Global Automated Storage and Retrieval Systems Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Unit Load ASRS, Mini Load ASRS, Vertical Lift Modules (VLMs), Horizontal Carousels, Vertical Carousels and Robotic ASRS.

By Function;

Storage, Order Picking, Distribution and Assembly.

By End-User Industry;

Automotive, Food & Beverages, Retail & E-commerce, Pharmaceuticals, Electronics and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn142840340 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Automated Storage and Retrieval Systems Market (USD Million), 2021 - 2031

In the year 2024, the Global Automated Storage and Retrieval Systems Market was valued at USD 11,155.11 million. The size of this market is expected to increase to USD 20,523.30 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.1%.

The Global Automated Storage and Retrieval Systems (ASRS) market has been experiencing substantial growth due to the increasing need for efficient, accurate, and cost-effective material handling solutions. ASRS are designed to automatically store and retrieve products or materials from defined storage locations, significantly enhancing the productivity and efficiency of warehouse and distribution operations. These systems are particularly beneficial in industries with high inventory turnover and those requiring precise and timely retrieval of goods.

A major driver for the ASRS market is the rising adoption of automation in warehouses, driven by the need to optimize space utilization, reduce labor costs, and improve supply chain efficiency. The e-commerce boom has further propelled the demand for ASRS, as companies strive to meet the expectations of faster delivery times and increased order accuracy. Additionally, advancements in technology, such as IoT, AI, and robotics, have led to the development of more sophisticated and efficient ASRS solutions, enhancing their appeal across various industries.

Despite the positive growth trajectory, the market faces challenges, such as high initial investment costs and the complexity of integrating ASRS with existing systems. However, the long-term benefits, including improved accuracy, efficiency, and space optimization, often outweigh these initial hurdles. Furthermore, the expansion of ASRS in emerging markets, coupled with innovations and advancements in ASRS technologies, presents significant growth opportunities for market players.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Function
    3. Market Snapshot, By End-User Industry
    4. Market Snapshot, By Region
  4. Global Automated Storage and Retrieval Systems Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing adoption of automation in warehouses
        2. Rising labor costs
        3. Growing e-commerce industry
        4. Advancements in technology
        5. Demand for efficient supply chain management
      2. Restraints
        1. High initial investment costs
        2. Complexity in integration with existing systems
        3. Maintenance and repair costs
        4. Limited flexibility for handling diverse products
        5. Technical issues and system failures
      3. Opportunities
        1. Expansion in emerging markets
        2. Development of innovative ASRS technologies
        3. Integration with IoT and AI
        4. Increasing use in pharmaceuticals and healthcare
        5. Growth in the cold storage industry
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automated Storage and Retrieval Systems Market, By Type, 2021 - 2031 (USD Million)
      1. Unit Load ASRS
      2. Mini Load ASRS
      3. Vertical Lift Modules (VLMs)
      4. Horizontal Carousels
      5. Vertical Carousels
      6. Robotic ASRS
    2. Global Automated Storage and Retrieval Systems Market, By Function, 2021 - 2031 (USD Million)
      1. Storage
      2. Order Picking
      3. Distribution
      4. Assembly
    3. Global Automated Storage and Retrieval Systems Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Automotiv
      2. Food & Beverages
      3. Retail & E-commerce
      4. Pharmaceuticals
      5. Electronics
      6. Others
    4. Global Automated Storage and Retrieval Systems Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Daifuku Co., Ltd.
      2. Dematic
      3. SSI Schaefer
      4. Honeywell Intelligrated
      5. Murata Machinery
      6. Swisslog Holding AG
      7. Kardex Group
      8. Mecalux, S.A.
      9. Vanderlande Industries
      10. Bastian Solutions
  7. Analyst Views
  8. Future Outlook of the Market