Sortation System Market
Global Sortation System Market Size, Share & Trends Analysis Report by Type (Linear Systems and Loop Systems), By Product Type (Cross-Belts Sorter, Tilt-Trays Sorter, Sliding-Shoes Sorter, Narrow-Belts Sorter, and Other Sorters), By Application (Food & Beverage, Healthcare, Retail & E-commerce, and Others) Forecast, 2020-2026
The global sortation system market is projected to grow at a significant CAGR during the forecast period. Sortation system aids in identifying, separating, and conveying products to specific destinations, and are used across various industries such as food & beverage, pharmaceutical & medical devices, retail & e-commerce, and others. The primary factor that drives the growth of the market includes the rapid adoption of sorters across every industry along with the technological advancement in the systems, that is, automated sorting systems. The automated sorting system in manufacturing industries is used instead of a manual sorting system as it is more reliable, cost-effective, and efficient. Manual sorting relies on plant personnel who visually identify and pick as the item or product travel along the conveyor belt. Thus, this is also projected to support the growth of the market during the forecast period.
Further, the expansion of industries along with the trends of automation is also likely to fuel the market growth during the forecast period. Additionally, the shift of the consumers towards the highly flexible and efficient automated sortation systems also supports market growth. However, higher manufacturing costs, large space requirements along with the installation costs associated with the sortation systems are some of the factors that hamper the overall growth of the market.
Segmental Outlook
The global sortation system market is segmented on the basis of type, product type, and application. Based on the type, the market is bifurcated into linear systems and loop systems. Based on the product type, the market is segmented into the cross-belts sorter, tilt-trays sorter, sliding-shoes sorter, narrow-belts sorter, and others such as paddle sorter, pop-up transfer sorter, pusher or puller sorter, and line sorter. Whereas, based on the applications, the market is segmented into food & beverage, healthcare, retail, e-commerce & logistics, airports, and others.
Retail & e-commerce to Hold Significant Market Share
Amongst the application, the retail & e-commerce segment is projected to hold the most significant share in the market during the forecast period. The segmental growth is attributed to the rising retail & e-commerce industry. The expansion in the e-commerce industry, technological advances in retail & e-commerce, and the rising number of new players in e-commerce are some of the crucial factors contributing to the segmental growth of the market.
The retail & e-commerce sector has been experiencing potential growth across the globe owing to rapid urbanization and rising internet penetration, which is positively influencing the market. As per the United Nations Conference on Trade and Development (UNCTAD) in 2017, the global e-commerce sales grew 13%, hitting an estimated $29 trillion. Apart from a large number of internet buyers bought products from domestic vendors, the share of consumers buying products from abroad increased from 15% in 2015 to 21% in 2017. Thus, this is likely to support the segmental growth of the market.
Regional Outlook
The global sortation system market is geographically segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is estimated to grow significantly during the forecast period. The regional growth of the market is attributed to the presence of key manufacturers and the adoption of the latest technologies in the region. Further, Asia-Pacific is likely to be the significantly growing region owing to the recovery in trade growth along with the expansion of e-commerce and logistics sector in the emerging countries of the region. Moreover, Europe also contributes to market growth owing to the rapid adoption of technologies such as IIoT.
Global Sortation System Market, by Region 2019 (%)
Market Players Outlook
Some of the prominent players operating in the global sortation system market include Daifuku Co. Ltd, Interroll Holding AG, Murata Machinery Ltd., KUKA AG, Kion Group AG, BEUMER Group GmbH & Co. KG, Honeywell International Inc., Fritz Schafer GmbH, and Siemens AG. These are the key companies adopting several organic and inorganic growth strategies such as product launches & developments, partnerships, agreements, and acquisitions to strengthen their product portfolios and maintain a competitive position in the global sortation system market.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global sortation system market. Based on the availability of data, information related to products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. Daifuku Co. Ltd.
3.2.1.1. Overview
3.2.1.2. Financial Analysis
3.2.1.3. SWOT Analysis
3.2.1.4. Recent Developments
3.2.2. Kion Group AG
3.2.2.1. Overview
3.2.2.2. Financial Analysis
3.2.2.3. SWOT Analysis
3.2.2.4. Recent Developments
3.2.3. Murata Machinery Ltd.
3.2.3.1. Overview
3.2.3.2. Financial Analysis
3.2.3.3. SWOT Analysis
3.2.3.4. Recent Developments
3.2.4. Interroll Holding AG
3.2.4.1. Overview
3.2.4.2. Financial Analysis
3.2.4.3. SWOT Analysis
3.2.4.4. Recent Developments
3.2.5. KUKA AG
3.2.5.1. Overview
3.2.5.2. Financial Analysis
3.2.5.3. SWOT Analysis
3.2.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Sortation System Market by Type
5.1.1. Linear Systems
5.1.2. Loop Systems
5.2. Global Sortation System Market by Product Type
5.2.1. Cross-Belts Sorter
5.2.2. Tilt-Trays Sorter
5.2.3. Sliding-Shoes Sorter
5.2.4. Narrow-Belts Sorter
5.2.5. Others
5.3. Global Sortation System Market by Application
5.3.1. Food & Beverage
5.3.2. Healthcare
5.3.3. Retail, e-Commerce & Logistics
5.3.4. Airports
5.3.5. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Bastian Solutions Inc.
7.2. Beumer Group GmbH & Co. KG
7.3. Daifuku Co. Ltd.
7.4. Equinox Global Services B.V.
7.5. Fives Group
7.6. Honeywell International Inc.
7.7. Interroll Holding AG
7.8. Itoh Denki USA Inc.
7.9. KION Group
7.10. KNAPP AG
7.11. Kuecker Logistics Group
7.12. Mitsubishi Electric Corp.
7.13. Murata Machinery Ltd.
7.14. OKURA YUSOKI Co., Ltd.
7.15. Shanxi Oriental Material Handling Co. Ltd.
7.16. Siemens AG
7.17. Fritz Schafer GmbH
7.18. TGW Group
7.19. Vanderlande Industries BV
7.20. Viastore Systems GmbH
1. GLOBAL SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
2. GLOBAL LINEAR SORTATION SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL LOOP SORTATION SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
5. GLOBAL CROSS-BELTS SORTER MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL TILT-TRAYS SORTER MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL SLIDING-SHOES SORTER MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL NARROW-BELTS SORTER MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL OTHER SORTER MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. GLOBAL SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
11. GLOBAL SORTATION SYSTEM FOR FOOD & BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL SORTATION SYSTEM FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. GLOBAL SORTATION SYSTEM FOR RETAIL, E-COMMERCE & LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
14. GLOBAL SORTATION SYSTEM FOR AIRPORTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
15. GLOBAL SORTATION SYSTEM FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
16. GLOBAL SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
17. NORTH AMERICAN SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
18. NORTH AMERICAN SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
19. NORTH AMERICAN SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
20. NORTH AMERICAN SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
21. EUROPEAN SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
22. EUROPEAN SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
23. EUROPEAN SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
24. EUROPEAN SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
25. ASIA-PACIFIC SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
26. ASIA-PACIFIC SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
27. ASIA-PACIFIC SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
28. ASIA-PACIFIC SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
29. REST OF THE WORLD SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
30. REST OF THE WORLD SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
31. REST OF THE WORLD SORTATION SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
1. GLOBAL SORTATION SYSTEM MARKET SHARE BY TYPE, 2019 VS 2026 (%)
2. GLOBAL SORTATION SYSTEM MARKET SHARE BY PRODUCT TYPE, 2019 VS 2026 (%)
3. GLOBAL SORTATION SYSTEM MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
4. GLOBAL SORTATION SYSTEM MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
5. US SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
7. UK SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
8. FRANCE SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
9. GERMANY SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
10. ITALY SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
11. SPAIN SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
12. ROE SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
13. INDIA SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
14. CHINA SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
15. JAPAN SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF ASIA-PACIFIC SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
17. REST OF THE WORLD SORTATION SYSTEM MARKET SIZE, 2019-2026 ($ MILLION)
