Automated Storage And Retrieval Systems Market Size, Share & Trends Analysis growing at a CAGR of 8.0% from 2025 to 2030
The global automated storage and retrieval systems market size was estimated at USD 6,528.6 million in 2024 and is projected to reach USD 10,305.5 million by 2030, growing at a CAGR of 8.0% from 2025 to 2030. Automated storage and retrieval systems (AS/RS) include hardware and software for automating the storage function.
Key Market Trends & Insights
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
- In terms of segment, unit load cranes accounted for a revenue of USD 1,516.9 million in 2024.
- Robotic Shuttle Based is the most lucrative type segment registering the fastest growth during the forecast period.
Market Size & Forecast
- 2024 Market Size: USD 6,528.6 Million
- 2030 Projected Market Size: USD 10,305.5 Million
- CAGR (2025-2030): 8.0%
- North America: Largest market in 2024
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The AS/RS provides high-density storage and saves about 85% of the space by racking and shelving. AS/RS systems reduce labor costs by about 60% compared to manual shelving. The several benefits offered by AS/RS are improving its adoption and are further expected to boost the demand during the forecast duration significantly.
The market penetration of AS/RS in warehouses is only about 15-20%, which presents a tremendous growth opportunity to tap the pending 80-85% of the untapped market. AS/RS provides 99.9% pick accuracy for the desired item or product from the storage. The high pick accuracy ensures smooth warehouse operations for any functions, including storage, order picking, and assembly. It also helps in avoiding any possible delays in product retrieval. Different types of systems are deployed depending on the load or weight of the product, volume of storage, and industry vertical.
Automated storage and retrieval systems have certain disadvantages, including vulnerability to power outages, mechanical breakdowns, the need for regular maintenance, and occasional misplacing of items. Due to their complex nature, automated systems such as AS/RS require expertise to operate and manage. Inadequacy of skilled labor, especially in nations such as India and China, is a restraining factor for the growth of the target market. Moreover, the rapidly changing technologies and nature of end-use markets such as retail and healthcare create a challenge to developing flexible, adaptable, and scalable systems.
The growing focus on labor cost reduction and efficiency and the increasing demand for warehouse automation are driving the growth of the global market. According to the International Federation of Robotics (IFR)’s 2024 World Robotics report, in 2023, over 4 million units were operating in factories globally, an increase of about 10% from 2022. Labor shortages and rising labor costs are prompting companies to automate repetitive tasks. ASRS allows for greater operational efficiency and optimizes space utilization, helping cut down labor requirements, reduce human error, and minimize long-term costs.
