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Parcel and Postal Automation Systems Market Worth $4,497.1 Million By 2025

The global parcel and postal automation market is projected to reach USD 4,497.1 million in 2025 from USD 2,830.0 million in 2018, growing at a CAGR of 6.8%. Parcel and postal automation systems include parcel sorting systems, mail sorting systems, automatic reading and coding systems, and parcel and postal software. Growth in the e-commerce industry, increasing labor costs, and rising need for automated sorting and delivery processes in the postal industry are the key factors driving the growth of the global parcel and postal automation systems market.

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Parcel and Postal Automation Systems Market Worth $4,497.1 Million By 2025

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  1. Parcel and Postal Automation Market 2018- 2025 Parcel and Postal Automation Systems Market Worth $4,497.1 Million By 2025 Meticulous Research® – leading global market research company published a research report titled “Parcel and Postal Automation Systems Market by Product (Parcel Sorting Systems, Mail Sorting Systems, Automatic Reading and Coding systems, Parcel and Postal Software), Component (Hardware, Software, Services), Application (Courier, Express, & Parcel; Government Postal), and Geography– Global Forecast to 2025”. According to this latest publication from Meticulous Research®, the global parcel and postal automation systems market is projected to reach $4,497.1 million in 2025 from $2,830.0 million in 2018, growing at a CAGR of 6.8%. The growth of this market will be driven by factors such as growth in the e-commerce industry, increasing labor costs, and rising need for automated sorting and delivery processes in the postal industry. On the other hand, the declining volume of traditional mails, along with design and operational challenges are expected to be the key challenges of this market. Get Free Sample Copy of This Report at: https://www.meticulousresearch.com/download-sample- report/cp_id=4427 The global parcel and postal automation systems market study presents historical market data in terms of values (2016 and 2017), estimated current data (2018), and forecasts for 2025-by product (parcel sorting systems, mail sorting systems, automatic reading and coding systems, and parcel and postal software), component (hardware, software, and services), and application (courier, express, & parcel; government postal). The study also evaluates industry competitors and analyzes the market at regional and country level. On the basis of product, the global parcel and postal automation market is segmented into parcel sorting systems, mail sorting systems, automatic reading and coding systems, and parcel and postal software broadly. Parcel sorting systems segment is further segmented into linear and loop parcel sorters. Linear parcel sorters hold the largest share of the parcel sorting systems; however, loop parcel sorters are expected to grow at the fastest growth rate owing to increasing parcel volumes and increased utilization of space by companies. Mail sorting systems are further segmented into letter sorters, culler facer cancellers, flat sorters, and mixed mail sorters. The letter sorter systems segment accounted for the largest share of the mail sorting systems market, whereas culler facer cancellers will witness the fastest growth during the forecast period owing to advancements in IT solutions. Follow Us On:

  2. Parcel and Postal Automation Market 2018- 2025 On the basis of application, parcel and postal automation systems market is segmented into two major segments namely, government postal: and courier, express & parcels. Courier, express & parcels segment accounted for the largest share of the global parcel and postal automation systems market in 2017. However, government postal segment will witness the fastest growth during the forecast period owing to increasing adoption of digitization and developments in the government postal sector. Browse in-depth Report with TOC at: https://www.meticulousresearch.com/product/parcel-postal-automation- systems-market/ This research report analyzes major geographies and provides comprehensive analysis of North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and RoE), Asia Pacific (China, Japan, Korea, India, and RoAPAC), Latin America, and Middle East & Africa. North America accounted for the largest share of the global parcel and postal automation systems market in 2017. Factors such as highly growing e-commerce industry in the U.S., increasing demand for automation, and presence of well-established infrastructure which allows implementation of advanced technologies are expected to drive the growth of parcel and postal automation systems market in this region. However, APAC region is expected to grow with the highest growth rate during the forecast period. Factors such as rising online, and e-commerce sales are driving the growth of the parcel and postal automation systems market in this region. The key players profiled in the global parcel and postal automation systems market report are Siemens AG, Beumer Group, Pitney Bowes, Vanderlande Industries, Solystic SAS, Toshiba, NEC Corporation, Zebra Technologies, Fives Group, and National Presort Inc. Asia Pacific: Fastest Growing Regional Market Asia Pacific comprising of China, India, Korea, Japan, and Rest of Asia Pacific (RoAPAC) will witness the fastest growth during the forecast period (2018–2025). The parcel and postal automation market is rapidly growing in the Asia-Pacific region due to rising online and e commerce sales. The market in this region has altered its way of communication to smartphones which has declined the market for letters, but with the increase in the awareness to the online purchases, the market for parcels has tremendously increased. This has resulted in the growing demand for parcel and postal automation systems in the region. Toshiba (Japan), NEC (Japan), and Vanderlande (Japan) are among the key players operating in this region. Follow Us On:

  3. Parcel and Postal Automation Market 2018- 2025 About Us: The name of our company defines our services, strengths, and values. Since the inception, we have endeavoured to research, analyze and present the critical market data with great attention to details. Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Khushal Meticulous Research® Contact Sales- +1-646-781-8004 Email: sales@meticulousresearch.com Website: https://www.meticulousresearch.com Browse Our Blog: https://globalmarketstudy.blogspot.com/ Find us on: | LinkedIn | Twitter | Follow Us On:

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