Global Parcel Sortation Systems Market Size & Outlook
The global parcel sortation systems market size was estimated at USD 2,009.4 million in 2023 and is projected to reach USD 3,661.5 million by 2030, growing at a CAGR of 9% 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
Software
Sortation Shoes
Conveyor Belts
Diverters
Scanners
Others
Service
Design and Consultation
Maintenance and Repair
Training, Installation, and Deployment
Type
Loop (Circular) Parcel Sortation System
Cross Belt Sorters
Tilt Tray Sorters
Others
Linear Parcel Sortation System
Others
Activated Roller Belt Sorters
Pop-Up Sorters
Shoe Sorters
Industry Vertical
Pharmaceuticals
Airports
Logistics
E-commerce
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 |
|---|---|---|---|---|
| Okura Yusoki Co. | View profile | 501-1000 | Kakogawa, Hyogo, Japan, Asia | https://www.okurayusoki.co.jp |
| Interroll Group | View profile | 1001-5000 | Bellinzona, Ticino, Switzerland, Europe | https://www.interroll.com/ |
| Honeywell International Inc. | View profile | - | - | - |
| Murata Machinery | View profile | 501-1000 | Kyoto, Kyoto, Japan, Asia | http://muratec.net/ |
| Dematic | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | http://www.dematic.com/en |
| Bastian Solutions | View profile | 1001-5000 | Indianapolis, Indiana, United States, North America | https://www.bastiansolutions.com/ |
| Equinox | View profile | 1-10 | Newport Beach, California, United States, North America | https://equinoxus.com/ |
| SSI SCHAEFER | View profile | 10001+ | Neunkirchen, Nordrhein-Westfalen, Germany, Europe | https://www.ssi-schaefer.com |
| Korber AG | View profile | 10001+ | Hamburg, Hamburg, Germany, Europe | https://www.koerber.com/en/ |
| Vanderlande | View profile | 1001-5000 | Veghel, Noord-Brabant, The Netherlands, Europe | https://www.vanderlande.com |
| BEUMER Group | View profile | 5001-10000 | Beckum, Nordrhein-Westfalen, Germany, Europe | https://www.beumergroup.com |
| TGW Logistics Group | View profile | 1001-5000 | Marchtrenk, Oberosterreich, Austria, Europe | http://www.tgw-group.com |
| Daifuku Co Ltd | View profile | 13020 | 3-2-11, Mitejima, Nishiyodogawa-ku,, Osaka, Japan, 555-0012 | http://www.daifuku.co.jp |
| KION GROUP AG | View profile | 42325 | Thea-Rasche-Strasse 8, Frankfurt am Main, HE, Germany, 60549 | https://www.kiongroup.com |
Global parcel sortation systems market size, by regions, 2018-2030 (US$M)
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