European ASRS Market Size, Share, Trends & Forecast 2019-2025Posted by Avinash on February 22nd, 2020 The European Automated Storage and Retrieval System (ASRS) Market is estimated to grow at a CAGR of 9.9% during the forecast period. European ASRS market covers the analysis of major economies including UK, Germany, Italy, Spain, France, and the Rest of Europe. The growing e-commerce industry, cross-border e-commerce sales, and increasing industrial automation are the major factors that are driving the growth of the ASRS market in the region. Moreover, the growing application of ASRS in various industries including automobile, food & beverages, retail and e-commerce, aeronautical, and others is further augmenting the regional business growth of the market. Request a Free Sample of our Report on European ASRS Market: https://www.omrglobal.com/request-sample/india-protective-gloves-market According to UNCTAD, Germany accounted for the largest e-commerce sales of ,503 billion in 2017 followed by UK that accounted for around 5 billion in e-commerce sales in 2017. France accounted for a total of 4 billion in e-commerce sales in 2017 and Italy generated 3 billion in e-commerce sales in 2017. Increasing e-commerce industry has led to an increase in the number of warehouses within the economies of the region. Various retailers and e-commerce giants have adopted automation in the warehouse facility to maximize efficiency and operability. This has increased the demand for ASRS in warehouses. An ASRS is a strategic warehouse solution that is widely used by organizations to gain competitive advantage. A full Report of European ASRS Market is Available at: https://www.omrglobal.com/industry-reports/india-protective-gloves-market The European ASRS market is segmented on the basis of type and industry. On the basis of type, the market is segmented into the unit load, mini load, vertical lift module (VLM), carousel, and auto store. Mini load ASRS handles totes, trays, and cartons rather than full pallets. Mini load ASRS is used considerably in retail, e-commerce and 3PL providers. Based on the industry, the market is automotive; chemical, metals & heavy machinery; food & beverages; healthcare; retail, third-party logistics (3PL), and e-commerce; and others such as aviation and manufacturing. Some of the key players operating in the European ASRS market include Kardex Group, KUKA AG, Daifuku Co. Ltd., KION Group AG, Honeywell International, Inc., and others. These players are contributing significantly towards the growth of the ASRS market in Europe. The strategies adopted by these players such as mergers and acquisitions, investment in R&D activities and product launch are estimated to have a positive impact on the growth of the ASRS market in the region. For instance, in August 2018, The Kardex Remstar introduced a new technology named Shuttle XP Vertical Lift Module (VLM), which can now be equipped with Access Ready Light Technology. This technology will improve product picking productivity and accuracy in logistics warehousing centers. Market Segmentation European ASRS Market by Type
European ASRS Market Industry
Regional Analysis
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