Europe Automated Storage and Retrieval System Market Share

Market Share of Europe Automated Storage and Retrieval System Industry

The Europe Automated Storage and Retrieval System market are fragmented and highly competitive. Product launches, high expense on research and development, partnerships and acquisitions, etc., are the prime growth strategies adopted by the companies in the region to sustain the intense competition. Some of the recent developments in the market are -

• March 2021 - Global spirits company Amber Beverage Group (ABG) has signed an agreement with Jungheinrich, the manufacturer of warehousing equipment, to purchase EUR 15.5 million worth of equipment needed to build ABG's automated high-bay warehouse.
• August 2020 - Kardex has invested in the start-up company Rocket Solution GmbH, based in Unterhaching near Munich. The company develops innovative, standardized automatic storage and retrieval systems of the latest generation. Its innovative technology features open IoT and Web interfaces and can therefore be easily integrated into complete systems. Through Rocket's innovative technology, Kardex takes another step towards standardized sub-systems and expands its strategically essential light goods area portfolio.

Europe Automated Storage and Retrieval System Market Leaders

1. Viastore Systems GmbH

2. Vanderlande Industries BV

3. Kardex AG

4. Schaefer Holding International Gmbh

5. Mecalux SA

*Disclaimer: Major Players sorted in no particular order