The Parcel Sorter Market size was estimated at USD 7.5 billion in 2022 and is expected to reach USD 10.5 billion by 2030 at a CAGR of 3.4% during the forecast period of 2023-2030.

The Parcel Sorter market report includes data on market production, market share, revenue, and growth rate for each major company, as well as breakdown data by regions, applications, and type history. The research also contains qualitative and quantitative evaluations of the market for the forecast period. The research report also covers a variety of company prospects and growth potential.

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KEY MARKET SEGMENT:

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

 

The Parcel Sorter market study provides an executive-level blueprint for the industry by providing insights into market risks or barriers, as well as the impact of numerous regulatory regimes. This is done with the intention of assisting industries in better planning their decisions and achieving their primary objectives. The global market report includes an in-depth analysis of the leading growth rate territory, an impression of geographical level break-up, regions with the highest market revenue, market size, position, upcoming technologies, geographical break-up, regulatory policies, as well as major company profiles and strategies.

 

Market Segmentation

The study segments the Parcel Sorter market by platform, product, capability, and geography to give readers a clear picture of the industry. On the basis of current and future trends, all segments of this Market have been examined. The global market is divided into four categories: company, type, application, and geography (country). For the time, the thorough segmental analysis focuses on revenue and forecasting by location (country), kind, and application.

 

Regional Outlook

In terms of geography, the Parcel Sorter market is divided into many main regions, with revenue, market share, sales, and market growth rates for each area. Europe, South America, North America, Asia-Pacific, and the Middle East and Africa are just a few of the regions covered. North America is predicted to maintain its dominance in the worldwide market and to achieve a significant market share in terms of both volume and value, whereas Latin America is expected to offer a somewhat low market share in terms of value.

 

Competitive Landscape

The worldwide Parcel Sorter market's competitive analysis section provides details and insights into the companies. Competition, market overview by firm status, and prognosis by region income earned in business are among the details included. To increase market revenue, these organizations use techniques such as product launches, collaborations, technical improvements, agreements, and partnerships. 

Koerber AG, Beumer Group, Pitney Bowes Inc, Vanderlande Industries B.V., Dematic, Honeywell International Inc, Interroll Group, Intralox, Fives Group (France), National Presort Inc. and Other Players.

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Conclusion

The research is based on first-hand information, qualitative and quantitative analysis by industry analysts, and input from market experts and important stakeholders throughout the value chain process. The research includes a segment-by-segment examination of parent industry trends, micro and macroeconomic indicators, and controlling variables, as well as market attractiveness. The research also depicts the qualitative impact of a number of market parameters on Parcel Sorter market segmentation and geography.

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