Automated Storage and Retrieval System (ASRS) Market was valued at USD 5.92 billion in 2020 which is expected to reach 12.79 billion by 2030 at a CAGR 7.33%.
Automated storage and retrieval system is a part of many warehouse automation systems that has the ability to sort sequence, buffer, and store wide range of goods into virtually unlimited destinations. This system mainly comprises of storage and retrieval machines conveyor interface, rack structure, and warehouse control system.
Increase in demand for automated storage and retrieval system (ASRS) in e-commerce due to onset of COVID-19 is the key driving factor which is expected to boost the Automated Storage and Retrieval System (ASRS) Market growth. Also, rise in demand for ASRS in automotive industry will positively contribute the market growth. Furthermore, optimum utilization of space and rise in labor costs as well as improved accuracy, efficiency, and productivity in supply chain along with better inventory control which is expected to drive the market growth during this forecast period.
However, requirement of large initial investment is the major restraining factor which is expected to hinder the global automated storage and retrieval (ASRS) market growth. Also, lack of technical expertise and skilled workforce will affect the market growth during this analysis period.
Automated Storage and Retrieval System (ASRS) Market is segmented into type such as Mid Load, Vertical Lift Module, Autostore, Unit Load, Mini Load, and Carousel, by function such as Distribution, Storage, Assembly, Kitting, and Order Picking. Further, market is segmented into vertical such as Automotive, Healthcare, Chemicals, Aviation, Food & Beverages, and Others.
Also, Automated Storage and Retrieval System (ASRS) Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Daifuku Co.Ltd, Schaefer Holding Internal GMBH, Dematic, Murata Machinery Ltd., Mecalux SA, Toyota Industries, TGW Logistics, KNAPP, and SYSTEM LOGISTICS
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Automated Storage and Retrieval System (ASRS) Market Share Analysis, By Type
5.3 Global Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Type
5.3.1 Mid Load
5.3.2. Vertical Lift Module
5.3.3. Autostore
5.3.4.Unit load
5.3.5. Mini Load
5.3.6.Carousel
6.1 Y-o-Y Growth Comparison, By Function
6.2 Global Automated Storage and Retrieval System (ASRS) Market Share Analysis, By Function
6.3 Global Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Function
6.3.1 Distribution
6.3.2 Storage
6.3.3. Assembly
6.3.4. Kitting
6.3.5. Order Picking
7.1 Y-o-Y Growth Comparison, By Vertical
7.2 Global Automated Storage and Retrieval System (ASRS) Market Share Analysis, By Vertical
7.3 Global Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Vertical
7.3. 1 Automotive
7.3.2 Healthcare
7.3.3. Chemical
7.3.4.Aviation
7.3.5. Food & Beverages
7.3.6. Others
8.1 Global Automated Storage and Retrieval System (ASRS) Market Share Analysis, By Region
8.2 Global Automated Storage and Retrieval System (ASRS) Market Share Analysis, By Region
8.3 Global Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Region
9.1 Introduction
9.2 North America Automated Storage and Retrieval System (ASRS) Market Share Analysis, By Type
9.3 North America Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Function
9.4 North America Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Vertical
9.5 North America Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10.1 Introduction
10.2 Europe Automated Storage and Retrieval System (ASRS) Market Share Analysis, By Type
10.3 Europe Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Function
10.4 Europe Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Vertical
10.5 Europe Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11.1 Introduction
11.2 Asia Pacific Automated Storage and Retrieval System (ASRS) Market Share Analysis, By Type
11.3 Asia Pacific Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Function
11.4 Asia Pacific Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Vertical
11.5 Asia Pacific Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12.1 Introduction
12.2 Latin America Automated Storage and Retrieval System (ASRS) Market Share Analysis, By Type
12.3 Latin America Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Function
12.4 Latin America Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Vertical
12.5 Latin America Automated Storage and Retrieval System (ASRS) Market Size and Forecast, Country
13.1 Introduction
13.2 Middle East Automated Storage and Retrieval System (ASRS) Market Share Analysis, By Type
13.3 Middle East Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Function
13.4 Middle East Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Vertical
13.5 Middle East Automated Storage and Retrieval System (ASRS) Market Size and Forecast, By Country
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
