Automated Storage and Retrieval System (ASRS) Market to 2025 – Global Analysis and Forecast by Types
Automated Storage and Retrieval System (ASRS) market is expected to grow from US$ US$ 7076.9 Mn in 2017 to US$ 13808.2 Mn by 2025 at a CAGR of 8.7% between 2017 and 2025.
(EMAILWIRE.COM, January 17, 2019 ) Pharmaceutical industry has been one of the highly regulated industries for 100% quality control compared to any other industry. Precision is one of the important aspects of any production activity. Extreme hygienic conditions are required in any pharmaceutical manufacturing process. ASRS solutions such as VLM offer dust-protection concept to safeguard these products to come in contact with any foreign particles.
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Key trends which will predominantly effect market in the coming years is automated storage and retrieval system market consolidation due to growing competition. Established players in the storage system arena are looking for integration of IoT and robotics to further grab better opportunities. Daifuku Co.Ltd., Kardex Group, Intelligrated and Interlake Mecalux are few of the major players in this market that provide solutions pertaining to automated storage and retrieval systems. The space and cost savings realized after implementations of automated storage and retrieval systems is reaping rich dividends for the users of it and thus, encouraging investments from various corners for further up gradations in the technology.
Automated Storage and Retrieval System market by end-user vertical is segmented into aerospace, automotive, electronics, e-commerce, retail, logistics, food & beverage, pharmaceutical, and others (agriculture, oil & gas, and construction). Several warehouses and industrial facilities are following a trend to install automated solutions to enhance their warehouse operations, worker safety and comfort as well as profits. Vertical lift module is one such automated storage and retrieval solution, which delivers benefits such as reduced labor costs, increased inventory control, space savings, accuracy & productivity, ergonomics, safety & protection and flexibility.
The overall automated storage and retrieval system market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the automated storage and retrieval system market.
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Reason To Buy
Highlights key business priorities in order to assist companies to realign their business strategies
Highlights key soil moisture sensor technologies thereby allowing organizations to gain revenues by focusing majorly on select products
The key findings and recommendations highlight crucial progressive industry trends in the soil moisture sensor market, thereby allowing players across the value chain to develop effective long term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as the hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Examine the current and future impact of the five forces namely: bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants, and degree of competition
Get sample PDF Copy at: http://bit.ly/2T1hYCA
Key trends which will predominantly effect market in the coming years is automated storage and retrieval system market consolidation due to growing competition. Established players in the storage system arena are looking for integration of IoT and robotics to further grab better opportunities. Daifuku Co.Ltd., Kardex Group, Intelligrated and Interlake Mecalux are few of the major players in this market that provide solutions pertaining to automated storage and retrieval systems. The space and cost savings realized after implementations of automated storage and retrieval systems is reaping rich dividends for the users of it and thus, encouraging investments from various corners for further up gradations in the technology.
Automated Storage and Retrieval System market by end-user vertical is segmented into aerospace, automotive, electronics, e-commerce, retail, logistics, food & beverage, pharmaceutical, and others (agriculture, oil & gas, and construction). Several warehouses and industrial facilities are following a trend to install automated solutions to enhance their warehouse operations, worker safety and comfort as well as profits. Vertical lift module is one such automated storage and retrieval solution, which delivers benefits such as reduced labor costs, increased inventory control, space savings, accuracy & productivity, ergonomics, safety & protection and flexibility.
The overall automated storage and retrieval system market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the automated storage and retrieval system market.
Buy Now This Report at: http://bit.ly/2SUMvBP
Reason To Buy
Highlights key business priorities in order to assist companies to realign their business strategies
Highlights key soil moisture sensor technologies thereby allowing organizations to gain revenues by focusing majorly on select products
The key findings and recommendations highlight crucial progressive industry trends in the soil moisture sensor market, thereby allowing players across the value chain to develop effective long term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as the hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Examine the current and future impact of the five forces namely: bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants, and degree of competition
Contact Information:
The Insight Partners
Sameer Joshi
Tel: +1-646-491-9876
Email us
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The Insight Partners
Sameer Joshi
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results