Automated Storage and Retrieval System Market - Databook 2025 to 2034

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.

Highlights of the Automated Storage and Retrieval System Market

• Europe dominated the global automated storage and retrieval system market in 2024.
• North America is anticipated to grow at the fastest rate in the market during the forecast period.
• By application, the storage segment held a dominant presence in the market in 2024.
• By application, the order picking segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034.
• By end use, the automotive segment accounted for a considerable share of the market in 2024.
• By end use, the general manufacturing segment underwent notable growth in the market during 2024.
• By type, the crane-based segment accounted for a considerable share of the market in 2024.
• By type, the vertical lift modules segment is projected to expand rapidly in the market in the coming years.
• By load, the unit load segment registered its dominance over the market in 2024.
• By load, the mini load segment is projected to expand rapidly in the market in the coming years.

Industry Valuation and Growth Rate Projection

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.

• The imperative to improve operating efficiency and lower labor expenses is compelling the use of ASRS across various sectors. Automation helps to cope with issues such as labor shortages and the need for quicker processing times.
• The popularity of online purchasing requires effective stock management and speedy order fulfillment, making ASRS an essential element in e-commerce supply chains. The system’s capacity for processing high-volume, fast transactions addresses the scalability that this industry requires.

Automated Storage and Retrieval System Market: Stats and Figures

• Valued at USD 10.65 billion in 2025, the ASRS market is projected to reach approximately USD 21.28 billion by 2034, growing at a CAGR of 7.99% from 2025 to 2034.
• Europe held the largest market share of 36.27% in 2024, attributed to the region’s advanced manufacturing sector and early adoption of automation technologies.
• The until load ASRS segment accounted for 36.52% of the market revenue in 2024, indicating its strong position in the market.
• The storage application segment held the highest revenue share of 51.81% in 2024, highlighting the critical role of ASRS in storage solutions.

How AI has Benefited the Market

• AI programs facilitate real-time monitoring and smart distribution of storage space, resulting in lower inventory levels and higher order fulfillment accuracy.
• AI-powered systems make warehouse operations more efficient by automating repetitive processes, minimizing manual intervention, and reducing errors, thus driving overall productivity higher.
• Predictive maintenance is enabled through AI technologies through the analysis of equipment performance to predict failures and minimize downtime, as well as maintenance expenses.
• AI enables decision-making through actionable insights derived from data analytics to help managers make informed decisions in inventory control, resource allocation, and process enhancements.

Industry Leader Announcements

• The integration of artificial intelligence (AI) and internet of things (IoT) in ASRS has improved operational efficiency by 35% and reduced errors by 30%. This highlights the significant impact of advanced technologies on warehouse operations.
• ASRS solutions enable companies to handle high volumes of products, maximize storage, and accelerate order processing. This underscores the critical role of ASRS in meeting the demands of modern supply chains.

Geographical Insights

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.

Recent Developments:

• In April 2024, SSI Schaefer partnered with Noatum Logistics to deploy the largest mobile racking systems for deep freeze storage in the UAE. This automated storage and retrieval system solution increased storage capacity by over 90%, improved energy efficiency, and incorporated programmable logic controllers to enable tailored automated operations and improved safety mechanisms.
• In December 2023, Daifuku Co., Ltd. began operational testing of its newest high-rise ASRS stacker cranes at its main production facility. Designed to reach heights of up to 40 meters, these cranes aim to boost efficiency, cut power usage, and meet rising global demand for high-density, automated warehousing solutions.

Competitive Landscape (approx. 200 words)

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.

• Company Name: Daifuku Co., Ltd.
• Year of Incorporation: 1937
• Headquarters: Osaka, Japan

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.

• Company Name: SSI Schaefer Group
• Year of Incorporation: 1937
• Headquarters: Neunkirchen, Germany

SSI Schaefer offers comprehensive intralogistics solutions, including ASRS, warehouse management systems, and waste management systems.

• Company Name: Swisslog Holding
• Year of Incorporation: 1900
• Headquarters: Switzerland

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.

• Daifuku Co., Ltd, in fiscal year 2022 Daifuku achieved record net sales of 601.9 billion, marking a significant milestone in the company’s history.
• SSI Schaefer Group in fiscal year 2024, the company recorded a 4.8% increase in sales, reaching 2 billion, driven by a significant rise in the logistics solutions division.