Global Automated Storage and Retrieval Systems Market Expectations & Growth

Posted by Arslan on February 18th, 2019

Fact.MR recently published a market research report titled “Automated Storage and Retrieval Systems Market Forecast, Trend Analysis and Competition Tracking – Global Review 2018-2028”. The report is a comprehensive representation of the most critical growth parameters of the automated storage and retrieval systems market. Readers can find qualitative and quantitative information on how the automated storage and retrieval systems market will grow during the forecast period 2018-2028. Readers can identify the lucrative opportunities for players in the automated storage and retrieval systems market and other factors that may influence the market growth during the assessment period.

Furthermore, the report also helps readers to understand the regional outlook of the automated storage and retrieval systems market to adopt appropriate strategies to explore lucrative business opportunities in leading regional markets. The report presents critical information about the automated storage and retrieval systems market in the most seamless, chapter-wise manner for the better understanding of readers.

Automated Storage and Retrieval Systems – Future of the Warehousing Industry

Recent transformations in the warehousing industry are bringing in state-of-the-art technologies to enhance warehousing functions and management. Automated warehouses are witnessing growing adoption, helping manufacturers meet their demands for obtaining greater throughput. A palpable shift of focus towards mitigating operational issues and enhancing performance of warehousing functions is triggering adoption of automated storage and retrieval systems across a range of sectors.

Leading stakeholders in the automated storage and retrieval systems market are attracting more investments from players in the warehousing industry by aiding them to boost the delivery speed, material handling flexibility, and transportation efficiency with technologically advanced automated storage and retrieval systems.

Tier III Players Account for around 3/4^th Revenue Share of the Automated Storage and Retrieval Systems Market

Top 10 vendors in the automated storage and retrieval systems market account for around 25-28% of the overall market share; yet, the automated storage and retrieval systems market continues to remain fragmented. The fragmentation in the market can be gauged from the fact that Tier III vendors account for nearly 75% market share.

These tier III companies are concentrated in a specific state/province and their business model involves providing cost-effective solutions to SMEs. Though these companies do not have the deep pockets to scale up, collectively, they are a force to reckon with.

Segmentation

The Fact.MR report divides the automated storage and retrieval systems market into several segments to provide seamless information about the growth parameters of the market. Depending on the geographical regions, the automated storage and retrieval systems market is divided into North America, Latin America, Europe, the Commonwealth of Independent States (CIS) & Russia, Japan, Asia Pacific excluding Japan (APEJ), and Middle East & Africa (MEA

The report further classifies the automated storage and retrieval systems market into five categories based on its types, i.e. unit-load AS/RS, mini-load AS/RS, vertical lift modules (VLMs), horizontal carousels, and vertical carousels. Based on the categories of automated storage and retrieval systems, the report segments the market into standalone and integrated automated storage and retrieval systems. Furthermore, the automated storage and retrieval systems market is divided according to the end-user industries, such as automotive, food & beverage, electrical & electronics, healthcare, and retail & e-commerce.

Competitive Landscape

The Fact.MR report offer thorough and comprehensive profiling of the competitive environment in the automated storage and retrieval systems market. The report tracks major developments and strategies of leading players in the automated storage and retrieval systems market during the forecast period. Market players featured in the Fact.MR report include Daifuku Co., Ltd., Murata Machinery, Ltd., Dematic Corporation, Vanderlande Industries, TGW Logistics Group GmbH, System Logistics Spa, Westfalia Technologies, Inc., Honeywell Intelligrated, Swisslog Holding AG, and Invata Intralogistics, Inc.

Request for a Sample of this report: https://www.factmr.com/connectus/sample?flag=S&rep_id=1869