Automated Sortation System Trends and Forecast
The future of the global automated sortation system market looks promising with opportunities in the retail & e-commerce, food & beverages,transportation & logistic, and pharmaceutical markets. The global automated sortation system market is expected to reach an estimated $8.4 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are thegrowing demand for handling procedures and inventory reduction, providing just-in-time delivery services of inventories, and internet of things (IoT) usage is increasing, with high initial costs.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Automated Sortation System by Segment
The study includes a forecast for the global automated sortation system by type, end use industry, and region
Automated Sortation System Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Linear Sortation
• Loop Sortation
Automated Sortation System Market by End Use industry [Shipment Analysis by Value from 2018 to 2030]:
• Retail & E-commerce
• Food & Beverages
• Transportation & Logistics
• Pharmaceutical
Automated Sortation System Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Automated Sortation System Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automated sortation system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automated sortation system companies profiled in this report include-
• Bastian Solutions
• Beumer
• Daifuku
• Dematic
• Honeywell Intelligrated
• Interroll
• Knapp
Automated Sortation System Market Insights
Lucintel forecast that linear sortation is expected to witness highest growth over the forecast period.
Within this market, retail and e-commerce will remain the largest segment due to quantity of things bought online has increased as a result of the rising number of internet users and the convenience of online shopping.
Europe is expected to witness highest growth over the forecast period due to growing need for logistics and transportation services.
Features of the Global Automated Sortation System Market
Market Size Estimates: Automated sortation system market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Automated sortation system market size by type, end use industry, and region in terms of value ($B).
Regional Analysis: Automated sortation system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, end use industry, and regions for the automated sortation system market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automated sortation system market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the automated sortation system market size?
Answer: The global automated sortation system market is expected to reach an estimated $8.4 billion by 2030.
Q.2 What is the growth forecast for automated sortation system market?
Answer: The global automated sortation system market is expected to grow with a cagr of 5.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the automated sortation system market?
Answer: The major drivers for this market are thegrowing demand for handling procedures and inventory reduction, providing just-in-time delivery services of inventories, and internet of things (IoT) usage is increasing, with high initial costs.
Q4. What are the major segments for automated sortation system market?
Answer: The future of the automated sortation system market looks promising with opportunities in the retail & e-commerce, food & beverages,transportation & logistic, and pharmaceutical markets.
Q5. Who are the key automated sortation system market companies?
Answer: Some of the key automated sortation system companies are as follows:
• Bastian Solutions
• Beumer
• Daifuku
• Dematic
• Honeywell Intelligrated
• Interroll
• KNAPP
Q6. Which automated sortation system market segment will be the largest in future?
Answer: Lucintel forecast that linear sortation is expected to witness highest growth over the forecast period.
Q7. In automated sortation system market, which region is expected to be the largest in next 5 years?
Answer: EEurope is expected to witness highest growth over the forecast period due to growing need for logistics and transportation services.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automated sortation system market by type (linear sortation and loop sortation), end use industry (retail & e-commerce, food & beverages, transportation & logistics, and pharmaceutical), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Automated Sortation System Market, Automated Sortation System Market Size, Automated Sortation System Market Growth, Automated Sortation System Market Analysis, Automated Sortation System Market Report, Automated Sortation System Market Share, Automated Sortation System Market Trends, Automated Sortation System Market Forecast, Automated Sortation System Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.