Postal Automation System Trends and Forecast
The future of the global postal automation system market looks promising with opportunities in the commercial postal and government postal markets. The global postal automation system market is expected to reach an estimated $1.2 billion by 2030 with a CAGR of 6.6% from 2024 to 2030. The major drivers for this market are increasing demand for faster delivery while saving labor expenses from a variety of businesses, growing need for automation in delivery and sorting procedures, and rise in the e-commerce business.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Postal Automation System by Segment
The study includes a forecast for the global postal automation system by technology, component, application, and region.
Postal Automation System Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Culler Facer Canceller
• Letter Sorter
• Flat Sorter
• Mixed Mail Sorter
• Parcel Sorter
• Others
Postal Automation System Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Hardware
• Software
• Services
Postal Automation System Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Commercial Postal
• Government Postal
Postal Automation System Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Postal Automation System Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies postal automation system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the postal automation system companies profiled in this report include-
• Toshiba Infrastructure Systems & Solutions
• Körber
• NEC Philippines
• SOLYSTIC
• Pitney Bowes
• Vanderlande Industries
• Fives Group
• Leonardo
• Lockheed Martin
• BEUMER GROUP
Postal Automation System Market Insights
Lucintel forecasts that parcel sorter will remain the largest segment over the forecast period because it provides precise outcomes and helps to reduce the amount of missed package requests by improving traceability.
Within this market, commercial postal is expected to witness the higher growth due to increasing use of electronic communication and e-commerce platforms.
North America will remain the largest region over the forecast period due to growing usage of the latest technology in postal services and the presence of important market participants in the region.
Features of the Global Postal Automation System Market
Market Size Estimates: Postal automation system market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Postal automation system market size by technology, component, application, and region in terms of value ($B).
Regional Analysis: Postal automation system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technology, component, application, and regions for the postal automation system market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the postal automation system market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the postal automation system market size?
Answer: The global postal automation system market is expected to reach an estimated $1.2 billion by 2030.
Q2. What is the growth forecast for postal automation system market?
Answer: The global postal automation system market is expected to grow with a CAGR of 6.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the postal automation system market?
Answer: The major drivers for this market are increasing demand for faster delivery while saving labor expenses from a variety of businesses, growing need for automation in delivery and sorting procedures, and rise in the e-commerce business.
Q4. What are the major segments for postal automation system market?
Answer: The future of the global postal automation system market looks promising with opportunities in the commercial postal and government postal markets.
Q5. Who are the key postal automation system market companies?
Answer: Some of the key postal automation system companies are as follows:
• Toshiba Infrastructure Systems & Solutions
• Körber
• NEC Philippines
• SOLYSTIC
• Pitney Bowes
• Vanderlande Industries
• Fives Group
• Leonardo
• Lockheed Martin
• BEUMER GROUP
Q6. Which postal automation system market segment will be the largest in future?
Answer: Lucintel forecasts that parcel sorter will remain the largest segment over the forecast period because it provides precise outcomes and helps to reduce the amount of missed package requests by improving traceability.
Q7. In postal automation system market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing usage of the latest technology in postal services and the presence of important market participants in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the postal automation system market by technology (culler facer canceller, letter sorter, flat sorter, mixed mail sorter, parcel sorter, and others), component (hardware, software, and services), application (commercial postal and government postal), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Postal Automation System Market, Postal Automation System Market Size, Postal Automation System Market Growth, Postal Automation System Market Analysis, Postal Automation System Market Report, Postal Automation System Market Share, Postal Automation System Market Trends, Postal Automation System Market Forecast, Postal Automation System Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.