Automatic Tube Cleaning System Market: Analysis Business Opportunity, Growth Factors, and Future Prospects until 2027

The ASRS market is estimated to be worth USD 8.7 billion in 2023 and is projected to reach USD 12.7 billion by 2028 at a CAGR of 7.9% during the forecast period. The Increased demand for ASRS due to better space optimization high labor cost and higher emphasis on inventory management and control are major factors driving the growth of the global ASRS market.

The major players in the ASRS market with a significant global presence are Daifuku Co., Ltd (Japan), Murata Machinery, Ltd. (Japan), SSI SCHAEFER (Germany), TGW Logistics Group GmbH (Austria) and Kardex Holding AG (Switzerland). The market players are investing in research and development to enhance the efficiency, flexibility, and scalability of their ASRS solutions, catering to diverse industry needs worldwide. Additionally, partnerships and collaborations with local distributors, integrators, and technology providers in target regions are being pursued to establish a stronger global presence.

Daifuku Co., Ltd. is involved in consulting, designing, manufacturing, planning, and engineering material handling equipment. The company also provides installation and after-sales services for logistics systems. It operates through six core businesses: intralogistics business, cleanroom business, automotive business, airport business, auto wash business, and electronics business. The company offers a wide range of ASRS solutions designed to improve warehouse and logistics operations for various industries. Daifuku’s ASRS systems are known for their innovation, high performance, and reliability, making them a preferred choice for businesses looking to optimize their storage and retrieval processes. The major product categories of Daifuku Co., Ltd. include conveying systems, transport systems, storage systems, sorting/picking systems, control systems, material handling tools, and car wash machines for customers from the electronics and machinery, aviation, e-commerce, cold chain, retail, transportation, and warehousing, semiconductor & electronics, food & beverage, pharmaceutical industries.

Murata Machinery, Ltd. manufactures and sells industrial machinery. The Company’s products include logistic equipment, factory automation machinery, machine tools, textile machinery, and communication equipment. The company provides ASRS through its logistics & automation product category. The product portfolio includes multi-storied, pallet-type, bucket-type, and free-size ASRS; ASRS for large/heavy and hazardous items; and rack systems. Besides ASRS, the division also provides transportation, picking, sorting, and data management systems. The company has its factories at six locations in Japan, supplying its customers globally through its associated companies. The company offers its automation systems, including hardware, software, and engineering, in the fields of mail order, medical supplies, food, publication, apparel, and transport.

SSI SCHAEFER is at the forefront of global intralogistics solutions, offering a comprehensive range of services. Through the utilization of cutting-edge technologies and software, the company enables clients to enhance the effectiveness and eco-friendliness of their storage, selection, and transportation operations. SSI SCHAEFER provides cost-efficient material handling solutions and industry knowledge to both small and medium-sized enterprises and large corporations, all from one reliable source. The company is serving clients from the fashion, industrial, food retail, food & beverages, healthcare and cosmetics, and retail and wholesale markets. The company also specializes in providing software solutions for industrial automation equipment, as well as conveyor technology, shelving systems, etc.

GW Logistics Group GmbH is a global systems provider of automated and turnkey logistics solutions ranging from small material handling applications to complex logistics centers. TGW develops all essential components of its solutions in-house, including the software, control system, robotics and mechatronic modules. The company provides a spectrum of products and modules through different product categories, including piece-picking robots and workstations, mobile robotics, robotic palletizers, conveyors & sorters, pack chains, and automated storage systems. It serves industries such as apparel, grocery, general merchandise, e-commerce and omnichannel, spare parts and components, and third-party logistics (3PL).

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Kardex Holding AG offers intra-logistic solutions, automated storage solutions, and material handling systems. Kardex Holding AG specializes in the design, manufacturing, and implementation of ASRS systems. The company operates through its three independently managed divisions: Kardex Holding AG Remstar, Kardex Holding AG Mlog, and Corporate Ventures. Kardex Holding AG Remstar develops and produces shuttles and dynamic storage and retrieval systems; Kardex Holding AG Mlog provides integrated material handling systems and automated high-bay warehouses. The company has also made some of its patents free to use in the US and Europe to facilitate the rapid restart of production activities. This will help the company keep its financial losses to a minimum. Approximately 2,097 employees in over 30 countries work for the company. The company serves various industries, including automotive and transportation equipment, chemicals, consumer goods, electronics, mechanical engineering, food & beverage, kitchen/wood/furniture, and pharmaceutical, as well as trades in wholesale, retail, e-commerce, energy, and mining industries.

Related Reports:

Automated Storage and Retrieval System Market by Function (Storage, Distribution, Assembly), Type (Unit Load, Mini Load, Vertical Lift Module, Carousel, Mid Load), Vertical (Automotive, Food & Beverages, E-Commerce, Retail) — Global Forecast to 2028

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