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Global Automated Sorting System Market Size study, by Type, by Application and Regional Forecasts 2024-2032

Global Automated Sorting System Market Size study, by Type, by...

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Global Automated Sorting System Market Size study, by Type, by Application and Regional Forecasts 2024-2032
Global Automated Sorting System Market...
Report Code
RO8/103/1854

Publish Date
06/Nov/2024

Pages
200
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Global Automated Sorting System Market is valued at approximately USD 6.3 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 7.1% over the forecast period 2024-2032. Automatic sorting systems utilize robotics, artificial intelligence, and sensor technologies to identify, classify, and reroute objects in sectors like logistics, manufacturing, postal services, and e-commerce. These systems have revolutionized the efficiency of sorting processes by offering high-speed, accurate sorting solutions. The ability to automate these processes significantly reduces labor costs while improving accuracy, allowing businesses to streamline operations and boost productivity. With the rapid expansion of e-commerce and supply chain demand, businesses are increasingly turning to these systems to remain competitive and meet consumer expectations for fast, reliable order fulfillment.

Technological advancements such as the integration of artificial intelligence (AI) and machine learning (ML) into sorting systems have further propelled market growth. AI algorithms enable these systems to self-adapt, self-optimize, and improve sorting speed and accuracy over time, which makes them invaluable in industries where precision is critical, such as pharmaceuticals and logistics. Moreover, the rise of cobots, or collaborative robots, which work alongside human operators, has expanded the accessibility of sorting solutions to smaller facilities, especially in e-commerce fulfillment centers. However, challenges such as high initial setup costs and the need for regular maintenance may hinder market growth.

The key regions considered for the Global Automated Sorting System Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Europe held the largest market share due to the presence of leading companies such as Siemens AG, KNAPP AG, and Beumer Group GmbH. The region benefits from a strong logistics performance index and the widespread adoption of automation in warehouse operations. Meanwhile, the Asia Pacific region is expected to experience the highest CAGR, driven by increased online shopping and the growing adoption of Industry 4.0 technologies in countries like China and India.

The major market players included in this report are:
BEUMER Group GmbH
Vanderlande Industries
Honeywell Intelligrated
Fives Intralogistics
TGW Group
Siemens AG
Murata Machinery Ltd.
Interroll Group
Mitsubishi Electric Corporation
Potevio
Compac Sorting Equipment Inc.
ULMA Handling Systems
DAIFUKU Co. Ltd.
SSI SCHAEFER
KION Group (Dematic)
The detailed segments and sub-segments of the market are explained below:
By Type:
Linear Sortation Systems
Loop Sortation Systems
By Application:
Retail & E-commerce
Post & Parcel
Food & Beverage
Pharmaceutical & Medical Supply
Large Airports
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approaches.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

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