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(USGovernment-News.Com, April 03, 2019 ) The global parcel sortation systems market is flourishing significantly in the recent years and the same is expected to experience exponential growth rate in the coming years. In the current market scenario, European end users have procured the maximum number of parcel sortation systems and the end users of parcel sortation systems in European countries are continuously investing substantial amounts in the adoption of the systems. This is primarily due to the noteworthy rise in the manufacturing of various consumer goods in different countries as well as the import activities.
The global parcel sortation systems market is heavily captured by several established companies as well as smaller tier2 companies across the globe. These companies are facilitating the parcel sortation end users such as logistics companies, manufacturing companies as well as warehouses and distribution centers among others, to meet the constantly increasing demand for timely delivery of their parcels. Also with an objective to sort the manufactured products efficiently and accurately, several manufacturing companies are also partnering with parcel sortation solution providers to integrate their sortation facility with advanced sortation technologies.
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global parcel sortation systems market.
- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
The global parcel sortation systems market is categorized on basis of different end user industry as logistics, E-commerce, food & beverages, post & parcel, airport, pharmaceutical and other. The other segment in the parcel sortation systems market include; electronics, automotive, and industrial manufacturing among others. The demand for parcel sortation systems among the end user industries is consistently growing attributing to the fact that, the manufacturing industries are rapidly increasing their production in order to meet the customer demands. Also with the growth in awareness related to E-commerce coupled with easy availability of internet and smartphones have propelled the online commerce segment.
Increase in the production volume of consumer goods is boosting the market for parcel sortation systems. Also, significant growth in E-commerce sector is also boosting the growth of the global market. However, technological complexities associated with the use of parcel sortation system may restrain the market growth during the forecast period. Further, growing demand in the warehouse management system and an overall reduction in the cost of parcel sortation system are expected to deliver ample growth opportunity to the industry players in the near future.
Global Parcel Sortation Systems Market - By Type
Linear Parcel Sortation System
Loop Parcel Sortation System
Global Parcel Sortation Systems Market - By End-User Industry
Logistics
E-Commerce
Food & Beverages
Post & Parcel
Airport
Pharmaceuticals
Others
Global Parcel Sortation Systems Market - By Geography
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