Automated Storage & Retrieval System Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Function, By Industry Vertical, By Region & Competition, 2021-2031F

Description

The Global Automated Storage & Retrieval System Market is projected to expand from USD 11.08 Billion in 2025 to USD 17.67 Billion by 2031, reflecting a CAGR of 8.09%. These computer-controlled systems, which include equipment such as vertical lift modules, shuttles, and stacker cranes, are engineered to automatically deposit and retrieve loads from designated storage locations. The market is primarily propelled by the explosive growth of the global e-commerce sector, which requires rapid order fulfillment and high-level inventory precision. Additionally, persistent labor shortages and escalating industrial real estate costs drive organizations to maximize vertical space utilization and operational efficiency, acting as fundamental catalysts for adoption alongside technological advancements.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 11.08 Billion
Market Size 2031	USD 17.67 Billion
CAGR 2026-2031	8.09%
Fastest Growing Segment	Automotive
Largest Market	Asia Pacific

According to MHI, 55% of supply chain leaders in 2024 reported increasing their investments in supply chain innovation and technology to enhance resilience and performance. Despite this strong investment momentum, a major obstacle hindering widespread market expansion is the significant initial capital expenditure required for system installation and integration. This high financial barrier often proves cost-prohibitive for small and medium-sized enterprises, effectively limiting the broader adoption of these advanced technologies despite the clear operational benefits they offer.

Market Driver

The convergence of Industry 4.0, Artificial Intelligence, and IoT is fundamentally reshaping the Global Automated Storage & Retrieval System Market by transforming operations from static storage into intelligent, predictive fulfillment hubs. Advanced algorithms now empower AS/RS units to dynamically optimize slotting strategies, thereby reducing energy consumption and retrieval times while communicating seamlessly with the wider supply chain ecosystem. This technological shift is accelerating investment in smart automation as companies seek to utilize data for operational agility; notably, Zebra Technologies' '2024 Warehousing Vision Study' from May 2024 found that 63% of warehouse leaders globally intend to integrate AI software into their operations within the next five years.

Simultaneously, rapid industrialization and infrastructure development in emerging economies, particularly within the Asia-Pacific region, are generating substantial demand for automated material handling solutions. As manufacturing output scales and urbanization drives consumption, these markets are bypassing traditional manual warehousing in favor of high-density automated systems to support robust supply chains. The International Federation of Robotics reported in October 2024 that nearly 80% of professional service robots sold globally in 2023 were deployed in Asia-Pacific. Furthermore, the pervasive need to mitigate operational inefficiencies sustains market momentum, with Descartes Systems Group reporting in 2024 that 54% of supply chain leaders are focused on automating non-value-added and repetitive tasks to improve productivity.

Market Challenge

The significant initial capital expenditure required for Automated Storage and Retrieval Systems constitutes a primary barrier to broader market penetration. Implementing these complex systems demands a heavy upfront investment in physical hardware, such as stacker cranes and shuttles, as well as specialized software integration and facility modifications. This financial burden is particularly acute for small and medium-sized enterprises, which often lack the liquidity to absorb such substantial sunk costs before realizing a return on investment, leading many organizations to delay automation projects or settle for less expensive, manual alternatives.

Economic pressures further exacerbate this financial hurdle, as evidenced by MHI's 2024 report where 53% of supply chain leaders cited inflation-driven costs as the top trend impacting their operations and investments. This inflationary environment, combined with the rising cost of capital, restricts the funds available for large-scale infrastructure projects. As borrowing becomes more expensive and equipment prices rise, justifying the high price tag of AS/RS becomes increasingly difficult, directly hampering market growth by limiting the addressable customer base to only the most capital-rich organizations.

Market Trends

The proliferation of Urban Micro-Fulfillment Centers is rapidly transforming the market as retailers decentralize distribution strategies to satisfy consumer demands for same-day delivery. To navigate the constraints of expensive and limited urban real estate, organizations are heavily deploying high-density automated technologies within compact footprints, such as converted urban depots or back-of-store locations. This structural shift enables companies to maximize inventory density while significantly reducing last-mile transportation costs by positioning goods closer to the end consumer; according to AutoStore's April 2024 'State of the Market Report', 66% of surveyed supply chain professionals indicated they currently utilize or plan to invest in micro-fulfillment centers.

Concurrently, the deployment of Hybrid ASRS and AMR Systems is gaining traction as facilities seek to combine the vertical storage density of fixed automation with the operational flexibility of mobile robotics. Unlike traditional rigid systems that require extensive infrastructure, this hybrid approach integrates Automated Storage and Retrieval Systems with Autonomous Mobile Robots to create dynamic workflows that adapt to fluctuating throughput requirements without major facility modifications. This modularity supports scalable growth, especially in brownfield sites, a trend highlighted by Logistics Management in July 2024, which reported that 46% of warehouse leaders are now using one or more types of robots to enhance intralogistics efficiency and flexibility.

Key Market Players

Daifuku Co., Ltd.
Murata Machinery, Ltd.
SSI Schaefer AG
TGW Logistics Group GmbH
Kardex Group
Knapp AG
Mecalux S.A.
Kion Group AG
Swisslog Holding AG
System Logistics S.p.A.

Report Scope

In this report, the Global Automated Storage & Retrieval System Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Automated Storage & Retrieval System Market, By Type

Autostore
Carousel
Mid Load
Mini Load
Unit Load
Vertical Lift Module

Automated Storage & Retrieval System Market, By Function

Assembly
Distribution
Kitting
Order Picking
Storage
Others

Automated Storage & Retrieval System Market, By Industry Vertical

Aviation
Automotive
Chemicals
Retail & E-Commerce
Food & Beverages
Healthcare & Pharmaceuticals
Metals & Heavy Machinery
Semiconductors & Electronics
Others

Automated Storage & Retrieval System Market, By Region

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Automated Storage & Retrieval System Market.

Available Customizations:

Global Automated Storage & Retrieval System Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Automated Storage & Retrieval System Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (Autostore, Carousel, Mid Load, Mini Load, Unit Load, Vertical Lift Module)
- 5.2.2. By Function (Assembly, Distribution, Kitting, Order Picking, Storage, Others)
- 5.2.3. By Industry Vertical (Aviation, Automotive, Chemicals, Retail & E-Commerce, Food & Beverages, Healthcare & Pharmaceuticals, Metals & Heavy Machinery, Semiconductors & Electronics, Others)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
5.3. Market Map

6. North America Automated Storage & Retrieval System Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Function
- 6.2.3. By Industry Vertical
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Automated Storage & Retrieval System Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Type
    - 6.3.1.2.2. By Function
    - 6.3.1.2.3. By Industry Vertical
- 6.3.2. Canada Automated Storage & Retrieval System Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Type
    - 6.3.2.2.2. By Function
    - 6.3.2.2.3. By Industry Vertical
- 6.3.3. Mexico Automated Storage & Retrieval System Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Type
    - 6.3.3.2.2. By Function
    - 6.3.3.2.3. By Industry Vertical

7. Europe Automated Storage & Retrieval System Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Function
- 7.2.3. By Industry Vertical
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Automated Storage & Retrieval System Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Type
    - 7.3.1.2.2. By Function
    - 7.3.1.2.3. By Industry Vertical
- 7.3.2. France Automated Storage & Retrieval System Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Type
    - 7.3.2.2.2. By Function
    - 7.3.2.2.3. By Industry Vertical
- 7.3.3. United Kingdom Automated Storage & Retrieval System Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Type
    - 7.3.3.2.2. By Function
    - 7.3.3.2.3. By Industry Vertical
- 7.3.4. Italy Automated Storage & Retrieval System Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Type
    - 7.3.4.2.2. By Function
    - 7.3.4.2.3. By Industry Vertical
- 7.3.5. Spain Automated Storage & Retrieval System Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Type
    - 7.3.5.2.2. By Function
    - 7.3.5.2.3. By Industry Vertical

8. Asia Pacific Automated Storage & Retrieval System Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Function
- 8.2.3. By Industry Vertical
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Automated Storage & Retrieval System Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Type
    - 8.3.1.2.2. By Function
    - 8.3.1.2.3. By Industry Vertical
- 8.3.2. India Automated Storage & Retrieval System Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Type
    - 8.3.2.2.2. By Function
    - 8.3.2.2.3. By Industry Vertical
- 8.3.3. Japan Automated Storage & Retrieval System Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Type
    - 8.3.3.2.2. By Function
    - 8.3.3.2.3. By Industry Vertical
- 8.3.4. South Korea Automated Storage & Retrieval System Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Type
    - 8.3.4.2.2. By Function
    - 8.3.4.2.3. By Industry Vertical
- 8.3.5. Australia Automated Storage & Retrieval System Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Type
    - 8.3.5.2.2. By Function
    - 8.3.5.2.3. By Industry Vertical

9. Middle East & Africa Automated Storage & Retrieval System Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Function
- 9.2.3. By Industry Vertical
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Automated Storage & Retrieval System Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Type
    - 9.3.1.2.2. By Function
    - 9.3.1.2.3. By Industry Vertical
- 9.3.2. UAE Automated Storage & Retrieval System Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Type
    - 9.3.2.2.2. By Function
    - 9.3.2.2.3. By Industry Vertical
- 9.3.3. South Africa Automated Storage & Retrieval System Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Type
    - 9.3.3.2.2. By Function
    - 9.3.3.2.3. By Industry Vertical

10. South America Automated Storage & Retrieval System Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Function
- 10.2.3. By Industry Vertical
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Automated Storage & Retrieval System Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Type
    - 10.3.1.2.2. By Function
    - 10.3.1.2.3. By Industry Vertical
- 10.3.2. Colombia Automated Storage & Retrieval System Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Type
    - 10.3.2.2.2. By Function
    - 10.3.2.2.3. By Industry Vertical
- 10.3.3. Argentina Automated Storage & Retrieval System Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Type
    - 10.3.3.2.2. By Function
    - 10.3.3.2.3. By Industry Vertical

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Automated Storage & Retrieval System Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Daifuku Co., Ltd.
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Murata Machinery, Ltd.
15.3. SSI Schaefer AG
15.4. TGW Logistics Group GmbH
15.5. Kardex Group
15.6. Knapp AG
15.7. Mecalux S.A.
15.8. Kion Group AG
15.9. Swisslog Holding AG
15.10. System Logistics S.p.A.