US Vertical Lift Module VLM Carousel-Based Automated Storage Retrieval Systems ASRS Market Summary
The Global VLM and Carousel-Based ASRS Market is projected to grow from 12.5 USD Billion in 2024 to 25 USD Billion by 2035.
Key Market Trends & Highlights
VLM and Carousel-Based ASRS Key Trends and Highlights
- The market is expected to experience a compound annual growth rate (CAGR) of 6.5 percent from 2025 to 2035.
- By 2035, the market valuation is anticipated to reach 25 USD Billion, indicating robust growth potential.
- In 2024, the market is valued at 12.5 USD Billion, reflecting a strong foundation for future expansion.
- Growing adoption of automated storage and retrieval systems due to increased efficiency in warehouse operations is a major market driver.
Market Size & Forecast
2024 Market Size | 12.5 (USD Billion) |
2035 Market Size | 25 (USD Billion) |
CAGR (2025 - 2035) | 6.5% |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Tesla Inc (US), Meta Platforms Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)