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Market Scenario:Automated sortation systems are highly accurate and efficient machines designed for sorting, routing, consolidating, and diverting parcel types to determined destinations and aid in order selection, processing, packaging, palletizing, storing, and shipping. The global Automated Sortation System Market is anticipated to expand at a CAGR of 4.22 % during the study period of 2016 to 2022.
Market Dynamics:
Increase Shipping And International Trade Coupled With Growing Complexity Of Supply Chains Is The Prime Determinant Of The Market
There is a growing complexity of international trade and supply chain management functions over time. Good manufactured in one location are assembled at a different site depending on the competitive advantages of countries such as labor cost, raw material, and others. Another antecedent has been the development of large hub and spoke distribution center model. The growing adoption of information technology has created a demand for the adoption of warehouse automation. Thus automated sortation systems have become a critical component of any warehouse design.
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Product Development And Attractive Benefits Are Driving The Market Demand
Attractive advantages of automated sorting such as increase order processing efficiency and accuracy, lower labor cost, lower error, high speed and concurrent lower time are technological factors driving the growth of the market. High tech systems can transport parcels ranging in shape, weight, and size and are capable of speeds up to 20,000 packages per hour, drastically reducing the time of delivery. These systems are more reliable due to the automation, time consistency, and constant high speed.
High Installation And Maintenance Costs Are Hampering Market Growth
However, the top installation and maintenance cost is expected to hinder the market growth of the global automated sortation system. Thus the market favors deep-pocketed firms owing to its high cost.
Automated Sortation System Global Market- Segmentation
The Automated Sortation System Market can be classified into 3 key segments as follows:
• Segmentation by Type: Linear Sortation (Shoe Sorter, Pusher Sorter, Linear Belt Sorter, Paddle Sorter, and Small Parcel Sorter) and Loop Sortation (Cross Belt Sorter, Bomb Bay Sorter, and Tilt Tray Sorter).
• Segmentation by Applications: Retail & E-commerce, Post & Parcel sector, Food & Beverage, Pharmaceuticals & medical supply and large airports among others.
• Segmentation by Regions: Comprises Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
Key Players
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.
Automated Sortation System Global Market- Regional Analysis
The global Automated Sortation System market is estimated to grow at a promising rate in upcoming years. Europe is the leading region among North America, Asia-Pacific and Middle East & Africa. Asia-Pacific is the fastest growing region which is estimated to show high growth during forecast period. Increasing technological advancements, increasing market penetration of E-commerce and increasing disposable income in the region is expected to drive the growth of Automated Sortation Systems market in the region. However, high installation and maintenance cost is expected to hinder the growth of the market in coming years.
Intended Audience
• Investors and consultants
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• Hardware manufacturers
• Entertainment Sector
• Sports Organization
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TABLE OF CONTENTS
1 Executive Summary
2 Market Dynamics
2.1 Market Drivers
2.1.1 Increase In Shipping Accuracy, Time And Efficiency With Sortation Systems
2.1.2 Growing Pharmaceutical And Food & Beverage Industry
2.2 Market Inhibitors
2.2.1 High Instalment Cost
2.2.2 High Maintenance Cost
2.2.3 Space Requirements
2.3 Supply Chain Analysis
2.4 Porter’s Five Forces Analysis
3 Global Automated Sortation System Market, By Type
3.1 Introduction
3.2 Market By Sub-Segment
3.2.1 Linear Sortation
3.2.2 Loop Sortation
Continued…
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Contact Info:
Name: Abhishek Sawant
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Organization: Market Research Future
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Release ID: 88906859
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