Automated Storage And Retrieval System Market, By Application (Storage, Order Picking, Kitting, Buffering, and Others), By Load (Unit Load, Mid Load, VLM, Carousel, and Mini Load), By End Use (Automotive, Semiconductor and Electronics, General Manufacturing, Retail and Warehousing Logistics , Aviation, Chemicals, Rubber and Plastics, Healthcare, and Food and Beverage), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : May 2024

Code : CMI5451

Pages :167

Formats :

Excel and PDF

Industry : Information and Communication Technology

Key Developments

In July 2023, the Kraft Heinz Company is one of the largest food and beverage companies globally, known for its iconic brands. revealed plans to invest over USD400 million in constructing one of the largest automated distribution centers for consumer packaged goods (CPG) in North America. This facility will feature a 24/7 automated storage and retrieval system, capable of handling double the volume for Kraft Heinz customers. It will manage the distribution of over 60% of the company's food service business and around 30% of all dry goods.
In June 2023, Hy-Tek Intralogistics is a company specializing in providing innovative automation and material handling solutions for warehousing, distribution, and manufacturing operations. and Hai Robotics is a leading provider of robotics solutions for the logistics and warehousing industry. joined forces to develop an automated storage and retrieval system (ASRS) for a manufacturing and engineering company in Ohio, specifically for a GTP buffer system application. The new system utilizes Hai Robotics' self-governing case-handling robots, which are compact and tall, designed for retrieving totes autonomously within a storage grid. These robots can reach heights of over 32 feet to manage goods storage efficiently. Noteworthy features of this solution include racking at three different heights, accommodating two sizes of totes within the same system, and enabling double deep tote storage.
In November 2021, Honeywell International Inc. is a multinational conglomerate known for its diversified range of products and services across various industries. introduced a new high-tech storage system to assist warehouses and distribution centers with handling the increasing volume of online orders. This system helps speed up order processing and accuracy while also potentially cutting down on environmental impact.
In February 2021, Toyota Industries Corporation is renowned for its expertise in automotive manufacturing, producing a wide range of vehicles including automobiles, engines, and components. launched a small fuel cell module that combines multiple components into one compact unit