Asia-Pacific to Dominate the Parcel Sortation System Market

Wed, 30 September 2020 3:47

Asia-Pacific’s digital economy has experienced drastic growth in recent times. India and China are the fastest-growing e-commerce marketplaces, driven by demographic profiles, increasing internet penetration, and excellent economic performance. The region’s startup ecosystem is growing at an exponential rate, owing to the favorable FDI policies, government incentives, as well as internet initiatives by market players. For instance, in India, 100% FDI is permitted in B2B e-commerce under the automatic route, presenting ample growth opportunities for business with e-commerce.

Rapidly growing e-commerce in the region, supported by increasing consumer disposable income, is a significant driver for logistics, marking a vital point of differentiation between market players aiming for speedy and accurate delivery. The growing logistics and distribution sectors are prompting the owners to use parcel sortation systems to provide better customer service.

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Impact of COVID-19

The COVID-19 outbreak is expected to take a significant toll on the market due to disruption in the global supply chain, which may take a longer time to recuperate. Overall the e-commerce business is sluggish, and the construction of new distribution centers, warehouses, and airports is stalled, which are the primary end-users of parcel sortation systems. All these factors are likely to impact the market.

Key Players

  • Daifuku Co., Ltd
  • SSI Schafer Automation GmbH
  • Kion Group (Dematic) AG
  • Vanderlande Industries Holding B.V.
  • BEUMER Group GmbH & Co. KG
  • Siemens Logistics GmbH, ABB Ltd
  • Equinox Global Services B.V.
  • Fives Intralogistics Corp. (Fives Group)
  • FANUC CORPORATION
  • Honeywell International Inc. (Honeywell Intelligrated)
  • Fuji Yusoki Kogyo Co., Ltd
  • Interroll (Schweiz) AG
  • Shenzhen Dorabot Inc. (Yaskawa America, Inc.)
  • TGW Systems Inc.
  • KUKA Aktiengesellschaft (AG)
  • Mitsubishi Electric Corporation
  • Murata Machinery, Ltd.
  • Okura Yusoki Co., Ltd.
  • Shanxi Oriental Material Handing Co., Ltd.

Parcel Sortation System Market: Segmentation

By Type

  • Linear Sortation Systems
  • Loop Sortation Systems

 By Application

  • Retail and E-Commerce
  • Post and Parcel
  • Food and Beverage
  • Pharmaceutical and Medical
  • Airports

By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • The U.K.
  • Italy
  • Spain
  • France
  • Russia
  • The Rest of Europe

Asia-Pacific

  • China
  • South Korea
  • Australia
  • India
  • Japan
  • Vietnam
  • Indonesia
  • The Rest of Asia-Pacific

Central and South America and the Caribbean

  • Brazil
  • Argentina
  • Colombia
  • The Rest of Central and South America and the Caribbean

The Middle East

  • Saudi Arabia
  • Oman
  • Qatar
  • The UAE
  • Turkey
  • The Rest of ME

Africa

  • Nigeria
  • Tanzania
  • South Africa
  • Ghana
  • The Rest of Africa

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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