The UK Automated Storage and Retrieval System (ASRS) Market is estimated to grow at a CAGR of over 9.5% during the forecast period. Well-developed e-commerce industry and growing industrial automation are driving the growth of the ASRS market in the country. An increase in the e-commerce industry increases the demand for warehouses which may lead to the adoption of ASRS in the warehouses’ facilities to increase efficiency. The growth of the e-commerce industry in the country can be attributed to the high penetration of the internet and smartphones. There exists a high penetration of the internet in the country; almost 95% of the country’s population uses the internet daily. Moreover, in 2018, UK ranked 7th out of 86 countries in the global inclusive internet index which depicts the easy affordability, availability, and relevance for internet users in the country. As per Eurostat 2018, over 81% of the total shoppers were e-shoppers in UK.
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The UK ASRS market is segmented on the basis of type and industry. On the basis of type, the market is segmented into the unit load, mini load, vertical lift module (VLM), carousel, and auto store. Mini load ASRS handles totes, trays, and cartons rather than full pallets. Mini load ASRS is used considerably in retail, e-commerce and 3PL providers. Based on the industry, the market is automotive; chemical, metals & heavy machinery; food & beverages; healthcare; retail, third-party logistics (3PL), and e-commerce; and others such as aviation and manufacturing.
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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
UK ASRS Market by Type
- Unit Load
- Mini Load
- Vertical Lift Module
- Carousel
- Auto Store
UK 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.
- Industore Ltd.
- Kardex Group
- Keymas Ltd.
- KION Group AG
- KNAPP AG
- KUKA AG
- System Logistics SpA
- TGW Logistics Group
The Report Covers
- Comprehensive research methodology of the UK 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 UK ASRS Market.
- Insights about market determinants which are stimulating the UK 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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