What is Sorting Systems Market?
Sortation systems are systems designed to perform sortation of the products such as goods, luggage, mail etc. according to their destinations. A common type of sortation system used is a conveyor-based system. These systems are used for different applications depending upon the product and the requested rate.
The market study is being classified by Type (Cross belt sorter, Paddle sorter, Pop-up transfer sorter, Pusher or puller sorter, Parcel Singulator and Others), by Application (Logistics, Airports, Pharmaceuticals, Food & Beverages and Others) and major geographies with country level break-up.
ULMA Handling Systems (Spain), Viscon Group (Netherlands), Daifuku Co., Ltd. (Japan), Valvan Baling Systems (Belgium), Machinex (Canada), Tsubaki Group (Japan), Equinox MHE BV (Netherlands), Beumer Group A/S (Denmark), Dimark S.A. (Poland) and Glidepath Group (New Zealand) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Sesotec (Germany).
Research Analyst at AMA predicts that Global Manufacturers will contribute to the maximum growth of Global Sorting Systems market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Sorting Systems market by Type, Application and Region.
On the basis of geography, the market of Sorting Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Automation in the Industries
- Rise in the Labor Cost
- Growth in the E-Commerce Industry
Market Trend
- High Demand for Sorting System with Advanced Features
Restraints
- Fluctuations in the Raw Material Cost
- High Deployment and Maintenance Cost
Opportunities
- Growing Demand from End-User Industry
- Growing Pharmaceutical and Food Industry
Challenges
- Technical Issues Related With Sorting System
Key Target Audience
Sorting Systems Providers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user