As technology has evolved, the flow and control of materials has become better thanks to ASRS. The device provides better visualization and is able to handle variability, variety and volume at higher speeds, resulting in higher value. ASRS also enables goods-to-person order fulfillment, improving workplace material and worker safety and security. The main drivers of ASRS are the increasing automation of work activities and the shifting focus of enterprises to core business activities.

The demand for consumer goods continues to grow in both volume and variety. Increased demand has increased the pressure on warehouses to store and retrieve products, avoiding waste and losses due to handling and storage. ASRS equipment and software enable real-time control of material flow in any facility, making it the ideal solution for all warehouses and distribution centers.

E-commerce leads the ASRS demand in the retail industry:

The retail industry has undergone massive changes, with considerable growth in many countries. The competition that businesses face drives them to improve processes and increase efficiency to meet customer demands. Changing lifestyles are keeping customers busy, and buying patterns are shifting to online shopping. Faster delivery channels and strategic locations of distribution centers and warehouses are now a necessity rather than an option. In view of the global e-commerce trends, the demand for ASRS in the retail industry is expected to increase during the forecast period. The increased cost of real estate surrounding existing facilities has incentivized industries to choose these systems because ASRS provides additional benefits.

The Asia-Pacific region has the greatest demand:

The increasing demand for automation in Asia Pacific is coming from countries such as China, South Korea, Japan, Indonesia, Malaysia, Taiwan, etc. This unprecedented market demand can be attributed to rising labor costs, stricter employee safety regulations, and the need to improve accuracy through better control processes. The manufacturing industry in the region is trying to compete with the advanced and automated industries in North America and Europe. To gain an advantage over other regions, countries in the region are making strategic moves to increase efficiency and reduce long-term operating costs by moving to fully automated solutions. The retail industry is experiencing tremendous growth owing to the rising number of online shoppers in the region.

Article Source：https://www.marketwatch.com/press-release/automated-storage-and-retrieval-system-asrs-market-5-marketing-concepts-report-2023-2030-2023-05-18