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Automated Storage & Retrieval Systems Market Size is forecast to reach $10.7 billion by 2026, at a CAGR of 6.9% during 2021-2026.
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Automated Storage & Retrieval Systems MarketMarket size, Industry outlook, Market Forecast, Demand Analysis, Market Share, Market Report 2022-2027 Contact: VenkatReddy sales@industryarc.com (+1) 970-236-3677
DownloadPDF Brochure • Automated Storage & Retrieval Systems Market Size is forecast to reach $10.7 billion by 2026, at a CAGR of 6.9% during 2021-2026. The growth of the semiconductor and electronics industry has spurred the demand for automated storage & retrieval systems globally. • The growing wages will also result in a shift to automation in order to reduce the compensation provided to the workers and this further propels the market. Moreover, the automotive industry is showing growth mainly due to the high demand for electric vehicle and demand for automobile parts globally. The growing automation in this sector is set to spur automated storage market. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
DownloadPDF Brochure • Key Takeaways • Automated Storage & Retrieval Systems market in North America region held significant market share of 40% in 2020. Rise in adoption of big data technologies among organizations to enhance the consumer target marketing and risk management abilities is expected to boost the growth of the automated storage and retrieval system market. • E-Commerce sector in automated storage systems is expected to witness a highest CAGR of 9.37% the forecast period as the e-commerce companies are investing in systems that can efficiently handle a high volume of small, multiple item orders. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
DownloadPDF Brochure By Type- Segment Analysis The Vertical lift module (VLM) segment has held significant market share of 32.2% in the forecast period as it is designed to deliver stored items to the operator by eliminating walk and search time. In addition, this module also increases productivity up to 67% and saves up to 85% of the floor space. VLM is also integrated with pick-to-light technology to improve accuracy levels. Moreover, these systems can be used in collaboration with other material handling storage systems including conveyors, robotic work stations and Automated Guided Vehicles (AGV) to completely automate the facility. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
DownloadPDF Brochure • Automated Storage & Retrieval Systems MarketIndustry Outlook • Infineon Technologies AG • OmniVision Technologies Inc. • Sony Corporation • Microchip Technologies • Cognex Corporation • STMicrolectronics • Bass Software Ltd. • Qualcomm Inc. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
DownloadPDF Brochure Automated Storage & Retrieval Systems Market - Forecast(2022 - 2027) LearnMoreAbouttheReport @ https://bit.ly/3FNAEAx Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
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