World Parcel Sortation Techniques Market Report 2022: Market to Attain $1.8 Billion by 2026


DUBLIN, April 14, 2022 /PRNewswire/ — The “Parcel Sortation Techniques – World Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s providing.

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World Parcel Sortation Techniques Market to Attain $1.8 Billion by 2026

Amid the COVID-19 disaster, the worldwide marketplace for Parcel Sortation Techniques estimated at US$1.3 Billion within the yr 2020, is projected to succeed in a revised measurement of US$1.8 Billion by 2026, rising at a CAGR of 6.7% over the evaluation interval.

Technological developments and automation are contributing in direction of optimistic progress of markets for parcel and mail options in each developed in addition to growing areas of the world. Particularly, important enhance within the adoption of the expertise by warehouse operators, logistic companions, supply facilities and logistics corporations inside regional international locations is spurring progress of the market.

{Hardware}, one of many segments analyzed within the report, is projected to develop at a 6.3% CAGR to succeed in US$984.8 Million by the top of the evaluation interval. After a radical evaluation of the enterprise implications of the pandemic and its induced financial disaster, progress within the Software program phase is readjusted to a revised 6.9% CAGR for the following 7-year interval. This phase at the moment accounts for a 33.2% share of the worldwide Parcel Sortation Techniques market.

The U.S. Market is Estimated at $306.1 Million by 2021, Whereas China is Forecast to Attain $237.9 Million by 2026

The Parcel Sortation Techniques market within the U.S. is estimated at US$306.1 Million within the yr 2021. The nation at the moment accounts for a 23.26% share within the world market. China, the world second largest economic system, is forecast to succeed in an estimated market measurement of US$237.9 Million within the yr 2026 trailing a CAGR of 8.5% by way of the evaluation interval.

Among the many different noteworthy geographic markets are Japan and Canada, every forecast to develop at 5.3% and 5.7% respectively over the evaluation interval. Inside Europe, Germany is forecast to develop at roughly 6.3% CAGR whereas Remainder of European market (as outlined within the research) will attain US$260.4 Million by the shut of the evaluation interval.

The market is predicted to be pushed by want for automation, excessive labor prices and quickly increasing e-commerce. Asian economies with giant inhabitants and important disposable incomes are anticipated maintain progress in e-commerce. The identical is prone to positively impression and spur progress within the parcel sortation methods market as effectively. A mature e-commerce business continues to broaden because it finds rising acceptance worldwide.

China and US alone account for over 60% of worldwide e-commerce. Ease of buy and handy supply choices have contributed to widespread acceptance of e-commerce. On-line buying has been largely pushed by the e-commerce revolution. Elevated smartphone utilization mixed with improved knowledge community has helped spur on-line buying business. On-line retailing has witnessed improvement of assist infrastructure equivalent to parcel warehouses and supply facilities. The postal business additionally requires greater ranges of automation for sorting parcels and their supply.

Whilst conventional postal mails have declined considerably in quantity, the business additionally faces a number of challenges each operational and design. As well as, the rising demand for warehouse administration methods is projected to propel progress in rising economies. Different key elements driving the market`s progress embody rising demand for automated applied sciences and the numerous progress being witnessed throughout the world e-commerce market.

Providers Phase to Attain $309.4 Million by 2026

Within the world Providers phase, USA, Canada, Japan, China and Europe will drive the 7.1% CAGR estimated for this phase. These regional markets accounting for a mixed market measurement of US$159.4 Million within the yr 2020 will attain a projected measurement of US$257.4 Million by the shut of the evaluation interval.

China will stay among the many quickest rising on this cluster of regional markets. Led by international locations equivalent to Australia, India, and South Korea, the market in Asia-Pacific is forecast to succeed in US$26.8 Million by the yr 2026, whereas Latin America will broaden at a 8.4% CAGR by way of the evaluation interval.

Key Matters Coated:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Impression of COVID-19 on the Parcel Trade

  • COVID-19 Pandemic Piles Up Big Backlogs for Parcel Trade within the US

  • Postal Service Delays within the USA

  • The Plight of South Korea’s Supply Employees throughout COVID-19

  • Automation is the Identify of the Recreation

  • An Introduction to Parcel Sortation Techniques

  • Sortation Techniques by Sort

  • Sortation Techniques for Postal Division

  • World Market Prospects & Outlook

  • E-Commerce to Allow Larger Market Penetration

  • Know-how to Drive New Improvements

  • AI to Energy New Options

  • Challenges and Development Alternatives

  • Market Segmentation

  • Developed Markets: Conventional Income Contributors for Parcel Sortation Techniques Market

  • Growing Markets to Turbo Cost Future Development within the Parcel Sortation Techniques Market

  • Aggressive Situation

  • Current Market Exercise

2. FOCUS ON SELECT PLAYERS (Whole 60 Featured)

  • Alstef Automation S.A.

  • Bastian Options, LLC

  • Beumer Group

  • Bowe Systec GmbH

  • Daifuku Co. Ltd.

  • Dematic

  • Equinox

  • Falcon Autotech Non-public Restricted

  • Fives

  • GBI Intralogistics, Inc.

  • GreyOrange

  • Honeywell Worldwide Inc

  • Interroll Group

  • Intralox, L.L.C

  • Invata Intralogisitcs

  • Murata Equipment, Ltd.

  • Okura Yusoki Co. Ltd.

  • Pitney Bowes Inc.

  • Siemens Logistics GmbH

  • Solystic SAS

  • Vanderlande Industries B.V.

  • Viastore Techniques

3. MARKET TRENDS & DRIVERS

  • Parcel Sorting Robots of Completely different Sizes Proliferate the Market

  • AI-Based mostly Robots for Parcel Sorting and Singulation Improves Productiveness

  • Interweaving Robotic Sorting Options Search Function

  • Circle Sorters & Line Sorters Proceed to Make Positive aspects

  • Superior Parcel Sortation Techniques Strengthen Order Fulfilment Course of

  • Parcel Provide Chain Traits Favor Market Growth

  • Rising Demand for Excessive-Quantity Parcel Sortation Techniques

  • Excessive-Velocity Parcel Sortation Techniques Make a Minimize

  • Parcel Sorting Techniques Set to Widen Footprint in CEP Trade

  • Automation of Parcel Sortation: Crucial for Logistics Enterprises

  • Ongoing Emphasis on Postal Automation Widens Alternatives for Parcel Sorters

  • Speedy Development of E-Commerce Trade Fuels Demand for Parcel Sortation Techniques

  • Various Features Affect Uptake of Sorting Techniques in eCommerce Area

  • Superior Sortation Techniques Come to the Fore to Deal with Rising Wants of eCommerce Enterprises

  • Rising E-Commerce Drives Demand for Automated G2P Techniques

  • Automated Parcel Supply Set to Remodel the Final Mile

  • Automated Parcel Sorting Options Set to Improve Addressable Market

  • Automated Sortation Techniques Improve Efficiencies and Decrease Prices

  • Know-how Developments & Improvements to Assist Future Growth of the Market

  • Rising Use of Sortation Techniques Throughout Various Domains Augments Parcel Sorting Techniques Demand

4. GLOBAL MARKET PERSPECTIVE

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For extra details about this report go to https://www.researchandmarkets.com/r/rcsnw0

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