Automated Storage and Retrieval System (ASRS) Market

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MarketsandMarkets Presents
Automated Storage and Retrieval System (ASRS)
Market worth 8.43 Billion USD by 2022 The
automated storage and retrieval system (ASRS)
market is currently witnessing a growing demand
from automotive and food beverages industries .
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The automated storage and retrieval system (ASRS)
market is currently witnessing a growing demand
from automotive and food beverages industries
as ASRS is highly recommended in these industries
for storing and retrieving goods from the
inventory on a real-time basis. ASRS helps bring
products and materials to employees work
locations accurately and on time, and to build
proper load-storage buffers for order picking and
fulfillment. Factors such as growing e-commerce
sector, surge in the automotive industry on a
global basis, and growing trend of autostores in
ASRS are some of the major growth drivers for
this market. Download PDF Brochure
www.marketsandmarkets.com/pdfdownload.asp?id1952
67987 The scope of this report covers the ASRS
market segmented on the basis of type, function,
industry, and geography. In terms of ASRS by
type, the unit load is expected to hold the
largest market share and lead the market between
2016 and 2022. Unit-load ASRS is widely utilized
in automotive, food beverage, and e-commerce
industries.
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Unit load is expected to hold the largest share
of the ASRS market by 2022 Players in the ASRS
market focus on manufacturing unit-load ASRS,
that is, high-density storage and retrieval
systems that enable highly efficient, accurate,
safe, and stable handling of full pallets, roll
cages, containerized loads, and large items.
Unit-load ASRS is being widely used in industries
such as aviation, automotive, e-commerce,
distribution, food beverage, pharmaceuticals
medical supplies, 3PL, and retail
apparel. While unit load held the largest market
share in 2015, autostore ASRS market is expected
to grow at a high CAGR between 2016 and 2022. An
autostore is an advanced enterprise warehouse
management system that allows complete
configurability and flexibility. The system can
be easily expanded and modified because of its
design. Players in the ASRS market are
concentrating on manufacturing autostore ASRS
designed to manage material flow strategies,
raise goods throughput, reduce paperwork, and
deliver real-time management information. Report
Details http//www.marketsandmarkets.com/Market-
Reports/automated-storage-retrieval-system-market-
195267987.html
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APAC expected to witness the highest growth
during the forecast period The market in APAC is
expected to grow at the highest CAGR between 2016
and 2022 owing to the increasing investments by
manufacturers and suppliers for installing
automated material handling systems at warehouses
and distribution centers. The market in APAC is
expected to grow because of the technological
advancements and increased awareness among
people. The report also profiles the most
promising players in the ASRS market, namely,
Daifuku Co., Ltd. (Japan), Kardex Group
(Switzerland), Murata Machinery, Ltd. (Japan),
Swisslog Holding AG (Switzerland), Mecalux S.A.
(Spain), SSI Schaefer Group (Germany),
Vanderlande Industries B.V. (Netherlands),
Dematic GmbH Co. Kg, (Germany), and Bastian
Solutions, LLC (U.S.). ContactMr. RohanMarkets
and Markets UNIT no 802, Tower no. 7,
SEZMagarpatta city, HadapsarPune, Maharashtra
411013, India1-888-600-6441Email sales_at_marketsa
ndmarkets.com
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automation, medical devices, pharmaceuticals,
semiconductor and electronics, and
telecommunications and IT.
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Contact Us
ContactMr. RohanMarkets and Markets UNIT no
802, Tower no. 7, SEZMagarpatta city,
HadapsarPune, Maharashtra 411013,
India1-888-600-6441Email sales_at_marketsandmarket
s.com