Press release
ASRS Racking Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Global ASRS Racking MarketASRS Racking Advantage is an automated robotic system for sorting, storing and retrieving items in warehouses. The ASRS system allows many improvements in storage: Reduces labor costs. Improve accuracy.
The global ASRS Racking market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for ASRS Racking is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for ASRS Racking is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of ASRS Racking include Frazier Industrial, Master Racks & Furniture, Engineered Products, AR Racking, Safer Storage Systems, Stow Group, Unarco Material Handling, Interlake Mecalux and Fritz Schäfer GmbH, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
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Report Scope
This report aims to provide a comprehensive presentation of the global market for ASRS Racking, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding ASRS Racking.
The ASRS Racking market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global ASRS Racking market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the ASRS Racking manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Key Segmentations
By Company
• Frazier Industrial
• Master Racks & Furniture
• Engineered Products
• AR Racking
• Safer Storage Systems
• Stow Group
• Unarco Material Handling
• Interlake Mecalux
• Fritz Schäfer GmbH
• Conveyco
• Kardex Group
• Nilkamal Material Handling
• Swisslog
• Addverb Technologies
• Shanghai Maxrac Storage Equipment Engineering
• Jiangsu Union Logistics System Engineering
• Shanghai Calin Logistic Equipment
• Mallard Manufacturing
• Signode Industrial Group
• Tech-Link Storage Engineering
• Midwest Engineered Systems
• Daifuku
• Jay Storage Solutions
• Nanjing Huade Storage Equipment Manufacture
Segment by Type
• Unit-Load AS/RS
• Mini-Load AS/RS
Segment by Application
• Delivery Center
• Independent Warehouse
• Others
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