$2 Billion Parcel Sortation Systems Market by Type, Offering, End User Industry, and Geography – Global Forecast to …


Dublin, June 01, 2018 (GLOBE NEWSWIRE) — The “Parcel Sortation Systems Market by Type, Offering, End User Industry, and Geography – Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The parcel sortation systems market is likely to be valued at USD 1.31 billion in 2018 and is expected to reach USD 2.05 billion by 2023, at a CAGR of 9.3% between 2018 and 2023.

The growth of the parcel sortation systems market is propelled by increasing labor costs, along with rising industrial automation and growth in e-commerce. Factors such as emerging application areas of parcel sorting systems and the integration of Industry 4.0 and IoT with sorting systems are providing key opportunities for the players in the parcel sortation systems market. However, high deployment and maintenance costs are restraining the growth of the market.

Among all end-user industries, the parcel sortation systems market for the e-commerce industry is expected to grow at the highest rate between 2018 and 2023. Exponential increase in the number of parcels to be sorted and delivered to customers worldwide is one of the major factors driving the growth of the parcel sortation systems market for this industry.

Among all offerings, the parcel sortation systems market for services is expected to grow at the highest rate between 2018 and 2023. Frequent servicing requirements, in terms of hardware and software upgrades or capacity expansion, is a major factor driving the growth of the parcel sortation systems market for services.

Between the 2 types of parcel sortation systems, the market for loop parcel sortation systems is expected to grow at a higher CAGR between 2018 and 2023. The growth of this market can be attributed to the benefits offered by loop parcel sortation systems in terms of optimum space utilization, which makes them ideal for small and midsized warehouses and distribution centers.

The parcel sortation systems market in APAC is expected to grow at the highest CAGR between 2018 and 2023. China, South Korea, and Australia are some of the prominent countries driving the growth of the parcel sortation systems market in APAC. Increasing penetration of e-commerce and logistics companies and new airport construction projects in several countries in this region are driving the growth of the parcel sortation systems market in APAC.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Parcel Sortation Systems Market
4.2 Parcel Sortation Systems Market in Europe, By Country and End User
4.3 Parcel Sortation Systems Market, By Offering
4.4 Parcel Sortation Systems Market, By Type
4.5 Parcel Sortation Systems Market, By Geography

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Labor Cost and Industrial Automation
5.2.1.2 Growth in E-Commerce
5.2.2 Restraints
5.2.2.1 High Deployment and Maintenance Costs
5.2.3 Opportunities
5.2.3.1 Emerging Application Areas of Parcel Sorting Systems
5.2.3.2 Integration of Industry 4.0 and IoT With Sorting Systems
5.2.4 Challenges
5.2.4.1 Real-Time Technical Challenges
5.2.4.2 Formulation of Government Regulations Against Automation
5.3 Value Chain Analysis

6 Parcel Sortation Systems Market, By Offering
6.1 Introduction
6.2 Hardware
6.2.1 Processors
6.2.2 Cameras
6.2.3 Sensors
6.2.3.1 Pressure Sensors
6.2.3.2 Analog Flow Sensors
6.2.3.3 Displacement Sensors
6.2.3.4 Proximity Sensors
6.2.3.5 Optical Sensors
6.2.4 Diverters
6.2.5 Electrical and Mechanical Components
6.2.6 Displays
6.3 Software
6.4 Services

7 Parcel Sortation Systems Market, By Type
7.1 Introduction
7.2 Linear Parcel Sortation Systems
7.2.1 Arb Sorters
7.2.2 Linear/Vertical Belt Sorters
7.2.3 Pop-Up/Narrow Belt Sorters
7.2.4 Shoe Sorters
7.2.5 Small Parcel Sorters
7.2.6 Paddle Sorters
7.2.7 Pusher Sorters
7.3 Loop Parcel Sortation Systems
7.3.1 Cross-Belt Sorters (Horizontal)
7.3.2 Flat Sorters/Bomb Bay Sorters
7.3.3 Tilt Tray Sorters

8 Parcel Sortation Systems Market, By End User
8.1 Introduction
8.2 Logistics
8.2.1 Courier
8.2.2 Freight Forwarding
8.2.3 Postal Services
8.2.4 Storage and Warehousing
8.3 E-Commerce
8.4 Airports
8.4.1 International Airports
8.4.2 Domestic Airports
8.5 Pharmaceuticals and Medical Supply
8.5.1 Active Pharmaceutical Ingredient Suppliers
8.5.2 Drug Manufacturers
8.5.3 Distributors
8.6 Food & Beverages
8.6.1 Unprocessed Or Minimally Processed Food
8.6.2 Processed Culinary Ingredients
8.6.3 Processed Food
8.7 Others
8.7.1 Footwear
8.7.2 Apparel

9 Geographic Analysis

10 Competitive Landscape
10.1 Introduction
10.2 Market Ranking Analysis: Parcel Sortation Systems Market
10.3 Competitive Scenario
10.3.1 Expansions
10.3.2 Product Launches and Developments
10.3.3 Acquisitions
10.3.4 Partnerships, Collaborations, Contracts, and Joint Ventures

11 Company Profiles
11.1 Key Players
11.1.1 Siemens
11.1.2 Vanderlande
11.1.3 Beumer Group
11.1.4 Intelligrated
11.1.5 Bastian Solutions
11.1.6 Fives
11.1.7 Dematic
11.1.8 Interroll
11.1.9 Muratec
11.1.10 Invata Intralogisitcs
11.2 Other Companies
11.2.1 Viastore
11.2.2 Okura Yusoki
11.2.3 GBI Intralogistics
11.2.4 Equinox Mhe
11.2.5 Pitney Bowes
11.2.6 Falcon Autotech
11.2.7 OCM SRL
11.2.8 Solystic
11.2.9 Bowe Systec
11.2.10 Intralox

For more information about this report visit https://www.researchandmarkets.com/research/2pts5s/2_billion_parcel?w=12

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Related Topics: Logistics, Material Handling Equipment



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