Global Conveyor Sorting Systems Market (2018-2022) to Grow at a CAGR of 7.12% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 9, 2018--The “Global Conveyor Sorting Systems Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.
The global conveyor sorting systems market to grow at a CAGR of 7.12% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Third party logistics companies dealing with cold chain logistics are increasingly investing in conveyor sorting systems to optimize their logistics supply chain, reduce energy costs and achieve operational excellence. These systems also minimize cooling losses during sorting process, thereby having a positive impact on the environment. Thus, the increasing efforts to improve cold chains will be a key trend driving the conveyor sorting systems market.
According to the report, one of the major drivers for this market is the several advantages of conveyor sorting systems. Some of the benefits of these systems include improvement in ergonomics, and process flow, enhanced safety, and speed to accommodate slow and peak demand. These advantages will lead to increased adoption of conveyor sorting systems in applications such as inbound container unloading, and retail outlets distribution, thereby boosting market growth.
Further, the report states that one of the major factors hindering the growth of this market is the high cost of implementation of conveyor sorting systems. Since these systems use sensors, software, and advanced technologies, the initial one-time payment is quite high. This is preventing SMEs to invest in conveyor sorting systems, which in turn is hampering the growth of the market.
Market TrendsIncrease in Efforts to Improve Cold Chains Technological Advances Growth of E-Commerce Sector
Key VendorsBeumer Group Daifuku DMW&H Honeywell KION Group Toyota Industries
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Customer Landscape
8. Market Segmentation by End-User
9. Segmentation by Solutions
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/jl5x73/global_conveyor?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181009005832/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 10/09/2018 11:13 AM/DISC: 10/09/2018 11:13 AM