The global market for Automated Storage and Retrieval Systems (ASRS) is estimated at US$8.3 Billion in 2023 and is projected to reach US$13.4 Billion by 2030, growing at a CAGR of 7.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the Automated Storage and Retrieval Systems (ASRS) market is driven by several factors. The increasing demand for efficient and accurate inventory management solutions in the face of growing e-commerce and omnichannel retailing is a primary driver. Companies are seeking to optimize their supply chains and reduce order fulfillment times, making ASRS an attractive investment. The rising labor costs and shortages in many regions are further propelling the adoption of automation in warehouses and distribution centers. Technological advancements, such as AI, robotics, and IoT, are enhancing the capabilities of ASRS, making them more versatile and user-friendly. Additionally, the push towards sustainable and green logistics practices is encouraging companies to adopt energy-efficient automated systems. The need for space optimization in urban areas, where real estate costs are high, is also contributing to the growth of the ASRS market. These factors, combined with continuous innovations and the expanding applications of ASRS across various industries, are expected to drive sustained growth in the market in the coming years.
The growth in the Automated Storage and Retrieval Systems (ASRS) market is driven by several factors. The increasing demand for efficient and accurate inventory management solutions in the face of growing e-commerce and omnichannel retailing is a primary driver. Companies are seeking to optimize their supply chains and reduce order fulfillment times, making ASRS an attractive investment. The rising labor costs and shortages in many regions are further propelling the adoption of automation in warehouses and distribution centers. Technological advancements, such as AI, robotics, and IoT, are enhancing the capabilities of ASRS, making them more versatile and user-friendly. Additionally, the push towards sustainable and green logistics practices is encouraging companies to adopt energy-efficient automated systems. The need for space optimization in urban areas, where real estate costs are high, is also contributing to the growth of the ASRS market. These factors, combined with continuous innovations and the expanding applications of ASRS across various industries, are expected to drive sustained growth in the market in the coming years.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Unit Load ASRS segment, which is expected to reach US$4.8 Billion by 2030 with a CAGR of a 6.6%. The Mini Load ASRS segment is also set to grow at 6.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.8 Billion in 2023, and China, forecasted to grow at an impressive 8.5% CAGR to reach $2.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Automated Storage and Retrieval Systems (ASRS) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automated Storage and Retrieval Systems (ASRS) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Automated Storage and Retrieval Systems (ASRS) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Brooks Automation, Inc., Beumer Group GmbH & Co. KG, Cassioli Srl, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 104 Featured):
- Brooks Automation, Inc.
- Beumer Group GmbH & Co. KG
- Cassioli Srl
- Daifuku Co., Ltd.
- Abel Womack, Inc.
- Bastian Solutions, Inc.
- Alstef Automation SA
- America In Motion, Inc.
- Cimcorp Oy
- Conveyor Handling Company
- Conductix-Wampfler GmbH
- Armstrong Machine Builders Pvt. Ltd.
- DAMBACH Lagersysteme GmbH & Co. KG
- Dexion Australia Pty Ltd.
- Billdu Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICBRAZILREST OF LATIN AMERICAIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
ASIA-PACIFIC
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Brooks Automation, Inc.
- Beumer Group GmbH & Co. KG
- Cassioli Srl
- Daifuku Co., Ltd.
- Abel Womack, Inc.
- Bastian Solutions, Inc.
- Alstef Automation SA
- America In Motion, Inc.
- Cimcorp Oy
- Conveyor Handling Company
- Conductix-Wampfler GmbH
- Armstrong Machine Builders Pvt. Ltd.
- DAMBACH Lagersysteme GmbH & Co. KG
- Dexion Australia Pty Ltd.
- Billdu Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 603 |
| Published | December 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 8.3 Billion |
| Forecasted Market Value ( USD | $ 13.4 Billion |
| Compound Annual Growth Rate | 7.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
