Global Parcel Sortation System Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Parcel Sortation System market was valued at US $ 1.21 billion in 2017 and is expected to reach US $ 2.05 billion by 2028, at an average annual average of 9% during the forecast period. A parcel sorting system is an automated process that identifies parcel items on a conveyor system and further diverts items to specific destinations with the aid of devices controlled by job-specific software. With the help of the parcel sorting system, the sender can save money and time and increase the effectiveness of order processing. Parcel sorting systems also help improve shipping accuracy, tracking and visibility. Parcel sorting system. Parcel sorting systems include package handling along with a variety of features that handle many time-consuming and repetitive tasks.

Company Profile

• Siemens
• Vanderlande
• Beumer
• Honeywell Intelligrated
• Bastian Solutions
• Fives Group
• Dematic
• Interroll
• Muratec
• Honeywell Intelligrated

Market Segmentation

By Type

• Horizontal Cross Strip Sorter
• Vertical Cross Strip Sorter

By Application

• Logistics
• Electronic Commerce
• Airport
• Drugs and Medical Supplies
• Food and Beverage
• Other

Scope of the Report

The research study analyzes the global Global Parcel Sortation System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Global Parcel Sortation System Market Report

1. What was the Global Parcel Sortation System Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Global Parcel Sortation System Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Parcel Sortation System Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.