Sortation System Market Report 2022: By Key Players, Trends, Size, Share and Forecast 2022-2028
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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