Global Parcel Sorting System Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Parcel sortation automation involves the use of technology for package processing, taking care of many of the tasks that would be time-consuming and repetitive to do by hand.
According to our (Global Info Research) latest study, the global Parcel Sorting System market size was valued at US$ 1681 million in 2023 and is forecast to a readjusted size of USD 3939 million by 2030 with a CAGR of 13.1% during review period.
The asia-pacific region was the largest market owner of parcel sorting systems in 2018, with a market share of 42%, followed by Europe and North America, with market shares of 26% and 23%, respectively.In terms of application, it has the largest revenue in the logistics industry in recent years, ranked 2nd and 3rd in e-commerce and airport respectively, and its market share in 2018 is 31%, 27% and 19% respectively. Due to different strategies, the market share gap keeps widening.Over the next seven years, we expect global revenue to grow at a compound annual rate of 13%.At present, the quantity of goods of e-commerce has been increasing exponentially. The general management mode has been unable to correctly manage e-commerce warehouses, and the working speed of workers is far from keeping up with the market demand.The emergence of automatic sorting system is very clever to help e-commerce solve this big problem.The biggest advantage of the automatic sorting system is the automatic operation mode. Different from manual work, the automatic sorting system is more accurate and efficient, and its automatic operation mode can operate 24 hours a day.In the future, e-commerce industry will have a large number of demand for automatic sorting system, and the development prospect of automatic sorting system will be better and better.In this report, there are two types of parcel sorting system: horizontal cross belt sorting machine and vertical cross belt sorting machine.Horizontal cross-belt sorters are the main type of parcel sorting system, accounting for 68% of the global market share in 2018.The technology of parcel sorting system has been relatively mature, new enterprises cannot surpass the reputation and design of existing famous brands in a short time, and the technical and capital barriers in this industry are relatively high.The team therefore recommends that new entrants be carefully considered before entering the field.With the continuous development of science and technology, parcel sorting system will present the following characteristics in the future.Greatly reduce labor intensity, improve efficiency;Accurate sorting, few errors;Easy to assemble, with the characteristics of flexible layout, convenient maintenance, low cost advantages.With the implementation of the "area" initiative, the international competition, the development of logistics industry in China faces enormous challenges, in order to cope with the challenges, the domestic relevant departments and enterprises are also actively, using high technology content of facilities of logistics operations, will need more than two months of original international logistics distribution shortened from a week.But with the development of logistics industry in our country, the industry and consumers for the logistics service level and quality requirements also more and more high, this requires the sorting link of the logistics industry is more and more high quality, at the same time for sorting device selection requirement also gradually improve, from the original only look at to consider sorting equipment system efficiency, safety, environmental protection, maintenance and operation factors such as noise, power consumption, the application scope of automatic sorting system will be more and more widely.
This report is a detailed and comprehensive analysis for global Parcel Sorting System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Parcel Sorting System market size and forecasts, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K USD/Unit), 2019-2030
Global Parcel Sorting System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K USD/Unit), 2019-2030
Global Parcel Sorting System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K USD/Unit), 2019-2030
Global Parcel Sorting System market shares of main players, shipments in revenue ($ Million), sales quantity (Unit), and ASP (K USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Parcel Sorting System
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Parcel Sorting System market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Vanderlande, Honeywell, Siemens, BEUMER, Interroll, Fives, Dematic, Bastian Solutions,, Murata machinery, Okura Nikko Hotels, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Parcel Sorting System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Horizontal Cross - band Sorting Machine
Vertical Sross - band Sorting Machine
Market segment by Application
Logistics
Electronic Commerce
Airport
Medical
Food & beverage
Other
Major players covered
Vanderlande
Honeywell
Siemens
BEUMER
Interroll
Fives
Dematic
Bastian Solutions,
Murata machinery
Okura Nikko Hotels
Invata Intralogistics
GIEICOM
OMH
Better Convey
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Parcel Sorting System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Parcel Sorting System, with price, sales quantity, revenue, and global market share of Parcel Sorting System from 2019 to 2024.
Chapter 3, the Parcel Sorting System competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Parcel Sorting System breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Parcel Sorting System market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Parcel Sorting System.
Chapter 14 and 15, to describe Parcel Sorting System sales channel, distributors, customers, research findings and conclusion.