The global Parcel Sortation Systems Market is accounted to US$ 1.32 Bn in 2018 and is expected to grow at a CAGR of 9.1% during the forecast period 2019 – 2027, to account to US$ 3.09 Bn by 2027. Parcel sortation system is adopted in a wide range of industries such as automotive, pharmaceutical, retail, electronics, and food & beverage including many other industries. Automation and technological development is positively impacting the market in developed and developing regions. North American countries witness significant growth in a number of warehouses, logistics and delivery centers, and logistics partners which have been beneficial for several parcel sortation systems providers. Further, growth in the automotive and logistics industry in MEA demanding for efficient sortation systems which are boosting the parcel sortation systems market in this region. In SAM, an increase in the shipping market, the presence of a large base of consumer goods industry, and the adoption of E-commerce business is further su
