Parcel Sortation Systems Market to Hit USD 3.50 Billion by 2032, Driven by the Surge in e-Commerce and Automation in Logistics | SNS Insider [Yahoo! Finance]
Honeywell International Inc. (HON)
Last honeywell international inc. earnings: 5/1 06:30 am
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Source: Yahoo! Finance
Austin, April 08, 2025 (GLOBE NEWSWIRE) -- Parcel Sortation Systems Market Size & Growth Insights: According to the SNS Insider,“The Parcel Sortation Systems Market size was valued at USD 1.75 Billion in 2023, and expected to reach USD 3.50 Billion by 2032, growing at a CAGR of 8.01 % during 2024-2032.” Automation Driven Expansion Transforming High Volume Parcel Distribution The Parcel Sortation Systems Market is experiencing rapid growth, driven by the surge in e-commerce and the increasing demand for fast, automated sorting solutions to manage high shipment volumes efficiently. Logistics companies are heavily investing in AI-based sortation systems, robotics, and predictive analytics to enhance processing speed, minimize errors, and optimize throughput. The rise of same-day and express delivery services has further accelerated the adoption of advanced sorting technologies, while IoT-driven smart logistics and AI-powered vision systems are streamlining parcel flow and reducing
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HON
Earnings
- 10/23/25 - Beat
HON
Sec Filings
- 12/18/25 - Form 4
- 12/17/25 - Form 4
- 12/10/25 - Form 8-K
- HON's page on the SEC website