Parcel Sortation Systems Market
Parcel Sortation Systems Market Size, Share Analysis, By Component (Hardware, Software, Services), By Type (Linear, Loop), By End Use (Logistics, e-Commerce, Airports, Food & Beverages, Other), & Region - Global Market Insights 2022 to 2032
Analysis of Parcel Sortation Systems Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Parcel Sortation Systems Market Outlook (2022-2032)
The global parcel sortation systems market is valued at US$ 1.4 billion in 2022 and is predicted to hit US$ 2.7 billion by 2032, registering a CAGR of 6.7% from 2022 to 2032 (forecast period).
Almost every organization and individual now makes use of the Internet. Online purchasing has increased as the e-Commerce sector has grown in popularity. A vast number of consumer and commercial items are purchased on a daily basis, resulting in a large number of parcel shipments. Generally, manual parcel sorting takes a long time. As a result, an efficient technique is required to simplify the delivery of parcels from one location to another.
As technology advances, firms are gravitating toward automation in their shipping procedures. Parcel sortation systems are automated procedure that involves identifying parcel items on a conveyor system and routing them to certain destinations using devices controlled by task-specific software.
Parcel sortation systems provide numerous benefits, such as increased space utilization, lower per-packet processing time, error-free operations, end-to-end process transparency, predictability in handling peaks, increased scalability, and reduced dependency on skilled manpower.
Parcel sortation systems are used in a variety of industries, including logistics, e-commerce, airports, pharmaceuticals & medical supply, food & beverages, and others.
The rapidly expanding e-Commerce industry is raising the demand for parcel sortation systems. With increasing internet penetration and the ease of online shopping, the number of products ordered online has increased. Moreover, as people increasingly prefer to buy things online, the demand for parcel sortation systems is growing significantly.
- For example, the International Telecommunication Union (ITU) states that over 4.1 billion people used the internet globally in 2019, representing a 5.4% increase over the global internet penetration rate in 2018.
- According to a Morgan Stanley report, the e-commerce industry grew from 15% in 2019 to 21% in 2021.
Key market players are focusing on developing technologically advanced products to stay ahead of the competition.
- Photonoe s.r.o, based in Slovakia, unveiled a new 3D machine vision in September 2021, allowing a robot to pick 2,350 parcels each hour. With a gripping capacity of up to 3mm packet sizes, the equipment delivers 3D data and enables precise placement. The equipment can be employed in a variety of industries, including e-commerce, logistics, pharmaceuticals, and others. Moreover, the equipment can recognize envelopes, parcels, and even bags of any material, shape, and texture.
Report Attributes |
Details |
|---|---|
|
Market Size (2022) |
US$ 1.4 Billion |
|
Projected Market Value (2032) |
US$ 2.7 Billion |
|
Global Market Growth Rate (2022-2032) |
6.7% CAGR |
|
Europe Market Growth Rate (2022-2032) |
5.4% |
|
U.S. Market Value (2022) |
US$ 322.1 Million |
|
Key Companies Profiled |
|
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Why is Demand for Parcel Sortation Systems Intensifying?
“Increasing Industrial Automation and Labor Cost”
The use of automation in end-use industries such as e-commerce, logistics, and others provides improved performance by reducing errors and increasing quality. Moreover, the increasing implementation of IoT and robotics in industrial automation is expected to fuel the demand for parcel sortation systems.
IoT-based solutions are utilized to make sorting processes more efficient, cost-effective, and productive.
- For example, Siemens industrial IoT solutions such as cloud computing, advanced analytics, and Mind Sphere are utilized to automate parcel sortation systems.
Furthermore, increasing labor costs is another major factor projected to boost the demand for parcel sortation systems.
Which Aspect Can Limit the Sales of Parcel Sortation Systems?
“High Initial Investments to Install Parcel Sortation Systems”
The massive investments necessary in the initial phase are a significant aspect that can limit the sales of parcel sortation systems. Moreover, the associated cost, such as maintenance costs, software solutions, integration of intelligent sensors, and aftermarket services, increases the overall ownership costs.
Furthermore, small and medium-sized businesses find it challenging to switch from traditional sorting systems due to low production output and return on investment, restructuring existing facilities designs, and other aspects.
Country-wise Insights
Why are the United Kingdom and Germany the Largest Contributors to the European Market?
The Europe parcel sortation systems market is projected to develop at a CAGR of 5.4% from 2022 to 2032. The United Kingdom and Germany are the largest contributors to the European market.
Amazon first introduced the concept of a sortation center in the United Kingdom in 2013. Following considerable cost savings, while maintaining sufficient throughput, other e-commerce companies in the United Kingdom adopted the same model before other major countries.
Due to the e-commerce boom, parcel delivery is growing across Europe, particularly in countries like the United Kingdom and Germany. Many courier and postal firms face considerable challenges as a result of the increased shipment volume. The growing demand for delivered goods is promoting the use of automation in sorting and handling shipping items, thereby boosting the demand for parcel sortation systems.
Along with the e-commerce boom, the aviation industry in the United Kingdom drives the market for parcel sortation systems. Four major UK airports have announced expansion plans to accommodate increased passenger traffic.
- For example, Gatwick Airport launched a new EUR 1.1 billion expansion plan over five years, with the goal of increasing passenger counts by about 53 million by 2024.
Moreover, Germany is contributing considerably to the market growth in Europe. The country is increasingly adopting automation technologies to boost the distribution process.
What Allows the United States to Dominate the North American Market?
The demand for parcel sortation systems in North America is rapidly increasing. In North America, automation of warehouse and order fulfillment processes has become the major technique for ensuring supply chain productivity and financial goals while improving customer service standards.
The United States market garnered US$ 322.1 million in 2022. Over the next ten years, the United States is expected to dominate the North American market. Organizations across the United States boost order accuracy by automating distribution operations. Moreover, organizations that automate their operations see a significant drop in operational expenses and a notable increase in service levels, which immediately impacts overall profitability.
Why are Parcel Sortation Systems in High Demand in Japan and South Korea?
The demand for parcel sortation systems is expected to grow in Asia Pacific during the study period. This is due to the rapidly rising retail and e-commerce industries in developing nations.
Japan and South Korea are projected to promote market growth in Asia Pacific. With the growth of online shopping portals, businesses in these countries have had to manage massive volumes of deliveries that must be delivered on time to their customers' doors. As a result, parcel sortation systems are in high demand in Japan and South Korea.
Parcel sortation systems add value by sorting parcels and automating several activities within a warehouse and supply chain management process like re-allocation and order fulfillment, all while seamlessly connecting with existing e-commerce platforms.
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Category-wise Insights
How is the e-Commerce Industry Driving the Demand for Parcel Sortation Systems?
The demand for parcel sortation systems is skyrocketing due to the rapidly growing e-commerce industry. This is due to a spike in the number of internet users buying products through online platforms. Moreover, many retailers and wholesalers have begun automating their everyday operations to fulfill the scheduled delivery time.
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Competitive Landscape
The worldwide parcel sortation systems market is highly competitive and fragmented. Key manufacturers of parcel sortation systems are pursuing strategies such as product launches, heavy expenditure on research and development, partnerships, and acquisition to maintain and solidify their market presence.
- Invata Intralogistics opened a 406,000-square-foot omnichannel fulfillment center in Florence, New Jersey, for Destination Maternity Corporation in October 2022. The company designed, developed, and managed a warehouse automation system that handled all aspects of Destination Maternity's retail distribution, e-commerce fulfillment, wholesale distribution, and reverse logistics processing. Among the systems included were a Bomb Bay sorter supplying 600 discharge destinations at sortation speeds averaging 15,000 units per hour, 5 narrow belt sorters, 24v routing sorters, linear motion systems, machine interface stations, and 11 merges.
- Interroll Group released Split Tray Sorter in March 2022. For the automatic sortation of conveyed products weighing up to 12 kilograms, the innovative device ensured maximum availability, a very long service life, and quick payback times. With this, the company supplied appropriate solutions for logistics service providers as well as express, courier, and parcel service providers to increase the productivity of customer-oriented distribution centers by effectively segregating small parts from other transport items.
- Satake released the "NIRAMI series," its newest and largest optical sorter in terms of size and capacity, in June 2021. The latest high-performance Optical Sorter, "NIRAMI" from Satake, is designed to effectively sort grains, seeds, pulses, and a variety of other items. Nirami's different sizes, with extra-wide chutes and customizable configurations, make it perfect for a wide range of applications and processing capabilities. These newly developed optics detect and differentiate subtle color changes using RGB full-color cameras and optional infrared (IR) cameras.
- Interroll has expanded its successful portfolio of automated sortation solutions with the introduction of a new drop tray sorter, the Split Tray Sorter MT015S, in March 2021.
Key Segments of Parcel Sortation Systems Industry Research
-
By Component:
- Hardware
- Software
- Services
-
By Type:
- Linear
- Loop
-
By End Use:
- Logistics
- e-Commerce
- Airports
- Food & Beverages
- Other End Uses
-
By Region:
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
1. Global Market - Executive Summary 1.1. Global Market Overview 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Fact.MR Analysis and Recommendations 2. Global Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Introduction and Definition 3. Market Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis and Impact on 3.1.2. COVID-19 Crisis and Impact on Aprotic Solvent Prices 3.1.3. COVID-19 Impact Benchmark with Previous Crisis 3.1.3.1. Change in Demand 3.1.3.2. Before and After COVID-19 Crisis (Projected) 3.1.3.3. Before and After Sub-prime Crisis – 2008 (Actual) 3.1.3.4. Change in Demand post Recovery Period (After Each Crisis) 3.1.4. Impact on Market and Value (US$ Mn) 3.1.4.1. Likely Loss of Value in 2020 3.1.4.2. Mid-term and Long Term Forecast 3.1.4.3. Quarter by Quarter Demand and Recovery Assessment 3.1.5. Anticipated Demand and Value Recovery Curve 3.1.5.1. Likelihood of U-Shape Recovery 3.1.5.2. Likelihood of L-Shape Recovery 3.1.6. Recovery Period Assessment by Key Countries 3.1.7. Recovery Assessment by Key Market Segments 3.1.8. Action Points and Recommendations for Suppliers 3.1.9. Impact on Trade Balance 3.2. Key Trends Impacting the Market 3.3. Formulation and Component Development Trends 4. Market Background and foundation Data Points 4.1. Need of the Hour for Industries 4.2. Industry Wise Industry 4.0 4.3. – Strategic Priorities 4.4. Life Cycle Stage 4.5. Importance of Technology 4.6. Use Cases of 4.7. Forecast Factors: Relevance and Impact 4.8. Investment Feasibility Matrix 4.9. PESTLE Analysis 4.10. Porter’s Five Forces Analysis 4.11. Market Dynamics 4.11.1. Drivers 4.11.2. Restraints 4.11.3. Opportunity Analysis 4.11.4. Trend 5. Global Market Demand (US$ Mn) Analysis 2017-2021 and Forecast, 2022-2032 5.1. Historical Market Value (US$ Mn) Analysis, 2017-2021 5.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Component 6.1. Introduction / Key Findings 6.2. Historical Market Value (US$ Mn) Analysis By Component, 2017-2021 6.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Component, 2022-2032 6.3.1. Hardware 6.3.2. Software 6.3.3. Services 6.4. Market Attractiveness Analysis By Component 7. Global Market Analysis 2017-2021 and Forecast 2022-2032, by Type 7.1. Introduction / Key Findings 7.2. Historical Market Value (US$ Mn) Analysis By Type , 2017-2021 7.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Type, 2022-2032 7.3.1. Linear 7.3.2. Loop 7.4. Market Attractiveness Analysis By Type 8. Global Market Analysis 2017-2021 and Forecast 2022-2032, by End Use 8.1. Introduction / Key Findings 8.2. Historical Market Value (US$ Mn) Analysis By End Use, 2017-2021 8.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By End Use, 2022-2032 8.3.1. Logistics 8.3.2. e-Commerce 8.3.3. Airports 8.3.4. Food & Beverages 8.3.5. Other End Uses 8.4. Market Attractiveness Analysis By End Use 9. Global Market Analysis 2017-2021 and Forecast 2022-2032, by Region 9.1. Introduction / Key Findings 9.2. Historical Market Value (US$ Mn) Analysis By Region, 2017-2021 9.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 9.3.1. North America 9.3.2. Latin America 9.3.3. Europe 9.3.4. East Asia 9.3.5. South Asia & Oceania 9.3.6. Middle East and Africa (MEA) 9.4. Market Attractiveness Analysis By Region 10. North America Market Analysis 2017-2021 and Forecast 2022-2032 10.1. Introduction / Key Findings 10.2. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 10.3. Market Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032 10.3.1. By Country 10.3.1.1. U.S. 10.3.1.2. Canada 10.3.2. By Component 10.3.3. By Type 10.4. Market Attractiveness Analysis 10.4.1. By Country 10.4.2. By Component 10.4.3. By Type 11. Latin America Market Analysis 2017-2021 and Forecast 2022-2032 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 11.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 11.3.1. By Country 11.3.1.1. Brazil 11.3.1.2. Mexico 11.3.1.3. Rest of Latin America 11.3.2. By Component 11.3.3. By Type 11.3.4. By End Use 11.4. Market Attractiveness Analysis 11.4.1. By Country 11.4.2. By Component 11.4.3. By Type 11.4.4. By End Use 12. Europe Market Analysis 2017-2021 and Forecast 2022-2032 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 12.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 12.3.1. By Country 12.3.1.1. Germany 12.3.1.2. France 12.3.1.3. Italy 12.3.1.4. Spain 12.3.1.5. UK 12.3.1.6. BENELUX 12.3.1.7. Russia 12.3.1.8. Rest of Europe 12.3.2. By Component 12.3.3. By Type 12.3.4. By End Use 12.4. Market Attractiveness Analysis 12.4.1. By Country 12.4.2. By Component 12.4.3. By Type 12.4.4. By End Use 13. East Asia Market Analysis 2017-2021 and Forecast 2022-2032 13.1. Introduction / Key Findings 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 13.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 13.3.1. By Country 13.3.1.1. China 13.3.1.2. Japan 13.3.1.3. South Korea 13.3.2. By Component 13.3.3. By Type 13.3.4. By End Use 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Component 13.4.3. By Type 13.4.4. By End Use 14. South Asia & Oceania Market Analysis 2017-2021 and Forecast 2022-2032 14.1. Introduction / Key Findings 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 14.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 14.3.1. By Country 14.3.1.1. India 14.3.1.2. Thailand 14.3.1.3. Malaysia 14.3.1.4. Singapore 14.3.1.5. Vietnam 14.3.1.6. ANZ 14.3.1.7. Rest of South Asia & Oceania 14.3.2. By Component 14.3.3. By Type 14.3.4. By End Use 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Component 14.4.3. By Type 14.4.4. By End Use 15. Middle East and Africa Market Analysis 2017-2021 and Forecast 2022-2032 15.1. Introduction / Key Findings 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021 15.3. Current and Future Market Value (US$ Mn) Analysis and Forecast By Region, 2022-2032 15.3.1. By Country 15.3.1.1. GCC Countries 15.3.1.2. South Africa 15.3.1.3. Israel 15.3.1.4. Rest of Middle East and Africa (MEA) 15.3.2. By Component 15.3.3. By Type 15.3.4. By End Use 15.4. Market Attractiveness Analysis 15.4.1. By Country 15.4.2. By Component 15.4.3. By Type 15.4.4. By End Use 16. Market Structure Analysis 16.1. Market Analysis by Tier of Companies 16.2. Market Concentration 16.3. Market Share Analysis of Top Players 16.4. Market Presence Analysis 17. Competition Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Competition Deep Dive 17.3.1. Alstef Automation S.A 17.3.1.1. Company Overview 17.3.1.2. Component overview 17.3.1.3. SWOT Analysis 17.3.1.4. Key Developments 17.3.2. Autotech Private Limited 17.3.2.1. Company Overview 17.3.2.2. Component overview 17.3.2.3. SWOT Analysis 17.3.2.4. Key Developments 17.3.3. Bastian Solutions, LLC 17.3.3.1. Company Overview 17.3.3.2. Component overview 17.3.3.3. SWOT Analysis 17.3.3.4. Key Developments 17.3.4. Beumer Group 17.3.4.1. Company Overview 17.3.4.2. Component overview 17.3.4.3. SWOT Analysis 17.3.4.4. Key Developments 17.3.5. Murata Machinery, Ltd 17.3.5.1. Company Overview 17.3.5.2. Component overview 17.3.5.3. SWOT Analysis 17.3.5.4. Key Developments 17.3.6. Honeywell International Inc 17.3.6.1. Company Overview 17.3.6.2. Component overview 17.3.6.3. SWOT Analysis 17.3.6.4. Key Developments 17.3.7. Böwe Systec GmbH 17.3.7.1. Company Overview 17.3.7.2. Component overview 17.3.7.3. SWOT Analysis 17.3.7.4. Key Developments 17.3.8. Daifuku Co. Ltd 17.3.8.1. Company Overview 17.3.8.2. Component overview 17.3.8.3. SWOT Analysis 17.3.8.4. Key Developments 17.3.9. Siemens Logistics GmbH 17.3.9.1. Company Overview 17.3.9.2. Component overview 17.3.9.3. SWOT Analysis 17.3.9.4. Key Developments 17.3.10. Dematic 17.3.10.1. Company Overview 17.3.10.2. Component overview 17.3.10.3. SWOT Analysis 17.3.10.4. Key Developments 17.3.11. Equinox 17.3.11.1. Company Overview 17.3.11.2. Component overview 17.3.11.3. SWOT Analysis 17.3.11.4. Key Developments 17.3.12. Falcon Fives 17.3.12.1. Company Overview 17.3.12.2. Component overview 17.3.12.3. SWOT Analysis 17.3.12.4. Key Developments 17.3.13. GBI Intralogistics, Inc 17.3.13.1. Company Overview 17.3.13.2. Component overview 17.3.13.3. SWOT Analysis 17.3.13.4. Key Developments 17.3.14. GreyOrange 17.3.14.1. Company Overview 17.3.14.2. Component overview 17.3.14.3. SWOT Analysis 17.3.14.4. Key Developments 17.3.15. Interroll Group 17.3.15.1. Company Overview 17.3.15.2. Component overview 17.3.15.3. SWOT Analysis 17.3.15.4. Key Developments 17.3.16. Intralox, L.L.C 17.3.16.1. Company Overview 17.3.16.2. Component overview 17.3.16.3. SWOT Analysis 17.3.16.4. Key Developments 17.3.17. Invata Intralogisitcs 17.3.17.1. Company Overview 17.3.17.2. Component overview 17.3.17.3. SWOT Analysis 17.3.17.4. Key Developments 18. Assumptions And Acronyms Used 19. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Component, 2017-2021
Table 02: Global Market Value (US$ Mn) Analysis, by Component, 2022-2032
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Component, 2022-2032
Table 04: Global Market Value (US$ Mn) Analysis, by Type, 2017-2021
Table 05: Global Market Value (US$ Mn) Analysis, by Type, 2022-2032
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Type, 2022-2032
Table 07: Global Market Value (US$ Mn) Analysis, by End Use, 2017-2021
Table 08: Global Market Value (US$ Mn) Analysis, by End Use, 2022-2032
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2032
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2017-2021
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2022-2032
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2022-2032
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2017-2021
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2022-2032
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032
Table 16: North America Market Value (US$ Mn) Analysis, by Component, 2017-2021
Table 17: North America Market Value (US$ Mn) Analysis, by Component, 2022-2032
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Component, 2022-2032
Table 19: North America Market Value (US$ Mn) Analysis, by Type, 2017-2021
Table 20: North America Market Value (US$ Mn) Analysis, by Type, 2022-2032
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Type, 2022-2032
Table 22: North America Market Value (US$ Mn) Analysis, by End Use, 2017-2021
Table 23: North America Market Value (US$ Mn) Analysis, by End Use, 2022-2032
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2032
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2017-2021
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2022-2032
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032
Table 28: Latin America Market Value (US$ Mn) Analysis, by Component, 2017-2021
Table 29: Latin America Market Value (US$ Mn) Analysis, by Component, 2022-2032
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Component, 2022-2032
Table 31: Latin America Market Value (US$ Mn) Analysis, by Type, 2017-2021
Table 32: Latin America Market Value (US$ Mn) Analysis, by Type, 2022-2032
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Type, 2022-2032
Table 34: Latin America Market Value (US$ Mn) Analysis, by End Use, 2017-2021
Table 35: Latin America Market Value (US$ Mn) Analysis, by End Use, 2022-2032
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2032
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2017-2021
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2022-2032
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032
Table 40: Europe Market Value (US$ Mn) Analysis, by Component, 2017-2021
Table 41: Europe Market Value (US$ Mn) Analysis, by Component, 2022-2032
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Component, 2022-2032
Table 43: Europe Market Value (US$ Mn) Analysis, by Type, 2017-2021
Table 44: Europe Market Value (US$ Mn) Analysis, by Type, 2022-2032
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Type, 2022-2032
Table 46: Europe Market Value (US$ Mn) Analysis, by End Use, 2017-2021
Table 47: Europe Market Value (US$ Mn) Analysis, by End Use, 2022-2032
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2032
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2017-2021
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2022-2032
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032
Table 52: East Asia Market Value (US$ Mn) Analysis, by Component, 2017-2021
Table 53: East Asia Market Value (US$ Mn) Analysis, by Component, 2022-2032
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Component, 2022-2032
Table 55: East Asia Market Value (US$ Mn) Analysis, by Type, 2017-2021
Table 56: East Asia Market Value (US$ Mn) Analysis, by Type, 2022-2032
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Type, 2022-2032
Table 58: East Asia Market Value (US$ Mn) Analysis, by End Use, 2017-2021
Table 59: East Asia Market Value (US$ Mn) Analysis, by End Use, 2022-2032
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2032
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2017-2021
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2022-2032
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Component, 2017-2021
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Component, 2022-2032
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Component, 2022-2032
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2017-2021
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Type, 2022-2032
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Type, 2022-2032
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2017-2021
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2022-2032
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2032
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2017-2021
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2022-2032
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2022-2032
Table 76: MEA Market Value (US$ Mn) Analysis, by Component, 2017-2021
Table 77: MEA Market Value (US$ Mn) Analysis, by Component, 2022-2032
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Component, 2022-2032
Table 79: MEA Market Value (US$ Mn) Analysis, by Type, 2017-2021
Table 80: MEA Market Value (US$ Mn) Analysis, by Type, 2022-2032
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Type, 2022-2032
Table 82: MEA Market Value (US$ Mn) Analysis, by End Use, 2017-2021
Table 83: MEA Market Value (US$ Mn) Analysis, by End Use, 2022-2032
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022-2032
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2017-2032
Figure 04: Global Market Incremental $ Opportunity, 2022-2032
Figure 05: Global Market Share and BPS Analysis by Component, 2022 & 2032
Figure 06: Global Market Y-o-Y Growth Projections by Component, 2022-2032
Figure 07: Global Market Attractiveness Analysis by Component, 2022-2032
Figure 08: Global Market Share and BPS Analysis by Type, 2022 & 2032
Figure 09: Global Market Y-o-Y Growth Projections by Type, 2022-2032
Figure 10: Global Market Attractiveness Analysis by Type, 2022-2032
Figure 11: Global Market Share and BPS Analysis by End Use, 2022 & 2032
Figure 12: Global Market Y-o-Y Growth Projections by End Use, 2022-2032
Figure 13: Global Market Attractiveness Analysis by End Use, 2022-2032
Figure 14: Global Market Share and BPS Analysis by Region, 2022 & 2032
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2022-2032
Figure 16: Global Market Attractiveness Analysis by Region, 2022-2032
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2032
Figure 20: North America Market Incremental $ Opportunity, 2022-2032
Figure 21: North America Market Share Analysis by Country, 2022 & 2032
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2022-2032
Figure 23: North America Market Attractiveness Analysis by Country, 2022-2032
Figure 24: North America Market Share and BPS Analysis by Component, 2022 & 2032
Figure 25: North America Market Y-o-Y Growth Projections by Component, 2022-2032
Figure 26: North America Market Attractiveness Analysis by Component, 2022-2032
Figure 27: North America Market Share and BPS Analysis by Type, 2022 & 2032
Figure 28: North America Market Y-o-Y Growth Projections by Type, 2022-2032
Figure 29: North America Market Attractiveness Analysis by Type, 2022-2032
Figure 30: North America Market Share and BPS Analysis by End Use, 2022 & 2032
Figure 31: North America Market Y-o-Y Growth Projections by End Use, 2022-2032
Figure 32: North America Market Attractiveness Analysis by End Use, 2022-2032
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2017-2032
Figure 36: Latin America Market Incremental $ Opportunity, 2022-2032
Figure 37: Latin America Market Share Analysis by Country, 2022 & 2032
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2022-2032
Figure 39: Latin America Market Attractiveness Analysis by Country, 2022-2032
Figure 40: Latin America Market Share and BPS Analysis by Component, 2022 & 2032
Figure 41: Latin America Market Y-o-Y Growth Projections by Component, 2022-2032
Figure 42: Latin America Market Attractiveness Analysis by Component, 2022-2032
Figure 43: Latin America Market Share and BPS Analysis by Type, 2022 & 2032
Figure 44: Latin America Market Y-o-Y Growth Projections by Type, 2022-2032
Figure 45: Latin America Market Attractiveness Analysis by Type, 2022-2032
Figure 46: Latin America Market Share and BPS Analysis by End Use, 2022 & 2032
Figure 47: Latin America Market Y-o-Y Growth Projections by End Use, 2022-2032
Figure 48: Latin America Market Attractiveness Analysis by End Use, 2022-2032
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2017-2032
Figure 52: Europe Market Incremental $ Opportunity, 2022-2032
Figure 53: Europe Market Share Analysis by Country, 2022 & 2032
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2022-2032
Figure 55: Europe Market Attractiveness Analysis by Country, 2022-2032
Figure 56: Europe Market Share and BPS Analysis by Component, 2022 & 2032
Figure 57: Europe Market Y-o-Y Growth Projections by Component, 2022-2032
Figure 58: Europe Market Attractiveness Analysis by Component, 2022-2032
Figure 59: Europe Market Share and BPS Analysis by Type, 2022 & 2032
Figure 60: Europe Market Y-o-Y Growth Projections by Type, 2022-2032
Figure 61: Europe Market Attractiveness Analysis by Type, 2022-2032
Figure 62: Europe Market Share and BPS Analysis by End Use, 2022 & 2032
Figure 63: Europe Market Y-o-Y Growth Projections by End Use, 2022-2032
Figure 64: Europe Market Attractiveness Analysis by End Use, 2022-2032
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2017-2032
Figure 68: East Asia Market Incremental $ Opportunity, 2022-2032
Figure 69: East Asia Market Share Analysis by Country, 2022 & 2032
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2022-2032
Figure 71: East Asia Market Attractiveness Analysis by Country, 2022-2032
Figure 72: East Asia Market Share and BPS Analysis by Component, 2022 & 2032
Figure 73: East Asia Market Y-o-Y Growth Projections by Component, 2022-2032
Figure 74: East Asia Market Attractiveness Analysis by Component, 2022-2032
Figure 75: East Asia Market Share and BPS Analysis by Type, 2022 & 2032
Figure 76: East Asia Market Y-o-Y Growth Projections by Type, 2022-2032
Figure 77: East Asia Market Attractiveness Analysis by Type, 2022-2032
Figure 78: East Asia Market Share and BPS Analysis by End Use, 2022 & 2032
Figure 79: East Asia Market Y-o-Y Growth Projections by End Use, 2022-2032
Figure 80: East Asia Market Attractiveness Analysis by End Use, 2022-2032
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2017-2032
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2022-2032
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2022 & 2032
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2022-2032
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2022-2032
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Component, 2022 & 2032
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Component, 2022-2032
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Component, 2022-2032
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Type, 2022 & 2032
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Type, 2022-2032
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Type, 2022-2032
Figure 94: South Asia & Oceania Market Share and BPS Analysis by End Use, 2022 & 2032
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by End Use, 2022-2032
Figure 96: South Asia & Oceania Market Attractiveness Analysis by End Use, 2022-2032
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2017-2021
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2022-2032
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2017-2032
Figure 100: MEA Market Incremental $ Opportunity, 2022-2032
Figure 101: MEA Market Share Analysis by Country, 2022 & 2032
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2022-2032
Figure 103: MEA Market Attractiveness Analysis by Country, 2022-2032
Figure 104: MEA Market Share and BPS Analysis by Component, 2022 & 2032
Figure 105: MEA Market Y-o-Y Growth Projections by Component, 2022-2032
Figure 106: MEA Market Attractiveness Analysis by Component, 2022-2032
Figure 107: MEA Market Share and BPS Analysis by Type, 2022 & 2032
Figure 108: MEA Market Y-o-Y Growth Projections by Type, 2022-2032
Figure 109: MEA Market Attractiveness Analysis by Type, 2022-2032
Figure 110: MEA Market Share and BPS Analysis by End Use, 2022 & 2032
Figure 111: MEA Market Y-o-Y Growth Projections by End Use, 2022-2032
Figure 112: MEA Market Attractiveness Analysis by End Use, 2022-2032
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- FAQs -
What is the market value of parcel sortation systems in 2022?
The global parcel sortation systems market is valued at US$ 1.4 billion in 2022.
What is the future value of the global parcel sortation systems market?
Demand for parcel sortation systems is likely to touch US$ 2.7 billion by 2032.
At what CAGR is the parcel sortation systems market predicted to develop?
Worldwide sales of parcel sortation systems are anticipated to increase at a CAGR of 6.7% during the forecast period.
How fast is the European market expected to expand?
The European market is estimated to develop at a CAGR of 5.4% from 2022 to 2032.
Who are the leading players operating in the parcel sortation systems market?
Alstef Automation S.A, Autotech Private Limited, Bastian Solutions, LLC, Beumer Group, Murata Machinery, Ltd, Honeywell International Inc, Böwe Systec GmbH, Daifuku Co. Ltd, Siemens Logistics GmbH, Dematic, Equinox, Falcon Fives, GBI Intralogistics, Inc,
Parcel Sortation Systems Market