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Automated Storage and Retrieval System Market Share

Report ID: GMI6968
Published Date: May 2024
Report Format: PDF

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Automated Storage and Retrieval System Market Share

Daifuku Co. Ltd, Honeywell International Inc. and Knapp AG hold a significant market share of over 14% in the market. Daifuku Co. Ltd focuses on providing customized and integrated automated storage and retrieval solutions tailored to specific customer needs. It offers comprehensive services to deliver efficient & scalable systems that optimize operations and enhance productivity.

Honeywell International Inc. and Knapp AG’scompetitive strategy revolves around innovation and technological advancements. The company invests heavily in R&D to introduce cutting-edge automated storage and retrieval solutions that leverage advanced technologies such as robotics, AI, and IoT.

Automated Storage and Retrieval System Market Companies

Major players operating in the automated storage and retrieval system industry are:

Bastian Solutions, LLC
Daifuku Co. Ltd
Dematic (Kion Group AG)
Honeywell International Inc.
Knapp AG
Murata Machinery Ltd
Schaefer Systems International Pvt Ltd

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Automated storage and retrieval system (ASRS) industry size was worth USD 8.5 billion in 2023 and is projected to expand at over 8% CAGR from 2024 to 2032, due to the increasing occurrence of warehouse fatalities and injuries.

The retail & e-commerce segment in the automated storage and retrieval system (ASRS) market held 25% share in 2023 and is estimated to grow at substantial rate between 2024 and 2032, owing to the burgeoning demand for faster order fulfillment.

North America automated storage and retrieval system (ASRS) industry recorded over 38% share in 2023 and is projected to expand at significant rate between 2024 and 2032, led by the thriving e-commerce sector and the increasing focus on supply chain optimization.

Bastian Solutions, LLC, Daifuku Co. Ltd, Dematic (Kion Group AG), Honeywell International Inc., Knapp AG, Murata Machinery Ltd, and Schaefer Systems International Pvt Ltd.