Global Belt Sorters Market
Tamaño del mercado en miles de millones de dólares
Tasa de crecimiento anual compuesta (CAGR) : %
Período de pronóstico |
2024 –2031 |
Tamaño del mercado (año base) |
USD 3,289.40 Million |
Tamaño del mercado (año de pronóstico) |
USD 6,949.20 Million |
Tasa de crecimiento anual compuesta (CAGR) |
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Jugadoras de los principales mercados |
Global Belt Sorters Market, By Type (Linear Cross Belt Sorting, Ring Cross Belt Sorting) By Application (Mail and Post Industry, E-commerce Industry, Food and Beverage Industry, Apparel Industry, Healthcare and Medical Industry, Others) - Industry Trends and Forecast to 2031.
Belt Sorters Market Analysis and Size
The growth in the belt sorter market would grow exponentially due to the expand in the e-commerce sector. Creating value for customers and customer satisfaction is the major focus for the shipment and logistics companies worldwide. The advent of the internet and the age of digitalization has raised the way customers shop in today's age and has led to a boost in the number of parcels delivered.
Data Bridge Market Research analyzes that the global belt sorters market is expected to reach USD 6,949.2 million by 2031, from USD 3,289.40 Million in 2023, and is expected to undergo a CAGR of 9.80% during the forecast period of 2024 to 2031. “Linear cross belt sorting” dominates the components segment of the market due to demand from growing markets. The growth of the e-commerce market is one of the major factors driving the growth of the belt sorters market. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2024 to 2031 |
Base Year |
2023 |
Historic Years |
2022 (Customizable to 2016-2021) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
By Type (Linear Cross Belt Sorting, Ring Cross Belt Sorting) Application (Mail and Post Industry, E-commerce Industry, Food and Beverage Industry, Apparel Industry, Healthcare and Medical Industry, Others) |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
Market Players Covered |
BEUMER Group (Germany), Siemens (Germany), Toyota Advanced Logistics (Bastian Solutions, Vanderlande) (U.S.), Fives Intralogistics (U.S.), Honeywell Intelligrated (U.S.), KENGIC Intelligent Equipment (China), OMH Science Group (China), Mjc Co., Ltd (Japan), ILS (Innovative Logistics Solutions), Kunming Shipbuilding Equipment (China), Suzhou Jinfeng Logistics Equipment (China), China Post Science and Technology (China), Dematic Corporation (KION) (U.S.), Okura Yusoki Co., Ltd (Japan), Interroll Holding (Switzerland), Muratec Machinery (Japan), Zhejiang Damon Technology (China), Jiangsu Leadoin Intelligent Technology (China), Wayz Intelligent Manufacturing Technology (China), MHS Global (U.S.), SDI Systems (U.S.), Shanghai Simba Automation Technology (China), Daifuku Co., Ltd. (Japan) |
Market Opportunities |
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Market Definition
A crossbelt sorter is one that is mounted on top of a consistent conveyor loop. Miniature belt conveyor is the carrying surface that sits atop the continuous loop, thereby holding the product. Based on the model used, the number of diverts, and the type of product being conveyed, a throughput rate of approximately 25,000 units per hour is possible. This is one of the highest throughput rates of any continuous loop conveyor. Crossbelt sorters are ideal for handling cartons, polybags, totes, and single units weighing between 10 and 30 kilograms.
Global Belt Sorters Market Dynamics
Driver
- Growth of e-commerce to drive the market
The growth of e-commerce has had a huge impact on the belt sorters market. With the growth of the e-commerce industry, there is a greater need for crossbelt sorters for the mass parcels and packaging. This is primarily due to time constraints and human errors that occur when handling large volumes of parcels. This has had a positive impact on the market, fueling its growth. Furthermore, the usage of crossbelt sorters will also reduce labor costs significantly. Apart from this, the growing emphasis of companies on increasing productivity in order to create a favorable environment for sustainable business is likely to have a positive impact on the cross-belt sorter market.
Opportunity
- Features Of crossbelt sorters to drive the market
Various features and benefits of crossbelt sorter including high product throughput across a wide range of products, flexible integration into existing layouts, low operating expenses, mechanically simple construction, and greater sort location density is a major driving factor of the market.
Restraint/Challenge
- High cost of installation and maintenance to restrain the market growth
The installation and maintenance of these sorters require more money which is a major factor impeding the belt sorters market growth. Even though not all types of crossbelt sorters require high maintenance costs, there are still some industries which have to spend more money for the maintenance cost of the same.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In March 2021, Interroll Group announced launch of a new split tray sorter called the 'MT015S'. It is an automatic cross-belt sorting system suitable for numerous industries such as logistics, e-commerce, and pharmaceuticals. It weighs 12 kilograms
- In March 2020, Beumer Group announced launch of a new compact cross belt sorter, 'the BG sorter Compact CB'. It has many features like flexibility, rugged properties, easy integration, and energy efficiency
Global Belt Sorters Market Scope
The belt sorters market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Linear Cross Belt Sorting
- Ring Cross Belt Sorting
Application
- Mail and Post Industry
- E-commerce Industry
- Food and Beverage Industry
- Apparel Industry
- Healthcare and Medical Industry
- Others
Global Belt Sorters Market Region Analysis/Insights
The belt sorters market is analyzed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of the Middle East and Africa.
North America is expected to dominate the market because it is home to renowned research institutions, universities, and technology companies that conduct cutting-edge research in photonics and integrated circuit technologies. This strong R&D ecosystem fosters innovation and drives advancements in Belt Sorters circuits.
Asia-Pacific is expected to be fastest-growing country in the market due to the fact that this region has a large and rapidly growing population, along with a significant increase in internet usage and data consumption. This drives the demand for high-speed and efficient communication networks, which can benefit from the use of belt sorters circuits. PICs are capable of integrating multiple optical components on a single chip, making them well-suited for high-speed data transmission and communication applications.
The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.
Competitive Landscape and Global Belt Sorters Market Share Analysis
The belt sorters market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the belt sorters market.
Some of the major players operating in the belt sorters market are:
- BEUMER Group (Germany)
- Siemens (Germany)
- Toyota Advanced Logistics (Bastian Solutions, Vanderlande) (U.S.)
- Fives Intralogistics (U.S.)
- Honeywell Intelligrated (U.S.)
- KENGIC Intelligent Equipment (China)
- OMH Science Group (China)
- Mjc Co., Ltd (Japan)
- ILS (Innovative Logistics Solutions)
- Kunming Shipbuilding Equipment (China)
- Suzhou Jinfeng Logistics Equipment (China)
- China Post Science and Technology (China)
- Dematic Corporation (KION) (U.S.)
- Okura Yusoki Co., Ltd (Japan)
- Interroll Holding (Switzerland)
- Muratec Machinery (Japan)
- Zhejiang Damon Technology (China)
- Jiangsu Leadoin Intelligent Technology (China)
- Wayz Intelligent Manufacturing Technology (China)
- MHS Global (U.S.)
- SDI Systems (U.S.)
- Shanghai Simba Automation Technology (China)
- Daifuku Co., Ltd. (Japan)
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Metodología de investigación
La recopilación de datos y el análisis del año base se realizan utilizando módulos de recopilación de datos con muestras de gran tamaño. La etapa incluye la obtención de información de mercado o datos relacionados a través de varias fuentes y estrategias. Incluye el examen y la planificación de todos los datos adquiridos del pasado con antelación. Asimismo, abarca el examen de las inconsistencias de información observadas en diferentes fuentes de información. Los datos de mercado se analizan y estiman utilizando modelos estadísticos y coherentes de mercado. Además, el análisis de la participación de mercado y el análisis de tendencias clave son los principales factores de éxito en el informe de mercado. Para obtener más información, solicite una llamada de un analista o envíe su consulta.
La metodología de investigación clave utilizada por el equipo de investigación de DBMR es la triangulación de datos, que implica la extracción de datos, el análisis del impacto de las variables de datos en el mercado y la validación primaria (experto en la industria). Los modelos de datos incluyen cuadrícula de posicionamiento de proveedores, análisis de línea de tiempo de mercado, descripción general y guía del mercado, cuadrícula de posicionamiento de la empresa, análisis de patentes, análisis de precios, análisis de participación de mercado de la empresa, estándares de medición, análisis global versus regional y de participación de proveedores. Para obtener más información sobre la metodología de investigación, envíe una consulta para hablar con nuestros expertos de la industria.
Personalización disponible
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