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Global ASRS Market is estimated to reach US$ 13,808.2 Mn by 2025 |The Insight Partners
Browse market data tables and in-depth TOC of the ASRS Market @ http://www.theinsightpartners.com/reports/automated-storage-and-retrieval-systems-market-research-report
Diverse storage solutions such as unit load, mid-load, carousels, and VLM (Vertical Lift Modules) serve various purposes of their users with added value thereby help them in reducing costs. VLMs save more than 80% of floor space by stacking the material in vertical shelves. Also, these storage systems are designed in such a way that storing and picking of goods becomes less time taking, more efficient and helps to increase productivity at the workplace. Similarly, horizontal and vertical carousels are used for storage of small parts and tools used either at the manufacturing plant shop floor or for storage of consumer goods. Moreover, the modular structure of these systems ensure flexibility and scalability. Thus, need for fast, space efficient, and cost effective storage systems along with maximum throughput and productivity, is driving the market for automated storage solutions, across most of the end-user industries.
Industries nowadays are experiencing huge demands for automating storage and retrieving activities, which can further increase the batch processing speeds of consumer goods and various packaged products. Thus, many-folds increase in the productivity has been driving the adoptions of automated ASRS systems in the recent times.
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The global automated storage and retrieval systems (ASRS) market has been segmented on the basis of type into unit load ASRS, mini load ASRS, carousals, vertical lift modules (VLM), and others. Additionally, this market is also segmented on the basis of end-users into automotive, electronics, food & beverage, e-commerce, aerospace, logistics, pharmaceuticals, retail, and others. Geographically, the global ASRS market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).
Countries like Japan, India, China, Australia, Singapore, Taiwan, and Indonesia have a plethora of manufacturing industries pertaining to diverse sector that includes electronics, food & beverage, chemicals, textile, automobiles, and healthcare. The manufacturing industry in the countries of Asia Pacific have experienced a huge shift over the years. The Asian manufacturing sector is known to rapidly adopt innovation accelerators that includes robotics along with the emerging cloud and mobility technologies. The key players profiled in the report are Bastian Solutions, Inc., Daifuku Co. Ltd., Kardex Group, SSI Schaeffer Systems International and Murata machinery Ltd. Among others.
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The report segments the global ASRS market as follows:
Global ASRS Market – By Types
• Unit Load ASRS
• Mini Load ASRS
• Carousals
• VLM
• Others
Global ASRS Market – By End-user
• Automotive
• Electronics
• Food & Beverage
• E-commerce
• Logistics
• Pharmaceuticals
• Retail
• Others
Global ASRS Market – By Geography
• North America
• Europe
• Asia Pacific (APAC)
• Middle East & Africa (MEA)
• South America (SAM)
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About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
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