Global Postal Automation System Market Growth (Status and Outlook) 2023-2029

Global Postal Automation System Market Growth (Status and Outlook) 2023-2029

The market for Postal Automation System is expected to witness a significant growth during the forecast period owing to the increasing demand for parcel sorters in the postal industry. The demand for parcel sorters is rapidly increasing owing to the rise in parcel volumes.

LPI (LP Information)' newest research report, the “Postal Automation System Industry Forecast” looks at past sales and reviews total world Postal Automation System sales in 2022, providing a comprehensive analysis by region and market sector of projected Postal Automation System sales for 2023 through 2029. With Postal Automation System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Postal Automation System industry.

This Insight Report provides a comprehensive analysis of the global Postal Automation System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Postal Automation System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Postal Automation System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Postal Automation System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Postal Automation System.

The global Postal Automation System market size is projected to grow from US$ 648.2 million in 2022 to US$ 837.9 million in 2029; it is expected to grow at a CAGR of 3.7% from 2023 to 2029.

Increased use of parcel shipping by traditional customers, along with the growth in internet retailing and new parcel shipping Services, is boosting the demand for parcel sorters to automate and upgrade hub infrastructure. Moreover, a decline in traditional mail volume has put postal operators under pressure to upgrade their infrastructure for increasing parcel mail volume.

This report presents a comprehensive overview, market shares, and growth opportunities of Postal Automation System market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Hardware
Software
Services

Segmentation by application
Government Postal
Courier, Express, & Parcel

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens AG
Toshiba
NEC
Pitney Bowes
SOLYSTIC
Vanderlande
Fives Group
Leonardo
Lockheed Martin
Beumer Group

Please note: The report will take approximately 2 business days to prepare and deliver.