Gratis Download: Comprehensive Overview - Exploring Key Insights into the Market for Automated Storage and Retrieval Systems (ASRS) Executive Summary, presenting a tactical outlook into the intelligence of the ASRS industry
The logistics and supply chain sector is gearing up for the future with a new market research report that provides forecasts and recommendations for technology investments and automation planning. The report, titled "Automated Storage and Retrieval Systems (ASRS) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020–2030," offers a comprehensive analysis of the ASRS market, a technology crucial to modern warehouse automation.
The report begins with an executive summary, designed to help organizations assess the relevance of the full study to their strategic goals. This free executive summary provides a high-level overview and table of contents for the full study.
The report delves into various ASRS system types, including unit-load and shuttle-based solutions. It covers key market trends, technology developments, and adoption drivers shaping the ASRS market. Rapid growth is being driven by e-commerce expansion, labor cost increases, and space constraints. Rising adoption of cube-based and robotic storage systems is another significant trend. The integration of AI, machine learning, and cloud-based control systems for improved inventory management is also a focus.
Demand for mobile robots, shuttle systems, and multi-aisle high-density storage is on the rise, as is a focus on cybersecurity due to OT-IT network convergence risks. Asia-Pacific is the fastest-growing regional market, driven by significant investments in robotics and labor shortages.
The report includes real-world use cases of ASRS systems and highlights leading vendors in the ASRS industry. The key players dominating the market with a combined share above 55% are Symbotic, AutoStore, Daifuku, SSI SCHAEFER, and Dematic. These vendors offer integrated hardware-software solutions and global service networks.
The ASRS market is projected to grow at a CAGR between approximately 7.9% and 10.49% to reach between USD 17 billion and over USD 33 billion by the mid-2020s to 2030. Technologies gaining fastest adoption include cube-based storage and robotic systems, growing at 12.1% CAGR for micro-fulfillment and omnichannel operations.
Cybersecurity is emerging as a critical concern with the rise in OT-IT connectivity, highlighted by a significant number of ransomware incidents targeting manufacturing operations in 2023. Additionally, focus on safety technologies such as interlocking solutions for safer and more efficient ASRS operation is increasing alongside sustainability goals emphasizing energy efficiency and footprint reduction.
The website has made a free executive summary available for this comprehensive market research report, providing valuable insights for logistics and supply chain leaders looking to stay ahead in the rapidly evolving ASRS market.
- The logistics and supply chain sector is seeking guidance for future technology investments and automation planning with the release of the "Automated Storage and Retrieval Systems (ASRS) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020–2030" report.
- The report offers an analysis of the ASRS market, a technology pivotal to modern warehouse automation, delving into various system types and key market trends.
- Rapid growth in the ASRS market is attributed to e-commerce expansion, labor cost increases, and space constraints, with a significant trend being the adoption of cube-based and robotic storage systems.
- The report provides insights into the fastest-growing regional market, Asia-Pacific, driven by investments in robotics and labor shortages, and identifies Symbolic, AutoStore, Daifuku, SSI SCHAEFER, and Dematic as key players in the ASRS industry.
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