Automated Storage Retrieval System Market Size

ID: MRFR/SEM/2599-CR

200 Pages

Shubham Munde

July 2025

Automated Storage and Retrieval System Market 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) - Forecast to 2035

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Automated Storage Retrieval System Size

Automated Storage Retrieval System Market Growth Projections and Opportunities

The Automated Storage and Retrieval System (ASRS) market is influenced by several key factors that shape its dynamics and growth trajectory. One significant market factor is the increasing demand for efficient warehouse management solutions across various industries. As businesses strive to optimize their operations and reduce costs, the adoption of ASRS systems becomes imperative. These systems offer benefits such as maximized storage space utilization, enhanced inventory accuracy, and faster order fulfillment, driving their popularity in the market.

Moreover, technological advancements play a crucial role in shaping the ASRS market landscape. Innovations in robotics, sensors, and automation software have enabled the development of more sophisticated and reliable ASRS solutions. These advancements not only improve system performance but also lower maintenance costs, making ASRS systems more attractive to potential buyers. Additionally, the integration of artificial intelligence and machine learning algorithms further enhances the capabilities of ASRS systems, allowing them to adapt to changing warehouse environments and optimize operations in real-time.

Another significant factor influencing the ASRS market is the rising e-commerce industry. With the exponential growth of online shopping, businesses are under increasing pressure to streamline their logistics and fulfillment processes. ASRS systems offer a viable solution by automating tasks such as storage, picking, and packing, thereby enabling e-commerce companies to meet customer demands efficiently. As a result, the demand for ASRS solutions is expected to surge in tandem with the continued expansion of the e-commerce sector.

Furthermore, globalization has a profound impact on the ASRS market, driving the need for efficient supply chain management solutions. As businesses expand their operations to new markets and serve customers worldwide, they require advanced warehousing systems capable of handling complex distribution networks. ASRS systems provide scalability and flexibility, allowing companies to adapt to changing market demands and expand their global footprint with ease. This aspect makes ASRS solutions highly attractive to multinational corporations and logistics providers seeking to optimize their supply chain operations.

Additionally, the focus on sustainability and environmental responsibility is influencing the ASRS market. Companies are increasingly seeking eco-friendly solutions that minimize energy consumption and reduce carbon emissions. ASRS systems offer benefits such as energy-efficient operations, reduced material wastage, and lower carbon footprint compared to traditional warehouse setups. As sustainability becomes a key consideration for businesses worldwide, the demand for ASRS solutions is expected to grow, driving further innovation in the market.

Moreover, government regulations and initiatives also impact the ASRS market dynamics. Authorities are implementing policies aimed at promoting automation and improving logistics efficiency to support economic growth. Incentives such as tax breaks and subsidies encourage businesses to invest in ASRS technologies, fostering market growth. Additionally, regulatory compliance requirements related to safety, data security, and labor standards influence the design and implementation of ASRS systems, shaping market trends and driving innovation in the industry.

Automated Storage Retrieval System Market Size Graph

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.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Market Summary

As per Market Research Future Analysis, the Global Automated Storage and Retrieval Systems (ASRS) Market was valued at USD 9290.70 billion in 2024 and is projected to reach USD 21053.24 billion by 2035, growing at a CAGR of 7.72% from 2025 to 2035. The market is driven by the rising demand for efficient inventory management, space optimization, and cost reduction, particularly in the automotive and retail sectors. The adoption of ASRS is further fueled by advancements in technology and the Fourth Industrial Revolution, enhancing manufacturing accuracy and efficiency.

Key Market Trends & Highlights

The ASRS market is witnessing significant growth due to various trends.

Market Size in 2024: USD 9290.70 billion. Projected Market Size by 2035: USD 21053.24 billion. CAGR from 2025 to 2035: 7.72%. Largest Market Share in 2022: Carousel based ASRS.

Automated Storage Retrieval System Market

CAGR

7.72%

Market Size & Forecast

2024 Market Size	USD 9290.70 billion
2035 Market Size	USD 21053.24 billion
CAGR (2025-2035)	7.72%

Major Players

Honeywell International Inc., Murata Machinery Ltd, SSI Schaffer Group, Hairobotics, Exotec, Opex Corporation, Toyota Industries Corporation, Bastian Solutions, Vanderland Industries BV, Swisslog Holdings AG, Kardex, Autostore Holdings Ltd.

Market Trends

The Global Automated Storage and Retrieval System (ASRS) industry is changing a lot because people want warehouses and logistics to be more efficient and accurate. As more and more people use e-commerce, the demand for better inventory management systems has grown. This is because companies want to speed up order fulfilment and save expenses.

The growing cost of labour in many areas and the requirement for storage solutions that save space are two of the main factors driving the industry. Companies are looking for methods to make their supply chains work better, which has sped up the move to automated systems. There are many chances to be had in the worldwide market, especially as sectors like retail, automotive, and healthcare start to see how useful automated storage systems can be.

Advanced technologies like AI, the IoT, and robots are changing how warehouses work all across the globe. This opens up new ways for ASRS to innovate. Companies may improve their operations even more by using enhanced data analytics. This helps them get the most out of their storage and retrieval procedures. Recent trends also show that organizations are focusing on sustainability by using greener technology in their logistics plans to lower their carbon footprint. Automation makes storage facilities more productive and uses energy more efficiently.

The need for eco-friendly automated solutions is anticipated to expand as businesses become more conscious of how important it is to think about the environment. The worldwide ASRS industry is changing quickly as more and more warehouses become "smart." This is a time of fast change and adaptability to new problems in logistics and supply chain management.

Automated Storage Retrieval System Market 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

Automated Storage and Retrieval System Market Type Insights

The Automated Storage and Retrieval System Market showcases a rich tapestry of market segments categorized primarily by Type, reflecting the varied landscape of solutions available within this growing industry. The market is positioned for significant growth, with anticipated revenue reaching 9.29 USD Billion by 2024 and projected to climb to 20.97 USD Billion by 2035, a clear indication of the accelerating demand for automated solutions.

Among the prominent categories, Load Based ASRS stands out with a valuation of 3.0 USD Billion in 2024, predicted to increase to 6.9 USD Billion by 2035, largely due to its efficiency in handling heavy loads and optimizing storage space.It serves as a backbone in industries such as manufacturing and distribution, where real-time inventory management is crucial.

The Shuttle and Bot-Based ASRS, valued at 2.5 USD Billion in 2024 and expected to reach 5.8 USD Billion in 2035, is gaining traction due to its agility and flexibility in navigating complex warehouse layouts, making it essential for e-commerce and retail sectors that require fast fulfillment times. Another key category, Carousel Based systems, recorded a market value of 1.8 USD Billion in 2024, which is anticipated to grow to 4.2 USD Billion by 2035.These systems excel in compact storage solutions, allowing businesses to maximize floor space while ensuring quick access to products, thus directly supporting inventory efficiency.

Automated Storage and Retrieval System Market Industry Vertical Insights

The Automated Storage and Retrieval System Market is poised for significant growth, projected to be valued at 9.29 USD Billion in 2024 and increasing substantially to 20.97 USD Billion by 2035. This growth reflects an expected compound annual growth rate (CAGR) of 7.68% from 2025 to 2035, underscoring the rising demand for efficient storage solutions across various sectors of the industry.

The market includes diverse segments such as Automotive, Metals and Machinery, Food and Beverages, Chemicals, Healthcare, Semiconductor and Electronics, Retail and E-Commerce, Aviation, and Others. Each industry vertical exhibits unique characteristics and demand patterns, driving the utilization of automated storage and retrieval solutions.

For instance, the Automotive sector benefits from automation to optimize inventory management and manufacturing processes, while Healthcare relies on these systems for accurate and efficient drug storage and retrieval. The Food and Beverages segment places emphasis on maintaining storage conditions, which automated systems can effectively manage. Retail and E-Commerce, driven by the need for fast order fulfillment, has also seen significant adoption of automated technologies to enhance efficiency and customer satisfaction.

Get more detailed insights about Automated Storage and Retrieval System Market Research Report - Forecast 2035

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 Insights

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Players and Competitive Insights

The Automated Storage and Retrieval System Market has emerged as a dynamic arena characterized by rapid technological advancements and a growing demand for efficiency in warehousing and distribution processes. Companies operating in this market are constantly striving to enhance their product offerings to meet the diverse needs of various industries, including retail, manufacturing, and logistics.

The competitive landscape is shaped by a mix of established players and innovative newcomers, all of whom are leveraging cutting-edge technologies, such as artificial intelligence and the Internet of Things, to deliver smarter and more integrated solutions. The market is witnessing strategic partnerships, mergers, and acquisitions that enable companies to expand their capabilities and reach a broader customer base, ultimately enhancing their competitive edge.KION Group stands out as a strong player in the Automated Storage and Retrieval System Market, widely recognized for its comprehensive range of products and solutions tailored to optimize warehouse operations.

The company has established a significant global presence, leveraging its extensive experience and innovative technologies to meet customer needs. KION Group's strengths lie in its ability to provide customized solutions that enhance operational efficiency and reduce costs for its clients.

The company benefits from a robust supply chain and a well-established network that facilitates a swift response to market demands. Moreover, KION Group's focus on continuous innovation and improving its product portfolio positions it favorably against its competitors, enabling it to address the evolving challenges of automated storage and retrieval systems effectively.Swisslog is another formidable participant in the Automated Storage and Retrieval System Market, known for its intelligent automation solutions designed to streamline logistics and warehouse management.

The company offers a range of key products, including automated guided vehicles and sophisticated warehouse management software, which form an integral part of its value proposition.

With a strong commitment to innovation, Swisslog has successfully positioned itself as a leader in integrated logistics solutions, reflecting its strengths in addressing complex customer needs in diverse industries. The company has actively pursued mergers and acquisitions to enhance its technological capabilities and expand its market footprint, allowing for a robust synergetic approach to product development. Swisslog's strategic initiatives and emphasis on intelligent automation ensure that it remains competitive in the global market, making it a notable contender as businesses increasingly prioritize automation in their logistical operations.

Key Companies in the Automated Storage Retrieval System Market market include

Industry Developments

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 Retrieval System Market Future Outlook

The Automated Storage and Retrieval System Market is projected to grow at a 7.68% CAGR from 2025 to 2035, driven by advancements in automation, e-commerce growth, and supply chain optimization.

New opportunities lie in:

Invest in AI-driven analytics to enhance inventory management efficiency. Develop modular ASRS solutions for small to medium enterprises. Leverage IoT integration for real-time monitoring and predictive maintenance.

By 2035, the market is expected to exhibit robust growth, reflecting increased automation adoption and technological advancements.

Market Segmentation

Automated Storage and Retrieval System Market Type Outlook

{""=>["Automotive"
"Metals And Machinery"
"Food And Beverages"
"Chemicals"
"Healthcare"
"Semiconductor And Electronics"
"Retail And E-Commerce"
"Aviation"
"Others"]}

Automated Storage and Retrieval System Market Industry Vertical Outlook

{""=>["North America"
"Europe"
"South America"
"Asia Pacific"
"Middle East and Africa"]}

Report Scope

Report Attribute/Metric	Details
Market Size 2024	9.29 (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	KION Group, Swisslog, Vanderlande, System Logistics, Mecalux, Daifuku, Fives Group, Dematic, Schaefer Systems International, Knapp AG, TGW Logistics Group, Honeywell,
Segments Covered	Type, Industry Vertical, Regional
Key Market Opportunities	Increasing e-commerce demand, Warehouse optimization needs, Adoption of Industry 4.0 technologies, Rising labor costs, Expansion of cold storage solutions
Key Market Dynamics	Increased automation demand, labor cost reduction, inventory management efficiency, technological advancements, supply chain optimization
Countries Covered	North America, Europe, APAC, South America, MEA
Market Size 2025	10007.96 (USD Billion)