Global Automated Storage and Retrieval System (ASRS) Market Size study, by Type (Vertical Lift Modules, Carousels, Crane-based, Vertical Buffer Modules, Robotic Shuttles, Floor Robots), by Application (Storage, Order Picking, Kitting, Buffering, Others) and Regional Forecasts 2022-2028
Global Automated Storage and Retrieval System (ASRS) Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX % over the forecast period 2022-2028. An Automated Storage and Retrieval System consists of a variety of computer-controlled systems for automatically placing and retrieving loads from the defined storage location. The growing need for fast, precise, and efficient fulfilment for in-store retailing has led to the adoption of Automated Storage and Retrieval System across the forecast period. For Instance: as per the Journal of Urgent Care Medicine in 2017, the Hospital Corporation of America has announced a plan for the expansion of Urgent Care Centers in an effort to build patient access points in its 14 major markets. Also, the Corporation used a portion of its effort, $2.9 billion capital budget in 2017 to increase urgent care locations from 72 to 120 by the year-end. Also, perpetual technological development will lead to the growth of Automated Storage and Retrieval Systems market. However, lack of skilled professionals impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Automated Storage and Retrieval System (ASRS) Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share owing to the widespread adoption of automation technology. Whereas, North America is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as rising disposable income would create lucrative growth prospects for the Automated Storage and Retrieval System (ASRS) Market across North America region.
Major market players included in this report are:
Daifuku Co., Ltd. (Japan)
SSI SCHAEFER AG (Germany)
Dematic (U.S.)
Honeywell Intelligrated (U.S.)
Toyota Industries Corporation (Japan)
Murata Machinery, Ltd. (Japan)
KNAPP AG (Austria)
BEUMER Group GmbH (Germany)
Swisslog Holding AG (Switzerland)
Material Handling Systems (U.S.)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Vertical Lift Modules
Carousels
Crane-based
Vertical Buffer Modules
Robotic Shuttles
Floor Robots
By Application:
Storage
Order Picking
Kitting
Buffering
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Automated Storage and Retrieval System (ASRS) Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Daifuku Co., Ltd. (Japan)
SSI SCHAEFER AG (Germany)
Dematic (U.S.)
Honeywell Intelligrated (U.S.)
Toyota Industries Corporation (Japan)
Murata Machinery, Ltd. (Japan)
KNAPP AG (Austria)
BEUMER Group GmbH (Germany)
Swisslog Holding AG (Switzerland)
Material Handling Systems (U.S.)
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