Automated Storage and Retrieval System (ASRS) Market

Daifuku (Japan), Murata Machinery (Japan) and SSI Schaefer (Germany) are leading players in 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. The ASRS market is likely to witness significant growth in the coming future; key driving factors being the growing demand for ASRS in the e-commerce industry due to the onset of COVID-19; increasing demand in the automotive industry; the need for optimum utilization of space and rise in labor costs; The global ASRS market size is projected to grow from USD 7.8 billion in 2021 to USD 11.0 billion by 2026 at CAGR of 7.2% during the forecast period.

Daifuku (Japan), Kardex (Switzerland), Murata Machinery (Japan), SSI Schaefer (Germany), TGW Logistics (Austria), KION (Germany), KUKA (Germany) are some of the major players in ASRS market.

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Daifuku

Daifuku is involved in consulting, designing, manufacturing, planning and engineering, installation and operation, and after-sales services for logistics systems and material handling equipment. The company’s core businesses comprise factory & distribution automation (FA&DA), e-Factory automation (eFA), automotive factory automation (AFA), airport technologies (ATec), auto washing technologies (AWT), and electronics. The company mainly provides automated storage and retrieval system (ASRS) under the FA&DA business segment.

Murata Machinery

Murata Machinery is a leading manufacturer of machinery, ranging from industrial machines to office automation products. The company develops, manufactures, and sells products in logistics, automation, clean FA, machine tools, sheet metal machinery, textile machinery, communication equipment, control & sensing, and advanced technology categories. The company provides ASRS in its logistics & automation division. Besides ASRS, the division provides transportation systems, picking systems, sorting systems, and data management systems.

SSI Schaefer

SSI Schaefer has been recognized as among the worlds leading system integrators for all types of automated warehousing and distribution centers. It is a leading provider of intralogistics solutions and products. The company offers product categories such as storage, conveying & transport, picking, handling, and interlinked workstations. SSI Schaefer provides its ASRS products in the storage category. The company has its manufacturing facilities in the US, Mexico, Germany, Austria, Czech Republic, Malaysia, and China, and distribution centers across the world.

TGW Logistics

TGW Logistics is a material handling equipment supplier and automated storage and retrieval systems for warehousing, production, picking, and distribution. TGW Logistics is among the leading providers of highly dynamic, automated, and turnkey logistics solutions. The company engineers, produces, and installs material handling solutions in different sizes for various purposes, ranging from conveyor installation to complex distributions centers. The company serves industries such as apparel, grocery, general merchandise, e-commerce & omnichannel, spare parts & components, and 3PL.

Related Reports:

Automated Storage and Retrieval System (ASRS) Market with COVID-19 Impact Analysis by Type (Unit Load, Mini Load, VLM, Carousel, Mid Load), Industry, and Region (North America, Europe, APAC, RoW) - Global Forecast to 2026

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Report Code
SE 3360
RI Published ON
12/14/2021
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