Parcel Sortation System Market Growth Report | 2022-2030
[Research Report] 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% from 2022 to 2030.
Analyst Perspective:
The parcel sortation system industry has changed considerably over the past few years with technological development. Automation technology has positively impacted several end use industries, and the adoption of different automated technologies is consistently growing in developed and developing regions. The manufacturing industry is one of the early adopters of automated technologies, which is majorly attributed to the increasing labor cost and aging population. The demand for parcel sortation systems among the end use industries is consistently growing due to the rapid increase of the production activity in manufacturing industries in order to meet the surging customer demands is fueling parcel sortation system market size.
Market Overview of Parcel Sortation System Market:
An increase in the production volume of consumer goods and significant development in the e-commerce sector are fueling the growth of the parcel sortation systems market. However, technological complexities associated with the use of parcel sortation systems are restraining the market growth. Further, growing demand for warehouse management systems and an overall reduction in the cost of parcel sortation systems are expected to offer ample opportunities to the parcel sortation system market players in the coming years.
With the continuous increase in the demand for parcel sortation systems, numerous players operating in the parcel sortation system market are investing in new warehouses in order to remain competitive. The companies are developing new products to hold their position in the global parcel sortation system market. For instance, Amazon announced a US$ 100 million logistics investment in opening new automated sorting system warehouses in Mexico, including its first shipping centers outside the populous capital area, to offer faster deliveries. The new sites include two fulfillment centers—near the northern city of Monterrey and the central city of Guadalajara. This platform provides a variety of options for product takeoff from sortation systems—horizontal, decline, powered, and gravity variants offer compact and controlled singulation. Also, Interroll developed a new infeed, which is expanding its modular platform solutions and enabling efficient material flow. The new infeed modules are designed to work with Interroll cross belt sorters.
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Parcel Sortation System Market: Strategic Insights
Market Size Value in US$ 2.34 billion in 2022 Market Size Value by US$ 4.07 billion by 2030 Growth rate CAGR of 7.1% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Parcel Sortation System Market: Strategic Insights
Market Size Value in | US$ 2.34 billion in 2022 |
Market Size Value by | US$ 4.07 billion by 2030 |
Growth rate | CAGR of 7.1% from 2022 to 2030 |
Forecast Period | 2022-2030 |
Base Year | 2022 |
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Speak to AnalystMarket Driver of Parcel Sortation System Market:
Rising Production Volume of Consumer Goods and Increasing Adoption of Automated Technologies
The rise in the global population is tremendously increasing the demand for multiple product categories in the automotive, pharmaceutical, retail, electronics, food & beverages, and many other industries. To cater to this rising demand, manufacturers are making several efforts to increase their production significantly, which is generating an extensive requirement for sorting and storage facilities. Warehouses, storage centers, and distribution centers play a vital role in maintaining stocks of consumer goods in various companies. Minimal damage to the products while storage, low storage costs, and ease of sorting are a few significant features of an efficient storage and sortation system, which are contributing to its demand among manufacturers and supply chain partners.
Moreover, the adoption of different automated technologies is consistently growing across the globe. The manufacturing industry is a major adopter of automated technologies owing to the increasing labor cost as well as the aging population. The automated technologies also facilitated the manufacturing industry to increase their production volume and generate high revenues. With the growing number of consumer goods, the parcel sortation facility centers are challenged by the inefficiency of the traditional parcel sortation systems, such as sorting huge volumes of parcels, shorter processing windows, and increasing technical errors. Hence, to overcome this challenge and easily sort the parcels in the designated segments, warehouses, logistics facility centers, airports, and dockyards are increasingly procuring automated technologies. This factor is fueling the parcel sortation systems market size.
Segmental Analysis of Parcel Sortation System Market:
Based on type, the parcel sortation system market is segmented into:
- Pop-Up Sorters
- Shoe Sorters
- Cross Belt Sorters
- Tilt Tray Sorters
- Pushtray
- Others
The cross belt sorters segment held the largest parcel sortation system market share in 2022. Cross belt sorters are among the quickest sorters available, capable of sorting up to 25,000 units per hour. This makes them an excellent solution for any process requiring high-speed sortation and throughput. Cross belt sorters have the potential to benefit e-commerce operations that involve processing many small orders containing small-cube goods. These systems are used in applications such as order fulfillment, shipping, cross-docking, kitting, store returns and replenishment, mixed mail sorting, and inbound sortation to put away goods.
Regional Analysis of Parcel Sortation System Market:
The global parcel sortation system market is broadly segmented into five major regions—North America, Europe, Asia Pacific, the MEA, and SAM. Europe has emerged as a dominant parcel sortation system market segment owing to a strong manufacturing base, high labor cost, and government initiatives promoting automation. Various other factors, such as proper distribution of sorting centers across major cities and hubs, facilitate cross-border parcel flows and the adoption of advanced systems, including robotics in automobile industries in Western Europe.
Asia Pacific is predicted to record the fastest-expanding parcel sortation system market during the forecast period. Huge population growth and a rise in disposable incomes are a few factors increasing parcel volumes in the region; hence, to manage such increased volume, logistics players are using advanced technologies such as parcel sortation systems. Also, rapidly developing e-commerce marketplaces are generating the need for efficient parcel sortation systems in the region. Further, the rising number of sorting centers in highly populated cities in China and India drives the Asia Pacific parcel sortation system market share.
Key Player Analysis:
Bastian Solutions, LLC; Daifuku Co., Ltd.; Dematic; Honeywell International Inc.; Murata Machinery, Ltd; Interroll Group; BEUMER GROUP; Viastore Systems; Vanderlande Industries B.V.; and Siemens Logistics GmbH are among the key parcel sortation system market players operating in the report. Among the players, Kuka AG, Fanuc Corp, ABB Ltd, Kawasaki Heavy Industries Ltd, and Yaskawa America Inc are the top five parcel sortation system market players owing to the diversified product portfolio offered.
Parcel Sortation System Market Report Scope
Recent Developments in Parcel Sortation System Market:
Inorganic and organic strategies such as acquisitions and mergers are being highly adopted by the companies operating in the parcel sortation system market. A few recent key parcel sortation system market developments are listed below:
- In March 2023, Siemens Logistics secured a contract to deploy its baggage handling and sorting technology at the new Terminal 2 (T2) in China’s Hefei Xinqiao Airport. Under the contract, Siemens Logistics will deliver its VarioTray Individual Carrier System to ensure seamless baggage handling.
- In November 2022, Beumer Group, an automated material handling system supplier, announced its plan to automate Helthjem’s new parcel terminal, the Norwegian express parcel delivery business. The Beumer system will mainly handle a majority of parcels when they are emptied into the system until they are sorted for further optimized distribution. The system will minimize annual handling, reducing the number of touchpoints for every parcel, which greatly affects the speed and accuracy of throughput.
- In 2021, BEUMER Group, a global supplier of automated material handling systems, supplied a third sortation system to the Hermes Midlands Super Hub in Rugby, capable of sorting up over a million parcels every day.
- In 2019, BEUMER Group signed a US$ 33 million agreement with Aruba Airport Authority N.V. Through the agreement, the company will offer the design and installation of a high-speed baggage transportation and sortation system at Aruba’s Queen Beatrix International Airport.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Europe has emerged as a dominant market for parcel sortation systems owing to a strong manufacturing base, high labor cost, and government initiatives promoting automation.
Introduction of cost-effective advanced parcel sortation system is the future trends of the Parcel sortation system market.
The cross belt sorters segment led the parcel sortation system market with a significant share in 2022 and shoe sorters is expected to grow with the highest CAGR.
The parcel sortation system market is expected to reach US$ 4.07 billion by 2030.
The key players, holding majority shares, in parcel sortation system market includes Bastian Solutions, LLC; Daifuku Co., Ltd.; Dematic; Honeywell International Inc; Murata Machinery, Ltd; Interroll Group; BEUMER GROUP; Viastore systems; Vanderlande Industries B.V.; and Siemens Logistics GmbH.
The parcel sortation system market was estimated to be US$ US$ 2.34 billion in 2022 and is projected to reach US$ 4.07 billion by 2030; it is expected to grow at a CAGR of 7.1% during 2022–2030.
Rising production volume of consumer goods and increasing adoption of automated technologies, significant rise in e-commerce business, and growing demand for high-performance hardware units are the driving factors impacting the parcel sortation system market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Parcel Sortation Systems Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 Component Providers:
4.3.2 System Integrators:
4.3.3 Consultants:
4.3.4 End-Users:
5. Parcel Sortation Systems Market - Key Industry Dynamics
5.1 Key Market Drivers:
5.1.1 Rising Production Volume of Consumer Goods and Increasing Adoption of Automated Technologies
5.1.2 Significant Rise in E-Commerce Business
5.1.3 Growing Demand for High-performance Hardware Units
5.2 Key Market Restraints:
5.2.1 Technological and Technical Complexities
5.2.2 High Installation and Maintenance Cost of Parcel Sorting Systems
5.3 Key Market Opportunities:
5.3.1 Integration of AI, Industry 4.0, and IoT with Parcel Sorting System
5.3.2 Rise in Demand for Warehouse Management Systems
5.4 Future Trend:
5.4.1 Introduction of Cost-effective Advanced Parcel Sortation System
5.5 Impact of Drivers And Restraints:
6. Parcel Sortation Systems Market - Global Market Analysis
6.1 Parcel Sortation Systems Market Share, By Region (%), 2020 and 2030
6.2 Parcel Sortation Systems Market Revenue (US$ Mn), 2020 – 2030
7. Parcel Sortation Systems Market Analysis – Type
7.1 Overview
7.2 Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
7.3 Pop-Up Sorter
7.3.1 Overview
7.3.2 Pop-Up Sorter: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.4 Shoe Sorter
7.4.1 Overview
7.4.2 Shoe Sorter: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.5 Cross Belt Sorter
7.5.1 Overview
7.5.2 Cross Belt Sorter: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.6 Tilt Tray Sorter
7.6.1 Overview
7.6.2 Tilt Tray Sorter: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.7 Pushtray Sorter
7.7.1 Overview
7.7.2 Pushtray Sorter: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8. Parcel Sortation Systems Market Analysis – Application
8.1 Overview
8.2 Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
8.3 Logistics
8.3.1 Overview
8.3.2 Logistics: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.4 E-Commerce
8.4.1 Overview
8.4.2 E-Commerce: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.5 Food & Beverage
8.5.1 Overview
8.5.2 Food & Beverage: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.6 Post & Parcel
8.6.1 Overview
8.6.2 Post & Parcel: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.7 Airport
8.7.1 Overview
8.7.2 Airport: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.8 Pharmaceutical
8.8.1 Overview
8.8.2 Pharmaceutical: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
9. Parcel Sortation Systems Market - Geographical Analysis
9.1 Overview
9.2 North America: Parcel Sortation Systems Market
9.2.1 North America: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
9.2.2 North America: Parcel Sortation Systems Market, by Type
9.2.3 North America: Parcel Sortation Systems Market, by Application
9.2.4 North America: Parcel Sortation Systems Market, by Key Country
9.2.4.1 US: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.2.4.1.1 US: Parcel Sortation Systems Market, By Type
9.2.4.1.2 US: Parcel Sortation Systems Market, By Type
9.2.4.1.3 US: Parcel Sortation Systems Market, By Application
9.2.4.2 Canada: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.2.4.2.1 Canada: Parcel Sortation Systems Market, By Type
9.2.4.2.2 Canada: Parcel Sortation Systems Market, By Type
9.2.4.2.3 Canada: Parcel Sortation Systems Market, By Application
9.2.4.3 Mexico: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.2.4.3.1 Mexico: Parcel Sortation Systems Market, By Type
9.2.4.3.2 Mexico: Parcel Sortation Systems Market, By Type
9.2.4.3.3 Mexico: Parcel Sortation Systems Market, By Application
9.3 Europe: Parcel Sortation Systems Market
9.3.1 Europe: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
9.3.2 Europe: Parcel Sortation Systems Market, by Type
9.3.3 Europe: Parcel Sortation Systems Market, by Application
9.3.4 Europe: Parcel Sortation Systems Market, by Key Country
9.3.4.1 Germany: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.3.4.1.1 Germany: Parcel Sortation Systems Market, By Type
9.3.4.1.2 Germany: Parcel Sortation Systems Market, By Type
9.3.4.1.3 Germany: Parcel Sortation Systems Market, By Application
9.3.4.2 France: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.3.4.2.1 France: Parcel Sortation Systems Market, By Type
9.3.4.2.2 France: Parcel Sortation Systems Market, By Type
9.3.4.2.3 France: Parcel Sortation Systems Market, By Application
9.3.4.3 Italy: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.3.4.3.1 Italy: Parcel Sortation Systems Market, By Type
9.3.4.3.2 Italy: Parcel Sortation Systems Market, By Type
9.3.4.3.3 Italy: Parcel Sortation Systems Market, By Application
9.3.4.4 UK: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.3.4.4.1 UK: Parcel Sortation Systems Market, By Type
9.3.4.4.2 UK: Parcel Sortation Systems Market, By Type
9.3.4.4.3 UK: Parcel Sortation Systems Market, By Application
9.3.4.5 Russia: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.3.4.5.1 Russia: Parcel Sortation Systems Market, By Type
9.3.4.5.2 Russia: Parcel Sortation Systems Market, By Type
9.3.4.5.3 Russia: Parcel Sortation Systems Market, By Application
9.3.4.6 Rest of Europe: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.3.4.6.1 Rest of Europe: Parcel Sortation Systems Market, By Type
9.3.4.6.2 Rest of Europe: Parcel Sortation Systems Market, By Type
9.3.4.6.3 Rest of Europe: Parcel Sortation Systems Market, By Application
9.4 Asia Pacific: Parcel Sortation Systems Market
9.4.1 Asia Pacific: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
9.4.2 Asia Pacific: Parcel Sortation Systems Market, by Type
9.4.3 Asia Pacific: Parcel Sortation Systems Market, by Application
9.4.4 Asia Pacific: Parcel Sortation Systems Market, by Key Country
9.4.4.1 Australia: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.4.4.1.1 Australia: Parcel Sortation Systems Market, By Type
9.4.4.1.2 Australia: Parcel Sortation Systems Market, By Type
9.4.4.1.3 Australia: Parcel Sortation Systems Market, By Application
9.4.4.2 China: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.4.4.2.1 China: Parcel Sortation Systems Market, By Type
9.4.4.2.2 China: Parcel Sortation Systems Market, By Type
9.4.4.2.3 China: Parcel Sortation Systems Market, By Application
9.4.4.3 India: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.4.4.3.1 India: Parcel Sortation Systems Market, By Type
9.4.4.3.2 India: Parcel Sortation Systems Market, By Type
9.4.4.3.3 India: Parcel Sortation Systems Market, By Application
9.4.4.4 Japan: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.4.4.4.1 Japan: Parcel Sortation Systems Market, By Type
9.4.4.4.2 Japan: Parcel Sortation Systems Market, By Type
9.4.4.4.3 Japan: Parcel Sortation Systems Market, By Application
9.4.4.5 South Korea: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.4.4.5.1 South Korea: Parcel Sortation Systems Market, By Type
9.4.4.5.2 South Korea: Parcel Sortation Systems Market, By Type
9.4.4.5.3 South Korea: Parcel Sortation Systems Market, By Application
9.4.4.6 Rest of APAC: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.4.4.6.1 Rest of APAC: Parcel Sortation Systems Market, By Type
9.4.4.6.2 Rest of APAC: Parcel Sortation Systems Market, By Type
9.4.4.6.3 Rest of APAC: Parcel Sortation Systems Market, By Application
9.5 Middle East & Africa: Parcel Sortation Systems Market
9.5.1 Middle East & Africa: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
9.5.2 Middle East & Africa: Parcel Sortation Systems Market, by Type
9.5.3 Middle East & Africa: Parcel Sortation Systems Market, by Application
9.5.4 Middle East & Africa: Parcel Sortation Systems Market, by Key Country
9.5.4.1 South Africa: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.5.4.1.1 South Africa: Parcel Sortation Systems Market, By Type
9.5.4.1.2 South Africa: Parcel Sortation Systems Market, By Type
9.5.4.1.3 South Africa: Parcel Sortation Systems Market, By Application
9.5.4.2 Saudi Arabia: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.5.4.2.1 Saudi Arabia: Parcel Sortation Systems Market, By Type
9.5.4.2.2 Saudi Arabia: Parcel Sortation Systems Market, By Type
9.5.4.2.3 Saudi Arabia: Parcel Sortation Systems Market, By Application
9.5.4.3 UAE: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.5.4.3.1 UAE: Parcel Sortation Systems Market, By Type
9.5.4.3.2 UAE: Parcel Sortation Systems Market, By Type
9.5.4.3.3 UAE: Parcel Sortation Systems Market, By Application
9.5.4.4 Rest of MEA: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.5.4.4.1 Rest of MEA: Parcel Sortation Systems Market, By Type
9.5.4.4.2 Rest of MEA: Parcel Sortation Systems Market, By Type
9.5.4.4.3 Rest of MEA: Parcel Sortation Systems Market, By Application
9.6 South America: Parcel Sortation Systems Market
9.6.1 South America: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
9.6.2 South America: Parcel Sortation Systems Market, by Type
9.6.3 South America: Parcel Sortation Systems Market, by Application
9.6.4 South America: Parcel Sortation Systems Market, by Key Country
9.6.4.1 Brazil: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.6.4.1.1 Brazil: Parcel Sortation Systems Market, By Type
9.6.4.1.2 Brazil: Parcel Sortation Systems Market, By Type
9.6.4.1.3 Brazil: Parcel Sortation Systems Market, By Application
9.6.4.2 Argentina: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.6.4.2.1 Argentina: Parcel Sortation Systems Market, By Type
9.6.4.2.2 Argentina: Parcel Sortation Systems Market, By Type
9.6.4.2.3 Argentina: Parcel Sortation Systems Market, By Application
9.6.4.3 Rest of SAM: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.6.4.3.1 Rest of SAM: Parcel Sortation Systems Market, By Type
9.6.4.3.2 Rest of SAM: Parcel Sortation Systems Market, By Type
9.6.4.3.3 Rest of SAM: Parcel Sortation Systems Market, By Application
10. Pre & Post Covid-19 Impact
10.1 Pre & Post Covid-19 Impact
11. Competitive Landscape
11.1 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions
13. Company Profiles
13.1 Siemens Logistics GmbH
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Honeywell International Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Bastian Solutions LLC
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Daifuku Co Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Dematic Corp
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Murata Machinery Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Interroll Holding GmbH
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 BEUMER Group GmbH & Co KG
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Vanderlande Industries BV
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Viastore SYSTEMS GmbH
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 Appendix
List of Tables
Table 1. Parcel Sortation Systems Market Segmentation
Table 2. Parcel Sortation Systems Market Revenue And Forecasts To 2030 (US$ Mn)
Table 3. Parcel Sortation Systems Market Sales And Forecasts To 2030 (Units)
Table 4. Global Parcel Sortation Systems Market, By Type - Revenue and Forecast to 2030 (US$ Million)
Table 5. Global Parcel Sortation Systems Market, By Type - Sales and Forecast to 2030 (Units)
Table 6. Global Parcel Sortation Systems Market, By Application - Revenue and Forecast to 2030 (US$ Million)
Table 7. North America: Parcel Sortation Systems Market, by Type Revenue and Forecast to 2030 (US$ Million)
Table 8. North America: Parcel Sortation Systems Market, by Type Sales and Forecast to 2030 (Units)
Table 9. North America: Parcel Sortation Systems Market, by Application Revenue and Forecast to 2030 (US$ Million)
Table 10. US: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 11. US: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 12. US: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 13. Canada: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 14. Canada: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 15. Canada: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 16. Mexico: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 17. Mexico: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 18. Mexico: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 19. Europe: Parcel Sortation Systems Market, by Type Revenue and Forecast to 2030 (US$ Million)
Table 20. Europe: Parcel Sortation Systems Market, by Type Sales and Forecast to 2030 (Units)
Table 21. Europe: Parcel Sortation Systems Market, by Application Revenue and Forecast to 2030 (US$ Million)
Table 22. Germany: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 23. Germany: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 24. Germany: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 25. France: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 26. France: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 27. France: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 28. Italy: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 29. Italy: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 30. Italy: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 31. UK: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 32. UK: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 33. UK: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 34. Russia: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 35. Russia: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 36. Russia: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 37. Rest of Europe: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 38. Rest of Europe: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 39. Rest of Europe: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 40. Asia Pacific: Parcel Sortation Systems Market, by Type Revenue and Forecast to 2030 (US$ Million)
Table 41. Asia Pacific: Parcel Sortation Systems Market, by Type Sales and Forecast to 2030 (Units)
Table 42. Asia Pacific: Parcel Sortation Systems Market, by Application Revenue and Forecast to 2030 (US$ Million)
Table 43. Australia: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 44. Australia: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 45. Australia: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 46. China: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 47. China: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 48. China: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 49. India: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 50. India: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 51. India: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 52. Japan: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 53. Japan: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 54. Japan: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 55. South Korea: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 56. South Korea: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 57. South Korea: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 58. Rest of APAC: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 59. Rest of APAC: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 60. Rest of APAC: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 61. Middle East & Africa: Parcel Sortation Systems Market, by Type Revenue and Forecast to 2030 (US$ Million)
Table 62. Middle East & Africa: Parcel Sortation Systems Market, by Type Sales and Forecast to 2030 (Units)
Table 63. Middle East & Africa: Parcel Sortation Systems Market, by Application Revenue and Forecast to 2030 (US$ Million)
Table 64. South Africa: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 65. South Africa: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 66. South Africa: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 67. Saudi Arabia: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 68. Saudi Arabia: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 69. Saudi Arabia: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 70. UAE: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 71. UAE: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 72. UAE: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 73. Rest of MEA: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 74. Rest of MEA: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 75. Rest of MEA: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 76. South America: Parcel Sortation Systems Market, by Type Revenue and Forecast to 2030 (US$ Million)
Table 77. South America: Parcel Sortation Systems Market, by Type Sales and Forecast to 2030 (Units)
Table 78. South America: Parcel Sortation Systems Market, by Application Revenue and Forecast to 2030 (US$ Million)
Table 79. Brazil: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 80. Brazil: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 81. Brazil: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 82. Argentina: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 83. Argentina: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 84. Argentina: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 85. Rest of SAM: Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 86. Rest of SAM: Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 87. Rest of SAM: Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
List of Figures
Figure 1. Parcel Sortation Systems Market Segmentation, By Geography
Figure 2. Parcel Sortation Systems Market - PEST Analysis
Figure 3. Parcel Sortation Systems Market - Ecosystem Analysis
Figure 4. Parcel Sortation Systems Market - Key Industry Dynamics
Figure 5. Impact Analysis of Drivers And Restraints
Figure 6. Parcel Sortation Systems Market Share, By Region (%), 2020 and 2030
Figure 7. Parcel Sortation Systems Market Revenue (US$ Mn), 2020 – 2030
Figure 8. Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
Figure 9. Pop-Up Sorter: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 10. Shoe Sorter: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 11. Cross Belt Sorter: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 12. Tilt Tray Sorter: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 13. Pushtray Sorter: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 14. Others: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 15. Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
Figure 16. Logistics: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 17. E-Commerce: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 18. Food & Beverage: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 19. Post & Parcel: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 20. Airport: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 21. Pharmaceutical: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 22. Others: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 23. Global Parcel Sortation Systems Market Revenue Share, By Region (2022 and 2030)
Figure 24. North America: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 25. North America Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
Figure 26. North America Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
Figure 27. North America Parcel Sortation Systems Market Revenue Share, By Key Country (2022 and 2030)
Figure 28. US: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 29. Canada: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 30. Mexico: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 31. Europe: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 32. Europe Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
Figure 33. Europe Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
Figure 34. Europe Parcel Sortation Systems Market Revenue Share, By Key Country (2022 and 2030)
Figure 35. Germany: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 36. France: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 37. Italy: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 38. UK: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 39. Russia: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 40. Rest of Europe: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 41. Asia Pacific: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 42. Asia Pacific Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
Figure 43. Asia Pacific Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
Figure 44. Asia Pacific Parcel Sortation Systems Market Revenue Share, By Key Country (2022 and 2030)
Figure 45. Australia: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 46. China: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 47. India: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 48. Japan: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 49. South Korea: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 50. Rest of APAC: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 51. Middle East & Africa: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 52. Middle East & Africa Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
Figure 53. Middle East & Africa Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
Figure 54. Middle East & Africa Parcel Sortation Systems Market Revenue Share, By Key Country (2022 and 2030)
Figure 55. South Africa: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 56. Saudi Arabia: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 57. UAE: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 58. Rest of MEA: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 59. South America: Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 60. South America Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
Figure 61. South America Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
Figure 62. South America Parcel Sortation Systems Market Revenue Share, By Key Country (2022 and 2030)
Figure 63. Brazil: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 64. Argentina: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 65. Rest of SAM: Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 66. Pre & Post Covid-19 Impact
Figure 67. Company Positioning & Concentration
The List of Companies - Parcel Sortation System Market
- 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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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