The Asia Pacific Automated Storage & Retrieval System (ASRS) Market is expected to witness market growth of 9.9% CAGR during the forecast period (2020-2026).
Automated storage and retrieval systems are PC controlled frameworks that help with delivering materials securely to the desired location at the correct time and at the least cost. These frameworks improve the proficiency of transportation, storage, and retrieval of materials. The market is mostly driven by innovative advancements in sectors, for example, robotics, wireless technologies, and driverless vehicles; an increase in requirement for automation in industries; and expanded industrial production in developing countries, for example, China, and India. However, high initial capital investment restricts the development of the automated storage and retrieval systems market to some degree.
As the e-commerce division is going through rapid advancements, a wide range of industries are embracing warehouse automation advances to additionally improve the proficiency of logistics and supply chain management. Automated storage and retrieval system sellers are shifting their attention to growing new industry-specific answers to leverage extra benefit opportunities by integrating cutting edge automation technologies. Particularly in developed nations, organizations with manufacturing or distribution activities are investing vigorously in warehouse automation. Along these lines, to use the rise in adoption of the automation solution, major players in the automated storage and retrieval systems market are accepting strategies to enter unexplored industrial areas instead of intending to build up a solid position in the existing business sectors.
Based on Type, the market is segmented into Unit Load, Mid & Mini Load, Vertical Lift Module (VLM) and Carousel. Based on Function, the market is segmented into Storage, Order Picking, Assembly, Distribution and Kitting & Others. Based on End User, the market is segmented into Automotive, Metals & Heavy Machinery, Food & Beverages, Retail & Ecommerce, Healthcare, Semiconductor & Electronics and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Daifuku Co., Limited, Honeywell International, Inc., Kuka AG, Kion Group, Toyota Industries Corporation, BEUMER Group GmbH & Co. KG, Knapp AG, Murata Manufacturing Co., Ltd., Kardex AG, and TGW Logistics Group GmbH.
Scope of the Study
Market Segmentation:
By Type
By Function
By End User
By Country
Companies Profiled
Unique Offerings from the Publisher
Automated storage and retrieval systems are PC controlled frameworks that help with delivering materials securely to the desired location at the correct time and at the least cost. These frameworks improve the proficiency of transportation, storage, and retrieval of materials. The market is mostly driven by innovative advancements in sectors, for example, robotics, wireless technologies, and driverless vehicles; an increase in requirement for automation in industries; and expanded industrial production in developing countries, for example, China, and India. However, high initial capital investment restricts the development of the automated storage and retrieval systems market to some degree.
As the e-commerce division is going through rapid advancements, a wide range of industries are embracing warehouse automation advances to additionally improve the proficiency of logistics and supply chain management. Automated storage and retrieval system sellers are shifting their attention to growing new industry-specific answers to leverage extra benefit opportunities by integrating cutting edge automation technologies. Particularly in developed nations, organizations with manufacturing or distribution activities are investing vigorously in warehouse automation. Along these lines, to use the rise in adoption of the automation solution, major players in the automated storage and retrieval systems market are accepting strategies to enter unexplored industrial areas instead of intending to build up a solid position in the existing business sectors.
Based on Type, the market is segmented into Unit Load, Mid & Mini Load, Vertical Lift Module (VLM) and Carousel. Based on Function, the market is segmented into Storage, Order Picking, Assembly, Distribution and Kitting & Others. Based on End User, the market is segmented into Automotive, Metals & Heavy Machinery, Food & Beverages, Retail & Ecommerce, Healthcare, Semiconductor & Electronics and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Daifuku Co., Limited, Honeywell International, Inc., Kuka AG, Kion Group, Toyota Industries Corporation, BEUMER Group GmbH & Co. KG, Knapp AG, Murata Manufacturing Co., Ltd., Kardex AG, and TGW Logistics Group GmbH.
Scope of the Study
Market Segmentation:
By Type
- Unit Load
- Mid & Mini Load
- Vertical Lift Module (VLM)
- Carousel
By Function
- Storage
- Order Picking
- Assembly
- Distribution
- Kitting & Others
By End User
- Automotive
- Metals & Heavy Machinery
- Food & Beverages
- Retail & Ecommerce
- Healthcare
- Semiconductor & Electronics
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Daifuku Co., Limited
- Honeywell International, Inc.
- Kuka AG
- Kion Group
- Toyota Industries Corporation
- BEUMER Group GmbH & Co. KG
- Knapp AG
- Murata Manufacturing Co., Ltd.
- Kardex AG
- TGW Logistics Group GmbH
Unique Offerings from the Publisher
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Asia Pacific Automated Storage & Retrieval System (ASRS) Market by Type
Chapter 5. Asia Pacific Automated Storage & Retrieval System (ASRS) Market by Function
Chapter 6. Asia Pacific Automated Storage & Retrieval System (ASRS) Market by End User
Chapter 7. Asia Pacific Automated Storage & Retrieval System (ASRS) Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Daifuku Co., Limited
- Honeywell International, Inc.
- Kuka AG
- Kion Group
- Toyota Industries Corporation
- BEUMER Group GmbH & Co. KG
- Knapp AG
- Murata Manufacturing Co., Ltd.
- Kardex AG
- TGW Logistics Group GmbH
Methodology
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