Automated sortation systems are used to sort a large number of products based on various aspects such as destination, color, and product type, including consumer goods, mail, luggage, and parcel. The increasing need for a reduction in inventory and process handling is expected to drive the forecast period. Organizations from different industries focus on making optimal use of their stock by offering just-in-time delivery services. This has led to increased demand for automated solutions for efficient operations management at distribution centers.
MARKET DYNAMICS
Increasing adoption of Thing's Internet (IoT) technology paves the way for market growth over the forecast period. Market players focus on using technology to enhance their product offering and satisfy end-users' different sorting requirements. However, high initial investments in the manufacturing of the sortation system are anticipated to impact the automated sortation systems market's growth adversely.
MARKET SCOPE
The "Global Automated Sortation System Market Analysis To 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The automated sortation system market report aims to provide an overview of the automated sortation system market with detailed market segmentation by type, end-use industry, and geography. The global automated sortation system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automated sortation system market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global automated sortation system market is segmented on the basis of type and end-use industry. On the basis of type, the automated sortation system market is segmented into: Linear Sortation and Loop Sortation. Based on end-use industry, the automated sortation system market is segmented into: Retail and E-commerce, Food and Beverages, Transportation and Logistics, Pharmaceutical, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global automated sortation system market based on various segments. It also provides automated sortation system market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The automated sortation system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the automated sortation system market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South& Central America after evaluating political, economic, social and technological factors affecting the automated sortation system market in these regions.
MARKET PLAYERS
The reports cover key developments in the automated sortation system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from automated sortation system market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the automated sortation system market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the automated sortation system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bastian Solutions, Inc.
- BEUMER GROUP
- Daifuku Co., Ltd.
- Dematic
- Honeywell Intelligrated
- Interroll Group
- KNAPP AG
- Murata Machinery, Ltd.
- Siemens AG
- TGW Logistics Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.