Automated Storage and Retrieval Systems Market Expected to Experience Bolstering Sales during Forecast Period, 2018 - 2028
Verfasser: ashwani_kailiya on Monday, 15 July 2019Fact.MR has recently published a new study titled “Automated Storage and Retrieval Systems Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028”, which meticulously discourse the primary motivators functioning across the global automated storage and retrieval systems market. It has been noticed that rising awareness among industrial end-users concerning the extraordinary benefits of employing warehouse automation technologies will ensure a significant upsurge in automated storage and retrieval systems during the forecast period.
As per this Fact.MR study, the automated storage and retrieval systems market is likely to expand at 7.6% CAGR during the period 2018-2028. Focusing on the regional bifurcation, North America is likely to sustain its lucrativeness across the automated storage and retrieval systems market, recording nearly 30% revenue share in the global market in 2018. Interestingly, the contribution of developed regions would be given tough competition by developing geographical arenas such as Asia Pacific excluding Japan, which is expected to register highest CAGR during the period until 2028.