According to The Insight Partners' research, the South and Central America Vertical Carousels ASRS Market was valued at US$ 25.7 Million in 2024 and is expected to reach US$ 40.6 Million by 2031, registering a CAGR of 6.9% from 2025 to 2031.
Smart warehousing and robotics integration are among the critical factors attributed to drive the South & Central America vertical carousels ASRS market.
The trend toward smart warehousing is transforming the use of vertical carousel Automated Storage and Retrieval Systems (ASRS) by integrating advanced technologies such as artificial intelligence (AI), the Internet of Things (IoT), and data analytics. These technologies enable real-time inventory management, which optimizes storage utilization and improves operational efficiency. By continuously monitoring inventory levels and system performance, smart vertical carousels provide enhanced operational insights that allow managers to make data-driven decisions quickly.
IoT sensors collect and transmit data about stock conditions, location, and movement within the warehouse, while AI algorithms analyze this data to predict demand, detect anomalies, and automate replenishment. This connectivity also facilitates predictive maintenance, reducing downtime by identifying potential equipment issues before they cause failures.
Smart warehousing technologies incorporated into vertical carousel systems improve accuracy, reduce manual errors, and increase throughput, making warehouses more responsive to changing customer demands and market conditions.
On the contrary, high initial installation costs hamper the growth of the South & Central America vertical carousels ASRS market.
South and Central America Vertical Carousels ASRS Market Segmentation Analysis:
- By Type, the South and Central America Vertical Carousels ASRS Market is segmented into Storage, Order Picking, Distribution, Kitting, Assembly, and Others. The Storage segment is projected to expand at a CAGR of 15.1% during 2025 - 2031.
- By End Use Industry, the South and Central America Vertical Carousels ASRS Market is segmented into Automotive, Food and Beverage, Electronic and Semiconductors, E-commerce, Chemicals, Aerospace, Retail, Pharmaceutical, and Others. The Automotive segment is projected to expand at a CAGR of 7.0% during 2025 - 2031.
By country, the South and Central America Vertical Carousels ASRS Market is categorized into Brazil, Argentina, and the Rest of South and Central America. Brazil is projected to expand at a CAGR of 6.8% during 2025 - 2031.
Key players operating in the Vertical Carousels ASRS Market are KNAPP AG, Daifuku Co Ltd, Swisslog Holding AG, System Logistics SpA, Kardex Holding AG, Mecalux SA, Vanderlande Industries BV, Autocrib Inc, SSI SCHAEFER Group, Bastian Solutions LLC, Exotec SAS, Hai Robotics Co Ltd, Modula GROUP, Hanel GmbH & Co. KG, Weland Solutions AB, Beijing Geekplus Technology Co Ltd, Ferretto Group SpA, Craftsman Storage Systems, Gonvarri Material Handling among others.
In June 2025, Liebherr began constructing a new logistics center in Tupelo, Mississippi - SSI SCHAEFER is responsible for delivering the intralogistics solution. As a system integrator, SSI SCHAEFER is delivering a fully automated intralogistics solution featuring high-bay and shuttle warehouses, conveyor systems, and SAP Extended Warehouse Management for highly efficient and transparent warehouse operations.
In June 2025, Coop and SSI SCHAEFER Strengthening Partnership With Extensive WAMAS Upgrade. The successful cooperation between the Swiss Coop Group, an international production and retail business, and SSI SCHAEFER, one of the world's leading providers of holistic intralogistics solutions, is moving to the next level: By ordering the extensive release upgrade of the WAMAS intralogistics software, the Coop Group is putting its faith in a homogeneous, future-proof software landscape in its intralogistics operations.
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