Postal Automation System Market Overview
A postal automation system is a smart solution for efficient parcel sorting and timely delivery of mail from the sender to the receiver. Mail sorting systems, package sorting systems, postal software, and automatic reading and coding systems are all examples of postal automation systems. The global Postal Automation System market is expected to rise at a considerable rate in the forthcoming years.
The global market for postal automation systems is primarily driven by the growing need for parcel delivery and automated sorting in the postal industry. This is because the traditional postal system has various drawbacks, including human error, longer processing times, and more labor requirements. Additionally, during the projected period, the rising need for industrial automation is expected to enhance the demand for postal automation systems around the world. Furthermore, the global demand for postal automation systems is being propelled by the rise of the e-commerce industry and rising labor expenses. In addition, an increase in the volume of parcels and packages is a major driver of the global postal automation systems market. Another significant reason expected to drive demand for postal automation systems globally in the forthcoming years is an increase in end-user desire for faster parcel delivery.
However, the global market is constrained by high maintenance costs, dwindling volumes of traditional mail, and operational and design issues. The evolution of the IoPT (Internet of Postal Things), on the other hand, is a prominent driver that is predicted to provide profitable chances for the industry in the coming years.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Component, Product, Technology, Application, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Siemens AG, Toshiba Corporation, NEC Corporation, Pitney Bowes India Private Limited, Solystic SAS, Vanderlande Industries B.V., Fives Group, Leonardo S.p.A., Lockheed Martin Corporation, Beumer Group. |
Covid-19 Impact on Postal Automation System Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Postal Automation System Market Segment Overview
According to Component, Hardware is the most prominent segment in the global Postal Automation System market. New system installations for capacity expansion and updates in sensors, processors, scanners, and recognition systems can be ascribed to hardware's leadership position in terms of market size. These hardware systems, on the other hand, necessitate routine maintenance as well as hardware and software upgrades. Automation equipment manufacturers and postal operators establish high-value contracts for after-sales services. As a result, the services market is predicted to develop at the fastest rate over the forecast period.
Postal Automation System Market, By Component
- Software
- Hardware
- Services
- Maintenance & Repair
- Training & Consulting
- Software Upgrades & Technical Support
Postal Automation System Market, By Product
· Mail Sorting Systems
· Parcel Sorting Systems
· Postal and Parcel Software
· Automatic Reading and Coding Systems
Postal Automation System Market, By Technology
· Letter Sorters
· Culler Facer Cancellers
· Mixed Mail Sorters
· Parcel Sorters
· Flat Sorters
Postal Automation System Market, By Application
· Express
· Courier & Parcel
· Government Postal
Postal Automation System Market Regional Overview
In terms of region, the market in North America is expected to enlarge at a considerable growth rate in the forecast period. This is mainly owing to the presence of key CEP and postal companies in the region. Further, the market in the Asia Pacific is anticipated to increase significantly in the forecast period. The region is projected to offer noteworthy opportunities to the postal automation systems market in the coming years. Growth of the e-commerce industry in China, Japan, and India and technological advancements in the postal & parcel automation industry is boosting the demand for postal automation systems in the Asia Pacific. As a result, the region is seeing a surge in the deployment of postal automation systems.
Postal Automation System Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Postal Automation System Market, Key Players
· Siemens AG
· Toshiba Corporation
· NEC Corporation
· Pitney Bowes India Private Limited
· Solystic SAS
· Vanderlande Industries B.V.
· Fives Group
· Leonardo S.p.A.
· Lockheed Martin Corporation
· Beumer Group
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Postal Automation System market during the forecast period?
The Postal Automation System market is expected to record a CAGR of ~ 7 % during the forecast period.
Q2. What are the driving factors for the Postal Automation System market?
The global market for postal automation systems is primarily driven by the growing need for parcel delivery and automated sorting in the postal industry
Q3. Which segment is projected to hold the largest share in the Postal Automation System Market?
Hardware segment is projected to hold the largest share in the Postal Automation System Market.
Q4. Which region is holds largest share in the Postal Automation System market?
North America held largest share in the global Postal Automation System market
Q5. Which are the prominent players in the Postal Automation System Market?
Siemens AG, Toshiba Corporation, NEC Corporation, Pitney Bowes India Private Limited, Solystic SAS, Vanderlande Industries B.V., Fives Group, Leonardo S.p.A., Lockheed Martin Corporation, Beumer Group. are some key players in the Postal Automation System Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Postal Automation System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Component
- 5.2.1. Software
- 5.2.2. Hardware
- 5.2.3. Services
- 5.2.3.1. Maintenance & Repair
- 5.2.3.2. Training & Consulting
- 5.2.3.3. Software Upgrades & Technical Support
- 5.3.1. Mail Sorting Systems
- 5.3.2. Parcel Sorting Systems
- 5.3.3. Postal and Parcel Software
- 5.3.4. Automatic Reading and Coding Systems
- 5.4.1. Letter Sorters
- 5.4.2. Culler Facer Cancellers
- 5.4.3. Mixed Mail Sorters
- 5.4.4. Parcel Sorters
- 5.4.5. Flat Sorters
- 5.5.1. Express
- 5.5.2. Courier & Parcel
- 5.5.3. Government Postal
- 5.6.1. North America
- 5.6.2. Europe
- 5.6.3. Asia Pacific
- 5.6.4. Latin America, Middle East and Africa
6. North America Postal Automation System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Component
- 6.2.1. Software
- 6.2.2. Hardware
- 6.2.3. Services
- 6.2.3.1. Maintenance & Repair
- 6.2.3.2. Training & Consulting
- 6.2.3.3. Software Upgrades & Technical Support
- 6.3.1. Mail Sorting Systems
- 6.3.2. Parcel Sorting Systems
- 6.3.3. Postal and Parcel Software
- 6.3.4. Automatic Reading and Coding Systems
- 6.4.1. Letter Sorters
- 6.4.2. Culler Facer Cancellers
- 6.4.3. Mixed Mail Sorters
- 6.4.4. Parcel Sorters
- 6.4.5. Flat Sorters
- 6.5.1. Express
- 6.5.2. Courier & Parcel
- 6.5.3. Government Postal
- 6.6.1. U.S.
- 6.6.2. Canada
7. Europe Postal Automation System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Component
- 7.2.1. Software
- 7.2.2. Hardware
- 7.2.3. Services
- 7.2.3.1. Maintenance & Repair
- 7.2.3.2. Training & Consulting
- 7.2.3.3. Software Upgrades & Technical Support
- 7.3.1. Mail Sorting Systems
- 7.3.2. Parcel Sorting Systems
- 7.3.3. Postal and Parcel Software
- 7.3.4. Automatic Reading and Coding Systems
- 7.4.1. Letter Sorters
- 7.4.2. Culler Facer Cancellers
- 7.4.3. Mixed Mail Sorters
- 7.4.4. Parcel Sorters
- 7.4.5. Flat Sorters
- 7.5.1. Express
- 7.5.2. Courier & Parcel
- 7.5.3. Government Postal
- 7.6.1. UK
- 7.6.2. Germany
- 7.6.3. France
- 7.6.4. Italy
- 7.6.5. Spain
- 7.6.6. Russia
- 7.6.7. Rest of Europe
8. Asia Pacific Postal Automation System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Component
- 8.2.1. Software
- 8.2.2. Hardware
- 8.2.3. Services
- 8.2.3.1. Maintenance & Repair
- 8.2.3.2. Training & Consulting
- 8.2.3.3. Software Upgrades & Technical Support
- 8.3.1. Mail Sorting Systems
- 8.3.2. Parcel Sorting Systems
- 8.3.3. Postal and Parcel Software
- 8.3.4. Automatic Reading and Coding Systems
- 8.4.1. Letter Sorters
- 8.4.2. Culler Facer Cancellers
- 8.4.3. Mixed Mail Sorters
- 8.4.4. Parcel Sorters
- 8.4.5. Flat Sorters
- 8.5.1. Express
- 8.5.2. Courier & Parcel
- 8.5.3. Government Postal
- 8.6.1. China
- 8.6.2. India
- 8.6.3. Japan
- 8.6.4. Australia
- 8.6.5. South East Asia
- 8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Postal Automation System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Component
- 9.2.1. Software
- 9.2.2. Hardware
- 9.2.3. Services
- 9.2.3.1. Maintenance & Repair
- 9.2.3.2. Training & Consulting
- 9.2.3.3. Software Upgrades & Technical Support
- 9.3.1. Mail Sorting Systems
- 9.3.2. Parcel Sorting Systems
- 9.3.3. Postal and Parcel Software
- 9.3.4. Automatic Reading and Coding Systems
- 9.4.1. Letter Sorters
- 9.4.2. Culler Facer Cancellers
- 9.4.3. Mixed Mail Sorters
- 9.4.4. Parcel Sorters
- 9.4.5. Flat Sorters
- 9.5.1. Express
- 9.5.2. Courier & Parcel
- 9.5.3. Government Postal
- 9.6.1. Brazil
- 9.6.2. Saudi Arabia
- 9.6.3. UAE
- 9.6.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Siemens AG
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Toshiba Corporation
- 10.6. NEC Corporation
- 10.7. Pitney Bowes India Private Limited
- 10.8. Solystic SAS
- 10.9. Vanderlande Industries B.V.
- 10.10. Fives Group
- 10.11. Leonardo S.p.A.
- 10.12. Lockheed Martin Corporation
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
