|05-16-2019 08:56 AM CET - IT, New Media & Software||
Global postal automation system Market SWOT Analysis to 2027 Lead By BEUMER GROUP, Fives, Leonardo S.p.A, Lockheed Martin, NEC Technologies, Pitney Bowes, SOLYSTIC - Strategy & Business Development, Siemens, Toshiba India, Vanderlande Industries B.V
Press release from: The Insight Partners
Postal automation is a process of delivering mail from sender to recipient quickly, reliably and economically. Hardware systems are used to sort letters and parcels based on their barcode reading, shape, size, and volume, and then they are diverted to their respective delivery destinations. Various types of systems are used including letter sorters, flat sorters, and parcel sorters in the postal industry.
The postal automation system market is heavily influenced by driving factors such as growth in the e-commerce industry, increasing labor costs and increasing need for automated sorting and delivery processes in the Postal industry boosts the market growth. However, the declining volume of traditional letters and high initial investments and maintenance cost is impacting negatively on the growth of this market in the current market scenario.
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Some of the leading players in global market:
Lockheed Martin Corporation
NEC Technologies India Private Limited
Pitney Bowes India Private Limited
SOLYSTIC - Strategy & Business Development
Toshiba India Pvt. Ltd.
Vanderlande Industries B.V
The global postal automation system market is segmented on the basis of technology, application and component. Based on technology type the market is segmented as culler facer cancellers, letter sorters, flat sorters, mixed mail sorters and parcel sorters. Further the parcel sorters is segmented as linear parcel sorters and loop parcel sorters. Based on the application the market is segmented as government postal and courier, express and parcel. On the basis of the component the market is segmented as hardware, software and services.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global postal automation system market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Postal automation system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting postal automation system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Postal automation system market in these regions.
The reports cover key developments in the Postal automation system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Postal automation system market are anticipated to lucrative growth opportunities in the future with the rising demand for Postal automation system in the global market. Below mentioned is the list of few companies engaged in the Postal automation system market.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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This release was published on openPR.
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