Automated Storage and Retrieval System: Growing e-commerce industry bringing-in more automated storage solutions

1. Automated Storage and Retrieval System (ASRS) Market Automated Storage and Retrieval System (ASRS) Market to 2025 – Global Analysis and Forecast by Types (Unit Load ASRS, Mini Load ASRS, Vertical Lift Module, Carousels and Others), and End-users (Automotive, Food & Beverages, Electronics, E-Commerce, Aerospace, Logistics, Retail, Pharmaceuticals and Others)

2. Automated Storage and Retrieval System (ASRS) Market Current and future MarketScenario • According to the new research report published by The Insight Partners, titled “Automated Storage and Retrieval System (ASRS)Market - Global Analysis and Forecast to 2025”, the global Automated Storage and Retrieval System (ASRS)Market is expected to reach US$ 13.81 Bn in 2025, registering a CAGR of 8.7% during the forecast period 2017 to 2025. • By 2025, APAC is estimated to be the fastest growing region during the forecast period globally. • Automated storage and retrieval system (ASRS) is one of the foremost material handling systems, which is widely used in automated production environment and distribution centers. ASRS have been utilized not only as an advanced alternative in traditional warehouses but also as a part of advanced manufacturing systems. • ASRS plays an essential role in modern manufacturing plants for work-in-process storage and offer the benefits of improved inventory control and cost-effective utilization of time, space, and equipment. ASRS offers advantages related to improved inventory control and cost effective utilization of equipment, space and time. These advantages related to ASRS have fuelled the growth of the demand of ASRS systems over conventional storage and picking options.

3. Automated Storage and Retrieval System (ASRS) Market Factors Contributing to MarketGrowth • The emergence of online shopping and e-commerce is resulting in bolstering the market growth for ASRS as well as the increasing adoption of automated solutions in manufacturing industries, particularly in developing economies. Further this is driving the demand for ASRS solutions. • Many companies are investing in ASRS owing to the potential improvements related to accuracy, operational efficiency, and timely order fulfilment, thereby helping them to enhance customer retention rate and compete efficiently in the market. • The Automated storage and retrieval system (ASRS) market in Asia Pacific is expected to grow at a CAGR of 11.1% during the forecast period 2016 – 2025. Countries like Japan, India, China, Australia, Singapore, Taiwan and Indonesia have a plethora of manufacturing industries pertaining to diverse sector that includes electronics, food & beverage, chemicals, textile, automobiles and healthcare. • The manufacturing industry in the countries of Asia Pacific have experienced a huge shift over the years. The Asian manufacturing sector is known to rapidly adopt innovation accelerators that includes robotics along with the emerging cloud and mobility technologies.

4. Key Findings • Key findings of the study:  • Over the years, the manufacturing spending of the region has grown significantly and is further anticipated to grow at a highest estimated growth rate. Furthermore, Government policies such as Make-in-India, in India encourage the setup of manufacturing plants in fast developing countries. The encouragement of manufacturing sector is done by the Government with a view to make the country self-sufficient first and then export the surplus produce. • From a growth perspective India in Asia-Pacific region is anticipated to witness the most lucrative CAGR growth rate of 12.5% during the forecast period. • Unit load ASRS segment shared the maximum market revenue in 2016 market • Pharmaceutical segment is foreseen to create profitable business opportunities in Automated storage and retrieval system (ASRS) market during the forecast period. • Get sample PDF Brochure @ https://www.theinsightpartners.com/sample/TIPTE100000329/

5. Automated Storage and Retrieval System (ASRS) Market MarketSegments by Types (Unit Load ASRS, Mini Load ASRS, Vertical Lift Module, Carousels) End-users Automotive, Food & Beverages, Electronics, E-Commerce, Aerospace, Logistics, Retail, Pharmaceuticals Geography (North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America)

6. Automated Storage and Retrieval System (ASRS) Market DominatingSegments Asia Pacific Automated Storage and Retrieval System (ASRS) market region is expected to witness a CAGR growth rate of 11.1% in the coming years. Rapid digitization across the globe along with significantly high production rate, is pressurizing the organizations to rely more on machines for enhanced productivity and accuracy. In this era of automation, these automated and programmed machineries play a vital role in reducing the associated cost and time, and provide additional features of control, monitoring, and security. Supply chain is one of the key source of competitive advantage for companies that drive growth in their businesses. Supply chain systems have gained wider and vital importance in the last few years, as a result of high competition in the product based market. Automated Storage and Retrieval Systems support the operational flow of the supply chain at the initial stage. ASRS are applied in slow and medium moving order fulfillment and inventory management applications, ensuring increase in efficiencies. This factor is strengthening the growth of Automated Storage and Retrieval System (ASRS) market.

7. DominatingSegments • Growing e-commerce industry bringing-in more automated storage solutions • The development of e-commerce industry goes hand-in-hand with prosperity of the automated storage industry. Stocking of products sold by e-commerce sellers is stored in warehouses, and to reduce time for sorting and stocking of these products, ASRS seem to be the best tools. • The advent of automation into other industries including manufacturing, marketing, supply chain, and more have brought a revolutionary change in the way businesses are done. Each and every aspect is now being substituted by appropriate automation mechanism that provides an opportunity to increase its work efficiency and also productivity. • A spike on the demand side has forced businesses to move on to operations that take less time and increase efficiency. Also, the e-commerce industry is witnessing its peak periods and is one of the biggest users of the automated storage systems. Thus, with the growth of e-commerce in the coming years, the Automated Storage and Retrieval System (ASRS) market is anticipated to flourish.

8. Dominating Segments • Automated Storage and Retrieval System (ASRS) Market – Type InsightThe global Automated Storage and Retrieval System (ASRS) market by types is segmented into categories namely; Unit Load ASRS, Mini Load ASRS, Carousels, Vertical Lift Modules (VLM), and Others. Carousel storages could be vertical as well as horizontal. • All these storage systems fulfill the needs of various end-user industries for efficient storage purposes in the warehouses, and also their retrieval as and when needed by the customer saving on space, time, and costs. Vertical Lift Modules are the next generation automated systems mainly used in industrial applications for sorting, storage, and retrieval of items for an operator in a warehouse. • These systems play major roles in robotics; where these are used to guide the autonomous robots also known as ‘self-navigating robots’. Various industries such as electronics, automotive, aerospace, food & beverage, pharmaceuticals and electronics are pretty concerned about reducing labor intensive processes, increasing accuracy and speed for the task of storage and then retrieval of their products whenever required. Vertical Lift Modules can perform complex repetitive tasks with higher accuracy and consistency.

9. Dominating Segments The components for vertical lift modules include two vertical column of trays and an inserter/ extractor machine which are driven by a software to execute the storage or retrieval application. The modular design of VLM also allows access from multiple floors in the building. Major industry sectors generating demand for vertical lift modules are automotive, e-commerce, logistics, and pharmaceutical among others. Air condition or climate control functionality available in vertical lifts module is one of the major factors that is pushing the demand of VLM. VLM is the fastest growing Automated Storage and Retrieval System (ASRS) market segment and is expected to grow at a prestigious CAGR of 9.5% during the forecast period. Automated Storage and Retrieval System (ASRS) Market – Application InsightThe automated storage and retrieval systems find their applications in many industries. The major end-users for automated storage and retrieval systems automotive, food & beverage, electronics, retail, e-commerce, logistics, aerospace, pharmaceuticals and others.  Precision is one of the important aspects of any production activity. Extreme hygienic conditions are required in any pharmaceutical manufacturing process. ASRS such as VLMs offer dust-protection concept to safeguard these products to come in contact with any foreign particles.

10. Automated Storage and Retrieval System (ASRS) Market LeadingPlayers • Companies Mentioned • Bastian Solutions Inc. • Interlake Mecalux • Kardex Group • Daifuku Co. Ltd. • Intelligrated • Murata Machinery Ltd. • System Logistics Spa • SSI Schaefer Systems International • Swisslog Holding AG • Vanderland Industries B.V. • Dematic • Witron

11. REGIONAL FRAMEWORK REGIONAL FRAMEWORK

12. Automated Storage and Retrieval System (ASRS) Market

13. Automated Storage and Retrieval System (ASRS) Market Access Full Research Report at: https://www.theinsightpartners.com/reports/automated-storage-and-retrieval-system-market Thank You! Thank You!