South & Central America Automated Storage and Retrieval Systems (ASRS) Market Size and Forecast (2021-2035), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Unit Load ASRS, Mini Load ASRS, Vertical Lift Module, Vertical Ca

The South and Central America automated storage and retrieval systems (ASRS) market is projected to grow significantly, reaching an estimated US$ 756.76 million by 2035, up from US$ 257.93 million in 2024. This growth represents a compound annual growth rate (CAGR) of 10.6% from 2025 to 2035.

Executive Summary and Market Analysis

Key players in the ASRS market in South and Central America include Brazil, Argentina, and Chile. The market's expansion is primarily driven by increased import and export activities, bolstered by a thriving shipping sector. According to the Economic Commission for Latin America (ECLA)/CEPAL's International Trade Outlook for Latin America and the Caribbean 2024, the region's exports surged by 12% in 2023, with projections indicating a further increase of 23% for the Caribbean and 5% for South America in 2024. This rise in export activities is linked to the growth of various sectors, including agriculture, mining, and manufacturing, which in turn fuels the demand for automated solutions in warehousing and logistics.

ASRS systems facilitate real-time inventory management and seamless integration with logistics operations, which are essential for navigating complex export processes and complying with international trade regulations. These systems enhance operational productivity by improving efficiency, accuracy, and scalability in warehouse and supply chain management. The rapid advancement of IT infrastructure and the increasing trend towards digitization in South and Central America are prompting businesses to rely more on automation for enhanced precision and productivity. In an era where automation is key, ASRS technology plays a vital role in minimizing costs and time associated with machine control, monitoring, and security.

Furthermore, the growing emphasis on workplace safety in industrial settings, along with advancements in wireless technologies and robotics, is driving the adoption of ASRS across the region.

Market Segmentation Analysis

The South and Central America ASRS market can be segmented by type and end-user industry.

By Type: The market includes various types of ASRS, such as unit load ASRS, mini load ASRS, vertical lift modules, vertical carousels, horizontal carousels, autostore systems, and others. In 2024, the vertical lift module segment held the largest market share.

By End-User Industry: The market is also segmented by end-user industries, including automotive, food and beverages, electronics and semiconductors, e-commerce, chemicals, aerospace, retail, pharmaceuticals, and others. The automotive sector was the largest contributor to the market in 2024.

Market Outlook

Globally, companies are increasingly focused on developing innovative technologies across various sectors. Artificial intelligence (AI) is becoming central to next-generation software technologies in the ASRS market. AI helps optimize storage layouts and retrieval paths, significantly reducing order processing times. Machine learning (ML) models are employed to predict demand trends, assisting warehouse managers in minimizing stock discrepancies and overstock situations. AI-driven ASRS can automatically adjust to fluctuating workloads, ensuring consistent performance even during peak periods.

These advanced ASRS systems, integrated with AI, enable operators to manage, control, and optimize the storage and retrieval of items in warehouses and distribution centers. They continuously analyze real-time data to make intelligent decisions regarding inventory placement, path optimization, and workload balancing, which leads to reduced human error and increased throughput. The demand for AI-enhanced ASRS is prompting market players to innovate further. For instance, in March 2024, Applied Manufacturing Technologies (AMT) introduced ROBiN, a Robotic Induction System designed to enhance operational efficiency in warehousing. This AI-powered robotic system streamlines the process of removing and sorting product layers on pallets, optimizing warehouse efficiency by improving fill density in totes.

Country Insights

The South and Central America ASRS market is primarily composed of Brazil, Argentina, and other countries in the region, with Brazil holding the largest market share in 2024. Brazil's robust economic growth and its capacity for adopting advanced technologies are significant factors driving ASRS demand. The presence of assembly units for major consumer electronics, aircraft, and automotive manufacturers further fuels this demand. Additionally, the increasing trend of logistics outsourcing in various manufacturing sectors is propelling the adoption of ASRS to automate warehouse and logistics operations, allowing businesses to focus on their core competencies. ASRS systems help optimize warehouse space by replacing traditional storage methods.

Company Profiles

Key players in the South and Central America ASRS market include Autocrib Inc, Bastian Solutions LLC, Daifuku Co Ltd, Kardex Holding AG, KNAPP AG, Mecalux SA, SSI SCHAEFER Group, Swisslog Holding AG, System Logistics SpA, and Vanderlande Industries BV. These companies are pursuing various strategies, including expansion, product innovation, and mergers and acquisitions, to enhance their product offerings and increase market share. Show more