The global demand for Postal Automation Systems Market is presumed to reach the market size of nearly USD 1036.62 MN by 2028 from USD 751.11 MN in 2021 with a CAGR of 8.01% under the study period 2022 - 2028.
Postal automation systems are an innovative technology used for handling letters that provide high reading rates and processing speed. It includes mail, parcel, postal software, and automatic reading and coding systems. Postal automation systems simplify the process of sorting and delivery in the postal industry to reduce human errors. These systems offer cost-effective solutions with improved customer service.
The postal automation systems market is mainly driven by increasing demand for delivery of parcels and automated sorting in the postal sector. Moreover, the growth of the e-commerce industry and rising labour costs are fueling global demand for postal automation systems. Also, the increasing popularity of online shopping is favouring market growth. Furthermore, the increasing volume of parcels and packages is a major driver of the global postal automation systems market. In addition, rising demand for quick delivery of parcels from end-users is another key factor anticipated to drive the postal automation systems market growth. However, high maintenance costs are restraining the global postal automation systems market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of postal automation systems. The growth and trends of postal automation systems industry provide a holistic approach to this study.
This section of the postal automation systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
- Culler Facer Canceller
- Letter Sorter
- Flat Sorter
- Mixed Mail Sorter
- Parcel Sorter
- Commercial Postal
- Government Postal
This section covers the regional outlook, which accentuates current and future demand for the Postal Automation Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Postal Automation Systems Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the postal automation systems market include Toshiba Infrastructure Systems & Solutions Corporation, Körber AG, NEC Philippines INC., SOLYSTIC, Pitney Bowes Inc., Vanderlande Industries B.V., Fives Group, Leonardo S.p.A, Lockheed Martin Corporation, BEUMER GROUP, Interroll Group, Dematic, Eurosort, Fluence Automation, LLC., This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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