Postal Automation System Market Size by Component, Technology, Application, Region – Segment-Level Market Assessment, Growth Opportunity Analysis, Competitive Mapping & Forecast to 2030
Overview
The Postal Automation System Market size was valued at USD 1.24 Billion in 2023 and the total Postal Automation System revenue is expected to grow at a CAGR of 6.3% from 2024 to 2030, reaching nearly USD 1.91 Billion.
The postal automation software is expected to grow at a significant growth during the forecast period due to the increasing need of automation in the almost all the industries and increasing labor costs.
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The global postal automation system market based on component is classified into software, hardware and services. The hardware segment leads the market in 2016 that can be attributed to new system upgrades for increasing capacity in sensors, scanners, processors, and recognition systems. The services segment is expected to grow at a high rate during the forecast period. Based on technology the parcel sorters held the largest shares of the market. Sortation systems play a vital role in refining the efficiency of postal operations. The deterioration in traditional mail volume has put postal operators to upgrade their system for increasing parcel mail volumes, hence parcel sorters plays a vital role in parcel delivery operations.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Geographically, the Postal Automation System market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America is expected to be largest market for postal automation system during the forecast period. The growth of this region can be attributed to the presence of major postal and CEP companies and renovation of existing postal automation systems in this region has increased the installation or capacity of these systems.
Postal Automation System Market Key Highlights:
Global Postal Automation System market analysis and forecast, in terms of volume and value.
Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the global market.
Global Postal Automation System market segmentation on the basis of component, technology, application and geography (country-wise) has been provided.
Global Postal Automation System market strategic analysis with respect to individual growth trends, future prospects along with contribution of various sub-market stakeholders have been considered under the scope of study.
Global market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the global market are also profiled.
Postal Automation System Market Research Methodology:
Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about global postal automation system market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the global market globally.
Global postal automation system marketplace is growing with the presence of major companies holding a large market share.
The objective of the report is to present comprehensive Global Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Postal Automation System Market North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global Market North America for Asia Pacific size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Market North America for Asia Pacific make the report investor’s guide.
The research report segments the global Postal Automation System market based on component, technology, application, and geography
Key Target Audience:
1. Designers and manufacturers of postal automation systems
2. Postal associations and insurance companies
3. System integrators of postal automation systems
4. Postal automation software providers
5. Material handling and automation organizations
6. Parcel sortation system providers
7. Research organizations, associations and consulting companies
Postal Automation System Market Geographic Analysis:
1. Breakdown of North America Global Market
2. Breakdown of Europe Global Market
3. Breakdown of Asia Pacific Global Market
4. Breakdown of Middle East & Africa Global Market
5. Breakdown of Latin America Global Market
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Postal Automation System Market Scope: Inquire before buying
| Global Postal Automation System Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | USD 1.24 Bn. |
| Forecast Period 2024 to 2030 CAGR: | 6.3% | Market Size in 2030: | USD 1.91 Bn. |
| Segments Covered: | by Component | Software Hardware Services |
|
| by Technology | Culler Facer Cancellers Flat Sorters Letter Sorters Parcel Sorters Mixed Mail Sorters Others |
||
| by Application | Government Postal Courier, Express, & Parcel |
||
Postal Automation System Market, by Geography:
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Postal Automation System Market, Key Players:
1. Siemens AG
2. NEC
3. Toshiba
4. Pitney Bowes
5. Vanderlande
6. Solystic
7. Fives Group
8. Lockheed Martin
9. Leonardo
10.Beumer Group
11.National Presort (NPI)
12.Interroll
13.Dematic
14.Eurosort Systems
15.Intelligrated
16.Honeywell International Inc
17.Bastian Solutions, Inc.
18.Falcon Autotech Private Limited
19.GBI Intralogistics, Inc
20.Fluence Automation, LLC
21.OPEX Corporation
22.Planet Artificial Intelligence GmbH
Frequently Asked Questions:
1. Which region has the largest share in Global Postal Automation System Market?
Ans: North America region holds the highest share in 2023.
2. What is the growth rate of Global Market?
Ans: The Global Market is growing at a CAGR of 6.3% during forecasting period 2024-2030.
3. What is scope of the Global market report?
Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global market?
Ans: The important key players in the Global Market are – Siemens AG, NEC, Toshiba, Pitney Bowes, Vanderlande, Solystic, Fives Group, Lockheed Martin, Leonardo, Beumer Group, National Presort (NPI), Interroll, Dematic, Eurosort Systems, Intelligrated, Honeywell International Inc, Bastian Solutions, Inc., Falcon Autotech Private Limited, GBI Intralogistics, Inc, Fluence Automation, LLC, OPEX Corporation, and Planet Artificial Intelligence GmbH.
5. What was the Global Postal Automation System Market size in 2023?
Ans: The Global Postal Automation System Market size was USD 1.24 Billion in 2023.