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Global Automated Storage and Retrieval System (ASRS) Market Trends, Challenges and Growth Drivers Analysis 2017 - 2024
The New Report Of Global Automated Storage and Retrieval System (ASRS) Market accounted to USD 8.7billion in 2016 growing at a CAGR of 16.0% during the forecast period of 2017 to 2024.Global Automated Storage and Retrieval System (ASRS) Market By Type (Unit Load, Mini Load, Vertical Lift Module, Carousel, Mid Load, Autostore) By function (Assembly, Kitting, Order Picking, Distribution, Storage, Others) By End-user (Automotive, Chemicals, Aviation, Electronic & Semiconductor, E-Commerce, Food & Beverages, Healthcare, Metals and Heavy Machinery, Others)By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
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An automated storage and retrieval system consists of a variety of computer-controlled systems for automatically placing and retrieving loads from defined storage locations.
Major Market Drivers and Restraints:
• Real-Time Inventory Control at A Lower Cost
• Multichannel Supply Chain Strategy in Retail
• Improved Employee Productivity, Along With Growth in the Automated Material Handling Market
• Requirement for Large Capital Investments
Market Segmentation: Global Automated Storage and Retrieval System (ASRS) Market
On the basis oftype the Global Automated Storage and Retrieval System (ASRS) Market is segmented intoUnit Load, Mini Load, Vertical Lift Module, Carousel, Mid Load, Autostore.
On the basis of function the Automated Storage and Retrieval System (ASRS) Marketis segmented into Assembly, Kitting, Order Picking, Distribution, Storage, Others.
On the basis of End-user the Automated Storage and Retrieval System (ASRS) Marketis segmented into Automotive, Chemicals, Aviation, Electronic & Semiconductor, E-Commerce, Food & Beverages, Healthcare, Metals and Heavy Machinery, Others.
On the basis of geography, Automated Storage and Retrieval System (ASRS) Marketreport covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, andBrazil among others. In 2017, North America is expected to dominate the market.
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Global Automated Storage and Retrieval System (ASRS) Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Some of the major players operating in Automated Storage and Retrieval System (ASRS) Market are Daifuku Co., Ltd
SSI Schaefer Group
Murata Machinery, Ltd
Knapp AG
TGW Logistics Group GmbH
Kardex Group
Swisslog Holding AG
Mecalux S.A
Vanderlande Industries BV,
System Logistics Corporation
Bastian Solutions, Inc
Beumer Group,Dematic GmbH & Co. Kg
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Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or drop down your enquiry.
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