Sortation Systems - Automated Material Handling Equipment Market Statistics
The global sortation systems automated material handling equipment market size was valued at US$ 7,378.9 million in 2022 and is estimated to grow at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030.
Global sortation systems automated material handling equipment market statistics, 2018-2030 (USD MIllion)
Related Statistics
Sortation systems - Automated material handling equipment market highlights
- The global sortation systems segment generated a revenue of USD 7,816.0 million in 2023 and is expected to reach USD 13,810.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.8% by 2030.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Chile is expected to register the highest CAGR from 2024 to 2030.
Market summary
| Market revenue in 2023 | USD 7,816.0 million |
| Market revenue in 2030 | USD 13,810.2 million |
| Growth rate | 8.8% (CAGR from 2024 to 2030) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
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Automated Material Handling Equipment Market Scope
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