Market Overview:
The global parcel sortation systems market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for parcel sorting systems from various end-use industries, such as logistics, electronic commerce, airport, drugs and medical supplies, food and beverage, and other applications. In addition, the growing adoption of automated parcel sorting systems is also contributing to the growth of this market.
Product Definition:
A parcel sortation system is a mechanized process that separates parcels into designated delivery areas. The importance of parcel sortation systems is that they allow for the efficient and accurate sorting of parcels into specific delivery areas, which ultimately leads to faster and more accurate deliveries.
Horizontal Cross Strip Sorter:
Horizontal cross strip sorter is a device used in parcel sorting systems for moving cross-oriented strips of paper or plastic through the system. It’s an improvement over vertical cross-sortation machine as it can sort items of varying sizes and shapes.
The horizontal sortation system has higher throughput than the vertical one, due to which it is more popular among large mail orders that have a lot of variable sized items to handle.
Vertical Cross Strip Sorter:
Vertical cross strip sorter and it's usage in parcel sortation systems market is expected to grow at a significant rate owing to the increasing demand for automation in logistics. Vertical cross strip sorter is an automated device used for sorting mail or other small packages. It consists of a series of transparent acrylic plates, each with two downward-pointing metal rods that strike the package as it passes under the plate.
Application Insights:
The logistics application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for efficient and effective distribution systems that ensure cost-effective delivery across wide areas with high accuracy. Parcel sortation systems have been gaining popularity in logistics applications owing to their ability to efficiently handle large volumes, diverse types of shipments, and rapid turnarounds with minimal resources required.
Electroniccommerce is expected to emerge as another promising segment during the study period owing to growing e-commerce activities across various regions coupled with rising consumer preference for home delivery of orders over traditional methods such as Post Office Boxes or drop boxes at retail stores.
Regional Analysis:
The Asia Pacific region is expected to witness the highest growth over the forecast period owing to increasing e-commerce activities in countries such as China, India, and Japan. The growing number of retail outlets and rising consumer demand for packaged goods are also driving industry expansion in this region. Furthermore, rapid industrialization coupled with government initiatives towards infrastructure development is further anticipated to drive regional market growth. For instance, according to a white paper published by Infosys Ltd., titled “India at 150: Building a Modern Digital Economyâ€; it was stated that logistics sector has witnessed significant investments from both private and public sectors since 2014 which would propel industry growth over the coming years.
North America accounted for more than 25% of global revenue share in 2017 owing to high acceptance of technology driven solutions across various industries within this region. Moreover, presence of major parcel sorting system providers such as United Parcel Service Of America Inc.
Growth Factors:
- Increasing demand for parcel sortation systems from the e-commerce sector
- Rising number of small and medium-sized businesses (SMBs)
- Proliferation of automated sorting technologies
- Growing need to improve operational efficiency and throughput in parcel delivery networks
- Emergence of next-generation parcel sortation systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Parcel Sortation Systems Market Research Report
By Type
Horizontal Cross Strip Sorter, Vertical Cross Strip Sorter
By Application
Logistics, Electronic Commerce, Airport, Drugs and Medical Supplies, Food and Beverage, Other
By Companies
Siemens, Vanderlande, Beumer, Honeywell Intelligrated, Bastian Solutions, Fives Group, Dematic, Interroll, Muratec, Invata Intralogisitics, Bowe Systec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Parcel Sortation Systems Market Report Segments:
The global Parcel Sortation Systems market is segmented on the basis of:
Types
Horizontal Cross Strip Sorter, Vertical Cross Strip Sorter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Logistics, Electronic Commerce, Airport, Drugs and Medical Supplies, Food and Beverage, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens
- Vanderlande
- Beumer
- Honeywell Intelligrated
- Bastian Solutions
- Fives Group
- Dematic
- Interroll
- Muratec
- Invata Intralogisitics
- Bowe Systec
Highlights of The Parcel Sortation Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Horizontal Cross Strip Sorter
- Vertical Cross Strip Sorter
- By Application:
- Logistics
- Electronic Commerce
- Airport
- Drugs and Medical Supplies
- Food and Beverage
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Parcel Sortation Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A parcel sorting system is a computerized system used to sort mail into individual parcels. The mail is first scanned for any large objects, such as magazines or newspapers, and then divided into smaller packages.
Some of the key players operating in the parcel sortation systems market are Siemens, Vanderlande, Beumer, Honeywell Intelligrated, Bastian Solutions, Fives Group, Dematic, Interroll, Muratec, Invata Intralogisitics, Bowe Systec.
The parcel sortation systems market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Parcel Sortation Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Parcel Sortation Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Parcel Sortation Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Parcel Sortation Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Parcel Sortation Systems Market Size & Forecast, 2018-2028
4.5.1 Parcel Sortation Systems Market Size and Y-o-Y Growth
4.5.2 Parcel Sortation Systems Market Absolute $ Opportunity
Chapter 5 Global Parcel Sortation Systems Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Parcel Sortation Systems Market Size Forecast by Type
5.2.1 Horizontal Cross Strip Sorter
5.2.2 Vertical Cross Strip Sorter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Parcel Sortation Systems Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Parcel Sortation Systems Market Size Forecast by Applications
6.2.1 Logistics
6.2.2 Electronic Commerce
6.2.3 Airport
6.2.4 Drugs and Medical Supplies
6.2.5 Food and Beverage
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Parcel Sortation Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Parcel Sortation Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Parcel Sortation Systems Analysis and Forecast
9.1 Introduction
9.2 North America Parcel Sortation Systems Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Parcel Sortation Systems Market Size Forecast by Type
9.6.1 Horizontal Cross Strip Sorter
9.6.2 Vertical Cross Strip Sorter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Parcel Sortation Systems Market Size Forecast by Applications
9.10.1 Logistics
9.10.2 Electronic Commerce
9.10.3 Airport
9.10.4 Drugs and Medical Supplies
9.10.5 Food and Beverage
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Parcel Sortation Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Parcel Sortation Systems Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Parcel Sortation Systems Market Size Forecast by Type
10.6.1 Horizontal Cross Strip Sorter
10.6.2 Vertical Cross Strip Sorter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Parcel Sortation Systems Market Size Forecast by Applications
10.10.1 Logistics
10.10.2 Electronic Commerce
10.10.3 Airport
10.10.4 Drugs and Medical Supplies
10.10.5 Food and Beverage
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Parcel Sortation Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Parcel Sortation Systems Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Parcel Sortation Systems Market Size Forecast by Type
11.6.1 Horizontal Cross Strip Sorter
11.6.2 Vertical Cross Strip Sorter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Parcel Sortation Systems Market Size Forecast by Applications
11.10.1 Logistics
11.10.2 Electronic Commerce
11.10.3 Airport
11.10.4 Drugs and Medical Supplies
11.10.5 Food and Beverage
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Parcel Sortation Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Parcel Sortation Systems Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Parcel Sortation Systems Market Size Forecast by Type
12.6.1 Horizontal Cross Strip Sorter
12.6.2 Vertical Cross Strip Sorter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Parcel Sortation Systems Market Size Forecast by Applications
12.10.1 Logistics
12.10.2 Electronic Commerce
12.10.3 Airport
12.10.4 Drugs and Medical Supplies
12.10.5 Food and Beverage
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Parcel Sortation Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Parcel Sortation Systems Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Parcel Sortation Systems Market Size Forecast by Type
13.6.1 Horizontal Cross Strip Sorter
13.6.2 Vertical Cross Strip Sorter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Parcel Sortation Systems Market Size Forecast by Applications
13.10.1 Logistics
13.10.2 Electronic Commerce
13.10.3 Airport
13.10.4 Drugs and Medical Supplies
13.10.5 Food and Beverage
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Parcel Sortation Systems Market: Competitive Dashboard
14.2 Global Parcel Sortation Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 Vanderlande
14.3.3 Beumer
14.3.4 Honeywell Intelligrated
14.3.5 Bastian Solutions
14.3.6 Fives Group
14.3.7 Dematic
14.3.8 Interroll
14.3.9 Muratec
14.3.10 Invata Intralogisitics
14.3.11 Bowe Systec
