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Parcel Sortation System Market Detailed Analysis of Current Scenario with Growth Forecasts to 2030

07-22-2024 03:42 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

Parcel Sortation System Market Size And Forecasts (2020 - 2030), Global And Regional Share, Trends, And Growth Opportunity Analysis Report Coverage: By Type (Pop-Up Sorters, Shoe Sorters, Cross Belt Sorters, Tilt Tray Sorters, Pushtray, And Others) And Application (Logistics Industry, E-Commerce Industry, Food & Beverages Industry, Post And Parcel Services, Airports, Pharmaceutical Industry, And Others) The parcel sortation system market size is expected to grow from US$ 2.34 billion in 2022 to US$ 4.07 billion by 2030; it is estimated to record a CAGR of 7.1% during 2022 to 2030

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Competitive Landscape: Parcel Sortation System Market:
The global manufacturing industry is expanding with a healthy pace as more and newer regions are investing to adopt manufacturing plants in their localities. The expansion in the manufacturing industry is expected to embrace technological advancements in order to enhance the plant productivity, maintain edge with the customers and gain a competitive advantage The expansion in the manufacturing industry is mainly driven by the economic growth worldwide. The technological revolution in the factories has been encouraging the manufacturing industries to further invest into emerging technologies to enhance their respective productivity and production cycles. Thus, the strong expansion in the manufacturing industry is likely to drive the demand for parcel sortation systems globally Emerging countries in APAC region are growing at an exponential rate as a result of favorable FDI rules, government incentives, and market participants' online initiatives. For example, in India, 100% FDI in B2B e-commerce is permitted through the automatic method, providing abundant growth potential for e-commerce businesses. Asia Pacific is expected to witness substantial industrial growth, including the logistics industry, which will boost the demand for parcel sorting systems and fuels the APAC parcel sortation system market share.

Bastian Solutions, LLC
Daifuku Co., Ltd.
Dematic
Honeywell International Inc
Murata Machinery, Ltd
Interroll Group
BEUMER GROUP
Viastore systems
Vanderlande Industries B.V.
Siemens Logistics GmbH

Chapter Details of Parcel Sortation System Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Parcel Sortation System Market Landscape
Part 04: Parcel Sortation System Market Sizing
Part 05: Parcel Sortation System Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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