Global Parcel Sortation Systems Market to reach a market size of $2.0 billion by 2023

Growth, Trends and Report Highlights

According to a new report Global Parcel Sortation Systems Market, published by KBV research, the Global Parcel Sortation Systems Market size is expected to reach $2.0 billion by 2023, rising at a market growth of 9.1% CAGR during the forecast period.

The Europe market holds the largest market share in Global Parcel Sortation Systems Market by Region in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 6.4 % during the forecast period. The North America market is expected to witness a CAGR of 6.8% during (2017 - 2023) in Global Cameras Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 10.5% during (2017 - 2023) in Global Displays Market.

The Linear Type market holds the largest market share in Global Parcel Sortation Systems Market by Type in 2016 and would continue to be a dominant market till 2023. The Loop Type market is expected to witness a CAGR of 13.3% during (2017 - 2023).

The Logistics market holds the largest market share in Global Parcel Sortation Systems Market by Vertical in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 8.1 % during the forecast period. The Airports market is expected to witness a CAGR of 9.8% during (2017 - 2023). Additionally, The Food & Beverages market would garner market value of $344.7 million by 2023.

Full Report: https://www.kbvresearch.com/parcel-sortation-systems-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Parcel Sortation Systems Market have been discussed in the report with the elaborated company profiles of Siemens AG, Vanderlande, BEUMER Group, Honeywell International, Inc. (Intelligrated), Bastian Solutions, LLC, Fives Group, KION Group (Dematic), Interroll, Muratec, and Invata Intralogistics, Inc.

Global Parcel Sortation Systems Market Segmentation

By Offering

• Hardware
  • Processors
  • Cameras
  • Sensors
  • Displays
  • Diverters
  • Others
• Software
• Services

By Type

• Loop Type
• Linear Type

By Vertical

• Logistics
• Pharmaceuticals & Medical Supply
• Airports
• E-Commerce
• Food & Beverages
• Others

By Geography

• North America Parcel Sortation Systems Market Size
  • US
  • Canada
  • Mexico
  • Rest of Global
• Europe Parcel Sortation Systems Market Size
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific Parcel Sortation Systems Market
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA Parcel Sortation Systems Market
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Siemens AG
• Vanderlande
• BEUMER Group
• Honeywell International, Inc. (Intelligrated)
• Bastian Solutions, LLC
• Fives Group
• KION Group (Dematic)
• Interroll
• Muratec
• Invata Intralogistics, Inc.

Unique Offerings from KBV Research

• Exhaustive coverage of Global
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free

Related Reports:

North America Parcel Sortation Systems Market (2017-2023)

Europe Parcel Sortation Systems Market (2017-2023)

Asia Pacific Parcel Sortation Systems Market (2017-2023)

LAMEA Parcel Sortation Systems Market (2017-2023)