Automated Storage and Retrieval System (ASRS) Market

Daifuku (Japan) and Kardex (Germany) are leading Players in the Automated Storage and Retrieval System (ASRS) Market

An automated storage and retrieval system (ASRS) is a device used in manufacturing plants, warehouses, and distribution centers for storing and retrieving loads from one storage location to another. An ASRS comprises various computer-controlled systems and equipment that are used to store and accurately retrieve materials in industries, such as automotive, chemicals, aviation, semiconductors & electronics, e-commerce, retail, food & beverages, healthcare, and metals & heavy machinery. ASRS offers a high degree of accuracy, efficiency, and high-throughput inventory management capabilities. The ASRS market is likely to reach USD 10.7 billion by 2025 from USD 7.3 billion in 2020, at a CAGR of 8.0% from 2020 to 2025

Daifuku (Japan), Kardex (Switzerland), Murata Machinery (Japan), SSI Schaefer (Germany), TGW Logistics (Austria), KION (Germany), KUKA (Germany), Toyota Industries (Japan), BEUMER (Germany), KNAPP (Austria), Mecalux (Spain), System Logistics (Italy), Automation Logistic (US), AutoCrib (US), Ferretto (Italy), Haenel Storage System (Germany), Honeywell Intelligrated (US), IHI (Japan), Invata Intralogistics (US), MIAS (Germany), Sencorpwhite (US), Stanley Black & Decker (US), Viastore Systems (US), Westfalia Technologies (US), and Witron (Germany) are the players in the ASRS market.

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Daifuku (Japan)

Daifuku is a major player in the ASRS market involved in designing and manufacturing innovative solutions in this market. The company focuses on its core material handling business by enhancing sales and production frameworks for its factory & distribution automation (FA&DA). The company adopts the strategy of partnerships and contracts to expand its presence across the world, which would help the company in expanding its customer base and increasing market share. Daifuku focuses majorly on introducing new products into the market with the help of its substantial R&D capabilities. This helps the company achieve the desired product differentiation.

Kardex (Germany)

Kardex offers intra-logistic solutions, automated storage solutions, and material handling systems.  Kardex Remstar develops and produces shuttles and dynamic storage and retrieval systems; Kardex Mlog provides integrated materials handling systems and automated highbay warehouses. Due to the outbreak of the COVID-19 pandemic, Kardex has made some of its patents free to use in the US and Europe to facilitate rapid restart of production activities. This will help the company keep its financial losses to the minimum.

Related Reports:

Automated Storage and Retrieval System (ASRS) Market with COVID-19 Impact Analysis by Type (Unit Load, Mini Load, VLM, Carousel, Mid Load), Function (Storage, Order Picking, Assembly, Distribution, Kitting), Industry, and Region- Global Forecast to 2025

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Report Code
SE 3360
RI Published ON
8/4/2020
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