Global Sortation Systems Market Overview
A sortation system (hardware) merges, identifies, inducts, separates, and conveys products to specific destinations. The automation trend has spread its wings across a range of industry verticals, and sortation systems play an imperative role in assisting manufacturers in fulfilling their automation objectives. Conveyors and sortation systems allow more efficient retail, wholesale, and manufacturing distribution and are used across industries, such as post and parcel, airport, food and beverages, retail, and pharmaceuticals.
Global Sortation Systems Market Dynamics
High Demand from Logistics
Warehousing accounts for 25% share in the logistics industry, which remains mostly unorganized in developing countries. However, this scenario is changing gradually, and warehousing is becoming more organized. Thus, the demand for conveyors, sorters, and other material handling systems is surging. By using sortation systems at warehouses, order consolidation can be done quickly. Also, sorting at the destination has become easier and accurate by employing automated sorters. This will further boost the demand for sortation systems in warehouses and logistic centers.
Need for Reduction in Inventory and Handling Processes
Smart IT systems have prompted an expansion in responsiveness and allowed retail distribution centers to significantly reduce inventory by receiving and dispatching goods just-in-time. Some retailers are expected to handle about 90% of their goods in this way. Manufacturers of many fast moving consumer goods are opting for sortation systems to handle carbonized products as they come off the production line to reduce handling steps. Sortation systems help in reducing cost per case with faster delivery, reducing the inventory in distribution centers.
E-Commerce to Create Remunerative Potential
Increasing popularity of e-Commerce surges the number of orders placed per day. This hike in the number of orders has made product delivery a challenging task for the logistics industry. Thus, the demand for material handling solutions such as sortation systems is witnessing a rise across all regions, in order to increase productivity. Also, order fulfilments in the e-Commerce industry include versatility in terms of handling packaging formats. Initially, products from e-Commerce are delivered in cartons, which make their sorting a challenging task. However, polybags are increasingly being employed for e-Commerce delivery, as they are less expensive and apt for the packaging of apparel, consumer durables, and other goods, as compared to cartons.
According to the 2017 Annual Industry Report produced by MHI, 63% of supply chain professionals revealed that hiring and retaining a skilled workforce continues to be the biggest obstacle faced by their businesses. Since millennial are known for placing high importance on the quality of time-off and the ability to work on top-notch automated projects, automated warehouses are being marked as a lucrative source of employment, as well as advanced learnings.
Global Sortation Systems Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The global sortation systems market is segmented based on type, and region.
On the basis of type, the global sortation systems market is segmented into post and parcel, airport, food and beverages, retail and pharmaceutical.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the global sortation systems market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America dominates the global market in terms of revenue and is projected to continue its dominance in the coming years, due to increasing interest in sustainability, coupled with a robust economy as a result of cost containment, has led to the demand for the sortation systems in the country. In the United States, post offices have seen a 60% energy savings in parcel-handling applications after employing roller sortation system across their parcel handling module. The strong economy of the US region, with notable port traffic, increased e-commerce activity, and key manufacturing indices resulting in manufacturing growth are poised to drive the demand for sortation system across the country. Irrespective of a couple of external and domestic risks that could impact the positive outlook, the economy of Asia-Pacific is set to grow with the aid of stronger growth in advanced economies, a moderate recovery in commodity prices, and a recovery in the global trade growth.
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Attribute |
Details |
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Base year for estimation |
2019 |
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Forecast period |
2019 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2019 to 2029 |
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Market Segmentation |
By Type - Post and Parcel, Airport, Food and Beverages, Retail and Pharmaceutical |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global sortation systems market report based on type, and region:
Global Sortation Systems Market, By Type:
- Post and Parcel
- Airport
- Food and Beverages
- Retail
- Pharmaceutical
Global Sortation Systems Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
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- North America
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Rest of Middle East & Africa
Global Sortation Systems Market Key Players
The key players operating the global sortation systems market includes Daifuku Co. Ltd, Interroll Holding AG, Dematic Corp., Viastore Systems Gmbh, Muruta Machinery Ltd., Vanderlande Industries BV, Beumer Group Gmbh & Co. KG, Honeywell Intelligrated Inc., TGW Logistics Group GmbH, GreyOrange Pte Ltd. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in March 2018, Beumer Group launched a sortation system at LogiMAT. The BG Line Sorter provides an alternative to traditional sliding-shoe line sorters by combining the broad handling mix of a cross-belt sorter within the compact footprint of a line sorter. In April 2019, Daifuku Co., Ltd. announced that it has completed its acquisition of India-based Vega Conveyors & Automation Private Limited (“Vega”)
Global Sortation Systems Market Company Profile
- Daifuku Co. Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Interroll Holding AG
- Dematic Corp.
- Viastore Systems Gmbh
- Muruta Machinery Ltd.
- Vanderlande Industries BV
- Beumer Group Gmbh & Co. KG
- Honeywell Intelligrated Inc.
- TGW Logistics Group GmbH
- GreyOrange Pte Ltd
“*” marked represents similar segmentation in other categories in the respective section
Global Sortation Systems Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Sortation Systems Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Sortation Systems Market, By Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Post and Parcel
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Airport
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Food and Beverages
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Retail
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Pharmaceutical
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Sortation Systems Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Sortation Systems and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Sortation Systems and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Sortation Systems and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Sortation Systems and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Sortation Systems and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Daifuku Co. Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Interroll Holding AG
- Dematic Corp.
- Viastore Systems GmbH
- Muruta Machinery Ltd.
- Vanderlande Industries BV
- Beumer Group Gmbh & Co. KG
- Honeywell Intelligrated Inc.
- TGW Logistics Group GmbH
- GreyOrange Pte Ltd
- Daifuku Co. Ltd
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- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The global sortation systems market is segmented based on type, and region.
The market is driven due to high demand from logistics
The market in North America dominates the global market in terms of revenue and is projected to continue its dominance in the coming years, due to increasing interest in sustainability, coupled with a robust economy as a result of cost containment, has led to the demand for the sortation systems in the country.
The market in North America dominates the global market in terms of revenue and is projected to continue its dominance in the coming years, due to increasing interest in sustainability, coupled with a robust