The automated storage and retrieval systems (ASRS) market is projected to grow from $2.72 billion in 2022 to $4.68 billion by 2028, with a CAGR of 7.0%. The growth of the e-commerce industry is driving the demand for ASRS as it helps reduce sorting and stocking time. ASRS also improves fulfillment processes, allowing e-commerce retailers to meet delivery commitments. The APAC region is expected to witness significant growth in the ASRS market.
Source: Link