The German automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of over 10.0% during the forecast period. Germany is the fourth-largest economy globally and accounts for more than one-fifth of the European Union’s GDP as per the International Monetary Fund (IMF).
Germany is the largest European trading partner of the US and the sixth-largest market for the export of goods to the US. The country is estimated to be one of the major contributors to the European ASRS market. The growth of the market in Germany is mainly attributed to the expanding e-commerce industry, increase in the cross-border trade, and well-established industrial sector of the country.
The growth in the above sectors increases the demand for strategic solutions to manage the goods and commodities in various facilities for optimizing efficiency, thereby, driving the growth of the ASRS market in the country. According to UNCTAD, Germany accounted for the largest e-commerce sales of $1,503 billion in 2017. The increasing e-commerce industry has led to an increase in the number of warehouses within the economies of the region. Various retailers and e-commerce giants have adopted automation in the warehouse facility to maximize efficiency and operability. This has increased the demand for ASRS in warehouses.
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The market study of the German automated storage and retrieval system (ASRS) market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
Financial reports of companies involved in the market.
White papers, research-papers, and news blogs.
Company websites and their product catalog.
The report is intended for material handling solution providers, e-commerce companies, logistics solution providers, warehouse management service providers, 3PL providers, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis of the market size and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
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Company Profiles
BEUMER Group
Daifuku Co., Ltd.
Honeywell International, Inc.
Kardex Group
KION Group AG
KNAPP AG
KUKA AG
TGW Logistics Group
Viastore Systems GmbH
Global Germany ASRS Market- Segmentation
Germany ASRS Market by Type
Unit Load
Mini Load
Vertical Lift Module
Carousel
Auto Store
Germany ASRS Market Industry
Automobile
Chemical, Metals & Heavy Machinery
Food & Beverages
Healthcare
Retail, Third-Party Logistics, and E-Commerce
Others (Aviation, Manufacturing Industry)
Global Germany ASRS Market - Segmentation
By Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
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