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Global Automated Storage and Retrieval System (ASRS) Market to Grow at CAGR of 16.0% through 2024
Global Automated Storage and Retrieval System (ASRS) Market- Industry Trends and Forecast to 2024
The Global Automated Storage and Retrieval System (ASRS) Market accounted to USD 8.7 billion in 2016 growing at a CAGR of 16.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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This report consists of below pages:
No of pages : 350 No of Figures: 60 No of Tables: 220
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Market Definition:
An automated storage and retrieval system consists of a variety of computer-controlled systems for automatically placing and retrieving loads from defined storage locations.
Global Automated Storage and Retrieval System (ASRS) Market Competitive Analysis:
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.
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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
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Market Segmentation:
On the basis of type the Automated Storage and Retrieval System (ASRS) Market is segmented into Unit Load, Mini Load, Vertical Lift Module, Carousel, Mid Load, Autostore.
On the basis of function the Automated Storage and Retrieval System (ASRS) Market is segmented into Assembly, Kitting, Order Picking, Distribution, Storage, Others.
On the basis of End-user the Automated Storage and Retrieval System (ASRS) Market is 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) Market report 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, and Brazil among others. In 2017, North America is expected to dominate the market.
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Major Market Competitors
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
• among others.
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