Automated Storage And Retrieval System Market
Automated Storage and Retrieval System Market Forecasts to 2030 - Global Analysis by Type (Unit Load Cranes, Mini Load Cranes, Robotic Shuttle-Based and Other Types), Category (Standalone and Integrated), Function, Technology, End User and By Geography
According to Stratistics MRC, the Global Automated Storage and Retrieval System Market is accounted for $9.5 billion in 2024 and is expected to reach $16.2 billion by 2030 growing at a CAGR of 9.3% during the forecast period. Computer-controlled systems for automatically placing and retrieving loads from predefined storage locations are known as automated storage and retrieval systems. By utilizing cutting-edge technologies, they increase the effectiveness of inventory management, lower labor costs, and improve space utilization. In order to improve efficiency, provide accurate inventory control, and streamline operations, automated storage and retrieval systems are widely used in a variety of industries, including manufacturing, warehousing, and distribution.
According to the U.S. Census Bureau's Annual Capital Expenditures Survey, companies in the warehousing and storage sector invested $32.1 billion in structures and equipment in 2021, a significant portion of which likely went towards automation technologies like ASRS.
Market Dynamics:
Driver:
Surge in online shopping
The rapid growth of e-commerce has significantly boosted demand for automated storage and retrieval systems. These systems enable efficient order fulfillment, inventory management, and space optimization, crucial for handling the high volume and variety of products in online retail. Automated storage and retrieval systems help e-commerce businesses meet customer expectations for fast delivery while reducing labor costs and errors. The ability to process orders quickly and accurately, even during peak periods, makes automated storage and retrieval systems an essential tool for companies striving to remain competitive in the fast-paced online retail environment.
Restraint:
Complex integration
Implementing an automated storage and retrieval system can be challenging due to its complex integration requirements. These systems often need to interface with existing warehouse management systems, enterprise resource planning software, and other logistics technologies. The integration process can be time-consuming, costly, and may require significant changes to existing workflows and infrastructure. Additionally, staff training and potential resistance to change can further complicate adoption, slowing market growth.
Opportunity:
Advancements in technology
Innovations in robotics, artificial intelligence, and machine learning are enhancing the capabilities of these systems, making them more efficient, flexible, and intelligent. AI-powered predictive analytics can optimize inventory placement and retrieval strategies. The integration of IoT sensors enables real-time monitoring and predictive maintenance. These advancements not only improve system performance but also expand the potential applications of automated storage and retrieval systems across various industries, driving growth.
Threat:
Cybersecurity risks
As automated storage and retrieval systems become increasingly connected and reliant on digital technologies, cybersecurity risks emerge as a significant threat. These systems often handle sensitive data related to inventory, operations, and sometimes customer information. A successful cyber attack could lead to operational disruptions, data breaches, or even physical damage to the system. The need for robust cybersecurity measures adds complexity and cost to implementation and maintenance. Concerns about these risks could potentially slow adoption, particularly in industries dealing with sensitive or regulated products.
Covid-19 Impact:
The COVID-19 pandemic initially disrupted automated storage and retrieval system market growth due to supply chain issues and economic uncertainty. However, it subsequently accelerated adoption as businesses sought to enhance operational efficiency and reduce reliance on human labor. The pandemic highlighted the importance of automation in ensuring business continuity and meeting the surge in e-commerce demand, potentially driving long-term market growth.
The unit load cranes segment is expected to be the largest during the forecast period
The unit load cranes segment is expected to be the largest during the forecast period. Unit load cranes are capable of handling large, palletized loads efficiently. Their dominance in the market is driven by their versatility and ability to manage high-volume storage and retrieval operations in various industries, including manufacturing, retail, and logistics. These systems offer significant space savings, improved inventory accuracy, and reduced labor costs. As businesses increasingly focus on optimizing warehouse operations and maximizing storage density, the demand for unit load crane systems is expected to grow, particularly in industries dealing with large, standardized loads.
The standalone segment is expected to have the highest CAGR during the forecast period
The standalone segment is anticipated to have the highest CAGR during the forecast period. Standalone automated storage and retrieval system solutions are gaining traction due to their flexibility and scalability. These systems can be implemented without extensive modifications to existing warehouse infrastructure, making them attractive for businesses looking to gradually automate their operations. Standalone systems often offer quicker implementation times and lower initial investment compared to fully integrated solutions. The high growth rate of this segment reflects the increasing demand for adaptable, modular automation solutions that can evolve with changing business needs.
Region with largest share:
North America's dominance in the market is attributed to its advanced logistics infrastructure, high labor costs, and early adoption of automation technologies. The region's robust e-commerce sector and focus on operational efficiency drive demand for automated storage and retrieval system solutions. Major retailers and logistics providers in North America are increasingly investing in warehouse automation to improve competitiveness. Additionally, the presence of key vendors and a supportive regulatory environment for automation technologies contribute to the region's market leadership.
Region with highest CAGR:
The Asia Pacific region's rapid growth in the market is driven by several factors. The region's booming e-commerce sector, particularly in countries like China and India, is creating strong demand for efficient warehouse automation solutions. Rapid industrialization, rising labor costs, and government initiatives promoting smart manufacturing are fueling automated storage and retrieval system adoption across various industries. The region's large and growing consumer base, coupled with increasing urbanization, is putting pressure on supply chains to become more efficient, further driving the demand for automated storage and retrieval system technologies.
Key players in the market
Some of the key players in Automated Storage and Retrieval System market include Daifuku Co., Ltd., Murata Machinery, Ltd., SSI SCHAEFER Group, TGW Logistics Group GmbH, Kardex Holding AG, Dematic Corp., Swisslog Holding AG, Mecalux S.A., Honeywell International Inc., Exotec, OPEX Corporation, Toyota Industries Corporation, Bastian Solutions, Vanderlande Industries BV, KUKA AG, Knapp AG, System Logistics S.p.A., and Hairobotics.
Key Developments:
In March 2024, V-Markt Implements WAMAS Logistics Software from SSI SCHAEFER to efficiently manage V-Markt's wide range of products in the future. The new WMS solution not only meets current requirements, but also represents a forward-looking investment. The order was placed at the end of 2023, with a planned project start in March 2024 and a planned project acceptance in the first quarter of 2025.
In April 2023, Daifuku Co. Ltd, one of the global leaders in material handling systems, has announced a major expansion plan for its Indian subsidiary, Daifuku Intralogistics India Private Limited. Daifuku acquired Hyderabad-based Vega Conveyors & Automation in 2019 as part of their business expansion in India. After consolidating Vega and Daifuku India operations in 2022, the company now renamed the subsidiary to Daifuku Intralogistics India Private Limited.
Types Covered:
• Unit Load Cranes
• Mini Load Cranes
• Robotic Shuttle-Based
• Carousel-Based
• Vertical Lift Module
• Robotic Cube Based
• Automated Guided Vehicles
• Other Types
Categories Covered:
• Standalone
• Integrated
Functions Covered:
• Storage
• Order Picking
• Kitting
• Buffering
• Assembly
• Other Functions
Technologies Covered:
• Microprocessor Control
• PC Control
• Machine Vision
• Barcode and RFID Systems
• Wireless Technology
• Other Technologies
End Users Covered:
• Manufacturing
• Warehousing and Distribution
• Healthcare
• Aerospace
• Utilities
• Defense
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automated Storage and Retrieval System Market, By Type
5.1 Introduction
5.2 Unit Load Cranes
5.3 Mini Load Cranes
5.4 Robotic Shuttle-Based
5.5 Carousel-Based
5.6 Vertical Lift Module
5.7 Robotic Cube Based
5.8 Automated Guided Vehicles
5.9 Other Types
6 Global Automated Storage and Retrieval System Market, By Category
6.1 Introduction
6.2 Standalone
6.3 Integrated
7 Global Automated Storage and Retrieval System Market, By Function
7.1 Introduction
7.2 Storage
7.3 Order Picking
7.4 Kitting
7.5 Buffering
7.6 Assembly
7.7 Other Functions
8 Global Automated Storage and Retrieval System Market, By Technology
8.1 Introduction
8.2 Microprocessor Control
8.3 PC Control
8.4 Machine Vision
8.5 Barcode and RFID Systems
8.6 Wireless Technology
8.7 Other Technologies
9 Global Automated Storage and Retrieval System Market, By End User
9.1 Introduction
9.2 Manufacturing
9.2.1 Automotive
9.2.2 Electronics
9.2.3 Food & Beverage
9.2.4 Pharmaceuticals
9.2.5 Textiles
9.2.6 Chemicals
9.3 Warehousing and Distribution
9.3.1 Third-Party Logistics (3PL)
9.3.2 E-commerce Fulfillment Centers
9.3.3 Retail Distribution Centers
9.4 Healthcare
9.4.1 Hospitals
9.4.2 Medical Device Storage
9.4.3 Pharmaceutical Distribution Centers
9.5 Aerospace
9.5.1 Aircraft Parts Storage
9.5.2 Maintenance, Repair, and Overhaul (MRO) Facilities
9.6 Utilities
9.6.1 Power Plants
9.6.2 Water Treatment Facilities
9.7 Defense
9.7.1 Military Warehouses
9.7.2 Armories
9.8 Other End Users
10 Global Automated Storage and Retrieval System Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Daifuku Co., Ltd.
12.2 Murata Machinery, Ltd.
12.3 SSI SCHAEFER Group
12.4 TGW Logistics Group GmbH
12.5 Kardex Holding AG
12.6 Dematic Corp.
12.7 Swisslog Holding AG
12.8 Mecalux S.A.
12.9 Honeywell International Inc.
12.10 Exotec
12.11 OPEX Corporation
12.12 Toyota Industries Corporation
12.13 Bastian Solutions
12.14 Vanderlande Industries BV
12.15 KUKA AG
12.16 Knapp AG
12.17 System Logistics S.p.A.
12.18 Hairobotics
List of Tables
1 Global Automated Storage and Retrieval System Market Outlook, By Region (2022-2030) ($MN)
2 Global Automated Storage and Retrieval System Market Outlook, By Type (2022-2030) ($MN)
3 Global Automated Storage and Retrieval System Market Outlook, By Unit Load Cranes (2022-2030) ($MN)
4 Global Automated Storage and Retrieval System Market Outlook, By Mini Load Cranes (2022-2030) ($MN)
5 Global Automated Storage and Retrieval System Market Outlook, By Robotic Shuttle-Based (2022-2030) ($MN)
6 Global Automated Storage and Retrieval System Market Outlook, By Carousel-Based (2022-2030) ($MN)
7 Global Automated Storage and Retrieval System Market Outlook, By Vertical Lift Module (2022-2030) ($MN)
8 Global Automated Storage and Retrieval System Market Outlook, By Robotic Cube Based (2022-2030) ($MN)
Global Automated Storage and Retrieval System Market Outlook, By Automated Guided Vehicles (2022-2030) ($MN)
9 Global Automated Storage and Retrieval System Market Outlook, By Other Types (2022-2030) ($MN)
10 Global Automated Storage and Retrieval System Market Outlook, By Category (2022-2030) ($MN)
11 Global Automated Storage and Retrieval System Market Outlook, By Standalone (2022-2030) ($MN)
12 Global Automated Storage and Retrieval System Market Outlook, By Integrated (2022-2030) ($MN)
13 Global Automated Storage and Retrieval System Market Outlook, By Function (2022-2030) ($MN)
14 Global Automated Storage and Retrieval System Market Outlook, By Storage (2022-2030) ($MN)
15 Global Automated Storage and Retrieval System Market Outlook, By Order Picking (2022-2030) ($MN)
16 Global Automated Storage and Retrieval System Market Outlook, By Kitting (2022-2030) ($MN)
17 Global Automated Storage and Retrieval System Market Outlook, By Buffering (2022-2030) ($MN)
18 Global Automated Storage and Retrieval System Market Outlook, By Assembly (2022-2030) ($MN)
19 Global Automated Storage and Retrieval System Market Outlook, By Other Functions (2022-2030) ($MN)
20 Global Automated Storage and Retrieval System Market Outlook, By Technology (2022-2030) ($MN)
21 Global Automated Storage and Retrieval System Market Outlook, By Microprocessor Control (2022-2030) ($MN)
22 Global Automated Storage and Retrieval System Market Outlook, By PC Control (2022-2030) ($MN)
23 Global Automated Storage and Retrieval System Market Outlook, By Machine Vision (2022-2030) ($MN)
24 Global Automated Storage and Retrieval System Market Outlook, By Barcode and RFID Systems (2022-2030) ($MN)
25 Global Automated Storage and Retrieval System Market Outlook, By Wireless Technology (2022-2030) ($MN)
26 Global Automated Storage and Retrieval System Market Outlook, By Other Technologies (2022-2030) ($MN)
27 Global Automated Storage and Retrieval System Market Outlook, By End User (2022-2030) ($MN)
28 Global Automated Storage and Retrieval System Market Outlook, By Manufacturing (2022-2030) ($MN)
29 Global Automated Storage and Retrieval System Market Outlook, By Automotive (2022-2030) ($MN)
30 Global Automated Storage and Retrieval System Market Outlook, By Electronics (2022-2030) ($MN)
31 Global Automated Storage and Retrieval System Market Outlook, By Food & Beverage (2022-2030) ($MN)
32 Global Automated Storage and Retrieval System Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
33 Global Automated Storage and Retrieval System Market Outlook, By Textiles (2022-2030) ($MN)
34 Global Automated Storage and Retrieval System Market Outlook, By Chemicals (2022-2030) ($MN)
35 Global Automated Storage and Retrieval System Market Outlook, By Warehousing and Distribution (2022-2030) ($MN)
36 Global Automated Storage and Retrieval System Market Outlook, By Third-Party Logistics (3PL) (2022-2030) ($MN)
37 Global Automated Storage and Retrieval System Market Outlook, By E-commerce Fulfillment Centers (2022-2030) ($MN)
38 Global Automated Storage and Retrieval System Market Outlook, By Retail Distribution Centers (2022-2030) ($MN)
39 Global Automated Storage and Retrieval System Market Outlook, By Healthcare (2022-2030) ($MN)
40 Global Automated Storage and Retrieval System Market Outlook, By Hospitals (2022-2030) ($MN)
41 Global Automated Storage and Retrieval System Market Outlook, By Medical Device Storage (2022-2030) ($MN)
42 Global Automated Storage and Retrieval System Market Outlook, By Pharmaceutical Distribution Centers (2022-2030) ($MN)
43 Global Automated Storage and Retrieval System Market Outlook, By Aerospace (2022-2030) ($MN)
44 Global Automated Storage and Retrieval System Market Outlook, By Aircraft Parts Storage (2022-2030) ($MN)
45 Global Automated Storage and Retrieval System Market Outlook, By Maintenance, Repair, and Overhaul (MRO) Facilities (2022-2030) ($MN)
46 Global Automated Storage and Retrieval System Market Outlook, By Utilities (2022-2030) ($MN)
47 Global Automated Storage and Retrieval System Market Outlook, By Power Plants (2022-2030) ($MN)
48 Global Automated Storage and Retrieval System Market Outlook, By Water Treatment Facilities (2022-2030) ($MN)
49 Global Automated Storage and Retrieval System Market Outlook, By Defense (2022-2030) ($MN)
50 Global Automated Storage and Retrieval System Market Outlook, By Military Warehouses (2022-2030) ($MN)
51 Global Automated Storage and Retrieval System Market Outlook, By Armories (2022-2030) ($MN)
52 Global Automated Storage and Retrieval System Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
