South & Central America Parcel Sortation System Market Forecast to 2030 - Regional Analysis

Description

List of Tables

The South & Central America parcel sortation system market was valued at US$ 188.63 million in 2022 and is expected to reach US$ 350.75 million by 2030; it is estimated to grow at a CAGR of 8.1% from 2022 to 2030.

Rising Production Volume of Consumer Goods and Increasing Adoption of Automated Technologies Fuels the South & Central America Parcel Sortation System Market

The rise in the global population is tremendously increasing the demand for multiple product categories in the automotive, pharmaceutical, retail, electronics, food & beverage, and many other industries. To cater to this rising demand, manufacturers are making several efforts to increase their production significantly, which is generating an extensive requirement for sorting and storage facilities. Warehouses, storage centers, and distribution centers play a vital role in maintaining stocks of consumer goods in various companies. Minimal damage to the products while storage, low storage costs, and ease of sorting are a few significant features of an efficient storage and sortation system, which are contributing to its demand among manufacturers and supply chain partners.

Moreover, the adoption of different automated technologies is consistently growing across the globe. The manufacturing industry is a major adopter of automated technologies owing to the increasing labor cost as well as the aging population. The automated technologies also facilitated the manufacturing industry to increase their production volume and generate high revenues. With the growing number of consumer goods, the parcel sortation facility centers are challenged by the inefficiency of the traditional parcel sortation systems, such as sorting huge volumes of parcels, shorter processing windows, and increasing technical errors. Hence, to overcome this challenge and easily sort the parcels in the designated segments, warehouses, logistics facility centers, airports, and dockyards are increasingly procuring automated technologies. This factor is driving the parcel sortation systems market.

South & Central America Parcel Sortation System Market Overview

The South & Central America parcel sortation system market is expected to grow significantly owing to the rise in e-commerce business and infrastructural development in countries such as Brazil and Argentina. Also, several initiatives taken by government institutions, such as creating the Panama Pacific Special Economic Zone, help to build a strong infrastructure for the logistics industry, thereby driving the parcel sortation system market in the region.

South & Central America Parcel Sortation System Market Revenue and Forecast to 2030 (US$ Mn)

South & Central America Parcel Sortation System Market Segmentation

The South & Central America parcel sortation system market is segmented type, application, and country.

Based on type, the South & Central America parcel sortation system market is segmented into pop-up sorters, shoe sorters, cross belt sorters, tilt tray sorters, pushtray, and others. The cross belt sorters segment held the largest market share in 2022.

Based on application, the South & Central America parcel sortation system market is segmented into logistics industry, e-commerce industry, food & beverages industry, post and parcel services, airports, pharmaceutical industry, and others. The others segment held the largest market share in 2022.

Based on country, the South & Central America parcel sortation system market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America parcel sortation system market share in 2022.

Bastian Solutions LLC, BEUMER Group GmbH & Co KG, Daifuku Co Ltd, Honeywell International Inc, Interroll Holding GmbH, Vanderlande Industries BV, and Viastore SYSTEMS GmbH are some of the leading companies operating in the South & Central America parcel sortation system market.

Product Code: BMIRE00029410

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. South & Central America Parcel Sortation Systems Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 Component Providers:
- 4.2.2 System Integrators:
- 4.2.3 Consultants:
- 4.2.4 End-Users:

5. South & Central America Parcel Sortation Systems Market - Key Industry Dynamics

5.1 Key Market Drivers:
- 5.1.1 Rising Production Volume of Consumer Goods and Increasing Adoption of Automated Technologies
- 5.1.2 Significant Rise in E-Commerce Business
- 5.1.3 Growing Demand for High-performance Hardware Units
5.2 Key Market Restraints:
- 5.2.1 Technological and Technical Complexities
- 5.2.2 High Installation and Maintenance Cost of Parcel Sorting Systems
5.3 Key Market Opportunities:
- 5.3.1 Integration of AI, Industry 4.0, and IoT with Parcel Sorting System
- 5.3.2 Rise in Demand for Warehouse Management Systems
5.4 Future Trend:
- 5.4.1 Introduction of Cost-effective Advanced Parcel Sortation System
5.5 Impact of Drivers and Restraints:

6. Parcel Sortation Systems Market - South & Central America Market Analysis

6.1 South & Central America Parcel Sortation Systems Market Share, By Region (%), 2020 and 2030
6.2 South & Central America Parcel Sortation Systems Market Revenue (US$ Mn), 2020 - 2030

7. South & Central America Parcel Sortation Systems Market Analysis - Type

7.1 Overview
7.2 South & Central America Parcel Sortation Systems Market Revenue Share, By Type (2022 and 2030)
7.3 Pop-Up Sorter
- 7.3.1 Overview
- 7.3.2 Pop-Up Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.4 Shoe Sorter
- 7.4.1 Overview
- 7.4.2 Shoe Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.5 Cross Belt Sorter
- 7.5.1 Overview
- 7.5.2 Cross Belt Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.6 Tilt Tray Sorter
- 7.6.1 Overview
- 7.6.2 Tilt Tray Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.7 Pushtray Sorter
- 7.7.1 Overview
- 7.7.2 Pushtray Sorter: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
7.8 Others
- 7.8.1 Overview
- 7.8.2 Others: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)

8. South & Central America Parcel Sortation Systems Market Analysis - Application

8.1 Overview
8.2 South & Central America Parcel Sortation Systems Market Revenue Share, By Application (2022 and 2030)
8.3 Logistics
- 8.3.1 Overview
- 8.3.2 Logistics: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.4 E-Commerce
- 8.4.1 Overview
- 8.4.2 E-Commerce: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.5 Food & Beverage
- 8.5.1 Overview
- 8.5.2 Food & Beverage: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.6 Post & Parcel
- 8.6.1 Overview
- 8.6.2 Post & Parcel: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.7 Airport
- 8.7.1 Overview
- 8.7.2 Airport: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.8 Pharmaceutical
- 8.8.1 Overview
- 8.8.2 Pharmaceutical: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)
8.9 Others
- 8.9.1 Overview
- 8.9.2 Others: South & Central America Parcel Sortation Systems Market Revenue and Forecast to 2030 (US$ Million)

9. South & Central America Parcel Sortation Systems Market - Country Analysis

9.1 Overview
- 9.1.1 South & Central America Parcel Sortation Systems Market, by Key Country
  - 9.1.1.1 Brazil: South & Central America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.1.1.1 Brazil: South & Central America Parcel Sortation Systems Market, By Type
    - 9.1.1.1.2 Brazil: South & Central America Parcel Sortation Systems Market, By Type
    - 9.1.1.1.3 Brazil: South & Central America Parcel Sortation Systems Market, By Application
  - 9.1.1.2 Argentina: South & Central America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.1.2.1 Argentina: South & Central America Parcel Sortation Systems Market, By Type
    - 9.1.1.2.2 Argentina: South & Central America Parcel Sortation Systems Market, By Type
    - 9.1.1.2.3 Argentina: South & Central America Parcel Sortation Systems Market, By Application
  - 9.1.1.3 Rest of SAM: South & Central America Parcel Sortation Systems Market Revenue and Forecasts to 2030 (US$ Million)
    - 9.1.1.3.1 Rest of SAM: South & Central America Parcel Sortation Systems Market, By Type
    - 9.1.1.3.2 Rest of SAM: South & Central America Parcel Sortation Systems Market, By Type
    - 9.1.1.3.3 Rest of SAM: South & Central America Parcel Sortation Systems Market, By Application

10. Competitive Landscape

10.1 Company Positioning & Concentration

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions

12. Company Profiles

12.1 Honeywell International Inc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Bastian Solutions LLC
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Daifuku Co Ltd
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Interroll Holding GmbH
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 BEUMER Group GmbH & Co KG
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Vanderlande Industries BV
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Viastore SYSTEMS GmbH
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments

13. Appendix

13.1 Appendix