What is Global Automated Packet and Parcel Sorting System Market?
The Global Automated Packet and Parcel Sorting System Market is a rapidly growing sector that focuses on the automation of sorting packets and parcels. This system is designed to streamline the process of sorting parcels and packets, making it more efficient and cost-effective. The system uses advanced technology to automatically sort parcels and packets based on their size, weight, and destination. This not only speeds up the sorting process but also reduces the chances of errors that can occur with manual sorting. The global market for this system is expanding as more businesses recognize the benefits of automation in their operations. The system is particularly beneficial for businesses that handle large volumes of parcels and packets, such as e-commerce companies, logistics firms, and postal operators.
Linear, Loop Sorters in the Global Automated Packet and Parcel Sorting System Market:
Linear and Loop Sorters are two key components of the Global Automated Packet and Parcel Sorting System Market. Linear sorters are designed to sort parcels and packets in a straight line, while loop sorters sort them in a circular pattern. Both types of sorters have their own advantages and are used in different scenarios. Linear sorters are typically used in situations where space is limited, as they require less space than loop sorters. On the other hand, loop sorters are more efficient and can sort a larger number of parcels and packets in a shorter amount of time. Both types of sorters are integral to the functioning of the automated packet and parcel sorting system and contribute to its overall efficiency and effectiveness.
E-commerce, Third-party Logistic Companies, Postal Operators, Others in the Global Automated Packet and Parcel Sorting System Market:
The Global Automated Packet and Parcel Sorting System Market is widely used in various sectors, including e-commerce, third-party logistics companies, postal operators, and others. In the e-commerce sector, the system is used to sort the numerous parcels and packets that are shipped daily. It helps to streamline the process and ensure that each parcel reaches its correct destination. Third-party logistics companies also use the system to sort the parcels and packets they handle for their clients. Postal operators use the system to sort the mail they receive, making the process more efficient and reducing the chances of errors. Other sectors that use the system include courier companies, warehouses, and distribution centers.
Global Automated Packet and Parcel Sorting System Market Outlook:
In 2023, the Global Automated Packet and Parcel Sorting System Market was valued at US$ 4068 million. It is projected to almost double in value by 2030, reaching an estimated US$ 8451.9 million. This represents a compound annual growth rate (CAGR) of 12.8% during the forecast period from 2024 to 2030. This significant growth is largely due to the increasing demand for automation in various sectors, including e-commerce, logistics, and postal services. As more businesses recognize the benefits of automated sorting systems, the market for these systems is expected to continue to grow.
| Report Metric | Details |
| Report Name | Automated Packet and Parcel Sorting System Market |
| Accounted market size in 2023 | US$ 4068 million |
| Forecasted market size in 2030 | US$ 8451.9 million |
| CAGR | 12.8% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Beumer Group, Siemens, Dematic, Honeywell, Murata machinery, Fives Group, KENGIC, OMH, GINFON, MHS, SDI Systems, Toyota Advanced Logistics, Hytrol, Kuecker, Vanderlande Industries, Interroll, Intralox |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
