Automated Storage and Retrieval System (ASRS) Market in North America would register a CAGR of 9.1% during 2020-2026

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

Growth, Trends and Report Highlights

According to a new report North America Automated Storage & Retrieval System (ASRS) Market, published by KBV research, the North America Automated Storage and Retrieval System (ASRS) Market would witness market growth of 9.1% CAGR during the forecast period (2020-2026).

The US market dominated the North America Vertical Lift Module (VLM) Automated Storage and Retrieval System (ASRS) Market by Country in 2019, and would continue to be a dominant market till 2026. The Canada market is experiencing a CAGR of 12.4% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 11.5% during (2020 - 2026).

The Storage market dominated the Canada Automated Storage and Retrieval System (ASRS) Market by Function in 2019, growing at a CAGR of 10.4 % during the forecast period. The Order Picking market is exhibiting a CAGR of 11.3% during (2020 - 2026). Additionally, The Assembly market is expected to witness a CAGR of 12.4% during (2020 - 2026).

The Automotive market dominated the Mexico Automated Storage and Retrieval System (ASRS) Market by End User in 2019, growing at a CAGR of 8.4 % during the forecast period. The Metals & Heavy Machinery market is witnessing a CAGR of 9.3% during (2020 - 2026). The Food & Beverages market is estimated to grow at a CAGR of 12.4% during (2020 - 2026). Additionally, The Retail & Ecommerce market is anticipated to grow at CAGR of 11.8% during (2020 - 2026).

Report Structural Insights: https://www.kbvresearch.com/north-america-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.