ASRS for Garments on Hangers Market Analysis and Scope (2023 to 2030)
ASRS for Garments on Hangers Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 1.69 Billion |
Market Size by 2030 | US$ 3.21 Billion |
Global CAGR (2022 - 2030) | 8.3% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the ASRS for garments on hangers market. A few recent key ASRS for garments on hangers market developments are listed below:
- In May 2023, Ferag strengthened its commitment to the Asian market. With the support of the system integrator ASETEC, Ferag's complete intralogistics solutions will be increasingly used in South Korea. The two companies have agreed on a partnership to this effect.
- In March 2022, Element Logic, a specialized integrator for automated warehouse solutions centered around the AutoStore system, announced the acquisition of SDI Industries, a US provider of leading turnkey automation solutions and sortation systems.
- In May 2022, The BEUMER Group acquired FAM GmbH, Magdeburg, a supplier of conveying systems and loading technology. The contracts were signed to complete the transaction by the end of May. This also significantly strengthened the BEUMER Group's market position in the large equipment sector.