North America Parcel Sortation Systems Market Size & Outlook
The parcel sortation systems market in North America is expected to reach a projected revenue of US$ 965.8 million by 2030. A compound annual growth rate of 8.2% is expected of North America parcel sortation systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$556.8
Forecast, 2030 (US$M)
$965.8
CAGR, 2024 - 2030
8.2%
Report Coverage
North America
North America parcel sortation systems market highlights
- The North America parcel sortation systems market generated a revenue of USD 556.8 million in 2023.
- The market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating offering in 2023.
- Hardware is the most lucrative offering segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2023 | USD 556.8 million |
| Market revenue in 2030 | USD 965.8 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, North America region accounted for 27.7% of the global parcel sortation systems market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,561.6 million by 2030.
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Parcel Sortation Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Okura Yusoki Co. | View profile | 501-1000 | Kakogawa, Hyogo, Japan, Asia | https://www.okurayusoki.co.jp |
| Interroll Group | View profile | 1001-5000 | Bellinzona, Ticino, Switzerland, Europe | https://www.interroll.com/ |
| Honeywell International Inc. | View profile | - | - | - |
| Murata Machinery | View profile | 501-1000 | Kyoto, Kyoto, Japan, Asia | http://muratec.net/ |
| Dematic | View profile | 1001-5000 | Atlanta, Georgia, United States, North America | http://www.dematic.com/en |
| Bastian Solutions | View profile | 1001-5000 | Indianapolis, Indiana, United States, North America | https://www.bastiansolutions.com/ |
| Equinox | View profile | 1-10 | Newport Beach, California, United States, North America | https://equinoxus.com/ |
| SSI SCHAEFER | View profile | 10001+ | Neunkirchen, Nordrhein-Westfalen, Germany, Europe | https://www.ssi-schaefer.com |
| Korber AG | View profile | 10001+ | Hamburg, Hamburg, Germany, Europe | https://www.koerber.com/en/ |
| Vanderlande | View profile | 1001-5000 | Veghel, Noord-Brabant, The Netherlands, Europe | https://www.vanderlande.com |
| BEUMER Group | View profile | 5001-10000 | Beckum, Nordrhein-Westfalen, Germany, Europe | https://www.beumergroup.com |
| TGW Logistics Group | View profile | 1001-5000 | Marchtrenk, Oberosterreich, Austria, Europe | http://www.tgw-group.com |
| Daifuku Co Ltd | View profile | 13020 | 3-2-11, Mitejima, Nishiyodogawa-ku,, Osaka, Japan, 555-0012 | http://www.daifuku.co.jp |
| KION GROUP AG | View profile | 42325 | Thea-Rasche-Strasse 8, Frankfurt am Main, HE, Germany, 60549 | https://www.kiongroup.com |
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