Europe Parcel Sortation Systems Market Size to register a growth of 8.4% CAGR

14-05-2018 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new report Europe Parcel Sortation Systems Market, published by KBV research, the Europe Parcel Sortation Systems Market Size would witness market growth of 8.4% CAGR during the forecast period (2017 - 2023).

The Germany market holds the largest market share in Europe Loop Type Parcel Sortation Systems Market by Country in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 11.5 % during the forecast period. The UK market is expected to witness a CAGR of 6.1% during (2017 - 2023) in Europe Linear Type Parcel Sortation Systems Market. Additionally, The France market is expected to witness a CAGR of 6.7% during (2017 - 2023).

The Logistics market holds the largest market share in Europe Parcel Sortation Systems Market by Vertical in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 7.3 % during the forecast period. The Airports market would attain market value of $114.8 million by 2023. Additionally, The Food & Beverages market is expected to witness highest CAGR of 9% during (2017 - 2023).

The Processors market holds the largest market share in Italy Parcel Sortation Systems Market by Hardware Type in 2016 and would continue to be a dominant market till 2023. The Sensors market is expected to witness a CAGR of 10.1% during (2017 - 2023). Additionally, The Diverters market would attain market value of $1.7 million by 2023.

Full Report: https://www.kbvresearch.com/europe-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 Europe 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.