LONDON, Sept. 18, 2018 (GLOBE NEWSWIRE) -- According to the latest publication from Meticulous Research®, the global parcel and postal automation systems market is expected to grow at a CAGR of 6.8% from 2018 to reach $4,497.1 million by 2025, mainly driven by factors such as growth in the e-commerce industry, increasing labor costs, and rising need for automated sorting and delivery processes in the postal industry.
Request Sample Report: https://www.meticulousresearch.com/request-sample-report/?cp_id=4427
Parcel sorting systems segment accounted for the largest share of the global parcel and postal automation systems market. Rising parcel volumes and increasing adoption of automation technologies by companies are the major factors accountable for the large share of this segment.
By application, Courier, Express, & Parcel segment accounted for the largest share of the global parcel and postal automation systems market in 2017. Increasing focus towards last mile delivery and rise in the number of parcels and couriers due to increase in online shopping has immensely contributed in the large share of this market segment.
Geographically, North America commanded the largest share of the global market, followed by Europe and Asia-Pacific with highly growing e-commerce industry in the U.S., increasing demand for automation, and presence of well-established infrastructure which allows implementation of advanced technologies.
The major players operating in this market are Siemens AG, Beumer Group, Pitney Bowes, Vanderlande Industries, Solystic SAS, Toshiba, NEC Corporation, Zebra Technologies, Fives Group, and National Presort Inc. among many others.
Browse in-depth report: https://www.meticulousresearch.com/product/parcel-postal-automation-systems-market/
Scope of the Report:
Market by Component
- Hardware
- Services
- Software
Market by Product
- Parcel Sorting Systems
• Linear Parcel Sorters
• Loop Parcel Sorters - Mail Sorting Systems
• Culler Facer Cancellers
• Letter Sorters
• Flat Sorters
• Mixed Mail Sorters - Automatic reading and coding systems
- Parcel and Postal Software
Market by Application
- Government Postal
- Courier, Express, & Parcel
Market by Geography
- North America
• U.S.
• Canada
• Mexico - Europe
• Germany
• UK
• France
• Italy
• Spain
• Rest of Europe (RoE) - Asia Pacific (APAC)
• China
• Japan
• Korea
• India
• Rest of APAC (RoAPAC) - Latin America
- Middle East & Africa
Contact Info:
Viren Shrivastava
viren@meticulousresearch.com
+1-646-781-8004
+44-203-868-8738
+91 744-7780008