Home > Blossary: “Storage function to be largest market for automated storage and retrieval system from 2019 to 2024”
[200 Pages Report] The overall automated storage and retrieval system market is expected to grow from USD 7.6 billion in 2019 to USD 11.0 billion by 2024, at a CAGR of 7.7%. The market growth is propelled by the increasing demand for ASRS in the automotive industry; optimum utilization of space and rise in labor costs; and improved accuracy, productivity, and efficiency in supply chain, along with better inventory control. https://www.marketsandmarkets.com/Market-Reports/automated-storage-retrieval-system-market-195267987.html

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