Parcel sortation system market offers several benefits including increased space utilization, lower per-packet processing-time, error free operations, end-to-end process transparency, predictability in handling the peaks, reduction in dependency on the skilled manpower and increased scalability. Parcel sortation system is being adopted in various industries including pharmaceutical, automotive, retail, food & beverage among others. Growing E-commerce sector also enhances the demand of this market

Parcel sortation systems market is expected to register a substantial CAGR of 9.6% during the forecast period of 2019-2026. This rise in market value can be attributed to the wide range of application of parcel sortation systems in several industrial segments. Technological advancement and automation is positively impacting the growth of the market in developing and developed regions.

Market Drivers and Restraints:

Growing industrial shift towards automation is escalating the market growth

Rising distribution overheads is driving the market growth

Growing adoption of E-Commerce and E-trading

Increasing demand of IOT technology is is another factor boosting the growth of the market in the forecast period

Higher maintenance cost and initial investment is expected to restrain the market growth

Data violation will hinder the overall sorting process hindering the market growth

Various government regulations against the automation in the industries can restrain the market demand               

The major players covered in the Parcel Sortation Systems Market

Few of the major competitors currently working in the global parcel sortation systems market are, GreyOrange pte ltd., Invata Intralogisitcs, Dematic, Murata Machinery, Ltd., Vanderlande Industries, BEUMER GROUP, Honeywell Intelligrated, Fives, Bastian Solutions, Inc., Siemens, SOLYSTIC SAS, BÖWE SYSTEC GmbH, Intralox, L.L.C, viastore, Okura Yusoki Co. Ltd., GBI Intralogistics, Inc., OCM Spa, Equinox, Falcon Autotech Private Limited, Pitney Bowes Inc. among others.

Major TOC Of The Report

Chapter One:  Parcel Sortation Systems Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three:  Global Parcel Sortation Systems Market  Competition, by Players

Chapter Four: Global Parcel Sortation Systems Market Size by Regions

Chapter Five: North America Parcel Sortation Systems Market Revenue by Countries

Chapter Six: Europe Parcel Sortation Systems Market Revenue by Countries

Chapter Seven: Asia-Pacific Parcel Sortation Systems Market Revenue by Countries

Chapter Eight: South America Parcel Sortation Systems Market Revenue by Countries

Key Report Highlights

Comprehensive pricing analysis based on different product types and regional segments

Market size data in terms of revenue and sales volume

Deep insights about regulatory and investment scenarios of the global Parcel Sortation Systems Market    

Analysis of market effect factors and their impact on the forecast and outlook of the global Parcel Sortation Systems Market    

The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Parcel Sortation Systems Market    

A roadmap of growth opportunities available in the global Parcel Sortation Systems Market with the identification of key factors

The exhaustive analysis of various trends of the global Parcel Sortation Systems Market    to help identify market developments

Key Questions Answered in Report:

What is the key to the Parcel Sortation Systems Market?

What will the Parcel Sortation Systems Market Demand and what will be Growth?

What are the latest opportunities for Parcel Sortation Systems Market in the future?

What are the strengths of the key players?

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