Market Research Logo

Global Automated Storage and Retrieval Systems Market 2017-2021

Global Automated Storage and Retrieval Systems Market 2017-2021

About Automated Storage and Retrieval Systems

Automated storage and retrieval system (ASRS) is complex automated device having tall racks, stacker cranes, inventory in/out systems, automatic storage and retrieval equipment, and computer management systems. These systems are used for automated retrieval and placement of loads from different defined storage locations. ASRS can be of different types such as unit load, mini load, and tunnel style systems. These systems can be used in various industries such as automotive, retail, and food and beverage (F&B).

Technavio’s analysts forecast the global automated storage and retrieval systems market to grow at a CAGR of 8.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automated storage and retrieval systems market for 2017-2021. To calculate the market size, the report presents the vendor landscape and a corresponding detailed profiling of the market participants across the value chain of the global automated storage and retrieval systems market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automated Storage and Retrieval Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Daifuku
  • Dematic
  • SSI Schaefer
  • Vanderlande Industries
Other prominent vendors
  • BEUMER Group
  • Dearborn Mid-West Conveyor
  • Fives Group
  • FlexLink
  • Intelligrated
  • Kardex
  • KNAPP Logistics Automation
  • Legris Industries
  • Mecalux
  • Murata Machinery
  • Swisslog
  • TGW Logistics Group
Market driver
  • Growing e-commerce industry.
  • For a full, detailed list, view our report
Market challenge
  • Need for continuous support and maintenance.
  • For a full, detailed list, view our report
Market trend
  • About 20% of manufacturing functions to be completely automated by 2021.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Automated Storage and Retrieval Systems Market 2017-2021

Technavio recognizes the following companies as the key players in the global automated storage and retrieval systems market: Daifuku, Dematic, SSI Schaefer, and Vanderlande Industries.

Other Prominent Vendors in the market are: BEUMER Group, Dearborn Mid-West Conveyor, Fives Group, FlexLink, Intelligrated,Kardex, KNAPP Logistics Automation, Legris Industries, Mecalux, Murata Machinery, Swisslog, and TGW Logistics Group.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is increased R&D spending and miniaturization of AMHE. Companies are spending on R&D for innovative solutions, M&A for new technology, and miniaturization of AMHE for convenience in factory and manufacturing plants. The spending is expected to increase during the forecast period, mainly due to the competition among existing big vendors. This R&D spending will have a direct effect on ASRS as all automated machines are interrelated.”

According to the report, one driver in market is growing e-commerce industry. The global e-commerce industry is growing at a rate of more than 10% annually. Top three markets in the e-commerce industry are China, India, and the U.S. In 2016; China was the biggest market and India registered highest growth rate. It is estimated that India will grow at a CAGR of more than 20% during the forecast period. In the US, e-commerce industry is growing at a high rate as compared with retail industry. In 2016, the retail industry in the US grew around 2% YoY as compared with e-commerce industry, which registered a growth rate of more than 10% YoY. The e-commerce market is directly dependent on the Internet penetration of any region. The following graph shows that Western Europe and North America have high Internet penetration since 2013 until 2019.

Further, the report states that one challenges in market is high initial investment. In a volatile economic scenario, it may be difficult for vendors to bear the initial cost of investment in ASRS, if demand decreases. Developed economies such as Europe and Japan are not giving any clear indication of economic correction. Some developing countries such as China and Brazil are also volatile. The investment may become a liability if the demand goes down. End-user segments, especially small and medium enterprises, that are looking at enhancing their manufacturing and distribution facilities are holding back due to the high cost of ASRS coupled with high maintenance costs. Even large enterprises that contribute major revenue are looking at cutting costs by exploring options, such as renting, acquiring equipment on lease, and choosing second-hand units. Second-hand units can be up to 50% cheaper than newer ones. This trend, however, is limited to non-engineered systems alone.

Companies Mentioned

Daifuku, Dematic, SSI Schaefer, Vanderlande Industries, BEUMER Group, Dearborn Mid-West Conveyor, Fives Group, FlexLink, Intelligrated,Kardex, KNAPP Logistics Automation, Legris Industries, Mecalux, Murata Machinery, Swisslog, and TGW Logistics Group.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table ASRS and its applications
      • Table Share of global ASRS market in global AMHE market (% revenue)
      • Table ASRS cycle of picking/retrieving material
  • Market landscape
    • Market size and forecast
      • Table Global ASRS market by revenue 2016-2021 ($ billions)
      • Table Some common type of ASRS
      • Table GDP growth rate of different country groups 2005-2015 (annual %)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Global ASRS market segmentation by end-users
      • Table Global ASRS market growth rate by end-users 2017-2021
      • Table Global ASRS market share by end-users 2016-2021 (% revenue)
    • Global ASRS market by automotive industry
      • Table Global ASRS market by automotive industry 2016-2021 ($ billions)
    • Global ASRS market by food and beverage industry
      • Table Global ASRS market by food and beverage industry 2016-2021 ($ billions)
    • Global ASRS market by retail industry
      • Table Global ASRS market by retail industry 2016-2021 ($ billions)
    • Global ASRS market by other industries
      • Table Global ASRS market by other industries 2016-2021 ($ billions)
  • Geographical segmentation
    • Global ASRS market by geography
      • Table Global ASRS market growth rate by geography 2017-2021 (%)
      • Table Global ASRS market share by geography 2017-2021 (%)
    • ASRS market in EMEA
      • Table ASRS market in EMEA 2016-2021 ($ billions)
    • ASRS market in Americas
      • Table ASRS market in Americas 2016-2021 ($ billions)
    • ASRS market in APAC
      • Table ASRS market in APAC 2016-2021 ($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global digital buyer Internet penetration by geography 2013-2019
      • Table GDP annual growth rate of leading countries in APAC 2010-2015
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • About 20% of manufacturing functions to be completely automated by 2021
    • Increased R&D spending and miniaturization of AMHE
    • Growing need for automation systems to handle SKU proliferation
  • Vendor landscape
    • Competitive scenario
    • Daifuku
    • Dematic
    • SSI Schaefer
    • Vanderlande Industries
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report