Future Market Insights, an ESOMAR certified market research firm in its latest report pegs the global market for automated sortation systems to surpass a valuation of US$ 14.35 Bn by the end of 2030.
Manufacturers are gradually expanding their logistics and warehousing operations in order to improve sorting and picking, as the precision and effectiveness of automated sortation systems is expected to boost KPIs. Automated sortation is boosting profit margins by a healthy 1% increase and shortening the overall order cycle time.
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With newer sortation systems having sortation rates close to 100%, operators within the automated sortation system market are increasing their reliability index through timely deliveries thus gaining an edge in the overall market. Better throughputs help stakeholders prepare well for capacity forecasts.
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 currently raging epidemic has severely hampered growth in the particularly hard-hit automotive and air cargo sectors. Pharmaceuticals, food, and drink, however, are thought to benefit. New drug formulations will be introduced to the market as a result of the production and delivery of food and beverages being seen as important services and the pharmaceutical industry seeing a rush of innovation.
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The paradigm change toward online-based shopping and purchasing of goods brought forth by social distancing norms has increased the growth prospects for the e-commerce sector. E-commerce is gaining substantial traction, assisting companies utilising automated sortation systems to expand since 60% of countries are under partial lockdown. On the plus side, Future Market Insights believes that the market will rebound over the course of the next 4-6 quarters. The market has openly embraced automation without the necessity for human labour despite the economic recession. This change has also resulted in improved resource efficiency and a variety of capital investments to reduce production overheads.
Automated Sortation System Market – Competitive Intelligence
Goods to the person are one of the most upcoming and advanced automated solutions 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 an increased inclination towards sortation systems. These companies are exclusively partnering with sortation system manufacturers for optimized sorting solutions at their warehouses. Inland constrained, emerging markets, many players are focusing on the integration of industrial and residential land uses. Vertical and flexible warehousing solutions is another trend players are capitalizing on.
To Know More About Automated Sortation System Market:
A new market research report published by Future Market Insights (FMI) on the global automated sortation system market report provides in-depth insights into the market demand trends and assessment of opportunities during the forecast period. The report analyses the automated sortation system market through four different segments- equipment type, component type, system type, sorting type, end-use, load capacity, throughput capacity and region. The automated sortation system report also offers a detailed analysis of pricing analysis by different product types and demand across the end-use industry.
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
- Drives & Power Units
- Conveyor Belts
- Rollers & Wheels
- Trays
- Scanners & Sensors
- Auxiliary Components
- Software
- Monitoring and Visual Inspections
- Control Systems
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)
Automated Sortation System Market by Region:
- North America Automated Sortation System Market
- Latin America Automated Sortation System Market
- Europe Automated Sortation System Market
- East Asia Automated Sortation System Market
- South Asia & Pacific Automated Sortation System Market
- Middle East & Africa (MEA) Automated Sortation System Market
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