The global automated storage and retrieval system market size was calculated at USD 9,930 million in 2024 and is predicted to attain around USD 21,440 million by 2034, expanding at a CAGR of 8% from 2025 to 2034.
| Industry Worth | Details |
| Market Size in 2025 | USD 10,720 Million |
| Market Size by 2034 | USD 21,440 Million |
| Market Growth Rate from 2025 to 2034 | CAGR of 8% |
Introduction automated storage and retrieval systems are sophisticated, computerized systems that are used to store and retrieve products in warehouses and distribution centers. Consisting of elements such as cranes, conveyors, and shuttle systems, ASRS improves inventory management by automating the storage and retrieval of products, thus eliminating manual labor, minimizing errors, and maximizing errors and maximizing space usage. ASRS is a key component of contemporary logistics, providing quick, efficient, and affordable solutions for the handling of high volumes of products.
ASRS technology has applications in many different industries, including automotive, e-commerce, pharmaceuticals, and food and beverage industries. In the automobile industry, ASRS enables just-in-time stock control, whereas in e-commerce, it enables quick order fulfillment. Pharmaceutical firms use ASRS for safe and effective storage of sensitive items, and the food and beverage sector enjoys its capacity for product integrity through controlled conditions.
Europe
As of 2024, Europe is the leading region in the global automated storage and retrieval system market, holding 36.27% of the total revenue. This dominance is due to the region’s early adoption of automation and digital manufacturing technologies. Labor shortages and high labor costs have pushed the transition to automation in logistics and manufacturing. Additionally, Europe’s keen emphasis on sustainability and space efficiency in urban planning has contributed to the demand for intelligent and compact storage systems such as ASRS.
North America
North America is expected to be the fastest-growing market during 2025-2034. Growth is influenced by various factors. High industrialization rates, growth in e-commerce, and robust warehouse automation initiatives are all contributing to growth in the space. Firms in the United States have long adopted these systems to enhance logistics efficiency and minimize dependency on manual labor. Government support for smart manufacturing supply chain automation also lends momentum to this rising trend. With logistics and retail firms wanting to satisfy growing consumer demand with quicker delivery, ASRS adoption is becoming the need of the hour in this region.
Asia Pacific
Among Asia Pacific countries, China is the key driver of growth. With one of the biggest manufacturing and e-commerce ecosystems in the world, China is under huge pressure to modernize its logistics and warehousing infrastructure. Government emphasis on industrial automation, by means of initiatives like “Made in China”, has spurred substantial investment in automation technologies like ASRS. Furthermore, growth in businesses in industries such as automobiles, electronics, and consumer durables has seen heightened demand for high-density storage solutions with efficient space utilization. China’s strategic drive towards intelligent logistics and its leadership in adopting AI-powered warehouse systems have put it ahead as a regional leader in the ASRS market.
The ASAR market is moderately concentrated, with a few key players commanding significant market share, yet it remains competitive due to technological advancements and regional expansion.
This company specializes in material handling systems, including ASRS, conveyors, and sorting systems. Daifuku has developed high-speed, high-rise stacker cranes and focuses on energy-efficient solutions in its R&D initiatives.
SSI Schaefer offers comprehensive intralogistics solutions, including ASRS, warehouse management systems, and waste management systems.
Swisslog provides automation and robotic solutions for warehouse and distribution centers, including ASRS automated guided vehicles and warehouse management software. This company is known for its AutoStore system and invests in developing intelligent automation solutions to optimize supply chain operations.
For any questions about this dataset or to discuss customization options, please write to us at sales@statifacts.com
| Stats ID: | 8239 |
| Format: | Databook |
| Published: | April 2025 |
| Delivery: | Immediate |
| Stats ID: | 8239 |
| Format: | Databook |
| Published: | April 2025 |
| Delivery: | Immediate |
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