North America Parcel Sortation Systems Market By Offering (Hardware - Processors, Cameras, Sensors, Displays, Diverters; Software; Services), Type (Loop Type, Linear Type), Vertical (Logistics, Pharmaceuticals & Medical Supply, Airports, E-Commerce, Food & Beverages)
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Market Report Description
The North America Parcel Sortation Systems Market would witness market growth of 8.6% CAGR during the forecast period (2017-2023). The Sortation System market is witnessing significant growth is due to higher accuracy levels in shipping & efficiency achieved with the adoption of sortation system. Automated sortation system is considered as a major breakthrough in the mechanical sector. Automation is used in sorting number of consumer products such as packaged food & beverages, post & parcels, medicines, textiles and others. The technology is widely used in industries such as food & beverage, pharmaceutical, retail, and healthcare, for small size products. Automated sortation system significantly reduces the time need in running operations effectively or seamlessly simulate raw materials.
Based on Offering, the Parcel Sortation Systems market segments the market into Hardware, Software, and Services. Hardware Type includes Processors, Cameras, Sensors, Displays, Diverters, and Others. Based on Type, the market report segments the market into Loop Type and Linear Type. Based on Vertical, the market report segments the market into Logistics, Pharmaceuticals & Medical Supply, Airports, E-Commerce, Food & Beverages, and Others. Based on Countries, the Parcel Sortation Systems market segments the market into US, Mexico, Canada, and Rest of North America. The market research report covers the analysis of key stake holders of the North America Parcel Sortation Systems Market.
Key companies profiled in the report include Siemens AG, Vanderlande, BEUMER Group, Honeywell International, Inc. (Intelligrated), Bastian Solutions, LLC, Fives Group, KION Group (Dematic), Interroll, Muratec, and Invata Intralogistics, Inc.