Global Automated Storage and Retrieval Systems Market Expected To Grow At A CAGR Of 8.04% During The Period 2017 - 2021

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Automated storage and retrieval system (ASRS) is complex automated device having tall racks, stacker cranes, inventory in/out systems, automatic storage and retrieval equipment, and computer management systems. These systems are used for automated retrieval and placement of loads from different defined storage locations. ASRS can be of different types such as unit load, mini load, and tunnel style systems. These systems can be used in various industries such as automotive, retail, and food and beverage (F&B).

Technavios analysts forecast the global automated storage and retrieval systems market to grow at a CAGR of 8.04% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automated storage and retrieval systems market for 2017-2021. To calculate the market size, the report presents the vendor landscape and a corresponding detailed profiling of the market participants across the value chain of the global automated storage and retrieval systems market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Automated Storage and Retrieval Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Daifuku
Dematic
SSI Schaefer
Vanderlande Industries

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Other prominent vendors
BEUMER Group
Dearborn Mid-West Conveyor
Fives Group
FlexLink
Intelligrated
Kardex
KNAPP Logistics Automation
Legris Industries
Mecalux
Murata Machinery
Swisslog
TGW Logistics Group

Market driver
Growing e-commerce industry.
For a full, detailed list, view our report

Market challenge
Need for continuous support and maintenance.
For a full, detailed list, view our report

Market trend
About 20% of manufacturing functions to be completely automated by 2021.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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