Press release
Sortation System Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030
The global sortation system market is anticipated to grow at a significant CAGR during the forecast period. Based on the application, the market is segmented into food & beverage, healthcare, retail, e-commerce & logistics, airports, and others. Retail, e-commerce & logistics segment is projected to hold a significant share in the market owing to the adoption of automated sortation systems in the industry.Sortation systems in the retail & e-commerce industry play a vital role, as it aids in optimizing order fulfillment processes. It allows for sustainable picking, packing, and placing orders. It also reduces the probability of errors along with the operation time. Thus, this encourages the adoption of sorters in the retail, e-commerce & logistics sector and enhances the overall growth of the global sortation system market.
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Economies such as China, Japan, and European countries have introduced a number of automated plants in order to deliver faster and error-free delivery services. A number of companies are providing logistic solutions globally. Dematic, Daifuku, Honeywell, Murata Machinery, and Knapp AG are some of the global leaders providing sortation systems to the companies. The presence of various key players further has a positive impact on the growth of the global sortation system industry.
Technological advancement in the retail, e-commerce & logistics industry is expected to be one of the motivators for the market. The advent of automated sortation systems also bolsters the adoption of sortation systems in the retail, e-commerce & logistics sectors which thereby supports the sortation system market growth. E-commerce companies have to deal with the thousands of parcels that have to be delivered at different locations. Performing this manually is tedious and time-consuming and there is a possibility of error as well. Hence, companies are adopting automated sorting systems to remove errors while delivering the product.
Automated sorting systems employ a detection system or a combination of detection systems to identify the different types of goods. These detection systems utilize state-of-the-art technologies to automatically sort goods based on various parameters. These systems also precisely control gaps as they function at a particular speed. Thus, the demand for sorters is estimated to upsurge as warehouses and distribution centers continue to demand automated systems to increase productivity and operational capabilities. This, in turn, enhances the growth of the sortation system market.
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
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Sortation System Market- Segment 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
Company Profiles
Bastian Solutions Inc.
Beumer Group GmbH & Co. KG
Daifuku Co. Ltd.
Equinox Global Services B.V.
Fives Group
Honeywell International Inc.
Interroll Holding AG
Itoh Denki USA Inc.
KION Group
KNAPP AG
Kuecker Logistics Group
Mitsubishi Electric Corp.
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Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
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Company Name: Orion Market Research
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Table of Contents
1 Sortation System Market Overview
1.1 Product Overview and Scope of Sortation System
1.2 Sortation System Segment by Type (Product Category)
1.2.1 Global Sortation System Production and CAGR (%) Comparison by Type (Product Category)
1.2.2 Global Sortation System…
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