Automated Storage And Retrieval Systems Market Size, Share, Opportunities, And Trends By Product Type (Unit Load, Mini Load, Horizontal Carousels, Vertical Carousels, Robotics AS/RS, Others), By Industry Verticals (Manufacturing, Healthcare, Chemical, Paper, Food And Beverage, Warehousing, Others), And By Geography - Forecasts From 2019 To 2024

Global Automated Storage and Retrieval Systems (AS/RS) Market is projected to expand at a CAGR of  7.25% over the forecast period to reach a total market size of US$23.012 billion by 2022. Automated storage and retrieval systems (AS/RS) store, handle, and retrieve raw materials and finished as well as intermediate goods with speed and accuracy. Growing online retailing worldwide, especially in emerging economies such as China, India, and Brazil owing to rising purchasing power and improvement in standard of living is one of the key factor driving the global AS/RS Market over the next six years.

Research Methodology

The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.

Market Dynamics

Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of automated storage and retrieval systems. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.

Segmentation

Thirdly, Global Automated Storage and Retrieval Systems market have been segmented by product type, industry vertical, and geography as below:

By Product Type

Unit Load

Mini Load

Horizontal Carousels

Vertical Carousels

Robotics AS/RS

Others

By Industry Vertical

Manufacturing

Healthcare

Chemical

Paper

Food and Beverage

Warehousing

Others

By Geography

Americas

North America

South America

Europe Middle East and Africa

Europe

Middle East and Africa

Asia Pacific

Market Players

Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Daifuku Co., Ltd., Swisslog Holding AG, Siemens AG, DEMATIC, and BEUMER Group among others.