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.
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.
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.
- 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 10
2.1.1 Increase In Shipping Accuracy, Time And Efficiency With Sortation Systems 10
2.1.2 Growing Pharmaceutical And Food & Beverage Industry 11
2.2 Market Inhibitors 11
2.2.1 High Instalment Cost 11
2.2.2 High Maintenance Cost 12
2.2.3 Space Requirements 12
2.3 Supply Chain Analysis 12
2.4 Porter’s Five Forces Analysis 13
3 Global Automated Sortation System Market, By Type
3.1 Introduction 14
3.2 Market By Sub-Segment 14
3.2.1 Linear Sortation 15
3.2.2 Loop Sortation 16
4 Global Automated Sortation System Market, By Application
4.1 Introduction 18
4.2 Market By Sub-Segment 18
4.2.1 Retail & E-Commerce 19
4.2.2 Post & Parcel Sector 21
4.2.3 Food & Beverage 22
4.2.4 Pharmaceuticals & Medical Supply 23
4.2.5 Large Airports 25
4.2.6 Others 26
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