Product Code: SR112025A5862
The global automated storage and retrieval system market size reached USD 22.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 37.6 Billion by 2033, exhibiting a growth rate (CAGR) of 5.77% during 2025-2033.
Automated storage and retrieval system (ASRS) is a computer-controlled device that places and recovers loads from specified storage locations accurately in a facility. It consists of shuttles, cranes, carousels, vertical lift modules (VLMs), micro-loads, mini-loads, unit-loads, warehouse execution software (WES) and warehouse management software (WMS). It offers several advantages, such as efficient use of the floor space, reclaiming unused vertical space, increasing inventory storage density, improving ergonomics and safety, enhancing throughput, and reducing labor costs. As a result, it finds extensive applications in the aviation, automotive, chemical, e-commerce, food and beverage (F&B), and healthcare industries.
Automated Storage and Retrieval System Market Trends:
At present, there is a rise in the demand for fast, precise, and efficient fulfillment of in-store retailing to ensure customer satisfaction across the globe. This, along with the growing industrial automation for improving productivity and quality while increasing safety, reducing errors, and adding flexibility to the manufacturing process, represents one of the key factors driving the market. Moreover, there is a rise in technological advancements in ASRS assisted by cutting-edge sensors. This, coupled with the escalating demand for enhanced storage systems in various industries, is propelling the growth of the market. In addition, governments of several countries are extensively investing in developing digital infrastructure, which is positively influencing the market. Besides this, the increasing order volume in the e-commerce sector due to ease of selling internationally, retargeting customers, and personalization of the buying experience is offering lucrative growth opportunities to industry investors. Apart from this, the increasing utilization of ASRS by small and mid-size enterprises (SMEs) to reduce human interaction is bolstering the growth of the market.
Key Market Segmentation:
Breakup by Type:
- Vertical Lift Modules
- Carousels
- Horizontal Carousels
- Vertical Carousels
- Crane-Based
- Vertical Buffer Modules
- Robotic Shuttles
- Floor Robots
Breakup by Load:
- Unit-Load ASRS
- Fixed-Aisle ASRS
- Movable-Aisle ASRS
- Mini-Load ASRS
- Micro-Load ASRS
Breakup by Application:
- Storage
- Order Picking
- Kitting
- Buffering
- Others
Breakup by End User:
- Automotive
- Semiconductor and Electronics
- General Manufacturing
- Retail and Warehousing or Logistics
- Aviation
- Chemicals, Rubber and Plastics
- Healthcare and Pharma
- Food and Beverage
- Postal and Parcel
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Beumer Group GmbH & Co. KG, Daifuku Co. Ltd., Dematic (Kion Group AG), Honeywell International Inc., Kardex Group, Knapp AG, Mecalux S.A., Murata Machinery Ltd., Schaefer Systems International Pvt Ltd, System Logistics S.p.A. (Krones AG), TGW Logistics Group, Toyota Industries Corporation and Viastore Systems.
Key Questions Answered in This Report
- 1.What was the size of the global automated storage and retrieval system market in 2024?
- 2.What is the expected growth rate of the global automated storage and retrieval system market during 2025-2033?
- 3.What are the key factors driving the global automated storage and retrieval system market?
- 4.What has been the impact of COVID-19 on the global automated storage and retrieval system market?
- 5.What is the breakup of the global automated storage and retrieval system market based on the type?
- 6.What is the breakup of the global automated storage and retrieval system market based on the load?
- 7.What is the breakup of the global automated storage and retrieval system market based on the application?
- 8.What is the breakup of the global automated storage and retrieval system market based on the end user?
- 9.What are the key regions in the global automated storage and retrieval system market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Automated Storage and Retrieval System Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Vertical Lift Modules
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Carousels
- 6.2.1 Market Trends
- 6.2.2 Key segments
- 6.2.2.1 Horizontal Carousels
- 6.2.2.2 Vertical Carousels
- 6.2.3 Market Forecast
- 6.3 Crane-Based
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Vertical Buffer Modules
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Robotic Shuttles
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Floor Robots
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Load
- 7.1 Unit-Load ASRS
- 7.1.1 Market Trends
- 7.1.2 Key Segments
- 7.1.2.1 Fixed-Aisle ASRS
- 7.1.2.2 Movable-Aisle ASRS
- 7.1.3 Market Forecast
- 7.2 Mini-Load ASRS
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Micro-Load ASRS
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Application
- 8.1 Storage
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Order Picking
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Kitting
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Buffering
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by End User
- 9.1 Automotive
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Semiconductor and Electronics
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 General Manufacturing
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Retail and Warehousing or Logistics
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Aviation
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
- 9.6 Chemicals, Rubber and Plastics
- 9.6.1 Market Trends
- 9.6.2 Market Forecast
- 9.7 Healthcare and Pharma
- 9.7.1 Market Trends
- 9.7.2 Market Forecast
- 9.8 Food and Beverage
- 9.8.1 Market Trends
- 9.8.2 Market Forecast
- 9.9 Postal and Parcel
- 9.9.1 Market Trends
- 9.9.2 Market Forecast
- 9.10 Others
- 9.10.1 Market Trends
- 9.10.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Beumer Group GmbH & Co. KG
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.2 Daifuku Co. Ltd.
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 Financials
- 15.3.3 Dematic (Kion Group AG)
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Honeywell International Inc.
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.5 Kardex Group
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.6 Knapp AG
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Mecalux S.A.
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Murata Machinery Ltd.
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.9 Schaefer Systems International Pvt Ltd
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 System Logistics S.p.A. (Krones AG)
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.11 TGW Logistics Group
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Toyota Industries Corporation
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.12.3 Financials
- 15.3.12.4 SWOT Analysis
- 15.3.13 Viastore Systems
- 15.3.13.1 Company Overview
- 15.3.13.2 Product Portfolio