Market Share of Automated Storage and Retrieval System Industry
The studied market appears favorably competitive, with significant players adopting strategies like product innovation and mergers and acquisitions. The growing presence of major manufacturers in the automated storage and retrieval sector is expected to intensify competitive rivalry during the forecast period. Market incumbents, such as Daifuku and Schaefer Systems International Pvt Ltd., considerably influence the overall market. Moreover, the growing deployment of such systems, especially in warehouse automation, is also having a significant impact on the competitiveness of the major players.
In July 2023, the Kraft Heinz Company announced an investment of more than USD 400 million to build one of the largest automated CPG distribution centers in North America. The facility’s design includes a 24/7 automated storage and retrieval system with the ability to drive twice the volume for Kraft Heinz customers, distributing more than 60 percent of the Company’s food service business and approximately 30 percent of all dry goods.
In April 2023, ABB Robotics announced the enhancement of its industry-leading logistics automation portfolio with the launch of the Robotic Item Picker, which is a new AI and vision-based solution that can accurately detect and pick items in unstructured environments in warehouses and fulfillment centers. The Item Picker reduces engineering effort and accelerates time-to-market by easily integrating into existing automated storage and retrieval solutions, such as shuttle, cubic, and 3D storage solutions.
Automated Storage & Retrieval System (ASRS) Market Leaders
Daifuku Co. Ltd
Schaefer Systems International Pvt Ltd
Dematic (Kion Group AG)
Murata Machinery Ltd
Mecalux SA
*Disclaimer: Major Players sorted in no particular order
