Automated storage: a world view

By Staff -- Modern Materials Handling, 8/1/1998

Twenty-plus years old and still growing-that's one observation in new research on world usage of automated storage systems. This Frost & Sullivan study pegs world sales last year at $2.4 billion, and projects revenues to reach $3.4 billion in 2004.

"World Automatic Storage and Retrieval System Markets" defines the technologies it covers as miniload, microload, and unit load AS/RS along with vertical and horizontal carousels, and vertical lift AS/RS.

"Despite the material handling industry's intense efforts to reach new end user industries," says analyst Danny Kuo, many potential end users are unaware of the benefits of these systems. His view is that most systems have gone into large, Fortune 500 companies, that now there is "pressure" to develop lower cost systems for smaller firms.

By market sector the study puts 1997 revenues at $505 million (for miniload and microload), $1.5 billion (unit load), $168 million (vertical carousels), $118 million (horizontal carousels), and $67 million (vertical lifts).

For more information, contact the research firm in Mountain View, Calif., at 650-237-4385 or www.frost.com

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