DecisionDatabases recently present the global Automated Sortation System Market research report 2020 which reveals an extensive analysis of the global industry by delivering detailed information about upcoming market growth, trends, customer expectations, technological improvements, competitive dynamics, top manufacturers' assessment, and working capital in the industry. This is an in-depth study of the market enlightening key forecast to 2025.
Automatic sorting machine is the machinery that according to the preset computer instruction to sorting of goods and delivering the goods to the specified location. Automated Sortation System is similar to conveyors but typically having higher capacity and can divert containers more quickly. Typically used to distribute high volumes of small cartons to a large set of locations, automated sortation systems offer a highly accurate and efficient means of sorting, routing, consolidating, and diverting a wide range of parcel types to unique destinations for the purposes of order selection, processing, packaging, palletizing, storing, and shipping.
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 cartonized 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.
According to this study, over the next five years the Automated Sortation System market will register a 11.0% CAGR in terms of revenue, the global market size will reach US$ 280 million by 2024, from US$ 150 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automated Sortation System business, shared in Chapter 3.
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The key manufacturers covered in this report:
- SSI SCHAEFER
- KION Group (Dematic)
- Fives Intralogistics
- Murata Machinery
- TGW Group
- Mitsubishi Electric Corp
- Shanxi Oriental Material Handing
Segmentation by product type:
- Linear Sortation Systems
- Loop Sortation Systems
Segmentation by application:
- Retail and E-commerce
- Post and Parcel
- Food and Beverage
- Pharmaceutical and Medical
- Large Airport
This report also splits the market by region:
- United States
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- To study and analyze the global Automated Sortation System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Automated Sortation System market by identifying its various subsegments.
- Focuses on the key global Automated Sortation System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Automated Sortation System with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Automated Sortation System submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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