DUBAI, U.A.E, July 20, 2020
DUBAI, U.A.E, July 20, 2020 /PRNewswire/ -- Future Market Insights' recently published automated sortation system market report concludes that the market shall surpass US$ 14 Bn by 2030.
As industrial operations become increasingly sophisticated, manufacturers are seeking to uplift their production capacities by incorporating automated sortation systems to up-scale warehousing and logistics by improving picking and sorting. Automated sortation systems helping garner faster returns on investments are steadily gaining traction.
Faster speeds provided by automated sortation systems are enabling manufacturers to offset costs and achieve higher delivery thresholds. Besides, these help in acquiring greater control of the order picking system, reduce energy consumption and reduce lead time from start to finish operations.
All these benefits are pointing the market in an upward growth direction across the forecast period.
"Production units are adopting automated sortation systems to avail cent percent in operations, increasing their reliability index by effecting timely deliveries and acquiring a competitive edge," concludes an FMI analyst.
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Key Takeaways from FMI's Automated Sortation System Report
Automated Sortation System Market- Key Trends
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Automated Sortation System Market- Region-wise Analysis
Automated Sortation System Market- Competitive Landscape
Prominent players in the automated sortation system market include Daifuku Co Ltd, Equinox, OKURA YUSOKI, Siemens AG, Interrol and Mitsubishi Electric Corporation to name a few. These players have extensively collaborated with e-commerce giants such as Amazon and Walmart to deepen their penetration across different geographies.
Additionally, these players focus on launching new products to avail a footing in this highly competitive market. An example of this is Mitsubishi Electric Corporation, which manufactures the CC-link compatible FR-A700 inverters which has many auto-tuning capabilities. Likewise, Siemens AG provides the SIMANTIC PCS web-based process control system which provides web-based efficiency for sorting operations.
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Automated Sortation System Market Taxonomy
To Know More About Automated Sortation System Market:
A new market research report published by Future Market Insights (FMI) on the global automated sortation system market report provides in-depth insights into the market demand trends and assessment of opportunities during the forecast period. The report analyses the automated sortation system market through four different segments- equipment type, component type, system type, sorting type, end-use, load capacity, throughput capacity and region. The automated sortation system report also offers detailed analysis of pricing analysis by different product type and demand across end-use industries.
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