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The Automated Storage and Retrieval System (ASRS) Plays an Important Role in Warehouse Automation and Distribution Centers
The automated storage and retrieval system (ASRS) plays an important role in warehouse automation and distribution centers by offering high accuracy, efficiency, and high throughput inventory management capabilities. The usage of automated storage and retrieval systems has started gaining popularity since the past decade owing to their various benefits such as high floor-space utilization, increased safety, and stock rotation. Also, the technological advancements in ASRS and the expanding presence of companies in developing regions have propelled the growth of the global ASRS market. In addition, the increased labor cost, accidents during product handling, and the advantage of real-time inventory and control are the factors driving the demand for ASRS in distribution centers.
To fulfill the growing demand for specific types of ASRS, companies manufacturing these systems are focusing on partnerships & contracts, mergers and acquisitions, expansions, and new product launches to achieve growth in this market. The key players in the market are Daifuku Co., Ltd. (Japan), Kardex Group (Switzerland), Vanderlande Industries B.V. (Netherlands), Swisslog Holding AG (Switzerland), Murata Machinery, Ltd. (Japan), Dematic GmbH & Co. Kg, (Germany), Mecalux S.A. (Spain), and SSI Schaefer Group (Germany).
Daifuku Co., Ltd (Japan) is a leading company in the ASRS system market and held the first position in 2015. The company has a huge product portfolio, serving the logistics system and material handling equipment, right from manufacturing to installation and operation and after-sales services. Material handling is the core business for Daifuku Co., Ltd, which comes under the Daifuku segment. Daifuku Co., Ltd is the worlds largest material handling equipment supplier of automated storage and retrieval systems. Daifuku Co., Ltd focuses on its ASRS business by enhancing the sales and production frameworks for manufacturing and distribution systems. The company adopted strategies such as acquiring players and extensive product launches. The company also focuses on catering to the changing needs of customers and adding value through new innovative technologies by offering a variety of solutions and launching new products. For instance, the company launched the eighth new product under the category of certified Daifuku Eco-Products, namely, mini-load ASRS, transport system, cleanroom transport/storage system, and clean-room overhead monorail system among others.
Schaefer Systems International, Inc. (Germany) held a major position in the ASRS market in 2015. The company focuses on organic growth strategies such as new product developments to expand its global presence and enhance its services portfolio. Schaefer Systems International, Inc. (Germany) also has a rich experience in software development. The company continues to introduce new products for the material handling industry, opening up new opportunities for its growth. For instance, Schaefer Systems International, Inc. (Germany) introduced software solutions for the intelligent packing and picking work stations, providing an insight into automated, robot-controlled case picking on the human machine interface. The company is expanding its client base and geographical presence by entering into contracts with various companies across different industries. In 2015, the company signed contracts with ZF Group (U.S.) to install a new automated warehouse solution and with Jewelry Television (U.S.) worth USD 42 million to upgrade the material handling system in its distribution center.
Automated Storage and Retrieval System (ASRS) Market by Type (Unit Load, Mini Load, VLM, Carousel, Autostore, & Mid load), Function (Assembly, Storage, Order picking, Kitting, & Distribution), Industry, and Geography - Global forecast to 2022
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