Parcel Sortation System Market

The report "Parcel Sortation System Market by Type (Activated Roller Belt Sorters, Pop Up Sorters, Shoe Sorters, Cross Belt Sorters, Tilt Tray Sorters), Offering (Hardware, Software, Services), Application (Logistics, E-commerce) - Global Forecast to 2028" The parcel sortation system industry size is expected to reach USD 2.8 billion by 2028 from USD 2.0 billion in 2023, at a CAGR of 7.0 % during the 2023–2028 period. The significant growth factors associated with the parcel sortation system industry is the thriving e-commerce industry and the growing adoption of parcel sortation system in the industry. Additionally, labor cost inflation and an increase in industrial automation is driving the need of a parcel sortation system industry. Furthermore, advancements in parcel sortation technologies using AI and ML, cost reduction, and favorable government policies and incentives are also contributing to the market's growth

Browse 183 market data Tables and 57 Figures spread through 236 Pages and in-depth TOC on "Parcel Sortation System Market by Type (Activated Roller Belt Sorters, Pop Up Sorters, Shoe Sorters, Cross Belt Sorters, Tilt Tray Sorters), Offering (Hardware, Software, Services), Application (Logistics, E-commerce) - Global Forecast to 2028"
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Parcel Sortation System Industry Segmentation

By Segment, Parcel Sortation System Industry for Linear Parcel Sortation System Type segment is expected to account for the largest share during the forecast period.

The linear parcel sortation system type majorly comprises activated roller belt sorters, pop up sorters, shoe sorters, paddle sorters, pusher sorters, and others. Companies that are looking for high-speed parcel sortation systems prefer linear parcel sortation systems. These systems use a linear conveyor system to transport packages and sort them efficiently based on predefined criteria. These systems offer high-speed sorting, accurate routing, and improved productivity, benefiting businesses and logistics operations.

By Application, Parcel Sortation System Industry for Logistics is projected to account for a significant share during the forecast period.

The leading position of logistics can be attributed to the increasing shipments of parcels and cartons and the growing need to deliver packages in the shortest timeframe. Deployment of advanced parcel sortation systems can give logistics companies a competitive advantage in the industry. Parcel sortation systems allow logistics companies to sort and route parcels rapidly, ensuring timely deliveries and also meeting customer expectations for fast shipping.

Regional Analysis of Parcel Sortation System Industry

By Region, Parcel Sortation System Industry in Asia Pacific is expected to register the highest CAGR during the forecast period.

Asia Pacific’s rapid economic growth, urbanization, and industrialization have resulted in higher adoption of automation. 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 system industry in Asia Pacifc. Moreover, the growth of the parcel sortation system industry in this region can be attributed to the tremendous growth of the e-commerce, food & beverage, and manufacturing industries in the emerging economies of China, Japan, India, and South Korea. Additionally, Governments in developing countries are taking steps to promote the growth of their countries’ communications infrastructure. Asia-Pacific is gradually becoming a manufacturing hub for many businesses because of the affordable labour and the high adoption rate of Industry 4.0.

Parcel Sortation System Industry - Key Players

The major companies in the parcel sortation system industry include Vanderlande (Netherlands), Beumer Group (Germany), Honeywell International (US), and Bastian Solutions (US), Fives (France). These companies have used both organic and inorganic growth strategies such as product launches, acquisitions, and partnerships to strengthen their position in the parcel sortation system industry.

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