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Asia Pacific Parcel Sortation Systems Market Analysis & Forecasts 2017-2023, With an Expected CAGR of 10.2% - ResearchAndMarkets.com

July 30, 2018

DUBLIN--(BUSINESS WIRE)--Jul 30, 2018--The “Asia Pacific Parcel Sortation Systems Market Analysis (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.

The Asia Pacific Parcel Sortation Systems Market is expected to witness market growth of 10.2% CAGR during the forecast period (2017-2023).

Automation is used in sorting number of consumer products such as packaged food & beverages, post & parcels, medicines, textiles and others. Retail businesses have changed their traditional production and distribution systems and adopted different modern platforms such as e-Commerce. The E-commerce platform has opened varied selling models, and customers are readily accepting the virtual platform as transactions are seamless. Due to rapid adoption of e-commerce trends, companies are incorporating sortation systems in their distribution centers (DCs) to address rapidly changing needs of both in-store and virtual consumers in a timely and efficient manner.

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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Companies Mentioned

Siemens AG Vanderlande BEUMER Group Honeywell International, Inc. (Intelligrated) Bastian Solutions, LLC Fives Group KION Group (Dematic) Interroll Muratec Invata Intralogistics, Inc.

Key Topics Covered:

1. Market Scope & Methodology

2. Market Overview

3. Asia Pacific Parcel Sortation Systems Market

4. Asia Pacific Parcel Sortation Systems Market by Type

5. Asia Pacific Parcel Sortation Systems Market by Vertical

6. Asia Pacific Parcel Sortation Systems Market by Country

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/x6xh4v/asia_pacific?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180730005370/en/

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Related Topics:Logistics,Material Handling Equipment

KEYWORD: ASIA PACIFIC

INDUSTRY KEYWORD: TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/30/2018 08:23 AM/DISC: 07/30/2018 08:23 AM

http://www.businesswire.com/news/home/20180730005370/en

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