Automated Storage and Retrieval System Market 2018-2023: with Focus on future Scope

Market Scenario

The automated storage and retrieval systems are commonly known as AS/RS Systems. These systems provide users with increased inventory control and tracking, including greater flexibility to accommodate changing business conditions. The rising demand of AS/RS system helps to provide a detailed value chain analysis that of the warehouse and manufacturing sectors and helps to provide the information with high accuracy. The organic automated storage and retrieval system segment is expected to account for the largest share majorly due to ensure efficient order fulfillment and also helps to reduce labor cost for material storage and retrieval.

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The study signifies that Automated Storage and Retrieval Systems (AS/RS) are typically used in applications where there is a very high volume of loads which is being moved in and out of storage. This storage density is further important because due to space constraints; no value adding content is present in this process.

The automated storage and retrieval system helps to scale up the business and supports to set high goals. The AS/RS also fulfill the space requirement for more than 300 well-known companies, including Van Den Ban, Audi and among them. Moreover, this system also offers the real-time data, which is eliminating need for physical storage and also providing direct access to items at all times which is further signifies as a key driver of automated storage and retrieval systems.

The global Automated Storage And Retrieval System Market is expected to grow at USD$ ~10.81 Billion by 2023, at ~7.7% of CAGR between 2017 and 2023.

Key Players

The prominent players in the Automated Storage and Retrieval System Market are –TGW Logistics Group GmbH (Austria), Swisslog Holding AG (Switzerland), Daifuku Co., Ltd. (Japan), SSI Schaefer Group (Germany), Murata Machinery (Japan), Knapp AG (Austria), Mecalux SA (Spain), Vanderlande Industries (Netherlands), System Logistics Corporation (Italy), Bastian Solution (US), Beumer Group (Germany), Dematic GmbH & Co. KG (Germany) and Kardex Group (Switzerland) among others.

Automated Storage and Retrieval System Market Segmentation

The Automated Storage and Retrieval System Market has been segmented on the basis of categories, techniques, end -users and region. The semiconductor and electronics are expected to propel the highest growth rate during the forecast period as the AS/RS Systems can also easily expanded to meet increasing productivity demands in the North America region.

Regional Analysis:

The regional analysis of Automated Storage and Retrieval System market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of largest market share in automated storage and retrieval system market owing to the presence of many industries are driving the automated storage and retrieval system market. The Automated Storage and Retrieval System market in Europe region is expected to witness rapid growth. Whereas, Asia-Pacific countries like China, Japan and South Korea is an emerging market for Automated Storage and Retrieval System market.

Intended Audience

• Raw material providers
• Automated Storage and Retrieval System manufacturing companies
• Product sales and distribution companies
• Government regulatory authorities
• ASRS Original Equipment Manufacturers
• Raw Material Suppliers
• Assembly and Packaging Vendors
• Technical Universities
• Technology standards organizations
• Technology investors
• Research institutes,
• System Integrators
• Research/Consultancy firms

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TABLE OF CONTENTS

LIST OF FIGURES

Figure 1 Research Methodology

Figure 2 Automated Storage And Retrieval System Market: By Type (%)

Figure 3 Automated Storage And Retrieval System Market: By Application (%)

Figure 4 Automated Storage And Retrieval System Market: By End-User (%)

Figure 5 Automated Storage And Retrieval System Market: By Region (%)

Continued…

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Ma