#Parcel Sortation Systems sector
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Parcel Sortation Systems Market - Global Growth, Share, Trends, Demand and Analysis Report Forecast 2030
Global parcel sortation systems market is poised for unprecedented growth, driven by key technological advancements and the surge in eCommerce activities. With increasing demands for faster, more efficient deliveries, businesses are turning to innovative solutions to meet consumer expectations and optimize their logistics operations. A recent report provides insights into the trends, growth determinants, barriers, and regional outlook shaping the parcel sortation systems market from 2018 to 2030.
Key Trends Fueling Growth:
Advanced Sensor Technologies: The market anticipates a surge in demand for advanced sensor technologies like barcode scanners and high-resolution cameras, enhancing parcel identification accuracy and reducing sorting errors.
Precise parcel identification minimizes mistakes during the sorting process, ensuring each package reaches its destination accurately.
Real-time Data Analytics: Real-time data analytics facilitates dynamic route optimization, enabling sorting systems to adjust routes in real-time for maximum productivity and on-time delivery.
Dynamic route optimization enhances operational efficiency, ensuring timely delivery and customer satisfaction.
Dominance of Linear Sortation Systems: In 2023, linear sortation systems dominated the industry, boasting high-order precision and accurate diverters. These systems play a critical role in ensuring sorting accuracy and error-free deliveries.
Accurate diverters and linear movement contribute to efficient sorting, reducing the likelihood of misplacements.
Market Insights and Opportunities:
Software Segment Dominance: The software segment is projected to dominate the parcel sortation systems market, facilitating barcode scanning and image recognition for improved parcel identification accuracy.
Error-free sorting and increased order correctness depend on advanced software solutions.
Rapid Growth in Food and Beverage Sector: The food and beverage category emerges as the fastest-growing market for parcel sortation systems, driven by the need to handle sensitive or fragile products with care.
Parcel sortation systems equipped with features for gentle handling reduce the risk of product damage.
North America's Market Leadership: North America is expected to account for the largest share of the global parcel sortation systems market, fueled by the region's emphasis on technical innovation and adoption of cutting-edge technologies.
Advanced logistics infrastructure and consumer demand for timely deliveries drive market growth in North America.
Growth Determinants and Barriers:
Remarkable Growth of eCommerce: The proliferation of eCommerce fuels the demand for parcel sortation systems, essential for handling growing shipments and ensuring prompt and precise sorting.
Parcel sortation systems optimize last-mile delivery, meeting consumer expectations for prompt and reliable service.
High Initial Investments: Implementing parcel sortation systems requires significant capital investment, posing a barrier for many businesses, particularly smaller ones with constrained budgets.
Large initial investment costs may deter SMEs from adopting automated sorting solutions.
Integration Challenges with Existing Systems: Integrating parcel sortation systems with diverse IT infrastructures poses technological challenges, potentially disrupting workflow efficiency.
Compatibility issues between automated sorting solutions and legacy systems may hinder seamless integration.
Emerging Trends and Opportunities:
Rise of AI and ML: AI and ML technologies enhance package sorting accuracy through large-scale data analysis, minimizing placement errors and optimizing sorting routes dynamically.
Real-time data analysis and machine learning algorithms improve operational efficiency and enhance customer satisfaction.
Increasing Robotics and Automation: Robotics and automation technologies enable higher-speed parcel sorting, particularly during peak seasons, ensuring continuous 24/7 operations to meet global delivery expectations.
Automation streamlines sorting processes, enabling businesses to handle more parcels efficiently.
Sustainable Solutions: Growing environmental consciousness presents an opportunity for companies to develop and market eco-friendly parcel sorting systems, prioritizing energy efficiency and environmental sustainability.
Environmentally friendly solutions cater to the increasing demand for sustainable practices in logistics operations.
Regional Outlook:
North America's Dominance: North America leads the parcel sortation systems market, driven by the region's advanced logistics infrastructure and consumer demand for dependable deliveries.
Contemporary distribution centers and transportation networks facilitate the implementation of sophisticated sorting systems.
Asia Pacific's Rapid Growth: Asia Pacific emerges as the fastest-growing region, fueled by the unprecedented proliferation of eCommerce and technological advancements.
Advanced parcel sorting systems are essential for handling cross-border eCommerce transactions and ensuring on-time delivery.
Leading Players in the Market: The parcel sortation systems market is consolidated, with key players driving innovation and expanding their global reach. Major industry leaders include Siemens AG, Honeywell Intelligrated, Vanderlande Industries, Beumer Group, and others.
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Navigating the World of Conveyor Belts & Systems.!
Manufacturing and Assembly Lines
In the manufacturing industry, conveyor belts are the lifeblood of production. They enable the efficient movement of raw materials, components, and finished products along assembly lines. These systems minimize manual handling, reduce the risk of damage, and increase productivity. As manufacturing processes evolve, conveyor belt systems are becoming more customizable, allowing businesses to streamline their operations further.
Logistics and Warehousing
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The logistics and warehousing category relies heavily on conveyor systems to optimize storage and distribution processes. Conveyor belts can swiftly transport packages, parcels, and materials within vast warehouse facilities, ensuring timely order fulfillment and reducing operational costs. The integration of modern technologies, such as RFID and automation, has taken logistics to a whole new level, enhancing precision and speed.
Food Processing
In the food industry, conveyor belts play a critical role in ensuring food safety, efficiency, and consistency. They facilitate the movement of food products throughout various stages of processing, from washing and cutting to packaging. Hygienic designs are crucial in this category, ensuring compliance with strict food safety standards. Innovations like food-grade materials and easy-to-clean systems have revolutionized food processing.
Mining and Quarrying
Conveyor belts are a backbone in mining and quarrying operations, handling the transportation of heavy materials like minerals, ores, and aggregates. These systems are designed to withstand harsh environmental conditions and high loads. Recent developments in conveyor belt technology include the use of self-healing materials, which extend the lifespan of belts, reducing downtime and maintenance costs.
Agriculture
Conveyor belts are also gaining importance in agriculture, where they help automate various processes. Farmers and agribusinesses use them for sorting, grading, and packaging crops, such as fruits, vegetables, and grains. Conveyor systems in agriculture have become more adaptable, allowing seamless integration with existing farm machinery and IoT devices, improving crop handling and traceability.
Automotive and Aerospace
In the automotive and aerospace sectors, precision is paramount. Conveyor belts and systems are essential for manufacturing intricate components and ensuring the timely delivery of parts to assembly lines. High-speed conveyors with robotic integration have transformed production in these categories, reducing human error and increasing output.
E-commerce and Order Fulfillment
With the rise of e-commerce, conveyor belts have become a cornerstone in order fulfillment centers. They facilitate the rapid movement of products from storage to packing, improving efficiency in meeting customers’ expectations for quick delivery. Innovations like automated sortation systems have further sped up the order processing cycle.
Conclusion: Conveyor belts and systems have evolved significantly to meet the diverse demands of various industries. They have become instrumental in enhancing efficiency, productivity, and safety across categories like manufacturing, logistics, food processing, mining, agriculture, automotive, aerospace, and e-commerce. As innovation continues to drive advancements in conveyor technology, businesses can look forward to even more streamlined operations and improved competitiveness. Whether it’s about optimizing a manufacturing process or ensuring the swift delivery of your online purchases, conveyor belts and systems will remain a vital part of our modern world.
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Parcel Sortation Systems Industry Forecast to 2018
Parcel Sortation Systems Industry Forecast to 2018
Parcel Sortation Systems Industry provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Parcel Sortation Systems Market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
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#Chinese Parcel Sortation Systems Industry#Global Parcel Sortation Systems Industry#Parcel Sortation Systems 2017 Report#Parcel Sortation Systems Industry#Parcel Sortation Systems Market#Parcel Sortation Systems market analysis#Parcel Sortation Systems Research Report#Parcel Sortation Systems sector
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Automated Sortation System Market Outlook, Trends & Demand Analysis during Forecast 2022 to 2030
Future Market Insights, an ESOMAR certified market research firm in its latest report pegs the global market for automated sortation system to surpass a valuation of US$ 14.34 Billion by the end of 2030.
With accuracy and efficiency of automated sortation systems set to boost KPIs, manufacturers are steadily scaling up logistics and warehousing businesses to improve sorting and picking. Automated sortation are giving and uptick to profit margins by a respectable 1% gain and helping to reduce the total cycle time for orders.
With newer sortation systems having sortation rates close to 100%, operators within the automated sortation system market are increasing their own reliability index through timely deliveries thus gaining an edge in the overall market. Better throughputs help stakeholders prepare well for capacity forecasts.
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Key Takeaways of Automated Sortation System Market
Modern drive systems in automated sortation systems to reduce CO2 emissions by 80%
Accuracy of automated sortation system set to boost perfect order percentage by 3%-4%
Medium throughput sorters will be most lucrative and are slated to capture 46% of the market share through 2030
33% is the overall revenue share of the top 3 countries in the automated sortation system market
Linear automated sorters will witness the most prolific growth through 2030
The COVID-19 Impact on Automated Sortation System Market
The prevailing pandemic has severely obstructed growth within the automotive and air cargo segments which have been majorly hit. However pharmaceutical and food and beverages are seen to benefit. With food and beverage production and supply being deemed as essential services and pharmaceutical sector seeing a burst of innovation the market will see new drug formulations rolling out.
As the social distancing protocols have caused a paradigm shift towards online based shopping and goods procurement, this is turn have boosted the growth opportunities for e-commerce industry. With 60% of countries in partial lockdown, e-commerce is gaining significant traction thus helping businesses using automated sortation systems to scale up. On an optimistic note Future Market Insights anticipates the market to recover over the next 4-6 quarters. Despite the economic slowdown, the market has openly embraced automation without the need for human labour. This move has also led to better optimization of resources and various capital investments to minimize production overheads.
Automated Sortation System Market – Competitive Intelligence
Goods to person is one of the most upcoming and advanced automated solution driving order fulfilment. Today it has carved a niche for itself due to its importance in the supply chain. The leading stakeholders in the market easily occupy a wholesome 34% of the overall market share. Faster delivery times, lower cost positions and increased weight capacities are some of the main strategies of the leading players.
E-commerce giants such as Amazon, Walmart as well as CEP (Courier, Express and Parcel) companies are showing increased inclination towards sortation systems. These companies are exclusively partnering with sortation system manufacturers for optimized sorting solutions at their warehouses. In land constrained, emerging markets, many players are focusing on integration of industrial and residential land uses. Vertical and flexible warehousing solutions is another trend players are capitalizing on.
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Key Segments of Automated Sortation System Industry Survey
Automated Sortation System Market by Equipment:
Pop-Up Rollers & ARB Sorters
Pivoting Arms & Paddle Sorters
Tilt-tray Sorters
Cross Belt Sorters
Pouch/ Pocket Sorters
Sliding Shoe Sorters
Narrow Belt Sorters
Flat Sorters
Push Tray Sorters
Automated Sortation System Market by Component:
Hardware
Software
Automated Sortation System Market by System:
Unit Sorters
Case Sorters
Combo Sorters
Automated Sortation System Market by Sorting:
Linear Sorters
Divert Systems
Circular Sorters
Automated Sortation System Market by End Use:
Courier & Logistics
Paper & Print
Automotive
Food & Beverages
Pharmaceuticals
Air Cargo
Leather Goods
General Manufacturing
Automated Sortation System Market by Load Capacity:
Up to 5kg Automated Sortation Systems
5 to 20 kg Automated Sortation Systems
20 to 35 kg Automated Sortation Systems
Above 35 kg Automated Sortation Systems
Automated Sortation System Market by Throughput Capacity:
High Throughput Sorters (15,000 sorts above)
Medium Throughput Sorters (5,000 to 15,000 sorts)
Low Throughput Sorters (Less than 5,000 sorts)
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Barcode Readers Market Expected To Witness A Sustainable Growth Over 2030
The global barcode readers market is projected to reach value of US$ 10.1 Bn by 2030. The barcode readers market is projected to expand at a CAGR of ~4% from 2020 to 2030. The expansion of the barcode readers market can be attributed to growing usage of barcode readers across the healthcare sector, and increasing demand for handheld barcode readers. North America is anticipated to lead the global barcode readers market in terms of revenue, followed by Europe, during the forecast period.
Growing e-Commerce an Opportunity for Market
Growth in the e-Commerce sector and rapid distribution of goods in order to gain competitive benefits have led to huge demand for barcode readers/scanners. This, in turn, provides significant opportunities for key vendors in the barcode readers market to develop digital solutions to enhance traditional processes.
For instance, in December 2019, Datalogic S.p.A launched its new 2D image-based barcode reader “AV500,” specifically for end users such as retail and healthcare. The technology integrates image processing and vision systems that enable shoppers to easily and quickly execute transactions. It has been especially designed for retail & e-Commerce, airport baggage handling, and postal/parcel sortation.
Additionally, as a substitute to in-house fulfillment, a large number of retail enterprises has shifted to 3PLs from internet order processing to handle these online requirements. This is expected to propel the usage of barcode readers in the logistics industry, as real time tracking and tracing is expected to become the new normal.
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Barcode Readers: Market Segmentation
The global barcode readers market has been segmented based on form factor, type, end user, and region. In terms of form factor, the barcode readers market has been segmented into fixed barcode readers and handheld barcode readers. In terms of type, the market is split into wired barcode readers and wireless barcode readers. The end user segment of the barcode readers market is divided into retail & e-Commerce, transportation & logistics, warehouse, courier & postal services, manufacturing, healthcare, and others (aviation, port, etc.).
Barcode Readers Market: Regional Outlook
In terms of region, the global barcode readers market has been divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America dominates the global barcode readers market and accounted for 38.9% share at the end of 2019. It is likely to maintain its dominance during the forecast period. The barcode readers market in North America is estimated to expand at a growth rate (CAGR) of 4% during the forecast period.
The barcode readers market in Asia Pacific is projected to expand at the fastest CAGR of 4.7% during the forecast period, due to increasing demand for 2D wireless barcode scanners for asset tracking. The barcode readers market in Europe and South America is expected to expand moderately during the forecast period.
The report provides in-depth segment analysis of the global barcode readers market, thereby providing valuable insights at macro as well as micro levels. Analysis of major countries, which offers considerable opportunities or account for significant share has also been included as part of geographic analysis of the barcode readers market.
Barcode Readers Market: Competition Dynamics
The research study includes profiles of leading companies operating in the global barcode readers market. Key players profiled in the report include Zebra Technologies, Datalogic S.p.A, Honeywell International, SATO Europe GmbH, Cognex Corporation, Advantech Co., Ltd., Alien Technology, Bluebird Inc., Cipherlab Co., Ltd, and others.
Global Barcode Readers Market: Segmentation
Barcode Readers Market, by Form Factor
Handheld
Fixed
Barcode Readers Market, by Type
Wired
Wireless
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Barcode Readers Market, by End User
Retail & e-Commerce
Transportation & Logistics
Warehouse
Courier & Postal Services
Manufacturing
Healthcare
Others (Aviation, Port, etc.)
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Automated Sortation Systems Market Size Worth $7.05 Billion By 2027 | Global and Regional Forecast | Grand View Research, Inc.
The global automated sortation systems market size is expected to reach USD 7.05 billion by 2027, expanding at a CAGR of 5.2% from 2020 to 2027, according to a study conducted by Grand View Research, Inc. The rising demand for automated sortation systems in the retail and e-commerce sector is fueling market growth. Surging the adoption of online shopping has led to an increase in the number of orders. Retailers are opting for automated solutions in their warehouse and distribution facilities for error-free operations and on-time delivery of ordered products.
The growing espousal of automated sortation systems in post and parcel applications is anticipated to propel the market growth over the forecast period. Major companies such as DHL International GmbH and FedEx are investing heavily in automating their distribution facilities and enhancing their service offerings. For instance, in November 2018, DHL International GmbH announced the launch of its new automated distribution center in New Jersey. The 200,000 sq. ft. facility is equipped with a wide range of new automated sorting and scanning technologies that enable high throughput.
The market is comprised of a high degree of competition due to the presence of numerous key players. Manufacturers are focusing on opting for various inorganic growth strategies such as acquisitions, mergers, and geographical expansion to leverage their market share and gain a competitive advantage. For instance, in March 2020, Dematic announced that its parent organization KION Group AG acquired Digital Applications International Limited, a U.K. based software company that specializes in developing logistics automation solutions. The acquisition was done to enhance Dematic’s intralogistics software offering.
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Automated Sortation System Market Projected to Witness a Single-Digit CAGR During 2020-2027
Automated Sortation System Market research report gives an in detail investigation of the business and economy-wide information bases for the business the board that suggest development and flourishing for Key parts in this market. This is the most up to date report, covering the current COVID-19 effect available. The pandemic of Coronavirus (COVID-19) has influenced each part of life around the world. The rapidly changing business sector situation and early and up and coming evaluation of the effect are encased in the report.
The worldwide Automated Sortation System Market study offers an assemblage of the current, recorded, and future viewpoint of the business just as the components liable for market development. With a SWOT investigation, the business study features the shortcomings, qualities, openings, and dangers of each Automated Sortation System market major part in a complete manner.
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The market examination on the Automated Sortation System offers an elevated perspective on the current continuing inside the Automated Sortation System market. The market breakdown report has incorporated an investigation of an assortment of variables that expand the development of the market. This market examination additionally offers the extent of extraordinary sections and applications that can basically affect the market later on. Careful data depends on close by patterns and noteworthy achievements.
Key Players:
DAIFUKU, SSI SCHAEFER, KION Group (Dematic), Vanderlande, BEUMER, Siemens, Intelligrated, Fives Intralogistics, Murata Machinery, Equinox, TGW Group, Interroll, Mitsubishi Electric Corp, Shanxi Oriental Material Handling, Potevio, Equinox, Okura
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Market Segmentation by Type:
Linear Sortation Systems
Looped Sortation Systems
Market Segmentation by Application:
Retail and E-commerce
Post and Parcel
Food and Beverage
Pharmaceutical and Medical Supply
Large Airports
What Our Report Offers:
Automated Sortation System Market share valuation of the sections on state and worldwide level
Automated Sortation System Market Share examination of the significant market players
Open doors for new Automated Sortation System market contestants
Automated Sortation System Industry Market conjecture for at least 6 years for all the sections, sub-fragments in different nations and locales
Serious situation planning the key advancement designs.
Organization profiling with comprehensive techniques, budgetary subtleties, and new movements.
The key regions covered in the Automated Sortation System market report are:
North America
Europe
China
Japan
Southeast Asia
India
Report Answers Following Questions:
What are the variables driving the development of the Automated Sortation System market?
What elements are hindering Automated Sortation System market development?
What are the forthcoming open doors in the Automated Sortation System market?
What are their ongoing advancements inside the Automated Sortation System Market?
What key late patterns can be normal in the coming years?
What are the key patterns seen in the market?
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Global Sortation System Market Size, Industry Trends, Growth and Forecast to 2020-2026
The global sortation system market is anticipated to grow at a significant CAGR during the forecast period. Based on the application, the market is segmented into food & beverage, healthcare, retail, e-commerce & logistics, airports, and others. Retail, e-commerce & logistics segment is projected to hold a significant share in the market owing to the adoption of automated sortation systems in the industry.
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Sortation systems in the retail & e-commerce industry play a vital role, as it aids in optimizing order fulfillment processes. It allows for sustainable picking, packing, and placing orders. It also reduces the probability of errors along with the operation time. Thus, this encourages the adoption of sorters in the retail, e-commerce & logistics sector and enhances the overall growth of the global sortation system market.
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Economies such as China, Japan, and European countries have introduced a number of automated plants in order to deliver faster and error-free delivery services. A number of companies are providing logistic solutions globally. Dematic, Daifuku, Honeywell, Murata Machinery, and Knapp AG are some of the global leaders providing sortation systems to the companies. The presence of various key players further has a positive impact on the growth of the global sortation system industry.
Technological advancement in the retail, e-commerce & logistics industry is expected to be one of the motivators for the market. The advent of automated sortation systems also bolsters the adoption of sortation systems in the retail, e-commerce & logistics sectors which thereby supports the sortation system market growth. E-commerce companies have to deal with the thousands of parcels that have to be delivered at different locations. Performing this manually is tedious and time-consuming and there is a possibility of error as well. Hence, companies are adopting automated sorting systems to remove errors while delivering the product.
Automated sorting systems employ a detection system or a combination of detection systems to identify the different types of goods. These detection systems utilize state-of-the-art technologies to automatically sort goods based on various parameters. These systems also precisely control gaps as they function at a particular speed. Thus, the demand for sorters is estimated to upsurge as warehouses and distribution centers continue to demand automated systems to increase productivity and operational capabilities. This, in turn, enhances the growth of the sortation system market.
Global Sortation System Market – Segmentation
By Type
Linear Sortation Systems
Loop Sortation Systems
By Product Type
Cross-belts Sorter
Tilt-trays Sorter
Sliding-shoes Sorter
Narrow-belts Sorter
Others
By Application
Food & Beverage
Healthcare
Retail, e-Commerce & Logistics
Airports
Others
Global Sortation System Market – Segmentation by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
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Parcel Sortation System Market to Witness a Sustainable Growth over 2026
At present, almost every organization and individual uses internet. Due to increase in popularity of E-commerce sector, the increase in online shopping is observed. Large number of commercial as well as consumer items are purchased daily and hence large number of shipments of the parcels are carried out on daily basis. To streamline the distribution process of the parcels from one point to another an efficient process is needed.
Furthermore, organizations are inclining toward automation into the shipment processes due to technological advancement. Software are used for carrying out operations such as sorting of parcels. Generally, manual sorting of parcels consumes lot of time. Hence, to reduce the processing time automation is included in the distribution process.
The parcel sortation systems provide various benefits such as lower per-packet processing time, increased space utilization, error free operations, predictability in handling peaks, end-to-end process transparency, increased scalability, and reduction in dependency on skilled manpower.
Parcel sortation systems has a wide range of applications in various industrial segments such as logistics, E-commerce, airports, pharmaceuticals & medical supply, food & beverages, and others. Increase in labor cost in parcel sorting process is the key factor that drives the growth of the parcel sortation system market.
The growth of E-commerce sector is also expected to increase product demand during the forecast period. However, high deployment and maintenance cost restrain the market growth.
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The parcel sortation system market is highly competitive and the key strategies adopted by the key players are new product launch, product development, business expansion, merger, and acquisition. For instance, in November 2016, DPD, one of the UK’s leading express parcel delivery companies, collaborated with Vanderlande to stay ahead in the dynamic UK parcel industry.
Some of the major factors that drive the growth of the parcel sortation system market include increase in labor cost, rise in industrial shift toward automation, and growth in E-commerce sector. However, high deployment and high maintenance cost is expected to restrain the market growth. Each of these factors is anticipated to have a definite impact on the parcel sortation system market during the forecast period.
The parcel sortation system market is segmented based on type, offering, end user, and region. Based on type, the market is bifurcated into linear parcel sortation systems and loop parcel sortation systems. The linear parcel sortation systems segment is further classified into ARB sorters, linear/vertical belt sorters, pop-up/narrow belt sorters, shoe sorters, small parcel sorters, paddle sorters, and pusher sorters. The loop parcel sortation systems segment is further classified into cross-belt sorters (horizontal), flat sorters/bomb bay sorters, and tilt tray sorters.
Based on offering, the market is categorized into hardware, software, and services. The hardware segment is further divided into processors, cameras, sensors, pressure sensors, analog flow sensors, displacement sensors, proximity sensors, optical sensors, diverters, electrical & mechanical components, and displays. Based on end user, it is categorized into logistics, e-commerce, airports, pharmaceuticals and medical supply, food & beverages, and others. Based on region, the market is analyzed across Europe, Asia pacific, North America, and LAMEA.
The major companies profiled in the global parcel sortation system industry include Dematic, Muratec, Vanderlande, BEUMER Group, Intelligrated, Fives, Bastian Solutions, Siemens, Interroll, Invata Intralogisitcs, and others.
KEY BENEFITS FOR STAKEHOLDERS
This study comprises analytical depiction of the global parcel sortation system market trends with current trends and future estimations to depict the imminent investment pockets.
The overall potential is determined to understand the profitable trends to gain a stronger foothold.
The global parcel sortation system market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market forecast is quantitatively analyzed from 2019 to 2026 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
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Covid-19 Impact on Automated Sortation System Market - Revenue, Developments and Regional Forecast 2022
Market Overview
Automated sortation systems are capable of separating products from in-feed conveyor lines to shipping lanes, packing stations and other kind of sortation process. Broadly, automated sortation system are categorized into linear sortation system and loop sortation systems. Among these, Linear Sortation System is expected to accounts for largest share in the global automated sortation system market. Linear sortation systems as the name suggests, functions in a straight line. These systems perform sortation of a product at one end and move it along their length. Linear sorters can be either chain or belt driven and have diverting mechanism integrated with sortation conveyor. There are number of categories of linear sortation systems available in the market which includes linear belt sorter, narrow belt sorter 30 or 90 degrees, sliding shoe sorter, small parcel sorter, small item sorter, paddle sorter, and pusher sorter.
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Automated sortation system have wide potential applications in various end-users such as retail & e-commerce, post & parcel, food & beverage, pharmaceuticals & medical supply, large airports and others. Among these, Retail & E-commerce is dominating the market during the forecast period. The increasing labor cost, and changing consumer buying behavior has demanded for fast, more accurate and responsive in product purchase and delivery operations thereby has developed huge demand of automated sortation system in retail & e-commerce sector. Sortation system offers accurate, and efficient solution for routing, consolidation and diversion of wide range of parcels. FMCG manufacturers are using sortation system to hold carbonized products as they come off the production line. With growing penetration of online shoppers, ecommerce retailers has adopted sortation system for numeral purposes such as inventory management, order management, picking & shipping, and accurate delivery among others.
The Covid-19 Impact on Automated Sortation System Market is growing rapidly over 4.22% of CAGR and is expected to reach at USD ~5,516.15 million by the end of forecast period 2022.
Segments:
To determine accurately the differential market potential of the global Automated Sortation System market, the report is segregated based on type, application, and region.
Based on the types, the market is divided by linear sortation and loop sortation of which the linear sortation system is dominating the market. The loop sortation system is expected to be the fastest growing market during the forecast period.
Based on the applications, the market is segregated by retail & e-commerce, post & parcel sector, food & beverage, pharmaceutical & medical sector, large airport and others. The retail & e-commerce is projected to grow with a CAGR of 5.27 % during the forecast period of 2016 to 2022.
Based on the regions, the market is segregated as North America, Europe, Asia Pacific, Middle East and Africa.
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.
Market Research Analysis
North America is the most significant market for global automated sortation system, which is dominated by U.S. The European region is dominated by Germany, France, and the U.K. The market, however, is losing its steam owing to economic uncertainty and stagnation.
Asia-Pacific is expected to expand with the highest growth owing to growing e-commerce sector, increasing online shopping, growing consumer electronics & FMCG market and increasing sales of consumer products, especially in China and India. The Middle East and Africa regions are projected to be skewed in favor of Gulf economies of Saudi Arabia, UAE, Kuwait, and Qatar.
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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
Continued…
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How does Parcel Sortation Systems Will grow in Upcoming Years? Know about Challenges, Industry Analysis
The parcel sortation system industry has changed considerably over the past few years with technological development. Automation technology has positively impacted every end-user industry and the adoption of different automated technologies are consistently growing in both developed and developing regions. The manufacturing industry is one of the early adopters of automated technologies, which is majorly attributed to the increasing labor cost and ageing population.
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The demand for parcel sortation systems among the end user industries is consistently growing attributing to the fact that, the manufacturing industries are rapidly increasing their production in order to meet the surging customer demands. Parcel sortation system is an integral part of any warehousing and distribution centers which reduces the manual tasks of shipping and checking orders in a fulfillment operation. The ecosystem for Parcel Sortation System, involves the component providers, system integrators, consultants, and end-user of these systems.
Increase in the production volume of consumer goods is boosting the market for parcel sortation systems. Also, significant growth in E-commerce sector is also boosting the growth of the global market. However, technological complexities associated with the use of parcel sortation system may restrain the market growth during the forecast period. Further, growing demand in the warehouse management system and an overall reduction in the cost of parcel sortation system are expected to deliver ample growth opportunity to the industry players in the near future.
Parcel Sortation Systems Market - Company Profiles
Bastian Solutions Inc.
Daifuku Co. Ltd.
Dematic
Honeywell Intelligrated
Murata Machinery, Ltd.
Interroll Holding GmBH
Invata Intralogistics
Beumer Group
Viastore Systems Inc.
Vanderlande Industries B.V.
The companies are highly participating in new product developments to hold their position in the global parcel sortation system market. For instance, in 2018, Dematic made an advancement in the product distribution with the Dematic Roller Non-Contact Accumulation (RNCA) platform. The platform provides a variety of options for product takeoff from sortation systems - horizontal, decline, powered and gravity variants offer compact and controlled singulation. Also, Interroll developed a new infeed, hence expanding its modular platform solutions enabling efficient material flow. The new infeed modules are perfectly designed to work with Interroll crossbelt sorters.
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What Is The Role Of Warehouse Robots & AMRs In DC Automation
Imagine, there is a 70% reduction in the cost of your warehouse labor. Your warehouse operates during the day and night with similar prices. Your inventory counts are updated daily. Believe it or not, this is a reality in today's warehouses. And their processes can be repeated. Therefore, today, a large number of businesses are investing in warehouse robots and other robot solutions. These solutions are proving to be highly beneficial for warehouses and distribution centers. There are many benefits to adopting these solutions.
Warehouse Robots Surging In warehouses:
Robotic engineers are progressively adopting new technological developments such as artificial intelligence (AI) and the Internet of Things (IoT) with automated robotic technology. Innovative companies that have warehouses in their supply chains prefer results that can bring about effective automation.
But what allows warehouse robots to work autonomously in warehouses? It mainly consists of three things:
Artificial intelligence and machine learning
Better sensor and response capability
Warehouse management software
Autonomous Mobile Robots In A warehouse:
Autonomous mobile robots (AMRs) use sensor technology for delivering inventory around the warehouse. However, unlike automated guided vehicles or AGVs, these robots don’t need a defined track or predetermined route between locations. They are good at understanding understanding their environment via use of onboard sensors, as well as maps.
These small and agile robots can identify information on each package and do it properly. AMRs can move throughout the warehouse as they make their routes based on the required operation. They also re-test when necessary and avoid obstacles in their environment. These robots provide efficiency, accuracy, and security during the sorting process.
These warehouse robots help cut through the redundant process of layoffs so that workers can play a more creative and collaborative role. When a job sometimes seems too dull, humans sometimes tend to make mistakes. On the other hand, today's robots provide consistent accuracy regardless of the tedious nature of the process. As a result, warehouses enjoy a high degree of accuracy.
AMRs not only help in the picking and sorting process, but they can also be used to perform daily inventory checks. Counting robots can scan inventory up to 25 feet away thanks to RFID sensors and scanners. Instead of counting inventory every few months, your warehouse may find that stock is counted every day. Not only will your inventory data be more accurate, but it will also discourage inventory theft.
Sugar warehouses are one of the fastest-growing sectors in its economy. 40% of the world's parcels were distributed in China. His desire for speed and accuracy led to the creation of autonomous mobile robots. AMRs can deliver an impressive 18,000 packages per hour and lower labor costs by up to 70%.
About GreyOrange Pte Ltd.
Being in the industry for more than a period of 10 years, GreyOrange has established itself as a leading multinational technology company. The organization is providing world-class automation solutions, including warehouse robots, AMRs, warehouse execution software, mobile sortation system, parcel sorter, and automated picking robots. All the systems and solutions are packed with the highest quality standards, advanced features, and functionalities. Kindly visit the official site for placing an order for the products.
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Global Sortation Systems Market Projected to Augment at a Notable CAGR during the Forecast Period until 2026
In today’s highly competitive marketplace, multiple sectors, industries, and business processes are undergoing changes with new technologies and innovations. Such factors are positively supporting the growth of the Sortation Systems Market. With the aid of modern technologies, sortation systems are becoming popular among several industries. The growing penetration of automated filling and sorting systems across industries is towering the growth of the sortation systems market. Sortation systems are high throughput machinery systems designed for small order sizes in shipping and logistics.
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Furthermore, in the recent years, it has been observed that many distributors are switching to automated sortation systems to optimize the supply chain. In order to improve operations and profit margins, distributors are adopting automated sortation systems. Such factors are projected to fuel the growth of the sortation systems market across the world.
Sortation systems are designed to sort a number of consumer products such as post and parcels, medicines, textiles, packaged food and beverages, and others. Sortation systems are generally used for small size products to deliver packaged products on time. Sortation systems are generally installed for food & beverages, retail, pharmaceuticals, and healthcare. In parallel, the integration of Industry 4.0 across the world is anticipated to drive the growth of the sortation systems market. In many industries, IoT and other process optimization equipment are taking place. These factors are expected to create potential growth opportunities for the sortation systems market in the near future. Apart from this, rising industrial automation and the growth of e-Commerce are also key growth factors of the sortation systems market across the world.
Sortation Systems Market: Drivers and Challenges
The global push for efficient and optimize supply chains is one of the primary factors fuelling the growth of the sortation systems market. The modernization of warehouses is creating potential growth opportunities for the sortation systems market. The growing technological expansion of industries has been a key factor, and has offered lucrative opportunities for the sortation systems market.
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Furthermore, government initiatives for Industry 4.0 and industrialization is towering the growth of the sortation systems market in most of the developed and developing economies. Apart from this, the rising trend of industrial automation is a major factor that is driving the growth of sortation systems market.
However, issues such as lack of digital development in developing countries act as restraining factors for the sortation systems market. Moreover, the high integration cost of a sortation system is one challenge for the growth of the sortation systems market.
Sortation Systems Market: Competition Landscape
Key Players
Some of the major players in the global sortation systems market are Daifuku Co. Ltd., Vanderlande Industries B.V, OKURA YUSOKI, Murata Machinery, Interroll, KION Group, TGW Group, Siemens AG, Mitsubishi Electric Corporation, BEUMER, Fives in Intralogistics, SSI Schaefer, Equinox, Shanxi Oriental Material Handling Co Ltd., and other sortation system manufacturers.
Sortation Systems Market: Regional Overview
On the basis of geography, North America is expected to dominate the sortation systems market, due to the presence of various sortation system providers and rapid industrialization. In North America, the growth of various industries is supporting the sortation systems market. Europe and Asia Pacific are also expected to create potential growth opportunities for the sortation systems market, owing to the increasing adoption of latest technologies for the supply chain. Moreover, the demand for sortation systems has risen dramatically in the past few years in the Middle East & Africa and Latin America, due to the rise in digital technologies and growth in connected technologies.
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Global Parcel Sortation Systems Market Size and Market Share
Global Parcel Sortation Systems Market Size:
The Global Parcel Sortation Systems Market size is anticipated to reach $2.0 billion by 2023, rising at industry progression of 9.1% CAGR during the predictions period. Automated sortation system is viewed as an important development in the mechanical sector. Automation is utilized in sorting quantity of end user products which include packaged food & beverages, post & parcels, medicines, textiles yet others. The technologies is commonly used in manufacturers which include food & beverage, pharmaceutical, retail store, and even medical, for small size products. The profits of the parcel sortation systems industry as a result of increasing labor costs, rising industrial automation, and developing in internet based field. Additionally, rising practical application areas of parcel sorting systems, integration of Market 4.0 and IoT with sorting systems would significantly include in the industry opportunities during the anticipate duration of time.
Global Parcel Sortation Systems Market Segmentation
Based on Offering, the Parcel Sortation Systems market segments the market into, Appliance Processors: The Europe market retains the greatest market reveal in Global Processors Market by Location in 2016 and would likely continue to be a predominant market till 2023; increasing at a CAGR of 6.4 % during the prophecies time period. Digital cameras: The North America market is forecasted to witness a CAGR of 6.8% during 2017 - 2023 in Global Cameras Market. Sensors Displays: The Asia Pacific market is anticipated to witness a CAGR of 10.5% during 2017 - 2023 in Global Displays Market.
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#Global Parcel Sortation Systems Market Size#Global Parcel Sortation Systems Market Share#Global Parcel Sortation Systems Market Segmentation#Global Parcel Sortation Systems Market Growth
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Automated Material Handling Market Examined in New Market Research Report Forecast 2018-2027
Market Highlights:
The major growth driver of automated material handling market includes increased adoption of automation in the manufacturing and warehouses industries and constant evolution innovation in automated technology that aids to reduce the time and overhead expenses of material handling. Furthermore, the increased demand for automated system in different verticals such as automotive, pharmaceuticals and chemical industries are expected to boost the demand for automated material handling market over the forecast period. However, high cost for installation, shortage of technical expertise, high maintenance costs of equipment and system are some of the factors which are hindering the growth of automated material handling market.
Automated Material Handling Market report takes you through the full Market Analysis, Opportunities, Price, Growth, Trends and Featuring the market Predictions right up to the years 2027 and helps you to find out:
• How the market revenue is progressing globally.
• What are the key driving or affecting factors for the market growth?
• How the market revenue is progressing in various segments & geographies.
• Who are the emerging Players, current players & the Key Players (Leaders) of the market? Get yourself acquainted with their trends.
• What are the current main market trends responsible for shaping up the Market Acquisitions
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Major Key Players:
Intelligrated (U.S.)
Vanderlande Industries (U.S.),
Dematic (U.S.),
Schaefer Holding International (Germany),
Daifuku Co. Ltd (Japan),
Murata Machinery (Japan),
Mecalux (Spain),
BEUMER Group (Germany),
Swisslog AG (Switzerland),
Kardex (Switzerland),
Industry News
March 2017, Toyota Industries Corporation acquired Vanderlande Industries Holding B.V, the global market leader for value added logistic process automation. In order to boost the Toyota industries material handling system, Toyota Industries Corporation has signed an agreement with Vanderlande Industries and acquired 100% shares in the company. Vanderlande is known for expert proficient for logistic purpose of retail and parcel handling sectors and is one of the world’s leading companies for passenger baggage handling system at airports. Also, Vanderlande, Toyota Industries and Bastian had collaborated to provide innovative logistic solutions to customers worldwide.
August 2017, Jungheinrich AG, solutions to be used by LMC Caravan for logistic solutions. LMC caravan had installed Jungheinrich solution to implement the warehouse and material flow technology at their new logistic facility. The strategy is to boost the material flow inside companies overall logistics operations. LMC caravan was impressed by Jungheinrich’s logistics solutions because they tends to offers with a sustainable price and quality of service for future logistics requirements at LMC Caravan Sassenberg, West German based Unit.
May 2017, Daifuku becomes No.1 system supplier of Modern Material Handling. Based on sales of 2016, Daifuku was ranked No.1 for three consecutive years in “Top 20 Worldwide Material Handling System Suppliers 2017”by U.S. based Modern Material Handling magazine. Daifuku business has excelled across the world. This is due to global enhanced investment in logistics system by the e-commerce sector and increased demand for automation and the use of capital investment settle the issues of shortage of labor to foster the productivity.
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Automated Material Handling Market Global Market - Segmentation
Segmentation by Product: Robots, Automated Storage and Retrieval Systems (ASRS), Automated Conveyors and Sortation Systems, Automated Cranes, Automated Guided Vehicles (AGV)
Segmentation by System: Unit Load Material Handling Systems, Bulk Load Material Handling Systems
Segmentation by Software: Warehouse Management System, Warehouse Control System, Warehouse Execution System
Segmentation by Function: Storage, Transportation, Assembly, Packaging, Distribution, Waste Handling.
Segmentation by Industry: Automotive Metals & Heavy Machinery, Food & Beverages, Chemical, Semiconductor and Electronics, Healthcare, Aviation, E-Commerce, Others (paper and printing, and textile and clothing)
Segmentation by Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Regional Analysis
Asia Pacific is expected to dominate the global Automated Material Handling Market with the largest market share in the region. This is attributed to large number of manufacturers and suppliers are encouraging the material handling devices to gain the desired results. Furthermore, China and Japan are the prominent countries leading in the Asia Pacific region. China has constantly increase their investment to adopt automation techniques to boost manufacturing sector to increase their GDP.
North America region is expected to have the significant growth over the forecast period due to advanced technological infrastructure. The U.S and Canada are the leading countries in the North America region. Additionally, Europe is expected to have substantial growth owing to large amount of investment in food and beverage industry.
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