Market Overview:
The Global Cross Belt Sorting System Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automated sorting systems in various industries such as logistics, e-commerce, airport, pharmaceutical and medical, food and beverage, and others. Additionally, the growing adoption of cross belt sorters in developing countries is also contributing to the market growth. However, high installation and maintenance costs are restraining the market growth. Based on type, horizontal cross belt sorters accounted for a larger share of the global cross belt sorting system market in 2017. This segment is expected to grow at a CAGR of 5% during the forecast period from 2018 to 2030 due to its ability to handle large volumes of material quickly and accurately.
Product Definition:
A cross belt sorting system is a type of material handling system that uses a series of belts to move objects from one location to another. The importance of cross belt sorting systems is that they can quickly and efficiently move objects from one location to another, which can speed up the manufacturing process.
Horizontal Cross Belt Sorter:
Horizontal cross belt sorter is a device used to sort materials based on their characteristics. It is mainly used in the production of automobiles and food products. The system consists of several belts, which are horizontal and parallel to each other. These belts have different load cells attached to them, which can measure weight or any other variable for that matter.
Vertical Cross Belt Sorter:
Vertical cross belt sorter is used in cross belt sorting system to separate different materials and transport them to their destination. Vertical crossbelt sorter consists of several vertical conveyor belts that are mounted on a frame, which is also known as the head assembly. The head assembly is generally mounted on a single shaft so that it can be turned by any means including hydraulic or electric motors.
Application Insights:
The logistics application segment led the global cross belt sorter market in 2017. The growth can be attributed to the increasing demand for efficient and effective sorting solutions that can meet the requirements of a complex environment with various types of terrain, weather, and traffic conditions. Furthermore, an increase in e-commerce activities has increased the need for cost-effective solutions that do not eat into capital investments quickly. As a result, cross belt sorters have become popular choices among logistic companies as they offer high capacity at low costs.
The pharmaceutical and medical application segment is expected to witness significant growth over the forecast period owing to stringent regulatory norms regarding hygiene levels at hospitals and healthcare centers across countries such as India China Germany Russia France U.K., etc.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 owing to the presence of key industry participants and growing e-commerce sector. The region is expected to maintain its dominance over the forecast period, with China at the forefront. The country accounted for more than 30% of global cross belt sortation system production in 2017 and is estimated to grow at a CAGR of XX% from 2018 to 2030.
North America also had a significant share due to high logistics costs associated with moving goods by sea, air, or land routes as well as expensive equipment required for these processes. Moreover, rising demand for automation across various industries including healthcare and food & beverage has led North America market growth over the past few years; however, it is anticipated that this trend will come to an end within next eight years due increasing adoption rate of cloud technology across all major industries including manufacturing and logistics services which would lead towards reducing operational costs resulting into higher profit margins hence driving regional growth further over the forecast period.
Growth Factors:
- Increasing demand for fast and accurate sorting of goods
- Rising need to improve operational efficiency and productivity in material handling systems
- Growing popularity of automated systems over manual labor-based solutions
- Proliferation of Cross Belt Sorting Systems in e-commerce and retail sectors
- Rising awareness about the benefits of using such systems among small and medium businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Cross Belt Sorting System Market Research Report
By Type
Horizontal Cross Belt Sorter, Vertical Cross Belt Sorter
By Application
Logistics, E-commerce, Airport, Pharmaceutical and Medical, Food and Beverage, Others
By Companies
Vanderlande, Honeywell Intelligrated, Siemens, Beumer, Interroll, Fives Group, Dematic, Bastian Solutions, Muratec, Okura, Invata Intralogisitcs, GIEICOM, Shanxi Oriental Material, Better Convey Automatic Equipment
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Cross Belt Sorting System Market Report Segments:
The global Cross Belt Sorting System market is segmented on the basis of:
Types
Horizontal Cross Belt Sorter, Vertical Cross Belt Sorter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Logistics, E-commerce, Airport, Pharmaceutical and Medical, Food and Beverage, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vanderlande
- Honeywell Intelligrated
- Siemens
- Beumer
- Interroll
- Fives Group
- Dematic
- Bastian Solutions
- Muratec
- Okura
- Invata Intralogisitcs
- GIEICOM
- Shanxi Oriental Material
- Better Convey Automatic Equipment
Highlights of The Cross Belt Sorting System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Horizontal Cross Belt Sorter
- Vertical Cross Belt Sorter
- By Application:
- Logistics
- E-commerce
- Airport
- Pharmaceutical and Medical
- Food and Beverage
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cross Belt Sorting System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cross belt sorting system is a type of automated sorting machine that uses two belts to move items between two storage areas. The first belt moves the larger items towards the front of the machine, and the second belt moves the smaller items towards the back.
Some of the key players operating in the cross belt sorting system market are Vanderlande, Honeywell Intelligrated, Siemens, Beumer, Interroll, Fives Group, Dematic, Bastian Solutions, Muratec, Okura, Invata Intralogisitcs, GIEICOM, Shanxi Oriental Material, Better Convey Automatic Equipment.
The cross belt sorting system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cross Belt Sorting System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cross Belt Sorting System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cross Belt Sorting System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cross Belt Sorting System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cross Belt Sorting System Market Size & Forecast, 2018-2028
4.5.1 Cross Belt Sorting System Market Size and Y-o-Y Growth
4.5.2 Cross Belt Sorting System Market Absolute $ Opportunity
Chapter 5 Global Cross Belt Sorting System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cross Belt Sorting System Market Size Forecast by Type
5.2.1 Horizontal Cross Belt Sorter
5.2.2 Vertical Cross Belt Sorter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cross Belt Sorting System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cross Belt Sorting System Market Size Forecast by Applications
6.2.1 Logistics
6.2.2 E-commerce
6.2.3 Airport
6.2.4 Pharmaceutical and Medical
6.2.5 Food and Beverage
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cross Belt Sorting System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cross Belt Sorting System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cross Belt Sorting System Analysis and Forecast
9.1 Introduction
9.2 North America Cross Belt Sorting System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cross Belt Sorting System Market Size Forecast by Type
9.6.1 Horizontal Cross Belt Sorter
9.6.2 Vertical Cross Belt Sorter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cross Belt Sorting System Market Size Forecast by Applications
9.10.1 Logistics
9.10.2 E-commerce
9.10.3 Airport
9.10.4 Pharmaceutical and Medical
9.10.5 Food and Beverage
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cross Belt Sorting System Analysis and Forecast
10.1 Introduction
10.2 Europe Cross Belt Sorting System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cross Belt Sorting System Market Size Forecast by Type
10.6.1 Horizontal Cross Belt Sorter
10.6.2 Vertical Cross Belt Sorter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cross Belt Sorting System Market Size Forecast by Applications
10.10.1 Logistics
10.10.2 E-commerce
10.10.3 Airport
10.10.4 Pharmaceutical and Medical
10.10.5 Food and Beverage
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cross Belt Sorting System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cross Belt Sorting System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cross Belt Sorting System Market Size Forecast by Type
11.6.1 Horizontal Cross Belt Sorter
11.6.2 Vertical Cross Belt Sorter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cross Belt Sorting System Market Size Forecast by Applications
11.10.1 Logistics
11.10.2 E-commerce
11.10.3 Airport
11.10.4 Pharmaceutical and Medical
11.10.5 Food and Beverage
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cross Belt Sorting System Analysis and Forecast
12.1 Introduction
12.2 Latin America Cross Belt Sorting System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cross Belt Sorting System Market Size Forecast by Type
12.6.1 Horizontal Cross Belt Sorter
12.6.2 Vertical Cross Belt Sorter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cross Belt Sorting System Market Size Forecast by Applications
12.10.1 Logistics
12.10.2 E-commerce
12.10.3 Airport
12.10.4 Pharmaceutical and Medical
12.10.5 Food and Beverage
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cross Belt Sorting System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cross Belt Sorting System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cross Belt Sorting System Market Size Forecast by Type
13.6.1 Horizontal Cross Belt Sorter
13.6.2 Vertical Cross Belt Sorter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cross Belt Sorting System Market Size Forecast by Applications
13.10.1 Logistics
13.10.2 E-commerce
13.10.3 Airport
13.10.4 Pharmaceutical and Medical
13.10.5 Food and Beverage
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cross Belt Sorting System Market: Competitive Dashboard
14.2 Global Cross Belt Sorting System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vanderlande
14.3.2 Honeywell Intelligrated
14.3.3 Siemens
14.3.4 Beumer
14.3.5 Interroll
14.3.6 Fives Group
14.3.7 Dematic
14.3.8 Bastian Solutions
14.3.9 Muratec
14.3.10 Okura
14.3.11 Invata Intralogisitcs
14.3.12 GIEICOM
14.3.13 Shanxi Oriental Material
14.3.14 Better Convey Automatic Equipment
