Parcel Sortation Systems Market Scope And Analysis

Report Code : TIPEL00002503
Category : Electronics and Semiconductor

Status : Published
No. of Pages : 176

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Parcel Sortation System Market Scope, Analysis, and Trends by 2030

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Parcel Sortation System Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 2.34 Billion
Market Size by 2030	US$ 4.07 Billion
Global CAGR (2022 - 2030)	7.1%
Historical Data	2020-2021
Forecast period	2023-2030
Segments Covered	By Type Pop-Up Sorters Shoe Sorters Cross Belt Sorters Tilt Tray Sorters Pushtray By Application Logistics Industry E-Commerce Industry Food & Beverages Industry Post and Parcel Services Airports Pharmaceutical Industry
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Bastian Solutions LLC Daifuku Co Ltd Dematic Honeywell International Inc Murata Machinery Ltd Interroll Group BEUMER GROUP Viastore systems Vanderlande Industries B V

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.