Urology Surgical Market: Industry Research Report 2018-2025 Automated Storage and Retrieval Systems Market | Page 2
Automated Storage and Retrieval Systems Market to 2025
Publication Month: May 2017| No. of Pages: 185 | Report Code:
TIPTE100000381 | Category: Electronics and Semiconductors
Introduction:
The global automated storage and retrieval systems market is estimated to grow at a CAGR of 8.7% during the
forecast period 2017 – 2025 and accounts for US$ 13,808.2 Mn in the year 2025.
Automated Storage and Retrieval System (ASRS) market comprises of the storage systems that on operator’s
commands are used for either storage or retrieval of products inside a warehouse for optimization and space
efficiency needs. The space efficiencies achieved coupled with the rising demands for strategically managed
SCM by various end-user industries especially retail, e-commerce and logistics are drastically creating
opportunities for implementations of such storage systems in the recent times. The space and cost savings
realized after implementations of automated storage and retrieval systems is reaping rich dividends for the users
of it and thus, encouraging investments from various corners for further up gradations in the technology.
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