North American ASRS Market Size, Share | COVID-19 Impact Analysis | Forecast to 2027


Posted August 25, 2021 by danishahmed

The North American Automated Storage and Retrieval System (ASRS) Market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 10.1% during the forecast period.

 
The North American Automated Storage and Retrieval System (ASRS) Market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 10.1% during the forecast period. The growth is majorly driven by the increasing application of these systems in end-user industries such as retail, e-commerce, automobile, and healthcare industry among others. In addition, the well-established ICT infrastructure of the region has made a considerable contribution to the growth of automation in several industries of the region. Technologies such as ASRS has been increasingly adopted in various industries since it is a type of warehouse technology in which goods are automatically retrieved and returned to storage. This is typically achieved by combining the technology with Warehouse Execution Software (WES) that manages the process and assists warehouse staff while processing orders. 

The development of technological infrastructure in major economies of North America such as the US and Canada along with increasing automation in warehouses are making a considerable contribution towards the growth of the ASRS market in the region. Canada is anticipated to make a considerable contribution to market growth. The application of ASRS in the e-commerce and manufacturing industry is widely adopted and boosted the market growth in the country. The e-commerce industry in Canada has been flourishing due to rapid urbanization and cohesive government policies. With the increasing e-commerce industry, the demand for easy storage and retrieval of these products has also been increased in the country.

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The market study of the German automated storage and retrieval system (ASRS) market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include
Financial reports of companies involved in the market.
White papers, research-papers, and news blogs.
Company websites and their product catalog.

The report is intended for material handling solution providers, e-commerce companies, logistics solution providers, warehouse management service providers, 3PL providers, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis of the market size and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions. 


A Full Report of Global North American ASRS Market is Available at: https://www.omrglobal.com/industry-reports/north-american-asrs-market


Company Profiles
BEUMER Group
 Daifuku Co., Ltd.
 Honeywell International, Inc.
 Kardex Group
 KION Group AG
 KNAPP AG
 KUKA AG
 TGW Logistics Group
 Viastore Systems GmbH

Global North American ASRS Market- Segmentation
North American ASRS Market by Type
Unit Load
Mini Load
Vertical Lift Module
Carousel
Auto Store

North American ASRS Market Industry
Automobile
Chemical, Metals & Heavy Machinery
Food & Beverages
Healthcare
Retail, Third-Party Logistics, and E-Commerce
Others (Aviation, Manufacturing Industry)



Global North American ASRS Market - Segmentation
By Region 

North America 

United States
Canada


Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe


Asia-Pacific 

China
Japan
India
Rest of Asia-Pacific


Rest of the World

Middle East & Africa 
Latin America



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Last Updated August 25, 2021