Automated storage and retrieval system (ASRS) Market to 2027 - Global Analysis and Forecasts by Type (Unit Load ASRS, Mini Load ASRS, Vertical Lift Module, Vertical Carousels, Horizontal Carousels, AutoStore, and Others); End-user Industry (Automotive, Food & Beverages, Electronic & Semiconductors, E-Commerce, Chemicals, Aerospace, Retail, Pharmaceuticals, and Others)
The automated storage and retrieval system (ASRS) market was valued at US$ 2.3 Bn in 2018 and is expected to grow at a CAGR of 8.0% from 2019 to 2027 to reach US$ 4.6 Bn by 2027.
ASRS is one of the foremost material handling systems, which is widely used in an automated production environment and distribution centers. ASRS has been utilized not only as an advanced alternative in traditional warehouses but also as a part of advanced manufacturing systems. ASRS plays an essential role in modern manufacturing plants for work-in-process storage and offers the benefits of improved inventory control and cost-effective utilization of time, space, and equipment. ASRS offers advantages related to improved inventory control and cost-effective utilization of equipment, space, and time. These advantages associated with ASRS have fuelled the growth of the automated storage and retrieval system (ASRS) market.
Lucrative Regional Automated storage and retrieval system (ASRS) Markets
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Market Insights
Need for Optimized and Space-Efficient Storage Systems is fueling the Automated Storage and Retrieval System (ASRS) Market
Diverse storage solutions such as unit load, mid-load, carousels, and VLM serve various purposes to their users with added value, thereby helping them in reducing costs. For instance, VLMs save more than 80% of floor space by stacking the material on vertical shelves. Also, these storage systems are designed in a way that storing and picking of goods becomes less time taking, more efficient, and helps to increase productivity at the workplace. Similarly, horizontal and vertical carousels are used for the storage of small parts and tools used either at the manufacturing plant shop floor or for the storage of consumer goods. Moreover, the modular structure of these systems ensures flexibility and scalability. Thus, the need for fast, space-efficient, and cost-effective storage systems along with maximum throughput and productivity, is driving the automated storage and retrieval system (ASRS) market, across most of the end-user industries.
Type Insights
Based on type, the automated storage and retrieval system (ASRS) market is segmented into Unit Load ASRS, Mini Load ASRS, Vertical Carousels, Horizontal Carousels, Vertical Lift Modules, AutoStore, and Others. VLM is estimated to dominate the automated storage and retrieval system (ASRS) market in 2018. With the use of VLMs, the process of picking, retrieval and packing of products into shipping containers may be combined into one process. The fast reaction time and delivery of the desired item with a push of a button or by scanning a barcode has resulted in increased demand for VLMs. Further, the modular design of VLM also allows access to multiple floors in the building. Major industry sectors generating demand for VLMs are automotive, e-commerce, logistics, and pharmaceutical, among others. Moreover, air-conditioned or climate control functionality available in VLMs is one of the significant factors that is pushing the demand for VLMs. The above-mentioned factors are expected to propel the overall growth of automated storage and retrieval system (ASRS) market.
End-use Industry Insights
The e-commerce segment, by end-use industry, dominated the automated storage and retrieval system (ASRS) market in 2018. Ecommerce is the prime market for ASRS. Having to store huge inventory, meet the fast delivery times expected by its customers, and to deal with a continuous flow of incoming orders have led the e-commerce industry to seize a large number of ASRS to meet the above-mentioned functions. The availability of pick-by-light systems integrated into ASRS has forced the e-commerce sector to depend upon ASRS to perform their day to day storage and retrieval functions. Additionally, with the increase of the customer base of e-commerce sites, the e-commerce players are facing a dearth of storage space in their warehouses. ASRS comes into action by smartly managing overhead and floor space available in the warehouse by freeing up ground space for better mobility.
Global Automated storage and retrieval system (ASRS) Market, by End-use Industry – 2018 & 2027
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Strategic Insights
The automated storage and retrieval system (ASRS) market is consolidated with the presence of certain key players as the new entrants require high capital investments (CAPEX) to set-up, thus resulting in high entry barriers. Also, the existing players are adopting mergers & acquisitions as one of their key strategies to capture more market share.
Automated Storage and Retrieval System (ASRS) Market – By Type
- Unit Load ASRS
- Mini Load ASRS
- Vertical Lift Module
- Vertical Carousels
- Horizontal Carousels
- AutoStore
- Others
Automated Storage and Retrieval System (ASRS) Market – By End-use Industry
- Automotive
- Food & Beverages
- Electronic & Semiconductors
- E-Commerce
- Chemicals
- Aerospace
- Retail
- Pharmaceuticals
- Others
Automated storage and retrieval system (ASRS) Market – By Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- South Korea
- Japan
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- UAE
- Saudi Arabia
- Rest of Middle East and Africa
- South America
- Brazil
- Argentina
- Rest of South America
Company Profiles
- Bastian Solutions, Inc.
- Daifuku Co., Ltd.
- KION GROUP AG
- Kardex Group
- Knapp AG
- Mecalux, S.A.
- SSI Schaefer Group
- Swisslog Holding AG
- System Logistics Spa
- Vanderlande Industries
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Automated Storage and Retrieval System Market – By Type
1.3.2 Global Automated Storage and Retrieval System Market – By End-user Industry
1.3.3 Global Automated Storage and Retrieval System Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe – PEST Analysis
4.2.3 Asia Pacific – PEST Analysis
4.2.4 Middle-East and Africa – PEST Analysis
4.2.5 South America – PEST Analysis
5. Automated Storage and Retrieval System Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Optimized and Space Efficient Storage Systems
5.1.2 Efficiency in Supply Chain
5.1.2.1 Systematic Management of Redundant Warehouse Processes
5.2 Key Market Restraints
5.2.1 Requirement of High Initial Investment
5.3 Key Market Opportunities
5.3.1 Increasing Demand for Automation in the E-commerce Industry
5.3.2 Growth in demand for Cold Chain ASRS
5.4 Future Trends
5.4.1 Integration of Robotics
5.5 Impact Analysis of Drivers and Restraints
6. Automated Storage and retrieval system Market – Global Market Analysis
6.1 Global Automated Storage and Retrieval System
6.2 Global Automated Storage and Retrieval System Market Forecast and Analysis
6.3 Market Positioning – Top Players
7. Automated Storage And Retrieval System Market Analysis – By Type
7.1 Overview
7.2 Automated Storage and Retrieval System Market Revenue Breakdown, By Type, 2018 & 2027
7.3 Automated Storage and Retrieval System Market Volume Breakdown, By Type, 2018 & 2027
7.4 Unit Load ASRS
7.4.1 Overview
7.4.2 Unit Load ASRS Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Mini Load ASRS
7.5.1 Overview
7.5.2 Mini Load ASRS Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Vertical Lift Module
7.6.1 Overview
7.6.2 Vertical Lift Module Market Revenue and Forecasts to 2027 (US$ Mn)
7.7 Vertical Carousels
7.7.1 Overview
7.7.2 Vertical Carousels Market Revenue and Forecasts to 2027 (US$ Mn)
7.8 Horizontal Carousels
7.8.1 Overview
7.8.2 Horizontal Carousels Market Revenue and Forecasts to 2027 (US$ Mn)
7.9 AutoStore
7.9.1 Overview
7.9.2 AutoStore Market Revenue and Forecasts to 2027 (US$ Mn)
7.10 Others
7.10.1 Overview
7.10.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
8. Automated Storage and retrieval system Market Analysis – By End-use Industry
8.1 Overview
8.2 Automated Storage and Retrieval System Market Breakdown, By End-use Industry, 2018 & 2027
8.3 Automotive
8.3.1 Overview
8.3.2 Automotive Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Food & Beverages
8.4.1 Overview
8.4.2 Food & Beverages Market Revenue and Forecasts to 2027 (US$ Mn)
8.5 Electronics & Semiconductor
8.5.1 Overview
8.5.2 Electronics & Semiconductor Market Forecast and Analysis
8.6 E-Commerce
8.6.1 Overview
8.6.2 E-Commerce Market Forecast and Analysis
8.7 Chemicals
8.7.1 Overview
8.7.2 Chemicals Market Forecast and Analysis
8.8 Aerospace
8.8.1 Overview
8.8.2 Aerospace Market Forecast and Analysis
8.9 Retail
8.9.1 Overview
8.9.2 Retail Market Forecast and Analysis
8.10 Pharmaceuticals
8.10.1 Overview
8.10.2 Pharmaceuticals Market Forecast and Analysis
8.11 Others
8.11.1 Overview
8.11.2 Others Market Forecast and Analysis
9. Automated Storage and retrieval system Market – Geographic Analysis
9.1 Overview
9.2 North America Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.2.1 Overview
9.2.2 North America Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.2.3 North America Automated Storage and Retrieval System Market Breakdown, By Type
9.2.4 North America Automated Storage and Retrieval System Market Breakdown, By End-User
9.2.5 North America Automated Storage and Retrieval System Market Breakdown, by Country
9.2.5.1 US Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.2.5.1.1 US Automated Storage and Retrieval System Market Breakdown, by Type
9.2.5.1.2 US Automated Storage and Retrieval System Market Breakdown, by End-User
9.2.5.2 Canada Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.2.5.2.1 Canada Automated Storage and Retrieval System Market Breakdown, by Type
9.2.5.2.2 Canada Automated Storage and Retrieval System Market Breakdown, by End-User
9.2.5.3 Mexico Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.2.5.3.1 Mexico Automated Storage and Retrieval System Market Breakdown, by Type
9.2.5.3.2 Mexico Automated Storage and Retrieval System Market Breakdown, by End-User
9.3 Europe Automated Storage and Retrieval System Market Revenue And Forecast To 2027
9.3.1 Overview
9.3.2 Europe Automated Storage and Retrieval System Market Revenue and Forecast to 2027 (US$ Mn)
9.3.3 Europe Automated Storage and Retrieval System Market Breakdown, By Type
9.3.4 Europe Automated Storage and Retrieval System Market Breakdown, By End-User
9.3.5 Europe Automated Storage and Retrieval System Market Breakdown, by Country
9.3.5.1 UK Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.3.5.1.1 UK Automated Storage and Retrieval System Market Breakdown, by Type
9.3.5.1.2 UK Automated Storage and Retrieval System Market Breakdown, by End-User
9.3.5.2 Germany Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.3.5.2.1 Germany Automated Storage and Retrieval System Market Breakdown, by Type
9.3.5.2.2 Germany Automated Storage and Retrieval System Market Breakdown, by End-User
9.3.5.3 France Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.3.5.3.1 France Automated Storage and Retrieval System Market Breakdown, by Type
9.3.5.3.2 France Automated Storage and Retrieval System Market Breakdown, by End-User
9.3.5.4 Spain Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.3.5.4.1 Spain Automated Storage and Retrieval System Market Breakdown, by Type
9.3.5.4.2 Spain Automated Storage and Retrieval System Market Breakdown, by End-User
9.3.5.5 Italy Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.3.5.5.1 Italy Automated Storage and Retrieval System Market Breakdown, by Type
9.3.5.5.2 Italy Automated Storage and Retrieval System Market Breakdown, by End-User
9.3.5.6 Rest of Europe Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.3.5.6.1 Rest of Europe Automated Storage and Retrieval System Market Breakdown, by Type
9.3.5.6.2 Rest of Europe Automated Storage and Retrieval System Market Breakdown, by End-User
9.4 APAC Automated Storage and Retrieval System Market, Revenue and Forecast To 2027
9.4.1 Overview
9.4.2 APAC Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.4.3 APAC Automated Storage and Retrieval System Market Breakdown, By Type
9.4.4 APAC Automated Storage and Retrieval System Market Breakdown, By End-User
9.4.5 APAC Automated Storage and Retrieval System Market Breakdown, by Country
9.4.5.1 China Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.4.5.1.1 China Automated Storage and Retrieval System Market Breakdown, by Type
9.4.5.1.2 China Automated Storage and Retrieval System Market Breakdown, by End-User
9.4.5.2 Japan Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.4.5.2.1 Japan Automated Storage and Retrieval System Market Breakdown, by Type
9.4.5.2.2 Japan Automated Storage and Retrieval System Market Breakdown, by End-User
9.4.5.3 India Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.4.5.3.1 India Automated Storage and Retrieval System Market Breakdown, by Type
9.4.5.3.2 India Automated Storage and Retrieval System Market Breakdown, by End-User
9.4.5.4 South Korea Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.4.5.4.1 South Korea Automated Storage and Retrieval System Market Breakdown, by Type
9.4.5.4.2 South Korea Automated Storage and Retrieval System Market Breakdown, by End-User
9.4.5.5 Australia Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.4.5.5.1 Australia Automated Storage and Retrieval System Market Breakdown, by Type
9.4.5.5.2 Australia Automated Storage and Retrieval System Market Breakdown, by End-User
9.4.5.6 Rest of APAC Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.4.5.6.1 Rest of APAC Automated Storage and Retrieval System Market Breakdown, by Type
9.4.5.6.2 Rest of APAC Automated Storage and Retrieval System Market Breakdown, by End-User
9.5 MEA Automated Storage and Retrieval System Market, Revenue and Forecast To 2027
9.5.1 Overview
9.5.2 MEA Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.5.3 MEA Automated Storage and Retrieval System Market Breakdown, By Type
9.5.4 MEA Automated Storage and Retrieval System Market Breakdown, By End-User
9.5.5 MEA Automated Storage and Retrieval System Market Breakdown, By Country
9.5.5.1 South Africa Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.5.5.1.1 South Africa Automated Storage and Retrieval System Market Breakdown, by Type
9.5.5.1.2 South Africa Automated Storage and Retrieval System Market Breakdown, by End-User
9.5.5.2 Saudi Arabia Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.5.5.2.1 Saudi Arabia Automated Storage and Retrieval System Market Breakdown, by Type
9.5.5.2.2 Saudi Arabia Automated Storage and Retrieval System Market Breakdown, by End-User
9.5.5.3 UAE Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.5.5.3.1 UAE Automated Storage and Retrieval System Market Breakdown, by Type
9.5.5.3.2 UAE Automated Storage and Retrieval System Market Breakdown, by End-User
9.5.5.4 Rest of MEA Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
9.5.5.4.1 Rest of MEA Automated Storage and Retrieval System Market Breakdown, by Type
9.5.5.4.2 Rest of MEA Automated Storage and Retrieval System Market Breakdown, by End-User
9.6 South America Automated Storage and Retrieval System Market Revenue And Forecast To 2027
9.6.1 Overview
9.6.2 South America Automated Storage and Retrieval System Market Revenue and Forecast to 2027 (US$ Mn)
9.6.3 South America Automated Storage and Retrieval System Market Breakdown, By Type
9.6.4 South America Automated Storage and Retrieval System Market Breakdown, By End-User
9.6.5 SAM Automated Storage and Retrieval System Market Breakdown, by Country
9.6.5.1 Brazil Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.6.5.1.1 Brazil Automated Storage and Retrieval System Market Breakdown, by Type
9.6.5.1.2 Brazil Automated Storage and Retrieval System Market Breakdown, by End-User
9.6.5.2 Argentina Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.6.5.2.1 Argentina Automated Storage and Retrieval System Market Breakdown, by Type
9.6.5.2.2 Argentina Automated Storage and Retrieval System Market Breakdown, by End-User
9.6.5.3 Rest of SAM Automated Storage and Retrieval System Market, Revenue and Forecast to 2027
9.6.5.3.1 Rest of SAM Automated Storage and Retrieval System Market Breakdown, by Type
9.6.5.3.2 Rest of SAM Automated Storage and Retrieval System Market Breakdown, by End-User
10. Global Automated Storage and Retrieval System Market-Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Development
11. Company Profiles
11.1 SSI SCHAEFER GROUP
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Swisslog Holding AG
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 System Logistics Spa
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Bastian Solutions
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Daifuku Co. Ltd.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Kardex Group
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 KNAPP AG
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Mecalux, S.A.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Vanderlande Industries
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Autocrib, Inc.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. Global Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
Table 2. Global Automated Storage and Retrieval System Market, Volume and Forecast to 2027 (Units)
Table 3. Global Unit Load ASRS, by Volume to 2027
Table 4. Global Mini Load ASRS, by Volume to 2027
Table 5. Global Vertical Lift Module, by Volume to 2027
Table 6. Global Vertical Carousels, by Volume to 2027
Table 7. Global Horizontal Carousels, by Volume to 2027
Table 8. Global AutoStore, by Volume to 2027
Table 9. Global Others, by Volume to 2027
Table 10. Global Automated Storage and Retrieval System Market, Revenue and Forecast to 2027, by Geography (US$ Mn)
Table 11. North America Automated Storage and Retrieval System Market, Volume and Forecast To 2027 – By Type (Units)
Table 12. North America Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By Type (US$ Mn)
Table 13. North America Automated Storage and Retrieval System Market, Volume and Forecast To 2027 – By Type, Units
Table 14. North America Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By End-User (US$ Mn)
Table 15. North America Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By Country (US$ Mn)
Table 16. US Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 17. US Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 18. Canada Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 19. Canada Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 20. Mexico Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 21. Mexico Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 22. Europe Automated Storage and Retrieval System Market, Volume and Forecast To 2027 – By Type (Units)
Table 23. Europe Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By Type (US$ Mn)
Table 24. Europe Automated Storage and Retrieval System Market, Volume and Forecast To 2027 – By Type (Units)
Table 25. Europe Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By End-User (US$ Mn)
Table 26. Europe Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By Country (US$ Mn)
Table 27. UK Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 28. UK Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 29. Germany Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 30. Germany Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 31. France Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 32. France Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 33. Spain Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 34. Spain Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 35. Italy Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 36. Italy Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 37. Rest of Europe Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 38. Rest of Europe Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 39. APAC Automated Storage and Retrieval System Market, Volume and Forecast To 2027 – By Type (Units)
Table 40. APAC Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By Type (US$ Mn)
Table 41. APAC Automated Storage and Retrieval System Market, Volume and Forecast To 2027 – By Type (Units)
Table 42. APAC Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By End-User (US$ Mn)
Table 43. APAC Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By Country (US$ Mn)
Table 44. China Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 45. China Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 46. Japan Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 47. Japan Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 48. India Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 49. India Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 50. South Korea Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 51. South Korea Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 52. Australia Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 53. Australia Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 54. Rest of APAC Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 55. Rest of APAC Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 56. MEA Automated Storage and Retrieval System Market, Volume and Forecast to 2027 (Units)
Table 57. MEA Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By Type (US$ Mn)
Table 58. MEA Automated Storage and Retrieval System Market, Volume and Forecast To 2027 – By Type (Units)
Table 59. MEA Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By End-User (US$ Mn)
Table 60. MEA Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Country (US$ Mn)
Table 61. South Africa Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 62. South Africa Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 63. Saudi Arabia Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 64. Saudi Arabia Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 65. UAE Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 66. UAE Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 67. Rest of MEA Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 68. Rest of MEA Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 69. South America Automated Storage and Retrieval System Market, Volume and Forecast To 2027 (Units)
Table 70. South America Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By Type (US$ Mn)
Table 71. South America Automated Storage and Retrieval System Market, Volume and Forecast To 2027 – By Type (Units)
Table 72. South America Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By End-User (US$ Mn)
Table 73. SAM Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 – By Country (US$ Mn)
Table 74. Brazil Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 75. Brazil Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 76. Argentina Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 77. Argentina Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 78. Rest of SAM Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 79. Rest of SAM Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 – By End-User (US$ Mn)
Table 80. Glossary of Term: Automated Storage and Retrieval System Market
LIST OF FIGURES
Figure 1. Automated Storage and Retrieval System Market Segmentation
Figure 2. Automated Storage and retrieval system Market Segmentation - Geographic
Figure 3. Automated Storage and Retrieval System Market, by Geography
Figure 4. Automated Storage and Retrieval System, Market Overview
Figure 5. Automated Storage and Retrieval System Market, by Type
Figure 6. Automated Storage and Retrieval System Market, by End-user Industry
Figure 7. Automated Storage and Retrieval System Market, by End-user Industry
Figure 8. North America – PEST Analysis
Figure 9. Europe – PEST Analysis
Figure 10. Asia Pacific – PEST Analysis
Figure 11. Middle-East and Africa – PEST Analysis
Figure 12. South America – PEST Analysis
Figure 13. Automated Storage and Retrieval System Market Impact Analysis of Drivers and Restraints
Figure 14. Global Automated Storage and Retrieval System Market- Geographic Analysis
Figure 15. Global Automated Storage and Retrieval System Market Forecast and Analysis (US$ Mn)
Figure 16. Automated Storage and Retrieval System Market Revenue Breakdown, By Type, 2018 & 2027 (%)
Figure 17. Automated Storage and Retrieval System Market Volume Breakdown, By Type, 2018 & 2027 (%)
Figure 18. Global Unit Load ASRS Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. Global Mini Load ASRS Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. Global Vertical Lift Module Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. Global Vertical Carousels Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Global Horizontal Carousels Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Global AutoStore Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. Global Others Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 25. Automated Storage and Retrieval System Market Breakdown, By End-use Industry, 2018 & 2027 (%)
Figure 26. Global Automotive Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 27. Global Food & Beverages Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 28. Global Electronics & Semiconductor Market Revenue And Forecasts To 2027(US$ Mn)
Figure 29. Global E-Commerce Market Revenue And Forecasts To 2027(US$ Mn)
Figure 30. Global Chemicals Market Revenue And Forecasts To 2027(US$ Mn)
Figure 31. Global Aerospace Market Revenue And Forecasts To 2027(US$ Mn)
Figure 32. Global Retail Market Revenue And Forecasts To 2027(US$ Mn)
Figure 33. Global Pharmaceuticals Market Revenue And Forecasts To 2027(US$ Mn)
Figure 34. Global Others Market Revenue And Forecasts To 2027(US$ Mn)
Figure 35. Global Automated Storage and Retrieval System Market Breakdown, by Region, 2018 & 2027 (%)
Figure 36. North America Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 37. North America Automated Storage and Retrieval System Market Breakdown, By Type, 2018 & 2027 (%)
Figure 38. North America Automated Storage and Retrieval System Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 39. North America Automated Storage and Retrieval System Market Breakdown, by Country, 2018 & 2027 (%)
Figure 40. US Automated Storage and Retrieval System Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 41. Canada Automated Storage and Retrieval System Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 42. Mexico Automated Storage and Retrieval System Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 43. Europe Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 44. Europe Automated Storage and Retrieval System Market Breakdown, By Type, 2018 & 2027 (%)
Figure 45. Europe Automated Storage and Retrieval System Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 46. Europe Automated Storage and Retrieval System Market Breakdown, by Country, 2018 & 2027(%)
Figure 47. UK Automated Storage and Retrieval System Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 48. Germany Automated Storage and Retrieval System Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 49. France Automated Storage and Retrieval System Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 50. Spain Automated Storage and Retrieval System Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 51. Italy Automated Storage and Retrieval System Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 52. Rest of Europe Automated Storage and Retrieval System Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 53. APAC Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 54. APAC Automated Storage and Retrieval System Market Breakdown, By Type, 2018 & 2027 (%)
Figure 55. APAC Automated Storage and Retrieval System Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 56. APAC Automated Storage and Retrieval System Market Breakdown, by Country, 2018 & 2027 (%)
Figure 57. China Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 58. Japan Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 59. India Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 60. South Korea Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 61. Australia Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 62. Rest of APAC Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 63. MEA Automated Storage and Retrieval System Market, Revenue and Forecast to 2027 (US$ Mn)
Figure 64. MEA Automated Storage and Retrieval System Market Breakdown, By Type, 2018 & 2027 (%)
Figure 65. MEA Automated Storage and Retrieval System Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 66. MEA Automated Storage and Retrieval System Market Breakdown, By Country, 2018 & 2027 (%)
Figure 67. South Africa Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 68. Saudi Arabia Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 69. UAE Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 70. Rest of MEA Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 71. South America Automated Storage and Retrieval System Market, Revenue and Forecast To 2027 (US$ Mn)
Figure 72. South America Automated Storage and Retrieval System Market Breakdown, By Type, 2018 & 2027 (%)
Figure 73. South America Automated Storage and Retrieval System Market Breakdown, By End-User, 2018 & 2027 (%)
Figure 74. SAM Automated Storage and Retrieval System Market Breakdown, by Country, 2018 & 2027 (%)
Figure 75. Brazil Automated Storage and Retrieval System Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 76. Argentina Automated Storage and Retrieval System Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 77. Rest of SAM Automated Storage and Retrieval System Market, Revenue and Forecast, 2018–2027 (US$ Mn)
The List of Companies - Automated Storage and Retrieval System Market
- SSI SCHAEFER GROUP
- Swisslog Holding AG.
- System Logistics Spa
- Bastian Solutions
- Daifuku Co. Ltd
- Kardex Group
- KNAPP AG
- Mecalux, S.A.
- Vanderlande Industries
- Autocrib, Inc
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the automated storage and retrieval system market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to Type, and End-User Industry.
Frequently Asked Questions
The European region is estimated to lead the ASRS market. The growth in Europe is attributed to the presence of several ASRS players in the region, coupled with a substantial customer base. Also, significant investments made by automotive players in the automated material handling equipment is driving the installation of ASRS. Even the cost of implementing automation is declining in Europe, along with the increase in labor costs In Europe, Germany is the largest market for automobiles in the world, also several manufacturing companies are located in Germany. The country thus has the largest manufacturing industry in Europe. Hence, the demand for ASRS in Germany is predominantly generated by the automotive industry. German automotive manufacturers are highly advanced and implement all the latest technology in the production process and assembly line. The presence of several manufacturing industries, including automotive and electronics and chemical industry in the country, is the major force driving the market for ASRS.
The mini load segment generates the highest revenue. Mini load ASRS offers a narrow footprint to save floor space and enhance storage density and generally store totes, cartons, and boxes. Operational units among factories generally store tools and parts required for the manufacturing process in mini-load ASRS. Automotive and other manufacturing industries mainly benefit from the utilization of mini-load ASRS for the storage and retrieval of tools and small parts. With the growing demand for small and convenient automated storage and retrieval systems, the demand for mini-load ASRS is expected to increase.
ASRS allows storing more pallets in a smaller cubic area, thus reducing energy operating costs used for refrigeration in cold storages. It further reduces the thermal transfer impact through the roof and wall area, thus reducing energy consumption. Moreover, ASRS requires limited lighting and eliminates the need for large doors to be repetitively opening and closing for forklift access. The development of the e-commerce industry goes hand-in-hand with the prosperity of the automated storage industry. Inventory sold by e-commerce sellers is stored in warehouses, and to reduce the time for sorting and stocking of these products, ASRS seems to be one of the best tools. The purchasing pattern of consumers is moving toward online shopping. Further, customers expect faster delivery time, owing to which e-commerce players are adopting automation in their processes. The fluctuations in demand of stock-keeping units (SKUs) creates complexities in picking operations, which in turn, slow down the fulfillment process. The e-commerce demand is highly varying, owing to which the forward pick areas must be continuously adjusted to support the fluctuation in item demand. Along with managing SKU demand fluctuations, an ASRS also advances the fulfillment process, thus allowing e-commerce as well as Omni channel retailers to adhere better to service level agreements by fulfilling order delivery commitments.