According to a market report by Lucintel, the future of the parcel sortation system market looks promising with opportunities in the logistics, e-commerce, airport, pharmaceutical and medical supply, and food & beverage industries. The global parcel sortation system market is expected to grow with a CAGR of 9% from 2021 to 2026. The major drivers for this market are increasing labor costs, rising industrial automation, and growth in e-commerce and e-trading.
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Linear parcel sortation system and loop parcel sortation system are the two types of system used in this market. Linear parcel sortation system will remain the largest type segment over the forecast period due to low noise, superior reliability, optimized layout, ease of maintenance, precision, low operating costs, and improved productivity.
Within the parcel sortation system market, the e-commerce industry is expected to witness the highest growth over the forecast period due to the increasing number of customer orders driving the need for automated sorting systems.
Europe will remain the largest region in the forecast period due to the presence of leading logistics and e-commerce companies and major parcel sortation system solution providers in this region.
Bastian Solutions, Equinox Mhe, Beumer Group, Dematic, Bowe Systec, Falcon Autotech, GBI Intralogistics, Intelligrated, OCM SRL, Siemens, and Solystic are some of the major parcel sortation system manufacturers.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global parcel sortation system market by offering, type, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Parcel sortation system Market 2021-2026: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global parcel sortation system market by offering, type, end use industry, and region as follows:
By Offering [$M shipment analysis for 2015 – 2026]:
Hardware
Processors
Cameras
Sensors
Electrical and mechanical components
Displays
Software
Services
By Type [$M shipment analysis for 2015 – 2026]:
Linear Parcel Sortation Systems
ARB Sorters
Linear/Vertical Belt Sorters
Pop-Up/Narrow Belt Sorters
Shoe Sorters
Small Parcel Sorters
Paddle Sorters
Pusher Sorters
Loop Parcel Sortation Systems
Cross-Belt Sorters (Horizontal)
Flat Sorters/Bomb Bay Sorters
Tilt Tray Sorters
By End Use Industry [$M shipment analysis for 2015 – 2026]:
Logistics
E-Commerce
Airports
Pharmaceuticals and Medical Supply
Food & Beverages
Others
By Region [$M shipment analysis for 2015 – 2026]:
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Asia Pacific
China
Japan
India
South Korea
The Rest of the World
This research report of more than 150 pages will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. We offer market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.