The global parking management market is anticipated to grow at a CAGR of 7.28% during the forecast period (2023–2030). The market growth is attributed to the growing demand for Intelligent parking management system based on an Advanced RISC Machine (ARM) platform with wireless sensor networks. There is a considerable increase in the publication of several studies and […]
Category Archives: Automotive
The global automotive communication protocol market is expected to grow at a significant CAGR during the forecast period. The growth of the automotive communication protocols market is led by key trends such as the rising electrification of automobiles. Automotive communication protocols employ a serial data bus or wireless technology to send data between different electronic […]
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, […]
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 […]
North American 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 10.1% during the forecast period. The growth is majorly driven by the increasing application of these systems in end-user industries such as retail, e-commerce, automobile, and healthcare […]
Japan automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of 10.5% during the forecast period. The major factors that are driving the Chinese 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. The e-commerce […]
Indian automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of 12.7% during the forecast period. India is anticipated to showcase a considerable growth opportunity in the ASRS market during the forecast period. Adoption of various government policies to drive AI innovation such as digital India, and proliferation in various […]
German automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of over 10.0% during the forecast period. Germany is the fourth-largest economy globally and accounts for more than one-fifth of the European Union’s GDP as per the International Monetary Fund (IMF). Germany is the largest European trading partner of the […]
European Automated Storage and Retrieval System (ASRS) Market is estimated to grow at a CAGR of 9.9% during the forecast period. European ASRS market covers the analysis of major economies including UK, Germany, Italy, Spain, France, and the Rest of Europe. The growing e-commerce industry, cross-border e-commerce sales, and increasing industrial automation are the major factors […]
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 […]