Dublin, April 24, 2019 (GLOBE NEWSWIRE) -- The "Parcel Sortation Systems Market to 2027 - Global Analysis and Forecasts by Type and End User" report has been added to ResearchAndMarkets.com's offering.
The global parcel sortation systems market is accounted to US$ 1.32 Bn in 2018 and is expected to grow at a CAGR of 9.1% during the forecast period 2019 - 2027, to account to US$ 3.09 Bn by 2027.
Parcel sortation system is adopted in a wide range of industries such as automotive, pharmaceutical, retail, electronics, and food & beverage including many other industries. Automation and technological development is positively impacting the market in developed and developing regions. North American countries witness significant growth in a number of warehouses, logistics and delivery centers, and logistics partners which have been beneficial for several parcel sortation systems providers.
Further, growth in the automotive and logistics industry in MEA demanding for efficient sortation systems which are boosting the parcel sortation systems market in this region. In SAM, an increase in the shipping market, the presence of a large base of consumer goods industry, and the adoption of E-commerce business is further supporting the market growth.
Europe is the leading region in the global market followed by North America in the parcel sortation systems market. Several advancements and developments are happening in the field of automation in several European countries. Also, economically strong countries like Germany, Italy, and the UK have witnessed significant growth in the implementation of technologically advanced solutions. Germany, Italy, France, and the UK are the potential growth markets for a variety of deployments of automated technologies in various applications.
Moreover, the automotive industry in Germany, the textile and manufacturing industries in Italy, and the electronics industry in the UK respectively have been using advanced parcel sortation systems for accuracy and efficiency in operations. These factors are contributing to the high growth of the parcel sortation systems market in this region.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Parcel Sortation Systems Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 Pest Analysis
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 Are Boosting the Parcel Sortation Systems Market
5.1.2 Significant Rise In E-Commerce Business Is Stimulating the Parcel Sortation System Market
5.2 Key Market Restraints
5.2.1 Technological Complexities Is Inhibiting the Parcel Sortation Systems Market
5.3 Key Market Opportunity:
5.3.1 Warehouse Management Systems To Accentuate the Demand For Parcel Sortation Systems In the Developing Countries
5.4 Key Future Trends:
5.4.1 Reduction In Cost of Technologically Advanced Parcel Sortation System
5.5 Impact Analysis
6. Parcel Sortation Systems - Global Market Analysis
6.1 Global Parcel Sortation Systems Market Overview
6.2 Global Parcel Sortation Systems Market Forecast and Analysis
6.3 Market Positioning/ Market Share
7. Global Parcel Sortation System Market Analysis - by Type
7.1 Overview
7.2 Global Parcel Sortation Systems Market Breakdown, by Type, 2018 & 2027
7.3 Linear Parcel Sortation Systems Market
7.4 Loop Parcel Sortation System Market
8. Global Parcel Sortation System Market Analysis - by End User Industry
8.1 Overview
8.2 Global Parcel Sortation System Market Breakdown, by End User Industry, 2018 & 2027
8.3 Logistics
8.4 E-Commerce
8.5 Food & Beverage
8.6 Post & Parcel
8.7 Airport
8.8 Pharmaceuticals
8.9 Others
9. Parcel Sortation Systems Market - Geographical Analysis
9.1 Overview
10. Industry Landscape
10.1 Mergers & Acquisitions
10.2 Martket Initiatives
10.3 New Product Development
11. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/ckhbk
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Related Topics: Logistics, Material Handling Equipment