Sortation Systems Market Share, Size, Industry Growth Rate, Development Status and Regional Trends Forecast to 2019-2024

Sortation Systems

The “Sortation Systems Market” report 2019 delivers up-to-date information about market changes and prospective threats, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. Moreover, it focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

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Market Overview:

  • The Global Sortation Systems market registered a value of USD 4769.7 million in 2018, and is expected to reach USD 6239.3 million, witnessing a CAGR of 4.47% over the forecast period (2019-2024). With the rapid growth in stock keeping units (SKUs), wholesalers and distributors are finding it hard to make informed decisions about their operations. This drives the need for the smarter use of labor, equipment, and technology.
  • – The main factors driving the need for automated material handling systems are cost savings, labor efficiency, and space constraints.
  • – In the current competitive landscape, there is an ever-increasing number of available products and demand for more frequent and smaller deliveries. Automating distribution operations can immediately increase an organization’s order accuracy anywhere from half a percent up to several percentage points.
  • – According to the 2017 Annual Industry Report produced by MHI, 63% of supply chain professionals revealed that hiring and retaining a skilled workforce continues to be the biggest obstacle faced by their businesses. Since millennials are known for placing high importance on the quality of time-off and the ability to work on top-notch automated projects, automated warehouses are being marked as a lucrative source of employment, as well as advanced learnings.

    Top Key Players of Sortation Systems Market Are:

  • Daifuku Co Ltd.
  • Interroll Holding AG
  • Dematic Corp.
  • Viastore Systems Gmbh
  • Bastian Solutions Inc.
  • Murata Machinery Ltd.
  • Honeywell Intelligrated
  • Beumer Group Gmbh
  • KNAPP AG
  • Vanderlande Industries Nederland BV
  • Siemens AG

    Reasons to buy:

    • In-depth analysis of the market on the global and regional level.
    • Major changes in market dynamics and competitive landscape.
    • Segmentation on the basis of type, application, geography and others.
    • Historical and future market research in terms of size, share, growth, volume & sales.
    • Major changes and assessment in market dynamics & developments.
    • Industry size & share analysis with industry growth and trends.
    • Emerging key segments and regions
    • Key business strategies by major market players and their key methods.
    • The research report covers size, share, trends and growth analysis of the Sortation Systems Market on the global and regional level.

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    Scope of the Report:

  • A Sortation system(hardware) merges, identifies, inducts, separates and conveys products to specific destinations. Conveyors and sortation systems allow for more efficient retail, wholesale, and manufacturing distribution and are used across industries such as post & parcel, airport, food & beverages, retail, pharmaceuticals. These end-user applications have been considered to arrive at the market estimates. Country level analysis for each of these end user industries has been covered in the report.

    Sortation Systems market covers the outlook for overall market status, size and share. The report provides complete coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Sortation Systems market report also presents the market competition landscape and a corresponding detailed analysis of the major vendor in the market. 

    Key Market Trends:

    Increasing Demand for improving Order Accuracy and SKU Proliferation

    – Automating warehouse and order fulfillment operations has turned out to be the primary strategy to ensure the realization of supply chain productivity and fiscal goals while maximizing customer service levels in North America.•Automating warehouse and order fulfillment operations has turned out to be the primary strategy to ensure the realization of supply chain productivity and fiscal goals while maximizing customer service levels in North America.
    – By automating distribution operations, organizations

    Sortation Systems Market Report contents include:

    – Analysis of the Sortation Systems market including revenues, future growth, market outlook

    – Historical data and forecast

    – Regional analysis including growth estimates

    – Analyzes the end user markets including growth estimates.

    – Profiles on Sortation Systems including products, sales/revenues, and market position

    – Market structure, market drivers and restraints.

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    Detailed TOC of Sortation Systems Market Report Are:

    1 INTRODUCTION
    1.1 Key Study Deliverables
    1.2 Scope of the Market
    1.3 Study Assumptions

    2 RESEARCH METHODOLOGY
    2.1 Analysis Methodology
    2.2 Research Phases

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Demand for Improving Order Accuracy and SKU Proliferation
    4.3 Market Challenges
    4.3.1 Need for Skilled Workforce
    4.4 Industry Attractiveness – Porter’s Five Force Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry
    4.5 Industry Value Chain Analysis

    5 MARKET SEGMENTATION
    5.1 Geography
    5.1.1 North America
    5.1.1.1 US
    5.1.1.1.1 Post and Parcel
    5.1.1.1.2 Airport
    5.1.1.1.3 Food and Beverages
    5.1.1.1.4 Retail
    5.1.1.1.5 Pharmaceuticals (**similar end-user segment coverage is provided for all countries in the scope)
    5.1.1.2 Canada
    5.1.2 Europe
    5.1.2.1 UK
    5.1.2.2 France
    5.1.2.3 Italy
    5.1.2.4 Germany
    5.1.2.5 Netherlands
    5.1.2.6 Spain
    5.1.2.7 Turkey
    5.1.2.8 Switzerland
    5.1.2.9 Poland
    5.1.2.10 Russia
    5.1.3 Asia Pacific
    5.1.3.1 China
    5.1.3.2 Japan
    5.1.3.3 Indonesia
    5.1.3.4 India
    5.1.3.5 Australia
    5.1.3.6 Thailand
    5.1.3.7 South Korea
    5.1.3.8 Singapore
    5.1.3.9 Malaysia
    5.1.3.10 Taiwan
    5.1.4 Latin America
    5.1.4.1 Brazil
    5.1.4.2 Argentina
    5.1.4.3 Mexico
    5.1.4.4 Colombia
    5.1.4.5 Peru
    5.1.4.6 Chile
    5.1.5 Middle East and Africa
    5.1.5.1 South Africa
    5.1.5.2 Israel
    5.1.5.3 Saudi Arabia

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Daifuku Co Ltd.
    6.1.2 Interroll Holding AG
    6.1.3 Dematic Corp.
    6.1.4 Viastore Systems Gmbh
    6.1.5 Bastian Solutions Inc.
    6.1.6 Murata Machinery Ltd.
    6.1.7 Honeywell Intelligrated
    6.1.8 Beumer Group Gmbh
    6.1.9 KNAPP AG
    6.1.10 Vanderlande Industries Nederland BV
    6.1.11 Siemens AG

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Investment Analysis
    7.2 Future of the Market

     

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