Europe Automated Racking System Market was valued at USD 1.0 Billion in 2022 and is projected to reach USD 2.1 Billion by 2030, growing at a CAGR of 10.3% from 2024 to 2030.
The Europe Automated Racking System Market is experiencing rapid growth as industries across various sectors seek ways to improve efficiency, reduce operational costs, and streamline warehouse management. These automated systems provide businesses with innovative solutions that enhance storage capacity, optimize space, and improve order fulfillment times. As e-commerce and logistics demand soar, industries are increasingly adopting automated racking systems to stay competitive and meet the rising consumer expectations for faster delivery times and improved product availability.
The market for automated racking systems is evolving with distinct types tailored to meet specific industry needs. Among the prominent types are the Automated Storage and Retrieval Systems (ASRS), Vertical Lift Modules (VLMs), and Automated Guided Vehicles (AGVs). ASRS is favored in industries like automotive and pharmaceuticals, where precision and speed are crucial for managing inventory. VLMs, on the other hand, are popular in sectors that need to store smaller items in a compact footprint, such as retail and electronics. AGVs are particularly beneficial in industries where mobility and flexibility are key, such as in manufacturing and distribution centers.
These systems are increasingly in demand across industries due to their ability to reduce human labor, minimize errors, and speed up the picking and storage process. The demand for Automated Racking Systems is not only driven by technological advancements but also by the ever-increasing need for industries to adapt to evolving market trends. The need for faster delivery times and efficient inventory management is a key driver for the growth of this market, as businesses look for ways to optimize their operations while staying ahead of the competition.
Industries such as food and beverage, automotive, retail, and pharmaceuticals are investing heavily in automated racking systems. In particular, the food and beverage industry relies on automated systems to ensure the rapid retrieval and storage of perishable goods. Similarly, automotive manufacturers use automated racking systems for precise storage and quick retrieval of components, ensuring minimal downtime in their production lines. With an ever-growing focus on sustainability, automated systems also offer significant energy efficiency improvements, which makes them even more attractive to environmentally conscious companies.
The European market is expected to witness strong demand for automated racking solutions due to the region’s advanced technological infrastructure, growing industrial automation adoption, and the increasing need for high-quality supply chain management. Companies are prioritizing automation not only to optimize operations but also to improve safety and reduce labor costs. As industries continue to innovate and scale up their operations, the European Automated Racking System Market will undoubtedly play a critical role in shaping the future of logistics and warehouse management across the continent.
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AR Racking
ATOX Sherpa
Beumer Group
BITO Storage Systems
DAIFUKU
Dexion
Interlake Mecalux
Jungheinrich
Kardex Group
Knapp AG
Murata Machinery
Ltd.
SSI Schaefer Group
Storepro
Swisslog Holding AG
TGW Logistics Group GmbH
Toyota Advanced Logistics
Westfalia Satellite
Conveyco
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Automated Racking System Market
Automated Storage and Retrieval Systems (AS/RS)
Carousel Systems
Mobile Racking Systems
Vertical Lift Modules (VLMs)
Shuttle Systems
RFID Technology
Barcode Technology
IoT and Smart Technology
Cloud-Based Systems
AI and Machine Learning Integration
Retail and E-commerce
Food and Beverage
Pharmaceuticals
Automotive
Electronics
Warehousing and Logistics
Manufacturing
Healthcare
Cold Chain Storage
Aerospace and Defense
Hardware
Racking Units
Robots
Conveyors
Sensors
Software
Inventory Management Systems
Fleet Management Software
Analytics and Reporting Tools
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Automated Racking System Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Automated Racking System Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Automated Racking System Market, By Type
6. Europe Automated Racking System Market, By Application
7. Europe Automated Racking System Market, By Geography
Europe
Germany
UK
France
8. Europe Automated Racking System Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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