Sorting Solutions: A Closer Look at the $2.8 Billion Parcel Sortation System Market
With a Compound Annual Growth Rate (CAGR) of 7.0%, the Parcel Sortation System Market is expected to rise significantly, from its anticipated value of USD 2.0 billion in 2023 to USD 2.8 billion by 2028. One of the main reasons for this growth is the industry's growing reliance on parcel sortation systems and the thriving e-commerce sector. The industry's reaction to the increasing demands of today's dynamic and fast-paced business environment is reflected in the market's trajectory, which is further driven by the growing requirement for prompt parcel delivery. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=131502194 The major players in the Parcel Sortation System Market with a significant global presence are Vanderlande (Netherlands), Beumer Group (Germany), Honeywell International (US), and Bastian Solutions (US), Fives (France). The market players have adopted various strategies, such as developing advanced products, partnerships...