Market Synopsis of Automated Sortation System Market
The global Automated 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.
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The global Automated 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 Automated Sortation System Market is expected to reach USD ~5,516.15 million by 2022, growing with approximately 4.22% of CAGR during forecast period 2016-2022.
- By Type, Linear Sortation System is dominating the market and is expected to reach USD 2,481.88 million by 2022.
- By Application, Retail & E-commerce is expected to grow with 5.27% CAGR during forecast period 2016-2022.
- North America is expected to dominate the market of Automated Sortation System market throughout the forecast period.
The prominent players in the global Automated Sortation System market are Daifuku Co. Ltd (Japan), Vanderlande Industries B.V (Netherland), OKURA YUSOKI (Japan), Murata Machinery (Japan), Interroll, KION Group (Germany), TGW Group (Austria), Siemens AG (Munich), Mitsubishi Electric Corporation (Japan), BEUMER (Germany), Fives in Intralogistics (U.S.), SSI Schaefer (Germany), Equinox (Netherland), Shanxi Oriental Material Handling Co Ltd (China), and others.
Global Automated Sortation System Market for segment on the basis of type and application.
Global Automated Sortation System Market by Type:
- Linear Sortation
- Loop Sortation
Global Automated Sortation System Market by Application:
- Retail & E-Commerce
- Post & Parcel Sector
- Food & Beverage
- Pharmaceutical & Medical Sector
- Large Airport
The regional analysis of global Automated Sortation System market is being studied for region such as Americas, Europe, Asia pacific, and Rest of the World. The Europe region to dominate the market of global Automated Sortation System. Asia-Pacific is the leading region in the Automated Sortation System market. Emerging e-commerce sector is the pushing the market in Asia-Pacific Automated Sortation System market. Increasing online shopping, as well as growing consumer electronics & FMCG market and increasing sales of consumer products from e-shopping stores in the China and India is boosting the market for automated sortation market in the region.
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- Investors and consultants
- System Integrators
- Government Organizations
- Research/Consultancy firms
- Technology solution providers
- Hardware manufacturers
- Entertainment Sector
- Sports Organization
The report for Automated Sortation System Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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