Logistics Industry Automatic Sorting Solution Market Report：the global market size is projected to grow from USD 6.8 billion in 2023 to USD 11.2 billion by 2030

According to the new market research report "Logistics Industry Automatic Sorting Solution - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Logistics Industry Automatic Sorting Solution market size is projected to grow from USD 6.8 billion in 2023 to USD 11.2 billion by 2030, at a CAGR of 7.5% during the forecast period.

Sortation in warehouse automation refers to the process of identifying items on a conveyor belt or other transport mechanism and diverting them to different destinations within a warehouse based on predefined criteria. It is an integral part of the order fulfillment process, allowing for the quick and accurate distribution of items for shipping, order assembly, or storage. The sortation process can be tailored to the specific needs of a facility, sorting items by various characteristics such as size, weight, destination, or other relevant factors. A sortation system in a warehouse is a combination of integrated equipment and software that organizes and routes items to their proper destinations after they have been picked and are ready for packing or shipping. Key components of a sortation system include:

Induction points: Where items enter the sortation system.

Identification stations: Where items are identified using barcode or RFID scanners, and information is fed into a control system.

Conveyor belts: Transport items through the sortation process.

Diverters: Physically redirect items off the conveyor to their destination (e.g., chutes, containers, or other conveyors).

Control software: Determines the correct path for an item based on scanned information and programmed logic.

• Global Logistics Industry Automatic Sorting Solution MarketSize(US$ Million), 2019-2030

 

Source: QYResearch, "Logistics Industry Automatic Sorting Solution - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

 

• Global Logistics Industry Automatic Sorting Solution Top14Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)

 

Source: QYResearch, "Logistics Industry Automatic Sorting Solution - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

This report profiles key players of Logistics Industry Automatic Sorting Solution such as Honeywell, Siemens, Daifuku.

In 2023, the global top five Logistics Industry Automatic Sorting Solution players account for 45.6% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Logistics Industry Automatic Sorting Solution.

 

 

Market Drivers:

The increasing demand for faster and more accurate sorting of parcels and packages in the post and parcel industry. The advancement of technology and innovation in the field of automation, such as artificial intelligence, machine learning, robotics, and Internet of Things. These technologies enable the development of more intelligent, flexible, and adaptable sorting solutions that can handle various types of products and materials. For instance, BPS Global Group, a leading provider of logistics automation solutions, offers a smart sorting system that uses AI algorithms to identify the optimal sorting route for each item based on its size, weight, shape, destination, and priority.

The growing awareness of environmental sustainability and social responsibility in the logistics industry. Automated sorting solutions can help reduce energy consumption, carbon footprint, waste generation, and noise pollution in the logistics operations. They can also improve worker safety and health by reducing the exposure to hazardous substances, extreme temperatures, heavy products, and repetitive tasks. Automated sorting systems can remove human error and many associated risks to save money and improve workplace safety.

 

Restraint:

Competitive dynamics in e-commerce: E-commerce companies operate in a highly competitive environment, making investment decisions complex.

Uncertainty about winning technologies: Choosing the right automation technology can be challenging due to rapid advancements and varying options.

Supply chain complexities: Omnichannel distribution schemes introduce uncertainties in logistics operations.

Contract length asymmetry: Automation equipment has longer lifetimes than contracts with shippers, leading to investment hesitations.

 

Opportunity:

Continued growth in e-commerce: As online shopping continues to expand, logistics companies will seek innovative solutions to meet customer demands.

Advancements in AI and robotics: Further developments in machine learning, computer vision, and robotics will drive more efficient and accurate sorting systems.

Global warehouse automation market growth: Investment in warehouse automation is projected to increase, creating opportunities for logistics companies.

 

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