Press release
Key Trends Shaping the Future Parcel Sortation System Market From 2025-2034: Advancements In Robot-Based Parcel Sorting Systems In The Logistics Industry
Parcel Sortation System
The growth of the e-commerce industry is expected to propel the growth of the parcel sortation system market. E-commerce growth is fueled by factors like convenience, competitive pricing, and diverse product options. Parcel sortation systems automate the sorting and distribution of parcels, ensuring smooth operations as online sales rise. In the first quarter of 2024, U.S. retail e-commerce sales reached $289.2 billion, a 2.1% increase from the previous quarter, according to the U.S. Census Bureau. As such, the growing e-commerce industry is boosting the parcel sortation system market.
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What is the future CAGR of the parcel sortation system market, and how will it impact industry expansion?
The parcel sortation system market has grown strongly, expected to grow from $1.94 billion in 2024 to $2.13 billion in 2025, at a CAGR of 9.6%. The growth is driven by factors such as the rise of omnichannel retailing, the expansion of cross-border e-commerce, the growth of subscription box services, increased awareness of green logistics, and efforts to reduce delivery errors.
The parcel sortation system market is anticipated to grow strongly, reaching $3.03 billion by 2029 at a CAGR of 9.2%. Growth drivers include the increasing demand for automation, urbanization, and logistics infrastructure. Trends in the forecast period include AI integration, adoption of IoT, and cloud-based sortation solutions.
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What are the most significant trends transforming the parcel sortation system market today?
The parcel sortation system market is seeing advancements in robot-based sorting systems and AI-driven vision technology to improve efficiency and accuracy. These systems, which utilize robots and AI, automate the sorting process, significantly reducing errors and increasing speed. For example, in January 2024, Viettel Post deployed 160 autonomous robots at its Vietnam hub, improving sorting accuracy by using AI to categorize and direct parcels based on size, weight, and destination, making the process more efficient.
Which key market segments comprise the parcel sortation system market and drive its revenue growth?
The parcel sortation system market covered in this report is segmented -
1) By Type: Linear Parcel Sortation Systems, Loop Parcel Sortation System, Other Types
2) By Offering: Hardware, Software, Services
3) By Application: Logistics, E-commerce, Airports, Pharmaceuticals and Medical Supply, Food And Beverage, Other Applications
Subsegments:
1) By Linear Parcel Sortation Systems: Belt Conveyor-Based Systems, Roller Conveyor-Based Systems, Cross-Belt Sortation Systems
2) By Loop Parcel Sortation System: Tilt Tray Sorters, Cross-Belt Loop Sorters, Pop-Up Wheel Sorters
3) By Other Types: Automated Guided Vehicle (AGV) Sortation Systems, Overhead Sortation Systems, Pusher-Based Sortation Systems
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What regions are at the forefront of parcel sortation system market expansion?
North America was the largest region in the parcel sortation system market in 2023. The regions covered in the parcel sortation system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the parcel sortation system market?
Major companies operating in the parcel sortation system market are Honeywell International Inc., Kawasaki Heavy Industries, FANUC America Corporation, Daifuku Co. Ltd., Yaskawa America, Vanderlande, Pitney Bowes Inc., Dematic, Körber AG, Fives, BEUMER Group, TGW Logistics, Interroll Group, Daifuku, Bastian Solutions, Murata Machinery Ltd., Siemens Logistics GmbH, Viastore Systems, National Presort Inc., Böwe Systec, Muratec America, Mantissa Corporation, Okura Yusaki Co. Ltd.
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What Is Covered In The Parcel Sortation System Global Market Report?
•Market Size Forecast: Examine the parcel sortation system market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the parcel sortation system market for a structured understanding.
•Key Players Overview: Analyze major players in the parcel sortation system market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the parcel sortation system market.
•Segment Contributions: Evaluate how different segments drive overall growth in the parcel sortation system market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the parcel sortation system market.
•Industry Challenges: Identify potential risks and obstacles affecting the parcel sortation system market.
•Competitive Landscape: Review strategic developments in the parcel sortation system market, including expansions, agreements, and new product launches.
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1.2 Sortation System Segment by Type (Product Category)
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1.2.2 Global Sortation System…
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