Global Postal Automation Systems Strategic Business Report 2023: Market Poised to Benefit from the Shift towards Smart and Connected Automated Postal Operations


Dublin, June 15, 2023 (GLOBE NEWSWIRE) -- The "Postal Automation Systems: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Postal Automation System estimated at US$851.8 Million in the year 2022, is projected to reach a revised size of US$1.3 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030.

Hardware, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$690 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 5.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $323.1 Million, While China is Forecast to Grow at 7.3% CAGR

The Postal Automation System market in the U.S. is estimated at US$323.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$144.2 Million by the year 2030 trailing a CAGR of 7.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.

Select Competitors (Total 50 Featured) -

  • Accenture Plc
  • Ammeraal Beltech Holding BV
  • BEUMER Group GmbH & Co. KG
  • Escher Group
  • Falcon Autotech Private Limited
  • Fives Group
  • Leonardo S.p.A.
  • Lockheed Martin Corporation
  • Mitsubishi Electric Corporation
  • National Presort, Inc.
  • NEC Corporation
  • Pitney Bowes Inc.
  • Siemens Logistics GmbH
  • SOLYSTIC SAS
  • Toshiba Corporation
  • Vanderlande Industries B.V.
  • Zebra Technologies Corp.

Key Attributes:

Report AttributeDetails
No. of Pages376
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$851.8 Million
Forecasted Market Value (USD) by 2030$1300 Million
Compound Annual Growth Rate5.4%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Postal Automation Systems - A Prelude
  • Market Outlook
  • Hardware Component to Register Significant Growth
  • Parcel Sorters Hold Dominant Share by Technology
  • Governmental Postal Emerges as the Major Application Segment
  • Geographic Market Analysis
  • A Note on Changing Dynamics of Postal & Delivery Services Worldwide
  • RECENT MARKET ACTIVITY
  • Postal Automation Systems - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Inherent Issues of Traditional Postal Systems and Need to Reinvent Postal Services Drives Trend towards Digitization and Automation
  • Market Poised to Benefit from the Shift towards Smart and Connected Automated Postal Operations
  • The Crucial Role of AI and Other Advanced Technologies in Enhancing Operations of Postal and Mail Delivery Service Providers
  • AI to Enhance Processing of Parcel Data at the USPS
  • Focus on Automated Sorting & Delivery Processes to Spur Market Growth
  • Emergence of Internet of Postal Things (IoPT) Presents Significant Potential for Growth
  • Postal Services Poised to Benefit from Mobile Robots
  • Rapid Growth of E-Commerce Industry Fuels Demand for Parcel Automation Systems
  • Global B2C E-Commerce Sales in US$ Trillion for the Years 2017, 2019, 2021 and 2023
  • Global E-Commerce Market as a % of Retail Sales for the Period 2017-2023
  • Leading Retail E-Commerce Countries Worldwide: Ranked by Sales in $ Billion for 2019
  • Rising Labor Costs Drive Market Growth
  • Growing Volumes of Parcels and Packages and Need for Faster Delivery Drive Need for Automated Parcel Systems
  • Global Parcel Shipping Volumes in Billions for the Years 2018, 2020, 2022 and 2024
  • Parcel Shipping Volumes Worldwide in Billion Parcels for Select Countries: 2018
  • Innovations in Post and Parcel Automation Systems Spur Growth

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/ldumtr

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Global Market for Postal Automation System

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