The parcel sortation systems market refers to the demand and sales of equipment and systems used to sort packages and parcels in the logistics and transportation industry. Parcel sortation systems are used in warehouses, distribution centers, and postal facilities to sort packages and parcels based on destination, size, and other criteria.
The market is segmented by type, such as linear sortation systems, loop sortation systems, and others, and by application, such as e-commerce, postal and courier services, and others. Geographically, the market is divided into regions such as North America, Europe, Asia-Pacific, and the rest of the world. Key players in the market include Vanderlande Industries, SSI Schaefer, and Dematic, among others.
Factors driving the growth of the parcel sortation systems market include the growing demand for e-commerce, the increasing use of automated sorting systems, and the need for increased efficiency and accuracy in parcel handling. Challenges faced by the market include high costs, the need for specialized skills and training, and the need for ongoing maintenance and repair.
Overall, the parcel sortation systems market is expected to see growth in the coming years, with the growing demand for e-commerce and the increasing use of automated systems driving the market forward. The use of parcel sortation systems is expected to become more widespread as the logistics and transportation industry continues to evolve and the demand for efficient and accurate parcel handling increases.
Download Free Sample Copy of this Report – https://www.factmr.com/connectus/sample?flag=S&rep_id=7945
Key Segments of Parcel Sortation Systems Industry Research
- By Component:
- Hardware
- Software
- Services
- By Type:
- Linear
- Loop
- By End Use:
- Logistics
- e-Commerce
- Airports
- Food & Beverages
- Other End Uses
- By Region:
- North America
- Latin America
- Europe
- APAC
- MEA
Get Customization on this Report for Specific Research Solutions – https://www.factmr.com/connectus/sample?flag=RC&rep_id=7945
Key Takeaways from Market Study
- The global parcel sortation systems market is valued at US$ 1.4 billion in 2022.
- The market is anticipated to garner US$ 2.7 billion revenue by 2032.
- Worldwide demand for parcel sortation systems is expected to increase at a CAGR of 6.7% during the forecast period.
- The European market is projected to expand at a CAGR of 5.4% from 2022 to 2032.
- The United States market reached a value of US$ 322.1 million in 2022
Key Companies Profiled
- Alstef Automation S.A
- Autotech Private Limited
- Bastian Solutions, LLC
- Beumer Group
- Murata Machinery, Ltd
- Honeywell International Inc
- Böwe Systec GmbH
- Daifuku Co. Ltd
- Siemens Logistics GmbH
- Dematic
- Equinox
- Falcon Fives
- GBI Intralogistics, Inc
- GreyOrange
- Interroll Group
- Intralox, L.L.C
- Invata Intralogisitcs
- Okura Yusoki Co. Ltd
For in-depth competitive analysis, Buy Now – https://www.factmr.com/checkout/7945
Regional Analysis
Europe is projected to lead the global parcel sortation systems market during the study period. The United Kingdom and Germany are expected to make substantial contributions to the European market.
Market players in Europe are heavily focused on smart technologies, such as robot-based and AI-based parcel sorting systems.
For example, in September 2021, LiBiao Robot introduced a new mobile robot-based parcel sortation system called “Mini Yellow.” This was created primarily for European economies such as the United Kingdom, Germany, Italy, and France.
