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Postal Automation System Market 2024-2032

The global postal automation system market size is expected to reach USD 1,308.8 Million by 2030, according to a new study by Polaris Market Research.

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Postal Automation System Market 2024-2032

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  1. Postal Automation System Market Expected to Reach USD 1,308.8 Million By 2030 | CAGR: 6.56% Postal Automation System Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Services); By Application; By Product; By Technology; By Region; Segment Forecast, 2022 - 2030

  2. Postal Automation System Market Estimate & Forecast • According to the research report, the global postal automation system market was valued at USD 749 million in 2021 and is expected to reach USD 1,308.8 Million by 2030, to grow at a CAGR of 6.56% during the forecast period. • The report "Postal Automation System Market Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software and Services); By Application; By Product; By Technology; By Region; Segment Forecast, 2022-2030" gives a detailed insight into current market dynamics and provides analysis on future market growth. • The increased demand for automated sorting and quicker parcel delivery drives market growth. Companies across various industries are adopting advanced sortation systems due to rising automation to cut labor costs, eliminate errors, and boost productivity. Major technology suppliers and developers are becoming more interested in cutting-edge postal automation systems, which benefit the market. To ensure high accuracy and speed of parcel delivery, postal operators are expected to invest in these technologies.

  3. Postal Automation System Market Report Highlights • Hardware component accounted for the highest revenue, owing to advances in processors, recognition, sensors, and scanner systems, as well as the desire for new systems to enhance existing capacity. • Parcel sorting system category accounted for spearheading revenue growth. Sortation is the process of identifying goods on conveyer systems and redirecting them to the desired destination using a variety of software-controlled devices • Culler facer canceller is anticipated to see a robust CAGR over the forecast period. This is due to culler facer canceller capacity to distinguish between different types of mail, including postal cards and letter envelopes, by thickness, width, stiffness, and length is said to be a contributing factor to its expansion. • North America had a major share in 2021 and is estimated to witness lucrative growth over the projected period. The dominance is attributed to the growing use of advanced technologies in postal services and the presence of significant market players in the region.

  4. Postal Automation System Market Competitive Landscape • The study then includes the competitive insights of market across various regions wherein our research analysts explores in-depth profiles of main players along with new product launches, recent technologies influencing the target market. The competitive study section also contains production, major development strategies, revenue, and growth rate for the leading players. This assessment will aid market players to stay ahead of competitive landscape and boost productivity. Major players operating in the market are: • Siemens AG, NEC, Toshiba, Pitney Bowes, Vanderlande, Solystic, Fives Group, Lockheed Martin, Leonardo, Beumer Group, National Presort (NPI), Interroll, Dematic, Eurosort Systems, Intelligrated, Honeywell International Inc, Bastian Solutions, Inc., Falcon Autotech Private Limited, GBI Intralogistics, Inc, Fluence Automation, LLC, OPEX Corporation, Planet Artificial Intelligence Gmb • Browse Complete Report

  5. About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for a clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors, and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and highly qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Web:www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com

  6. Thank You! Thank You! • Polaris Market Research30 Wall Street8th Floor, New York City, NY 10005,United States sales@polarismarketresearch.com +1-929 297-9727

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