Automated Storage and Retrieval Systems Industry Growth, Business Analysis and Forecast 2032

The Automated Storage and Retrieval Systems Market Share report takes into account both the micro and macro aspects of all market forces, assisting companies in implementing various strategies to drive their market growth and make critical strategic decisions regarding their investment planning.These variables include industry challenges, market and technological advancements, market trends, size, share, growth, and constraints.

The global automated storage and retrieval systems market size was valued at USD 8.63 billion in 2023 and is projected to grow from USD 9.08 billion in 2024 to USD 14.95 billion by 2032, exhibiting a CAGR of 6.4% during the forecast period. North America dominated the automated storage and retrieval systems market with a share of 39.04% in 2023.

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Top Automated Storage and Retrieval Systems Market Size Manufacturers covered in the Market Report include:

• Daifuku Co. Ltd (Japan)
• Murata Machinery Ltd (Japan)
• Kion Group (Dematic) (Germany)
• Vanderlande Industries (Netherlands)
• Knapp AG (Austria)
• Toyota Industries Corporation (Bastian Solutions) (Japan)
• KUKA AG (Swisslog Holdings) (Germany)
• TGW Logistics Corporation (Austria)
• Kardex Group (Switzerland)
• Honeywell International Inc (U.S.)

Recent Key Industry Development:

• March 2024: Dematic, a subsidiary of Kion Group, signed a partnership agreement with PepsiCo, which deals in the convenience food and beverages sector. The basic aim of this agreement was to install AS/RS systems in the production and logistics center at Rojana, Thailand. This system has a capacity of storing 16,520 pallets. This system has advantages such as reducing the number of forklift trucks, reducing accidents, and reducing injuries to people.
• February 2024: Groupe Robert, based in Canada, signed a partnership with Dematic, a subsidiary of Kion Group. The partnership was established to open a new Quebec distribution center in North America. The facility is equipped with one of the tallest cranes, 130 feet for AS/RS systems, which support the fulfillment of frozen and fresh foods from highly controlled cold storage. These systems have a storage capacity of 60,000 pallets – 30,000 for fresh foods and 30,000 for frozen pallets.
• August 2023: Dematic, a subsidiary of Kion Group, signed a partnership with South West Healthcare, based in Victoria, U.S., that deals in providing healthcare-related services. The basic aim of the partnership was to bring automation to logistics operations. This system consists of installing an Autostore system to improve the healthcare product portfolio.
• August 2023: Dematic, a subsidiary of Kion Group, installed a new pallet buffer system for Vectura AS, based in Norway, which deals with logistics companies for alcoholic beverages. This system is installed over 700 square meters. This system can store 460 pallets per hour and retrieve 150 pallets per hour.
• June 2023: Vanderlande Industries provides Fastpick solutions to VF Corporation, based in Ontario, California, and deals in footwear, apparel, and accessories enterprise. This machine can ship 485,000 pallets every day. This machine can handle 10,500 parcel orders every hour.

Highlights of the Report:

• Fortune Business Insights employs a rigorous research methodology that includes primary research to validate the estimated market numbers and data triangulation based on top-down and bottom-up approaches.
• The most reliable published sources and appropriate stakeholder interviews provide the data utilized to project market sizes and forecasts for different segments at the national, regional, and worldwide levels.

Automated Storage and Retrieval Systems Market Report Scope [2032]

Report Title:

Automated Storage and Retrieval Systems Market CAGR: 6.4%

Report Coverage: Estimated and projected revenue, company overview, market competition, drivers of growth, and current trends

Segments Covered:

By Type

• Unit Load
• Rack Configuration
• Automated Pallet
• Robotic
• Others (Vertical Lift Module, etc.)

By Function

• Assembly
• Storage and Retrieval
• Kitting
• Distribution
• Others (Sorting, etc.)

By Industry

• Automotive
• Food & Beverage
• Retail & E-commerce
• Semiconductor and Electronics
• Healthcare
• General Manufacturing
• Others (Aviation, etc.)

By Region

• North America (By Type, By Function, By Industry, and By Country)
• Europe (By Type, By Function, By Industry, and By Country)
• Asia Pacific (By Type, By Function, By Industry, and By Country)
• Middle East & Africa (By Type, By Function, By Industry, and By Country)
• South America (By Type, By Function, By Industry, and By Country)

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Report Inclusions:

Market Overview: It provides an overview of the products and the size of the global Automated Storage and Retrieval Systems Industry. It provides an overview of the segmentation analysis that is presented in the report. The segments pertaining to product, application, and region are emphasized here. Estimates of the market for sales and revenue are also included in this chapter.

Competition: The competitive environments and trends are clarified in this section, along with a manufacturer analysis and data on average price by player, revenue and revenue shares of specific market participants, sales, and sales shares of specific players.

Region-wise Sales Analysis: This section of the report provides market data along with a breakdown of revenue, sales, and market shares by region. It also offers pricing structure, revenue, sales and growth rate, and a few other estimates for every studied regional market.

Company Profiles: This report’s section provides comprehensive, illuminating details on the financial and strategic business data of some of the top players in the global Automated Storage and Retrieval Systems Industry scene. This report’s chapter also covers product specs, portfolios, regional footprints, revenue shares, and a number of other topics.

FREQUENTLY ASKED QUESTIONS:

• How much was the global Automated Storage and Retrieval Systems Industry worth in 2024?
• Who are the top players actively operating across the market?
• How much will the global market be worth by 2032?
• What are the key market drivers?
• Which application segment is the leading across the globe?
• At what compound annual growth rate (CAGR) is the global market projected to grow in the forecast period?

Major Points from Table of Contents

Global Automated Storage and Retrieval Systems Market Research Report 2032, by Manufacturers, Regions, Types and Applications

• Introduction
• Objective of the Study
• Definition of the Market
• Market Scope
• Market Segment by Type, Application and Marketing Channel
• Major Regions Covered (North America, Europe, Asia Pacific, Mid East and Africa)
• Years Considered for the Study
• Currency Considered (U.S. Dollar)
• Key Findings of the Study
• Market Dynamics
• Driving Factors for this Market
• Factors Challenging the Market
• Opportunities of the Global Automated Storage and Retrieval Systems Industry (Regions, Growing/Emerging Downstream Market Analysis)
• Technological and Market Developments in the Automated Storage and Retrieval Systems Industry
• Industry News by Region
• Regulatory Scenario by Region/Country
• Market Investment Scenario Strategic Recommendations Analysis
• Value Chain of the Automated Storage and Retrieval Systems Market
• Value Chain Status
• Upstream Raw Material Analysis
• Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
• Distributors/Traders
• Downstream Major Customer Analysis (by Region)
• Global Automated Storage and Retrieval Systems Industry -Segmentation by Type
• Global Automated Storage and Retrieval Systems Industry -Segmentation by Application
• Global Automated Storage and Retrieval Systems Industry -Segmentation by Marketing Channel
• Competitive Intelligence Company Profiles
• Global Automated Storage and Retrieval Systems Market -Segmentation by Geography
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa
• Future Forecast of the Global Automated Storage and Retrieval Systems Industry
• Future Forecast of the Global Automated Storage and Retrieval Systems Industry from 2023 Segment by Region
• Global Speaker Production and Growth Rate Forecast by Type (2032)
• Global Speaker Consumption and Growth Rate Forecast by Application (2032)
• Appendix
• Methodology
• Research Data Source

Continued….

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