Learn about the global automated storage and retrieval system market through The Business Research Company, which provides information on automated storage and retrieval system market size, automated storage and retrieval system market drivers and restraints, automated storage and retrieval system market players, the COVID-19 impact on the automated storage and retrieval system market, and more.

The global automated storage and retrieval system market size is expected to grow from $8.15 billion in 2021 to $8.8 billion in 2022 at a compound annual growth rate (CAGR) of 8.0%. The global automated storage and retrieval systems market size is expected to grow to $12 billion in 2026 at a CAGR of 8.1%.

The increasing demand for automation is significantly driving the growth of the automated storage and retrieval system market.

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The automated storage and retrieval system market consists of sales of automated storage and retrieval system by entities (organizations, sole proprietors, partnerships) that store, buffer, and retrieve products in warehouses and distribution centres. Automated storage and retrieval systems are computer-controlled systems that automatically place and retrieve loads from set storage locations in a facility and provide products security, eliminate damage, and increase productivity, speed, and accuracy.

Global Automated Storage And Retrieval System Market Segments Include:
By Type: Unit Load, Mid Load, Vertical Lift Module, Carousel, Mini Load

By Function: Distribution, Storage, Assembly, Kitting, Order Picking

By End-User: Automotive, Semiconductor and Electronics, General Manufacturing, Retail and Warehousing or Logistics, Aviation, Chemicals, Rubber, and Plastics, Healthcare and Pharma, Food and Beverage, Postal and Parcel

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the automated storage and retrieval system market in 2021.

Technological advancements are shaping the automated storage and retrieval systems market. Major market players are developing advanced automated storage and retrieval systems with innovative technologies for industrial use to cut back errors, reduce repetitive tasks, and lower processing costs.

TBRC’s automated storage and retrieval system market report covers:

Major Market Players: Schaefer Systems International Pvt Ltd, Beumer Group, Daifuku Co. Ltd., Dematic, Honeywell International Inc, Kardex, Knapp AG, Murata Machinery Singapore Pte. Ltd., TGW Logistics Group, Swisslog Holding AG, Mecalux, System Logistics S.p.A., Vanderlande Industries, Westfalia Technologies, Inc. and KUKA Deutschland GmbH.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Automated Storage And Retrieval System Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides automated storage and retrieval system market overviews, analyzes and forecasts market size, share, automated storage and retrieval system market players, automated storage and retrieval system market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s automated storage and retrieval system market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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