Letter and Parcel Sorting System, Global Key Players Rank and Market Share, Top 9 Companies Hold 38% | |
Letter and Parcel Sorting System Market Summary Letter and parcel sorting systems refer to equipment or systems that classify, organize, mark and transport letters and parcels through a series of mechanical and automated technologies. These systems are usually used in places such as post offices, express delivery companies, logistics centers and e-commerce warehouses to improve the efficiency, accuracy and traceability of letters and parcels. According to the new market research report “Global Letter and Parcel Sorting System Market Report 2023-2029”, published by QYResearch, the global Letter and Parcel Sorting System market size is projected to reach USD 7.07 billion by 2029, at a CAGR of 10.3% during the forecast period. According to QYResearch Top Players Research Center, the global key manufacturers of Letter and Parcel Sorting System include Interroll, Honeywell, Vanderlande Industries, Dematic (KION), Beumer, Siemens, Intralox, Damon Technology, Okura Yusoki, Fives Group, etc. In 2022, the global top 10 players had a share approximately 38.0% in terms of revenue. | |
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