Automated Storage & Retrieval Systems Market Report - PowerPoint PPT Presentation

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Automated Storage & Retrieval Systems Market Report


The global revenue generated by Automated Storage and Retrieval Systems in 2017 was $5.53billion, owing to growing need for automation in the supply chain industry, the market is estimated to grow at a CAGR of 6.55% throughout the forecast period 2018-2023. – PowerPoint PPT presentation

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Title: Automated Storage & Retrieval Systems Market Report

Automated Storage Retrieval System Market is
anticipated to hit 9.45 billion by 2023 at a
CAGR of 6.55. 
APAC holds the largest market share and growth in
the Automated Storage Retrieval System Market
and is anticipated to reach 3.36 billion by 2023
at a CAGR of 7.41. The growing demand for
industrialization in this region, combined with
increasing investment in industrial automation,
particularly in China, is set to spur the market.

Selected Regulatory Analysis Done in the Full
The AS/RS integrates various picking and routing
mechanisms. Thus, it is necessary to design right
systems for them. It involves an extensive
research process complying with the safety
standards for various industrial environments.
The standard specifications for the desired
system are created in this phase.
Selected Driving Factors Mentioned in the Full
  • The advent of warehouse robotics has also
    developed significant opportunity for the inflow
    of products in the global market. Leading MNCs in
    automotive, manufacturing, petrochemical and
    other industries are vigorously investing in low
    risk warehouse automation, in order to convert
    their traditional rack and shelving facilities
    into automated facilities.
  • With the growing demand for supply chain
    efficiency, automated storage systems have been
    gaining adoption in recent years.

Key Players of the Automated Storage Retrieval
Systems Market
  • Daifuku Co. Ltd
  • SSI Schaefer Group
  • Siemens
  • Knapp AG
  • Bosch Rexroth
  • 15

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