Unit Load Is Expected to Hold the Largest Share of the ASRS Market Reach USD 8.43 Billion by 2022, at a CAGR of 7.1%
The automated storage and retrieval system (ASRS) market is expected to grow from USD 5.19 Billion in 2015 to reach USD 8.43 Billion by 2022, at a CAGR of 7.1% between 2016 and 2022. The ASRS market is currently witnessing a growing demand from automotive and food & beverages industries as ASRS is highly recommended in these industries for storing and retrieving goods from the inventory on a real-time basis. ASRS helps bring products and materials to employees' work locations...
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