The Global Automated Storage and Retrieval System Market is expected to reach a value of USD 16.4 Billion by 2032, expanding at a 7.2% CAGR between 2022 and 2032. The growing e-commerce industry as a result of rising digitalization, and surging demand for ASRS in the automotive, food & beverage, and healthcare industries are some of the major factors driving the ASRS industry's growth.