The global Sortation Systems Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.3% during the review period (2022 to 2027)
sortation is the procedure of identifying items on a conveyor system and diverting them to specific destinations using a variety of devices controlled by task-specific software. They can also read any applicable labels or even apply new ones. These operations are incredibly vital to ensuring the packages get to their final destination, but arranging deliveries is the task that provides the most direct benefit to that end. Parcel sortation arranges the containers into the correct delivery areas to get them on their way to their final destination. Sortation can have a great effect on the efficiency of your fulfilment automation. Parcels come in a variety of shapes and sizes and need to be arranged accordingly. Conveyor systems and other mechanical procedures can help streamline your fulfilment automation and keep things moving. The main factors driving the growth of the parcel sortation systems market are continuous development in global ecommerce industry, the growing labor costs and industrial automation, and developments in technologies such as AI and robots for sorting operations. Widespread adoption of IoT technology is creating opportunities for the progress of the market. Government regulations imposed on automation technologies are acting as the main restraint for parcel sortation systems market. High variety in parcel sizes and volume is acting as a significant challenge for the growth of the market.
March 2021 - Interroll has added a system for a wide range of potential users to its successful range of automated sortation solutions with the launch of a new drop tray sorter, the Split Tray Sorter MT015S. The new product makes it easier for companies to enter the e-commerce market or be used flexibly to existing sortation solutions.
By Type, it is segmented into
By Applications it is segmented into
China accounted for extreme share in the sortation systems market due to high flow in parcel volume and increasing shipments. U.S. accounts for second largest market as the region has large number of local players. U.K. has witnessed high growth due to large number of courier and parcel deliveries in the region.
North America
The Sortation Systems Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Sortation Systems Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.3% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | comprise Equinox Mhe, GBI Intralogistics, Bastian Solutions, Okura Yusoki, Solystic, Beumer Group, Viastore, Intralox, Bowe Systec, Falcon Autotech, Dematic, Vanderlande, Pitney Bowes, Fives, OCM SRL, and others. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 92 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Sortation Systems Market is studied from 2017 - 2027.
What is the growth rate of Sortation Systems Market?
The Sortation Systems Market is growing at a CAGR of 7.3% over the next 5 years.
What regions does this Sortation Systems Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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