The China automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of 11.3% during the forecast period. The major factors that are driving the China ASRS market include the rising focus of the warehousing companies towards automation and the significant growth of e-commerce and retail industries in the country. China has rapidly positioned itself as a global leader in terms of automation. According to the International Federation of Robotics, the sale for industrial robots is expected to increase between 15% and 20% on average per year during 2018-2020.
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Key regions are discussed in this China ASRS Market report such as Europe, Middle East, Africa, North America, Latin America and Asia Pacific. It works as the most effective tool which businesses can make use of for developing the way it understands consumers and augment the potential for gains and growth. It is necessary for businesses of all sizes and benefits them completely. It helps to grow business forward. In order to get several benefits from product portfolio enlargement, it is essential to know more about latest market developments its entire scenario. This China ASRS Market report also helps business owners in knowing market size of major regions as well as market advancements.
China ASRS Market research report also involves discussing about major competitors and their future actions and such information is useful to invest in product launch and start any business. It has the potent to augment the product or service offerings. Competitive analysis covered here for the estimation period 2022-2028 greatly helps business participants to make a few vital actions required for the business expansion. China ASRS Market report also helps start ups by providing them best opportunities available in the market. It also helps them to make the best out of these opportunities.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
China ASRS Market by Type
- Unit Load
- Mini Load
- Vertical Lift Module
- Carousel
- Auto Store
China ASRS Market Industry
- Automobile
- Chemical, Metals & Heavy Machinery
- Food & Beverages
- Healthcare
- Retail, Third-Party Logistics, and E-Commerce
- Others (Aviation, Manufacturing Industry)
Company Profiles
- BEUMER Group
- Daifuku Co., Ltd.
- Honeywell International, Inc.
- IHI Corp.
- Kardex Group
- KION Group AG
- KNAPP AG
- KUKA AG
- Murata Machinery Ltd.
- Nanjing Huade Storage Equipment Co. Ltd.
- Qingdao Huichen Storage Equipment Co. Ltd.
- TGW Logistics Group
- Toyota Industries Corp.
The Report Covers
- Comprehensive research methodology of the China ASRS Market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the China ASRS Market.
- Insights about market determinants which are stimulating the China ASRS Market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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