According to our latest study on "Vertical Carousels ASRS Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis - by Type, End Use Industry, and regions" the Vertical Carousels ASRS Market size was US$ 278.37 million in 2024 and is expected to reach US$ 392.13 million by 2031. The vertical carousels ASRS market size is estimated to register a CAGR of 5.2% during 2025-2031.

The vertical carousels ASRS market is segmented into five major regions-North America, Europe, Asia Pacific, Middle East & Africa (MEA) and South America (SAM). Asia Pacific dominated the market in 2024.

The Vertical Carousels ASRS market in Asia Pacific is experiencing strong growth, driven by rising demand for automated storage solutions and strategic industry partnerships. In April 2024, Kardex, a global leader in automated storage and retrieval systems, partnered with DKSH, a leading market expansion services provider. This alliance enables DKSH to distribute Kardex's advanced ASRS technologies across key APAC markets, including China, Indonesia, the Philippines, Malaysia, Singapore, Thailand, and Vietnam. Kardex's portfolio includes innovative solutions such as the Vertical Lift Module (VLM) Kardex Shuttle, Vertical Carousel Module (VCM) Kardex Megamat, and Vertical Buffer Module Kardex Miniload-in-a-Box, supported by software like the Kardex Power Pick System. These systems serve industries ranging from mechanical engineering and electronics to retail, e-commerce, automotive, and metal processing. By optimizing storage density, enhancing picking accuracy, and reducing manual labor, these solutions improve overall workflow efficiency. With DKSH's extensive regional infrastructure for sales, marketing, application support, and after-sales services, the partnership is well-positioned to boost the adoption of Kardex's vertical carousel ASRS systems. This is particularly significant for APAC markets, where industrial automation and e-commerce growth are driving the need for efficient warehouse solutions. Leveraging strategic collaborations like Kardex and DKSH, the Asia Pacific Vertical Carousels ASRS market is set for substantial expansion, meeting the increasing demand for high-efficiency, automated storage solutions and supporting sustainable growth across the region's rapidly evolving industrial landscape.

The Vertical Carousels ASRS market in Europe is being propelled by the region's booming retail e-commerce sector, which is driving demand for advanced automated storage solutions. According to the International Trade Administration, Europe ranked as the third-largest retail e-commerce market globally, generating US$ 631.9 billion in 2023, with projections to reach approximately US$ 902.3 billion by 2027 at a CAGR of 9.31%. This rapid growth is increasing pressure on warehouses and distribution centers to improve storage efficiency, accuracy, and order fulfillment speed. Vertical Carousels and Automated Storage and Retrieval Systems (ASRS) are emerging as vital solutions to address these logistics demands. These systems feature vertically rotating shelves that bring items directly to an ergonomic work position, significantly reducing the need for operators to walk or search for products. By streamlining access to inventory, they enhance productivity while minimizing the risk of workplace injuries associated with repetitive bending, lifting, or reaching. As European e-commerce continues to expand, adoption of vertical carousel ASRS solutions is expected to rise, offering warehouses and distribution centers the ability to handle higher volumes efficiently, improve picking accuracy, and optimize operational workflows, ultimately supporting faster and safer order fulfillment.

Key Findings of Vertical Carousels ASRS Market Study:

The vertical carousels ASRS market is segmented into type, end use industry, and geography. The market, by type, is segmented into assembly, distribution, kitting, order picking, storage, and others. The assembly segment held the largest vertical carousels ASRS market share in 2024. By end use industry, the market is segmented into automotive, food and beverages, electronic and semiconductors, e-commerce, chemicals, aerospace, retail, pharmaceuticals and others. The automotive segment held the largest share of the vertical carousels ASRS market in 2024. Geographically, the vertical carousels ASRS market is segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA), and South America (SAM).

Vertical Carousel ASRS play a critical role in assembly operations by ensuring timely and accurate delivery of small to medium-sized components needed for manufacturing. These systems automate retrieval processes, reducing delays and minimizing risks associated with manual handling. Integration with enterprise resource planning (ERP) systems enables synchronized workflows and real-time inventory visibility. Industries such as electronics, automotive, and aerospace rely on vertical carousels to support lean manufacturing, maintaining consistent throughput and minimizing downtime. Their ability to handle diverse load sizes and types makes them versatile tools for complex assembly operations requiring just-in-time component availability.

The automotive industry extensively utilizes Vertical Carousel ASRS to manage small to medium-sized parts such as electronic modules, sensors, fasteners, and assemblies essential for vehicle manufacturing. These systems support just-in-time production by ensuring rapid, accurate retrieval of components, thereby helping maintain uninterrupted production lines. Automation minimizes manual handling errors and workplace injuries, especially for delicate or complex components. As automotive production evolves toward electric vehicles and modular assemblies, vertical carousels offer enhanced inventory control and traceability. Integration with ERP and warehouse management systems (WMS) allows real-time stock monitoring and efficient resource allocation, optimizing storage density and reducing labor dependency for more agile supply chains.

Bastian Solutions, Inc.; Daifuku Co., Ltd.; KION GROUP AG; Kardex Group; Knapp AG; Mecalux, S.A.; SSI Schaefer Group; Swisslog Holding AG; System Logistics Spa; and Vanderlande Industries are among the key players profiled in the vertical carousels ASRS market report. Several other major players were studied and analyzed during the vertical carousels ASRS market analysis to get a holistic view of the market and its ecosystem. The vertical carousels ASRS market also provides detailed market insights, which help the key players strategize their growth. The report includes growth prospects owing to the current vertical carousels ASRS market trends and their foreseeable impact during the forecast period.

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