Automated Storage and Retrieval System Market Report 2026

The automated storage and retrieval system market size has grown strongly in recent years. It will grow from $11.16 billion in 2025 to $12.11 billion in 2026 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to expansion of large-scale distribution centers, rising warehouse labor shortages, increasing demand for space optimization, growth of automotive and electronics manufacturing logistics, adoption of pallet and mini-load automation.

The automated storage and retrieval system market size is expected to see strong growth in the next few years. It will grow to $16.68 billion in 2030 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to increasing investments in smart warehousing infrastructure, rising demand for rapid order fulfillment, expansion of e-commerce logistics automation, growing adoption in cold storage facilities, increasing focus on data-driven warehouse operations. Major trends in the forecast period include increasing deployment of high-density automated warehousing systems, rising adoption of robotics-integrated asrs platforms, growing integration of real-time inventory tracking, expansion of modular and scalable storage architectures, enhanced focus on order picking speed and accuracy.

The increasing demand for automation is significantly driving the growth of the automated storage and retrieval system market. Automation refers to the application of technologies with minimal human intervention for producing and delivering goods and services. The majority of industrial sectors are adopting automated systems, such as automated storage and retrieval systems, to reduce errors, eliminate repetitive tasks, and lower processing costs. The increasing demand for automation in industries is directly promoting the use of automated storage and retrieval systems. For instance, in September 2023, according to the International Federation of Robotics, a Germany-based non-profit organization, there were 553,052 industrial robot installations in factories globally, reflecting a year-on-year growth rate of 5% in 2022. Therefore, the rising demand for automation is driving the growth of the automated storage and retrieval system market.

Key players in this market are developing sophisticated automated storage and retrieval systems that incorporate innovative technologies for industrial applications, aiming to minimize errors, reduce repetitive tasks, and decrease processing costs. For example, in February 2024, Mecalux, a Spain-based storage system provider, introduced the 3D Automated Pallet Shuttle and Shuttle System. This system is designed to enhance high-density storage solutions for pallets and boxes. The 3D Automated Pallet Shuttle features a multi-directional shuttle car that navigates within storage channels and can change levels, maximizing compactness, productivity, and flexibility in pallet storage systems. In parallel, the Shuttle System streamlines the entry and exit of boxes, accelerating order picking and optimizing warehouse operations. Attendees will have the chance to explore these state-of-the-art automated storage solutions firsthand.

In January 2023, Jungheinrich AG, a Germany-based supplier of intralogistics solutions, acquired Storage Solutions Group for $375 million. This acquisition strengthens Jungheinrich's intralogistics operations by adding a complementary regional presence. Additionally, it creates a strong growth platform for warehouse automation solutions in the U.S. Storage Solutions Group is a U.S.-based provider of automated storage systems.

Major companies operating in the automated storage and retrieval system market are Schaefer Systems International Pvt. Ltd., Beumer Group, Daifuku Co. Ltd., Dematic (Kion Group AG), Honeywell International Inc., Kardex Holding AG, Knapp AG, Murata Machinery Singapore Pte. Ltd., TGW Logistics Group, Swisslog Holding AG, Mecalux SA, System Logistics S.p.A., Vanderlande Industries, Westfalia Technologies Inc., KUKA Deutschland GmbH, Toyota Industries Corporation, Viastore Systems GmbH, Bastian Solutions LLC, Conveyor Handling Company Inc., Flexcon Company Inc., Frazier Industrial Company, Hanel Storage Systems, Interlake Mecalux Inc., Kasto Maschinenbau GmbH & Co. KG, KION Group AG, Raymond Corporation, SencorpWhite Inc., Stöcklin Logistik AG, Grey Orange Pte. Ltd., Vecna Robotics Inc., Fives S.A.S., ASYST Automation, Symbotic.

Western Europe was the largest region in the automated storage and retrieval system market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automated storage and retrieval system market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automated storage and retrieval system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automated storage and retrieval system market consists of sales of carousel-based ASRS, vertical lift module (VLM) ASRS, mini-load ASRS, robotic shuttle-based ASRS, robotic cube-based ASRS. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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