The US 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 10.2% during the forecast period. The growth of the market 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 country has made a considerable contribution to the growth of automation in several industries of the region.
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The US 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
US ASRS Market by Type
- Unit Load
- Mini Load
- Vertical Lift Module
- Carousel
- Auto Store
US ASRS Market Industry
- Automobile
- Chemical, Metals & Heavy Machinery
- Food & Beverages
- Healthcare
- Retail, Third-Party Logistics, and E-Commerce
- Others (Aviation, Manufacturing Industry)
Company Profiles
- Automation Logistics Corp.
- BEUMER Group
- Dearborn Mid-West Co. LLC
- Green Automated Solutions, Inc.
- Hänel Storage Systems
- Honeywell International, Inc.
- MECALUX Group
- Modula, Inc.
- Schaefer Systems International, Inc.
- The Raymond Corp.
- Westfalia Technologies, Inc.
The Report Covers
- Comprehensive research methodology of the US 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 US ASRS Market.
- Insights about market determinants which are stimulating the US 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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