Global Automated Sortation System Market, By Type (Linear Sortation, Loop Sortation), End User (Retail and E-Commerce, Post and Parcel Sector, Food and Beverage, Pharmaceutical and Medical Sector, Large Airport, Others), Country (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 Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Automated Sortation System Market
The automated sortation system market is expected to witness market growth at a rate of 5.20% in the forecast period of 2021 to 2028 and is expected to reach USD 7,173.87 million by 2028. Data Bridge Market Research report on automated sortation system market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in need for shipping accuracy globally is escalating the growth of automated sortation system market.
Automated sortation systems refer to the systems that are basically utilized with the purpose of sorting a large number of products including consumer goods, mail, luggage and parcel based on various aspects such as product type, destination and color. Organizations belonging to different industries are emphasizing on making optimal use of their stock by offering just-in-time delivery services.
The rise in demand for automated solutions for efficient operations management at distribution centers acts as one of the major factors driving the growth of automated sortation system market. The increase in the adoption of internet of thing (IoT) technology by organizations and the increase in use of the technology in order to improve their product offering and meet the various sortation requirements of end-users accelerate the automated sortation system market growth. The rise in investments in warehouse automation in various sectors and increase in adoption of pouch/pocket sorters in clothing and apparel applications further influence the automated sortation system market. Additionally, expansion of end user industries, rapid urbanization and digitization, high acceptance of automation to reduce labor cost and rise in investment in automation and connected solutions positively affect the automated sortation system market. Furthermore, the growth in tourism increasing the need for these solutions at airports extends profitable opportunities to the automated sortation system market players in the forecast period of 2021 to 2028.
On the other hand, high initial investments in the manufacturing of these systems are expected to obstruct the automated sortation system market growth. The implementation of stringent regulations is projected to challenge the automated sortation system market in the forecast period of 2021-2028.
This automated sortation system market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automated sortation system market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automated Sortation System Market Scope and Market Size
The automated sortation system market is segmented on the basis of type and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the automated sortation system market is segmented into linear sortation and loop sortation.
- On the basis of end user, the automated sortation system market is segmented into retail and e-commerce, post and parcel sector, food and beverage, pharmaceutical and medical sector, large airport and others.
Global Automated Sortation System Market Country Level Analysis
The automated sortation system market is analyzed and market size, volume information is provided by country, type and end user as referenced above.
The countries covered in the global automated sortation system market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the automated sortation system market because of the presence of prominent market players, high usage of automation for warehouse operations and increase in demand in the transportation and logistics sector in the region. Asia-Pacific is expected to witness the highest CAGR during the forecast period of 2021 to 2028 because of the rise in adoption of online shopping among developing countries such as China and India, increase in the usage of automated technologies and emergence of industry 4.0 in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream 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 their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Automated Sortation System Market Share Analysis
The automated sortation system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automated sortation system market.
The major players covered in the automated sortation system market report are Bastian Solutions, Inc., BEUMER GROUP, Daifuku Co., Ltd., Dematic, Honeywell Intelligrated, Interroll Group, KNAPP AG, Murata Machinery, Ltd., Siemens, TGW Logistics Group, Vanderlande Industries B.V., Okura Yusoki Co., Ltd., Mitsubishi Electric Corporation, Fives, Schaefer Systems International Pvt Ltd, Shanxi Oriental Material Handling Co Ltd, ITOH DENKI, Honeywell Intelligrated among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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