A postal automation system is an intelligent solution for effective and parcel sorting and bringing mails from the sender to the recipient reliably and quickly. Postal automation systems include mail sorting systems, parcel sorting systems, postal software, and automatic reading and coding systems. Currently, the volume of parcels and packages is continuously on the rise, primarily due to increasing online shopping by end-users. Thus, the demand for efficient and reliable solutions for sorting parcels and delivering them to the recipient on time is increasing. Postal automation systems simplify the complete mail processing chain from pre-sorting to sequencing. These systems reduce fixed costs and improve the quality of service.
The "Global Postal Automation System Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the postal automation system market with detailed market segmentation by technology, application, component industry and geography. The report provides key statistics on the market status of the leading postal automation system market players and offers key trends and opportunities in the market.
- Based on technology, the global postal automation system market is segmented into culler facer cancellers, letter sorters, flat sorters, mixed mail sorters, parcel sorters, others
- On the basis of application, the market is segmented into government postal, courier, express and parcel
- Based on component, the market is bifurcated into software, hardware, services
- Growth in the E-Commerce Industry.
- Increasing Labor Costs.
- Increasing Need for Automated Sorting and Delivery Processes in the Postal Industry.
- Declining Volume of Traditional Letters
- High Initial Investments and Maintenance Costs
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The postal automation system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the postal automation system market in these regions.
IMPACT OF COVID-19 ON POSTAL AUTOMATION SYSTEM MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
The report covers key developments in the postal automation system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from postal automation system market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the postal automation system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BEUMER GROUP
- Fives Soci
- Leonardo S.p.A
- Lockheed Martin Corporation
- NEC Corporation
- Pitney Bowes Inc.
- SOLYSTIC SAS
- Siemens AG
- Toshiba Corporation
- Vanderlande Industries B.V.
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.