The 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. North American ASRS Market research report reveals important insights into market scenario to enable key players in taking calculated decision making. Basically, one of the major purposes of market research reports is to maximize the business growth opportunities. It also helps key players to turn business into a successful business by increasing the profit level. The overall business goal can be accomplished through this North American ASRS Market study report as it consists of all the current happenings and major innovations of the marketplace. Depending on the overall business objective, it is important to reduce business risks to generate larger revenues in the business. Several regions are captured in this Market report which includes North America, Europe, Middle East, Africa, Latin America and Asia Pacific.
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Some of the key players operating in the North American ASRS market include The Raymond Corp, Schaefer Systems International, Inc., Kardex Group, and Honeywell International, Inc., among others. These are the major players that are contributing significantly towards the growth of the ASRS market in North America. Further, the strategies adopted by these players such as mergers and acquisitions, investment in R&D activities and product launch are also estimated to have a positive impact on the growth of the ASRS market in the region. For instance, in May 2018, Schaefer Systems International acquired INCAS, an Italian based company that provides industrial automation solutions for logistics and production monitoring and integrated software solutions. With this acquisition, the company enhanced the portfolio of warehouse automation and sustained a significant position in the market.
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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
North American ASRS Market by Type
- Unit Load
- Mini Load
- Vertical Lift Module
- Carousel
- Auto Store
North American ASRS Market Industry
- Automobile
- Chemical, Metals & Heavy Machinery
- Food & Beverages
- Healthcare
- Retail, Third-Party Logistics, and E-Commerce
- Others (Aviation, Manufacturing Industry)
Regional Analysis
- United States
- Canada
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 North American 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 North American ASRS Market.
- Insights about market determinants which are stimulating the North American 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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