[160 Pages Report] The 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 the forecast period. The base year considered for the study is 2017, and the forecast period is between 2018 and 2023. Factors such as increasing labor costs, rising industrial automation, and growth in e-commerce are expected to drive the growth of the market during the forecast period.

The objective of the report is to provide a detailed analysis of the parcel sortation systems market based on type, offering, end user, and geography. The report provides detailed information regarding the major factors, such as drivers, restraints, opportunities, and challenges, influencing the growth of the market. It also provides a detailed overview of the value chain pertaining the parcel sortation systems market.

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. The vendor offerings have also been considered to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global parcel sortation systems market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with experts such as VPs, directors, managers, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries is depicted in the following figure.

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The 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).

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

�This study answers several questions for the stakeholders, primarily which market segments to focus on in the next 2�6 years for prioritizing efforts and investments.�

Scope of the Report:

In this research report, the overall parcel sortation systems market has been segmented on the basis of type, offering, end-user industry, and geography.

By Offering

Hardware Processors Cameras Sensors Pressure sensors Analog flow sensors Displacement sensors Proximity sensors Optical sensors Diverters Electrical and mechanical components Displays

Software

Services

By Type

Linear Parcel Sortation Systems ARB sorters Linear/vertical belt sorters Pop-up/narrow belt sorters Shoe sorters Small parcel sorters Paddle sorters Pusher sorters

Loop Parcel Sortation Systems Cross-belt sorters (horizontal) Flat sorters/bomb bay sorters Tilt tray sorters



By End-User Industry

Logistics Courier Freight forwarding Postal services Storage and warehousing

E-Commerce

Airports International airports Domestic airports

Pharmaceuticals and Medical Supply Active pharmaceutical ingredient suppliers Drug manufacturers Distributors

Food & Beverages Unprocessed or minimally processed food Processed culinary ingredients Processed food

Others Footwear Apparel



By Geography

North America (the US, Canada, Mexico)

Europe (Germany, the UK, France, Russia, Rest of Europe)

APAC (China, South Korea, Japan, Australia, Rest of APAC)

RoW (the Middle East and Africa, South America)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company�s specific needs. The following customization options are available for the report:

Company Information:

Detailed analysis and profiling of additional market players (up to 5)

Market segmentation:

Country-level segmentation of parcel sortation systems market in Europe by Germany, UK, France, and Russia

The parcel sortation systems market is likely to be valued at USD 1.31 Billion in 2018 and is expected to reach USD 2.05 Billion by 2023, at a CAGR of 9.3% between 2018 and 2023. The growth of the market is propelled by increasing labor costs, rising industrial automation, and growth in e-commerce. Factors such as emerging application areas of parcel sorting systems and integration of Industry 4.0 and IoT with sorting systems are creating huge growth opportunities for the players in the parcel sortation systems market.

The parcel sortation systems market has been segmented on the basis of type, offering, end-user industry, and geography. Linear parcel sortation systems held a larger share of the parcel sortation systems market in 2017. This can be attributed to the benefits offered by linear parcel sortation systems in terms of their higher throughput capacity and ability to sort different kinds of parcels. These factors make linear parcel sortation systems an ideal solution for end-user companies that deal in parcels of different shapes and sizes. Linear parcel sortation systems can be further classified into ARB sorters, linear/vertical belt sorters, pop-up/narrow belt sorters, shoe sorters, small parcel sorters, paddle sorters, and pusher sorters.

Among all offerings, the parcel sortation systems market for services is expected to register the highest CAGR between 2018 and 2023. Frequent servicing requirements, in terms of hardware and software upgrades or capacity expansion, is the major factor driving the growth of the parcel sortation systems market for services.

Among all end-user industry, the parcel sortation systems market for e-commerce is expected to grow at the highest CAGR between 2018 and 2023. The growth of the parcel sortation systems market for this industry can be attributed to the exponential increase in the number of parcels to be sorted and delivered to customers worldwide.

Europe held the largest share of the parcel sortation systems market in 2017. Presence of prominent logistics and e-commerce companies and major parcel sortation systems solution providers in this region has led to the dominance of Europe in the parcel sortation systems market.

High deployment and maintenance costs are restraining the growth of the parcel sortation systems market. Top companies such as Dematic (US), Muratec (Japan), Vanderlande (Netherlands), BEUMER Group (Germany), Intelligrated (US), Fives (France), Bastian Solutions (US), Siemens (Germany), Interroll (Germany), and Invata Intralogisitcs (US) have adopted the strategies of partnerships and contracts, and expansions to strengthen their position in the market.

Dematic has adopted inorganic growth strategies to strengthen its position in the parcel sortation systems market. In November 2015, Dematic acquired Reddwerks, a US-based warehouse execution software provider; in January 2015, the company acquired FSU Investments Limited, a UK-based financial management firm, which holds a major stock in SDI Group Ltd, a UK-based provider of technological solutions to retail, e-commerce, and wholesale companies.

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