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Automated Storage & Retrieval Systems Market Research

The global revenue generated by Automated Storage and Retrieval Systems in 2017 was $5.53billion, owing to growing need for automation in the supply chain industry, the market is estimated to grow at a CAGR of 6.55% throughout the forecast period 2018-2023.

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Automated Storage & Retrieval Systems Market Research

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  1. Automated Storage & Retrieval System Market is anticipated to hit $9.45 billion by 2023 at a CAGR of 6.55%. 

  2. APAC holds the largest market share and growth in the Automated Storage & Retrieval System Market and is anticipated to reach $3.36 billion by 2023 at a CAGR of 7.41%. The growing demand for industrialization in this region, combined with increasing investment in industrial automation, particularly in China, is set to spur the market. Contact : sales@industryarc.com

  3. Selected Regulatory Analysis Done in the Full Report: The AS/RS integrates various picking and routing mechanisms. Thus, it is necessary to design right systems for them. It involves an extensive research process complying with the safety standards for various industrial environments. The standard specifications for the desired system are created in this phase. Contact : sales@industryarc.com

  4. Selected Driving Factors Mentioned in the Full Report: • The advent of warehouse robotics has also developed significant opportunity for the inflow of products in the global market. Leading MNCs in automotive, manufacturing, petrochemical and other industries are vigorously investing in low risk warehouse automation, in order to convert their traditional rack and shelving facilities into automated facilities. • With the growing demand for supply chain efficiency, automated storage systems have been gaining adoption in recent years. Contact : sales@industryarc.com

  5. Key Players of the Automated Storage & Retrieval Systems Market Daifuku Co. Ltd SSI Schaefer Group Siemens Knapp AG Bosch Rexroth 15+ Download Sample Report Contact : sales@industryarc.com

  6. You Can Customize the Report as Per Your Need. We have included Some Customization Options Company Profile Analyst Briefing Data Tables Key Contacts Contact : sales@industryarc.com

  7. About IndustryARC IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare. IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. Contact : sales@industryarc.com

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