The global ASRS market is expected to grow from USD 7.8 billion in 2021 to USD 11 billion in 2026, with a compound annual growth rate of 7.2% – QNT Press Release

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New York, December 24, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announced the release of the report “Automated Storage and Retrieval System Market, Analysis of the Impact of COVID-19 by Type, Industry, and Region-Global Forecast to 2026” – https://www.reportlinker.com/p04773665/?utm_source=GNW

Social distancing, factory closures and other activities implemented in response to the COVID-19 pandemic have prompted consumers to shop online. Although demand shrinks in 2020, COVID-19 restrictions are expected to increase the adoption of direct-to-consumer grocery stores during the forecast period and accelerate the demand for automated storage and retrieval systems used in e-commerce and retail warehouses.

It is expected that by 2021, the unit load market segment will account for the largest market size.
The unit-loaded ASRS is used to store large-size items and also provides real-time inventory information, making it a more popular type than other types of ASRS in many industries. In addition, the unit load ASRS is a high-density heavy-duty ASRS, which can realize accurate, efficient, safe and stable handling of full pallets.

Their widespread application in consumer products, automobiles, electronics, food and beverages, pharmaceuticals and medical supplies, and retail and apparel industries also supports market growth.

The automotive industry is expected to contribute the largest ASRS market share…

The full story can be found on Benzinga.com

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