Press release
Automated Storage and Retrieval System Market worth $14.80 Billion in 2030, at a CAGR of 8.5%
Automated Storage and Retrieval System Market
The report "Automated Storage and Retrieval System Market [https://www.marketsandmarkets.com/Market-Reports/automated-storage-retrieval-system-market-195267987.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=automatedstorageandretrievalsystemmarket] by Type (Unit Load ASRS, Mini Load ASRS, Mid-Load ASRS, Vertical Lift Module (VLM), Vertical Carousel, Horizontal Carousel) by Payload Capacity (1,500 kg) - Global Forecast to 2030" The global automated storage & retrieval system market is expected to grow from USD 9.86 billion in 2025 to USD 14.80 billion in 2030, with a CAGR of approximately 8.5%. This growth is attributed to the increased adoption of automation and digital transformation across e-commerce, automobile, and pharmaceutical sectors. The factors that drive the industry include an efficient method of inventory management, low operational costs, and high safety standards. Advanced technologies like loT, robotics, and Al integration ensure precise and efficient operations, driving market growth. ASRS has become vital to optimize work cycles, to cut down the manual intervention that impacts sustainability practices while being the backbones in most modern supply chains.
Download PDF Brochure @ [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=195267987&utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=automatedstorageandretrievalsystemmarket]
Browse 150 market data Tables and 60 Figures spread through 270 Pages and in-depth TOC on "Automated Storage and Retrieval System Market"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/automated-storage-retrieval-system-market-195267987.html [https://www.marketsandmarkets.com/Market-Reports/automated-storage-retrieval-system-market-195267987.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=automatedstorageandretrievalsystemmarket]
Image: https://www.marketsandmarkets.com/Images/automated-storage-retrieval-system-market.webp [https://www.marketsandmarkets.com/Market-Reports/automated-storage-retrieval-system-market-195267987.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=automatedstorageandretrievalsystemmarket]
Unit load systems are anticipated to hold a significant share in the Automated Storage and Retrieval System market during the forecast period. Unit load systems are well known for their capacity to work well for large and heavy loads, and for their importance in such areas of industry as manufacturing, warehousing and logistics. Their scalability and inherent ability to integrate with current infrastructure enable companies to gain better material handling with increased productivity and lower labor and error costs. These systems are most valuable for automating large-scale storage and retrieval processes, achieving operational efficiency in situations of high demand. Due to the development of the automation technology, such as smart control systems and enhanced safety devices, the reliability and application of unit load systems have been further promoted. As industries expand their focus on opportunities to improve supply chains, unit load systems will continue to play a vital role in the ASRS market.
By Industry, the automotive sector is expected to hold a significant share in the Automated Storage and Retrieval System market during the forecast period.
The automotive industry heavily relies on ASRS solutions in order to make their complex supply chains smooth, to handle the high volume of inventory, and support just-in-time manufacturing processes. These systems offer efficient handling of heavy and large-scale car parts, such that the storage happens to be accurate and quick, and this is critical to the maintenance of production timelines. The integration of advanced technologies such as inventory tracking and automated control systems increases efficiency in operating them and minimizes labor costs. In addition, automation in assembly lines and spare parts management has increased the need for ASRS in the sector. With automotive manufacturers increasingly focusing on efficiency and productivity, ASRS continues to play a pivotal role in optimizing operations.
By Region, the Asia-Pacific region is expected to record the highest CAGR in the Automated Storage and Retrieval System market during the forecast period.
The demand for ASRS solutions in Asia-Pacific is being driven by rapid industrialization and the expansion of sectors such as e-commerce, automotive, and metals and heavy machinery in emerging countries like China, India, and Japan. Businesses in the region are increasingly using automation to solve issues such as labor shortages, increased operational costs, and effective inventory management. Increased interest in warehouse optimization along with government efforts to increase industrial automation has fueled the adoption of ASRS even more. Technology advancement and increasing presence of global and regional ASRS providers in APAC have further strengthened the market. The region is expected to see significant growth in the ASRS market, given the growing investments in logistics infrastructure.
Major companies operating in the automated storage & retrieval system market include TGW Logistics Group (Austria), Kardex (Switzerland), Daifuku Co., Ltd. (Japan), Murata Manufacturing Co., Ltd. (Japan), SSI SCHAEFER (Germany).
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=automated-storage-and-retrieval-system-market-worth-1480-billion-in-2030-at-a-cagr-of-85]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Delray Beach
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/automated-storage-retrieval-system-market-195267987.html
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automated Storage and Retrieval System Market worth $14.80 Billion in 2030, at a CAGR of 8.5% here
News-ID: 3867762 • Views: …
More Releases from ABNewswire
Kali Luxe Reaches 20,000 Customers with Sculpting Skincare Rituals Replacing Sha …
Kali Luxe has rapidly grown to serve over 20,000 women through its clean, dermatologist-approved body sculpting skincare line that offers ritual-based alternatives to shapewear and invasive procedures. The startup brand addresses targeted body care concerns including stretch marks, uneven texture, and waistline refinement through luxury formulations designed for overlooked areas of women's body care routines.
Kali Luxe has achieved remarkable growth in the body care market, reaching over 20,000 customers since…
RC Adventures, LLC Opens Community-Focused Hobby Shop with Indoor Rock Crawling …
RC Adventures, LLC has opened its doors as a comprehensive remote control hobby destination featuring both brick-and-mortar and online shopping experiences. The new store distinguishes itself with an indoor rock crawling course, dedicated kids' sandbox, construction equipment dirt area, and rental services, creating a community hub for RC enthusiasts of all ages and skill levels.
RC Adventures, LLC has officially launched operations as a full-service remote control hobby destination, combining traditional…
Caneca Coffee Roasters Launches with Experiential Approach to Specialty Coffee, …
Caneca Coffee Roasters has entered the specialty coffee market with a distinctive philosophy that positions every bean as a story and every cup as a transformative journey. The new roastery offers carefully crafted blends including Shanta's Fruit, Golden Dawn Blend, Espresso Blend, House Blend, and a bold DECAF option, each designed to capture vibrant flavors from the world's finest coffee-growing regions.
Caneca Coffee Roasters has officially launched operations with an experiential…
Atlanta's Trio Tailoring, LLC Celebrates Over a Decade of Making Custom Clothing …
Trio Tailoring, LLC marks more than ten years of serving Atlanta's professional community with affordable, high-quality custom clothing. The established clothier has become the go-to destination for wedding grooms, attorneys, and corporate professionals seeking personalized garments that deliver exceptional value without compromising on craftsmanship or style.
Since establishing its presence in Atlanta's fashion and professional apparel market over a decade ago, Trio Tailoring, LLC has built a loyal following among discerning…
More Releases for ASRS
Key Influencer in the ASRS For Garments On Hangers Market 2025: E-Commerce Boom …
"What Is the Forecasted Market Size and Growth Rate for the ASRS For Garments On Hangers Market?
The ASRS for garments on hangers market has experienced strong growth in recent years. It is expected to expand from $1.9 billion in 2024 to $2.08 billion in 2025, at a compound annual growth rate (CAGR) of 9.5%. The historical growth can be attributed to the rise of retail and e-commerce, increasing environmental awareness,…
Germany ASRS Market 2023 Driving Factors Forecast Research 2029
The German automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of over 10.0% during the forecast period. This Germany ASRS Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under…
US ASRS Market 2023 Driving Factors Forecast Research 2029
The US automated storage and retrieval system (ASRS) market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 10.2% during the forecast period. US ASRS Market report provides us with a complete outlook on thorough assessment of thorough data about vital feature of the global industry related to market size, revenue, development and market sales. This study report captures regulatory…
Indian ASRS Market 2023 Driving Factors Forecast Research 2029
The Indian automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of 12.7% during the forecast period. Indian ASRS Market report provides us with a complete outlook on thorough assessment of thorough data about vital feature of the global industry related to market size, revenue, development and market sales. This study report captures regulatory concerns and entry barriers that greatly affect the market growth. This…
China ASRS Market to Witness Robust Expansion by 2029
China automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of 11.3% during the forecast period. The major factors that are driving the China ASRS market include the rising focus of the warehousing companies towards automation and the significant growth of e-commerce and retail industries in the country. China has rapidly positioned itself as a global leader in terms of automation. According to the International…
US ASRS Market 2023 Driving Factors Forecast Research 2029
The US automated storage and retrieval system (ASRS) market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 10.2% during the forecast period. The growth of the market is majorly driven by the increasing application of these systems in end-user industries such as retail, e-commerce, automobile, and healthcare industry among others. In addition, the well-established ICT infrastructure of the country…
