Parcel Sortation Systems Market Outlook to 2027 - Dematic, Invata Intralogistics, Interroll Holding, Bastian Solutions, Daifuku, Honeywell Intelligrated, Murata Machinery, Beumer Group, Viastore Systems, Vanderlande Industries

The global parcel sortation systems market 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.

Europe was the leading geographic market and it is anticipated to be the highest revenue contributor throughout the forecast period. The constantly rising demand for automation among European industries is set to nurture the parcel sortation systems market in the European region.

Download Sample PDF Brochure of this report at https://www.theinsightpartners.com/sample/TIPEL00002503/?OPR-pK

Market Insights: A highly attractive adoption rate for the parcel sortation systems market is anticipated

The global parcel sortation systems market is flourishing significantly in the recent years and the same is expected to experience exponential growth rate in the coming years. In the current market scenario, European end users have procured the maximum number of parcel sortation systems and the end users of parcel sortation systems in European countries are continuously investing substantial amounts in the adoption of the systems. This is primarily due to the noteworthy rise in the manufacturing of various consumer goods in different countries as well as the import activities. Secondarily, the awareness among the end users of parcel sortation systems related to automation is also high among the European end users.

This has impacted positively on the European market size and facilitated the region to position itself on top global parcel sortation systems market. North American market is also matured as the end users have prominently invested in the adoption of technology. The constantly rising volumes of manufactured products coupled with the stringent timeline to deliver the products is pressurizing the end users to invest in advanced technologies to sort the manufactured products is driving the parcel sortation systems market in North America.

Market initiatives by the players is propelling parcel sortation systems market growth:

The global parcel sortation systems market is heavily captured by several established companies as well as smaller tier2 companies across the globe. These companies are facilitating the parcel sortation end users such as logistics companies, manufacturing companies as well as warehouses and distribution centers among others, to meet the constantly increasing demand for timely delivery of their parcels. Also with an objective to sort the manufactured products efficiently and accurately, several manufacturing companies are also partnering with parcel sortation solution providers to integrate their sortation facility with advanced sortation technologies. Pertaining to these factors, the growth trajectory of parcel sortation systems market is consistently witnessing upsurge.

Segment by Type Insights:

The global parcel sortation systems market by type was led by loop parcel sortation system segment. The Linear parcel sortation system is other type included in the parcel sortation systems market. Increasing demand for advanced sortation system with the benefit of sorting a wide range of product categories is increasing among the end user, which is triggering the growth of loop parcel sortation system market.

Segment by End-User Insights:

The global parcel sortation systems market is categorized on basis of different end user industry as logistics, E-commerce, food & beverages, post & parcel, airport, pharmaceutical and other. The other segment in the parcel sortation systems market include; electronics, automotive, and industrial manufacturing among others. The demand for parcel sortation systems among the end user industries is consistently growing attributing to the fact that, the manufacturing industries are rapidly increasing their production in order to meet the customer demands. Also with the growth in awareness related to E-commerce coupled with easy availability of internet and smartphones have propelled the online commerce segment. The rise in e-commerce industry is also accentuating the parcel sortation systems in terms of volume as well as revenues. Also the demand for parcel sortation systems is increasing among the airport authorities as both passenger aircrafts and cargo aircraft fleets are increasing which is demanding increased parcel sortation.

Strategic Insights:

New market initiatives were observed as the most adopted strategy in global parcel sortation systems industry. Few of the recent market initiatives are listed below:

2019: BEUMER Group signed a $33 million agreement with Aruba Airport Authority N.V. Through the agreement, the company would offer design and installation of high-speed baggage transportation and sortation system at Aruba’s Queen Beatrix International Airport.
2019: Vanderlande launched new Manufacturing and Distribution Center in Georgia (GA), USA, through the new facility customers in Los Angeles, Chicago O’Hare, Vancouver and Atlanta will be served with the products.
2018: Bastian Solutions opened its newest office in Tampa, Florida. The expansion has helped by bringing local support to serve existing Bastian Solutions clients as well as the opportunity to assist new customers with their automation needs.

Place a Purchase Order at https://www.theinsightpartners.com/buy/TIPEL00002503/?OPR-pK

GLOBAL PARCEL SORTATION SYSTEMS - MARKET SEGMENTATION

Parcel Sortation Systems Market - By Type
• Linear Parcel Sortation System
• Loop Parcel Sortation System

Parcel Sortation Systems Market - By End-User Industry
• Logistics
• E-Commerce
• Food & Beverages
• Post & Parcel
• Airport
• Pharmaceuticals
• Others

Parcel Sortation Systems Market - By Geography

• North America
o U.S.
o Canada
o Mexico

• Europe
o France
o Germany
o Italy
o Russia
o UK
o Rest of Europe

• Asia Pacific (APAC)
o Australia
o South Korea
o China
o India
o Japan
o Rest of Asia Pacific

• Middle East and Africa (MEA)
o Saudi Arabia
o UAE
o South Africa
o Rest of Middle East and Africa

• South America (SAM)
o Brazil
o Argentina
o Rest of SAM

Parcel Sortation Systems Market - Company Profiles

• 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.

Complete Report is available at https://www.theinsightpartners.com/reports/parcel-sortation-systems-market?OPR-pK

Table of Content:

1. INTRODUCTION

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. PARCEL SORTATION SYSTEMS MARKET LANDSCAPE

5. PARCEL SORTATION SYSTEMS MARKET – KEY INDUSTRY DYNAMICS

6. PARCEL SORTATION SYSTEMS – GLOBAL MARKET ANALYSIS

7. GLOBAL PARCEL SORTATION SYSTEM MARKET ANALYSIS – BY TYPE

8. GLOBAL PARCEL SORTATION SYSTEM MARKET ANALYSIS – BY END USER INDUSTRY

9. PARCEL SORTATION SYSTEMS MARKET – GEOGRAPHICAL ANALYSIS

10. INDUSTRY LANDSCAPE

11. COMPANY PROFILES
11.1 BASTIAN SOLUTIONS INC.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments

Key Benefits of Buying this Research Study:
1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Parcel Sortation Systems Market
2. Highlights key business priorities in order to assist companies to realign their business strategies
3. The key findings and recommendations highlight crucial progressive industry trends in the Parcel Sortation Systems Market, thereby allowing players across the value chain to develop effective long term strategies
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
6. Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
7. Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South America.

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
Website: https://www.theinsightpartners.com/

This release was published on openPR.