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Evolving Market Trends In The Parcel And Postal Automation Systems Industry: Revolutionizing Parcel Sorting With Robot-Based Technology
The Parcel And Postal Automation Systems Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Parcel And Postal Automation Systems Market Size During the Forecast Period?
The parcel and postal automation systems market has grown significantly in recent years. It is expected to increase from $837.24 billion in 2024 to $903.13 billion in 2025, reflecting a CAGR of 7.9%. This growth can be linked to the rise in the e-commerce sector, an increase in shipments and packages, a growing demand for automation, the need for enhanced operational efficiency, and higher labor costs.
The parcel and postal automation systems market is projected to grow significantly in the coming years, reaching $1214.61 billion by 2029 with a compound annual growth rate (CAGR) of 7.7%. This growth is driven by the increasing need for efficient package sorting, monitoring of mail items, sustainability goals, demand for accurate and cost-effective parcel handling, and the expanding e-commerce sector. Key trends include the use of automated mobile robots, technological advancements in automation, data management via analytics, and AI integration in parcel sorting.
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What Are the High-Growth Segments in the Parcel And Postal Automation Systems Market?
The parcel and postal automation systems market covered in this report is segmented -
1) By Component: Hardware, Services, Software
2) By Technology: Delivery Barcode Sorter, Facer Canceller System
3) By Application: Courier, Express, And Parcels, Government Postal
Subsegments:
1) By Hardware: Automated Sorting Systems, Conveyors And Material Handling Equipment, Barcode Scanners And Readers, Automated Storage And Retrieval Systems (ASRS), Weighing And Dimensioning Systems, Automated Guided Vehicles (AGVs), Robotic Arms For Sorting And Packing, Labeling And Printing Machines
2) By Services: Consulting And System Design, Installation And Integration Services, Training Services, Maintenance And Support Services, Managed Services, Upgrade And Retrofit Services
3) By Software: Parcel Management Software, Warehouse Management Systems (WMS), Transportation Management Systems (TMS), Tracking And Tracing Software, Sorting And Routing Software, Fleet Management Software, Analytics And Reporting Software
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What Key Drivers Are Expected to Influence Future Parcel And Postal Automation Systems Market Growth?
The rise in the number of packages and shipments is anticipated to drive the growth of the parcel and postal automation systems market. This growth is fueled by the expansion of e-commerce, technological advancements, and changing consumer preferences. Parcel and postal automation systems play a key role in enhancing sorting, tracking, and delivery processes. For example, in 2023, the US parcel volume saw a 0.5% increase, rising from 21.5 billion units in 2022 to 21.7 billion units, indicating a growing demand for such systems.
Which Companies Hold the Largest Share Across Different Parcel And Postal Automation Systems Market Segments?
Major companies operating in the parcel and postal automation systems market are Schneider Electric SE, Honeywell International Inc., Toshiba Corporation, NEC Corporation, Leonardo S.p.A., Murata Machinery Ltd., Rockwell Automation Inc., Zebra Technologies Corp., Daifuku Co. Ltd., Dematic Corporation, YASKAWA Electric Corporation, Pitney Bowes Inc., Vanderlande Industries B.V., Körber AG, Fives, BEUMER Group GmbH & Co. KG, Siemens Logistics GmbH, Interroll Group, OPEX Corporation, Bastian Solutions LLC, Solystic SAS, National Presort LP, Falcon Autotech Private Limited, GBI Intralogistics Solutions, EuroSort Systems B.V., Bowe Systec GmbH
What Are the Latest Developing Trends in the Parcel And Postal Automation Systems Market?
Companies in the parcel and postal automation systems market are leveraging robot-based technologies for improved sorting capabilities. In January 2024, Viettel Post (VTPost), a Vietnam-based logistics provider, deployed 160 LiBiao 'Mini Yellow' robots at its Hanoi distribution hub. These robots can sort around 6,000 parcels per hour, efficiently managing varied parcel sizes and destinations.
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What Are the Emerging Geographies for The Parcel And Postal Automation Systems Market Growth?
North America was the largest region in the parcel and postal automation systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the parcel and postal automation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Parcel And Postal Automation Systems Market?
2. What is the CAGR expected in the Parcel And Postal Automation Systems Market?
3. What Are the Key Innovations Transforming the Parcel And Postal Automation Systems Industry?
4. Which Region Is Leading the Parcel And Postal Automation Systems Market?
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