Postal Automation System Market Scope
Postal automation system are used to automate all the operations carried out in post offices or courier center to become faster and efficient. These system help to improves organizational efficiency while reducing the total operational cost. Growth in e-commerce has resulted in an increase in the volume of flats and packages, thereby boosting the demand for postal automation system.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | NEC Corporation (Japan), Siemens AG (Germany), Toshiba Corporation (Japan), NPI Sorters (United States), Dematic (United States), EuroSort Systems BV (Netherlands), Honeywell International Inc (United States), Bastian Solutions, Inc. (United States), Falcon Autotech Private Limited (India), GBI Intralogistics, Inc (United States), Fluence Automation, LLC (United States), ID Mail Systems, Inc. (United States), OPEX Corporation (United States) and Planet Artificial Intelligence GmbH (Germany) |
CAGR | 7.06% |
NEC Corporation (Japan), Siemens AG (Germany), Toshiba Corporation (Japan), NPI Sorters (United States), Dematic (United States), EuroSort Systems BV (Netherlands), Honeywell International Inc (United States), Bastian Solutions, Inc. (United States), Falcon Autotech Private Limited (India), GBI Intralogistics, Inc (United States), Fluence Automation, LLC (United States), ID Mail Systems, Inc. (United States), OPEX Corporation (United States) and Planet Artificial Intelligence GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are OCM Spa (Italy), Parascript (United States), BÖWE SYSTEC GmbH (Germany), Vanderlande Industries (Netherlands), Pitney Bowes Inc. (United States) and SOLYSTIC SAS (France).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Postal Automation System market by Type , by Application (Government Postal and Express, Courier & Parcel) and Region with country level break-up.
On the basis of geography, the market of Postal Automation System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
In November 2019, Siemens Logistics launched a new fully automated unloading solution named RUBUS. This solution was developed with aim to improve efficiency in sorting centers.
Influencing Trend:
Increasing Demand E-Commerce Solution
Market Growth Drivers:
Increased Cost Of Labours, Rising Prevalence Of Courier Companies and Need for Automated Sorting and Delivery Processes
Challenges:
Technical Problems May Halt Entire Operational Process
Restraints:
High Initial Investments and Maintenance Costs
Opportunities:
Growing Urbanization And Digitalization In Developing Countries, Increasing Use of Radio Frequency Identification (RFID) Technology and Evolution of Internet of Postal Things (IoPT)
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Postal Automation System Manufacturer, Software Service Providers, Technology Investors, System Integrators, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry