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Automated Storage and Retrieval System (ASRS) Market by Type (Unit Load, Mini Load, Vertical Lift Module, Carousel, Mid Load, Autostore), Function (Assembly, Kitting, Order Picking, Distribution, Storage), Industry, & Geography - Global Forecast to 2023

Automated Storage and Retrieval System (ASRS) Market by Type (Unit Load, Mini Load, Vertical Lift Module, Carousel, Mid Load, Autostore), Function (Assembly, Kitting, Order Picking, Distribution, Storage), Industry, & Geography - Global Forecast to 2023

“Limited space and minimal labor utilization enabled by the adoption of new automation technologies is expected to drive the growth of the automated storage and retrieval system market”
The automated storage and retrieval system market is expected to be valued at USD 9.18 billion by 2023, growing at a CAGR of 7.37% between 2017 and 2023. The major factors driving the growth of the market include limited space and minimal labor utilization enabled by the adoption of new ASRS-based technologies, improved supply chain efficiency and productivity, real time inventory control at lower costs, and multichannel supply chain strategy in retail.

“Market for order picking is expected to grow at a high rate between 2017 and 2023”
The ASRS market for order picking is expected to grow at a high rate between 2017 and 2023. The order picking process includes retrieving and presenting the required inventory to pickers. Automated storage and retrieval systems are widely used in manufacturing plants, warehouses, and distributions centers for order picking. These systems retrieve finished goods from the manufacturing plants for transportation to warehouses and distribution centers.

“Europe is expected to hold the largest share of the market during the forecast period”
Europe held the largest share of the automated storage and retrieval systems market in 2016, and the trend is expected to continue during the forecast period. The growth of the market for automated storage and retrieval systems in Europe is driven by the presence of several end-use industries such as automotive and aviation in countries such as Germany, the UK, and France. The market is also witnessing growth due to the increasing awareness about automated material handling technology and its benefits, such as reduction in labor costs, among manufacturers.

Breakdown of primary participants:
• By Company Type: Tier 1—25%, Tier 2—35%, and Tier 3—40%
• By Designation: C-Level Executives—35%, Directors—25%, and Others—40%
• By Region: Europe—43%, APAC—29%, North America—14%, and RoW—14%

Some of the major players operating in the automated storage and retrieval system market are as follows.
1. Daifuku Co. Ltd. (Japan)
2. SSI Schaefer Group (Germany)
3. Murata Machinery (Japan)
4. Knapp AG (Austria)
5. TGW Logistics Group GmbH (Austria)
6. Kardex Group (Switzerland)
7. Swisslog Holding AG (Switzerland)
8. Mecalux SA (Spain)
9. Vanderlande Industries (Netherlands)
10. System Logistics Corporation (Italy)
11. Bastian Solution (US)
12. Beumer Group (Germany)
13. Dematic GmbH & Co. KG (Germany)

Research Coverage:
In this report, various segments such as type, function, industry, and geography have been covered. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. The report gives a detailed view of the market across four main regions: North America, Europe, APAC, and RoW. The ASRS value-chain analysis has been included in the report, along with the key players and their competitive analysis.

Reasons to Buy the Report:
• This report includes statistics pertaining to the automated storage and retrieval system market by type, function, industry, and geography, along with their respective market size.
• Value-chain analysis and key industry trends have been provided for the market.
• Major drivers, restraints, opportunities, and challenges for the automated storage and retrieval system market have been provided in details in this report.
• This report would help stakeholders to understand their competitors better and gain more insights to enhance their position in the market. The competitive landscape section includes competitor ecosystem and growth strategies adopted by the key players in the market such as product launches and developments, partnerships, and mergers and acquisitions.


  • INTRODUCTION
    • STUDY OBJECTIVES
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • MARKET STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
      • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • MAJOR OPPORTUNITIES IN THE AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET
    • AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY TYPE
    • AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN APAC
    • EUROPE HELD THE LARGEST SHARE OF THE AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN 2016
    • AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY FUNCTION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
      • BURNING ISSUE
      • WINNING IMPERATIVE
    • VALUE CHAIN ANALYSIS
  • AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY TYPE
    • INTRODUCTION
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY TYPE, 2014-2023 (USD MILLION)
    • UNIT LOAD
      • Table MARKET FOR UNIT-LOAD ASRS, BY REGION, 2014-2023 (USD MILLION)
    • MINI LOAD
      • Table MARKET FOR MINI-LOAD ASRS, BY REGION, 2014-2023 (USD MILLION)
    • VERTICAL LIFT MODULE
      • Table MARKET FOR VLM ASRS, BY REGION, 2014-2023 (USD MILLION)
    • CAROUSEL
      • VERTICAL CAROUSEL
      • HORIZONTAL CAROUSEL
        • Table MARKET FOR CAROUSEL ASRS, BY REGION, 2014-2023 (USD MILLION)
    • MID LOAD
      • Table MARKET FOR MID-LOAD ASRS, BY REGION, 2014-2023 (USD MILLION)
    • AUTOSTORE
      • Table MARKET FOR AUTOSTORE ASRS, BY REGION, 2014-2023 (USD MILLION)
  • AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY FUNCTION
    • INTRODUCTION
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY FUNCTION, 2014-2023 (USD MILLION)
    • ASSEMBLY
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR ASSEMBLY, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR ASSEMBLY, BY INDUSTRY, 2014-2023 (USD MILLION)
    • KITTING
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR KITTING, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR KITTING, BY INDUSTRY, 2014-2023 (USD MILLION)
    • ORDER PICKING
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR ORDER PICKING, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR ORDER PICKING, BY INDUSTRY, 2014-2023 (USD MILLION)
    • DISTRIBUTION
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR DISTRIBUTION, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR DISTRIBUTION, BY INDUSTRY, 2014-2023 (USD MILLION)
    • STORAGE
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR STORAGE, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR STORAGE, BY INDUSTRY, 2014-2023 (USD MILLION)
    • OTHERS
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR OTHER FUNCTIONS, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR OTHER FUNCTIONS, BY INDUSTRY, 2014-2023 (USD MILLION)
  • AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY INDUSTRY, 2014-2023 (USD MILLION)
    • AUTOMOTIVE
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR AUTOMOTIVE INDUSTRY, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR AUTOMOTIVE INDUSTRY, BY FUNCTION, 2014-2023 (USD MILLION)
    • CHEMICALS
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR CHEMICALS INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR CHEMICALS INDUSTRY, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR CHEMICALS INDUSTRY, BY FUNCTION, 2014-2023 (USD MILLION)
    • AVIATION
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR AVIATION INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR AVIATION INDUSTRY, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR AVIATION INDUSTRY, BY FUNCTION, 2014-2023 (USD MILLION)
    • ELECTRONIC & SEMICONDUCTOR
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR SEMICONDUCTOR & ELECTRONICS INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR SEMICONDUCTOR & ELECTRONICS INDUSTRY, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR SEMICONDUCTOR & ELECTRONICS INDUSTRY, BY FUNCTION, 2014-2023 (USD MILLION)
    • E-COMMERCE
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR E-COMMERCE INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR E-COMMERCE INDUSTRY, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR E-COMMERCE INDUSTRY, BY FUNCTION, 2014-2023 (USD MILLION)
    • FOOD & BEVERAGES
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR FOOD & BEVERAGES INDUSTRIES, BY REGION, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR FOOD & BEVERAGES INDUSTRIES, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR FOOD & BEVERAGES INDUSTRY, BY FUNCTION, 2014-2023 (USD MILLION)
    • HEALTHCARE
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR HEALTHCARE INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR HEALTHCARE INDUSTRY, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR HEALTHCARE INDUSTRY, BY FUNCTION, 2014-2023 (USD MILLION)
    • METALS AND HEAVY MACHINERY
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR METALS & HEAVY MACHINERY INDUSTRY, BY REGION, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR METALS & HEAVY MACHINERY INDUSTRY, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR METALS & HEAVY MACHINERY INDUSTRY, BY FUNCTION, 2014-2023 (USD MILLION)
    • OTHERS
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR OTHER INDUSTRIES, BY REGION, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR OTHER INDUSTRIES, BY TYPE, 2014-2023 (USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET FOR OTHER INDUSTRIES, BY FUNCTION, 2014-2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET, BY REGION, 2014-2023 (USD MILLION)
    • NORTH AMERICA
      • US
      • CANADA
      • MEXICO
        • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN NORTH AMERICA, BY COUNTRY, 2014-2023 (USD MILLION)
        • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN NORTH AMERICA, BY TYPE, 2014-2023 (USD MILLION)
        • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN NORTH AMERICA, BY INDUSTRY, 2014-2023 (USD MILLION)
    • EUROPE
      • GERMANY
      • UK
      • FRANCE
      • REST OF EUROPE
        • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN EUROPE, BY COUNTRY/REGION, 2014-2023(USD MILLION)
        • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN EUROPE, BY TYPE, 2014-2023(USD MILLION)
        • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN EUROPE, BY INDUSTRY, 2014-2023(USD MILLION)
    • ASIA PACIFIC (APAC)
      • CHINA
      • JAPAN
      • INDIA
      • AUSTRALIA
      • REST OF APAC
        • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN APAC, BY COUNTRY/REGION, 2014-2023(USD MILLION)
        • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN APAC, BY TYPE, 2014-2023(USD MILLION)
        • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN APAC, BY INDUSTRY, 2014-2023(USD MILLION)
    • REST OF THE WORLD (ROW)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN ROW, BY REGION, 2014-2023(USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN ROW, BY TYPE, 2014-2023(USD MILLION)
      • Table AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET IN ROW, BY INDUSTRY, 2014-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • COMPETITIVE LEADERSHIP MAPPING
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
    • BUSINESS STRATEGY EXCELLENCE
    • STRENGTH OF PRODUCT PORTFOLIO
  • COMPANY PROFILE
    • INTRODUCTION
    • DAIFUKU CO., LTD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
    • SSI SCHAEFER GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • MURATA MACHINERY, LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • KNAPP AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • TGW LOGISTICS GROUP GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • KARDEX GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • SWISSLOG HOLDING AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • MECALUX S.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • VANDERLANDE INDUSTRIES BV
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • SYSTEM LOGISTICS CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • BASTIAN SOLUTIONS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • BEUMER GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • DEMATIC GMBH & CO. KG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • KEY INNOVATORS
      • FLEXE, INC.
      • ARKROBOT
      • AUTOMATION LOGISTICS CORPORATION
      • KUBO SYSTEMS
      • GREEN AUTOMATED SOLUTIONS
  • APPENDIX
    • INSIGHTS FROM INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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