Global Market Insights recently introduced report on global Parcel Sortation Systems Market report is an in-depth study providing complete analysis of the industry for the period 2019 to 2025. It provides complete overview of the industry considering all the major industry trends, market dynamics and competitive scenario.
Increasing demand for the IoT technology has provided manufacturers a new advancement in the parcel sortation systems market. Integrating IoT technology into these systems is a breakthrough in the growth & development for industry growth. This technology offers better visibility of the location of the product. It provides effective connectivity of various departments of sortation such as packaging, labeling, and other sections and offers efficient data and information processing. The monitoring of individual products & processes, setting standards, and control of the performance parameters of these systems are the major benefits of the integration of IoT technology into parcel sortation systems.
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In the parcel sortation systems market, linear sortation systems are witnessing high demand. Features of these systems include low noise, superior reliability, optimized layout, ease of maintenance, precision, low operating costs, and improved productivity. The wide range of benefits provided by these systems is driving the parcel sortation systems market demand. Linear system sortation has two techniques of sorting, linear cross belt, and linear tilt tray. Moreover, the systems receive products at one end, moving the products along the sortation length, and sorting the products to one/both. These sorters can be belt/chain driven and have sorting techniques that can be mounted or integrated into the sortation conveyor. Such factors are driving the market.
Europe accounted for the largest share in the parcel sortation systems market. Advanced logistics and presence of several e-commerce companies have led to the development and growth of the industry in the region. The competition in this region is growing continuously owing to the increase in technological advancements. High availability of manufacturers and customers for sortation systems has developed the demands and requirements in the region. The demand for IoT technology in several industries is forcing manufacturers to integrate this technology with their offerings to provide effective and efficient value to their industrial processes and operations. Industries are demanding various specifications depending on their needs and requirements.
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Key players functioning in parcel sortation systems market include Bastian Solutions, Equinox Mhe, Beumer Group, Dematic, Bowe Systec, Falcon Autotech, Fives, GBI Intralogistics, Intelligrated, Interroll, Intralox, Muratec, OCM SRL, Okura Yusoki, Pitney Bowes, Siemens, Solystic, Vanderlande, and Viastore, among others.