Automated Storage and Retrieval System Market worth $7.29 Billion by 2020 Automated Storage & Retrieval System Market by Type (Unit load Mini load, Shuttle & Carousel), Industry (Automotive, Food & Beverage, Chemical & Pharmaceutical, E-commerce, & Aerospace), Function & Geography - Global Forecast to 2020 ASRS has also helped overcome the challenge of providing customized solutions to various industries based on their specific requirements. Many players are still trying to come up with advanced ASRS related technologies, in order to increase customer adoption across various industry verticals. The growing awareness of inventory control and automation of storage systems by the integration of advanced technologies with ASRS products is expected to propel the said market in the near future. But this Report with Browse 70 market data tables and 106 figures spread through 180 pages and in-depth TOC on “Automated Storage & Retrieval System Market - Global Forecast to 2020" Sample pages of the Report : http://www.marketsandmarkets.com/requestsample.asp?id=195267987 This report profiles the major companies present in the this market such as Daifuku Co. Ltd. (Japan), Kardex Group (Switzerland), Vanderlande Industries B.V. (Netherlands), Swisslog Holding AG (Switzerland), Murata Machinery, Ltd. (Japan), Dematic GmbH & Co. Kg, (Germany), BEUMER Group GmbH & Co. KG (Germany), Bastian Solutions, LLC (U.S.), Mecalux S.A. (Spain), and SSI Schaefer Group (Germany). The Automated Storage & Retrieval System Market are widely used in manufacturing plants to store and handle the work piece components used during production and after manufacturing. Some of the major functions performed by Automated Storage & Retrieval System Market include assembly, kitting, order picking, distribution, and storage among others. The storage function of Automated Storage System ensures product availability whenever it is required at the distribution center for shipping. It accounts for the largest market share followed
by the order picking function in the Automated Storage System Market. The kitting function is expected to grow at the highest rate due to the increased adoption of Automated Storage & Retrieval System Market by various industries such as ecommerce, 3PL, and aerospace. Report Details @ http://www.marketsandmarkets.com/Market-Reports/automated-storage-retrievalsystem-market-195267987.html
Automated Storage & Retrieval System
Various factors such as improved supply chain efficiency and productivity, growth of the automated material handling market, and real time inventory control are driving the growth of the Automated Storage System Market. Providing flexible and scalable solutions is major challenge for the companies operating in the Automated Retrieval System Market. The report covers the Automated Storage System Market; it includes types such as unit load, mini load, shuttle, and carousel among others. The carousel Automated Retrieval System Market has been further divided into horizontal carousel and vertical carousel. The industry vertical has been segmented into automotive, food & beverages, chemical & pharmaceutical, electronic & semiconductor, metal & machinery, e-commerce, and aerospace among others.
This report analyzes the findings by considering the market dynamics and various industry trends that shape this market. These dynamics have been categorized into drivers, restraints, opportunities, and challenges. The market estimation and forecasting has been done using these market dynamics. The industry trends showcase various recent and future developments in the industry and also analyze the market lifecycle. The Automated Storage & Retrieval System Market has also been segmented based on geography into North America, Europe, APAC, and ROW. The European region holds the maximum share in the Automated Storage System Market, due to significant presence of key players such as BEUMER Group GmbH & Co. KG (Germany) and Dematic GmbH & Co. Kg, both based in Germany. Furthermore, the report also includes critical market data pertaining to the Porter’s Five Forces analysis along with the value chain analysis.