Press release
Soaring Demand Set to Propel Postal Automation Market to $5.31 Billion by 2029
Postal Automation
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What Will the Postal Automation Industry Market Size Be by 2025?_x000D_
Recent years have seen a significant expansion in the postal automation market. The market, which is expected to rise from $3.91 billion in 2024 to $4.16 billion in 2025, is projected to grow at a compound annual growth rate (CAGR) of 6.5%. The historical growth has been driven by an uptick in online shopping, the revamp of current postal automation systems, the escalating demand for package delivery services, and the scaling up of system capacities._x000D_
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What's the Long-Term Growth Forecast for the Postal Automation Market Size Through 2029?_x000D_
The market size for postal automation is predicted to experience robust expansion in the coming years. By 2029, it is anticipated to reach $5.31 billion while recording a 6.3% growth rate annually. The key drivers for this prospective growth include the deployment of automated systems for parcel and mail sorting, packaging, and distribution, the rapid growth of the e-commerce sector, and the application of cost-saving measures to enhance operational efficiency and process streamlining. Over the forecast period, significant trends such as advancements in automation technologies, formation of strategic partnerships, and the introduction of innovative designs are expected to prevail._x000D_
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What Are the Key Growth Drivers Fueling the Postal Automation Market Expansion?_x000D_
Advancing demands for parcel delivery services are predicted to catalyze the expansion of the postal automation market. Parcel delivery services, the businesses or entities focused on handling the transit of parcels between various locations, are witnessing a swell due to the emergence of e-commerce and shifting consumer inclinations towards more convenient shopping experiences. These services employ postal automation to simplify sorting, tracking, and delivery operations, thereby increasing proficiency and guaranteeing precise and prompt delivery of packages worldwide. For instance, data published by the Parcel Shipping Index from Pitney Bowes Inc., a US-based postage and delivery service company, revealed a significant increase in the total volume of parcels in the US in 2023, registering a growth of 0.5% relative to the preceding year. In particular, it experienced a rise from 21.5 billion units in 2022 to 21.7 billion units in 2023. Consequently, these escalating demands for parcel delivery services is significant in driving up the growth in the postal automation market._x000D_
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What Are the Key Trends Driving Postal Automation Market Growth?_x000D_
Key players in the postal automation industry are increasingly focusing their efforts on the development and adoption of automation technologies like robot-based parcel sortation technology as a means of capturing a competitive market advantage. This technology is at the forefront of innovation, using autonomous guided robots to increase efficiency in the parcel sorting process of logistics operations. These robots demonstrate incredible proficiency, capable of handling thousands of parcels an hour, remarkably increasing the speed of order processing and drastically reducing error rates to almost zero. Come January 2024, a Vietnamese logistics company, Viettel Post (VTPost), wholly adopted the fully automated robot-based parcel sortation technology, integrating 160 LiBiao 'Mini Yellow' autonomous guided robots in its storage and distribution center in Hanoi. This revolutionary sorting system presents VTPost with the ability to process approximately 6,000 packages of differing sizes, weights, and forms per hour at the multi-client site. The system boasts over a thousand destination slots, wherein the robots, upon reaching their designated slot, deposit their package and return to the induction station to collect another order before commencing the process anew._x000D_
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How Is the Postal Automation Market Segmented?_x000D_
The postal automationmarket covered in this report is segmented -_x000D_
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1) By Type: Culler Facer Cancellers, Letter Sorters, Flat Sorters, Parcel Sorters, Mixed Mail Sorters, Other Types_x000D_
2) By Component: Hardware, Software, Services_x000D_
3) By Application: Government Postal, Courier, Express And Parcel_x000D_
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Subsegments:_x000D_
1) By Culler Facer Cancellers: Single-Function Culler Facer Cancellers, Multi-Function Culler Facer Cancellers_x000D_
2) By Letter Sorters: High-Speed Letter Sorters, Low-Speed Letter Sorters, Automated Letter Sorters_x000D_
3) By Flat Sorters: Manual Flat Sorters, Automated Flat Sorters_x000D_
4) By Parcel Sorters: Automated Parcel Sorters, Manual Parcel Sorters_x000D_
5) By Mixed Mail Sorters: High-Speed Mixed Mail Sorters, Low-Speed Mixed Mail Sorters_x000D_
6) By Other Types: Barcode Scanning Systems, Mail Handling Systems, Document Scanners_x000D_
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Which Companies Are Leading the Charge in Postal Automation Market Innovation?_x000D_
Major companies operating in the postal automation market report are Siemens AG; Honeywell International Inc.; Toshiba Corporation; NEC Corporation; Leonardo S.p.A.; Murata Machinery Ltd.; Dematic Corporation; YASKAWA Electric Corporation; Pitney Bowes Inc.; Vanderlande Industries B.V.; Korber AG; BEUMER Group GmbH & Co. KG; Interroll Group; OPEX Corporation; Bastian Solutions LLC; Solystic SAS; National Presort LP; Falcon Autotech Private Limited; Fives North American Combustion Inc.; GBI Intralogistics Solutions; EuroSort Systems B.V.; Bowe Systec GmbH_x000D_
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Which Regions Are Leading the Global Postal Automation Market in Revenue?_x000D_
North America was the largest region in the postal automation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the postal automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks._x000D_
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work._x000D_
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