UK ASRS Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

UK Automated Storage and Retrieval System (ASRS) Market is estimated to grow at a CAGR of over 9.5% during the forecast period. Well-developed e-commerce industry and growing industrial automation are driving the growth of the ASRS market in the country. An increase in the e-commerce industry increases the demand for warehouses which may lead to the adoption of ASRS in the warehouses' facilities to increase efficiency. The growth of the e-commerce industry in the country can be attributed to the high penetration of the internet and smartphones. There exists a high penetration of the internet in the country; almost 95% of the country's population uses the internet daily. Moreover, in 2018, UK ranked 7th out of 86 countries in the global inclusive internet index which depicts the easy affordability, availability, and relevance for internet users in the country. As per Eurostat 2018, over 81% of the total shoppers were e-shoppers in UK.

The UK 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.

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UK 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 UK ASRS Market is Available @  https://www.omrglobal.com/industry-reports/uk-asrs-market

Company Profiles

BEUMER Group
Daifuku Co., Ltd.
Honeywell International, Inc.
Industore Ltd.
Kardex Group
Keymas Ltd.
KION Group AG
KNAPP AG
KUKA AG
System Logistics SpA
TGW Logistics Group

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