Global Postal Automation System Market

Posted by geeta narwade on November 12th, 2019

Global Postal Automation System Market is expected to reach USD 1182.85 Million by 2024 from USD 720.11 Million in 2016 at a CAGR of 6.4 % (Detailed analysis of the market CAGR is provided in the report). The postal automation software is expected to grow at a significant growth during the forecast period due to the increasing need of automation in the almost all the industries and increasing labor costs.

  

The global postal automation system market based on component is classified into software, hardware and services. The hardware segment leads the market in 2016 that can be attributed to new system upgrades for increasing capacity in sensors, scanners, processors, and recognition systems. The services segment is expected to grow at a high rate during the forecast period. Based on technology the parcel sorters held the largest shares of the market. Sortation systems play a vital role in refining the efficiency of postal operations. The deterioration in traditional mail volume has put postal operators to upgrade their system for increasing parcel mail volumes, hence parcel sorters plays a vital role in parcel delivery operations.

Geographically, the Postal Automation System market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America is expected to be largest market for postal automation system during the forecast period. The growth of this region can be attributed to the presence of major postal and CEP companies and renovation of existing postal automation systems in this region has increased the installation or capacity of these systems.

The years that have been considered for the study are:

• Base year – 2016

• Estimated year – 2017

• Forecast period – 2017 to 2024

Key Highlights:

• Global Postal Automation System market analysis and forecast, in terms of volume and value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the global Postal Automation System market.

• Global Postal Automation System market segmentation on the basis of component, technology, application and geography (country-wise) has been provided.

• Global Postal Automation System market strategic analysis with respect to individual growth trends, future prospects along with contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Postal Automation System market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the global Postal Automation System market are also profiled.

Research Methodology:

Bloomberg, Hoovers, Factiva are some of the sites that are being referred to gain insights about global postal automation system market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the global postal automation system market globally.

Global postal automation system marketplace is growing with the presence of major companies holding a large market share.

Key Players of the Global Postal Automation System Market:

• Siemens AG

• NEC

• Toshiba

• Pitney Bowes

• Vanderlande

• Solystic

• Fives Group

• Lockheed Martin

• Leonardo

• Beumer Group

• National Presort (NPI)

• Interroll

• Dematic

• Eurosort Systems

• Intelligrated

Key Target Audience:

• Designers and manufacturers of postal automation systems

• Postal associations and insurance companies

• System integrators of postal automation systems

• Postal automation software providers

• Material handling and automation organizations

• Parcel sortation system providers

• Research organizations, associations and consulting companies

For More Information Visit @:https://www.maximizemarketresearch.com/market-report/global-postal-automation-system-market/7575/

The Scope of the Global Postal Automation System Market:

The research report segments the global Postal Automation System market based on component, technology, application, and geography

Global Postal Automation System Market, By Component:

• Software

• Hardware

• Services

Global Postal Automation System Market, By Technology:

• Culler Facer Cancellers

• Flat Sorters

• Letter Sorters

• Parcel Sorters

• Mixed Mail Sorters

• Others

Global Postal Automation System Market, By Application:

• Government Postal

• Courier, Express, & Parcel

Global Postal Automation System Market, By Geography:

• North America

• Europe

• Asia Pacific

• Middle East & Africa

• Latin America

Geographic Analysis:

• Breakdown of North America Global Postal Automation System Market

• Breakdown of Europe Global Postal Automation System Market

• Breakdown of Asia Pacific Global Postal Automation System Market

• Breakdown of Middle East & Africa Global Postal Automation System Market

• Breakdown of Latin America Global Postal Automation System Market

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geeta narwade

About the Author

geeta narwade
Joined: September 2nd, 2019
Articles Posted: 100

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