This thorough market research study provides crucial information on the Automated Storage and Retrieval Systems Market Size, including competitive share analysis, geographical breakdowns, and global market size. It provides actionable data, new growth prospects, and important trends to help companies thrive in the sector.
Market Overview and Key Insights
The global automated storage and retrieval systems market size was valued at USD 8.63 billion in 2023 and is projected to grow from USD 9.08 billion in 2024 to USD 14.95 billion by 2032, exhibiting a CAGR of 6.4% during the forecast period. North America dominated the automated storage and retrieval systems market with a share of 39.04% in 2023.
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.
Request a free research sample to see how our insights can help expand your business: https://www.fortunebusinessinsights.com/enquiry/sample/109701
Major Players in the Automated Storage and Retrieval Systems Market
The Automated Storage and Retrieval Systems market is shaped by several leading companies that play a pivotal role in its growth and competitive landscape. These key players are committed to driving innovation, expanding their product offerings, and forming strategic partnerships to strengthen their presence in the market.
The leading players in the global Automated Storage and Retrieval Systems industry are:
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.)
In-Depth Market Evaluation and Analytical Frameworks
This report offers a thorough evaluation of the Automated Storage and Retrieval Systems market, delving into key factors such as:
-
Emerging trends
-
Growth drivers
-
Supply-demand dynamics
-
Annual growth rates
-
Pricing patterns
We utilize proven analytical frameworks, including:
-
Porter’s Five Forces
-
PESTLE Analysis
-
Value Chain Analysis
-
Market Attractiveness and Ecosystem Analyses
These methodologies provide a complete and insightful view of the market landscape, making the report an essential resource for stakeholders looking to make informed decisions.
Connect with Our Expert for any Queries: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/109701
Recent Industry Developments:
- 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.
Table of Contents:
Executive Summary
-
Overview of Key Findings
-
Market Highlights and Key Trends
Market Introduction
-
Definition and Scope of the Market
-
Market Segmentation Overview
Market Dynamics
-
Key Drivers and Restraints
-
Market Opportunities and Challenges
-
Market Trends and Forecast
Competitive Landscape
-
Major Players and Market Share Analysis
-
Competitive Strategies and Landscape
Market Segmentation Analysis
-
By Product Type
-
By Application
-
By Region
-
By End-User
Regional Analysis
-
North America
-
Europe
-
Asia Pacific
-
Latin America
-
Middle East & Africa
Market Forecast
-
Market Size and Growth Projections (2024-2032)
-
Revenue Estimates and Trends
Technological Developments
-
Innovations and Advancements in the Market
-
Impact of Technology on Market Growth
Market Challenges
-
Regulatory and Operational Barriers
-
Key Obstacles in Market Expansion
Investment Opportunities
-
Strategic Investment Areas
-
Recommended Growth Strategies
Conclusion
-
Key Insights and Summary
-
Future Outlook and Recommendations
Appendix
-
List of Abbreviations
-
Research Methodology
-
Additional Notes and References
TOC Continued…..!
Request Here for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/109701
FAQs: –
- What are the global market’s sales, production, consumption, imports, and exports (North America, Europe, Asia-Pacific, South America, the Middle East, and Africa).
- Who are the big manufacturers who dominate the global marketplace?
- What are their current capacity, production, sales, pricing, cost, gross, and revenue figures?
- What are the market’s dangers and opportunities?
About Us:
Fortune Business Insights™ offers precise corporate research and data, helping firms of all sizes make fast choices. We tailor innovative solutions to our clients’ needs, supporting them in tackling difficulties specific to their company. Our mission is to provide our clients with comprehensive market intelligence, which includes a thorough understanding of the market in which they operate.
To help firms achieve long-term growth, our studies mix tangible insights and qualitative analysis. Our expert analysts and consultants use industry-leading research tools and procedures to produce complete market assessments with relevant data.
Fortune Business Insights™ identifies the most lucrative development prospects for clients. As a result, we make tips to assist them navigate technology.
Address:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower,
Baner – Mahalunge Road, Baner,
Pune-411045, Maharashtra, India.
Phone:
US: +1 8339092966
UK: +44 8085020280
APAC: +91 744 740 1245
Email: [email protected]
Trending market report:
Facilities Management Market In-depth Industry Analysis and Forecast 2025-2032
Construction Equipment Market In-depth Industry Analysis and Forecast 2025-2032
Robotic Process Automation Market In-depth Industry Analysis and Forecast 2025-2032
Automated Guided Vehicle Market In-depth Industry Analysis and Forecast 2025-2032
Air Filters Market In-depth Industry Analysis and Forecast 2025-2032
Agriculture Equipment Market In-depth Industry Analysis and Forecast 2025-2032
Machine Tools Market In-depth Industry Analysis and Forecast 2025-2032
Air Compressor Market In-depth Industry Analysis and Forecast 2025-2032
Kiosks Market In-depth Industry Analysis and Forecast 2025-2032
Metal Cutting Machine Tools Market In-depth Industry Analysis and Forecast 2025-2032
ISO Containers Market In-depth Industry Analysis and Forecast 2025-2032
Autonomous Mobile Robots Market In-depth Industry Analysis and Forecast 2025-2032
Countertop Market In-depth Industry Analysis and Forecast 2025-2032
Heating, Ventilation, and Cooling System Market In-depth Industry Analysis and Forecast 2025-2032
Industrial Laundry Machine Market In-depth Industry Analysis and Forecast 2025-2032
Container Homes Market In-depth Industry Analysis and Forecast 2025-2032
Injection Molding Machine Market In-depth Industry Analysis and Forecast 2025-2032
Wearable Robotic Exoskeleton Market In-depth Industry Analysis and Forecast 2025-2032
Commerical Referigeration Equipment Market In-depth Industry Analysis and Forecast 2025-2032
Digital Textile Printing Market In-depth Industry Analysis and Forecast 2025-2032