MARKET INTRODUCTION
The sortation systems are used for classifying different items on a conveyor system and diverting them to their destinations using sorting software. Manufacturers of many fast-moving consumer goods choose sortation systems to handle carton off the production line to reduce handling steps. Such systems help in reducing cost per case with faster delivery and in reducing the inventory in distribution centers. The booming e-commerce industry and emerging industry 4.0 create a positive outlook of the sortation systems during the forecast period.
MARKET DYNAMICS
The sortation systems market is anticipated to flourish in the forecast period owing to driving factors such as the growth of the e-commerce industry coupled with robust demand form the manufacturing sectors. Also, increasing labor cost are expected to propel the market growth. However, high deployment and maintenance costs may hinder the growth of the sortation systems market during the forecast period. Nevertheless, industrial automation and IIoT would create significant opportunities for the sortation systems market in the future.
MARKET SCOPE
The "Global Sortation Systems Market Analysis to 2027" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of sortation systems market with detailed market segmentation by technology, end user, and geography. The global sortation systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading sortation systems market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global sortation systems market is segmented on the basis of technology and end user. Based on technology, the market is segmented as linear sortation system and loop sortation system. The market on the basis of the end user is classified as post and parcel, food and beverages, retail, airport, 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 sortation systems market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The sortation systems 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 sortation systems 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 sortation systems market in these regions.
MARKET PLAYERS
The reports cover key developments in the sortation systems 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 the way for the expansion of business and customer base of market players. The market players from sortation systems market are anticipated to lucrative growth opportunities in the future with the rising demand for sortation systems in the global market. Below mentioned is the list of few companies engaged in the sortation systems market.
The report also includes the profiles of key sortation systems companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- BEUMER Group
-Conveyco
-Daifuku Co., Ltd.
-Dematic
-Honeywell Intelligrated
-Interroll Holding GmbH
-Invata Intralogistics
-KNAPP AG
-Murata Machinery, Ltd.
-ViaStore