1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 DEFINITION 26
1.2.1 INCLUSIONS AND EXCLUSIONS 27
1.3 STUDY SCOPE 27
1.3.1 MARKETS COVERED 27
FIGURE 1 ASRS MARKET SEGMENTATION 27
1.3.2 YEARS CONSIDERED 28
1.4 CURRENCY 28
1.5 LIMITATIONS 28
1.6 STAKEHOLDERS 29

2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
FIGURE 2 ASRS MARKET: RESEARCH DESIGN 30
2.1.1 SECONDARY DATA 31
2.1.1.1 List of major secondary sources 31
2.1.1.2 Key data from secondary sources 32
2.1.2 PRIMARY DATA 32
2.1.2.1 Breakdown of primaries 32
2.1.2.2 Primary interviews with experts 33
2.1.2.3 Key data from primary sources 33
2.1.3 SECONDARY & PRIMARY RESEARCH 34
2.1.3.1 Key industry insights 35
2.2 MARKET SIZE ESTIMATION 35
2.2.1 BOTTOM-UP APPROACH 36
2.2.1.1 Approach for arriving at market share by bottom-up analysis
(demand side) 36
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 36
2.2.2 TOP-DOWN APPROACH 37
2.2.2.1 Approach for capturing market share by top-down analysis
(supply side) 37
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 37
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 38
FIGURE 5 DATA TRIANGULATION 38
2.4 RESEARCH ASSUMPTIONS 39

3 EXECUTIVE SUMMARY 40
FIGURE 6 IMPACT ANALYSIS OF COVID-19 ON ASRS MARKET 40
3.1 REALISTIC SCENARIO 41
3.2 PESSIMISTIC SCENARIO 41
3.3 OPTIMISTIC SCENARIO 41
FIGURE 7 UNIT LOAD TO HOLD LARGEST SIZE OF ASRS MARKET IN 2020 42
FIGURE 8 STORAGE FUNCTION TO HOLD LARGEST SHARE OF ASRS MARKET IN 2020 42
FIGURE 9 AUTOMOTIVE INDUSTRY TO HOLD LARGEST SIZE OF ASRS MARKET IN 2020 43
FIGURE 10 APAC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 44

4 PREMIUM INSIGHTS 45
4.1 ASRS MARKET, 2020–2025 (USD BILLION) 45
FIGURE 11 GROWTH IN E-COMMERCE INDUSTRY TO BOOST ASRS MARKET 45
4.2 ASRS MARKET, BY TYPE 45
FIGURE 12 UNIT LOAD ASRS TO ACCOUNT FOR LARGEST SHARE OF ASRS MARKET FROM 2020 TO 2025 45
4.3 ASRS MARKET, BY FUNCTION 46
FIGURE 13 STORAGE FUNCTION TO LEAD ASRS MARKET IN 2020 46
4.4 ASRS MARKET, BY INDUSTRY 46
FIGURE 14 AUTOMOTIVE INDUSTRY AND EUROPE TO HOLD LARGEST SHARE OF
OVERALL ASRS MARKET IN 2020, BY INDUSTRY AND REGION, RESPECTIVELY 46
4.5 ASRS MARKET, BY GEOGRAPHY 47
FIGURE 15 US ESTIMATED TO HOLD LARGEST SHARE OF ASRS MARKET IN 2020 47

5 MARKET OVERVIEW 48
5.1 INTRODUCTION 48
5.2 MARKET DYNAMICS 48
FIGURE 16 DROC: ASRS MARKET, 2019 48
5.2.1 DRIVERS 49
5.2.1.1 Growing demand for ASRSs in e-commerce due to onset of COVID-19 49
5.2.1.2 Increasing demand for ASRS in automotive industry 49
5.2.1.3 Optimum utilization of space and rise in labor costs 49
5.2.1.4 Improved accuracy, productivity, and efficiency in supply chain, along with better inventory control 50
FIGURE 17 DRIVERS FOR ASRS MARKET AND THEIR IMPACT 50
5.2.2 RESTRAINTS 51
5.2.2.1 Requirement for large initial investment 51
5.2.2.2 Unavailability of technical expertise and skilled workforce to handle system operations due to onset of COVID-19 51
FIGURE 18 RESTRAINTS FOR ASRS MARKET AND THEIR IMPACTS 51
5.2.3 OPPORTUNITIES 52
5.2.3.1 Growing demand for cold chain ASRS in APAC 52
FIGURE 19 OPPORTUNITIES FOR ASRS MARKET AND THEIR IMPACTS 52
5.2.4 CHALLENGES 52
5.2.4.1 Technical glitches halt operational processes and increase downtime 52
5.2.4.2 Providing flexible and scalable solutions 53
FIGURE 20 CHALLENGES FOR ASRS MARKET AND THEIR IMPACTS 53
5.3 VALUE CHAIN ANALYSIS 54
FIGURE 21 MAJOR VALUE ADDED DURING MANUFACTURING AND SYSTEM
INTEGRATING STAGES 54
5.4 IMPACT OF COVID-19 ON ASRS MARKET 55

6 ASRS MARKET, BY TYPE 56
6.1 INTRODUCTION 57
FIGURE 22 ASRS MARKET, BY TYPE 57
TABLE 1 ASRS MARKET, BY TYPE, 2016–2019 (USD MILLION) 57
TABLE 2 ASRS MARKET, BY TYPE, 2020–2025 (USD MILLION) 57
FIGURE 23 VLM TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 58
6.2 UNIT LOAD 58
6.2.1 UNIT LOAD ASRS TO HOLD LARGEST MARKET DURING FORECAST PERIOD 58
TABLE 3 UNIT LOAD ASRS MARKET, BY FUNCTION, 2016–2019 (USD MILLION) 59
TABLE 4 UNIT LOAD ASRS MARKET, BY FUNCTION, 2020–2025 (USD MILLION) 59
TABLE 5 UNIT LOAD ASRS MARKET, BY INDUSTRY, 2016–2019 (USD MILLION) 60
TABLE 6 UNIT LOAD ASRS MARKET, BY INDUSTRY, 2020–2025 (USD MILLION) 60
TABLE 7 UNIT LOAD ASRS MARKET, BY REGION, 2016–2019 (USD MILLION) 61
TABLE 8 UNIT LOAD ASRS MARKET, BY REGION, 2020–2025 (USD MILLION) 61
6.3 MINI LOAD 61
6.3.1 INCREASING DEMAND IN RETAIL INDUSTRY IS FUELLING DEMAND
FOR MINI LOAD ASRS 61
TABLE 9 MINI LOAD ASRS MARKET, BY FUNCTION, 2016–2019 (USD MILLION) 62
TABLE 10 MINI LOAD ASRS MARKET, BY FUNCTION, 2020–2025 (USD MILLION) 62
TABLE 11 MINI LOAD ASRS MARKET, BY INDUSTRY, 2016–2019 (USD MILLION) 63
TABLE 12 MINI LOAD ASRS MARKET, BY INDUSTRY, 2020–2025 (USD MILLION) 63
TABLE 13 MINI LOAD ASRS MARKET, BY REGION, 2016–2019(USD MILLION) 64
TABLE 14 MINI LOAD ASRS MARKET, BY REGION, 2020–2025(USD MILLION) 64
6.4 VERTICAL LIFT MODULE (VLM) 64
6.4.1 VLM SAVES UP TO 85% OF FLOOR SPACE 64
TABLE 15 VLM MARKET, BY FUNCTION, 2016–2019 (USD MILLION) 65
TABLE 16 VLM MARKET, BY FUNCTION, 2020–2025 (USD MILLION) 65
TABLE 17 VLM MARKET, BY INDUSTRY, 2016–2019 (USD MILLION) 66
TABLE 18 VLM MARKET, BY INDUSTRY, 2020–2025 (USD MILLION) 66
TABLE 19 VLM MARKET, BY REGION, 2016–2019 (USD MILLION) 67
TABLE 20 VLM MARKET, BY REGION, 2020–2025 (USD MILLION) 67
6.5 CAROUSEL 67
6.5.1 VERTICAL CAROUSEL 67
6.5.1.1 Optimized floor space offered by vertical carousels drives market 67
6.5.2 HORIZONTAL CAROUSEL 68
6.5.2.1 Fast ROI influences implementation of horizontal carousel 68
TABLE 21 CAROUSEL ASRS MARKET, BY FUNCTION, 2016–2019 (USD MILLION) 68
TABLE 22 CAROUSEL ASRS MARKET, BY FUNCTION, 2020–2025 (USD MILLION) 68
TABLE 23 CAROUSEL ASRS MARKET, BY INDUSTRY, 2016–2019 (USD MILLION) 69
TABLE 24 CAROUSEL ASRS MARKET, BY INDUSTRY, 2020–2025 (USD MILLION) 69
TABLE 25 CAROUSEL ASRS MARKET, BY REGION, 2016–2019 (USD MILLION) 70
TABLE 26 CAROUSEL ASRS MARKET, BY REGION, 2020–2025 (USD MILLION) 70
6.6 MID LOAD 70
6.6.1 MID LOAD ASRS HANDLES REQUIREMENTS OF BOTH MINI LOAD
AND UNIT LOAD ASRS 70
TABLE 27 MID LOAD ASRS MARKET, BY FUNCTION, 2016–2019 (USD MILLION) 71
TABLE 28 MID LOAD ASRS MARKET, BY FUNCTION, 2020–2025 (USD MILLION) 71
TABLE 29 MID LOAD ASRS MARKET, BY INDUSTRY, 2016–2019 (USD MILLION) 72
TABLE 30 MID LOAD ASRS MARKET, BY INDUSTRY, 2020–2025 (USD MILLION) 72
TABLE 31 MID LOAD ASRS MARKET, BY REGION, 2016–2019 (USD MILLION) 73
TABLE 32 MID LOAD ASRS MARKET, BY REGION, 2020–2025 (USD MILLION) 73

7 ASRS MARKET, BY FUNCTION 74
7.1 INTRODUCTION 75
FIGURE 24 ASRS MARKET, BY FUNCTION 75
TABLE 33 ASRS MARKET, BY FUNCTION, 2016–2019 (USD MILLION) 75
TABLE 34 ASRS MARKET, BY FUNCTION, 2020–2025 (USD MILLION) 75
FIGURE 25 STORAGE TO LEAD ASRS MARKET FROM 2020 TO 2025 76
7.2 STORAGE 76
7.2.1 STORAGE TO HOLD LARGEST SHARE OF ASRS MARKET DURING
FORECAST PERIOD 76
TABLE 35 ASRS MARKET FOR STORAGE, BY TYPE, 2016–2019 (USD MILLION) 77
TABLE 36 ASRS MARKET FOR STORAGE, BY TYPE, 2020–2025 (USD MILLION) 77
TABLE 37 ASRS MARKET FOR STORAGE, BY INDUSTRY, 2016–2019 (USD MILLION) 78
TABLE 38 ASRS MARKET FOR STORAGE, BY INDUSTRY, 2020–2025 (USD MILLION) 78
7.3 ORDER PICKING 79
7.3.1 ORDER PICKING TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 79
TABLE 39 ASRS MARKET FOR ORDER PICKING, BY TYPE, 2016–2019 (USD MILLION) 79
TABLE 40 ASRS MARKET FOR ORDER PICKING, BY TYPE, 2020–2025 (USD MILLION) 79
TABLE 41 ASRS MARKET FOR ORDER PICKING, BY INDUSTRY,
2016–2019 (USD MILLION) 80
TABLE 42 ASRS MARKET FOR ORDER PICKING, BY INDUSTRY,
2020–2025 (USD MILLION) 80
7.4 DISTRIBUTION 81
7.4.1 HIGH LABOR COST TO MANAGE INVENTORY DRIVES ASRS
MARKET FOR DISTRIBUTION 81
TABLE 43 ASRS MARKET FOR DISTRIBUTION, BY TYPE, 2016–2019 (USD MILLION) 81
TABLE 44 ASRS MARKET FOR DISTRIBUTION, BY TYPE, 2020–2025 (USD MILLION) 81
TABLE 45 ASRS MARKET FOR DISTRIBUTION, BY INDUSTRY,
2016–2019 (USD MILLION) 82
TABLE 46 ASRS MARKET FOR DISTRIBUTION, BY INDUSTRY,
2020–2025 (USD MILLION) 82
7.5 ASSEMBLY 83
7.5.1 USE OF ASRS IN ASSEMBLY IMPROVES ACCURACY AND REDUCES TIME 83
TABLE 47 ASRS MARKET FOR ASSEMBLY, BY TYPE, 2016–2019 (USD MILLION) 83
TABLE 48 ASRS MARKET FOR ASSEMBLY, BY TYPE, 2020–2025 (USD MILLION) 83
TABLE 49 ASRS MARKET FOR ASSEMBLY, BY INDUSTRY, 2016–2019 (USD MILLION) 84
TABLE 50 ASRS MARKET FOR ASSEMBLY, BY INDUSTRY, 2020–2025 (USD MILLION) 84
7.6 KITTING 85
7.6.1 ASRS OFFERS BETTER EFFICIENCY AND COST SAVING FOR KITTING 85
TABLE 51 ASRS MARKET FOR KITTING, BY TYPE, 2016–2019 (USD MILLION) 85
TABLE 52 ASRS MARKET FOR KITTING, BY TYPE, 2020–2025 (USD MILLION) 85
TABLE 53 ASRS MARKET FOR KITTING, BY INDUSTRY, 2016–2019 (USD MILLION) 86
TABLE 54 ASRS MARKET FOR KITTING, BY INDUSTRY, 2020–2025 (USD MILLION) 86
7.7 OTHERS 87
TABLE 55 ASRS MARKET FOR OTHERS, BY TYPE, 2016–2019 (USD MILLION) 87
TABLE 56 ASRS MARKET FOR OTHERS, BY TYPE, 2020–2025 (USD MILLION) 87
TABLE 57 ASRS MARKET FOR OTHERS, BY INDUSTRY, 2016–2019 (USD MILLION) 88
TABLE 58 ASRS MARKET FOR OTHERS, BY INDUSTRY, 2020–2025 (USD MILLION) 88

8 ASRS MARKET, BY INDUSTRY 89
8.1 INTRODUCTION 90
FIGURE 26 ASRS MARKET, BY INDUSTRY 90
TABLE 59 ASRS MARKET, BY INDUSTRY, 2016–2019 (USD MILLION) 90
TABLE 60 ASRS MARKET, BY INDUSTRY, 2020–2025 (USD MILLION) 91
FIGURE 27 AUTOMOTIVE INDUSTRY TO CONTINUE TO LEAD ASRS MARKET DURING FORECAST PERIOD 91
8.2 IMPACT OF COVID-19 ON INDUSTRIES USING ASRS 92
8.3 AUTOMOTIVE 92
8.3.1 AUTOMOTIVE TO HOLD LARGEST SIZE OF ASRS MARKET 92
TABLE 61 ASRS MARKET FOR AUTOMOTIVE, BY TYPE, 2016–2019 (USD MILLION) 93
TABLE 62 ASRS MARKET FOR AUTOMOTIVE, BY TYPE, 2020–2025 (USD MILLION) 93
TABLE 63 ASRS MARKET FOR AUTOMOTIVE, BY FUNCTION, 2016–2019 (USD MILLION) 93
TABLE 64 ASRS MARKET FOR AUTOMOTIVE, BY FUNCTION, 2020–2025 (USD MILLION) 94
TABLE 65 ASRS MARKET FOR AUTOMOTIVE, BY REGION, 2016–2019 (USD MILLION) 94
TABLE 66 ASRS MARKET FOR AUTOMOTIVE, BY REGION, 2020–2025 (USD MILLION) 94
8.4 METALS & HEAVY MACHINERY 95
8.4.1 HEAVY WEIGHT OF PRODUCTS DRIVING DEMAND FOR ASRS IN
METALS AND HEAVY MACHINERY 95
TABLE 67 ASRS MARKET FOR METALS & HEAVY MACHINERY, BY TYPE,
2016–2019 (USD MILLION) 95
TABLE 68 ASRS MARKET FOR METALS & HEAVY MACHINERY, BY TYPE,
2020–2025 (USD MILLION) 95
TABLE 69 ASRS MARKET FOR METALS & HEAVY MACHINERY, BY FUNCTION,
2016–2019 (USD MILLION) 96
TABLE 70 ASRS MARKET FOR METALS & HEAVY MACHINERY, BY FUNCTION,
2020–2025 (USD MILLION) 96
TABLE 71 ASRS MARKET FOR METALS & HEAVY MACHINERY, BY REGION,
2016–2019 (USD MILLION) 96
TABLE 72 ASRS MARKET FOR METALS & HEAVY MACHINERY, BY REGION,
2020–2025 (USD MILLION) 97
8.5 FOOD & BEVERAGES 97
8.5.1 INCREASING NEED FOR FAST AND EFFICIENT SUPPLY OF FOOD FUELS DEMAND FOR ASRS 97
TABLE 73 ASRS MARKET FOR FOOD & BEVERAGES, BY TYPE,
2016–2019 (USD MILLION) 98
TABLE 74 ASRS MARKET FOR FOOD & BEVERAGES, BY TYPE,
2020–2025 (USD MILLION) 98
TABLE 75 ASRS MARKET FOR FOOD & BEVERAGES, BY FUNCTION,
2016–2019 (USD MILLION) 98
TABLE 76 ASRS MARKET FOR FOOD & BEVERAGES, BY FUNCTION,
2020–2025 (USD MILLION) 99
TABLE 77 ASRS MARKET FOR FOOD & BEVERAGES, BY REGION,
2016–2019 (USD MILLION) 99
TABLE 78 ASRS MARKET FOR FOOD & BEVERAGES, BY REGION,
2020–2025 (USD MILLION) 99
8.6 CHEMICALS 100
8.6.1 DIGITIZATION IN CHEMICALS INDUSTRY TO DRIVE DEMAND FOR ASRS 100
TABLE 79 ASRS MARKET FOR CHEMICALS, BY TYPE, 2016–2019 (USD MILLION) 100
TABLE 80 ASRS MARKET FOR CHEMICALS, BY TYPE, 2020–2025 (USD MILLION) 101
TABLE 81 ASRS MARKET FOR CHEMICALS, BY FUNCTION, 2016–2019 (USD MILLION) 101
TABLE 82 ASRS MARKET FOR CHEMICALS, BY FUNCTION, 2020–2025 (USD MILLION) 101
TABLE 83 ASRS MARKET FOR CHEMICALS, BY REGION, 2016–2019 (USD MILLION) 102
TABLE 84 ASRS MARKET FOR CHEMICALS, BY REGION, 2020–2025 (USD MILLION) 102
8.7 HEALTHCARE 102
8.7.1 DEVELOPMENT IN AI SUPPORTS ASRS MARKET GROWTH 102
TABLE 85 ASRS MARKET FOR HEALTHCARE, BY TYPE, 2016–2019 (USD MILLION) 103
TABLE 86 ASRS MARKET FOR HEALTHCARE, BY TYPE, 2020–2025 (USD MILLION) 103
TABLE 87 ASRS MARKET FOR HEALTHCARE, BY FUNCTION, 2016–2019 (USD MILLION) 103
TABLE 88 ASRS MARKET FOR HEALTHCARE, BY FUNCTION, 2020–2025 (USD MILLION) 104
TABLE 89 ASRS MARKET FOR HEALTHCARE, BY REGION, 2016–2019 (USD MILLION) 104
TABLE 90 ASRS MARKET FOR HEALTHCARE, BY REGION, 2020–2025 (USD MILLION) 104
8.8 SEMICONDUCTOR & ELECTRONICS 105
8.8.1 NEED FOR JUST-IN-TIME DELIVERY OF PRODUCTS SUPPORTS ASRS GROWTH 105
TABLE 91 ASRS MARKET FOR SEMICONDUCTOR & ELECTRONICS, BY TYPE,
2016–2019 (USD MILLION) 105
TABLE 92 ASRS MARKET FOR SEMICONDUCTOR & ELECTRONICS, BY TYPE,
2020–2025 (USD MILLION) 106
TABLE 93 ASRS MARKET FOR SEMICONDUCTOR & ELECTRONICS, BY FUNCTION, 2016–2019 (USD MILLION) 106
TABLE 94 ASRS MARKET FOR SEMICONDUCTOR & ELECTRONICS, BY FUNCTION, 2020–2025 (USD MILLION) 107
TABLE 95 ASRS MARKET FOR SEMICONDUCTOR & ELECTRONICS, BY REGION,
2016–2019 (USD MILLION) 107
TABLE 96 ASRS MARKET FOR SEMICONDUCTOR & ELECTRONICS, BY REGION,
2020–2025 (USD MILLION) 107
8.9 RETAIL 108
8.9.1 ASRS MARKET IN RETAIL TO GROW AT HIGHEST RATE 108
TABLE 97 ASRS MARKET FOR RETAIL, BY TYPE, 2016–2019 (USD MILLION) 108
TABLE 98 ASRS MARKET FOR RETAIL, BY TYPE, 2020–2025 (USD MILLION) 109
TABLE 99 ASRS MARKET FOR RETAIL, BY FUNCTION, 2016–2019 (USD MILLION) 109
TABLE 100 ASRS MARKET FOR RETAIL, BY FUNCTION, 2020–2025 (USD MILLION) 109
TABLE 101 ASRS MARKET FOR RETAIL, BY REGION, 2016–2019 (USD MILLION) 110
TABLE 102 ASRS MARKET FOR RETAIL, BY REGION, 2020–2025 (USD MILLION) 110
8.10 AVIATION 110
8.10.1 INCREASING AIRLINE PASSENGERS FUELLING DEMAND FOR ASRS IN AIRCRAFT MANUFACTURING 110
TABLE 103 ASRS MARKET FOR AVIATION, BY TYPE, 2016–2019 (USD MILLION) 111
TABLE 104 ASRS MARKET FOR AVIATION, BY TYPE, 2020–2025 (USD MILLION) 111
TABLE 105 ASRS MARKET FOR AVIATION, BY FUNCTION, 2016–2019 (USD MILLION) 111
TABLE 106 ASRS MARKET FOR AVIATION, BY FUNCTION, 2020–2025 (USD MILLION) 112
TABLE 107 ASRS MARKET FOR AVIATION, BY REGION, 2016–2019 (USD MILLION) 112
TABLE 108 ASRS MARKET FOR AVIATION, BY REGION, 2020–2025 (USD MILLION) 112
8.11 E-COMMERCE 113
8.11.1 SHORTEST DELIVERY TIME OF PRODUCTS DRIVES ASRS MARKET IN
E-COMMERCE 113
TABLE 109 ASRS MARKET FOR E-COMMERCE, BY TYPE, 2016–2019 (USD MILLION) 113
TABLE 110 ASRS MARKET FOR E-COMMERCE, BY TYPE, 2020–2025 (USD MILLION) 113
TABLE 111 ASRS MARKET FOR E-COMMERCE, BY FUNCTION,
2016–2019 (USD MILLION) 114
TABLE 112 ASRS MARKET FOR E-COMMERCE, BY FUNCTION,
2020–2025 (USD MILLION) 114
TABLE 113 ASRS MARKET FOR E-COMMERCE, BY REGION, 2016–2019 (USD MILLION) 114
TABLE 114 ASRS MARKET FOR E-COMMERCE, BY REGION, 2020–2025 (USD MILLION) 115
8.12 OTHERS 115
8.12.1 HIGH COMPETITION TO FUEL DEMAND FOR ASRS IN TEXTILE INDUSTRY 115
TABLE 115 ASRS MARKET FOR OTHERS, BY TYPE, 2016–2019 (USD MILLION) 115
TABLE 116 ASRS MARKET FOR OTHERS, BY TYPE, 2020–2025 (USD MILLION) 116
TABLE 117 ASRS MARKET FOR OTHERS, BY FUNCTION, 2016–2019 (USD MILLION) 116
TABLE 118 ASRS MARKET FOR OTHERS, BY FUNCTION, 2020–2025 (USD MILLION) 116
TABLE 119 ASRS MARKET FOR OTHERS, BY REGION, 2016–2019 (USD MILLION) 117
TABLE 120 ASRS MARKET FOR OTHERS, BY REGION, 2020–2025 (USD MILLION) 117

9 GEOGRAPHIC ANALYSIS 118
9.1 INTRODUCTION 119
FIGURE 28 ASRS MARKET IN CHINA TO GROW AT HIGHEST CAGR DURING
FORECAST PERIOD 119
TABLE 121 ASRS MARKET, BY REGION,2016–2019 (USD MILLION) 119
TABLE 122 ASRS MARKET, BY REGION,2020–2025 (USD MILLION) 120
9.2 IMPACT OF COVID-19 ON REGIONS 120
9.3 NORTH AMERICA 121
FIGURE 29 NORTH AMERICA: SNAPSHOT OF ASRS MARKET 121
9.3.1 US 122
9.3.1.1 US to lead ASRS market in North America during forecast period 122
9.3.2 CANADA 122
9.3.2.1 Automotive in Canada to aid ASRS market growth 122
9.3.3 MEXICO 122
9.3.3.1 ASRS market in Mexico to grow at highest rate 122
TABLE 123 ASRS MARKET IN NORTH AMERICA, BY COUNTRY,
2016–2019 (USD MILLION) 123
TABLE 124 ASRS MARKET IN NORTH AMERICA, BY COUNTRY,
2020–2025 (USD MILLION) 123
TABLE 125 ASRS MARKET IN NORTH AMERICA, BY TYPE, 2016–2019 (USD MILLION) 123
TABLE 126 ASRS MARKET IN NORTH AMERICA, BY TYPE, 2020–2025 (USD MILLION) 124
TABLE 127 ASRS MARKET IN NORTH AMERICA, BY INDUSTRY,
2016–2019 (USD MILLION) 124
TABLE 128 ASRS MARKET IN NORTH AMERICA, BY INDUSTRY,
2020–2025 (USD MILLION) 125
9.4 EUROPE 125
FIGURE 30 EUROPE: SNAPSHOT OF ASRS MARKET 126
9.4.1 GERMANY 126
9.4.1.1 Germany to hold largest size of ASRS market in Europe 126
9.4.2 UK 127
9.4.2.1 Automotive industry in UK to fuel ASRS market 127
9.4.3 FRANCE 127
9.4.3.1 ASRS market in France to grow at highest rate during forecast period 127
9.4.4 REST OF EUROPE 127
9.4.4.1 Increasing manufacturing facilities to drive adoption of ASRS 127
TABLE 129 ASRS MARKET IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION) 128
TABLE 130 ASRS MARKET IN EUROPE, BY COUNTRY, 2020–2025 (USD MILLION) 128
TABLE 131 ASRS MARKET IN EUROPE, BY TYPE, 2016–2019 (USD MILLION) 128
TABLE 132 ASRS MARKET IN EUROPE, BY TYPE, 2020–2025 (USD MILLION) 129
TABLE 133 ASRS MARKET IN EUROPE, BY INDUSTRY, 2016–2019 (USD MILLION) 129
TABLE 134 ASRS MARKET IN EUROPE, BY INDUSTRY, 2020–2025 (USD MILLION) 130
9.5 APAC 131
FIGURE 31 APAC: SNAPSHOT OF ASRS MARKET 131
9.5.1 CHINA 132
9.5.1.1 China to hold largest size of ASRS market in APAC 132
9.5.2 JAPAN 132
9.5.2.1 Technological advancements in Japan to support ASRS market growth 132
9.5.3 AUSTRALIA 132
9.5.3.1 Healthcare industry of Australia to support growth of ASRS market 132
9.5.4 REST OF APAC 132
9.5.4.1 Developing manufacturing sector to support growth of ASRS market 132
TABLE 135 ASRS MARKET IN APAC, BY COUNTRY, 2016–2019 (USD MILLION) 133
TABLE 136 ASRS MARKET IN APAC, BY COUNTRY, 2020–2025 (USD MILLION) 133
TABLE 137 ASRS MARKET IN APAC, BY TYPE, 2016–2019 (USD MILLION) 133
TABLE 138 ASRS MARKET IN APAC, BY TYPE, 2020–2025 (USD MILLION) 134
TABLE 139 ASRS MARKET IN APAC, BY INDUSTRY, 2016–2019 (USD MILLION) 134
TABLE 140 ASRS MARKET IN APAC, BY INDUSTRY, 2020–2025 (USD MILLION) 135
9.6 ROW 136
FIGURE 32 ROW: SNAPSHOT OF ASRS MARKET 136
9.6.1 SOUTH AMERICA 136
9.6.1.1 South America to lead ASRS market in RoW 136
9.6.2 MIDDLE EAST 136
9.6.2.1 ASRS market in Middle East to grow at highest rate 136
9.6.3 AFRICA 137
9.6.3.1 Increasing warehouse automation to support ASRS market growth 137
TABLE 141 ASRS MARKET IN ROW, BY REGION, 2016–2019 (USD MILLION) 137
TABLE 142 ASRS MARKET IN ROW, BY REGION, 2020–2025 (USD MILLION) 137
TABLE 143 ASRS MARKET IN ROW, BY TYPE, 2016–2019 (USD MILLION) 137
TABLE 144 ASRS MARKET IN ROW, BY TYPE, 2020–2025 (USD MILLION) 138
TABLE 145 ASRS MARKET IN ROW, BY INDUSTRY, 2016–2019 (USD MILLION) 138
TABLE 146 ASRS MARKET IN ROW, BY INDUSTRY, 2020–2025 (USD MILLION) 139

10 COMPETITIVE LANDSCAPE 140
10.1 OVERVIEW 140
FIGURE 33 CONTRACTS AND COLLABORATIONS EMERGED AS KEY GROWTH STRATEGIES ADOPTED BY PLAYERS IN ASRS MARKET FROM 2017 TO 2020 140
10.2 RANKING OF PLAYERS IN ASRS MARKET 141
FIGURE 34 RANKING OF TOP 5 PLAYERS IN ASRS MARKET, 2019 141
10.3 COMPETITIVE LEADERSHIP MAPPING 142
10.3.1 VISIONARY LEADERS 142
10.3.2 INNOVATORS 142
10.3.3 DYNAMIC DIFFERENTIATORS 142
10.3.4 EMERGING COMPANIES 142
FIGURE 35 ASRS MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019 143
10.4 COMPETITIVE SITUATIONS & TRENDS 144
FIGURE 36 MARKET EVOLUTION FRAMEWORK: CONTRACTS FUELED GROWTH OF
ASRS MARKET DURING 2017–2020 144
FIGURE 37 CONTRACTS AND COLLABORATIONS WERE KEY STRATEGIES ADOPTED FROM 2017 TO 2020 144
10.4.1 CONTRACTS AND COLLABORATIONS 145
TABLE 147 CONTRACTS AND COLLABORATIONS, 2019–2020 145
10.4.2 EXPANSIONS & PARTNERSHIPS 146
TABLE 148 EXPANSIONS & PARTNERSHIPS, 2018–2020 146
10.4.3 ACQUISITIONS 147
TABLE 149 ACQUISITIONS, 2018–2020 147
10.4.4 PRODUCT LAUNCHES 148
TABLE 150 PRODUCT LAUNCHES, 2018–2020 148

11 COMPANY PROFILES 149
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
11.1 KEY PLAYERS 149
11.1.1 DAIFUKU 149
FIGURE 38 DAIFUKU: COMPANY SNAPSHOT 150
11.1.2 KARDEX 153
FIGURE 39 KARDEX: COMPANY SNAPSHOT 153
11.1.3 MURATA MACHINERY 156
11.1.4 SSI SCHAEFER 159
11.1.5 TGW LOGISTICS 162
FIGURE 40 TGW LOGISTICS: COMPANY SNAPSHOT 162
11.1.6 KION 165
FIGURE 41 KION: COMPANY SNAPSHOT 165
11.1.7 KUKA 168
FIGURE 42 KUKA: COMPANY SNAPSHOT 168
11.1.8 TOYOTA INDUSTRIES 171
FIGURE 43 TOYOTA INDUSTRIES: COMPANY SNAPSHOT 172
11.1.9 BEUMER 174
11.1.10 KNAPP 175
11.1.11 MECALUX 177
11.1.12 SYSTEM LOGISTICS 180
11.2 RIGHT TO WIN 181
11.3 OTHER KEY PLAYERS 182
11.3.1 AUTOMATION LOGISTIC 182
11.3.2 AUTOCRIB 182
11.3.3 FERRETTO 183
11.3.4 HAENEL STORAGE SYSTEM 183
11.3.5 HONEYWELL INTELLIGRATED 184
11.3.6 IHI 184
11.3.7 INVATA INTRALOGISTICS 185
11.3.8 MIAS 185
11.3.9 SENCORPWHITE 186
11.3.10 STANLEY BLACK & DECKER 186
11.3.11 VIASTORE SYSTEMS 187
11.3.12 WESTFALIA TECHNOLOGIES 187
11.3.13 WITRON 188
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.

12 ADJACENT AND RELATED MARKET 189
12.1 INTRODUCTION 189
12.2 LIMITATIONS 189
12.3 AUTOMATED MATERIAL HANDLING (AMH) EQUIPMENT MARKET 189
12.3.1 MARKET DEFINITION 189
12.3.2 MARKET OVERVIEW 189
12.4 AUTOMATED MATERIAL HANDLING (AMH) EQUIPMENT MARKET, BY INDUSTRY 190
TABLE 151 AMH EQUIPMENT MARKET, BY INDUSTRY, 2015–2024 (USD BILLION) 190
12.4.1 AUTOMOTIVE 191
TABLE 152 AMH EQUIPMENT MARKET FOR AUTOMOTIVE, BY PRODUCT,
2015–2024 (USD MILLION) 191
TABLE 153 AMH EQUIPMENT MARKET FOR AUTOMOTIVE, BY REGION,
2015–2024 (USD MILLION) 192
12.4.2 METALS & HEAVY MACHINERY 192
TABLE 154 AMH EQUIPMENT MARKET FOR METALS & HEAVY MACHINERY, BY PRODUCT, 2015–2024 (USD MILLION) 192
TABLE 155 AMH EQUIPMENT MARKET FOR METALS & HEAVY MACHINERY, BY REGION, 2015–2024 (USD MILLION) 193
12.4.3 FOOD & BEVERAGES 193
TABLE 156 AMH EQUIPMENT MARKET FOR FOOD & BEVERAGES, BY PRODUCT,
2015–2024 (USD MILLION) 193
TABLE 157 AMH EQUIPMENT MARKET FOR FOOD & BEVERAGES, BY REGION,
2015–2024 (USD MILLION) 194
12.4.4 CHEMICALS 194
TABLE 158 AMH EQUIPMENT MARKET FOR CHEMICALS, BY PRODUCT,
2015–2024 (USD MILLION) 194
TABLE 159 AMH EQUIPMENT MARKET FOR CHEMICALS, BY REGION,
2015–2024 (USD MILLION) 195
12.4.5 SEMICONDUCTOR & ELECTRONICS 195
TABLE 160 AMH EQUIPMENT MARKET FOR SEMICONDUCTOR & ELECTRONICS,
BY PRODUCT, 2015–2024 (USD MILLION) 196
TABLE 161 AMH EQUIPMENT MARKET FOR SEMICONDUCTOR & ELECTRONICS,
BY REGION, 2015–2024 (USD MILLION) 196
12.4.6 HEALTHCARE 197
TABLE 162 AMH EQUIPMENT MARKET FOR HEALTHCARE, BY TYPE,
2015–2024 (USD MILLION) 197
TABLE 163 AMH EQUIPMENT MARKET FOR HEALTHCARE, BY PRODUCT,
2015–2024 (USD MILLION) 197
TABLE 164 AMH EQUIPMENT MARKET FOR HEALTHCARE, BY REGION,
2015–2024 (USD MILLION) 198
12.4.7 AVIATION 198
TABLE 165 AMH EQUIPMENT MARKET FOR AVIATION, BY PRODUCT,
2015–2024 (USD MILLION) 198
TABLE 166 AMH EQUIPMENT MARKET FOR AVIATION, BY REGION,
2015–2024 (USD MILLION) 199
12.4.8 E-COMMERCE 199
TABLE 167 AMH EQUIPMENT MARKET FOR E-COMMERCE, BY PRODUCT,
2015–2024 (USD MILLION) 199
TABLE 168 AMH EQUIPMENT MARKET FOR E-COMMERCE, BY REGION,
2015–2024 (USD MILLION) 200
12.4.9 OTHERS 200
TABLE 169 AMH EQUIPMENT MARKET FOR OTHER INDUSTRIES, BY PRODUCT,
2015–2024 (USD MILLION) 200
TABLE 170 AMH EQUIPMENT MARKET FOR OTHER INDUSTRIES, BY REGION,
2015–2024 (USD MILLION) 201
12.5 AUTOMATED MATERIAL HANDLING (AMH) EQUIPMENT MARKET, BY REGION 201
TABLE 171 AMH EQUIPMENT MARKET, BY REGION, 2015–2024 (USD BILLION) 201
12.5.1 NORTH AMERICA 202
TABLE 172 AMH EQUIPMENT MARKET IN NORTH AMERICA, BY COUNTRY,
2015–2024 (USD MILLION) 202
TABLE 173 AMH EQUIPMENT MARKET IN NORTH AMERICA, BY PRODUCT,
2015–2024 (USD MILLION) 203
TABLE 174 AMH EQUIPMENT MARKET IN NORTH AMERICA, BY INDUSTRY,
2015–2024 (USD MILLION) 203
12.5.2 EUROPE 204
TABLE 175 AMH EQUIPMENT MARKET IN EUROPE, BY COUNTRY,
2015–2024 (USD MILLION) 204
TABLE 176 AMH EQUIPMENT MARKET IN EUROPE, BY PRODUCT,
2015–2024 (USD MILLION) 204
TABLE 177 AMH EQUIPMENT MARKET IN EUROPE, BY INDUSTRY,
2015–2024 (USD MILLION) 205
12.6 APAC 205
TABLE 178 AMH EQUIPMENT MARKET IN APAC, BY COUNTRY,
2015–2024 (USD MILLION) 206
TABLE 179 AMH EQUIPMENT MARKET IN APAC, BY PRODUCT,
2015–2024 (USD MILLION) 206
TABLE 180 AMH EQUIPMENT MARKET IN APAC, BY INDUSTRY,
2015–2024 (USD MILLION) 207
12.7 ROW 207
TABLE 181 AMH EQUIPMENT MARKET IN ROW, BY REGION, 2015–2024 (USD MILLION) 207
TABLE 182 AMH EQUIPMENT MARKET IN ROW, BY PRODUCT,
2015–2024 (USD MILLION) 208
TABLE 183 AMH EQUIPMENT MARKET IN ROW, BY INDUSTRY,
2015–2024 (USD MILLION) 208

13 APPENDIX 209
13.1 INSIGHTS OF INDUSTRY EXPERTS 209
13.2 DISCUSSION GUIDE 209
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 212
13.4 AVAILABLE CUSTOMIZATIONS 214
13.5 RELATED REPORTS 214
13.6 AUTHOR DETAILS 215