AUTOMATED STORAGE AND RETRIEVAL SYSTEM MARKET ANALYSIS

Regional Analysis

To learn more about this report, request a free sample copy

The North America region currently dominates the global automated storage and retrieval system market. This region accounts for over 41.3% in 2024 of the total market share due to strong presence of major players across various end-use industries. The U.S. alone contributes to more than 70% of the regional market owing to high demand from industries such as e-commerce, automotive, food & beverage etc. These industries are undergoing rapid modernization to enhance operational efficiency. This has led to significant adoption of AS/RS across different facilities to handle large inventory and fulfill material movement needs.

Besides strong infrastructure to support manufacturing sector, the region also emphasizes on technological innovation. North American players are investing heavily in research activities to develop advanced AS/RS solutions tailored as per needs of specific applications. Many new startups are also entering the market with focus on Industry 4.0 technologies like Internet of Things (IoT), big data, 3D printing, etc. This has fueled the development of smart automated warehouses. Rising demand for smaller inventory sizes combined with highly fluctuating order profiles is encouraging industries to integrate AS/RS for better space utilization. International trade between Mexico and the U.S. also contributes significantly to regional market growth.

The Asia Pacific region is considered as one of the fastest growing markets for automated storage and retrieval systems globally. The growth can be attributed to rapid industrialization and expansion of warehousing facilities across Southeast Asian countries like China, India, and Japan to accommodate growing import-export activities. As a major trade partner for North America and Europe, Asia Pacific is emerging as a production powerhouse catering to global supply chains. Different economic policies adopted by governments to boost "Make in India" and "China Manufacturing 2025" initiatives have created immense potential for material handling equipment market like AS/RS in the region.

Countries in Asia Pacific also display price sensitivity compared to their European or American counterparts. This has fueled local manufacturing of affordable AS/RS and emergence of new regional players. Ongoing trade wars have further accelerated the regional transition towards self-reliance in terms of production. Major industries spearheading adoption of AS/RS include electronics, automotive, consumer goods, pharmaceuticals among others. Rapid urbanization is also catalyzing growth of e-commerce sector which extensively leverages automated warehouses for superior order management.