Postal Automation System Market 2023 Driving Factors Forecast Research 2029

Postal automation system market is anticipated to grow at a CAGR of 10.6% during the forecast period (2023-2030). Postal automation system is the letter-handling machine used to provide high address reading rates and high processing speed. It simplifies the process of sorting and delivery in the postal industry in response to reducing human errors. The growing adoption of postal automation is the key factor supporting the growth of the market globally. The market players are also focusing on introducing intelligent sensor postal automation system that further bolster the market growth. For instance, in September 2020, Siemens Logistics GmbH launched Misplaced Item Clearer (MIC) unique innovation for the quick and seamless processing of small and light e-commerce items on cross-belt sorters in parcel centres. An intelligent sensor system detects misplaced parcels lying on the cover plates and determines their exact positions.

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According to the US Postal Service (USPS), in March 2023, The largest piece of automated equipment, the Enhanced Package Processing System (EPPS), sorts packages at 25,000 pieces per hour. The Automated Flat Sorting Machine (AFSM) sorts flat mail at 17,000 pieces per hour. The Automated Package Processing System (APPS) sorts packages and bundles of mail at 9,500 pieces per hour. The High Throughput Parcel Sorter (HTPS) sorts packages and bundles at 15,000 pieces per hour. The Automated Parcel and Bundle Sorter (APBS) sorts packages and bundles of mail at 6,500 pieces per hour.

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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Postal Automation System Market by Component
o Software
o Hardware
o Services

Global Postal Automation System Market by Product
o Mail Sorting Systems
o Parcel Sorting Systems
o Postal and Parcel Software
o Automatic Reading and Coding Systems

Global Postal Automation System Market by Technology
o Culler Facer Canceller
o Letter Sorter
o Flat Sorter
o Mixed Mail Sorters
o Parcel Sorters

Global Postal Automation System Market by Application
o Commercial Postal
o Government Postal

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o Bell and Howell
o Beumer Group GmbH & Co. KG
o BlueCrest
o BOEWE SYSTEC GmbH
o Fives Intralogistics Corp.
o Honeywell Intelligrated
o ID MAIL SYSTEMS, INC.
o Interroll Group
o Leonardo S.p.A.
o Lockheed Martin Corp.
o NEC Corp.
o OPEX Corp
o Prime Vision
o Siemens Logistics GmbH
o Solystic S.A.S.
o Vanderlande Industries B.V.
o VITRONIC Group
o Xerox Corp.

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global postal automation system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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