Middle East & Africa Automated Storage and Retrieval System (ASRS) Market

The Middle East & Africa Automated Storage and Retrieval System (ASRS) Market is expected to grow from US$ 164.47 million in 2022 to US$ 282.40 million by 2030. It is estimated to grow at a CAGR of 7.0% from 2022 to 2030. 

Increasing Demand for Automation in the E-Commerce Industry is Fuelling the Middle East & Africa Automated Storage and Retrieval System (ASRS) Market

The development of the e-commerce industry goes hand-in-hand with the growth of the automated storage industry. Inventory sold by e-commerce sellers is stored in warehouses, and to reduce the time for sorting and stocking these products, ASRS seems to be one of the best tools. The purchasing pattern of consumers is moving toward online shopping. This is contributing to the growing sales of the e-commerce industry, which fuels the rising demand for ASRS in the e-commerce industry. Further, customers expect faster delivery time, owing to which e-commerce players are adopting automation in their processes. The fluctuations in demand for stock-keeping units (SKUs) create complexities in picking operations, which in turn, slows down the fulfillment process. Along with managing SKU demand fluctuations, an ASRS also advances the fulfillment process, thus, allowing e-commerce as well as omnichannel retailers to adhere better to service level agreements by fulfilling order delivery commitments. Thus, the benefits of ASRS ease the automation process, which propels the demand for ASRS in the e-commerce industry.

The Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Overview

The automated storage and retrieval systems (ASRS) market in the Middle East & Africa is further segmented into Saudi Arabia, the UAE, South Africa, and the Rest of the Middle East & Africa. The market in the Middle East is growing gradually with increasing implementations of these systems in the oil & gas, retail, pharmaceutical, and logistics industries. These industries seek modern solutions that can optimize their inventories and help them deliver products on time to consumers. This eventually helps them maintain a perfect balance between supply and demand and achieve cost savings and better operational efficiencies.

In the Middle East & Africa, large-scale retail outlet chains and e-commerce generate a high demand for ASRS. The rising number of high-income people and growing tourist visits are among the significant factors contributing to the expansion of the retail industry, which signifies the need for effective material-handling solutions. Companies in Africa are highly involved in providing ASRS to several industries to stay competitive in the market. For instance, Racking Africa offers ASRS to assist warehouse operators in increasing their productivity and managing the control of stocks through their highly reliable solutions. The company offers a broad range of automated storage systems, which include mini loads, pallet stacker cranes, carousels, shuttles, satellites, and synchronized and curved systems.

Many companies such as Amazon, eBay, and Alibaba are investing in the Middle East & Africa to expand their businesses. According to Arab News in November 2022, Amazon opened a new office in Riyadh, Saudi Arabia, to boost its e-commerce and logistics operations across the country. This expansion would support the digital economy of the country in line with its Saudi Vision 2030. Thus, with the expansion of e-commerce giants in the Middle East & Africa, the market for ASRS is also expected to grow at a healthy rate in the future.

The Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Revenue and Forecast to 2030 (US$ Million)

Middle East & Africa Automated Storage and Retrieval System (ASRS) Strategic Insights

Strategic insights for the Middle East & Africa Automated Storage and Retrieval System (ASRS) provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Middle East & Africa Automated Storage and Retrieval System (ASRS) Report Scope

Middle East & Africa Automated Storage and Retrieval System (ASRS) Regional Insights

The geographic scope of the Middle East & Africa Automated Storage and Retrieval System (ASRS) refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Segmentation

The Middle East & Africa 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 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 Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. The UAE dominated the market share in 2022.  

SSI Schafer; Swisslog Holding AG; System Logistics SpA; Bastian Solutions LLC; Kardex Holding AG; KNAPP AG; and Autocrib Inc are the leading companies operating in the Automated Storage and Retrieval System (ASRS) market in the region.