The automated storage and retrieval system market has experienced strong growth in recent years, escalating from $10.42 billion in 2024 to $11.34 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. This growth can be credited to factors such as the increasing focus on warehouse optimization, efficiency, and labor cost reduction, increased demand for e-commerce and online retail, and efficient space utilization in warehousing and distribution centers.
The market is expected to witness substantial growth in the coming years, reaching $15.94 billion in 2029 at a CAGR of 8.9%. This growth forecast is fuelled by the demand for sustainable and eco-friendly warehousing solutions, market penetration in emerging economies, and the expansion of high-density storage industries like healthcare and automotive. Key trends in this period include technological advancements in robotics, AI integration, real-time data analytics, and shuttle systems for cold storage.
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What Are the Key Growth Drivers of the Automated Storage and Retrieval System Market?
The rapid increase in industrial automation demand significantly contributes to the growth of the automated storage and retrieval system market. Automation technologies are widely employed in various industries to minimize human intervention, cut down errors, reduce repetitive tasks, and lower processing costs. The increased usage of automation is directly promoting the use of automated storage and retrieval systems.
What Are the Key Segments within the Automated Storage and Retrieval System Market?
1) By Type: Unit Load, Mid Load, Vertical Lift Module, Carousel, Mini Load
2) By Function: Distribution, Storage, Assembly, Kitting, Order Picking
3) 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
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What Are the Major Companies Operating in the Automated Storage and Retrieval System Market?
Key players in this market include Schaefer Systems International Pvt. Ltd., Beumer Group, Daifuku Co. Ltd., Dematic (Kion Group AG), Honeywell International Inc., Kardex Holding AG, Knapp AG, Murata Machinery Singapore Pte. Ltd., TGW Logistics Group, Swisslog Holding AG, Mecalux SA, System Logistics S.p.A., Vanderlande Industries, Westfalia Technologies Inc., KUKA Deutschland GmbH, Toyota Industries Corporation, Viastore Systems GmbH, Bastian Solutions LLC, Conveyor Handling Company Inc., Flexcon Company Inc., Frazier Industrial Company, Hanel Storage Systems, Interlake Mecalux Inc., Kasto Maschinenbau GmbH & Co. KG, KION Group AG, Raymond Corporation, SencorpWhite Inc., Stöcklin Logistik AG, Grey Orange Pte. Ltd., Vecna Robotics Inc., Fives S.A.S., ASYST Automation, Symbotic.
What Are the Emerging Trends in the Automated Storage and Retrieval System Market?
Technological advancements are significantly impacting the automated storage and retrieval system market. Major companies are developing advanced storage systems with cutting-edge technologies. An example is Mecalux’s innovative 3D Automated Pallet Shuttle and Shuttle System, which enhance high-density storage solutions.
Which Region Is Playing a Pioneering Role in the Automated Storage and Retrieval System Market?
The largest region in the automated storage and retrieval system market in 2024 was Western Europe. However, Asia-Pacific is expected to be the fastest-growing region in the forecast period. The covered regions in the report extend to Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does the Automated Storage and Retrieval System Market Report 2025 Offer?
Automated storage and retrieval system refers to the application of computers and robots to store and retrieve goods in designated locations. They optimize space utilization, reduce labor costs, and improve order fulfillment speed, making them vital in modern warehousing and logistics operations.
The Automated Storage and Retrieval System Market research report from The Business Research Company delivers global market size, growth rate, regional shares, competitor analysis, comprehensive segments, trends, and opportunities.
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