[English Market Research Report] Global Market for Sorting Systems
Product ID: 1473918 Publisher: SkyQuest
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The global sorting system market size was valued at 5.79 billion USD in 2022 and is expected to grow from 6.05 billion USD in 2023 to 8.06 billion USD by 2031, with a CAGR of 4.50% during the forecast period (2024-2031). The utilization of diverse tools in sorting includes the management of task-specific software to identify items on conveyor systems and guide them to designated locations, including reading and applying labels as needed. All these functions are essential to ensure that products arrive at their destinations, while scheduling deliveries directly contributes to this goal by placing containers in the appropriate shipping zones. Sorting significantly enhances the effectiveness of consumer fulfillment automation and requires proper organization as it is offered in various sizes and configurations. The growth of the sorting system market is driven by the expansion of the global e-commerce sector, rising labor costs, industrial automation, and technological advancements such as AI and robotics.
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Publication Date: April 26, 2024 Publisher: SkyQuest Page Information: English 197 Pages Table of Contents Executive Summary Research Methodology Analysis of the Parent Market Key Market Insights Market Dynamics and Outlook Global Market for Sorting Systems: By Type Global Market for Sorting Systems: By Component Global Market for Sorting Systems: By Application Global Market Size for Sorting Systems: By Region Competitive Landscape Company Profiles of Key Players *The table of contents and prices for this report are as of the time of publication. Please contact us for the latest information.*
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