Middle East & Africa 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)
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)
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.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – By Type
1.3.2 Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – By End Use Industry
1.3.3 Middle East & Africa 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. Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Middle East & Africa
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Middle East & Africa 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 – Middle East & Africa Analysis
6.1 Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue and Forecast to 2030 (US$ Million)
7. Middle East & Africa 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 2030)
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. Middle East & Africa 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 2030)
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. Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – By Country Analysis
9.1 Middle East & Africa: Automated Storage and Retrieval System (ASRS) Market
9.1.1 Overview
9.1.2 Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Breakdown, by Country
9.1.2.1 Saudi Arabia Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030
9.1.2.1.1 Saudi Arabia Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type
9.1.2.1.2 Saudi Arabia Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type
9.1.2.1.3 Saudi Arabia Automated Storage and Retrieval System (ASRS) Market Breakdown, By End Use Vertical
9.1.2.2 UAE Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030
9.1.2.2.1 UAE Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type
9.1.2.2.2 UAE Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type
9.1.2.2.3 UAE Automated Storage and Retrieval System (ASRS) Market Breakdown, By End Use Vertical
9.1.2.3 South Africa Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030
9.1.2.3.1 South Africa Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type
9.1.2.3.2 South Africa Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type
9.1.2.3.3 South Africa Automated Storage and Retrieval System (ASRS) Market Breakdown, By End Use Vertical
9.1.2.4 Rest of Middle East & Africa Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030
9.1.2.4.1 Rest of Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type
9.1.2.4.2 Rest of Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Breakdown, By Type
9.1.2.4.3 Rest of Middle East & Africa 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 Kardex Holding AG
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 KNAPP 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 Autocrib Inc
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
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue and Forecast to 2030 (US$ Million)
Table 2. Middle East & Africa 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: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)
Table 5. Vertical Lift Module: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)
Table 6. Vertical Carousels: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)
Table 7. Horizontal Carousels: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)
Table 8. AutoStore: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)
Table 9. Others: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Volume, and Forecast to 2030 (Units)
Table 10. Middle East & Africa Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast To 2030 – By Country (US$ Million)
Table 11. Middle East & Africa Automated Storage and Retrieval System (ASRS) Market, Volume and Forecast To 2030 – By Country (Units)
Table 12. Saudi Arabia Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By Type (US$ Million)
Table 13. Saudi Arabia Automated Storage and Retrieval System (ASRS) Market, Volume and Forecast to 2030 – By Type (Units)
Table 14. Saudi Arabia Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By End Use Vertical (US$ Million)
Table 15. UAE Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By Type (US$ Million)
Table 16. UAE Automated Storage and Retrieval System (ASRS) Market, Volume and Forecast to 2030 – By Type (Units)
Table 17. UAE Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By End Use Vertical (US$ Million)
Table 18. South Africa Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By Type (US$ Million)
Table 19. South Africa Automated Storage and Retrieval System (ASRS) Market, Volume and Forecast to 2030 – By Type (Units)
Table 20. South Africa Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By End Use Vertical (US$ Million)
Table 21. Rest of Middle East & Africa Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By Type (US$ Million)
Table 22. Rest of Middle East & Africa Automated Storage and Retrieval System (ASRS) Market, Volume and Forecast to 2030 – By Type (Units)
Table 23. Rest of Middle East & Africa Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 – By End Use Vertical (US$ Million)
Table 24. List of Abbreviation
LIST OF FIGURES
Figure 1. Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Segmentation
Figure 2. Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Segmentation – By Country
Figure 3. Middle East & Africa 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 UAE to Show Great Traction During Forecast Period
Figure 7. Middle East & Africa: PEST Analysis
Figure 8. Middle East & Africa Ecosystem Analysis
Figure 9. Middle East & Africa Expert Opinion
Figure 10. Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Impact Analysis of Drivers and Restraints
Figure 11. Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue and Forecast to 2030 (US$ Million)
Figure 12. Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Revenue Share, By Type (2021 and 2030)
Figure 13. Unit Load ASRS: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 14. Mini Load ASRS: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 15. Vertical Lift Module: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 16. Vertical Carousels: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 17. Horizontal Carousels: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 18. AutoStore: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 19. Others: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 20. Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Revenue Share, By End Use Industry (2021 and 2030)
Figure 21. Automotive: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 22. Food & Beverages: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 23. Electronics & Semiconductor: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 24. E-Commerce: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 25. Chemicals: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 26. Aerospace: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 27. Retail: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 28. Pharmaceuticals: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 29. Others: Middle East & Africa Automated Storage and Retrieval System (ASRS) Market – Revenue, and Forecast to 2030 (US$ Million)
Figure 30. Middle East & Africa: Automated Storage and Retrieval System (ASRS) Market, by key country –Revenue (2021) (US$ Million)
Figure 31. Middle East & Africa Automated Storage and Retrieval System (ASRS) Market Breakdown, by Country, 2021 & 2030 (%)
Figure 32. Saudi Arabia Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 (US$ Million)
Figure 33. UAE Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 (US$ Million)
Figure 34. South Africa Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 (US$ Million)
Figure 35. Rest of Middle East & Africa Automated Storage and Retrieval System (ASRS) Market, Revenue and Forecast to 2030 (US$ Million)
- SSI Schafer
- Swisslog Holding AG
- System Logistics SpA
- Bastian Solutions LLC
- Kardex Holding AG
- KNAPP AG
- Autocrib Inc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa Automated Storage and Retrieval System (ASRS) Market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Middle East Africa 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 Middle East & Africa market trends and outlook coupled with the factors driving the 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