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Automated Storage and Retrieval System Market

ID: MRFR/SEM/2599-CR
200 Pages
Shubham Munde
July 2025

Automated Storage and Retrieval System Market Size, Share and Research Report By Type (Load Based ASRS, Shuttle And Bot-Based ASRS, Carousel Based, Vertical Lift Module (VLM) ASRS), By Industry Vertical (Automotive, Metals And Machinery, Food And Beverages, Chemicals, Healthcare, Semiconductor And Electronics, Retail And E-Commerce, Aviation, Others) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Industry Forecast Till 2035

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Summary Table of Contents Segmentation Download PDF

Automated Storage and Retrieval System Market Summary

As per Market Research Future analysis, the Automated Storage Retrieval System Market, also referred to as the automated storage retrieval system and asrs automated storage retrieval system, Size was estimated at 9290.7 USD Billion in 2024. The automated storage and retrieval system asrs industry is projected to grow from 10007.96 USD Billion in 2025 to 21053.24 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 7.72% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Automated Storage Retrieval System Market is experiencing robust growth driven by technological advancements and evolving consumer demands.

  • Technological advancements are enhancing the efficiency and accuracy of automated storage systems, particularly in North America.
  • Sustainability initiatives are increasingly influencing market strategies, with companies seeking eco-friendly solutions in the Asia-Pacific region.
  • Customization and flexibility are becoming essential as businesses adapt to diverse operational needs, especially in the warehouse management segment.
  • The rising demand for efficiency and the challenges posed by labor shortages are significant drivers propelling market growth in both e-commerce and healthcare sectors.

Market Size & Forecast

2024 Market Size 9290.7 (USD Billion)
2035 Market Size 21053.24 (USD Billion)
CAGR (2025 - 2035) 7.72%

Major Players

Dematic (US), Kardex Remstar (DE), SSI Schaefer (DE), Honeywell Intelligrated (US), Mecalux (ES), Swisslog (CH), Daifuku (JP), Vanderlande (NL), Schaefer (DE) — representing leading automated storage and retrieval system companies.

Automated Storage and Retrieval System Market Trends

The Automated Storage Retrieval System Market is currently experiencing a transformative phase, driven by advancements in technology and increasing demand for efficiency in logistics and warehousing. Companies are increasingly adopting automated retrieval systems, automated retrieval, and automated warehouse storage solutions to streamline operations, reduce labor costs, and enhance accuracy in inventory management. This shift towards automation is not merely a trend but appears to be a fundamental change in how businesses approach storage and retrieval processes using as/rs storage system technologies.

Moreover, the rise of e-commerce and the need for rapid fulfillment are propelling investments in warehouse automated storage retrieval system deployments. Businesses are recognizing the potential of asrs automated storage and retrieval system solutions to improve order processing times and minimize errors. The market landscape is evolving, with various sectors increasingly leveraging automated storage retrieval system asrs platforms. This diversification indicates a broad acceptance of automation across industries, potentially leading to innovative applications and further market expansion in the coming years.

Technological Advancements

The Automated Storage Retrieval System Market is witnessing rapid technological advancements, particularly in artificial intelligence and machine learning. These innovations enhance system efficiency, enabling smarter inventory management and predictive analytics. As a result, businesses can optimize their storage solutions, leading to improved operational performance.

Sustainability Initiatives

There is a growing emphasis on sustainability within the Automated Storage Retrieval System Market. Companies are increasingly seeking eco-friendly solutions that minimize energy consumption and reduce waste. This trend reflects a broader commitment to environmental responsibility, influencing purchasing decisions and system designs.

Customization and Flexibility

The demand for customized and flexible automated storage solutions is on the rise. Businesses are looking for systems that can adapt to their specific needs and operational requirements. This trend indicates a shift towards more tailored solutions, allowing organizations to maximize efficiency and effectiveness in their storage processes.

Automated Storage and Retrieval System Market Drivers

Growing Demand for Warehouse Automation

The Global Automated Storage and Retrieval System Market Industry is experiencing a surge in demand for warehouse automation solutions. As e-commerce continues to expand, companies are increasingly investing in automated systems to enhance efficiency and reduce operational costs. In 2024, the market is projected to reach 9.29 USD Billion, driven by the need for faster order fulfillment and improved inventory management. The integration of automated storage and retrieval systems allows businesses to optimize space utilization and streamline logistics operations, which is crucial in meeting the growing consumer expectations for rapid delivery.

Market Segment Insights

By Application: Warehouse Management (Largest) vs. Retail (Fastest-Growing)

In the Automated Storage Retrieval System Market, the application segment is notably diversified, with Warehouse Management holding the largest market share. This is primarily due to the growing need for efficient inventory management solutions. Manufacturing also contributes significantly, benefiting from streamlined operations and increased automation. Retail, while currently smaller, is rapidly expanding as retailers seek innovative ways to enhance customer experience and operational efficiency. The Pharmaceutical and Automotive sectors are also present, focusing on safety and precision in storage and retrieval processes.

Warehouse Management: Dominant vs. Retail: Emerging

Warehouse Management stands as the dominant application within the Automated Storage Retrieval System Market, attributed to its critical role in optimizing inventory processes. It effectively integrates with existing supply chains and leverages technology for real-time monitoring, resulting in improved accuracy and efficiency. Retail, on the other hand, is emerging as a vital application, driven by the need for fast and flexible storage solutions to meet consumer demands. Retailers are increasingly adopting automated systems to enhance stock management and reduce labor costs, thereby positioning this segment for substantial growth. Both segments reflect the trend towards greater automation and efficiency in diverse operational environments.

By End Use: E-commerce (Largest) vs. Healthcare (Fastest-Growing)

The Automated Storage Retrieval System market is predominantly driven by the E-commerce sector, which has emerged as the largest segment, showcasing significant demand for efficient order fulfillment and inventory management solutions. With the rise of online shopping, companies are increasingly investing in automated systems to enhance their operational efficiency, leading to a substantial share in the overall market. In contrast, sectors like Healthcare are experiencing rapid growth as hospitals and clinics adopt automation for better inventory management, especially concerning critical supplies and pharmaceuticals.

E-commerce (Dominant) vs. Healthcare (Emerging)

In the Automated Storage Retrieval System market, E-commerce stands out as the dominant value, capitalizing on its need for swift, automated solutions to manage high volumes of orders and improve customer satisfaction. This segment thrives on advancements in technology that optimize warehouse operations and reduce human labor costs. Conversely, the Healthcare sector is an emerging player, focusing on streamlining inventory control to avoid stock shortages and improve patient care. Healthcare providers are increasingly adopting automation to manage supplies, reflecting a trend towards precision and efficiency in sourcing and stocking essential items.

By System Type: Unit Load (Largest) vs. Autonomous Mobile Robot (Fastest-Growing)

Unit Load systems, including unit load asrs, are preferred for high-density and heavy-load environments. Mini-load systems such as miniload automated warehouse solutions support smaller item handling. Carousel-based systems contribute to the broader horizontal carousels market, particularly for picking-intensive applications. Meanwhile, Shuttle Systems and Autonomous Mobile Robots present competitive shares, but exhibit distinct advantages for dynamic storage needs and autonomous operations, respectively.

Unit Load (Dominant) vs. Autonomous Mobile Robot (Emerging)

Unit Load systems are the backbone of high-capacity automated storage solutions, designed for bulk handling of large items. They provide efficiency and speed, significantly impacting productivity in large-scale operations. In contrast, Autonomous Mobile Robots are revolutionizing the market by introducing flexibility and dynamic routing capabilities, making them ideal for environments that require adaptability. The growth of e-commerce and the need for quicker turnaround times are propelling the adoption of these mobile systems. While Unit Load systems maintain dominance due to their robustness, Autonomous Mobile Robots are positioned to capture emerging markets, catering to the increasing demand for automation in warehouses and distribution centers.

By Technology: Radio Frequency Identification (Largest) vs. Automated Guided Vehicle (Fastest-Growing)

In the Automated Storage Retrieval System Market, the technology segment showcases a varied distribution with Radio Frequency Identification (RFID) taking the lead due to its efficient tracking capabilities and widespread adoption across industries. Following closely are Automated Guided Vehicles (AGVs), which are gaining traction due to their ability to automate transport tasks in warehouses and distribution centers. Other notable segment values like Barcode Scanning, Artificial Intelligence, and Machine Learning are also integral to the market, contributing to a holistic approach to automated storage solutions.

Technology: RFID (Dominant) vs. AGVs (Emerging)

Radio Frequency Identification (RFID) technology is dominating the Automated Storage Retrieval System Market owing to its accuracy and reliability in inventory management and tracking, significantly enhancing operational efficiency. In contrast, Automated Guided Vehicles (AGVs) represent an emerging segment with rapid adoption driven by advancements in navigation technologies and the increasing demand for automation in material handling. While RFID integrates seamlessly with existing systems to enhance productivity, AGVs offer flexibility and scalability, appealing to businesses aiming to optimize their logistics operations. The combination of these technologies fosters a more intelligent and automated supply chain, meeting the evolving needs of the industry.

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Regional Insights

The Automated Storage and Retrieval System Market is showing substantial regional dynamics, with a total valuation in North America of 3.25 USD Billion in 2024, which is expected to grow to 7.1 USD Billion by 2035, reflecting its significant role as a leader in the industry. Europe follows closely with an initial valuation of 2.8 USD Billion in 2024, projected to reach 6.7 USD Billion by 2035, driven by advancements in technology and automation in warehouse management.

The Asia Pacific region holds a considerable market share valued at 2.7 USD Billion in 2024, expected to increase to 4.9 USD Billion by 2035, showcasing the rapid industrial growth and increasing demand for automated solutions.Meanwhile, South America and the Middle East and Africa present smaller segments; South America is valued at 0.55 USD Billion in 2024, anticipated to grow to 1.3 USD Billion by 2035, while the Middle East and Africa market stands at 0.99 USD Billion in 2024, with a future projection of 1.97 USD Billion.

The majority holding in North America emphasizes its technological advancements and high adoption rates of automated systems, making it a crucial player in the Automated Storage and Retrieval System Market, whereas Europe benefits from stringent regulations favoring automation, enhancing operational efficiency across industries.

Automated Storage and Retrieval System Market Regional Image

Key Players and Competitive Insights

The Automated Storage Retrieval System Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for efficiency in logistics and warehousing. Key players such as Dematic (DE), Honeywell Intelligrated (US), and Daifuku (JP) are strategically positioning themselves through innovation and partnerships. Dematic (DE) focuses on integrating AI and robotics into their systems, enhancing operational efficiency. Meanwhile, Honeywell Intelligrated (US) emphasizes digital transformation, leveraging data analytics to optimize supply chain processes. Daifuku (JP) is expanding its global footprint, particularly in Asia, to capitalize on the growing e-commerce sector. Collectively, these strategies contribute to a competitive environment that prioritizes technological integration and operational excellence. In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. The market appears moderately fragmented, with several players vying for market share. However, the influence of major companies is substantial, as they set benchmarks for innovation and service quality. This competitive structure encourages smaller firms to adopt advanced technologies to remain relevant, thereby fostering a culture of continuous improvement across the sector. In November 2025, Dematic (DE) announced a partnership with a leading e-commerce platform to develop a customized automated storage solution aimed at enhancing order fulfillment efficiency. This strategic move is likely to bolster Dematic's market position by aligning its offerings with the specific needs of the rapidly evolving e-commerce landscape, thereby increasing its competitive edge. In October 2025, Honeywell Intelligrated (US) launched a new AI-driven software platform designed to optimize warehouse operations. This initiative underscores the company's commitment to digital transformation, as it seeks to provide clients with real-time insights and predictive analytics. Such advancements may significantly enhance operational efficiency and reduce costs for clients, positioning Honeywell as a leader in the integration of AI within automated systems. In September 2025, Daifuku (JP) expanded its operations in Southeast Asia by opening a new manufacturing facility in Vietnam. This expansion is indicative of Daifuku's strategy to tap into the burgeoning logistics market in the region, driven by increasing demand for automated solutions. By localizing production, Daifuku aims to enhance its responsiveness to market needs and reduce operational costs, thereby strengthening its competitive position. As of December 2025, the most pressing trends in the Automated Storage Retrieval System Market include a pronounced shift towards digitalization, sustainability, and AI integration. Strategic alliances are increasingly shaping the competitive landscape, as companies collaborate to enhance their technological capabilities. The focus appears to be shifting from price-based competition to differentiation through innovation and reliability in supply chains. This evolution suggests that future competitive advantages will hinge on the ability to integrate advanced technologies and respond swiftly to market demands.

Key Companies in the Automated Storage and Retrieval System Market include

Industry Developments

Recent developments highlight rising investments by asrs systems manufacturers to expand production capacity and develop cost-optimized solutions addressing asrs system cost and automated storage retrieval system cost concerns.

  • Q2 2024: Swisslog to deliver automated storage and retrieval system for new Walmart distribution center Swisslog announced it will supply an automated storage and retrieval system (ASRS) for Walmart’s new high-tech distribution center in Indiana, marking a major contract win in the U.S. retail logistics sector.
  • Q2 2024: Daifuku opens new manufacturing facility in Ohio to expand ASRS production Daifuku officially opened a new manufacturing plant in Ohio dedicated to producing automated storage and retrieval systems, aiming to meet rising demand in North America.
  • Q3 2024: Kardex partners with Siemens to integrate advanced robotics into ASRS solutions Kardex announced a strategic partnership with Siemens to incorporate advanced robotics and AI into its automated storage and retrieval system offerings, targeting increased efficiency and flexibility for warehouse operators.
  • Q2 2024: Fabric raises $200M Series C to scale micro-fulfillment ASRS technology Fabric, a provider of automated micro-fulfillment solutions, secured $200 million in Series C funding to accelerate the deployment of its ASRS technology in urban logistics centers.
  • Q1 2025: SSI Schaefer launches new shuttle-based ASRS for cold storage applications SSI Schaefer unveiled a new shuttle-based automated storage and retrieval system designed specifically for cold storage environments, addressing the growing need for temperature-controlled logistics.
  • Q2 2025: AutoStore appoints new CEO to drive global ASRS expansion AutoStore announced the appointment of a new Chief Executive Officer, signaling a renewed focus on international growth and innovation in automated storage and retrieval systems.
  • Q1 2024: Exotec secures $150M investment to expand ASRS footprint in North America Exotec, a French robotics company specializing in automated storage and retrieval systems, raised $150 million to support its expansion into the North American market.
  • Q3 2024: Murata Machinery wins contract to supply ASRS for new Toyota parts distribution center Murata Machinery was awarded a contract to deliver automated storage and retrieval systems for Toyota’s new parts distribution facility in Japan, enhancing supply chain automation.
  • Q2 2025: KNAPP AG opens innovation center for ASRS development in Austria KNAPP AG inaugurated a new innovation center in Graz, Austria, focused on research and development of next-generation automated storage and retrieval systems.
  • Q1 2025: Bastian Solutions launches modular ASRS platform for e-commerce fulfillment Bastian Solutions introduced a modular automated storage and retrieval system platform tailored for e-commerce fulfillment centers, aiming to improve scalability and speed.
  • Q4 2024: TGW Logistics Group secures ASRS contract with leading European grocery retailer TGW Logistics Group announced a major contract to supply automated storage and retrieval systems to a top European grocery retailer, supporting the retailer’s warehouse automation strategy.
  • Q3 2025: Mecalux unveils new vertical lift module ASRS for pharmaceutical sector Mecalux launched a new vertical lift module automated storage and retrieval system designed for pharmaceutical warehouses, focusing on space optimization and regulatory compliance.

Future Outlook

Automated Storage and Retrieval System Market Future Outlook

The Automated Storage Retrieval System Market is projected to grow at a 7.72% CAGR from 2025 to 2035, driven by advancements in technology, increased automation, and rising demand for efficiency.

New opportunities lie in:

  • Integration of AI-driven inventory management systems Expansion into emerging markets with tailored solutions Development of modular ASRS for diverse industry applications

By 2035, the market is expected to be robust, reflecting substantial growth and innovation.

Market Segmentation

Automated Storage Retrieval System Market End Use Outlook

  • E-commerce
  • Food and Beverage
  • Healthcare
  • Electronics
  • Logistics

Automated Storage Retrieval System Market Technology Outlook

  • Barcode Scanning
  • Radio Frequency Identification
  • Automated Guided Vehicle
  • Artificial Intelligence
  • Machine Learning

Automated Storage Retrieval System Market Application Outlook

  • Warehouse Management
  • Manufacturing
  • Retail
  • Pharmaceutical
  • Automotive

Automated Storage Retrieval System Market System Type Outlook

  • Unit Load
  • Mini Load
  • Vertical Lift Module
  • Autonomous Mobile Robot
  • Shuttle System

Report Scope

MARKET SIZE 2024 9290.7(USD Billion)
MARKET SIZE 2025 10007.96(USD Billion)
MARKET SIZE 2035 21053.24(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 7.72% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Dematic (DE), Kardex Remstar (DE), SSI Schaefer (DE), Honeywell Intelligrated (US), Mecalux (ES), Daifuku (JP), Swisslog (CH), Vanderlande (NL), Murata Machinery (JP)
Segments Covered Application, End Use, System Type, Technology
Key Market Opportunities Integration of artificial intelligence enhances efficiency in the Automated Storage Retrieval System Market.
Key Market Dynamics Rising demand for efficiency drives innovation and competition in the Automated Storage Retrieval System market.
Countries Covered North America, Europe, APAC, South America, MEA

Market Highlights

Author
Shubham Munde
Research Analyst Level II

With a technical background in information technology & semiconductors, Shubham has 4.5+ years of experience in market research and analytics with the tasks of data mining, analysis, and project execution. He is the POC for our clients, for their consulting projects running under the ICT/Semiconductor domain. Shubham holds a Bachelor’s in Information and Technology and a Master of Business Administration (MBA). Shubham has executed over 150 research projects for our clients under the brand name Market Research Future in the last 2 years. His core skill is building the research respondent relation for gathering the primary information from industry and market estimation for niche markets. He is having expertise in conducting secondary & primary research, market estimations, market projections, competitive analysis, analysing current market trends and market dynamics, deep-dive analysis on market scenarios, consumer behaviour, technological impact analysis, consulting, analytics, etc. He has worked on fortune 500 companies' syndicate and consulting projects along with several government projects. He has worked on the projects of top tech brands such as IBM, Google, Microsoft, AWS, Meta, Oracle, Cisco Systems, Samsung, Accenture, VMware, Schneider Electric, Dell, HP, Ericsson, and so many others. He has worked on Metaverse, Web 3.0, Zero-Trust security, cyber-security, blockchain, quantum computing, robotics, 5G technology, High-Performance computing, data centers, AI, automation, IT equipment, sensors, semiconductors, consumer electronics and so many tech domain projects.

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FAQs

What is the projected market size of the Automated Storage and Retrieval System Market by 2035?

The projected market size of the Automated Storage and Retrieval System Market is expected to reach 20.97 USD Billion by 2035.

What was the market value of the Automated Storage and Retrieval System Market in 2024?

The market value of the Automated Storage and Retrieval System Market in 2024 is estimated to be 9.29 USD Billion.

What is the expected CAGR of the Automated Storage and Retrieval System Market from 2025 to 2035?

The expected CAGR for the Automated Storage and Retrieval System Market from 2025 to 2035 is 7.68%.

Which region holds the largest market share in the Automated Storage and Retrieval System Market?

North America holds the largest market share in the Automated Storage and Retrieval System Market.

What is the market value of North America in the Automated Storage and Retrieval System Market for 2024?

The market value of North America in the Automated Storage and Retrieval System Market for 2024 is estimated to be 3.25 USD Billion.

What are the major players in the Automated Storage and Retrieval System Market?

Major players in the Automated Storage and Retrieval System Market include KION Group, Swisslog, Vanderlande, and Daifuku.

What is the market size for Load Based ASRS in 2024?

The market size for Load Based ASRS in 2024 is valued at 3.0 USD Billion.

Which type of Automated Storage and Retrieval System is projected to grow significantly by 2035?

The Shuttle And Bot-Based ASRS is projected to grow significantly and reach 5.8 USD Billion by 2035.

What is the projected market value for Europe in the Automated Storage and Retrieval System Market by 2035?

The projected market value for Europe in the Automated Storage and Retrieval System Market by 2035 is 6.7 USD Billion.

What factors are driving the growth of the Automated Storage and Retrieval System Market?

The growth of the Automated Storage and Retrieval System Market is driven by increasing demand for automation in warehousing and logistics.

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