Consumer & Luxury Goods Market Research News

New report shares details about the parcel sortation systems market to hit 9.3% CAGR and projected to reach US$ 2.05 billion by 2023

Consumer Market Research

Parcel sortation systems market comprises component manufacturers, system integrators, and distributors. Some of the major players that manufacture and develop parcel sortation systems and solutions are Dematic (US), Muratec (Japan), Vanderlande (Netherlands), BEUMER Group (Germany), Intelligrated (US), Fives (France), Bastian Solutions (US), Siemens (Germany), Interroll (Germany), and Invata Intralogisitcs (US).

- Advertising -

Download Brochure of Parcel Sortation Systems Market spread across 160 Pages, Profiling 12 Companies and Supported with 67 Tables and 49 Figures is now available at www.rnrmarketresearch.com/contacts…ple?rname=1444124 .

Parcel sortation systems market was valued at USD 1.21 Billion in 2017 and is expected to reach USD 2.05 Billion by 2023, at a CAGR of 9.3% during forecast period. Base year considered for study is 2017, & forecast period is between 2018 & 2023.

Factors such as increasing labor costs, rising industrial automation, & growth in e-commerce are expected to drive growth of parcel sortation systems market during forecast period.

- Advertising -

Key Target Audience of the Report:

  • Distributors of parcel sorter systems
  • Government bodies, venture capitalists, and private equity firms
  • Manufacturers of processors, cameras, sensors, diverters,  electrical and mechanical components, and displays
  • Parcel sorter designers and manufacturers
  • Logistics and e-commerce industries
  • Research organizations and consulting companies
  • System integrators
  • Technology consultants
  • Value-added resellers

Objective of the report is to provide a detailed analysis of parcel sortation systems market based on type, offering, end user, and geography. Report provides detailed information regarding major factors, such as drivers, restraints, opportunities, & challenges, influencing growth of parcel sortation systems market.

It also provides a detailed overview of value chain pertaining parcel sortation systems market.

Click Here for More Information on Parcel Sortation Systems Market with Forecast and Company Profiles at www.rnrmarketresearch.com/contacts…ing?rname=1444124 .

The research methodology used to estimate and forecast the parcel sortation systems market begins with capturing data on key vendor revenues through secondary sources such as British Automation & Robot Association, Singapore Industrial Automation Association (SIAA), Automation Federation, Automation Industry Association (AIA), International Society of Automation (ISA), and press releases, investor relation presentations, and annual reports of companies.

Premium Insights

1 Attractive Opportunities in the Parcel Sortation Systems Market

2 Parcel Sortation Systems Market in Europe, By Country and End User

3 Parcel Sortation Systems Market, By Offering

4 Parcel Sortation Systems Market, By Type

5 Parcel Sortation Systems Market, By Geography

Competitive Landscape

1 Introduction

2 Market Ranking Analysis: Parcel Sortation Systems Market

3 Competitive Scenario

4 Expansions

5 Product Launches and Developments

6 Acquisitions

7 Partnerships, Collaborations, Contracts, and Joint Ventures

Parcel sortation systems market for loop parcel sortation systems is expected to grow at a higher CAGR between 2018 and 2023. The growth of this market can be attributed to the benefits offered by loop parcel sortation systems in terms of optimum space utilization, which makes them ideal for small and midsized warehouses and distribution centers.

Connect for More Details for More Information “Parcel Sortation Systems Market by Type (Linear, Narrow Belt Sorters, Shoe Sorters, Small Parcel Sorters, and Loop, Cross-Belt Sorters Tilt Tray Sorters), Offering (Hardware, Software, and Services), End User Industry, and Geography - Global Forecast to 2023” report @ www.rnrmarketresearch.com/contacts…unt?rname=1444124 .

Parcel sortation systems market in APAC expected to grow at highest CAGR between 2018 and 2023. China, South Korea, and Australia are some of prominent countries driving growth of parcel sortation systems market in APAC.

Increasing penetration of e-commerce & logistics companies & new airport construction projects in several countries in this region are driving growth of parcel sortation systems market in APAC.

Key Benefits of Getting the Report:

  • Illustrative segmentation, analysis, and forecast for the market based on type, offering, end-user industry, and geography have been conducted to offer an overall view of the parcel sortation systems market.
  • The value chain analysis has been performed to provide an in-depth insight into the parcel sortation systems market.
  • The report provides a detailed overview of major drivers, restraints, opportunities, and challenges influencing the growth of the parcel sortation systems market.
  • The report also includes the competitive landscape, along with in-depth analysis and revenues of key players.

News From

RnR Market Research - Market Research and Competitive Analysis ReportsRnR Market Research
Category: Market Research Publishers and RetailersCompany about: RnRMarketResearch.com is an online database of market research reports offers in-depth analysis of over 5000 market segments. The library has syndicated reports by leading market research publishers across the globe and also offer customized market research reports for multiple industries.