The “ Automated
Storage and Retrieval System Market to 2025 by Types (Unit Load ASRS, Mini Load
ASRS, Vertical Lift Module, Carousels and Others), and End-users ( Automotive,
Aerospace, Food & Beverages, Electronics, E-Commerce, Aerospace, Logistics,
Retail, Pharmaceuticals and Others) – Global Analysis and Forecast” The scope
of study involves understanding on the factors responsible for this growth of
Automated Storage and Retrieval System market along with the estimates and
forecasts of the revenue and market share analysis and also spots the
significant automated storage and retrieval system players in the market and
their key developments.
APAC being the fastest growing region in the e-commerce landscape, is driving the need and providing opportunities to logistics companies for serving the fast moving sector. The growth in increased internet and mobile penetration, increasing number of e-commerce players along with increasing logistics options in the value chain has resulted in fueling the e-commerce sector in the region. In order to stay competitive in the dynamic and fast moving e-commerce landscape, the logistic players are in a need to reinvent their storage facilities, and warehouse operations. Also, with the presence of several players in the market, managing customer complexities and expectations are the key challenges faced by the logistics companies. To overcome these challenges, logistics companies are choosing automated systems to enhance their warehouse operations as well as worker safety and comfort. Thus, owing to increased space utilization benefit delivered by ASRS and increased inventory control, the demand for such ASRS solutions is experiencing a high growth in the rapidly growing logistics sector of APAC countries.
The Automated Storage and Retrieval System market has experienced high growth and adoption rate in the last few years and is also expected to experience a significant growth and adoption rate in years to come. One of the major reason for high adoption of Automated Storage and Retrieval Systems are, it provides end-users ease of deployment along with flexibility for high scalability. Developing digital ecosystem and high growth of data, as well as developing economies are providing ample opportunities for the players operating in the global Automated Storage and Retrieval System market. Digital ecosystem creates a splurge of huge amounts of data transfer that is possible only after the availability of higher bandwidths. Automated Storage and Retrieval Systems on account of their high bandwidth provisioning capabilities become an ideal tool for data transfers.
The global automated storage and retrieval system market has been segmented on the basis of type into Unit Load ASRS, Mini Load ASRS, Vertical Lift Module (VLM), Carousels and Others. The ASRS market is further segmented on the basis of end-users into food & beverage, electronics, logistics, aerospace, retail, pharmaceuticals, automotive, e-commerce and others. Geographically, the global ASRS market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
European region is one of the key regions for the growth of ASRS market where there have been highly significant implementations of ASRS solutions by a host of industry verticals. The technological advancements in the region along with a developed infrastructure have been the conducive factors for the growth of ASRS market. The key players profiled in the report are Bastian Solutions Inc., System Logistics SpA, Daifuku Co. Ltd., Vanderlande Industries B.V., Swisslog Holding AG, Intelligrated (Honeywell), Interlake Mecalux, Kardex Group, Murata machinery Ltd. and SSI Schaefer System International.
The report segments the global automated storage and retrieval system market as follows:
Global Automated Storage and Retrieval System Market – By Types
Unit Load ASRS
Mini Load ASRS
Vertical Lift Module (VLM)
Global Automated Storage and Retrieval System Market – By End-user
Food & Beverage
Others (agriculture, construction, oil & gas)
Global Automated Storage and Retrieval System Market – By Geography
Asia Pacific (APAC)
Middle East & Africa (MEA)
South America (SAM)