The global Automated Sortation System market was valued at USD 2.9 Billion in 2022 and it is anticipated to grow up to USD 4.6 Billion by 2032, at a CAGR of 4.9% during the forecast period.
An automated sortation system is a material handling system that uses sorting technology to automatically sort items or products according to predetermined criteria. Sortation systems are used in a variety of industries and applications, including package handling, order fulfilment, and manufacturing. Automated sortation systems typically consist of a series of conveyors, sorting devices, and control systems. The conveyors transport items to be sorted to the sorting devices, which can include chutes, gates, or other mechanisms. The control system directs the flow of items to the appropriate sorting device based on the predetermined criteria.
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Market Trends and Drivers
The increasing adoption of Internet of Things (IoT) technology is driving market growth in the forecast period. Companies in the market are concentrating on leveraging this technology to improve their product offerings and fulfill the diverse sorting needs of end-users. Sortation holds significant importance for pharmaceutical companies, where wastage issues arise due to products being sorted outside their required storage temperature for extended periods, rendering them unusable. To address this challenge, industry players are employing IoT connectivity to enable high-speed sortation and enhance product visibility by tracking their location effectively. Additionally, increased investments in warehouse automation across various sectors. A notable example is Coca-Cola European Partners, which, in June 2017, committed a substantial investment of USD 49.6 million to enhance its factory in the U.K. with an automated warehouse. This investment aims to expand storage capacity and deploy advanced systems capable of efficiently handling around 25,000 pallets. Furthermore, the adoption of pouch/pocket sorters in the clothing and apparel industries is expected to further fuel market expansion during the forecast period.
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Major Players in the Global Automated Sortation System Market
The overall competitive rivalry remains moderately high in the market studied. The growing presence of big players in the industry is expected to intensify competitive rivalry during the forecast period. The global automated sortation system market report includes players Toyota Industries Corporation, Beumer Group, Fives, Intralox, Siemens AG, Daifuku Co., Ltd., KION Group (Dematic), SSI SCHAEFER Group, Murata Machinery Ltd. and Knapp AG, among others.
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