Parcel Sorting System Market Overview 2023 to 2030, Future Trends and Industry Forecast | Honeywell, Siemens, BEUMER

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. This research report categorizes the market for Parcel Sorting System market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Parcel Sorting System market.

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The Parcel Sorting System market size was valued at USD 1467.4 million in 2022 and is forecast to a readjusted size of USD 3414.7 million by 2030 with a CAGR of 12.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes. 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.

Profitable players of the Parcel Sorting System market are:

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

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Product types of the Parcel Sorting System industry are:

• Horizontal Cross - band Sorting Machine
• Vertical Sross - band Sorting Machine

Applications of this report are:

• Logistics
• Electronic Commerce
• Airport
• Medical
• Food & beverage
• Other

Accomplishing best results in the business becomes easy with this effective Parcel Sorting System Market study report. It becomes easy to handle business operations and attract more consumers. It helps business players to identify business risks and moving ahead in the business. Important market aspects are covered in this Parcel Sorting System Market report to help newly entering key players to survive in the competitive marketplace. Experimenting with more consumers is easy with this Market report as it captures all the latest updates regarding market expansion. Improving product launch helps business owners to survive in the long run.

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Essential regions of the Parcel Sorting System market are:

- Parcel Sorting System North America Market includes (Canada, Mexico, USA)
- Parcel Sorting System Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
- Parcel Sorting System Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
- Parcel Sorting System South America Market includes (Brazil, Argentina)

Global Parcel Sorting System Market Research FAQs

- What is the study period of this market?
- What is the growth rate of Parcel Sorting System Market?
- What is Parcel Sorting System Market size?
- Which region has highest growth rate in Parcel Sorting System Market?
- Which region has largest share in Parcel Sorting System Market?
- Who are the key players in Parcel Sorting System Market?

The Parcel Sorting System market research report contains the following TOC:
1 Report Overview
1.1 Study Scope
2 Global Growth Trends
2.1 Global Market Perspective (2017-2030)
2.2 Growth Trends by Regions
2.3 Global Industry Dynamic
3 Competition Landscape by Key Players
3.1 Global Top Players by Revenue
3.2 Global Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Parcel Sorting System Revenue
4 Global Breakdown Data by Provider
4.1 Historic Market Size by Provider (2017-2023)
4.2 Forecasted Market Size by Provider (2023-2030)
5 Breakdown Data by End User
5.1 Historic Market Size by End User (2017-2023)
5.2 Forecasted Market Size by End User (2023-2030)
6 North America
7 Europe
8 Asia-Pacific
9 Latin America
10 Middle East and Africa
11 Key Players Profiles
12 Analyst's Viewpoints/Conclusions
13 Appendix…

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