Global Parcel Sorting System Market Outlook 2022

SKU ID : QYR-19853020

No. of pages : 111

Publishing Date : 05-Jan-2022

Parcel sortation automation involves the use of technology for package processing, taking care of many of the tasks that would be time-consuming and repetitive to do by hand.
The asia-pacific region was the largest market owner of parcel sorting systems in 2018, with a market share of 42%, followed by Europe and North America, with market shares of 26% and 23%, respectively.In terms of application, it has the largest revenue in the logistics industry in recent years, ranked 2nd and 3rd in e-commerce and airport respectively, and its market share in 2018 is 31%, 27% and 19% respectively. Due to different strategies, the market share gap keeps widening.Over the next seven years, we expect global revenue to grow at a compound annual rate of 13%.At present, the quantity of goods of e-commerce has been increasing exponentially. The general management mode has been unable to correctly manage e-commerce warehouses, and the working speed of workers is far from keeping up with the market demand.The emergence of automatic sorting system is very clever to help e-commerce solve this big problem.The biggest advantage of the automatic sorting system is the automatic operation mode. Different from manual work, the automatic sorting system is more accurate and efficient, and its automatic operation mode can operate 24 hours a day.In the future, e-commerce industry will have a large number of demand for automatic sorting system, and the development prospect of automatic sorting system will be better and better.In this report, there are two types of parcel sorting system: horizontal cross belt sorting machine and vertical cross belt sorting machine.Horizontal cross-belt sorters are the main type of parcel sorting system, accounting for 68% of the global market share in 2018.The technology of parcel sorting system has been relatively mature, new enterprises cannot surpass the reputation and design of existing famous brands in a short time, and the technical and capital barriers in this industry are relatively high.The team therefore recommends that new entrants be carefully considered before entering the field.With the continuous development of science and technology, parcel sorting system will present the following characteristics in the future.Greatly reduce labor intensity, improve efficiency;Accurate sorting, few errors;Easy to assemble, with the characteristics of flexible layout, convenient maintenance, low cost advantages.With the implementation of the "area" initiative, the international competition, the development of logistics industry in China faces enormous challenges, in order to cope with the challenges, the domestic relevant departments and enterprises are also actively, using high technology content of facilities of logistics operations, will need more than two months of original international logistics distribution shortened from a week.But with the development of logistics industry in our country, the industry and consumers for the logistics service level and quality requirements also more and more high, this requires the sorting link of the logistics industry is more and more high quality, at the same time for sorting device selection requirement also gradually improve, from the original only look at to consider sorting equipment system efficiency, safety, environmental protection, maintenance and operation factors such as noise, power consumption, the application scope of automatic sorting system will be more and more widely.

Market Analysis and Insights: Global Parcel Sorting System Market
The global Parcel Sorting System market was valued at US$ 1257.6 million in 2020 and it is expected to reach US$ 3032.8 million by the end of 2027, growing at a CAGR of 13.4% during 2021-2027.

Global Parcel Sorting System Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Parcel Sorting System Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Horizontal Cross - band Sorting Machine
Vertical Sross - band Sorting Machine

Segment by Application
Logistics
Electronic Commerce
Airport
Medical
Food & beverage
Other

By Company
Vanderlande
Honeywell
Siemens
BEUMER
Interroll
Fives
Dematic
Bastian Solutions,
Murata machinery
Okura Nikko Hotels
Invata Intralogistics
GIEICOM
OMH
Better Convey

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects...
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects including drivers, restraints...
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