Press release
China ASRS Market to Witness Robust Expansion by 2029
China automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of 11.3% during the forecast period. The major factors that are driving the China ASRS market include the rising focus of the warehousing companies towards automation and the significant growth of e-commerce and retail industries in the country. China has rapidly positioned itself as a global leader in terms of automation. According to the International Federation of Robotics, the sale for industrial robots is expected to increase between 15% and 20% on average per year during 2018-2020.The country has witnessed a considerable rise in the revenue generated from the retail industry. According to China's Ministry of Commerce (MOFCOM), China's retail sales had surpassed sales in the US, for the first time in 2018, due to innovation and transformation of China's retail enterprises. The growth in the retail industry of the country has further increased the demand for automated warehousing system to manage warehouse more efficiently. In November 2017, the China e-commerce sector had figured out the different models of automation for the warehouses to have a competitive edge over other players operating in the sector.
China ASRS market is segmented on the basis of type and industry. On the basis of type, the market is segmented into the unit load, mini load, vertical lift module (VLM), carousel, and auto store. Mini load ASRS handles totes, trays, and cartons rather than full pallets. Mini load ASRS is used considerably in retail, e-commerce and 3PL providers. Based on the industry, the market is automotive; chemical, metals & heavy machinery; food & beverages; healthcare; retail, third-party logistics (3PL), and e-commerce; and others such as aviation and manufacturing. Innovative product launches, huge investment in R&D, mergers and acquisition, and partnerships among companies are the key growth strategies that are actively adopted by the companies to remain competitive in the market.
To Request a Sample of our Report on China ASRS Market: https://www.omrglobal.com/request-sample/china-asrs-market
China ASRS Market Segmentation
By Type
Unit Load
Mini Load
Vertical Lift Module
Carousel
Auto Store
By Industry
Automobile
Chemical, Metals & Heavy Machinery
Food & Beverages
Healthcare
Retail, Third-Party Logistics, and E-Commerce
Others (Aviation, Manufacturing Industry)
A full Report of China ASRS Market is Available @ https://www.omrglobal.com/industry-reports/china-asrs-market
Company Profiles
BEUMER Group
Daifuku Co., Ltd.
Honeywell International, Inc.
IHI Corp.
Kardex Group
KION Group AG
KNAPP AG
KUKA AG
Murata Machinery Ltd.
Nanjing Huade Storage Equipment Co. Ltd.
Qingdao Huichen Storage Equipment Co. Ltd.
TGW Logistics Group
Toyota Industries Corp.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
https://www.culturespace.co.kr/news-%eb%ac%b8%ed%99%94%e8%a1%97/%ec%95%84%ec%8b%9c%ec%95%84-%ed%83%9c%ed%8f%89%ec%96%91-%ec%98%a8%eb%9d%bc%ec%9d%b8-%ec%97%94%ed%84%b0%ed%85%8c%ec%9d%b8%eb%a8%bc%ed%8a%b8-%ec%8b%9c%ec%9e%a5-2023-2029%eb%85%84-%ea%b0%95%eb%a0%a5/178269/
https://perualdia.net/el-mercado-europeo-de-entretenimiento-en-linea-generara-ingresos-record-para-2029/
https://monblogapple.com/2023/07/05/marche-mondial-des-ingredients-laitiers-analyse-de-lindustrie-demande-future-et-previsions-jusquen-2029/
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release China ASRS Market to Witness Robust Expansion by 2029 here
News-ID: 3218183 • Views: …
More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become…

Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033.
Railway Management System Market Overview
The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,…

Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033.
Monocalcium Phosphate Market Overview
Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The…

Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033.
Automotive Lubricants Market Overview
The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by…
More Releases for China
China fund establishment, China fund management,china investment management
Pandacu China is a leading financial institution that specializes in providing fund establishment and management services for domestic and international investors looking to invest in China. The company was founded in 2015 by a team of experienced finance professionals with a deep understanding of the Chinese market and a strong network of contacts in the investment industry.
https://boomingfaucet.com/
China Fund Establishment Consultation
E-mail:nolan@pandacuads.com
Investing in China can be a complex and challenging process, and…
China Finance Advisor, China Debt Finance Corporation,China Investment Corporati …
Investment bank is a financial institution that helps companies and governments raise capital by underwriting and issuing securities, and also provides advice on mergers and acquisitions, strategic investments, and other financial matters. Investment banks typically have a team of professionals with expertise in various areas such as corporate finance, securities underwriting, sales and trading, and market research.
http://pandacuads.com/
China Investment Corporation
Email:nolan@pandacuads.com
Some of the main services provided by investment banks include:
Underwriting: Investment banks…
China Investment Bank, China Investment Consultant, China Investment Corporation …
Pandacu is a company that specializes in cross-border investment in China. The company was founded in china and has since grown to become one of the leading cross-border investment firms in China. Pandacu offers a wide range of services to its clients, including investment advisory, market research, due diligence, and post-investment support.
http://pandacuads.com/
Investment banking consultant
Email:nolan@pandacuads.com
Cross-border investment in China can be a complex and challenging process, as the country has a unique…
china construction company,china engineering company,china major bridge engineer …
List of Top 500 Chinese Construction Enterprises
ranking
https://gzwatches.cn/
Free engineering construction consultation
Email:nolan@wholsale9.com
Company Name
province
1
China State Construction Corporation Limited
Beijing
2
China Railway Corporation Limited
Beijing
3
China Railway Construction Corporation Limited
Beijing
4
Shanghai Weimengsi Construction Engineering Co., Ltd.
Shanghai
5
China Communications Construction Group Co., Ltd.
Beijing
6
China Power Construction Corporation Limited
Beijing
7
China Energy Construction Group Co., Ltd.
Beijing
8
Shanghai Construction Engineering Group Co., Ltd.
Shanghai
9
Jiangsu Zhongnan Construction Industry Group Co., Ltd.
Jiangsu
10
China Gezhouba Group Co., Ltd.
Hubei
11
China National Chemical Engineering Co., Ltd.
Beijing
12
Sinoma Group Co., Ltd.
Beijing
13
Guangxi Construction Engineering Group Co., Ltd.
Guangxi
14
Shanghai Urban…
Forehead Thermometer Market Analysis (2019- 2025)| Microlife (China), Radiant (C …
This research study is one of the most detailed and accurate ones that solely focus on the global Forehead Thermometer market. It sheds light on critical factors that impact the growth of the global Forehead Thermometer market on several fronts. Market participants can use the report to gain a sound understanding of the competitive landscape and strategies adopted by leading players of the global Forehead Thermometer market. The authors of…
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report
A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis…