Automated Storage and Retrieval System (ASRS) Market

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Automated Storage and Retrieval System (ASRS)
Market Trends, Size, Share, Demands, Overview,
Growth, Revenue and Forecast to 2028
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Automated Storage and Retrieval System Market by
Type (Autostore, Carousel, Mid Load, Mini Load,
Unit Load, and Vertical Lift Module), Function
(Assembly, Distribution, Kitting, Order Picking,
Storage, and Others), Industry Vertical
(Aviation, Automotive, Chemicals, Retail
E-Commerce, Food Beverages, Healthcare
Pharmaceuticals, Metals Heavy Machinery,
Semiconductors Electronics, and Others), and
Region (North America, Europe, Asia-Pacific,
Middle East and Africa and South
America)

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Market Overview
Automated storage retrieval systems are
inventory management systems commonly used in
manufacturing centers, distribution facilities,
and warehouses. They consist of variety of
computer-controlled systems for automatically
placing and retrieving loads from one site to
another. These systems are used where high-volume
loads are to be moved from one location to
another, as they help provide quick, accurate,
reliable, and low-cost solutions. Maximized
storage capacity, increased warehouse efficiency,
lower energy consumption, less waste, and lower
maintenance costs, and potential lifespan of
2025 years are some of the factors that have
supported long-term expansion for Automated
Storage and Retrieval System (ASRS)
Market. Purchase this Report
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Key Findings
Automated Storage and Retrieval System (ASRS)
Market is segmented into industry vertical, type
and region. On the basis of Industry
Vertical Aviation Automotive Chemicals Retail
E-Commerce Food Beverages Others On the basis
of Type  Carousel Mid Load Mini Load Vertical
Lift Module
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Key Findings
The market is also divided into various regions
such as North America, Europe, Asia-Pacific,
South America, and Middle East and Africa. North
America is estimated to account for the largest
market share during the forecast period. Inquire
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Competitive Landscape

• Bastian Solutions, Inc.
• Beumer Group
• Daifuku Co., Ltd.
• Dematic
• Honeywell Intelligrated
• Kardex Group
• KNAPP AG
• Murata Machinery, Ltd.
• SSI Schaefer Group
• TGW Logistics Group.

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Recent Developments
In October 2020, Tencent-backed food delivery
service, Meituan-Dianping, introduced its
first-ever innovative AI retail store, MAI Shop,
within Beijing's Shougang Park. The store is
equipped with a combination of AI and robotics,
which are regularly seen in "New Retail" formats
across supermarkets, convenience stores, and more
in China. The combined technology brings an
unmanned delivery retail experience as Meituan
integrates a fully automated warehouse and
distribution to maximize its takeout delivery
capacity. In September 2020, in preparation for
the festive season, Amazon India had announced
the expansion of its sort center network. The
five new centers will be launched in
Vishakhapatnam, Farukhnagar, Bangalore, Mumbai,
and Ahmedabad. Amazon India uses technology and
automation in its sortation networks, such as
Auto Sorters and Sort Slides. Sort Slides will
ensure fast manual sortation of packages, and
Auto Sorters are entirely automated machines that
perform end-to-end sorting of packages. This
expanded and automated network is expected to
significantly increase the speed of transporting
packages for sellers and customers in the
country.
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Contact Information
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