Parcel Sortation Systems Market 2021|Segmentation and Analysis by Recent Trends, Development and Growth by Trending Regions by 2027

Global Parcel Sortation Systems Market Report 2021 – 2027 is a believable source for gaining the market research that will exponentially accelerate your business. SWOT and Porter’s five analysis are also effectively discussed to analyze informative data such as cost, prices, revenue, and end-users. The Report initially provides an overview of the industry that covers definition, applications and technology, post which the report explores into the international players in the market. The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the global landscape. The report also entails the Covid-19 and post-Covid dynamics in the global Parcel Sortation Systems market.

The global Parcel Sortation Systems market size is projected to reach US$ 1764 million by 2027, from US$ 1193.8 million in 2020, at a CAGR of 5.3% during 2021-2027.

The Top Major Competitive Players are : Siemens, Vanderlande, Beumer, Honeywell Intelligrated, Bastian Solutions, Fives Group, Dematic, Interroll, Muratec, Invata Intralogisitics, Bowe Systec

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Industry News:

GreyOrange launches 12,000 parcel-per-hour sortation system

Robotics and warehouse automation company GreyOrange, has launched its latest modular sortation system, designed for modern distribution and logistics centres serving retail, and courier and express companies. The Flexo™ robotics system Flexo can handle up to 12,000 parcels per hour sorting up to hundreds of destinations; including common post and courier items up to 15 kgs (33 pounds).

Market Overview:

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 Segmentation:

Segmentation By Type:

Horizontal Cross Strip Sorter
Vertical Cross Strip Sorter

Segmentation By Application:

Logistics
Electronic Commerce
Airport
Drugs and Medical Supplies
Food and Beverage
Other

Regional Analysis:

The regional analysis segment covers all the regions in the world contributing towards the growth of the global Parcel Sortation Systems market. The section offers insights on the market size, volume, and value of each region for the forecasted period to help our clients find a better position in the global market. The competitive landscape section includes strategies followed by leading market players along with the in-depth case studies on how to overcome the challenges in the Parcel Sortation Systems market.

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

North America Accounts For the Largest Market Share

Automating warehouse and order fulfillment operations has become the primary strategy to ensure supply chain productivity and financial goals while maximizing customer service levels in North America. Additionally, the United States is contributing around 91% of the revenue share in the sortation systems market in North America.

By automating distribution operations, organizations across North America increase order accuracy ranging from half a percent up to several percentage points. Businesses that automate realize a significant reduction in operational costs and a measurable increase in service levels, which have an immediate impact on overall profitability and a long-term positive effect on the market share growth.

Moreover, increasing interest in sustainability, coupled with a robust economy resulting from cost containment, has led to the demand for the sortation systems in the US. In the United States, post offices have seen a 60% energy savings in parcel handling applications after employing a roller sortation system across their parcel handling module.

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The study objectives of this report are:

-To study and analyze the global Parcel Sortation Systems Market size (value and volume) by the company, key regions/countries, products and application, history data from 2020 to 2027, and forecast to 2027.

-To understand the structure of Parcel Sortation Systems by identifying its various sub-segments.

-To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

-Focuses on the key global Parcel Sortation Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.

-To analyze the Parcel Sortation Systems with respect to individual growth trends, future prospects, and their contribution to the total market.

-To project the value and volume of Parcel Sortation Systems submarkets, with respect to key regions (along with their respective key countries).

-To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

-To strategically profile the key players and comprehensively analyze their growth strategies

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-Data regarding the industry share by every item fragment, alongside their reasonable worth, have been served in the report.

-We provide statistic information, strategic and analysis tool results to provide a sophisticated landscape and target key market players. This will help the company to increase its efficiency.

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