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(IT-NEWSWIRE.COM, April 27, 2018 ) According to a new market research study titled ‘Automated Storage and Retrieval Systems (ASRS) Market to 2025 – Global Analysis and Forecasts by Types and End-user’, the global Automated Storage and Retrieval Systems (ASRS) market was valued at US$ 6,507.2 Mn in 2016 and is estimated to reach US$ 13,808.2 Mn by 2025. The report highlights the trends prevalent in the global Automated Storage and Retrieval Systems (ASRS) market and the factors driving the market along with those that act as deterrents to its growth.
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Key trends which will predominantly effect market in the coming years is automated storage and retrieval system market consolidation due to growing competition. Established players in the storage system arena are looking for integration of IoT and robotics to further grab better opportunities. Daifuku Co.Ltd., Kardex Group, Intelligrated and Interlake Mecalux are few of the major players in this market that provide solutions pertaining to automated storage and retrieval systems. The space and cost savings realized after implementations of automated storage and retrieval systems is reaping rich dividends for the users of it and thus, encouraging investments from various corners for further up gradations in the technology.
Industries nowadays are experiencing huge demands for automating storage and retrieving activities, which can further increase the batch processing speeds of consumer goods and various packaged products. Thus, many-folds increase in the productivity has been driving the adoptions of automated ASRS systems in the recent times.
The global automated storage and retrieval systems (ASRS) market has been segmented on the basis of type into unit load ASRS, mini load ASRS, carousals, vertical lift modules (VLM), and others. Additionally, this market is also segmented on the basis of end-users into automotive, electronics, food & beverage, e-commerce, aerospace, logistics, pharmaceuticals, retail, and others. Geographically, the global ASRS market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).
View Complete TOC with tables & Figures: http://www.theinsightpartners.com/reports/automated-storage-and-retrieval-system-market
The overall automated storage and retrieval system market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the automated storage and retrieval system market.
The report segments the global ASRS market as follows:
Global ASRS Market – By Types
Unit Load ASRS
Mini Load ASRS
Carousals
VLM
Others
Global ASRS Market – By End-user
Automotive
Electronics
Food & Beverage
E-commerce
Logistics
Pharmaceuticals
Retail
Others
Global ASRS Market – By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K.
Asia Pacific (APAC)
Japan
China
India
Australia
Middle East & Africa (MEA)
Saudi Arabia
South Africa
U.A.E.
South America (SAM)
Brazil
The Insight Partners
Sameer Joshi
+91 9666111581
sam@theinsightpartners.com
Source: EmailWire.Com 
Source: EmailWire.com
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