Rooted in Action: Crown Releases its 2024 Sustainable Investments Report
TORONTO, July 16, 2025 (GLOBE NEWSWIRE) -- Crown Realty Partners ('Crown') today announced the release of its 2024 Sustainable Investments Report, Rooted in Action. The report reflects Crown's continued commitment to performance, resilience, and accountability, guided by practical decision-making, not headlines.
Prepared by Crown's in-house team, Rooted in Action details how Crown integrates the most relevant environmental, operational, and social considerations into its investment and management platform. Rather than treating these topics as external obligations, Crown deliberately focuses on those that materially support asset value, incorporating them as core inputs to Crown's 'bottom-up' strategy across underwriting, capital planning, and day-to-day operations.
'For a topic where noise has generally outpaced substance, our vertically integrated platform gives us the clarity to act on what truly matters,' said Emily Hanna, Managing Partner. 'We focus on where capital should be allocated to manage risk, optimise performance, and ensure assets remain future-ready. Whether the hold period is three years or thirty, value is created by anticipating what's next…and investing accordingly.'
Key highlights from the 2024 report include:
Continuing to identify GHG emission reduction opportunities across our portfolio.
Maintaining 100% certification coverage across our portfolio.
Advancing toward reduction targets for utility consumption, carbon emissions and waste and water usage.
Maintaining a 5-star rating for the 6th consecutive year as a manager, with assets performing top amongst Canadian peers for GRESB.
Being recognized as one of Canada's Top Small and Medium Employers, Top Green Employers, and one of Greater Toronto's Top Employers. Learn more.
The report also outlines how Crown continues to build resilience amid an evolving political and regulatory landscape. By prioritizing lifecycle-based retrofits and emphasizing strategic capital planning, Crown ensures its assets remain marketable, compliant, and aligned with the expectations of investors, tenants, lenders, and future buyers.
To read or download the full 2024 ESG Report, click here.
For further information, please contact: Emily Hanna, PhD Managing Partner Crown Realty Partners 647.729.2609 ehanna@crp-cpmi.com
About Crown Realty Partners
Crown Realty Partners is an integrated commercial real estate investment and management firm with a strong focus on value-add opportunities throughout Ontario. With over 10 million square feet of real assets under management, Crown has a well-established track record, an experienced team and takes a hands-on approach to provide superior returns for investors and better workplaces for tenants.
For more information, visit www.crownrealtypartners.com.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fbab3c57-5b91-46af-af54-a58c7ef307e8Fehler beim Abrufen der Daten
Melden Sie sich an, um Ihr Portfolio aufzurufen.
Fehler beim Abrufen der Daten
Fehler beim Abrufen der Daten
Fehler beim Abrufen der Daten
Fehler beim Abrufen der Daten
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Beverage Carton Packaging Machinery Market 2025-2030: Shift to Renewable and Biodegradable Carton Materials Requiring Specialized Packaging Machinery Presents Lucrative Opportunities
Dublin, Aug. 20, 2025 (GLOBE NEWSWIRE) -- The "Beverage Carton Packaging Machinery Market by Application (Dairy Products, Juice, Milk), Packaging Technology (Aseptic, Non Aseptic), Machine Type, Material Type, Automation Level, Speed, End User - Global Forecast 2025-2030" report has been added to offering. The beverage carton packaging machinery market is undergoing rapid transformation as sustainability pressures, automation adoption, and regulatory changes drive new operational priorities for global producers and equipment suppliers. Industry leaders and decision-makers must adapt promptly to capture growth, manage risks, and deliver efficient, compliant packaging solutions that align with evolving consumer expectations. Market Snapshot: Beverage Carton Packaging Machinery In the latest assessment, the beverage carton packaging machinery market grew from USD 1.18 billion in 2024 to USD 1.24 billion in 2025. Driven by strong demand for sustainable and automated packaging equipment, the sector is forecast to advance at a CAGR of 5.63%, reaching USD 1.64 billion by 2030. This steady expansion is underpinned by consumer demands for convenience, stricter food safety laws, and technological enhancements across end markets. Scope & Segmentation of the Beverage Carton Packaging Machinery Market Applications: Equipment supporting dairy products (flavored milk and yogurt drinks), juices (fruit and vegetable), and milk processing (pasteurized and UHT varieties). Packaging Technologies: Both aseptic (high temperature short time, ultra high temperature) and non-aseptic (ambient, refrigerated) processes are included. Machine Types: Solutions encompassing capping, carton loading and unloading, horizontal and vertical form fill seal, and advanced sterilization featuring chemical or thermal techniques. Material Types: Composite (laminate and multilayer), paperboard (recycled, virgin), and plastics (HDPE, PET) configurations are addressed. Automation Levels: Fully automatic systems (PLC controlled and robotic), as well as manual and semi-automatic machinery, cater to diverse operational needs. Speed Categories: High, medium, and low-speed machines allow for flexibility across varying production volumes. End User Profiles: Solutions are tailored for large-scale producers, contract packagers, in-house operations, and small-scale enterprises seeking compact equipment. Regional Coverage: In-depth analysis for Americas (including United States, Canada, Brazil, and others), Europe, Middle East & Africa (covering major economies and emerging territories), and Asia-Pacific (China, India, Japan, and key Southeast Asian countries). Leading Companies: Competitive analysis of providers such as Tetra Pak International S.A., SIG Group AG, Elopak AS, Krones AG, GEA Group Aktiengesellschaft, KHS GmbH, Syntegon Technology GmbH, IMA Dairy & Food S.p.A., Serac Group SAS, and MULTIVAC Sepp Haggenmuller SE & Co. KG. Key Takeaways Consumer demand for lighter, recyclable packaging is directing material R&D priorities, prompting manufacturers to enhance compatibility with new paperboard and polymer substrates. Sustainable manufacturing strategies are shifting toward renewable energy utilization, supported by regulatory pressures and growing environmental targets across developed and emerging economies. Industry 4.0 and digitalization initiatives are enabling real-time performance monitoring, predictive maintenance, and seamless enterprise integration, resulting in greater process efficiency and transparency. Automation and robotics, including advanced vision systems and modular platforms, are reducing labor requirements and optimizing throughput for varied production cycles and product launches. Collaborative supplier and fabrication networks are emerging as essential for managing raw material cost volatility and shortening equipment delivery timelines, particularly under jurisdictional disruptions. Impact of 2025 United States Tariffs The 2025 US tariffs on machinery components and raw materials have intensified cost management challenges for original equipment manufacturers and producers. Strategic responses include localizing supply chains, optimizing material usage, and establishing contractual partnerships with regional suppliers to maintain competitive pricing. This environment places pressure on small and medium-sized businesses, making agility and supply chain resilience crucial for ongoing market participation. Methodology & Data Sources This report combines insights from direct interviews with key supply chain stakeholders, including equipment manufacturers and plant managers, alongside comprehensive reviews of technical journals, regulatory filings, patent databases, and industry whitepapers. Data triangulation and benchmarking further strengthen the accuracy of segmentation and trend analyses. Beverage Carton Packaging Machinery Market: Why This Report Matters Enables leaders to benchmark their strategies against evolving industry standards and regulatory requirements for both sustainability and automation. Delivers actionable segmentation and technology-specific guidance, supporting capital allocation and operational planning across diverse end uses and regions. Key Attributes Report Attribute Details No. of Pages 182 Forecast Period 2025-2030 Estimated Market Value (USD) in 2025 $1.24 Billion Forecasted Market Value (USD) by 2030 $1.64 Billion Compound Annual Growth Rate 5.6% Regions Covered Global Key Topics Covered1. Preface1.1. Objectives of the Study1.2. Market Segmentation & Coverage1.3. Years Considered for the Study1.4. Currency & Pricing1.5. Language1.6. Stakeholders2. Research Methodology2.1. Define: Research Objective2.2. Determine: Research Design2.3. Prepare: Research Instrument2.4. Collect: Data Source2.5. Analyze: Data Interpretation2.6. Formulate: Data Verification2.7. Publish: Research Report2.8. Repeat: Report Update3. Executive Summary4. Market Overview4.1. Introduction4.2. Market Sizing & Forecasting5. Market Dynamics5.1. Adoption of digital twin technology for real-time carton packaging line optimization5.2. Integration of AI-powered vision inspection systems to minimize defects in beverage cartons5.3. Implementation of aseptic high-speed filling modules to extend shelf life of sensitive beverages5.4. Shift to renewable and biodegradable carton materials requiring specialized packaging machinery5.5. Deployment of modular packaging line architectures for rapid product changeovers and flexibility5.6. Incorporation of servo-driven energy-efficient carton erectors to lower overall production costs5.7. Integration of Industry 4.0 analytics platforms for comprehensive machinery performance insights5.8. Adoption of collaborative robotics for customizable case and carton packing operations5.9. Upgrading packaging machinery to meet stringent global food safety and hygiene regulatory requirements5.10. Design of ultra-compact packaging equipment footprints for urban micro-facility deployments6. Market Insights6.1. Porter's Five Forces Analysis6.2. PESTLE Analysis7. Cumulative Impact of United States Tariffs 20258. Beverage Carton Packaging Machinery Market, by Application8.1. Introduction8.2. Dairy Products8.2.1. Flavored Milk8.2.2. Yogurt Drinks8.3. Juice8.3.1. Fruit Juice8.3.2. Vegetable Juice8.4. Milk8.4.1. Pasteurized Milk8.4.2. UHT Milk9. Beverage Carton Packaging Machinery Market, by Packaging Technology9.1. Introduction9.2. Aseptic9.2.1. High Temperature Short Time9.2.2. Ultra High Temperature9.3. Non Aseptic9.3.1. Ambient9.3.2. Refrigerated10. Beverage Carton Packaging Machinery Market, by Machine Type10.1. Introduction10.2. Capping10.3. Carton Loading Unloading10.4. Form Fill Seal10.4.1. Horizontal Form Fill Seal10.4.2. Vertical Form Fill Seal10.5. Sterilization10.5.1. Chemical Sterilization10.5.2. Thermal Sterilization11. Beverage Carton Packaging Machinery Market, by Material Type11.1. Introduction11.2. Composite11.2.1. Laminate11.2.2. Multilayer11.3. Paperboard11.3.1. Recycled Paperboard11.3.2. Virgin Paperboard11.4. Plastic11.4.1. HDPE11.4.2. PET12. Beverage Carton Packaging Machinery Market, by Automation Level12.1. Introduction12.2. Fully Automatic12.2.1. PLC Controlled12.2.2. Robotic12.3. Manual12.4. Semi Automatic13. Beverage Carton Packaging Machinery Market, by Speed13.1. Introduction13.2. High Speed13.3. Low Speed13.4. Medium Speed14. Beverage Carton Packaging Machinery Market, by End User14.1. Introduction14.2. Large Scale Producers14.2.1. Contract Packagers14.2.2. In House Packaging14.3. Small Scale Producers15. Americas Beverage Carton Packaging Machinery Market15.1. Introduction15.2. United States15.3. Canada15.4. Mexico15.5. Brazil15.6. Argentina16. Europe, Middle East & Africa Beverage Carton Packaging Machinery Market16.1. Introduction16.2. United Kingdom16.3. Germany16.4. France16.5. Russia16.6. Italy16.7. Spain16.8. United Arab Emirates16.9. Saudi Arabia16.10. South Africa16.11. Denmark16.12. Netherlands16.13. Qatar16.14. Finland16.15. Sweden16.16. Nigeria16.17. Egypt16.18. Turkey16.19. Israel16.20. Norway16.21. Poland16.22. Switzerland17. Asia-Pacific Beverage Carton Packaging Machinery Market17.1. Introduction17.2. China17.3. India17.4. Japan17.5. Australia17.6. South Korea17.7. Indonesia17.8. Thailand17.9. Philippines17.10. Malaysia17.11. Singapore17.12. Vietnam17.13. Taiwan18. Competitive Landscape18.1. Market Share Analysis, 202418.2. FPNV Positioning Matrix, 202418.3. Competitive AnalysisThe major companies profiled in this Beverage Carton Packaging Machinery market report include: Tetra Pak International S.A. SIG Group AG Elopak AS Krones AG GEA Group Aktiengesellschaft KHS GmbH Syntegon Technology GmbH IMA Dairy & Food S.p.A. Serac Group SAS MULTIVAC Sepp Haggenmuller SE & Co. KG For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
3 hours ago
- Yahoo
Canadian dollar falls as inflation data fuels rate cut bets
By Fergal Smith TORONTO (Reuters) - The Canadian dollar hit its lowest in almost three weeks against its U.S. counterpart on Tuesday as oil prices fell and cooler domestic inflation data raised expectations the Bank of Canada would cut interest rates in the coming months. The loonie was trading 0.4% lower at 1.3855 per U.S. dollar, or 72.18 U.S. cents, after touching its weakest intraday level since August 1 at 1.3860. Canada's annual inflation rate eased to 1.7% in July from 1.9% in the prior month, helped by lower gasoline prices, while 3-month annualized measures of underlying inflation that the BoC closely tracks decelerated to 2.4% from 3.4%, according to Reuters calculations. "I think the more impactful bit of the report is that deceleration in three-month rates of core CPI," said Robert Both, senior Canada macro strategist at TD Securities. "So even with CPI-trim and median still running near 3% year-over-year, the bank has put a little more weight on those three-month core rates." Investors see a 39% chance of a rate cut from the Canadian central bank at the next policy decision on September 17, up from 31% before the data, and have leaned heavily toward an easing of policy by October. The price of oil, one of Canada's major exports, was down 1.1% at $62.71 a barrel as traders assessed the possibility that talks between Russia, Ukraine and the U.S. to end the war in Ukraine could lead to the lifting of sanctions on Russian crude, raising supply. One possible bright spot for the loonie was the ending of a strike by flight attendants at Air Canada, the nation's largest carrier, which could have weighed on the domestic economy. Canadian bond yields moved lower across the curve, with the 10-year down 4.4 basis points at 3.446%. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 hours ago
- Yahoo
Automated Storage and Retrieval System Market Size Worth USD 21.28 Bn by 2034
According to Precedence Research, the global automated storage and retrieval system market size is expected to be worth USD 21.28 billion by 2034, up from USD 10.65 billion in 2025. The growth in e-commerce, labor shortage in logistics & warehouses, and focus on improving efficiency drive the market growth. Ottawa, Aug. 20, 2025 (GLOBE NEWSWIRE) -- The global automated storage and retrieval system market size was valued at USD 9.91 billion in 2024 and is projected to rise from USD 10.65 billion in 2025 to approximately USD 21.28 billion by 2034. It is poised to grow at a strong compound annual growth rate (CAGR) of 7.99% from 2025 to 2034. Note: This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for Before You Buy – Get the Sample Report@ Automated Storage and Retrieval System Market OverviewThe automated storage and retrieval system (AS/RS) is an automated system for automatically retrieving and storing loads from defined storage locations. The AS/RS holds stored materials like those in totes, pallets, and other containers. This includes automated machines like shuttles and cranes. The various types of AS/RS are unit-load, mini-load, mid-load, VLM, and carousel. The AS/RS offers benefits like space optimization, reduced labor cost, enhanced safety, increased efficiency, and improved inventory accuracy. AS/RS systems are used in applications like storage, knitting, buffering, order picking, order consolidation, and repairing parts. The AS/RS is widely used in industries like e-commerce, automotive, electronics, transportation, hospital, consumer goods, and pharmaceuticals. Automated Storage and Retrieval System Market Key Highlights: In terms of revenue, the automated storage and retrieval system market is anticipated to reach USD 11.46 billion in 2026. Europe market accounted for the highest market share of 36.27% in 2024. by end users, the automotive segment held the major market share of 22.45% in 2024. By type, crane-based segment contributed the highest market share of 42.49% in 2024. By on load, the unit load segment generated the biggest market share of 36.52% in 2024. By application, the storage segment held the largest market share of 51.81% in 2024. Automated System and Retreival System Market Size Analysis (USD Million) 2022 to 2024 Automated System and Retreival System Market Size (USD Million) by Type 2022-2024 Type 2022 2023 2024 VLM 1,723.44 1,851.10 1,989.98 Carousels 677.04 720.65 767.75 Crane-Based 3,675.85 3,932.35 4,210.47 Vertical Buffer Modules 899.77 968.35 1,043.08 Robotic Shuttles 522.21 563.69 609.01 Floor Robots 1,101.69 1,191.65 1,289.89 Automated System and Retreival System Market Size (USD Million) by Load 2022-2024 Load Type 2022 2023 2024 Unit Load 3,109.66 3,353.35 3,619.34 Mid Load 1,019.65 1,087.52 1,160.94 VLM 1,723.44 1,851.10 1,989.98 Carousels 677.04 720.65 767.75 Mini Load 2,070.20 2,215.17 2,372.19 Buy This Premium Research Report@ Major Types of Automated Storage and Retrieval Systems: Type Definition Uses Unit Load AS/RS Handles large containers and pellet loads Cold Storage Distribution High-Bay Warehouses Mini Load AS/RS Automated systems for storing & retrieving smaller items like trays, cartons, and totes Electronics manufacturing Retail E-commerce Carousel An automated storage system rotates vertically or horizontally Inventory Management Knitting Batch Picking Order Picking Shuttle Systems Automated system utilizes automated & independent vehicles for storage Sequencing items for shipping Buffering received goods Supplying an order picking line Cube-based Storage Three-dimensional grid storage systems Distribution Centers Manufacturing E-Commerce Automated Storage and Retrieval System Market Opportunity What is the Opportunity for the Automated Storage and Retrieval System? Growth in E-commerce Unlocks Market Opportunity The growth in e-commerce and the growing demand for online shopping in various regions increases demand for AS/RS for various applications. The growing online orders volumes daily, weekly & monthly increase demand for AS/RS systems. The increasing focus on reducing the time for the retrieval of items increases demand for AS/RS systems. The increasing volume of orders increases demand for AS/RS systems for automated retrieval, picking, and storage capabilities. The focus on customer satisfaction in e-commerce increases demand for AS/RS systems. The focus on improving worker productivity, automating repetitive tasks, and focus on minimizing reliance on manual labor in E-commerce increases demand for AS/RS systems. The increasing consumer demand for fast & accurate deliveries increases the adoption of AS/RS systems. The growth in e-commerce creates an opportunity for the automated storage and retrieval systems market. Automated Storage and Retrieval System Market Challenges and Limitations What are the Limitation of an Automated Storage and Retrieval System? High Maintenance Cost Limits Expansion of the Market Despite several benefits of the automated storage and retrieval systems in various industries, the high maintenance cost restricts the market growth. Factors like costly downtime during repairs, complexity of the machinery, and need for specialized technicians require high maintenance costs. The complexity of AS/RS systems with components like belts, gear assemblies, motors, moving trays, and chains requires maintenance due to operating heavy loads. The need for specialized technicians in areas like software, mechanical, and electrical engineering increases the cost. The AS/RS system malfunctions, and the need for component replacements requires a high cost. The growing integration of AS/RS with existing infrastructure and the need for regular preventive maintenance requires a high cost. The high maintenance cost hampers the growth of the automated storage and retrieval system market. Case Study: Optimizing Warehouse Operations with Automated Storage and Retrieval SystemsA leading European e-commerce retailer was facing critical operational challenges as online orders surged post-pandemic. The company operated multiple large-scale distribution centers across Germany and France, struggling with limited warehouse space, labor shortages, and increasing customer expectations for faster deliveries. Manual storage and retrieval processes were slowing down fulfillment cycles, leading to errors and rising operational costs. Challenge The retailer needed a solution that could: Optimize limited warehouse space. Reduce dependency on manual labor amid workforce shortages. Enhance inventory accuracy and order fulfillment speed. Support seasonal demand fluctuations without disrupting operations. Solution: Adoption of AS/RS Technology The company partnered with SSI Schaefer Group and implemented a crane-based Automated Storage and Retrieval System (AS/RS)—the most widely adopted system type, holding 42.49% of the global market share in 2024. The system included unit-load handling (36.52% market share in 2024) for managing large volumes of pallets efficiently Key features deployed: High-density storage to maximize cubic space utilization. Crane-based retrieval systems for heavy pallet handling. Integration with robotic shuttles to support order picking and buffering. AI-powered warehouse management software to optimize inventory flows. Outcomes Within the first year of adoption: Storage capacity increased by 40% without needing warehouse expansion. Labor costs dropped by 25%, with reduced reliance on manual order picking. Order accuracy improved to 99.5%, minimizing costly errors. Fulfillment time reduced by 35%, enabling same-day shipping for most orders. The system scaled seamlessly to handle seasonal spikes in online shopping, avoiding delays and stockouts Automated Storage and Retrieval System Market Key Regional Analysis: How Big is the Europe Automated Storage and Retrieval System Market? The Europe automated storage and retrieval system market size surpassed USD 3.59 billion in 2024 and is expected to exceed USD 7.34 billion by 2034. The Europe market is representing a solid CAGR of 7.45% from 2025 to 2034. The Full Study is Readily Available | Download the Sample Pages of this Report@ Why did Europe Dominate the Automated Storage and Retrieval System Market? Europe dominated the automated storage and retrieval system market in 2024. The strong manufacturing infrastructure in countries like the UK, Germany, and France increases the adoption of automated storage and retrieval systems. The presence of advanced industrial automation across various industries increases demand for automated storage & retrieval systems. The growing expansion of e-commerce increases demand for AS/RS for order fulfillment and efficient warehousing. The growing adoption of Industry 4.0 and government support for smart infrastructure development increases demand for AS/RS, driving the overall growth of the market. How North America Experiences the Fastest Growth in the Automated Storage and Retrieval System Market? North America is experiencing the fastest growth in the market during the forecast period. The growing expansion of e-commerce increases demand for AS/RS for order fulfillment and warehousing tasks. The growing labor shortages and technological advancements in data analytics, robotics, and AI are increasing the development of the AS/RS systems. The growing investments in smart warehouses and increasing adoption across various industries like logistics, manufacturing, and retail support the overall growth of the market. Automated Storage and Retrieval System Market Segmentation Analysis: Application Analysis The storage segment dominated the automated storage and retrieval system market in 2024. The focus on space optimization in distribution centers and warehouses increases demand for storage. The increasing need to reduce reliance on manual labor increases demand for storage. The focus on improving order fulfilment, monitoring stock levels, and reducing errors increases the adoption of storage systems. The growing demand for storage across sectors like logistics, e-commerce, and manufacturing drives the market growth. The buffering segment is growing at a notable rate in the market. The fluctuations in the e-commerce order volumes increase demand for buffering to prevent delays and shockouts. The increasing demand for maximizing storage density fuels the adoption of buffering. The rise in seasonal spikes in online shopping increases demand for buffering. The growing integration of robotics, artificial intelligence (AI), & internet of things (IoT) with AS/RS and a focus on optimizing warehouse space increases demand for buffering, supporting the overall growth of the market. End Use Analysis The automotive segment is a significant shareholder in the automated storage and retrieval system market in 2024. The need for handling various types of components and parts in automotive manufacturing increases the demand for AS/RS. The focus on maximizing production efficiency and timely delivery of parts increases adoption of AS/Rs. The growing development of automated systems in vehicles increases demand for AS/RS. The rapid growth in electric vehicles and integration of advanced technologies like AI, robotics, and IoT with the automotive industry drives the market growth. The semiconductor and electronics segment is growing at a notable rate in the market. The increasing focus on accuracy in electronics assembly and semiconductor manufacturing increases the adoption of AS/RS. The growing development of complex and smaller electronics components increases demand for AS/RS for optimal performance and to prevent damage. The strong focus on the miniaturization of electronic devices and the increasing need for quick transport & retrieval of electronic components increases adoption of AS/RS, supporting the overall growth of the market. Type Analysis The crane-based segment dominated the automated storage and retrieval system market in 2024. The growing demand for handling large & heavy items on pellets increases the adoption of crane-based systems. The presence of large warehouses and increased storage density increases demand for crane-based systems. The focus on optimizing space utilization and minimizing the need for manual labor increases demand for crane-based systems. The growing demand for crane-based systems in industries like retail, automotive, and manufacturing drives the market growth. Load Analysis The unit load segment dominated the automated storage and retrieval system market in 2024. The increasing need for retrieving & storing large quantities of goods increases demand for unit loads. The focus on space optimization in large warehouses and reducing the need for manual labor increases demand for unit labor. The growing automation in various industries and the focus on improving inventory management in various industries increases demand for unit load, driving the overall growth of the market. ➡️ Related Topics You May Find Useful: ✚ Automated Sample Storage Systems Market: Explore how labs are improving biobanking with automation ✚ Warehouse Automation Market: See how robotics and AI are transforming logistics operations ✚ Automated Data Platform Market: Discover how enterprises are modernizing analytics with automation ✚ Automated Material Handling Equipment Market: Analyze how smart systems are optimizing factory and warehouse workflows ✚ Retrieval Augmented Generation Market: Understand how RAG is reshaping enterprise AI and knowledge management ✚ Software Defined Storage Market: Track how flexibility and scalability are driving data storage adoption ✚ Self Storage Market: Gain insight into shifting urban living patterns fueling storage demand ✚ Retail Automation Market: Explore how retailers are boosting efficiency through AI and robotics ✚ AI Powered Storage Market: Discover how intelligent storage is unlocking performance and cost savings ✚ Warehouse Management System Market: See how digital WMS solutions are streamlining supply chains Key Players in the Automated Storage and Retrieval System Market: TGW Logistics Group GmbH (Austria) Swisslog Holding AG (Switzerland) Daifuku Co. Ltd. (Japan) SSI Schaefer Group (Germany) Murata Machinery (Japan) Knapp AG (Austria) Mecalux SA (Spain) Vanderlande Industries (Netherlands) System Logistics Corporation (Italy) Bastian Solution (US) Beumer Group (Germany) Dematic GmbH & Co. KG (Germany) Kardex Group (Switzerland) Recent Developments: In July 2024, Rapyuta Robotics launched the ASRS solution in the U.S. The solution provides productivity for efficient inventory storage and picking operations. The solution maximizes cost-effectiveness and ensures minimal downtime. (Source: In September 2024, AutoStore launched a multi-temperature automated storage & retrieval system, AutoStore Multi-Temperature Solution. The solution is compatible with multiple temperature zones and developed for chilled & frozen environments. (Source: In February 2025, Exotec launched an all-in-one robot-based AS/RS Skypod system. The system has advanced software features, offers higher performance, and improves storage density. The Skypod system supports integrated buffer, perfect sequencing, and pick & pack operations. (Source: Automated Storage and Retrieval System Market Segments Covered in the Report By Application Storage Order Picking Kitting Buffering Others By End Use Automotive Semiconductor and Electronics General Manufacturing Retail and Warehousing or Logistics Aviation, Chemicals Rubber and Plastics Healthcare Food and Beverage Postal and Parcel By Type Vertical Lift Modules Carousels Crane-Based Vertical Buffer Modules Robotic Shuttles Floor Robots By Load Unit Load Mid Load VLM Carousel Mini Load By Region North America U.S. Canada Europe Germany UK France Italy Spain Sweden Denmark Norway Asia Pacific China Japan India South Korea Thailand Latin America Brazil Mexico Argentina Middle East & Africa South Africa UAE Saudi Arabia Kuwait Thank you for reading. You can also get individual chapter-wise sections or region-wise report versions, such as Immediate Delivery Available | Buy This Premium Research Report@ You can place an order or ask any questions, please feel free to contact us at sales@ | +1 804 441 9344 Stay Ahead with Precedence Research Subscriptions Unlock exclusive access to powerful market intelligence, real-time data, and forward-looking insights, tailored to your business. From trend tracking to competitive analysis, our subscription plans keep you informed, agile, and ahead of the curve. Browse Our Subscription Plans@ About Us Precedence Research is a worldwide market research and consulting organization. We give an unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally. Web: Our Trusted Data Partners: Towards Healthcare | Towards Packaging | Towards Automotive | Towards Chem and Materials | Towards FnB | Towards Consumer Goods | Statifacts | Towards EV Solutions | Towards Dental | Nova One Advisor | Market Stats Insight Get Recent News: For the Latest Update Follow Us: LinkedIn | Medium | Facebook | Twitter ✚ Explore More Market Intelligence from Precedence Research: ➢ Lane Keep Assist System Market: Explore how ADAS technologies are enhancing road safety ➢ Electric Vehicle Battery Market: Analyze how battery innovation is powering the EV revolution ➢ Hybrid Vehicle Market: See why hybrid models are bridging the gap to full electrification ➢ Hybrid Electric Vehicle Market: Discover how HEVs are meeting efficiency and emission targets ➢ Smart Electric Drive Market: Track how smart drives are optimizing EV performance ➢ Mobility as a Service Market: Understand how digital platforms are redefining urban commuting ➢ Electric Car Market: Explore how automakers are competing in the booming EV space ➢ Hyperloop Train Market: Gain insight into futuristic transport systems reshaping connectivity ➢ Connected Cars Market: See how IoT and telematics are transforming in-vehicle experiences ➢ Passenger Vehicles Market: Analyze how consumer demand is shaping the global auto sector ➢ Luxury Electric Vehicles Market: Discover how premium EVs are merging performance with sustainability ➢ Maritime Transport Market: Understand how global trade is steering shipping and logistics growth ➢ Amphibious Vehicle Market: Explore how dual-use vehicles are expanding defense and commercial uses ➢ Green Tires Market: Track how eco-friendly innovations are reshaping tire manufacturing ➢ Vehicle Control Unit Market: See how advanced ECUs are enabling smarter automotive systems ➢ Adventure Motorcycle Market: Discover how off-road touring is driving demand for adventure bikes ➢ Robotaxi Market: Analyze how autonomous taxis are shaping the future of ride-hailing ➢ Expedition Truck Market: Gain insight into niche demand for long-haul and rugged vehicles ➢ Luxury Car Market: Explore how premium brands are adapting to shifting consumer preferences ➢ Automotive Bushing Market: Understand how durable components are driving smoother vehicle performance ➢ Pneumatic Tire Market: See how innovation in tire design is boosting safety and efficiency ➢ Automotive Timing Belt Market: Analyze how replacement cycles are sustaining aftermarket demand ➢ Automotive Control Cable Market: Discover how cables remain critical to vehicle control and safetyError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data