Report cover image

Automated Storage & Retrieval System Market by Type (Autostore, Carousel, Mid Load), Function (Assembly, Distribution, Kitting), Industry - Global Forecast 2024-2030

Publisher 360iResearch
Published Apr 17, 2024
Length 194 Pages
SKU # IRE18706985

Description

Automated Storage & Retrieval System Market by Type (Autostore, Carousel, Mid Load), Function (Assembly, Distribution, Kitting), Industry - Global Forecast 2024-2030


The Automated Storage & Retrieval System Market size was estimated at USD 10.68 billion in 2023 and expected to reach USD 11.77 billion in 2024, at a CAGR 10.25% to reach USD 21.16 billion by 2030.

An automated storage & retrieval system (AS/RS) is a technology-driven solution designed to optimize the storage and management of inventory within manufacturing facilities, distribution centers, and warehouses. AS/RS combines advanced hardware components such as high-speed automated guided vehicles (AGVs), cranes, conveyors, and robotics with software solutions that manage inventory control, order processing, and material handling. The rapid growth in eCommerce has surged the demand for efficient warehousing solutions to cater to increasing order volumes. However, The high initial cost of integrating automated storage and retrieval systems remains a primary barrier to adoption among small-scale enterprises. The lack of experienced professionals with expertise in operating complex robotic equipment acclimatizes another challenge faced by industries adopting ASRS technologies. In addition, adopting Industry 4.0 technologies is propelling businesses towards implementing smart factory concepts where ASRS plays a crucial role. The increasing emphasis on sustainability creates opportunities for environmentally friendly materials and energy-efficient systems within ASRS installations.

Please Note: PDF & Excel + Online Access - 1 Year

Table of Contents

194 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing demand for automated storage and retrieval systems in the automotive industry
5.1.1.2. Optimum utilization of space and rise in labor costs
5.1.1.3. Increasing need for better inventory control with improved accuracy, productivity, and efficiency in the supply chain
5.1.2. Restraints
5.1.2.1. High initial investment requirement and need for technical expertise and periodic training
5.1.3. Opportunities
5.1.3.1. Emergence of automated storage and retrieval system in the e-Commerce industry
5.1.3.2. Development of advanced automated storage and retrieval system
5.1.4. Challenges
5.1.4.1. Issues with operational processes due to technical glitches result in increased downtime
5.2. Market Segmentation Analysis
5.2.1. Function: Emerging function of AS/RS systems in distribution and kitting
5.2.2. Type: Increasing adoption of carousel systems unit load AS/RS systems for efficient material handling
5.2.3. Industry: Significant use of AS/RS systems in the automotive and pharmaceutical industry
5.3. Market Disruption Analysis
5.4. Porter’s Five Forces Analysis
5.4.1. Threat of New Entrants
5.4.2. Threat of Substitutes
5.4.3. Bargaining Power of Customers
5.4.4. Bargaining Power of Suppliers
5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis
6. Automated Storage & Retrieval System Market, by Type
6.1. Introduction
6.2. Autostore
6.3. Carousel
6.4. Mid Load
6.5. Mini Load
6.6. Unit Load
6.7. Vertical Buffer Module
6.8. Vertical Lift Module
7. Automated Storage & Retrieval System Market, by Function
7.1. Introduction
7.2. Assembly
7.3. Distribution
7.4. Kitting
7.5. Order Picking
7.6. Storage
8. Automated Storage & Retrieval System Market, by Industry
8.1. Introduction
8.2. Automotive
8.3. Aviation
8.4. Chemicals & Advance Materials
8.5. E-Commerce
8.6. Food & Beverages
8.7. Healthcare & Pharmaceutical
8.8. Metals & Heavy Machinery
8.9. Retail
8.10. Semiconductors & Electronics
9. Americas Automated Storage & Retrieval System Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Automated Storage & Retrieval System Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Automated Storage & Retrieval System Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
12.3.1. Chang Industrial and Hai Robotics Combine to Launch Advanced Manufacturing Initiative
12.3.2. OSARO and Geek+ Partner to Integrate Robotic Warehouse Solutions
12.3.3. Prozo Becomes the First Indian 3PL Company to Deploy Mini-Load Automated Storage and Retrieval System (ASRS)
12.4. Strategy Analysis & Recommendation
13. Competitive Portfolio
13.1. Key Company Profiles
13.2. Key Product Portfolio
FIGURE 1. AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET RESEARCH PROCESS
FIGURE 2. AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, 2023 VS 2030
FIGURE 3. GLOBAL AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. GLOBAL AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. GLOBAL AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET DYNAMICS
FIGURE 7. GLOBAL AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. GLOBAL AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. GLOBAL AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY FUNCTION, 2023 VS 2030 (%)
FIGURE 10. GLOBAL AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY FUNCTION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. GLOBAL AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY INDUSTRY, 2023 VS 2030 (%)
FIGURE 12. GLOBAL AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET SHARE, BY KEY PLAYER, 2023
FIGURE 22. AUTOMATED STORAGE & RETRIEVAL SYSTEM MARKET, FPNV POSITIONING MATRIX, 2023

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us