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Parcel Sorter Market Overview: Market Size, Share & Forecast to 2032

5 months ago
14

The Parcel Sorter Market has been expanding significantly in recent years, driven by various key factors. This report provides a comprehensive analysis of the market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.

Market Size & Growth:

  • The Parcel Sorter Market size reached a valuation of USD 3.00 billion in 2021.
  • The Parcel Sorter Market growth is projected to reach a valuation of USD 6.70 billion by 2029.
  • The Parcel Sorter Market share is expected to register a compound annual growth rate (CAGR) of 10.6% from 2021 to 2029.

Recent Key Trends:

  • Korber AG acquired Siemens Logistics, a subsidiary of Siemens AG. Siemens Logistics deals in the global mail and parcel business. The acquisition was done for approximately USD 569 million.
  • Interroll Group launched a new split tray sorter named MT015S. It is an automated sortation system, which is suitable for various industry verticals such as logistics, e-commerce, and pharmaceuticals. It has a weighing capacity of 12 kg. 
  • Beumer Group launched BG sorter Compact CB, a new compact cross belt sorter. It has a range of features such as flexibility, robust nature, easy integration, and energy efficiency.
  • Neetwk GmbH launched a new Optisorter Vertical Packet and parcel sorting system. It has features such as high performance system, space efficiency, easy operation, and smooth sorting system. The product was developed for industries such as logistics, e-commerce, and warehouse.
  • Daifuku Co Ltd signed an agreement with AFT Industries AG. Based in Germany, the company deals in the manufacturing and distribution of material handling systems and parcel sortation systems. The agreement was aimed at using parcel sortation systems for the automotive industry.

This Report includes a company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The data points provided are only related to the company's focus related to Parcel Sorter markets. Leading global Parcel Sorter market players and manufacturers are studied to give a brief idea about the competitions.

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Key Players:

  • Koerber AG (U.S.)
  • Beumer Group (Germany)
  • Pitney Bowes Inc (U.S.)
  • Vanderlande Industries B.V. (Netherlands)
  • Dematic (Kion Group AG) (Netherlands)
  • Honeywell International Inc (U.S.)
  • Interroll Group (Switzerland)
  • Intralox (Netherlands)
  • Fives Group (France)
  • National Presort Inc (U.S.)

Regional Trends:

  • North America: U.S., Canada, Mexico
  • Europe: Germany, U.K., France, Italy, Spain, Rest of Europe
  • Asia Pacific: China, Japan, India, South Korea, Australia, Rest of Asia Pacific
  • Latin America: Brazil, Argentina, Rest of Latin America
  • Middle East & Africa: GCC Countries, South Africa, Rest of MEA

Highlights of Our Report

Our report offers extensive market analysis, providing a deep dive into manufacturing capabilities, production volumes, and technological innovations within the Parcel Sorter Market. It includes detailed corporate insights with in-depth reviews of company profiles, highlighting major players and their strategic moves in this competitive landscape. The report also examines consumption trends to shed light on current demand dynamics and consumer preferences. Comprehensive segmentation details illustrate the market’s distribution across various end-user segments, applications, and industries. In addition, there is a thorough pricing evaluation that explores pricing structures and the key factors influencing market strategies. Finally, the report presents a forward-looking outlook, offering predictive insights into emerging trends, growth opportunities, and potential challenges that may shape the market’s future.

Market Segmentation:

By Type

  • Cross Belt Sorter
  • Shoe Sorter
  • Till Tray Sorter
  • Pusher Sorter
  • Others (Paddle Sorter, Parcel Singulator)

By Direction

  • Linear Parcel Sortation System
  • Loop Parcel Sortation System

By End-user

  • Logistics
  • E-commerce
  • Pharmaceutical & Medical Supply
  • Airports
  • Food & Beverages
  • Others

Key Drivers/ Restrains:

  • Drivers:
  • Growing e-commerce industry and the need for efficient logistics solutions driving the demand for advanced parcel sorting systems to enhance delivery speed and accuracy.
  • Technological advancements in automation and AI, improving the efficiency and precision of parcel sorting processes in warehouses and distribution centers.
  • Restraints:
  • High initial capital investment and installation costs associated with advanced parcel sorter systems may deter small and medium-sized logistics companies.
  • Challenges related to integrating new sorting systems with existing infrastructure and operations can limit market adoption.

In Summary:

The parcel sorter market is growing as e-commerce and logistics industries demand faster, more efficient sorting solutions. AI-powered automation, robotics, and machine vision technology are revolutionizing sorting processes. With the rising need for streamlined logistics, parcel sorter adoption is expected to increase significantly.

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About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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