Home / Technology & Media / Automated Storage And Retrieval System (ASRS) Market By Type (Unit-Load, Mini-Load, Vertical Lift Module, Carousal, Micro-Load), By Industry (Automotive, Food And Beverages, Chemicals Electronic And Semiconductor, Metal And Machinery, E-Commerce, Third-Party Logistics) - Growth, Future Prospects & Competitive Analysis, 2016 - 2024

Automated Storage And Retrieval System (ASRS) Market By Type (Unit-Load, Mini-Load, Vertical Lift Module, Carousal, Micro-Load), By Industry (Automotive, Food And Beverages, Chemicals Electronic And Semiconductor, Metal And Machinery, E-Commerce, Third-Party Logistics) - Growth, Future Prospects & Competitive Analysis, 2016 - 2024

Published: Jan 2017 | Report Code: 58340-01-17

Automated storage and retrieval system (ASRS) is an automated system dedicated to material storage, handling, and retrieval when required. ASRS is divided into two parts; first part comprises a central computer with the human interface. The second part is the storage and retrieval machine. Attributes such as increased accuracy and quick operation are making industries across the world to adopt ASRS, thus boosting the growth of ASRS market.

Automated storage and retrieval system market is highly driven by the ever increasing requirement for effective material management system across industrial organizations. Manufacturing firms spend a fortune for accurate material storage, retrieval, and handling. However, human labor does not appropriately justify the time and money involved for material storage and retrieval. In order to overcome such issues, manufacturing units and warehouses are opting for automated storage and retrieval systems. Customization and flexibility are another major factors boosting the ASRS market growth. However, factors such as high installation costs and overall maintenance cost are few restraints which affect the ASRS market growth, as small plants cannot prefer for such costly automation.

Automated storage and retrieval system is divided, based on their types into unit load ASRS, mini-load ASRS, vertical lift module, carousel type ASRS and micro-load ASRS. ASRS is further segmented, on the basis of end-use industry, into automotive, food and beverages, chemicals, metals and machinery, electronics and semiconductors, e-commerce, third-party logistics and others. Others include aviation, textile, paper, and healthcare.

Automated Storage And Retrieval System (ASRS) Market

The report titled “Automated Storage and Retrieval System- Growth, Future Prospects, Competitive Landscape and Forecast, 2016-2024” offers strategic insights into the global automated storage and retrieval market with focus on the market size and estimates for the duration 2014 to 2024 The said research study covers in-depth analysis of multiple market segments based on product types, end-use industry and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2015 & 2024. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities.

In order to help strategic decision makers, the report also includes competitive profiling of the leading automated storage and retrieval system manufacturers, their strategies, market positioning and key developments. Some of the major players profiled in the report Daifuku Co. Ltd., Schaefer Holdings International GmbH, Murata Machinery Ltd., Mecalux S. A., Vanderlande Industries, Swisslog AG, Kardex AG, Beumer Group GmbH, Fives Group, Knapp Logistics Automation GmbH, TGW Logistic Group GmbH, KuKa System North America, Legris Industries, Wintron GmbH, Flexlink AB, Wynright, Viastore Systems, Electtric 80, Dearborn Mid-West Conveyor Co. and others. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the automated storage and retrieval system.
  • Market drivers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2014 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global automated storage and retrieval system, offering market size and estimates for the period from 2016 to 2024, keeping in mind the above-mentioned factors.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Automated Storage and Retrieval System Market
2.2 Global Automated Storage and Retrieval System Market, By Type
2.3 Global Automated Storage and Retrieval System Market, By Industry
2.4 Global Automated Storage and Retrieval System Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global Automated Storage and Retrieval System Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
3.2 Key Trends and Future Outlook
3.3 Market Drivers
3.4 Market Growth Inhibitors
3.5 Opportunities
3.6 See-Saw Analysis
3.7 Competitive Landscape
3.7.1 Market Positioning of Key Automated Storage and Retrieval System Manufacturers

Chapter 4 Automated Storage and Retrieval System Market Analysis, by Type
4.1 Overview
4.2 Unit-load
4.2.1 Global Unit Load Automated Storage and Retrieval System Market Revenue, 2014 – 2024, (US$ Mn)
4.3 Mini-load
4.3.1 Global Mini Load Automated Storage and Retrieval System Market Revenue, 2014 – 2024, (US$ Mn)
4.4 Vertical Lift Module
4.4.1 Global Vertical Lift Module Automated Storage and Retrieval System Market Revenue, 2014 – 2024, (US$ Mn)
4.5 Carousal
4.5.1 Global Carousal Automated Storage and Retrieval System Market Revenue, 2014 – 2024, (US$ Mn)
4.6 Micro-load
4.6.1 Global Micro Load Automated Storage and Retrieval System Market Revenue, 2014 – 2024, (US$ Mn)


Chapter 5 Automated Storage and Retrieval System Market Analysis, by Industry
5.1 Overview
5.2 Automotive
5.2.1 Global Automated Storage and Retrieval System Revenue for Automotive Market, 2014 – 2024, (US$ Mn)
5.3 Food and Beverages
5.3.1 Global Automated Storage and Retrieval System Market Revenue for Food and Beverages, 2014 – 2024, (US$ Mn)
5.4 Chemicals
5.4.1 Global Automated Storage and Retrieval System Market Revenue for Chemical, 2014 – 2024, (US$ Mn)
5.5 Electronic and Semiconductor
5.5.1 Global Automated Storage and Retrieval System Market Revenue for Electronic and Semiconductor, 2014 – 2024, (US$ Mn)
5.6 Metal and Machinery
5.6.1 Global Automated Storage and Retrieval System Market Revenue for Metal and Machinery, 2014 – 2024, (US$ Mn)
5.7 E-Commerce
5.7.1 Global Automated Storage and Retrieval System Market Revenue for E-Commerce, 2014 – 2024, (US$ Mn)
5.8 Third-party Logistics
5.8.1 Global Automated Storage and Retrieval System Market Revenue for Third-party Logistics, 2014 – 2024, (US$ Mn)
5.9 Others (Aviation, Textile, Paper and Health-care)
5.9.1 Global Automated Storage and Retrieval System Market Revenue for Others (Aviation, Textile, Paper and Health-care), 2014 – 2024, (US$ Mn)

Chapter 6 North America Automated Storage and Retrieval System Market Analysis
6.1 Overview
6.1.1 North America Automated Storage and Retrieval System Market Revenue and Growth, 2014 – 2024, (US$ Bn)
6.2 North America Automated Storage and Retrieval System Market Analysis, By Type , 2014 – 2024 (US$ Mn)
6.2.1 Comparative Analysis
6.3 North America Automated Storage and Retrieval System Market Analysis, By Industry, 2014 – 2024 (US$ Mn)
6.3.1 Comparative Analysis
6.4 North America Automated Storage and Retrieval System Market Analysis, By Region, 2014 – 2024 (US$ Mn)
6.4.1 Comparative Analysis

Chapter 7 Europe Automated Storage and Retrieval System Market Analysis
7.1 Overview
7.1.1 Europe Automated Storage and Retrieval System Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
7.2 Europe Automated Storage and Retrieval System Market Analysis, By Type , 2014 – 2024 (US$ Mn)
8.2.1 Comparative Analysis
7.3 Europe Automated Storage and Retrieval System Market Analysis, By Industry, 2014 – 2024 (US$ Mn)
7.3.1 Comparative Analysis
7.4 Europe Automated Storage and Retrieval System Market Analysis, By Region, 2014 – 2024 (US$ Mn)
8.4.1 Comparative Analysis

Chapter 8 Asia Pacific Automated Storage and Retrieval System Market Analysis
8.1 Overview
8.1.1 Asia Pacific Automated Storage and Retrieval System Market Revenue and Growth, 2014 – 2024, (US$ Mn)
8.2 Asia Pacific Automated Storage and Retrieval System Market Analysis, By Type , 2014 – 2024 (US$ Mn)
8.2.1 Comparative Analysis
8.3 Asia Pacific Automated Storage and Retrieval System Market Analysis, By Industry, 2014 – 2024 (US$ Mn)
8.3.1 Comparative Analysis
8.4 Asia Pacific Automated Storage and Retrieval System Market Analysis, By Region, 2014 – 2024 (US$ Mn)
8.4.1 Comparative Analysis

Chapter 9 Rest of the World Automated Storage and Retrieval System Market Analysis
9.1 Overview
9.1.1 Rest of the World Automated Storage and Retrieval System Market Revenue and Growth, 2014 – 2024, (US$ Mn)
9.2 Rest of the World Automated Storage and Retrieval System Market Analysis, By Type , 2014 – 2024 (US$ Mn)
9.2.1 Comparative Analysis
9.3 Rest of the World Automated Storage and Retrieval System Market Analysis, By Industry, 2014 – 2024 (US$ Mn)
9.3.1 Comparative Analysis
9.4 Rest of the World Automated Storage and Retrieval System Market Analysis, By Region, 2014 – 2024 (US$ Mn)
9.4.1 Comparative Analysis

Chapter 10 Company Profiles
10.1 Daifuku Co. Ltd.
10.1.1 Daifuku Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.2 Schaefer Holdings International GmbH
10.2.1 Schaefer Holdings International GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.3 Murata Machinery Ltd.
10.3.1 Murata Machinery Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.4 Mecalux S. A.
10.4.1 Mecalux S. A.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.5 Vanderlande Industries
10.5.1 Vanderlande Industries: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.6 Swisslog AG
10.6.1 Swisslog AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.7 Kardex AG
10.7.1 Kardex AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.8 Beumer Group GmbH
10.8.1 Beumer Group GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.9 Fives Group
10.9.1 Fives Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.10 Knapp Logistics Automation GmbH
10.10.1 Knapp Logistics Automation GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.11 TGW Logistic Group GmbH
10.10.1 TGW Logistic Group GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.12 KuKa System North America
10.12.1 KuKa System North America: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.13 Legris Industries
10.13.1 Legris Industries: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.14 Wintron GmbH
10.14.1 Wintron GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.15 Flexlink AB
10.15.1 Flexlink AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.16 Wynright
10.16.1 Wynright: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.17 Viastore Systems
10.17.1 Viastore Systems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.18 Electtric 80
10.18.1 Electtric 80: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
10.19 Dearborn Mid-West Conveyor Co.
10.19.1 Dearborn Mid-West Conveyor Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)

Note :

  • Profiles of specific players, if required, shall be added to the report upon request

List Of Table :

TABLE 1 Market Snapshot: Global Automated Storage and Retrieval System Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Automated Storage and Retrieval System Market Revenue, By Type , 2014 – 2024 (US$ Mn)
TABLE 5 North America Automated Storage and Retrieval System Market Revenue, By Industry, 2014 – 2024 (US$ Mn)
TABLE 6 North America Automated Storage and Retrieval System Market Revenue, By Region, 2014 – 2024 (US$ Mn)
TABLE 7 Europe Automated Storage and Retrieval System Market Revenue, By Type , 2014 – 2024 (US$ Mn)
TABLE 8 Europe Automated Storage and Retrieval System Market Revenue, By Industry, 2014 – 2024 (US$ Mn)
TABLE 9 Europe Automated Storage and Retrieval System Market Revenue, By Region, 2014 – 2024 (US$ Mn)
TABLE 10 Asia Pacific Automated Storage and Retrieval System Market Revenue, By Type , 2014 – 2024 (US$ Mn)
TABLE 11 Asia Pacific Automated Storage and Retrieval System Market Revenue, By Industry, 2014 – 2024 (US$ Mn)
TABLE 12 Asia Pacific Automated Storage and Retrieval System Market Revenue, By Region, 2014 – 2024 (US$ Mn)
TABLE 13 Rest of the World Automated Storage and Retrieval System Market Revenue, By Type , 2014 – 2024 (US$ Mn)
TABLE 14 Rest of the World Automated Storage and Retrieval System Market Revenue, By Industry, 2014 – 2024 (US$ Mn)
TABLE 15 Rest of the World Automated Storage and Retrieval System Market Revenue, By Region, 2014 – 2024 (US$ Mn)
TABLE 16 Daifuku Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 17 Schaefer Holdings International GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 18 Murata Machinery Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 19 Mecalux S. A.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 20 Vanderlande Industries: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 21 Swisslog AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 22 Kardex AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 23 Beumer Group GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 24 Fives Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 25 Knapp Logistics Automation GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 26 TGW Logistic Group GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 27 KuKa System North America: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 28 Legris Industries: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 29 Wintron GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 30 Flexlink AB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 31 Wynright: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 32 Viastore Systems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 33 Electtric 80: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)
TABLE 34 Dearborn Mid-West Conveyor Co.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, SCOT Analysis, Recent Developments)

List Of Figure :

FIG. 1 Global Automated Storage and Retrieval System Market: Research Methodology
FIG. 2 Top-Down and Bottom Up Approach
FIG. 3 Global Automated Storage and Retrieval System Market, By Type , 2015 (US$ Mn)
FIG. 4 Global Automated Storage and Retrieval System Market, By Industry, 2015 (US$ Mn)
FIG. 5 Global Automated Storage and Retrieval System Market, By Geography, 2015 (US$ Mn)
FIG. 6 Global Automated Storage and Retrieval System Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
FIG. 7 See-Saw Analysis: Global Automated Storage and Retrieval System Market
FIG. 8 Market Positioning of Key Automated Storage and Retrieval System Manufacturers, 2015
FIG. 9 Global Automated Storage and Retrieval System by Type, 2015 & 2024(Revenue Share %)
FIG. 10 Global Unit Load Automated Storage and Retrieval System Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 11 Global Mini Load Automated Storage and Retrieval System Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 12 Global Vertical Lift Module Automated Storage and Retrieval System Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 13 Global Carousal Automated Storage and Retrieval System Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 14 Global Micro Load Automated Storage and Retrieval System Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 15 Global Automated Storage and Retrieval System by Industry, 2015& 2024(Revenue Share %)
FIG. 16 Global Automated Storage and Retrieval System for Automotive Market Revenue, 2014 – 2024, (US$ Mn)
FIG. 17 Global Automated Storage and Retrieval System Market Revenue for Food and Beverages, 2014 – 2024, (US$ Mn)
FIG. 18 Global Automated Storage and Retrieval System Market Revenue for Chemical, 2014 – 2024, (US$ Mn)
FIG. 19 Global Automated Storage and Retrieval System Market Revenue for Distribution, 2014 – 2024, (US$ Mn)
FIG. 20 Global Automated Storage and Retrieval System Market Revenue for Metal and Machinery, 2014 – 2024, (US$ Mn)
FIG. 21 Global Automated Storage and Retrieval System Market Revenue for E-Commerce, 2014 – 2024, (US$ Mn)
FIG. 22 Global Automated Storage and Retrieval System Market Revenue for Third-party Logistics, 2014 – 2024, (US$ Mn)
FIG. 23 Global Automated Storage and Retrieval System Market Revenue for Others (Aviation, Textile, Paper and Health-care), 2014 – 2024, (US$ Mn)
FIG. 24 North America Automated Storage and Retrieval System Market Revenue and Growth, 2014 – 2024, (US$ Bn)
FIG. 25 Europe Automated Storage and Retrieval System Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
FIG. 26 Asia Pacific Automated Storage and Retrieval System Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
FIG. 27 Rest of the World Automated Storage and Retrieval System Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)

The global automated storage and retrieval system (ASRS) market is segmented, based on its types, into following categories:

  • Unit-load ASRS
  • Mini-load ASRS
  • Vertical Lift Module
  • Carousal ASRS
  • Mini-load ASRS 

Automated Storage And Retrieval System (ASRS) Market

Different types of ASRS are being used for various applications across different sectors for storage and material handling. Unit load ASRS is the most preferred system across different industrial sectors. Unit-load ASRS is designed to handle the pallet sized load and has the capacity to lift load above 2000 kg with exceptional accuracy. Industries including automotive, chemicals and metal and machinery prefer unit load ASRS for storing and retrieving of heavy loads. Unit load ASRS is designed to reach the highest point of storage where even forklifts are unable to retrieve materials. All these factors propose unit load ASRS as a prime choice of industries for heavy material storage and handling. Rise in aforesaid industries and increase in adoption of unit load ASRS would lead unit load ASRS to dominate this segment during the forecast.

Mini–load ASRS succeeds unit load ASRS in this segment as of 2015. This system is designed to handle small loads such as individual parts, tools, and supplies that are contained in bins or drawers in the storage system. Such a system is applicable where the availability of space is limited. Mini-load ASRS finds its application in small warehouses and distribution centers across different storage domains. Suitability for small spaces and low initial investments are making mini-load ASRS, the fastest growing in this segment in coming years.

The global automated storage and retrieval system market is segmented, based on its industry, into following categories:

  • Automotive
  • Food and Beverages
  • Chemicals
  • Electronics and Semiconductors
  • Metal and Machinery
  • E-commerce
  • Third-party Logistics
  • Others (Aviation, Textile, Paper, and Healthcare)

Automated Storage And Retrieval System (ASRS) Market

The ASRS is used across various applications such as a warehouse, E-commerce, third-party logistics, automotive, food, and beverages, along with consumer product manufacturing. The automotive sector is among the largest consumers of ASRS worldwide. In an automobile assembly unit, wide arrays of parts are assembled. This requires highly accurate and effective storage and retrieval system, failure of which may lead to delay in production and related losses. As a result, ASRS has become highly popular in the automotive industry, over the period of time. With steady anticipated growth across the automotive industry, the segment would continue dominating the market.

The overall demand for ASRS system is estimated to remain relatively steady in the electronics and semiconductor industry. Electronics and semiconductor manufacturing unit require a wide variety of components which are usually very delicate and small in sizes. Storing and retrieval of such parts through ASRS proves to be expensive for small production units. Consequently, deployment of ASRS system in electronics and semiconductors is still limited. Further, the E-commerce sector is estimated to witness strong growth during the forecast period. With the rapid proliferation in online shopping, the e-commerce sector is expected to continue demonstrating strong growth in the coming years. In order to carry smooth process, e-commerce companies are required to maintain an organized warehouse. Subsequently, rising e-commerce sector would substantially drive the demand for related to warehouse management systems such as ASRS.

The global automated storage and retrieval system market has been segmented, on the basis of geographical regions, as per following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Rest of Asia Pacific
  • Rest of the World (ROW)
    • Middle East & Africa (MEA)
    • Latin America

Automated Storage And Retrieval System (ASRS) Market

Europe dominates the overall ASRS market as of 2015. Countries including the U.K., France, Germany and others have a heavy concentration of manufacturing units. Automotive, food and beverages, metals and machinery are the predominant industrial sectors in this region. Industries across this region are opting for automation of different processes of manufacturing including material storage and handling. Consequently, adoption for ASRS for material storage and retrieval by industries across this region is growing significantly.

Asia Pacific is estimated to emerge as the fastest growing region in the overall ASRS market. Significant growth in manufacturing units in countries including China, Japan, South Korea, India and some of the Southeast Asia countries has been observed in nascent time. The Strong presence of mass manufacturing and warehouses has inculcated firm requirement of organized material storage and retrieval system. Companies are adopting sophisticated techniques such as ASRS for efficient and organized material storage and retrieval system. Subsequently, demand for ASRS is exhibiting a significant growth in Asia Pacific market in terms of revenue.

Choose License Type
Connect With Us
+1-800-361-8290
24/7 Research Support

Credence Webinars

Join Credence analysts to explore the latest IT Trends

view upcoming webinars

Our Clients