North America Automated Storage and Retrieval System (ASRS) Market Forecast to 2030 - COVID-19 Impact and Regional Analysis by Type (Unit Load ASRS, Mini Load ASRS, Vertical Lift Module, Vertical Carousels, Horizontal Carousels, AutoStore, and Others) and End use Industry (Automotive, Food & Beverages, Electronic & Semiconductors, E-Commerce, Chemicals, Aerospace, Retail, Pharmaceuticals, and Others)

Name: North America Automated Storage and Retrieval System (ASRS) Market
SKU: Electronics and Semiconductor
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The North America Automated Storage and Retrieval System (ASRS) market is expected to grow from US$ 688.51 million in 2022 to US$ 1,159.30 million by 2030. It is estimated to grow at a CAGR of 6.7% from 2022 to 2030.

Need for Efficient Supply Chain is Fuelling North America Automated Storage and Retrieval System (ASRS) Market

Rapid digitization across the North America, along with a significantly high production rate, is pressurizing organizations to rely more on machines for enhanced productivity and accuracy. In this era of automation, these automated and programmed machinery play a vital role in reducing the associated cost and time and providing additional features of control, monitoring, and security.

A supply chain is one of the key sources of competitive advantage for companies that drives their businesses. Supply chain systems have gained importance in the last few years due to high competition in the product-based market. A strong supply chain ensures a proper balance between the supply and demand of the product in the market. Thus, many industry verticals are engaged to build strong supply chain for customers. ASRS supports the operational flow of the supply chain at the initial stage. ASRS is applied in slow and medium-moving order fulfillment and inventory management applications, ensuring increased efficiency. Thus, the rising demand for efficient supply chain implementations is driving the need for ASRS.

North America Automated Storage and Retrieval System (ASRS) Market Overview

The US, Canada, and Mexico are among the key countries in North America, which is a hub of technological development. As a result, the continuously evolving manufacturing industry in the region remains the principal factor driving prosperity, jobs, and innovation. With the increasing popularity of IoT, companies in the US are finding ways to implement IoT with automated storage solutions, which would further result in time and cost savings for them. IoT-integrated automated storage solutions enable remote monitoring, timely report status generation, quicker recovery in case of any errors, and more efficiency in work. North America has a well-established and huge retail industry, with the vast presence of omnichannel suppliers. These suppliers are the largest consumers of material handling solutions such as ASR. A few of the retailers that have installed ASRS are Wegmans Food Markets, Inc.; Associated Food Stores; and The Stop & Shop Supermarket Company.

Having a strong hold on technologies, North America has a strong potential for the growth of the automated storage and retrieval systems (ASRS) market. Automotive, e-commerce, retail, pharmaceutical, and logistics industries generate high demand for ASRS in North America. Further, the rise in e-commerce activities contributes to a surge in the implementation of ASRS, which helps e-commerce companies to meet customers’ demands on time. According to Digital Commerce 360, the US witnessed the highest ever Q4 e-commerce sales in the Q4 of 2022. The sales increased from US$ 281.58 billion in Q4 2021 to US$ 299.12 billion in Q4 2022, at a rate of 6.2%. Thus, rising e-commerce sales in North America indicate opportunities for the growth of the automated storage and retrieval systems (ASRS) market.

Westfalia Technologies, Inc. provides automated solutions with components such as storage/retrieval machine (S/RM), telescopic fork load extraction devices, warehouse management software and its control software, and triple rail support AS/RS rack structure. Various other vendors from North America, such as Bastian Solutions, Inc., Mecaluix S.A, and SSI Shaefer Systems, are offering ASRS for the logistics, food & beverages, electronics, aerospace, automotive, and retail industries.

North America Automated Storage and Retrieval System (ASRS) Market Revenue and Forecast to 2030 (US$ Million)

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North America Automated Storage and Retrieval System (ASRS) Market Segmentation

The North America Automated Storage and Retrieval System (ASRS) market is segmented into type, end use industry, and country. Based on type, the market is categorized into unit load ASRS, mini load ASRS, vertical lift module, vertical carousels, horizontal carousels, autoStore, and others. The vertical lift module segment registered the largest market share in 2022.

Based on end use industry, the market is segmented into automotive, food & beverage, e-commerce, chemicals, aerospace, retail, pharmaceuticals, and others. The e-commerce held the largest market share in 2022.

Based on country, the market is segmented into the US, Canada, Mexico. The US dominated the market share in 2022.

SSI Schafer; Swisslog Holding AG; System Logistics SpA; Bastian Solutions LLC; Daifuku Co Ltd; Kardex Holding AG; KNAPP AG; Mecalux SA; Vanderlande Industries BV; and Autocrib Inc are the leading companies operating in the Automated Storage and Retrieval System (ASRS) in the region.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Automated Storage and Retrieval System (ASRS) Market – By Type

1.3.2 North America Automated Storage and Retrieval System (ASRS) Market – By End Use Industry

1.3.3 North America Automated Storage and Retrieval System (ASRS) Market- By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Automated Storage and Retrieval System (ASRS) Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. North America Automated Storage and Retrieval System (ASRS) Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Optimized and Space-Efficient Storage Systems

5.1.2 Need for Efficient Supply Chain

5.1.3 Emergence of Automation In Storage and Retrieval Tasks

5.2 Market Restraints

5.2.1 Requirement of High Initial Investment

5.3 Market Opportunities

5.3.1 Increasing Demand for Automation in the E-commerce Industry

5.3.2 Growth in demand for Cold Storage ASRS

5.4 Future Trends

5.4.1 Integration of Robotics

5.5 Impact Analysis of Drivers and Restraints

6. Automated Storage and Retrieval System (ASRS) Market – North America Analysis

6.1 North America Automated Storage and Retrieval System (ASRS) Market Overview

6.2 North America Automated Storage and Retrieval System (ASRS) Market – Revenue and Forecast to 2030 (US$ Million)

7. North America Automated Storage and Retrieval System (ASRS) Market Analysis – By Type

7.1 Overview

7.2 Automated Storage and Retrieval System (ASRS) Market Revenue Breakdown, By Type (2021 and 2028)

7.3 Unit Load ASRS

7.3.1 Overview

7.3.2 Unit Load ASRS: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

7.4 Mini Load ASRS

7.4.1 Overview

7.4.2 Mini Load ASRS: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

7.5 Vertical Lift Module

7.5.1 Overview

7.5.2 Vertical Lift Module: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

7.6 Vertical Carousels

7.6.1 Overview

7.6.2 Vertical Carousels: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

7.7 Horizontal Carousels

7.7.1 Overview

7.7.2 Horizontal Carousels: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

7.8 AutoStore

7.8.1 Overview

7.8.2 AutoStore: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

7.9 Others

7.9.1 Overview

7.9.2 Others: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

8. North America Automated Storage and Retrieval System (ASRS) Market Analysis – By End Use Industry

8.1 Overview

8.2 Automated Storage and Retrieval System (ASRS) Market, By End Use Industry (2021 and 2028)

8.3 Automotive

8.3.1 Overview

8.3.2 Automotive: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

8.4 Food & Beverages

8.4.1 Overview

8.4.2 Food & Beverages: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

8.5 Electronics & Semiconductor

8.5.1 Overview

8.5.2 Electronics & Semiconductor: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

8.6 E-Commerce

8.6.1 Overview

8.6.2 E-Commerce: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

8.7 Chemicals

8.7.1 Overview

8.7.2 Chemicals: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

8.8 Aerospace

8.8.1 Overview

8.8.2 Aerospace: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

8.9 Retail

8.9.1 Overview

8.9.2 Retail: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

8.10 Pharmaceuticals

8.10.1 Overview

8.10.2 Pharmaceuticals: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

8.11 Others

8.11.1 Overview

8.11.2 Others: Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

9. North America Automated Storage and Retrieval System (ASRS) Market –Country Analysis

9.1 North America: North America Automated Storage and Retrieval System (ASRS) Market

9.1.1 Overview

9.1.2 North America Automated Storage and Retrieval System (ASRS) Market Breakdown, by Country

9.1.2.1 US Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030

9.1.2.1.1 US Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type

9.1.2.1.2 US Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type

9.1.2.1.3 US Automated Storage and Retrieval System (ASRS) Market Breakdown, By End Use Vertical

9.1.2.2 Canada Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030

9.1.2.2.1 Canada Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type

9.1.2.2.2 Canada Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type

9.1.2.2.3 Canada Automated Storage and Retrieval System (ASRS) Market Breakdown, By End Use Vertical

9.1.2.3 Mexico Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030

9.1.2.3.1 Mexico Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type

9.1.2.3.2 Mexico Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type

9.1.2.3.3 Mexico Automated Storage and Retrieval System (ASRS) Market Breakdown, By End Use Vertical

10. Industry Landscape

10.1 Overview

10.2 Market Initiative

10.3 New Product Development

10.4 Merger and Acquisition

11. Company Profiles

11.1 SSI Schafer

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Swisslog Holding AG

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 System Logistics SpA

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Bastian Solutions LLC

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Daifuku Co Ltd

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Financial Overview

11.5.4 SWOT Analysis

11.5.5 Key Developments

11.6 Kardex Holding AG

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 KNAPP AG

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Mecalux SA

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 Vanderlande Industries BV

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 Autocrib Inc

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Word Index

LIST OF TABLES

Table 1. North America Automated Storage and Retrieval System (ASRS) Market – Revenue and Forecast to 2030 (US$ Million)

Table 2. North America Automated Storage and Retrieval System (ASRS) Market – Volume and Forecast to 2030 (Units)

Table 3. Unit Load ASRS: Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)

Table 4. Mini Load ASRS: North America Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)

Table 5. Vertical Lift Module: North America Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)

Table 6. Vertical Carousels: North America Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)

Table 7. Horizontal Carousels: North America Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)

Table 8. AutoStore: North America Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)

Table 9. Others: North America Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)

Table 10. North America Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast To 2030 – By Country (US$ Million)

Table 11. North America Automated Storage and Retrieval System (ASRS) Market, Volume and Forecast To 2030 – By Country (Units)

Table 12. US Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By Type (US$ Million)

Table 13. US Automated Storage and Retrieval System (ASRS) Market, Volume and Forecast to 2030 – By Type (Units)

Table 14. US Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By End Use Vertical (US$ Million)

Table 15. Canada Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By Type (US$ Million)

Table 16. Canada Automated Storage and Retrieval System (ASRS) Market, Volume and Forecast to 2030 – By Type (Units)

Table 17. Canada Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By End Use Vertical (US$ Million)

Table 18. Mexico Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By Type (US$ Million)

Table 19. Mexico Automated Storage and Retrieval System (ASRS) Market, Volume and Forecast to 2030 – By Type (Units)

Table 20. Mexico Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By End Use Vertical (US$ Million)

Table 21. List of Abbreviation

LIST OF FIGURES

Figure 1. North America Automated Storage and Retrieval System (ASRS) Market Segmentation

Figure 2. North America Automated Storage and Retrieval System (ASRS) Market Segmentation – By Country

Figure 3. North America Automated Storage and Retrieval System (ASRS) Market Overview

Figure 4. Vertical Lift Module Segment held the Largest Share of Automated Storage and Retrieval System (ASRS) Market

Figure 5. E-Commerce Segment held the Largest Share of Automated Storage and Retrieval System (ASRS) Market

Figure 6. The US Segment held the Largest Share of Automated Storage and Retrieval System (ASRS) Market

Figure 7. North America: PEST Analysis

Figure 8. North America Ecosystem Analysis

Figure 9. North America Expert Opinion

Figure 10. North America Automated Storage and Retrieval System (ASRS) Market Impact Analysis of Drivers and Restraints

Figure 11. North America Automated Storage and Retrieval System (ASRS) Market – Revenue and Forecast to 2030 (US$ Million)

Figure 12. North America Automated Storage and Retrieval System (ASRS) Market Revenue Share, By Type (2021 and 2028)

Figure 13. Unit Load ASRS: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 14. Mini Load ASRS: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 15. Vertical Lift Module: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 16. Vertical Carousels: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 17. Horizontal Carousels: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 18. AutoStore: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 19. Others: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 20. North America Automated Storage and Retrieval System (ASRS) Market Revenue Share, By End Use Industry (2021 and 2028)

Figure 21. Automotive: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 22. Food & Beverages: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 23. Electronics & Semiconductor: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 24. E-Commerce: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 25. Chemicals: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 26. Aerospace: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 27. Retail: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 28. Pharmaceuticals: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 29. Others: North America Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)

Figure 30. North America: Automated Storage and Retrieval System (ASRS) Market, by Key Country – Revenue(2021) (US$ Million)

Figure 31. North America Automated Storage and Retrieval System (ASRS) Market Breakdown, by Country, 2021 & 2030 (%)

Figure 32. US Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 (US$ Million)

Figure 33. Canada Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 (US$ Million)

Figure 34. Mexico Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 (US$ Million)

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America Automated Storage and Retrieval System (ASRS) Market.
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The key findings and recommendations highlight crucial progressive industry trends in North America Automated Storage and Retrieval System (ASRS) Market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America Automated Storage and Retrieval System (ASRS) Market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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