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

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
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
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


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
Table 1 Global Automated Storage and Retrieval System Market Outlook, By Region (2022-2030) ($MN)
Table 2 Global Automated Storage and Retrieval System Market Outlook, By Type (2022-2030) ($MN)
Table 3 Global Automated Storage and Retrieval System Market Outlook, By Unit Load Cranes (2022-2030) ($MN)
Table 4 Global Automated Storage and Retrieval System Market Outlook, By Mini Load Cranes (2022-2030) ($MN)
Table 5 Global Automated Storage and Retrieval System Market Outlook, By Robotic Shuttle-Based (2022-2030) ($MN)
Table 6 Global Automated Storage and Retrieval System Market Outlook, By Carousel-Based (2022-2030) ($MN)
Table 7 Global Automated Storage and Retrieval System Market Outlook, By Vertical Lift Module (2022-2030) ($MN)
Table 8 Global Automated Storage and Retrieval System Market Outlook, By Robotic Cube Based (2022-2030) ($MN)
Table Global Automated Storage and Retrieval System Market Outlook, By Automated Guided Vehicles (2022-2030) ($MN)
Table 9 Global Automated Storage and Retrieval System Market Outlook, By Other Types (2022-2030) ($MN)
Table 10 Global Automated Storage and Retrieval System Market Outlook, By Category (2022-2030) ($MN)
Table 11 Global Automated Storage and Retrieval System Market Outlook, By Standalone (2022-2030) ($MN)
Table 12 Global Automated Storage and Retrieval System Market Outlook, By Integrated (2022-2030) ($MN)
Table 13 Global Automated Storage and Retrieval System Market Outlook, By Function (2022-2030) ($MN)
Table 14 Global Automated Storage and Retrieval System Market Outlook, By Storage (2022-2030) ($MN)
Table 15 Global Automated Storage and Retrieval System Market Outlook, By Order Picking (2022-2030) ($MN)
Table 16 Global Automated Storage and Retrieval System Market Outlook, By Kitting (2022-2030) ($MN)
Table 17 Global Automated Storage and Retrieval System Market Outlook, By Buffering (2022-2030) ($MN)
Table 18 Global Automated Storage and Retrieval System Market Outlook, By Assembly (2022-2030) ($MN)
Table 19 Global Automated Storage and Retrieval System Market Outlook, By Other Functions (2022-2030) ($MN)
Table 20 Global Automated Storage and Retrieval System Market Outlook, By Technology (2022-2030) ($MN)
Table 21 Global Automated Storage and Retrieval System Market Outlook, By Microprocessor Control (2022-2030) ($MN)
Table 22 Global Automated Storage and Retrieval System Market Outlook, By PC Control (2022-2030) ($MN)
Table 23 Global Automated Storage and Retrieval System Market Outlook, By Machine Vision (2022-2030) ($MN)
Table 24 Global Automated Storage and Retrieval System Market Outlook, By Barcode and RFID Systems (2022-2030) ($MN)
Table 25 Global Automated Storage and Retrieval System Market Outlook, By Wireless Technology (2022-2030) ($MN)
Table 26 Global Automated Storage and Retrieval System Market Outlook, By Other Technologies (2022-2030) ($MN)
Table 27 Global Automated Storage and Retrieval System Market Outlook, By End User (2022-2030) ($MN)
Table 28 Global Automated Storage and Retrieval System Market Outlook, By Manufacturing (2022-2030) ($MN)
Table 29 Global Automated Storage and Retrieval System Market Outlook, By Automotive (2022-2030) ($MN)
Table 30 Global Automated Storage and Retrieval System Market Outlook, By Electronics (2022-2030) ($MN)
Table 31 Global Automated Storage and Retrieval System Market Outlook, By Food & Beverage (2022-2030) ($MN)
Table 32 Global Automated Storage and Retrieval System Market Outlook, By Pharmaceuticals (2022-2030) ($MN)
Table 33 Global Automated Storage and Retrieval System Market Outlook, By Textiles (2022-2030) ($MN)
Table 34 Global Automated Storage and Retrieval System Market Outlook, By Chemicals (2022-2030) ($MN)
Table 35 Global Automated Storage and Retrieval System Market Outlook, By Warehousing and Distribution (2022-2030) ($MN)
Table 36 Global Automated Storage and Retrieval System Market Outlook, By Third-Party Logistics (3PL) (2022-2030) ($MN)
Table 37 Global Automated Storage and Retrieval System Market Outlook, By E-commerce Fulfillment Centers (2022-2030) ($MN)
Table 38 Global Automated Storage and Retrieval System Market Outlook, By Retail Distribution Centers (2022-2030) ($MN)
Table 39 Global Automated Storage and Retrieval System Market Outlook, By Healthcare (2022-2030) ($MN)
Table 40 Global Automated Storage and Retrieval System Market Outlook, By Hospitals (2022-2030) ($MN)
Table 41 Global Automated Storage and Retrieval System Market Outlook, By Medical Device Storage (2022-2030) ($MN)
Table 42 Global Automated Storage and Retrieval System Market Outlook, By Pharmaceutical Distribution Centers (2022-2030) ($MN)
Table 43 Global Automated Storage and Retrieval System Market Outlook, By Aerospace (2022-2030) ($MN)
Table 44 Global Automated Storage and Retrieval System Market Outlook, By Aircraft Parts Storage (2022-2030) ($MN)
Table 45 Global Automated Storage and Retrieval System Market Outlook, By Maintenance, Repair, and Overhaul (MRO) Facilities (2022-2030) ($MN)
Table 46 Global Automated Storage and Retrieval System Market Outlook, By Utilities (2022-2030) ($MN)
Table 47 Global Automated Storage and Retrieval System Market Outlook, By Power Plants (2022-2030) ($MN)
Table 48 Global Automated Storage and Retrieval System Market Outlook, By Water Treatment Facilities (2022-2030) ($MN)
Table 49 Global Automated Storage and Retrieval System Market Outlook, By Defense (2022-2030) ($MN)
Table 50 Global Automated Storage and Retrieval System Market Outlook, By Military Warehouses (2022-2030) ($MN)
Table 51 Global Automated Storage and Retrieval System Market Outlook, By Armories (2022-2030) ($MN)
Table 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.

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings