Automated Storage and Retrieval System (ASRS) Market – Trends Forecast Till 2031

Market Snapshot

Market Overview

The global Automated Storage and Retrieval System (ASRS) Market size was estimated at USD 9760 million in 2024 and is projected to reach USD 17500.7 million in 2031 at a CAGR of 8.7 % during the forecast period 2025-2031.

Automated Storage and Retrieval Systems (ASRS) are advanced solutions designed to automatically store and retrieve goods within warehouses or distribution centers, reducing the need for manual labor and enhancing operational efficiency. These systems typically include robotic arms, conveyors, shuttles, and software that work together to move products quickly and accurately within a facility. ASRS is widely used in industries such as retail, manufacturing, and e-commerce, where rapid inventory management and order fulfillment are critical. With advancements in automation and the increasing demand for streamlined logistics, ASRS has become an essential technology for modern supply chains.

The scope of the ASRS market is vast, covering applications across various sectors, including warehousing, distribution, manufacturing, and healthcare. In warehousing, ASRS is employed for inventory storage, order picking, and sorting, while in manufacturing, it helps in automating material handling processes and production lines. E-commerce companies use ASRS to speed up order fulfillment and reduce lead times. Additionally, healthcare facilities benefit from ASRS for storing medical supplies and pharmaceuticals in an organized and efficient manner. As industries continue to expand their automation efforts, the adoption of ASRS systems is expected to increase, leading to broader market applications.

The growth of the ASRS market is largely driven by the need for increased efficiency, cost reduction, and accuracy in supply chain operations. Rising labor costs and a shortage of skilled workers have pushed companies to automate their storage and retrieval processes, while the explosion of e-commerce has made faster and more accurate order fulfillment a top priority. Technological advancements, such as the integration of Artificial Intelligence (AI) and the Internet of Things (IoT) with ASRS, are improving system performance by enabling real-time data analysis and predictive maintenance. Additionally, the demand for customized and scalable solutions is fostering innovation in ASRS designs, making them more versatile across different industries.

Several trends are shaping the ASRS market, including the shift towards more flexible and scalable systems that can adapt to varying business sizes and needs. The rise of robotic process automation (RPA) is enhancing the capabilities of ASRS by incorporating more intelligent robots capable of performing complex tasks. Another key trend is the increasing focus on sustainability, with ASRS contributing to reduced energy consumption and more efficient use of space within facilities. As businesses prioritize operational agility and speed, the ASRS market is likely to continue growing, driven by technological innovation and the ongoing demand for optimized supply chain solutions.

Delvens Industry Expert's Standpoint

Experts in the Automated Storage and Retrieval System (ASRS) Market highlight several key trends driving growth and innovation. The Automated Storage and Retrieval System (ASRS) market involves advanced automation technologies designed to store and retrieve goods efficiently within warehouses, distribution centers, and manufacturing facilities. ASRS is widely used across industries like retail, e-commerce, manufacturing, and healthcare to improve inventory management, order fulfillment, and material handling. The market is driven by the need for increased operational efficiency, reduced labor costs, and faster order processing, particularly in the growing e-commerce sector. Key trends include the integration of AI and IoT for enhanced performance, a shift toward flexible and scalable systems, and a focus on sustainability. As businesses increasingly prioritize automation and efficiency, the ASRS market is expected to continue its growth.

Market Portfolio

Key Findings

• The Type segment includes unit load cranes, mini load cranes, robotic shuttle-based systems, carousel-based systems, vertical lift modules, and robotic cube-based systems. The unit load cranes segment holds a significant share, as these cranes are ideal for handling bulky loads and operate efficiently in freezer environments, making them particularly suitable for cold storage facilities and regular warehousing. They are capable of managing weights between 550 kg to 2,500 kg and are valued for their robustness and precision in moving heavy loads, making them essential in industries where quick access to inventory is crucial.

• The Function segment includes assembly, kitting, distribution, storage, order picking, and others. The storage function segment dominates the market, driven by the need to store slow or medium-moving products for extended periods. AS/RS systems help optimize storage space and increase capacity while ensuring safety and compliance with regulations. These systems are also essential for long-term buffer storage, offering high-density storage solutions and reducing costs associated with facility expansion. The order-picking function is anticipated to grow at the fastest rate, driven by the need for high-speed, accurate order fulfillment, especially in e-commerce.

• The Vertical segment includes healthcare, retail & e-commerce, electronics & semiconductors, aerospace & defense, automotive, and others. The retail and e-commerce sector holds the largest share, as these industries increasingly adopt AS/RS solutions to manage rapidly changing consumer demands and the complexities of omnichannel distribution. The healthcare vertical is expected to experience significant growth, driven by the need for highly regulated, hygienic, and efficient storage of pharmaceuticals and other healthcare products, with AS/RS systems offering FDA-compliant solutions that ensure batch traceability and inventory management.

• The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America region is projected to hold the largest market share. Factors such as E-commerce Expansion, Operational Efficiency and Cost Reduction, Technological Advancements, Industry Adoption Across Sectors, Labor Shortages and Safety Concerns have triggered the Automated Storage and Retrieval System (ASRS) Market in the region.

Regional Analysis

North America to Dominate the Market

• North America is leading the automated storage and retrieval systems (AS/RS) market, holding a significant market share. The region's growth can be attributed to its high adoption rate of advanced technologies across various industries. The rapid implementation of new technologies, coupled with a well-established infrastructure, further supports the expansion of the market. The U.S. stands out as the dominant market in North America, with major retail players like Walmart, Target, The Home Depot, Costco, Best Buy, and Amazon.com quickly adopting AS/RS in their warehouses across the country.

• The automated storage and retrieval systems market in the U.S. is experiencing growth due to labor shortages and rising wages. These challenges are prompting companies to turn to automation for their storage and retrieval processes. AS/RS technology helps reduce dependency on manual labor, lowers operational costs, and addresses workforce limitations. Additionally, the increasing demand for supply chain efficiency and sustainability is further driving the adoption of AS/RS in the U.S.

• The Asia Pacific region is expected to witness the fastest growth in the automated storage and retrieval systems market. The region's ongoing economic expansion, particularly in countries like India and various ASEAN nations, is driving the increased presence of international manufacturing companies. Furthermore, local and regional companies are making substantial investments in automated warehouse systems, which is expected to accelerate the growth of the AS/RS market in these countries.

Competitive Landscape

• Dematic (KION GROUP AG)
• Daifuku Co., Ltd.
• Kardex
• Murata Machinery, Ltd.
• SSI SCHAEFER Group
• TGW
• Mecalux, S.A.
• KNAPP AG
• BEUMER Group
• KUKA AG
• Bastian Solutions, LLC
• System Logistics S.p.A

Recent Developments

• In November 2024, Kardex teamed up with Douglas Pharmaceuticals Limited to install New Zealand’s first AutoStore system. This advanced automated storage and retrieval system boosts storage efficiency and drives innovation.

• In October 2024, SSI SCHAEFER collaborated with ALP to provide infrastructure for OMEGA 1 Bukit Raja, a smart warehouse featuring a high-bay racking system. Located in Selangor, Malaysia, this facility will become the largest automated warehouse in Southeast Asia, spanning 1.8 million square feet.

• In April 2024, Daifuku Co., Ltd. upgraded its Shiga Works facility to increase production capacity and optimize logistics. Building G will feature a cleanroom for semiconductor and LCD production systems, while Building M will focus on managing maintenance parts and manufacturing automated guided vehicles (AGVs).

• In March 2024, SSI SCHAEFER launched LOGIONE, an independent software solution for the SSI LOGIMAT Vertical Lift Module. With its intuitive and user-friendly interface, LOGIONE simplifies storage location and article management without the need for training.

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• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Report Scope