Who are the key players in Automated Storage and Retrieval Systems in Laboratories Market?

Thermo Fisher Scientific, Danaher Corp, Roche Holding AG, Honeywell International and Siemens Healthineers are the major companies operating in the Automated Storage and Retrieval Systems in Laboratories Market. Read More

Which is the fastest growing region in Automated Storage and Retrieval Systems in Laboratories Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Automated Storage and Retrieval Systems in Laboratories Market?

In 2024, the North America accounts for the largest market share in Automated Storage and Retrieval Systems in Laboratories Market. Read More

Automated Storage and Retrieval Systems in Laboratories Market Trends

Q: What is the current Automated Storage and Retrieval Systems in Laboratories Market size?

The Automated Storage and Retrieval Systems in Laboratories Market is projected to register a CAGR of 12.60% during the forecast period (2024-2029) Read More

Q: What years does this Automated Storage and Retrieval Systems in Laboratories Market cover?

The report covers the Automated Storage and Retrieval Systems in Laboratories Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Automated Storage and Retrieval Systems in Laboratories Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Statistics for the 2023 & 2024 Automated Storage and Retrieval Systems in Laboratories market trends, created by Mordor Intelligence™ Industry Reports. Automated Storage and Retrieval Systems in Laboratories trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Automated Storage and Retrieval Systems in Laboratories Industry

Increased Emphasis on Value of Development

Businesses are under tremendous pressure to supply a large number of products in a short amount of time as a result of eCommerce sales. ASRS can automatically bring the product to the operator, eliminating picker travel time to retrieve items to fill orders. This way, warehouses, and distribution centers can maximize their available labor productivity.
Storage systems are more adaptable than ever with the increase in SKUs thanks to increased software and machine control capabilities, and they can incorporate a variety of instruments like picking robotics.
With technological advancement, ASRS provides inventory optimization by consolidating date codes and stage pre-picked orders, allowing the operator to run 24/7 without much-added support.
Robotics has been widely adopted to facilitate automation in the lab. Renatus launched an automated robot warehouse system with 'One-Stop Pick & Pack' technology. Renatus enables a single worker to fulfill an order by picking, consolidating, and packing in one stop.

Automated Storage And Retrieval Systems In Laboratories Market: Prediction of Global warehouse automation market share by technology in 2025

Understand The Key Trends Shaping This Market

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Asia Pacific to Dominate Automated Storage and Retrieval Market

In Asia-Pacific, most warehouses rely on human labor to move ordered products for delivery, even as human assistance brings along errors and chances of delay. Warehouse automation improved the operational efficiency of the online pharmaceutical industry of India and boosted its growth in e-commerce by facilitating the smooth drug delivery and manufacturing process.
Online buyers in India are expected to reach 220 million by 2025. Due to the increasing demand for same-day delivery, e-commerce businesses must establish warehouses in several cities and go for the automated workflow to meet customers' requirements and needs in time.
November 2022 - Addverb, the warehouse automation solutions, collaborate with Element Logic, a warehouse optimization provider Storage and retrieval, unit fulfillment systems, and creating and implementing custom solutions that improve clients' workflow are Element Logic's areas of expertise. The partnership will develop use cases around AutoStore projects.