Global Automated Storage And Retrieval Systems Market Size Study, by Function (Assembly, Distribution), by Vertical (Healthcare, Automotive), by Type, and Regional Forecasts 2022-2032

Description

The global Automated Storage and Retrieval Systems (AS/RS) Market was valued at approximately USD 6.05 billion in 2023 and is expected to grow at a CAGR of 8.0% during the forecast period, reaching around USD 12.09 billion by 2032. The increasing adoption of warehouse automation, the rising need for enhanced supply chain efficiency, and the integration of AI, IoT, and machine learning in automated storage solutions are the primary growth drivers of this market.

AS/RS solutions are designed to streamline warehousing operations by automating material handling, reducing space utilization, and enhancing inventory tracking accuracy. These systems reduce labor costs by up to 60%, optimize vertical storage utilization, and ensure 99.9% pick accuracy, making them a critical investment for industries like e-commerce, automotive, retail, healthcare, and manufacturing. The growing need for faster and error-free order fulfillment in e-commerce and omnichannel retailing is further driving AS/RS adoption.

Additionally, the rise in labor shortages and increasing wages has compelled companies to invest in automation technologies. The demand for micro-fulfillment centers for last-mile delivery, particularly in urban settings, is also boosting market growth. However, high initial investment costs, complex integration requirements, and the need for specialized expertise in operating AS/RS solutions pose challenges to market expansion. Despite these hurdles, advancements in robotics, real-time inventory tracking, and AI-powered automation are fostering significant opportunities for industry growth.

Regional Insights- North America dominated the AS/RS market in 2024, capturing 40.9% of the total market share. The United States remains the primary contributor, with major retailers like Walmart, Amazon, and Target aggressively adopting warehouse automation solutions. The Asia Pacific region is anticipated to witness the fastest growth from 2025 to 2030, driven by rapid industrialization, rising e-commerce penetration, and increasing investments in smart warehouses by companies in China, Japan, and India.

In Europe, the demand for AS/RS is fueled by the automotive and pharmaceutical industries, where high-precision inventory management and compliance with stringent regulations are crucial. Countries like Germany, the UK, and France are leading adopters of advanced automated storage technologies in manufacturing and logistics. Meanwhile, Latin America and the Middle East & Africa are expected to experience moderate growth, with investments in infrastructure, transportation, and logistics modernization fueling demand.

Major Market Players Included in this Report

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

The Detailed Segments and Sub-Segments of the Market are Explained Below:

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

Retail & E-commerce
Healthcare
Automotive
Aerospace & Defense
Electronics & Semiconductors
Others

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Asia Pacific
China
India
Japan
South Korea
Australia
Latin America
Brazil
Middle East & Africa
Saudi Arabia
UAE
South Africa
Key Takeaways
Market Estimates & Forecast for 10 years (2022-2032).
Annualized revenue and regional-level analysis for each market segment.
Detailed geographical landscape with country-level analysis of major regions.
Competitive landscape with market share insights from leading players.
Analysis of key business strategies and recommendations for future market positioning.
Competitive structure evaluation with SWOT analysis of major companies.
Demand-side and supply-side assessment of the market.

Chapter 1. Global Automated Storage and Retrieval Systems Market Executive Summary

1.1. Market Snapshot
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Function
- 1.3.3. By Vertical
1.4. Key Market Trends
1.5. Analyst Recommendations & Conclusion

Chapter 2. Global Automated Storage and Retrieval Systems Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Automated Storage and Retrieval Systems Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising demand for warehouse automation and supply chain optimization
- 3.1.2. Increased labor costs and workforce shortages
- 3.1.3. Growth in e-commerce and omnichannel distribution networks
3.2. Market Challenges
- 3.2.1. High initial investment and operational costs
- 3.2.2. Complexity in integration with existing infrastructure
3.3. Market Opportunities
- 3.3.1. Advancements in AI, IoT, and robotics for AS/RS systems
- 3.3.2. Expansion of micro-fulfillment centers for last-mile delivery
- 3.3.3. Growing adoption of AS/RS in emerging economies

Chapter 4. Global Automated Storage and Retrieval Systems Market Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political Factors
- 4.2.2. Economic Factors
- 4.2.3. Social Factors
- 4.2.4. Technological Factors
- 4.2.5. Environmental Factors
- 4.2.6. Legal Factors
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendations & Conclusion

Chapter 5. Global Automated Storage and Retrieval Systems Market Size & Forecasts by Type, 2022-2032

5.1. Segment Dashboard
5.2. Global Market Revenue Trend Analysis, 2022-2032 (USD Billion)
- 5.2.1. Unit Load Cranes
- 5.2.2. Mini Load Cranes
- 5.2.3. Robotic Shuttle-Based
- 5.2.4. Carousel-Based
- 5.2.5. Vertical Lift Module
- 5.2.6. Robotic Cube-Based

Chapter 6. Global Automated Storage and Retrieval Systems Market Size & Forecasts by Function, 2022-2032

6.1. Segment Dashboard
6.2. Global Market Revenue Trend Analysis, 2022-2032 (USD Billion)
- 6.2.1. Assembly
- 6.2.2. Distribution
- 6.2.3. Kitting
- 6.2.4. Order Picking
- 6.2.5. Storage

Chapter 7. Global Automated Storage and Retrieval Systems Market Size & Forecasts by Vertical, 2022-2032

7.1. Segment Dashboard
7.2. Global Market Revenue Trend Analysis, 2022-2032 (USD Billion)
- 7.2.1. Retail & E-commerce
- 7.2.2. Healthcare
- 7.2.3. Automotive
- 7.2.4. Aerospace & Defense
- 7.2.5. Electronics & Semiconductors
- 7.2.6. Others

Chapter 8. Global Automated Storage and Retrieval Systems Market Size & Forecasts by Region, 2022-2032

8.1. North America Automated Storage and Retrieval Systems Market
- 8.1.1. U.S.
- 8.1.2. Canada
- 8.1.3. Mexico
8.2. Europe Automated Storage and Retrieval Systems Market
- 8.2.1. Germany
- 8.2.2. UK
- 8.2.3. France
- 8.2.4. Italy
- 8.2.5. Spain
- 8.2.6. Rest of Europe
8.3. Asia-Pacific Automated Storage and Retrieval Systems Market
- 8.3.1. China
- 8.3.2. India
- 8.3.3. Japan
- 8.3.4. Australia
- 8.3.5. South Korea
- 8.3.6. Rest of Asia Pacific
8.4. Latin America Automated Storage and Retrieval Systems Market
- 8.4.1. Brazil
- 8.4.2. Mexico
- 8.4.3. Rest of Latin America
8.5. Middle East & Africa Automated Storage and Retrieval Systems Market
- 8.5.1. Saudi Arabia
- 8.5.2. UAE
- 8.5.3. South Africa
- 8.5.4. Rest of Middle East & Africa

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Dematic (KION GROUP AG)
- 9.1.2. Daifuku Co., Ltd.
- 9.1.3. SSI SCHAEFER Group
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Dematic (KION GROUP AG)
- 9.3.2. Daifuku Co., Ltd.
- 9.3.3. Kardex
- 9.3.4. Murata Machinery, Ltd.
- 9.3.5. SSI SCHAEFER Group
- 9.3.6. TGW Logistics Group
- 9.3.7. Mecalux, S.A.
- 9.3.8. KNAPP AG
- 9.3.9. BEUMER Group
- 9.3.10. KUKA AG
- 9.3.11. Bastian Solutions, LLC
- 9.3.12. System Logistics S.p.A.
- 9.3.13. Exotec
- 9.3.14. Attabotics
- 9.3.15. OPEX Corporation

Chapter 10. Research Process

10.1. Research Methodology
- 10.1.1. Data Collection Methods
- 10.1.2. Market Estimation Techniques
- 10.1.3. Market Validation
- 10.1.4. Final Publication