Automated Storage and Retrieval System (ASRS) Market in LAMEA would register a CAGR of 10.7% during 2020-2026

16-Sep-2020 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new report LAMEA Automated Storage & Retrieval System (ASRS) Market, published by KBV research, the LAMEA Automated Storage and Retrieval System (ASRS) Market would witness market growth of 10.7% CAGR during the forecast period (2020-2026).

The Brazil market dominated the LAMEA Mid & Mini Load Automated Storage and Retrieval System (ASRS) Market by Country in 2019, growing at a CAGR of 8.9 % during the forecast period. The Argentina market would witness a CAGR of 10.7% during (2020 - 2026). Additionally, The UAE market is experiencing a CAGR of 9.7% during (2020 - 2026).

The Storage market dominated the Saudi Arabia Automated Storage and Retrieval System (ASRS) Market by Function in 2019, growing at a CAGR of 9.9 % during the forecast period. The Order Picking market would showcase a CAGR of 10.8% during (2020 - 2026). Additionally, The Assembly market is estimated to grow at a CAGR of 11.8% during (2020 - 2026).

The Automotive market dominated the South Africa Automated Storage and Retrieval System (ASRS) Market by End User in 2019, thereby, achieving a market value of $23.4 million by 2026. The Metals & Heavy Machinery market is exhibiting a CAGR of 10.2% during (2020 - 2026). The Food & Beverages market is witnessing a CAGR of 13.2% during (2020 - 2026). Additionally, The Retail & Ecommerce market is expected to witness a CAGR of 12.6% during (2020 - 2026).

Structural Insights: https://www.kbvresearch.com/lamea-automated-storage-retrieval-system-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Daifuku Co., Limited, Honeywell International, Inc., Kuka AG, Kion Group, Toyota Industries Corporation, BEUMER Group GmbH & Co. KG, Knapp AG, Murata Manufacturing Co., Ltd., Kardex AG, and TGW Logistics Group GmbH.