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The possibilities offered by the Internet have made it extremely simple to order goods online. This in turn has led to a continual increase in the volume of parcels and packages, and efficient solutions are needed for sorting these parcels and delivering them to customers. The parcel sorting system is able to sort parcels, bags or even pallets.
Technological improvements pertaining to advanced scanning capabilities is one of the trends witnessed in the market. These improvements are aimed at further enhancing the label read rates and product identification in order to minimize manual intervention thereby enabling delivery organizations to manage costs and manpower schedules in a better manner.
Market Analysis and Insights: Global Parcel Sortation Systems Market
The global Parcel Sortation Systems market size is projected to reach US$ 1230.7 million by 2026, from US$ 1164.3 million in 2020, at a CAGR of 5.3%% during 2021-2026.
Global Parcel Sortation Systems Scope and Market Size
Parcel Sortation Systems market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Parcel Sortation Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Siemens
Vanderlande
Beumer
Honeywell Intelligrated
Bastian Solutions
Fives Group
Dematic
Interroll
Muratec
Invata Intralogisitics
Horizontal cross strip sorter
Vertical cross strip sorter
Logistics
Electronic Commerce
Airport
Drugs and medical supplies
Food and beverage
Other
North America
Europe
China
Japan
Southeast Asia
India
Technological improvements pertaining to advanced scanning capabilities is one of the trends witnessed in the market. These improvements are aimed at further enhancing the label read rates and product identification in order to minimize manual intervention thereby enabling delivery organizations to manage costs and manpower schedules in a better manner.
Market Analysis and Insights: Global Parcel Sortation Systems Market
The global Parcel Sortation Systems market size is projected to reach US$ 1230.7 million by 2026, from US$ 1164.3 million in 2020, at a CAGR of 5.3%% during 2021-2026.
Global Parcel Sortation Systems Scope and Market Size
Parcel Sortation Systems market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Parcel Sortation Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
The key players covered in this study
Siemens
Vanderlande
Beumer
Honeywell Intelligrated
Bastian Solutions
Fives Group
Dematic
Interroll
Muratec
Invata Intralogisitics
Market segment by Type, the product can be split into
Horizontal cross strip sorter
Vertical cross strip sorter
Market segment by Application, split into
Logistics
Electronic Commerce
Airport
Drugs and medical supplies
Food and beverage
Other
Market segment by Regions/Countries, this report covers
North America
Europe
China
Japan
Southeast Asia
India
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
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- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
