DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Automated Storage and Retrieval Systems Market 2017-2021" report to their offering.
The analysts forecast the global automated storage and retrieval systems market to grow at a CAGR of 8.04% during the period 2017-2021.
Global Automated Storage and Retrieval Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in market is increased R&D spending and miniaturization of AMHE. Companies are spending on R&D for innovative solutions, M&A for new technology, and miniaturization of AMHE for convenience in factory and manufacturing plants.
The spending is expected to increase during the forecast period, mainly due to the competition among existing big vendors. This R&D spending will have a direct effect on ASRS as all automated machines are interrelated.
One driver in market is growing e-commerce industry. The global e-commerce industry is growing at a rate of more than 10% annually.
Top three markets in the e-commerce industry are China, India, and the U.S. In 2016; China was the biggest market and India registered highest growth rate. It is estimated that India will grow at a CAGR of more than 20% during the forecast period. In the US, e-commerce industry is growing at a high rate as compared with retail industry.
- SSI Schaefer
Other prominent vendors
- BEUMER Group
- Dearborn Mid-West Conveyor
- Fives Group
- KNAPP Logistics Automation
- Legris Industries
- Murata Machinery
TGW Logistics Group
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/jw6tcm/global_automated