Report Highlights
Automated Storage and Retrieval System (ASRS) Market Size And Forecast
Automated Storage and Retrieval System (ASRS) Market was valued at USD 6.92 billion in 2019 and is projected to reach USD 11.78 billion by 2027, growing at a CAGR of 7.42% from 2020 to 2027.
Automated Storage and Retrieval System (ASRS) Market Outlook
The rise of new technologies such as mid load and pallet shuttle, Improvement in supply chain efficiency and productivity and enhanced productivity of employees have been driving the global automated storage and retrieval systems (ASRS) market. On the other hand, increasing the risk of equipment malfunction, a necessity for large capital investments and technical complexities for the operational procedures might hinder the overall growth at a global level.
Automated Storage and Retrieval System (ASRS) Market Competitive Landscape:
The “Global Automated Storage and Retrieval System (ASRS) Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Daifuku Co. Ltd., SSI Schaefer Group, Murata Machinery, Knapp AG, TGW Logistics Group GmbH, Kardex Group, Swisslog Holding AG, Mecalux SA, Vanderlande Industries, System Logistics Corporation, and Bastian Solution,.
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