MarketStudyReport.com adds “GLOBAL AUTOMATED STORAGE AND RETRIEVAL SYSTEMS MARKET BY PRODUCTS, INDUSTRY AND GEOGRAPHY – MARKET SHARES, FORECASTS AND TRENDS (2015 – 2020)”new report to its research database.
Businesses today have to tackle fierce global competition, shorter product life and swift changes in the market landscape. This has brought Automated Storage and Retrieval Systems (AS/RS) at the center stage. Saving the cost to the end-user is the major driver making the automated material handling and storage systems market to grow lucratively. The market for AS/RS is estimated to grow at a CAGR of 15.39% in order to cross the USD16.95 billion mark by the end of 2020 from the current estimate of USD8.29 billion.
AS/RS consists of a variety of computer-controlled systems for automatically placing and retrieving loads from storage locations. These systems are used where there is high volume of loads being moved from one location to another. These systems help in providing quicker, more accurate, reliable and low cost solutions to effectively track inventory and create that perfect order, meeting the customers' demand. These solutions are progressively adopted by industries such as Healthcare, Retail, Manufacturing, and Automotive.
The Global Automated Storage and Retrieval Systems has been segmented on the basis of their products: Unit Load AS/RS, Mini Load AS/RS, Carousel-type Storage & Retrieval Systems, Robotic AS/RS, and Others; by their applications: Energy, Transport/Logistics, Healthcare, Retail, Manufacturing and Others, and by the Geography: North America, Europe, Asia Pacific and rest of the world.
The report also considers key trends that will influence the industry and profiles of over 13 leading suppliers of automated material handling and storage systems. Some of the vendors manufacturing these solutions mentioned in the report are Dematic Group (Luxembourg), FlexLink AB (Sweden), Mecalux, S.A. (Spain), SSI Schaefer (Germany), Intelligrated (Ohio) and Bosch Rexroth (Germany).
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What the report offers
1. Market Definition for the Global Automated Storage and Retrieval Systems along with identification of key drivers and restraints for the market
2. The Market analysis for the Global Automated Storage and Retrieval Systems Market, with region specific assessments and competitive analysis on a global and regional scale
3. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a global and regional scale
4. Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares
5. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
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