Global Parcel Sortation Systems Market Size & Outlook
The parcel sortation systems industry worldwide is expected to reach a projected revenue of US$ 3,661.5 million by 2030. A compound annual growth rate of 9% is expected of the worldwide parcel sortation systems industry from 2024 to 2030.
Revenue, 2023 (US$M)
$2,009.4
Forecast, 2030 (US$M)
$3,661.5
CAGR, 2024 - 2030
9%
Report Coverage
Worldwide
Global parcel sortation systems market, 2018-2030 (US$M)
Global parcel sortation systems market highlights
- The global parcel sortation systems market generated a revenue of USD 2,009.4 million in 2023 and is expected to reach USD 3,661.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 2,009.4 million in 2023.
- Hardware is the most lucrative offering segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 2,009.4 million |
| Market revenue in 2030 | USD 3,661.5 million |
| Growth rate | 9% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, the North America accounted for 27.7% of the global parcel sortation systems market in 2023.
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Parcel Sortation Systems Market Scope
Parcel sortation systems market segmentation & scope
Sortation Shoes
Diverters
Scanners
Others
Software
Service
Design and Consultation
Training, Installation, and Deployment
Maintenance and Repair
Type
Linear Parcel Sortation System
Activated Roller Belt Sorters
Pop-Up Sorters
Shoe Sorters
Others
Loop (Circular) Parcel Sortation System
Cross Belt Sorters
Tilt Tray Sorters
Others
Industry Vertical
Logistics
E-commerce
Airports
Pharmaceuticals
Food & Beverages
Others
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Australia
China
India
Japan
South Korea
Thailand
Brazil
Argentina
UAE
South Africa
Saudi Arabia
Kuwait
Parcel Sortation Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global parcel sortation systems market size, by regions, 2018-2030 (US$M)
Related regional statistics
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