The global postal automation systems market is projected to have a moderate-paced CAGR of 6.8% during the forecast period. The current valuation of the postal automation systems market is US$ 854.33 million in 2023. The demand for postal automation systems is anticipated to reach a high of US$ 1649.44 million by the year 2033.
This growth in the sales of Postal Automation Systems is supported by the following:
| Attributes | Details |
|---|---|
| Market Value (2023) | US$ 854.33 million |
| Market Value (2033) | US$ 1649.44 million |
| CAGR | 6.8% |
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The postal automation system hardware segment is anticipated to account for a sizable percentage of the overall market. All forms of automation in any given end-user sector involve a network of interrelated hardware nodes and informational answers. Therefore, as the requirement for automation grows, the postal and parcel business is expected to require a hardware component.
Market growth is anticipated to be led by an increase in the deployment of new systems as part of capacity expansion and enhancements to the existing system as part of automation in the postal sector.
In addition, the proliferation of online shopping has resulted in a rise in the number of packages shipped all over the world. Additionally, international e-commerce has contributed to the expansion of parcel shipping. Owing to this, improving the postal industry's supply chain necessitates an automated and networked hardware infrastructure.
These systems, however, require regular maintenance as well as software and hardware updates. Both postal service providers and manufacturers of the automation technology sign pricey maintenance and support agreements. Therefore, the service sector is anticipated to experience the fastest market expansion over the forecast period.
In 2021, hardware accounted for over 66% of total income. This was mostly due to improvements in processing power, sensor accuracy, identification accuracy, and scanner accuracy, as well as the need for new systems to augment the aging infrastructure. Over the projection period, the market segment is expected to keep expanding rapidly.
Key providers of postal automation equipment are investing in Research and Development (R&D) and establishing production facilities in other countries to increase their market share. In August 2021, for example, Vanderlande Industries Inc., a logistics and material handling firm, announced plans to expand its operations campus in Marietta and Georgia. In order to keep up with the rising demand for its products, the company has spent around $59 million.
More and more transactions are being carried out digitally as more consumers use e-commerce websites. With the daily volume of packages increasing, postal services have turned to automation to better fulfill customers' needs. The increasing popularity of online shopping has contributed to the widespread implementation of postal automation equipment. In order to streamline the mail processing chain, boost service quality, and cut down on fixed costs like labor, the major players in the e-commerce industry are adopting automated postal delivery systems.
To keep up with the rising demand, the industry's top providers of postal automation equipment are concentrating on technological advancements. For instance, Siemens Logistics GmbH unveiled the VarioBelt TilterPlus, a belt conveyor with a revolutionary tilting device, in June 2021. This conveyor is intended to facilitate the expedited movement of luggage through airports. It provides benefits in three directions, resulting in less machinery being needed for baggage handling systems and less waste being produced.
Having postal services automated helps lessen reliance on human labor and associated costs. The rising cost of labor can be traced back to several factors, including falling productivity, high turnover rates, a skills gap, and government regulation of the traditional postal systems market. The automation of postal systems has helped businesses save money on labor while increasing efficiency and accuracy. As a result, growth in the market is forecast to be substantial over the next few years.
While the initial outlay to automate the postal service is substantial, the automation itself necessitates the setup of a sizable amount of hardware and software. To add to the system's variable costs, it needs regular upkeep after installation. Sensor malfunctions have a domino effect on the entire system, and software problems slow down the sorting process and disrupt operations.
Principal Consultant
Postal Automation Systems Market:
| Differentiating Aspects | Postal Automation Systems Market |
|---|---|
| CAGR | 6.8% |
| Market Valuation in 2023 | US$ 854.33 million |
| Projected Market Value in 2033 | US$ 1649.44 million |
| Drivers |
|
Electric Motors for Electric Vehicle Market:
| Differentiating Aspects | Electric Motors for Electric Vehicle Market |
|---|---|
| CAGR | 20.3% |
| Market Valuation in 2023 | US$ 5,676.45 million |
| Projected Market Value in 2033 | US$ 14,302.27 million |
| Drivers |
|
Machine Condition Monitoring:
| Differentiating Aspects | Machine Condition Monitoring |
|---|---|
| CAGR | 9.1% |
| Market Valuation in 2023 | US$ 3,331.65 million |
| Projected Market Value in 2033 | US$ 7,066.06 million |
| Drivers |
|
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In 2021, over 43% of the global postal automation systems market was in North America. The presence of major market players in the area and the rising popularity of cutting-edge postal technologies are two major reasons for the expansion. Increases in labor expenses and shortages of available workers are also pushing businesses toward automation. Increasing demand for postal automation services from the public sector, the business financial services industry, and other sectors is driving the development of the market in the region.
In Europe, the demand for postal automation systems is expected to expand at a CAGR of 6.8 percent during the period of the forecast.
When looking at the European postal automation systems market, in 2021, Germany was far and away the leader, with a market value of $76.6 million by 2028. Forecasts place the United Kingdom market's rate of growth at 5.9% CAGR for the years in question. The French market is expected to grow at a CAGR of 7.5% over the same time frame.
Germany has one of the largest e-commerce markets in Europe. In comparison to Europe, the United States has more online shoppers, a larger share of the population that uses the internet, and higher annual spending overall. In 2021, total sales topped USD 127.5 billion, up 24% from the previous year. From an estimated 62.4 million in 2020, Germany's online population is expected to reach 68.4 million by 2025. German consumers are known for their high standards and aversion to taking chances when making purchases. The proliferation of smartphones is one factor propelling the postal automation systems market forward.
An estimated 10% CAGR growth in Asia Pacific’s sales of postal automation systems is predicted during the projection period. The rapid development of the online marketplace in nations like Japan, China, and India has stimulated the growth of the related e-commerce logistics business, which in turn has necessitated the development of cutting-edge logistics technology. Additionally, substantial expansion potential exists for the demand for postal automation systems in the Asia Pacific region due to rising demand from the BFSI sector.
In 2021, China was the most lucrative country in the Asia Pacific postal automation systems market, with a total market value of $90.5 million by 2032. To that end, the Japanese market is expected to expand at a CAGR of 7% during the projection time frame. Additionally, the Indian market is expected to grow at a CAGR of 8.3% over the forecast time frame.
Wage earners make up most of India's consumer class. More breadwinners mean more disposable money, which means the family can afford to buy whatever it wants. There has been a shift away from selling products and toward selling services in retail. India's consumer market is booming thanks to the country's favorable demographics, big working-age population, rising income levels, increasing urbanization, and rising brand orientation. Thus, these elements are expected to boost the growth of the regional postal automation systems market over the forecast period.
As the postal business undergoes several technological changes, the demand for postal automation systems worldwide is trending toward fragmentation. The market is dynamic; therefore businesses are always coming up with new ways to stay ahead of the competition through tactics like innovation and expansion.
Major recent developments and strategies adopted by the market players are:
Product Launches
In order to automate its newly formed 12,034 square meters international categorization center in Sordio, a suburb of Milan, Italy, the global logistics system has opted for physical handling specialist MHS worldwide.
The latest version of Vanderlande's scalable solutions was released in September of 2019. With the goal of reducing the total cost of ownership, DIRECTSORT provides a unified, future-proof, and easy-to-understand description of what kinds of packages need to be unloaded from trailers, forequarters, and load carriers (TCO).
Mergers and Acquisitions
TMEIC Corporation Americas is pleased to share the news that in April 2022, it acquired the Ports and Terminals Division from Orbita ingeniera, S.L. With the acquisition of TMEIC, it will be able to provide new and existing customers in the ports and depots with access to superior and tried-and-true OCR competencies, as well as a wider range of mechanization choices. Along with TMEIC's financial backing, operational support, and market impact, the present Ports and Terminals Division will be able to afford further growth and development opportunities.
In order to streamline operations at airports and airlines, Siemens Logistics proposed a suite of cutting-edge software solutions in October 2019. For predictively maintaining baggage treatment systems, this is Service 4.0. Predictions are created using aggregated data, and preventative measures are implemented to boost system dependability and reduce the frequency of unscheduled outages.
Partnerships and Collaborations
To create and install motorized grade and entirely electronic in private and public organizations in North America, beep Inc., and Mobile Eye have consciously partnered with Bentelers EV schemes.
Some of the prominent players in the Postal Automation Systems market are:
The growth outlook for the Postal Automation Systems market is predicted to advance at a CAGR of 6.8% from 2022 to 2032.
North American region is anticipated to lead the Postal Automation Systems market during the forecast period.
The valuation of the Postal Automation Systems market stands at US$ 854.33 million in 2023.
The Postal Automation Systems market is likely to hold a valuation of US$ 1649.44 million by 2033.
1. Executive Summary | Postal Automation Systems Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 4.1. Historical Market Size Value (US$ million) Analysis, 2017 to 2021 4.2. Current and Future Market Size Value (US$ million) Projections, 2022 to 2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Technology 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ million) Analysis By Technology, 2017 to 2021 5.3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Technology, 2022 to 2032 5.3.1. Culler Facer Canceller 5.3.2. Letter Sorter 5.3.3. Flat Sorter 5.3.4. Mixed Mail Sorter 5.3.5. Parcel Sorter 5.3.6. Others 5.4. Y-o-Y Growth Trend Analysis By Technology, 2017 to 2021 5.5. Absolute $ Opportunity Analysis By Technology, 2022 to 2032 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Component 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ million) Analysis By Component, 2017 to 2021 6.3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Component, 2022 to 2032 6.3.1. Hardware 6.3.2. Software 6.3.3. Services 6.4. Y-o-Y Growth Trend Analysis By Component, 2017 to 2021 6.5. Absolute $ Opportunity Analysis By Component, 2022 to 2032 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ million) Analysis By Application, 2017 to 2021 7.3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Application, 2022 to 2032 7.3.1. Commercial Postal 7.3.2. Government Postal 7.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2021 7.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ million) Analysis By Region, 2017 to 2021 8.3. Current Market Size Value (US$ million) Analysis and Forecast By Region, 2022 to 2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. Middle East and Africa (MEA) 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2017 to 2021 9.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2022 to 2032 9.2.1. By Country 9.2.1.1. The USA 9.2.1.2. Canada 9.2.2. By Technology 9.2.3. By Component 9.2.4. By Application 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Technology 9.3.3. By Component 9.3.4. By Application 9.4. Key Takeaways 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2017 to 2021 10.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2022 to 2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Technology 10.2.3. By Component 10.2.4. By Application 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Technology 10.3.3. By Component 10.3.4. By Application 10.4. Key Takeaways 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2017 to 2021 11.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2022 to 2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. The United Kingdom 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Technology 11.2.3. By Component 11.2.4. By Application 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Technology 11.3.3. By Component 11.3.4. By Application 11.4. Key Takeaways 12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2017 to 2021 12.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2022 to 2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Singapore 12.2.1.5. Thailand 12.2.1.6. Indonesia 12.2.1.7. Australia 12.2.1.8. New Zealand 12.2.1.9. Rest of Asia Pacific 12.2.2. By Technology 12.2.3. By Component 12.2.4. By Application 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Technology 12.3.3. By Component 12.3.4. By Application 12.4. Key Takeaways 13. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2017 to 2021 13.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2022 to 2032 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of MEA 13.2.2. By Technology 13.2.3. By Component 13.2.4. By Application 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Technology 13.3.3. By Component 13.3.4. By Application 13.4. Key Takeaways 14. Key Countries Market Analysis 14.1. The USA 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2021 14.1.2.1. By Technology 14.1.2.2. By Component 14.1.2.3. By Application 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2021 14.2.2.1. By Technology 14.2.2.2. By Component 14.2.2.3. By Application 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2021 14.3.2.1. By Technology 14.3.2.2. By Component 14.3.2.3. By Application 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2021 14.4.2.1. By Technology 14.4.2.2. By Component 14.4.2.3. By Application 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2021 14.5.2.1. By Technology 14.5.2.2. By Component 14.5.2.3. By Application 14.6. The United Kingdom 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2021 14.6.2.1. By Technology 14.6.2.2. By Component 14.6.2.3. By Application 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2021 14.7.2.1. By Technology 14.7.2.2. By Component 14.7.2.3. By Application 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2021 14.8.2.1. By Technology 14.8.2.2. By Component 14.8.2.3. By Application 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2021 14.9.2.1. By Technology 14.9.2.2. By Component 14.9.2.3. By Application 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2021 14.10.2.1. By Technology 14.10.2.2. By Component 14.10.2.3. By Application 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2021 14.11.2.1. By Technology 14.11.2.2. By Component 14.11.2.3. By Application 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2021 14.12.2.1. By Technology 14.12.2.2. By Component 14.12.2.3. By Application 14.13. Singapore 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2021 14.13.2.1. By Technology 14.13.2.2. By Component 14.13.2.3. By Application 14.14. Thailand 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2021 14.14.2.1. By Technology 14.14.2.2. By Component 14.14.2.3. By Application 14.15. Indonesia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2021 14.15.2.1. By Technology 14.15.2.2. By Component 14.15.2.3. By Application 14.16. Australia 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2021 14.16.2.1. By Technology 14.16.2.2. By Component 14.16.2.3. By Application 14.17. New Zealand 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2021 14.17.2.1. By Technology 14.17.2.2. By Component 14.17.2.3. By Application 14.18. GCC Countries 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2021 14.18.2.1. By Technology 14.18.2.2. By Component 14.18.2.3. By Application 14.19. South Africa 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2021 14.19.2.1. By Technology 14.19.2.2. By Component 14.19.2.3. By Application 14.20. Israel 14.20.1. Pricing Analysis 14.20.2. Market Share Analysis, 2021 14.20.2.1. By Technology 14.20.2.2. By Component 14.20.2.3. By Application 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Technology 15.3.3. By Component 15.3.4. By Application 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Toshiba Infrastructure Systems & Solutions Corporation 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.2. Körber AG 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.3. NEC Philippines, INC. 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.4. SOLYSTIC 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.5. Pitney Bowes Inc. 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.6. Vanderlande Industries B.V. 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.7. Fives Group 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.8. Leonardo S.p.A. 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.9. Lockheed Martin Corporation 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.10. BEUMER GROUP 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.11. Interroll Group 16.1.11.1. Overview 16.1.11.2. Product Portfolio 16.1.11.3. Profitability by Market Segments 16.1.11.4. Sales Footprint 16.1.11.5. Strategy Overview 16.1.11.5.1. Marketing Strategy 16.1.12. Dematic 16.1.12.1. Overview 16.1.12.2. Product Portfolio 16.1.12.3. Profitability by Market Segments 16.1.12.4. Sales Footprint 16.1.12.5. Strategy Overview 16.1.12.5.1. Marketing Strategy 16.1.13. Eurosort 16.1.13.1. Overview 16.1.13.2. Product Portfolio 16.1.13.3. Profitability by Market Segments 16.1.13.4. Sales Footprint 16.1.13.5. Strategy Overview 16.1.13.5.1. Marketing Strategy 16.1.14. Fluence Automation, LLC. 16.1.14.1. Overview 16.1.14.2. Product Portfolio 16.1.14.3. Profitability by Market Segments 16.1.14.4. Sales Footprint 16.1.14.5. Strategy Overview 16.1.14.5.1. Marketing Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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Postal Automation Systems Market
