Sortation System Market 2023 Driving Factors Forecast Research 2029

The global sortation system market is projected to grow at a significant CAGR during the forecast period. Sortation system aids in identifying, separating, and conveying products to specific destinations, and are used across various industries such as food & beverage, pharmaceutical & medical devices, retail & e-commerce, and others. The primary factor that drives the growth of the market includes the rapid adoption of sorters across every industry along with the technological advancement in the systems, that is, automated sorting systems. The automated sorting system in manufacturing industries is used instead of a manual sorting system as it is more reliable, cost-effective, and efficient. Manual sorting relies on plant personnel who visually identify and pick as the item or product travel along the conveyor belt. Thus, this is also projected to support the growth of the market during the forecast period.

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Further, the expansion of industries along with the trends of automation is also likely to fuel the market growth during the forecast period. Additionally, the shift of the consumers towards the highly flexible and efficient automated sortation systems also supports market growth. However, higher manufacturing costs, large space requirements along with the installation costs associated with the sortation systems are some of the factors that hamper the overall growth of the market.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Sortation System Market - Segmentation
By Type
• Linear Sortation Systems
• Loop Sortation Systems

By Product Type
• Cross-belts Sorter
• Tilt-trays Sorter
• Sliding-shoes Sorter
• Narrow-belts Sorter
• Others

By Application
• Food & Beverage
• Healthcare
• Retail, e-Commerce & Logistics
• Airports
• Others

Global Sortation System Market - Segmentation by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America

The Report Covers
• Market value data analysis of 2019 and forecast to 2026.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global sortation system market. Based on the availability of data, information related to products, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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