According to a new report Asia Pacific Parcel Sortation Systems Market, published by KBV research, the Asia Pacific Parcel Sortation Systems Market Size would witness market growth of 10.2% CAGR during the forecast period (2017 - 2023).
The China market holds the largest market share in Asia Pacific Parcel Sortation Systems Hardware Market by Country in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 8.9 % during the forecast period. The Japan market is expected to witness a CAGR of 8% during (2017 - 2023). Additionally, The India market is expected to witness a CAGR of 11.3% during (2017 - 2023) in Asia Pacific Parcel Sortation Systems Software Market.
The Logistics market holds the largest market share in Asia Pacific Parcel Sortation Systems Market by Vertical in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 9.1 % during the forecast period. The Airports market is expected to witness a CAGR of 10.9% during (2017 - 2023). Additionally, The Food & Beverages market is expected to witness highest CAGR of 10.8% during (2017 - 2023).
The Linear Type market holds the largest market share in Malaysia Parcel Sortation Systems Market by Type in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 9.2 % during the forecast period. The Loop Type market would attain market value of $10.5 million by 2023.
Full Report: https://www.kbvresearch.com/asia-pacific-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 countries in the region. The key impacting factors of the Asia Pacific 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.
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Related Reports:
Global Parcel Sortation Systems Market (2017-2023)
North America Parcel Sortation Systems Market (2017-2023)