North America Parcel Sortation System Market Forecast to 2030

North America Parcel Sortation System Market Forecast to 2030 – Regional Analysis – by Type (Pop-Up Sorters, Shoe Sorters, Cross Belt Sorters, Tilt Tray Sorters, Pushtray, and Others) and Application (Logistics Industry, E-Commerce Industry, Food & Beverages Industry, Post and Parcel Services, Airports, Pharmaceutical Industry, and Others)

Send Enquiry

$2,485$3,885

Description

The North America parcel sortation system market was valued at US$ 791.32 million in 2022 and is expected to reach US$ 1,235.77 million by 2030; it is estimated to grow at a CAGR of 5.7% from 2022 to 2030.

Rising Production Volume of Consumer Goods and Increasing Adoption of Automated Technologies Fuels the North America Parcel Sortation System Market

The rise in the global population is tremendously increasing the demand for multiple product categories in the automotive, pharmaceutical, retail, electronics, food & beverage, and many other industries. To cater to this rising demand, manufacturers are making several efforts to increase their production significantly, which is generating an extensive requirement for sorting and storage facilities. Warehouses, storage centers, and distribution centers play a vital role in maintaining stocks of consumer goods in various companies. Minimal damage to the products while storage, low storage costs, and ease of sorting are a few significant features of an efficient storage and sortation system, which are contributing to its demand among manufacturers and supply chain partners.

Moreover, the adoption of different automated technologies is consistently growing across the globe. The manufacturing industry is a major adopter of automated technologies owing to the increasing labor cost as well as the aging population. The automated technologies also facilitated the manufacturing industry to increase their production volume and generate high revenues. With the growing number of consumer goods, the parcel sortation facility centers are challenged by the inefficiency of the traditional parcel sortation systems, such as sorting huge volumes of parcels, shorter processing windows, and increasing technical errors. Hence, to overcome this challenge and easily sort the parcels in the designated segments, warehouses, logistics facility centers, airports, and dockyards are increasingly procuring automated technologies. This factor is driving the parcel sortation systems market.

North America Parcel Sortation System Market Overview

The North America parcel sortation system market is segmented into the US, Canada, and Mexico. The parcel sortation system market in North America has been growing steadily; it is driven by huge export-import volumes of various consumer goods, coupled with the trade agreements of North American countries with other countries. Also, the rise in e-commerce has resulted in a rise in the number of parcels, and a robust logistics infrastructure for air transportation systems has also boosted the parcel sortation system market in North America. Further, the presence of leading logistics companies such as UPS, FedEx, Amazon Logistics, and DHL Express, as well as a few major manufacturers of parcel sortation systems such as Bastian Solutions Inc; Honeywell Intelligrated; Tompkin Robotics; and Dematic, are boosting the parcel sortation system market in North America.

North America Parcel Sortation System Market Revenue and Forecast to 2030 (US$ Mn)

North America Parcel Sortation System Market Segmentation

The North America parcel sortation system market is segmented product type, application, and country.

Based on product type, the North America parcel sortation system market is segmented into pop-up sorters, shoe sorters, cross belt sorters, tilt tray sorters, pushtray, and others. The cross belt sorters segment held the largest market share in 2022.

Based on application, the North America parcel sortation system market is segmented into logistics industry, e-commerce industry, food & beverages industry, post and parcel services, airports, pharmaceutical industry, and others. The others segment held the largest market share in 2022.

Based on country, the North America parcel sortation system market is segmented into the US, Canada, and Mexico. The US dominated the North America parcel sortation system market share in 2022.

Bastian Solutions LLC, BEUMER Group GmbH & Co KG, Daifuku Co Ltd, Dematic Corp, Honeywell International Inc, Interroll Holding GmbH, Siemens Logistics GmbH, Vanderlande Industries BV, and Viastore SYSTEMS GmbH are some of the leading companies operating in the North America parcel sortation system market.

Summary Info

Industry:

Pricing options:

, ,

Publishing status:

Geographical coverage:

Year of Publication:

At 5.7% CAGR, the North America Parcel Sortation System Market is speculated to be worth US$ 1,235.77 million by 2030, says The Research Team

According to The Research Team’ research, the North America parcel sortation system market was valued at US$ 791.32 million in 2022 and is expected to reach US$ 1,235.77 million by 2030, registering a CAGR of 5.7% from 2022 to 2030. Significant rise in e-commerce business and growing demand for high-performance hardware units are among the critical factors attributed to the North America parcel sortation system market expansion.

Many parcel sortation systems manufacturers are integrating their products with advanced technologies to gain customer attraction. However, the integration of advanced technologies and software is increasing the upfront cost of the systems. Thus, these manufacturers are focusing on developing advanced parcel sortation systems with reduced prices of the final products as well as the cost involved in their maintenance. This factor is expected to substantially increase the procurement of such technologies, which can help the warehouses, airports, dockyards, and delivery centers in developing countries to efficiently sort the parcels. Thus, the introduction of cost-effective advanced parcel sortation systems is expected to fuel the parcel sortation systems market growth during the forecast period.

On the contrary, technological, and technical complexities hampers on the growth of North America parcel sortation system market.

Based on product type, the North America parcel sortation system market is segmented into pop-up sorters, shoe sorters, cross belt sorters, tilt tray sorters, pushtray, and others. The cross belt sorters segment held 30.9% share of North America parcel sortation system market in 2022, amassing US$ 244.69 million. It is projected to garner US$ 355.77 million by 2030 to expand at 4.8% CAGR during 2022–2030.

Based on application, the North America parcel sortation system market is segmented into logistics industry, e-commerce industry, food & beverages industry, post and parcel services, airports, pharmaceutical industry, and others. The others segment held 27.0% share of North America parcel sortation system market in 2022, amassing US$ 213.89 million. It is projected to garner US$ 317.52 million by 2030 to expand at 5.1% CAGR during 2022–2030.

Based on country, the North America parcel sortation system market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 61.9% share of North America parcel sortation system market in 2022. It was assessed at US$ 489.82 million in 2022 and is likely to hit US$ 760.00 million by 2030, exhibiting a CAGR of 5.6% during 2022–2030.

Key players operating in the North America parcel sortation system market are Bastian Solutions LLC, BEUMER Group GmbH & Co KG, Daifuku Co Ltd, Dematic Corp, Honeywell International Inc, Interroll Holding GmbH, Siemens Logistics GmbH, Vanderlande Industries BV, and Viastore SYSTEMS GmbH, among others.

In 2021, BEUMER Group, a global supplier of automated material handling systems, has supplied a third sortation system to the Hermes Midlands Super Hub in Rugby, capable of sorting up over a million parcels a day.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America parcel sortation systems market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America parcel sortation systems market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Parcel Sortation Systems Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Component Providers:
4.2.2 System Integrators:
4.2.3 Consultants:
4.2.4 End-Users:
5. North America 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
5.1.2 Significant Rise in E-Commerce Business
5.1.3 Growing Demand for High-performance Hardware Units
5.2 Key Market Restraints:
5.2.1 Technological and Technical Complexities
5.2.2 High Installation and Maintenance Cost of Parcel Sorting Systems
5.3 Key Market Opportunities:
5.3.1 Integration of AI, Industry 4.0, and IoT with Parcel Sorting System
5.3.2 Rise in Demand for Warehouse Management Systems
5.4 Future Trend:
5.4.1 Introduction of Cost-effective Advanced Parcel Sortation System
5.5 Impact of Drivers And Restraints:
6. Parcel Sortation Systems Market – North America Market Analysis
6.1 North America Parcel Sortation Systems Market Share, By Region (%), 2020 and 2030
6.2 North America Parcel Sortation Systems Market Revenue (US$ Mn), 2020 – 2030
7. North America Parcel Sortation Systems Market Analysis – Type
7.1 Overview
7.2 North America Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
7.3 Pop-Up Sorter
7.3.1 Overview
7.3.2 Pop-Up Sorter: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.4 Shoe Sorter
7.4.1 Overview
7.4.2 Shoe Sorter: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.5 Cross Belt Sorter
7.5.1 Overview
7.5.2 Cross Belt Sorter: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.6 Tilt Tray Sorter
7.6.1 Overview
7.6.2 Tilt Tray Sorter: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.7 Pushtray Sorter
7.7.1 Overview
7.7.2 Pushtray Sorter: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8. North America Parcel Sortation Systems Market Analysis – Application
8.1 Overview
8.2 North America Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
8.3 Logistics
8.3.1 Overview
8.3.2 Logistics: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.4 E-Commerce
8.4.1 Overview
8.4.2 E-Commerce: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.5 Food & Beverage
8.5.1 Overview
8.5.2 Food & Beverage: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.6 Post & Parcel
8.6.1 Overview
8.6.2 Post & Parcel: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.7 Airport
8.7.1 Overview
8.7.2 Airport: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.8 Pharmaceutical
8.8.1 Overview
8.8.2 Pharmaceutical: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.9 Others
8.9.1 Overview
8.9.2 Others: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
9. North America Parcel Sortation Systems Market – Country Analysis
9.1 Overview
9.1.1 North America Parcel Sortation Systems Market, by Key Country
9.1.1.1 US: North America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.1.1 US: North America Parcel Sortation Systems Market, By Type
9.1.1.1.2 US: North America Parcel Sortation Systems Market, By Type
9.1.1.1.3 US: North America Parcel Sortation Systems Market, By Application
9.1.1.2 Canada: North America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.2.1 Canada: North America Parcel Sortation Systems Market, By Type
9.1.1.2.2 Canada: North America Parcel Sortation Systems Market, By Type
9.1.1.2.3 Canada: North America Parcel Sortation Systems Market, By Application
9.1.1.3 Mexico: North America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
9.1.1.3.1 Mexico: North America Parcel Sortation Systems Market, By Type
9.1.1.3.2 Mexico: North America Parcel Sortation Systems Market, By Type
9.1.1.3.3 Mexico: North America Parcel Sortation Systems Market, By Application
10. Competitive Landscape
10.1 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Siemens Logistics GmbH
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Honeywell International Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Daifuku Co Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Dematic Corp
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Interroll Holding GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 BEUMER Group GmbH & Co KG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Vanderlande Industries BV
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Viastore SYSTEMS GmbH
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 Appendix

LIST OF TABLES

Table 1. North America Parcel Sortation Systems Market Segmentation
Table 2. North America Parcel Sortation Systems Market Revenue And Forecasts To 2030 (US$ Mn)
Table 3. North America Parcel Sortation Systems Market Sales And Forecasts To 2030 (Units)
Table 4. North America Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 5. North America Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 6. North America Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 7. US: North America Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 8. US: North America Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 9. US: North America Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 10. Canada: North America Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 11. Canada: North America Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 12. Canada: North America Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)
Table 13. Mexico: North America Parcel Sortation Systems Market, By Type – Revenue and Forecast to 2030 (US$ Million)
Table 14. Mexico: North America Parcel Sortation Systems Market, By Type – Sales and Forecast to 2030 (Units)
Table 15. Mexico: North America Parcel Sortation Systems Market, By Application – Revenue and Forecast to 2030 (US$ Million)

LIST OF FIGURES

Figure 1. North America Parcel Sortation Systems Market Segmentation, By Country
Figure 2. North America Parcel Sortation Systems Market – Ecosystem Analysis
Figure 3. North America Parcel Sortation Systems Market – Key Industry Dynamics
Figure 4. Impact Analysis of Drivers And Restraints
Figure 5. North America Parcel Sortation Systems Market Share, By Region (%), 2020 and 2030
Figure 6. North America Parcel Sortation Systems Market Revenue (US$ Mn), 2020 – 2030
Figure 7. North America Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
Figure 8. Pop-Up Sorter: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 9. Shoe Sorter: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 10. Cross Belt Sorter: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 11. Tilt Tray Sorter: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 12. Pushtray Sorter: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 13. Others: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 14. North America Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
Figure 15. Logistics: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 16. E-Commerce: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 17. Food & Beverage: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 18. Post & Parcel: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 19. Airport: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 20. Pharmaceutical: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 21. Others: North America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
Figure 22. North America Parcel Sortation Systems Market, by Key Country- Revenue (2022) (US$ Million)
Figure 23. North America Parcel Sortation Systems Market Revenue Share, By Key Country (2022 and 2030)
Figure 24. US: North America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 25. Canada: North America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 26. Mexico: North America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
Figure 27. Company Positioning & Concentration

The List of Companies – North America Parcel Sortation System Market

o BEUMER Group GmbH & Co KG
o Daifuku Co Ltd
o Dematic Corp
o Honeywell International Inc
o Interroll Holding GmbH
o Siemens Logistics GmbH
o Vanderlande Industries BV
o Viastore SYSTEMS GmbH

Reviews

There are no reviews yet.

Be the first to review “North America Parcel Sortation System Market Forecast to 2030”