Global Automated Storage and Retrieval Systems Industry Growth Analysis by Forecast Report With Size, Share & Major Key Players
The latest report from Fortunebusinessinsights titled Automated Storage and Retrieval Systems Market Analysis Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024, presents a comprehensive analysis of the industry. The report delves into Automated Storage and Retrieval Systems Market insights, competitor and regional analysis, and recent market advancements.
The report, which includes a full table of contents, figures, tables, and charts, provides an in-depth analysis of a market that has grown significantly in recent years. This expansion can be attributed to a variety of factors, including increased service demand, a larger customer base, and technological advances. The report delves deeply into the Automated Storage and Retrieval Systems Market, covering topics such as market size, trends, drivers and constraints, competitive landscape, and future growth opportunities.
The automated storage and retrieval systems market is expanding with the demand for efficient and precise material handling solutions. These systems, utilizing robotics and advanced control technologies, enhance warehouse operations and logistics by optimizing storage capacity and retrieval speed, supporting growth in e-commerce and manufacturing sectors.
The primary goal of this market research study is to thoroughly investigate the industry in order to gain insight into its economic potential. By providing a thorough understanding of the market’s past, present, and future aspects, the report enables clients to make informed resource allocation and strategic investment decisions.
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Geographically, the detailed analysis of consumption, revenue, Automated Storage and Retrieval Systems Market share, growth rate, etc. of the following regions:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
The Major Key Market Players Covered in this Report:
- Daifuku Co. Ltd (Japan)
- Murata Machinery Ltd (Japan)
- Kion Group (Dematic) (Germany)
- Vanderlande Industries (Netherlands)
- Knapp AG (Austria)
- Toyota Industries Corporation (Bastian Solutions) (Japan)
- KUKA AG (Swisslog Holdings) (Germany)
- TGW Logistics Corporation (Austria)
- Kardex Group (Switzerland)
- Honeywell International Inc (U.S.)
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Market Scenario:
To begin, the Automated Storage and Retrieval Systems Market research report provides an overview that covers definitions, applications, product or service launches, developments, challenges, and regions. The forecast indicates strong growth, fueled by increased consumption in various markets. The report also includes an analysis of current market trends and key characteristics.
Recent Key Industry Development:
- March 2024: Dematic, a subsidiary of Kion Group, signed a partnership agreement with PepsiCo, which deals in the convenience food and beverages sector. The basic aim of this agreement was to install AS/RS systems in the production and logistics center at Rojana, Thailand. This system has a capacity of storing 16,520 pallets. This system has advantages such as reducing the number of forklift trucks, reducing accidents, and reducing injuries to people.
- February 2024: Groupe Robert, based in Canada, signed a partnership with Dematic, a subsidiary of Kion Group. The partnership was established to open a new Quebec distribution center in North America. The facility is equipped with one of the tallest cranes, 130 feet for AS/RS systems, which support the fulfillment of frozen and fresh foods from highly controlled cold storage. These systems have a storage capacity of 60,000 pallets – 30,000 for fresh foods and 30,000 for frozen pallets.
- August 2023: Dematic, a subsidiary of Kion Group, signed a partnership with South West Healthcare, based in Victoria, U.S., that deals in providing healthcare-related services. The basic aim of the partnership was to bring automation to logistics operations. This system consists of installing an Autostore system to improve the healthcare product portfolio.
- August 2023: Dematic, a subsidiary of Kion Group, installed a new pallet buffer system for Vectura AS, based in Norway, which deals with logistics companies for alcoholic beverages. This system is installed over 700 square meters. This system can store 460 pallets per hour and retrieve 150 pallets per hour.
- June 2023: Vanderlande Industries provides Fastpick solutions to VF Corporation, based in Ontario, California, and deals in footwear, apparel, and accessories enterprise. This machine can ship 485,000 pallets every day. This machine can handle 10,500 parcel orders every hour.
Key Industrial Drives & Restraining Factors:
Key Drives:
- Increasing demand for efficient and automated warehousing solutions.
- Growth in e-commerce and retail industries driving need for fast order fulfillment.
- Technological advancements in robotics and AI for warehouse automation.
Restraining Factors:
- High installation and maintenance costs.
- Complexity in integrating with existing warehouse systems.
Objectives of the Report:
Conduct a thorough investigation to forecast the value and volume of the Automated Storage and Retrieval Systems Market.
Evaluate and project market shares for key segments in the Automated Storage and Retrieval Systems Market.
Illustrate the changing landscape of the Automated Storage and Retrieval Systems Market in various global regions.
Examine and analyze micro markets to determine their contributions to the Automated Storage and Retrieval Systems Market, as well as their potential and individual growth paths.
Provide precise and valuable insights into the factors influencing the rise of Automated Storage and Retrieval Systems Market.
Provide a detailed analysis of key business strategies used by major companies in the Automated Storage and Retrieval Systems Market, such as research and development (R&D), collaborations, agreements, partnerships, acquisitions, mergers, new product launches, and other strategic initiatives.
Market Overview:
The study focuses on the current state of the Automated Storage and Retrieval Systems Market. This study evaluates and validates market statistics such as CAGR, gross margin, revenue, price, production growth rate, volume, value, market share, and year-over-year growth. This comprehensive analysis of the Automated Storage and Retrieval Systems Market was conducted using cutting-edge primary and secondary research techniques. Leading firms’ profiles are determined by a variety of factors, including the markets they serve, their production, revenues, market shares, recent advancements, and gross profit margins. A section dedicated to market dynamics provides a thorough examination of the market’s drivers, limitations, opportunities, influencers, challenges, and trends.
𝗧𝗮𝗯𝗹𝗲 𝗼𝗳 𝗖𝗼𝗻𝘁𝗲𝗻𝘁:
Research Objectives and Assumptions
▪ Research Objectives
▪ Assumptions
▪ Abbreviations
Market Purview
▪ Report Description
– Market Definition and Scope
▪ Executive Summary
– Market Snippet, By Type
– Market Snippet, By Application
– Market Snippet, By Region
Market Dynamics, Regulations, and Trends Analysis
▪ Market Dynamics
– Drivers
– Restraints
– Market Opportunities
Continue…
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Conclusion
Understanding the complexities of the Automated Storage and Retrieval Systems market is critical for businesses and investors seeking opportunities in this dynamic field. Stakeholders can make well-informed decisions and maximize market potential by staying up to date on the latest trends, growth drivers, and challenges.
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