Global Sortation System Market Size, Industry Trends, Growth and Forecast to 2020-2026


Posted July 11, 2020 by rishabh3210

Global Sortation System Market Size. Industry Trends, Growth and Forecast to 2020-2026Global Sortation System Market Size. Industry Trends, Growth and Forecast to 2020-2026

 
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.

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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

Global Sortation System Market – Segmentation 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

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Issued By Rishabh
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Categories Business
Tags global sortation system market size industry trends , growth and forecast to 20202026
Last Updated July 11, 2020