Postal Automation System report has been created in such a way that it proves to be the most suitable to the business needs. Moreover, this market report gives idea to clients about the market drivers and restraints with the help of SWOT analysis and also provides all the CAGR projections for the historic year 2017, base year 2018 and forecast period of 2019-2026. This market study also evaluates the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
Global postal automation system market is expected to rise from its initial estimated value of USD million in 2018 to an estimated value of USD million by 2026, registering a substantial CAGR of 7.8% in the forecast period of 2019-2026. Increasing cost of labour expenses is a key factor for the growth of this market.
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Global Postal Automation System Market By Component (Hardware, Software, and Services), Product (Mail Sorting Systems, Parcel Sorting Systems, Postal and Parcel Software, Automatic Reading and Coding Systems), Technology (Culler Facer Canceller, Letter Sorter, Flat Sorter, Mixed Mail Sorters, Parcel Sorters), Application (Government Postal, Courier and Parcel, Express), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Complete report on Global Postal Automation System Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Postal Automation System Market
Postal automation system automates all the operations carried out in post offices or courier center to become faster and efficient. It is a combination of various operations to offer reliable, quicker and economical solution for the customers such as sorting, reading, coding among others. The postal automation system offers the cost effective solution for the market as well as it almost reduces the handling and sorting errors done by the workers. It helps the organisation to improvise the customer’s service giving competitive advantage over others.
Key Questions Answered in Global Postal Automation System Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Postal Automation System Market in 2026?
- What are the key factors driving, Analysis by Applications and Countries Global Postal Automation System Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Postal Automation System Market?
- Who are Opportunities, Risk and Driving Force of Global Postal Automation System Market?
- Who are the opportunities and threats faced by the vendors in Global Postal Automation System Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Postal Automation System Market opportunities, market risk and market overview of the Market?
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Top Key Players:
- NEC Corporation,
- TOSHIBA CORPORATION,
- EuroSort Systems BV,
- Honeywell International Inc,
- Bastian Solutions, Inc.,
- Falcon Autotech Private Limited,
- GBI Intralogistics, Inc,
- Fluence Automation, LLC,
- ID Mail Systems, Inc.,
- OPEX Corporation,
- Planet Artificial Intelligence GmbH,
- OCM Spa,
- BÖWE SYSTEC GmbH,
- Vanderlande Industries,
- Pitney Bowes Inc.,
- SOLYSTIC SAS,
- among others.
- Increased cost of labours is expected to drive the market growth
- Increasing demand of automated solution in postal industry is augmenting the growth of market
- Rising demand E-commerce solution is another factor boosting the market growth
- Growing urbanisation and digitalisation in developing countries will spur the demand of fast postal services
- High investment cost is required for installations.
- Downsizing of the traditional letter market is another factor restricting this market growth
Key Developments in the Market:
- In September 2017, Kern AG, a technology provider for inserting systems, digital printers, logistic and other introduced new packaging system at POST-EXPO 2017. The new system offers the PackOnTime features to offer efficient and quick system for the packaging industry. This automatically packages the items saving costs by conducting the process on time. Through this offering, the company fortified their product portfolio by increasing their presence in the packaging industry
- In February 2017, NEC Corporation, IT and network technology provider introduced new function in their postal automation systems. The postal automation systems installed in Hong Kong Post in now comprised of traditional Chinese characters. The new function is installed in the 15 systems operated by Hong Kong Post delivered by the NEC. Through this company improved their service in the Chinese market as well as increased their goodwill in the market.
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Global Postal Automation System Market is segmented on the basis of
Market Segmentations in Details:
- Mail Sorting Systems
- Parcel Sorting Systems
- Postal And Parcel Software
- Automatic Reading And Coding Systems
- Culler Facer Cancellers
- Letter Sorters
- Flat Sorters
- Mixed Mail Sorters
- Parcel Sorters
- Government Postal
- Courier & Parcel
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Rest of South America
Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA
Competitive Analysis: Global Postal Automation System Market
Global postal automation system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of postal automation system market for global, Europe, North America, Asia Pacific and South America.
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