Automated Storage & Retrieval System Revenues Set to Exceed $15 Billion by 2030 as Supply Chains Address Vulnerabilities

Artificial IntelligenceHigh Tech / High Touch
Written By Jennifer Joslyn

💰 Automated Storage & Retrieval System Revenues Set to Exceed $15 Billion by 2030 as Supply Chains Address Vulnerabilities.

Investment in warehouse automation and management systems is on the rise as supply chains seek to address vulnerabilities and enhance resilience. According to ABI Research, revenues for Automated Storage & Retrieval Systems (AS/RS) are projected to surpass $15 billion globally by 2030, while Warehouse Management Systems (WMS) revenues are expected to exceed $10 billion in the same period. The global supply chain challenges of recent years, including labor constraints and inventory management issues, have highlighted the importance of digitalization and inventory restructuring. Leading automation providers such as AutoStore, Ocado, and Swisslog, along with Autonomous Mobile Robot (AMR) vendors like inVia Robotics, Locus Robotics, and Vecna Robotics, are driving the adoption of structural automation.

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Jennifer Joslyn
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