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Global Automated Sortation System Market Growth 2019-2024

Global Automated Sortation System Market Growth 2019-2024

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Global Automated Sortation System Market Growth 2019-2024
Global Automated Sortation System Market...
Report Code
RO8/109/2599

Publish Date
26/Feb/2019

Pages
161
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Automatic sorting machine is the machinery that according to the preset computer instruction to sorting of goods and delivering the goods to the specified location. Automated Sortation System is similar to conveyors but typically having higher capacity and can divert containers more quickly. Typically used to distribute high volumes of small cartons to a large set of locations, automated sortation systems offer a highly accurate and efficient means of sorting, routing, consolidating, and diverting a wide range of parcel types to unique destinations for the purposes of order selection, processing, packaging, palletizing, storing, and shipping.
Smart IT systems have prompted an expansion in responsiveness and allowed retail distribution centers to significantly reduce inventory by receiving and dispatching goods just-in-time. Some retailers are expected to handle about 90% of their goods in this way. Manufacturers of many fast moving consumer goods are opting for sortation systems to handle cartonized products as they come off the production line to reduce handling steps. Sortation systems help in reducing cost per case with faster delivery, reducing the inventory in distribution centers.
The global Sortation System is segmented on the basis of type, application, and region. The type segment sub-segmented into linear and loop sortation. Among these, Loop Sortation System is the fastest growing market during the forecast period. Loop sortation systems which is also known as circle sorters are configured with tight radius curves to maximize space. It typically comprised of series of cells linked together on a track. Products are inducted onto these cells manually or automatically along with conveyor systems. Once the cell and associated inventory arrive at a divert location, the divert mechanism on the loop sortation system is actuated, sending the inventory to the associated location.
The global Sortation System market is growing due to increase in shipping accuracy & efficiency with sortation system. Automated sortation system is a revolution in mechanical industry. It is designed to sort number of consumer products such as packaged food & beverages, post & parcels, medicines, textiles and others, thereby deliver the packaged products on time. It is generally used for small size products and mainly installed in industries like food & beverage, pharmaceutical, retail, and healthcare. Automated sortation system reduces the time of operations or simulation of raw materials. In a high-volume distribution environment, there is a need of high speed packaging systems determined by the sortation equipment which often determines production speed. These systems are more reliable due to the automation, time consistency, and constant high speed. It is possible to sort high capacity products in automated sortation system with consistency and high speed. However, high installation cost, high maintenance cost are expected to hinder the market of automated sortation system.

According to this study, over the next five years the Automated Sortation System market will register a 7.0% CAGR in terms of revenue, the global market size will reach USD 6850 million by 2024, from USD 4570 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automated Sortation System business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Automated Sortation System market by product type, application, key manufacturers and key regions and countries.

This study considers the Automated Sortation System value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Linear Sortation Systems
Loop Sortation Systems
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Retail and E-commerce
Post and Parcel
Food and Beverage
Pharmaceutical and Medical
Large Airport
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Daifuku
SSI SCHAEFER
KION Group (Dematic)
Vanderlande
BEUMER
Siemens
Intelligrated
Fives Intralogistics
Murata Machinery
TGW Group
Interroll
Mitsubishi Electric Corp
Shanxi Oriental Material Handing
Potevio
Equinox
Okura

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Automated Sortation System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automated Sortation System market by identifying its various subsegments.
Focuses on the key global Automated Sortation System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automated Sortation System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automated Sortation System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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