Automated Storage and Retrieval System Market, By Type, By Function, By Equipment, By Verticals, By Country, and By Region – Global Industry Analysis, Market Size, Market Share & Forecast from 2025-2032

REPORT HIGHLIGHT

Automated Storage and Retrieval System Market size was valued at US$ 9,720.33 Million in 2024, expanding at a CAGR of 8.64% from 2025 to 2032.
An automated storage and retrieval system (AS/RS) is a computer-controlled mechanism designed to automatically store and retrieve materials, including pallets or totes, from designated storage areas within a warehouse or distribution center. These systems enhance space utilization, boost efficiency, and improve accuracy when compared to manual systems. They find application in various processes, ranging from work-in-progress and finished goods storage in the manufacturing sector to inventory storage and sortation in the distribution sector. AS/RSs, when integrated with robots for advanced automation, have become the standard equipment propelling digital transformation in the logistics industry.
Automated Storage and Retrieval System Market- Market Dynamics

Growing Demand for Warehouse Automation to Improve Operational Efficiency is anticipated to drive the growth of the market.
As enterprises aim to lower labor expenses, enhance inventory precision, and maximize storage efficiency, the implementation of ASRS solutions is becoming increasingly essential across various sectors, including e-commerce, manufacturing, food and beverage, and pharmaceuticals. According to Warehouse Statistics, as of 2024, around 25% of warehouses globally have adopted some level of automation, with merely 10% employing advanced automation technologies. This represents a notable rise from just 5% ten years ago, signifying a growing acknowledgment of the advantages of automation. Nevertheless, the integration of IoT, AI, and robotics in smart manufacturing offers prospects for market expansion. Furthermore, high initial investment and maintenance costs may hinder market growth.
Automated Storage and Retrieval System Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 8.64% over the forecast period (2025-2032)
Based on Type segmentation, Unit Load Cranes were predicted to show maximum market share in the year 2024
Based on Function segmentation, Storage was the leading Function in 2024
Based on Verticals segmentation, Retail & E-commerce was the leading Vertical in 2024
Based on region, North America was the leading revenue generator in 2024
Automated Storage and Retrieval System Market- Segmentation Analysis:

The Global Automated Storage and Retrieval System Market is segmented on the basis of Type, Function, Equipment, Verticals, and Region.
The market is segmented into six categories according to Type: Unit Load Cranes, Mini Load Cranes, Robotic Shuttle Based, Carousel Based, Vertical Lift Module, and Robotic Cube Based. Unit Load Cranes lead the market growth due to their capacity to effectively manage large, heavy palletized loads in high-density storage settings. These systems are extensively utilized in sectors such as automotive, food and beverage, and manufacturing, where accurate and automated material handling is crucial. Unit Load Cranes improve operational efficiency by maximizing space utilization, lowering labor costs, and reducing handling mistakes. Their scalability and compatibility with warehouse management systems render them a favored choice for large-scale distribution centers and production facilities.
The market is segmented into five categories according to Function: Assembly, Equipment, Kitting, Order Picking, Storage, and Others. Storage is at the forefront of growth in the Automated Storage and Retrieval System (ASRS) market, driven by the increasing demand for effective space utilization and inventory management in warehouses and distribution centers. As industries aim to enhance storage capacity while reducing operational expenses, automated storage solutions provide considerable benefits, including high-density storage, lower floor space requirements, and enhanced accuracy in stock management. The rising popularity of e-commerce, along with the need for real-time inventory visibility and rapid order fulfillment, has further propelled the adoption of ASRS for storage purposes.
The market is categorized into two segments based on Equipment: Storage Aisles, Rack Structures, and Storage/Retrieval Machines. Among these, Storage/Retrieval Machines lead the market growth due to their essential role in automating the movement of goods within storage facilities. These machines improve operational speed, accuracy, and labor productivity by efficiently managing repetitive and high-volume tasks. Rack Structures also play a significant role in market growth as they offer the framework for high-density vertical and horizontal storage, optimizing space utilization, which is particularly beneficial in urban warehouses and compact facilities. Storage Aisles facilitate the overall system layout, allowing for smooth navigation and optimal flow of storage and retrieval operations. The integration of these elements into a unified system enables streamlined logistics and enhanced inventory management, further promoting the adoption of ASRS across various sectors such as retail, e-commerce, automotive, and pharmaceuticals.
The market is segmented into five categories according to Verticals: Retail & E-commerce, Healthcare, Automotive, Aerospace & Defense, Electronics & Semiconductors, and Others. Retail and e-commerce are at the forefront of growth in the Automated Storage and Retrieval System (ASRS) market, driven by the swift rise of online shopping and the growing need for rapid, precise, and efficient order fulfillment. These sectors demand high-throughput solutions to handle substantial quantities of SKUs, varying order sizes, and stringent delivery timelines. ASRS enables retailers and e-commerce businesses to optimize warehouse space, lessen reliance on labor, and enhance inventory accuracy. The transition towards same-day or next-day delivery models further accelerates the adoption of automation technologies. As consumer expectations continue to escalate and competition becomes severe, retail and e-commerce firms are increasingly channeling investments into ASRS to improve operational efficiency and customer satisfaction, positioning them as the primary end-use industries propelling market growth.
Automated Storage and Retrieval System Market- Geographical Insights

North America is at the forefront of market growth, driven by the rising demand from the e-commerce sector. As online retailers work to enhance their warehousing and fulfillment processes, there is an increasing focus on automation technologies to improve speed, accuracy, and inventory management. According to Ecommerce Statistics, retail eCommerce sales in the United States reached USD 1,192.6 billion in 2024. The presence of significant online retailers, a strong infrastructure, and escalating labor costs has propelled the adoption of ASRS in both the United States and Canada. Europe also plays a significant role in market growth, bolstered by the early implementation of automation technologies in sectors such as automotive, food and beverage, and pharmaceuticals.
Automated Storage and Retrieval System Market- Competitive Landscape:

The market for Automated Storage and Retrieval Systems (ASRS) is characterized by intense competition and fragmentation, with numerous global and regional entities vying for dominance through technological advancements, system dependability, customization options, and post-sale support. Leading firms are prioritizing innovation, forming strategic alliances, expanding geographically, and enhancing their product offerings to secure a competitive advantage. Companies are increasing their presence in the Asia Pacific and Latin America regions in response to growing demand in the retail, e-commerce, and manufacturing industries.

Recent Developments:

Daifuku Co., Ltd. has declared that a subsidiary of the Daifuku Group has built a new manufacturing facility in Hyderabad, set to commence full-scale operations in April 2025. This facility is a component of Daifuku's Intralogistics sector, which manages systems for the general manufacturing and distribution industries.
On November 11, 2021, Honeywell unveiled its newest solution for intelligent automated handling, aimed at assisting warehouses, distribution centers, and manufacturing facilities in receiving, processing, and fulfilling orders with greater speed and accuracy, while also potentially minimizing storage space.

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS

Daifuku Co., Ltd.
Murata Machinery, Ltd.
SSI Schaefer Group
Swisslog Holding AG (a KUKA company)
Dematic (a member of the KION Group)
Honeywell Intelligrated
TGW Logistics Group
Vanderlande Industries (a Toyota Industries company)
Mecalux, S.A.
System Logistics S.p.A. (part of the Krones Group)
BEUMER Group
WITRON Logistik + Informatik GmbH
Bastian Solutions (a Toyota Advanced Logistics company)
Knapp AG
FlexLink (a Coesia company)
Kardex Group
Westfalia Technologies, Inc.
Invata Intralogistics, Inc.
EffiMat Storage Technology A/S
Conveyco Technologies
Others

GLOBAL AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY TYPE- MARKET ANALYSIS, 2019 - 2032

Unit Load Cranes
Mini Load Cranes
Robotic Shuttle Based
Carousel Based
Vertical Lift Module
Robotic Cube Based

GLOBAL AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY FUNCTION- MARKET ANALYSIS, 2019 - 2032

Assembly
Equipment
Kitting
Order Picking
Storage
Others

GLOBAL AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY EQUIPMENT- MARKET ANALYSIS, 2019 - 2032

Storage Asiles
Rack Structure
Storage/Retrieval Machine
Telescopic Fork Lift
Manual Fork Lift
Switch Reach Trucks
Turret Trucks
Narrow Aisle Forks
Rotating Forks
Others

GLOBAL AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY VERTICALS- MARKET ANALYSIS, 2019 - 2032

Retail & E-commerce
Healthcare
Automotive
Aerospace & Defense
Electronics & Semiconductors
Others

GLOBAL AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032

North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Sweden
Russia
Poland
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Thailand
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
UAE
Israel
Turkey
Algeria
Egypt
Rest of MEA Show more