Automated Storage and Retrieval System Market - Global Industry Analysis and Forecast (2025 -2032)
Automated Storage and Retrieval System Market size was valued at USD 6.51 Billion in 2024. The total Automated Storage and Retrieval System Market revenue is expected to grow by 8.01% from 2025 to 2032, reaching nearly USD 12.08 Billion.
Format : PDF | Report ID : SMR_2501
Automated Storage and Retrieval System Market Overview
The Automated Storage and Retrieval System Market has become an essential part of the contemporary supply chain and logistics landscape, powered by the demand for enhanced efficiency and accuracy. According to MMR analysis, overall ASRS market was valued at USD 6.51 billion in 2024 and is expected to grow at a CAGR of 8.01% and reaching nearly USD 12.08 billion by 2032. This growth can be attributed due to the need for better warehouse and inventory management, heightened demand from the e-commerce sector and increasing investments in industrial automation.
The North American market, particularly the United States, remains the largest, owing to the rapid adoption of ASRS technologies by major e-commerce players like Amazon and Walmart. There have also been significant expansions in Europe, particularly for Industry 4.0 solutions in Germany. In Asia-Pacific, particularly in China and India, ASRS is gaining momentum due to improvements in manufacturing and logistics infrastructure.
Across various industries, the adoption of Automated Storage and Retrieval Systems (ASRS) industry has been rapidly increasing. Recently, more than 40% of large or even global distribution warehouses have built ASRS solutions to store and retrieve orders efficiently. As industry data show, better than 25% of e-commerce companies around the world, when equipped with large-scale distribution centers, have set up ASRS to meet the growing need of their customers for quicker order fulfillment. In the same way, manufacturing sectors like automotive and healthcare - like over 35% of the manufacturers are doing today - is beginning to use ASRS systems in an effort at better inventory management and lower cost operations. Furthermore, it is estimated that approximately 60% of companies in North America are using ASRS to improve supply chain efficiency. Therefore, almost half, or about 50%, of European business establishments have also introduced these systems to maintain a competitive edge within today’s increasingly automated market. ASRS is in particularly high annual demand in those industries with a high flow and space utilization. Between 2025-2032 the global warehouse automation market will grow to a CAGR of 10.2%, mainly driven by the increasing need for efficiency and accuracy.
As ASRS technology continues to evolve, it is being integrated with cutting-edge technologies like Artificial Intelligence (AI), Machine Learning (ML), and Internet of Things (IoT) to enhance predictive maintenance, real-time tracking, and forecasting accuracy. These Advancements lead to a more reliable and efficient system with lower costs of operation. In addition, the top companies are incorporating ASRS into their sustainability initiatives, using these systems to maximize space and minimize energy consumption and carbon emissions. The ASRS adoption not only reduces the demand from manual labor but also creates service opportunities in the robotics maintenance, system integration, and data analytics, which are all fought for high-skill divide.
Some of the major players of the Automated Storage and Retrieval System Market are Daifuku Co., Dematic Corporation, Swisslog, Kardex Group and Honeywell Intelligrated which are augmenting their portfolios to satisfy the increasing requirement and are establishing association with companies such as e-commerce and manufacturing companies. The SMR Report covered the comprehensive data and insights provided in this report will help businesses understand market dynamics, future trends, and make informed decisions regarding investments in ASRS technologies, giving them a competitive edge in a rapidly growing Automated Storage and Retrieval System (ASRS) market.
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Automated Storage and Retrieval System Market Dynamics
Revolutionizing Manufacturing and warehousing with Advanced Robotics
The increasing use of robots and robots in warehousing as well as automation are big trends in the Automated Storage and Retrieval System (ASRS) Market. By 2027, 30-35 percent of all warehouses around the world will be applying their own robot-based automation solutions, ASRS included. In 2020 that figure was most likely closer to 15-20%. In just seven years, this will be equivalent to a doubling of present-year statistics. This highlights the rapid shift toward automation more than ever before. For example, robotics will make up more than 60% of new automated warehouse installations by 2025 compared with only 25-30% in 2020. The sharp increase in robot adoptions is a clear indication of increasing needs for efficiency, accuracy and cost control in warehousing. Take the global warehouse robotics market as an example. It is expected to grow from USD 6 billion in 2021 at a CAGR of 20-22%. In e-commerce today, robots assist with key tasks like the sorting, picking and storing of goods, and in 25-30% less manpower costs. In addition, these robotic systems can boost throughput by 40 - 50% or more and at the same time optimize warehouse space, upping storage density from 30 - 50 %. This rush to adopt automation reflects a strong trend towards using robots in completely re-working warehouse operations, especially in high-paced industries such as e-commerce, retailing and manufacturing.
AI and Robotics Shaping the Future of ASRS
As the ASRS industry transitions to AI and Machine Learning (ML) integration, rates of adoption vary by region. In North America, AI-driven ASRS systems are exploding. At a year-on-year growth rate expected to level off around 20%, by 2030. AI-based solutions are expected to account for 45% of all ASRS installations—up from the 15% estimated in 2020. The US is still the world's largest adopter, especially in logistics and e-commerce – here AI powered systems are already driving throughput rates up to 35 percent faster than existing platforms, while cutting employment costs by thirty percent. In Europe Automated Storage and Retrieval System (ASRS) Market, AI integration is now expected to take over more than a third of all new ASRS builds by 2028, compared with something less than 10% in 2020.
As the heart of industrial automation, Germany is seeing a substantial shift toward AI-driven installations – particularly in manufacturing and logistics combined with human beings. Here AI can reduce the machine error rate by about 50% along with increasing warehouse storage density to 30%. In Asia-Pacific, China and Japan are embracing AI-driven ASRS solutions at an accelerating rate. China's warehouse automation is expected to grow 12% per year out through 2030, driven by e-commerce demand and consumer goods sectors in general. By 2030 AI-driven ASRS solutions will be accounting for more than 40% of all warehouse automation in China. Warehouse storage space utilization rates will be up at least twenty-five to thirty percent better (from today) than otherwise possible. Japan too is betting heavily on intelligent robots, with AI systems destined for 30+% of new installations in 2027. Middle East and Africa will lag behind somewhat further down the track, but also steadily. Infrastructure investments in places like the UAE and Saudi Arabia will see AI-powered ASRS systems accounting for 20% of new installations (by 2030).
Automated Storage and Retrieval System Market Segment Analysis
Based on Product Type: The ASRS market is segmented by type, as each system possesses unique features meeting certain requirements. Of these, unit load cranes segment is a leading contributor, occupying market value of 21.8% in 2024. These cranes are designed for large and heavy goods and pallets, suitable for industries that mostly deal with large items like automotive, manufacturing, and logistics. Relation to load Type and Handling—Unit Load—By introducing unit load cranes, large quantities of goods can be moved and collected easily resulting in a decrease in manual labor required, as well as save space in warehouses through increased storage density. They usually have fast and reliable retrieval, which makes them a very effective solution in high demand environments.
The mini load cranes are shorter and suited for lighter loads making them perfect for small parts and component storage. Robotic shuttle-based systems are another one that uses autonomous robot to transport goods with flexibility and scale. The system grouped with carousel-based systems, which are typically used for smaller and faster-moving goods, vertical lift modules (VLM), and robotic cube-based systems that can utilize vertical storage to save space. These types serve a significant purpose in improving operational productivity and storage capabilities, which increases Automated Storage and Retrieval System Market demand in 2032.
Automated Storage and Retrieval System Market Regional Insights
Automated Storage and Retrieval System market dominated by North America region with around 35-40% share of the global market in 2024. Domestically, the U.S. leads the way in both advanced manufacturing and logistics and e-commerce areas that rely on high-efficiency warehousing solutions throughout the region. The U.S. ASRS market is valued at more than USD 2.5 billion in 2024, and is expected to grow at a CAGR of 8–10% over the forecast period (2025–2032) to USD 5 billion by 2030. The demand for speed, precision, and cost efficiency in supply chain management is accelerating as industries gearing from e-commerce, retail, automotive, and healthcare, which is driving this expansion this growth.
Robotic/AI-Powered ASRS Solutions Reshaping U.S. Warehouses However, only 30% of ASRS installations included AI and robotic systems in 2020, compared with 60% expected during 2027. This transformation is driving the market towards autonomous systems, as AI-driven ASRS solutions are projected to expand at a rate of 20% every year.
This is especially true in Canada which is experiencing growth within its automotive and food & beverage sectors mini load cranes and vertical lift modules (VLMs) are gaining traction due to their ability to assist in the handling of parts and perishables respectively. Furthermore, we are seeing the adoption of robotic systems by Canadian companies to increase throughput and reduce manual labour costs. AI-powered solutions are expected to comprise 25–30% of new ASRS installations in Canada by 2027.
With its closer integration with North American manufacturing, Mexico is witnessing a swift penetration of ASRS technologies which is expected to continue its growth in the country with a CAGR of 12-14% from 2025 to 2032. This is a result of Mexico’s growing manufacturing sector, particularly in sectors such as automotive, electronics, and consumer goods. The Mexico ASRS market is expected to attain USD 1 billion by 2030 propelled by increasing adoption of robotic cube-based and unit load cranes for high-volume production lines and advanced inventory management.
North America is estimated to remain the largest market but Europe and Asia-Pacific will show the fastest growth. Germany, the UK and France are the main adopters in Europe, with Germany representing almost 20% of total ASRS market share in Europe. Such demand for robotic and AI-powered systems remains robust, a segment likely to see a CAGR of 10-12% between 2025 and 2032.
Asia-Pacific, however, which had most of the major supply chains, is also a strong growth region, with China showing a 12–14% CAGR market through 2032 and substantial driven by its large manufacturing base, rapid growth e-commerce, and GOAT-Impact (great on accelerated turn-steps) understanding. Robotic-based ASRS solutions are expected to exceed 35% of yearly installations by 2027, and reach a market value of more than USD 2.5 billion by 2030, in Japan, boasting a rich heritage in robotics-related engineering.
Automated Storage and Retrieval System Market Scope
Automated Storage and Retrieval System Market Scope |
|
Market Size in 2024 |
USD 6.51Bn. |
Market Size in 2032 |
USD 12.08 Bn. |
CAGR (2025-2032) |
6.1% |
Historic Data |
2019-2024 |
Base Year |
2024 |
Forecast Period |
2025-2032 |
Segments |
By Type Unit Load Cranes Mini Load Cranes Robotic Shuttle Based Carousel Based Vertical Lift Module Robotic Cube Based |
By Function Assembly Distribution Kitting Order Picking Storage Others |
|
By Vertical Outlook Retail & E-commerce Healthcare Automotive Aerospace & Defence Electronics & Semiconductors Others |
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Top Automated Storage and Retrieval System Market Players
- Dematic (USA)
- Honeywell Intelligrated (USA)
- KUKA Robotics (Germany)
- Mecalux (Spain)
- Swisslog (a part of KUKA Group) (Switzerland)
- Daifuku Co., Ltd. (Japan)
- Stäubli Robotics (Germany)
- Murata Machinery, Ltd. (Japan)
- SSI SCHAEFER (Germany)
- Frazier Industrial Company (USA)
- Interroll Holding AG (Switzerland)
- Kardex Remstar (Switzerland)
- Toshiba Logistics Corporation (Japan)
- TGW Logistics Group (Austria)
- Vanderlande Industries (Netherlands)
- Beumer Group (Germany)
- Locus Robotics (USA)
- RightHand Robotics (USA)
- Octopi by Körber (USA)
- Bastian Solutions (a Körber company) (USA)
Frequently Asked Questions
Ans. The North America region is expected to hold the largest Automated Storage and Retrieval System Market share.
Ans. The Automated Storage and Retrieval System Market size by 2032 is expected to reach US$ 12.08 Bn.
1. Automated Storage and Retrieval System Market Introduction
1.1. Study Assumption and Market Definition
1.2. Scope of the Study
1.3. Executive Summary
2. Global Automated Storage and Retrieval System (ASRS) Market: Competitive Landscape
2.1. SMR Competition Matrix
2.2. Competitive Landscape
2.3. Key Players Benchmarking
2.3.1. Company Name
2.3.2. Product
2.3.3. Vertical Outlook
2.3.4. Revenue (2024)
2.4. Market Structure
2.4.1. Market Leaders
2.4.2. Market Followers
2.4.3. Emerging Players
2.5. Mergers and Acquisitions Details
3. Automated Storage and Retrieval System (ASRS) Market: Dynamics
3.1. Automated Storage and Retrieval System Market Trends
3.2. Automated Storage and Retrieval System Market Dynamics
3.2.1. North America
3.2.2. Europe
3.2.3. Asia Pacific
3.2.4. Middle East and Africa
3.2.5. South America
3.3. PORTER’s Five Forces Analysis
3.4. PESTLE Analysis
3.5. Regulatory Landscape
4. Automated Storage and Retrieval System (ASRS) Market: Global Market Size and Forecast by Segmentation (by Value USD Mn) (2024-2032)
4.1. Automated Storage and Retrieval System Market Size and Forecast, by Type (2024-2032)
4.1.1. Unit Load Cranes
4.1.2. Mini Load Cranes
4.1.3. Robotic Shuttle Based
4.1.4. Carousel Based
4.1.5. Vertical Lift Module
4.1.6. Robotic Cube Based
4.2. Automated Storage and Retrieval System Market Size and Forecast, by Function (2024-2032)
4.2.1. Assembly
4.2.2. Distribution
4.2.3. Kitting
4.2.4. Order Picking
4.2.5. Storage
4.2.6. Others
4.3. Automated Storage and Retrieval System Market Size and Forecast, by Vertical Outlook (2024-2032)
4.3.1. Retail & E-commerce
4.3.2. Healthcare
4.3.3. Automotive
4.3.4. Aerospace & Defense
4.3.5. Electronics & Semiconductors
4.3.6. Others
4.4. Automated Storage and Retrieval System Market Size and Forecast, by Region (2024-2032)
4.4.1. North America
4.4.2. Europe
4.4.3. Asia Pacific
4.4.4. Middle East and Africa
4.4.5. South America
5. North America Automated Storage and Retrieval System Market Size and Forecast by Segmentation (by Value USD Mn) (2024-2032)
5.1. North America Automated Storage and Retrieval System Market Size and Forecast, by Type (2024-2032)
5.1.1. Unit Load Cranes
5.1.2. Mini Load Cranes
5.1.3. Robotic Shuttle Based
5.1.4. Carousel Based
5.1.5. Vertical Lift Module
5.1.6. Robotic Cube Based
5.2. North America Automated Storage and Retrieval System Market Size and Forecast, by Function (2024-2032)
5.2.1. Assembly
5.2.2. Distribution
5.2.3. Kitting
5.2.4. Order Picking
5.2.5. Storage
5.2.6. Others
5.3. North America Automated Storage and Retrieval System Market Size and Forecast, by Vertical Outlook (2024-2032)
5.3.1. Retail & E-commerce
5.3.2. Healthcare
5.3.3. Automotive
5.3.4. Aerospace & Defence
5.3.5. Electronics & Semiconductors
5.3.6. Others
5.4. North America Automated Storage and Retrieval System Market Size and Forecast, by Country (2024-2032)
5.4.1. United States
5.4.2. Canada
5.4.3. Mexico
6. Europe Automated Storage and Retrieval System Market Size and Forecast by Segmentation (by Value USD Mn) (2024-2032)
6.1. Europe Automated Storage and Retrieval System Market Size and Forecast, by Type (2024-2032)
6.2. Europe Automated Storage and Retrieval System Market Size and Forecast, by Function (2024-2032)
6.3. Europe Automated Storage and Retrieval System Market Size and Forecast, by Vertical Outlook (2024-2032)
6.4. Europe Automated Storage and Retrieval System Market Size and Forecast, by Country (2024-2032)
6.4.1. United Kingdom
6.4.2. France
6.4.3. Germany
6.4.4. Italy
6.4.5. Spain
6.4.6. Sweden
6.4.7. Austria
6.4.8. Rest of Europe
7. Asia Pacific Automated Storage and Retrieval System Market Size and Forecast by Segmentation (by Value USD Mn) (2024-2032)
7.1. Asia Pacific Automated Storage and Retrieval System Market Size and Forecast, by Type (2024-2032)
7.2. Asia Pacific Automated Storage and Retrieval System Market Size and Forecast, by Function (2024-2032)
7.3. Asia Pacific Automated Storage and Retrieval System Market Size and Forecast, by Vertical Outlook (2024-2032)
7.4. Asia Pacific Automated Storage and Retrieval System Market Size and Forecast, by Country (2024-2032)
7.4.1. China
7.4.2. S Korea
7.4.3. Japan
7.4.4. India
7.4.5. Australia
7.4.6. Indonesia
7.4.7. Malaysia
7.4.8. Vietnam
7.4.9. Taiwan
7.4.10. Rest of Asia Pacific
8. Middle East and Africa Automated Storage and Retrieval System Market Size and Forecast by Segmentation (by Value USD Mn) (2024-2032)
8.1. Middle East and Africa Automated Storage and Retrieval System Market Size and Forecast, by Type (2024-2032)
8.2. Middle East and Africa Automated Storage and Retrieval System Market Size and Forecast, by Function (2024-2032)
8.3. Middle East and Africa Automated Storage and Retrieval System Market Size and Forecast, by Vertical Outlook (2024-2032)
8.4. Middle East and Africa Automated Storage and Retrieval System Market Size and Forecast, by Country (2024-2032)
8.4.1. South Africa
8.4.2. GCC
8.4.3. Nigeria
8.4.4. Rest of ME&A
9. South America Automated Storage and Retrieval System Market Size and Forecast by Segmentation (by Value USD Mn) (2024-2032)
9.1. South America Automated Storage and Retrieval System Market Size and Forecast, by Type (2024-2032)
9.2. South America Automated Storage and Retrieval System Market Size and Forecast, by Function (2024-2032)
9.3. South America Automated Storage and Retrieval System Market Size and Forecast, by Vertical Outlook (2024-2032)
9.4. South America Automated Storage and Retrieval System Market Size and Forecast, by Country (2024-2032)
9.4.1. Brazil
9.4.2. Argentina
9.4.3. Rest Of South America
10. Company Profile: Key Players
10.1. Dematic (USA)
10.1.1. Company Overview
10.1.2. Business Portfolio
10.1.3. Financial Overview
10.1.4. SWOT Analysis
10.1.5. Strategic Analysis
10.1.6. Recent Developments
10.2. Honeywell Intelligrated (USA)
10.3. KUKA Robotics (Germany)
10.4. Mecalux (Spain)
10.5. Swisslog (a part of KUKA Group) (Switzerland)
10.6. Daifuku Co., Ltd. (Japan)
10.7. Stäubli Robotics (Germany)
10.8. Murata Machinery, Ltd. (Japan)
10.9. SSI SCHAEFER (Germany)
10.10. Frazier Industrial Company (USA)
10.11. Interroll Holding AG (Switzerland)
10.12. Kardex Remstar (Switzerland)
10.13. Toshiba Logistics Corporation (Japan)
10.14. TGW Logistics Group (Austria)
10.15. Vanderlande Industries (Netherlands)
10.16. Beumer Group (Germany)
10.17. Locus Robotics (USA)
10.18. RightHand Robotics (USA)
10.19. Octopi by Körber (USA)
10.20. Bastian Solutions (a Körber company) (USA)
11. Key Findings
12. Industry Recommendations
13. Automated Storage and Retrieval System (ASRS) Market: Research Methodology