Parcel Sortation Systems Market Is Predected To Reach A Valuation Of US$ 3.09 Bn By 2027

The global parcel sortation systems market is accounted to US$ 1.32 Bn in 2018 and is expected to grow at a CAGR of 9.1% during the forecast period 2019 – 2027, to account to US$ 3.09 Bn by 2027. Parcel sortation system is adopted in a wide range of industries such as automotive, pharmaceutical, retail, electronics, and food & beverage including many other industries. Automation and technological development is positively impacting the market in developed and developing regions. North American countries witness significant growth in a number of warehouses, logistics and delivery centers, and logistics partners which have been beneficial for several parcel sortation systems providers.

Further, growth in the automotive and logistics industry in MEA demanding for efficient sortation systems which are boosting the parcel sortation systems market in this region. In SAM, an increase in the shipping market, the presence of a large base of consumer goods industry, and the adoption of E-commerce business is further supporting the market growth.

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Europe is the leading region in the global market followed by North America in the parcel sortation systems market. Several advancements and developments are happening in the field of automation in several European countries. Also, economically strong countries like Germany, Italy, and the UK have witnessed significant growth in the implementation of technologically advanced solutions. Germany, Italy, France, and the UK are the potential growth markets for a variety of deployments of automated technologies in various applications. Moreover, the automotive industry in Germany, the textile and manufacturing industries in Italy, and the electronics industry in the UK respectively have been using advanced parcel sortation systems for accuracy and efficiency in operations. These factors are contributing to the high growth of the parcel sortation systems market in this region.

Some of the key players of Parcel Sortation Systems Market:

Bastian Solutions Inc.,Daifuku Co. Ltd.,Dematic,Honeywell , Intelligrated,Murata Machinery, Ltd.,Interroll Holding GmBH, Invata Intralogistics, Beumer Group, Viastore Systems Inc.,Vanderlande Industries B.V.

The Global Parcel Sortation Systems Market research report offers an in-depth analysis of the global market, providing relevant information for the new market entrants or well-established players. Some of the key strategies employed by leading key players operating in the market and their impact analysis have been included in this research report.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Parcel Sortation Systems market based on product and application. It also provides market size and forecast till 2027 for overall Parcel Sortation Systems market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments.

Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Parcel Sortation Systems Market Size
2.2 Parcel Sortation Systems Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Parcel Sortation Systems Market Size by Manufacturers
3.2 Parcel Sortation Systems Key Players Head office and Area Served
3.3 Key Players Parcel Sortation Systems Product/Solution/Service
3.4 Date of Enter into Parcel Sortation Systems Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Parcel Sortation Systems Sales by Product
4.2 Global Parcel Sortation Systems Revenue by Product
4.3 Parcel Sortation Systems Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Parcel Sortation Systems Breakdown Data by End User

Sameer Joshi
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