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Sortation Systems Market | Exclusive Report on the Latest Trends and Opportunities in the Market – TMR

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Sortation Systems Market | Exclusive Report on the Latest Trends and Opportunities in the Market – TMR

November 08
13:00 2021
Sortation Systems Market | Exclusive Report on the Latest Trends and Opportunities in the Market - TMR
Sortation Systems Market
Sortation Systems Market is estimated to expand at a CAGR of ~5% during the forecast period, the growing e-Commerce industry has transformed the process of order fulfilment and sortation, which is projected to drive the growth of the sortation systems market.

Transparency Market Research delivers key insights on the sortation systems market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2019–2027. In terms of revenue, the global sortation systems market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors, about which, TMR offers thorough insights and forecast in this report.

Sortation Systems Market: An Overview

Sortation systems are used to sort or consolidate packages as per requirements of the distribution sector. The usage of sortation systems aids in achieving improved efficiency of order fulfilment processes. Furthermore, owing to a surge in the number of e-Commerce orders, the sales of sortation systems are likely to increase. Warehousing companies are aiming to transform their simple storage space into multi-functional facilities. To achieve this, these companies are automating picking, sorting, and other such processes. These emerging trends are likely to influence the sales of sortation systems positively, and expand the market 1.6X of its current value by the end of the forecast period.

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North America to Remain Largest Consumer of Sortation Systems

As per TMR analysis, North America accounts for nearly 35% of the global sortation systems market, and is projected to continue its prominence throughout 2027. The U.S. accounts for ~90% of the North American market. However, the market Canada is expected to expand at a CAGR of 5.5% during the forecast period. This growth is expected to result from the implementation of automation and smart warehousing solutions for warehouse operations in the region.

Developed countries of Western Europe account for ~70% of the European sortation systems market. The Netherlands, Germany, and Italy house some key manufacturers of sortation systems. However, Poland and Russia are anticipated to witness significant growth, and represent a cumulative incremental opportunity of ~US$ 23 Mn by 2023. High-speed cross-belt sortation systems are likely to remain prominent throughout the forecast period, as European consumers demand sophisticated solutions, with high weight capacity as well.

Growth Opportunities for Sorter Manufacturers in Asia Pacific

Geographically, the Asia Pacific region accounts for ~23% of the sortation systems market share, and is projected to witness significant growth in the years to come. This can be primarily attributed to the booming e-Commerce market in the region. High number of orders and short delivery timelines have created a burgeoning need for efficient sortation systems. Thus, the Asia Pacific sortation systems market is projected to represent an incremental opportunity of ~US$ 95 Mn by 2023. Falcon Autotech Private Limited, GreyOrange Pte Ltd., Okura Yusoki Co., Ltd., and Nido Machineries Pvt. Ltd. are some regional players who are providing innovative solutions for mid-budget companies that are not willing to make high investments on sortation systems.

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Sortation Systems Market: Competition Landscape

In the global market report for sortation systems, the competition landscape is discussed in detail. Key players profiled in the sortation systems market are Dematic Group, Daifuku Co., Ltd., Interroll Holding AG, Vanderlande Industries BV, BEUMER Group GmbH & Co. KG, Knapp AG, Fives Intralogistics, Bastian Solutions, Inc., Honeywell Intelligrated Inc., Murata Machinery, Ltd., GreyOrange Pte Ltd., Okura Yusoki Co., Ltd., TGW Logistics Group GmbH, Mantissa Corporation, Alstef Automation S.A., Falcon Autotech Private Limited, EuroSort Systems BV, Optimus Sorter Technology BV, Nido Machineries Pvt. Ltd., Central Conveyor Company, and others.

According to TMR analysis, Daifuku Co. Ltd., Vanderlande Industries BV, BEUMER Group GmbH & Co. KG, Honeywell Intelligrated Inc., TGW Logistics Group GmbH, and Murata Machinery, Ltd. are leading players operating in the global sortation systems market. However, several players in Asia are emerging as prominent regional players, namely GreyOrange Pte Ltd., Okura Yusoki Co., Ltd. Nido Machineries Pvt. Ltd., etc. These regional players are anticipated to shape the dynamics of the sortation systems market by offering these systems at competitive prices.

End Users Inclined toward Highly Flexible and Efficient Automated Sortation Systems

Sortation systems play an imperative role in improving the order fulfillment and material handling capabilities of logistic service providers. Owing to significant advancements in technology, different types of sorting systems such as tilt-trays, cross-belts, narrow-belts, and sliding-shoes, among others, are available. However, with a collective market share of ~61% in 2019, tilt-tray and cross-belt systems are expected to remain the most sought-after sorters over the forecast period (2019-2027).

Tilt trays have gained significant popularity across the food & beverage and e-Commerce sectors, as they provide highly secure automated sorting. Further, the design of a tilt tray is relatively simple, and does not involve a lot of moving elements. Owing to these benefits and high return on investments provided by tilt trays, this segment is set to grow at a CAGR of ~5% during the assessment period. Despite the growing adoption of tilt-trays, cross-belt sorters are set to dominate the sortation systems market, as they are capable of handling different types of products, have the best sorting rate, and produce low noise levels. However, due to steep initial investments required to install tilt trays and cross-belt sorters, small- to medium-sized businesses are leaning toward economical alternatives such as narrow-belt sortation systems.

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Sortation Systems Market – Shaping the Course of e-Commerce

At present, state-of-the-art sortation systems influence nearly all operations in e-Commerce warehouse. Furthermore, heavily driven by advancements in technology, sortation systems have opened the gates to cost-effective and highly streamlined fulfillment operations. Sorters are experiencing consistent waves of innovation to enable them to serve the evolving requirements and operations of the e-Commerce sector. Two notable advances in the sortation systems market that are likely to influence order fulfillment operations of the future include improved capabilities in handling polybag packaging and consolidation of automated goods-to-person systems and sortation systems.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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