Demand Scaling Up Parcel And Postal Automation Systems Market Growth: Powering Innovation and Expansion in the Global Parcel And Postal Automation Systems Market by 2025

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How Large Will the Parcel And Postal Automation Systems Market Size By 2025?_x000D_
In recent times, the market size of parcel and postal automation systems has seen considerable growth. The market is projected to expand from $837.24 billion in 2024 to $895.61 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.0%. This growth during the previous period is linked to the development of the e-commerce sector, amplified volume of packages and shipments, escalating demand for automation, the necessity for elevated operational efficacy, and the surge in labor costs._x000D_
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How Big Is the Parcel And Postal Automation Systems Market Size Expected to Grow by 2029?_x000D_
It is anticipated that the parcel and postal automation systems market will experience substantial growth in the coming years, elevating to an estimated worth of $1172.76 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 7.0%. This anticipated growth during the forecast period can be credited to the increasing demand for efficient parcel sorting techniques, the necessity for mail item monitoring, meeting sustainability objectives, and the growing requirement for precise, economical, and efficient handling of parcels alongside a prospering e-commerce sector. Predominant trends expected during the forecast period include the application of automated mobile robots, technological progression in the parcel and postal automation sector, data analytics usage for data management, and the integration of Artificial Intelligence in parcel sorting._x000D_
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Which Key Market Drivers Powering Parcel And Postal Automation Systems Market Expansion and Growth?_x000D_
The parcel and postal automation systems market is anticipated to expand due to the escalating quantity of packages and shipments. The process of preparing, transporting, and delivering goods from one place to another is encapsulated by packages and shipments, where packages are the individual units that hold items and shipments are the collective units of packages directed to the same destination. The rise in packages and shipments is propelled by augmented e-commerce activity, technological progress, and shifting consumer trend, all contributing to an increased demand for global logistics services. Parcel and postal automation systems are used in packages and shipments for optimising sorting, tracking, and delivery processes with the help of cutting-edge technology, ensuring prompt and efficient handling. For instance, figures from the parcel shipping index of Pitney Bowes Inc, a US-based shipping and mailing company, reveal an appreciable increase in total US parcel volume in 2023, showing a growth of 0.5% in comparison to the previous year; It shot up from 21.5 billion units in 2022 to 21.7 billion units in 2023. Hence, the rising quantity of packages and shipments catalyses the growth of the parcel and postal automation systems market._x000D_
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Which Fast-Growing Trends Are Poised to Disrupt the Parcel And Postal Automation Systems Market?_x000D_
Prominent businesses in the parcel and postal automation systems industry are shifting their focus to cutting-edge technologies, like robot-based parcel sortation systems, to achieve a competitive advantage in the market. This novel technology leverages autonomously guided robots to simplify the parcel sorting procedure in logistics operations. These robots have the capacity to handle thousands of parcels in an hour, substantially enhancing order execution speed and lowering error rates to almost zero. For instance, Viettel Post (VTPost), a logistics firm based in Vietnam, embraced a completely automated robot-based parcel sorting technology in January 2024. They equipped their storage and distribution center in Hanoi with 160 LiBiao 'Mini Yellow' autonomous guided robots, enabling VTPost to process approximately 6,000 parcels of various dimensions, weights, and shapes per hour at the multi-client location. This system contains over 1,000 destination chutes. Robots pause at their designated chute, unload their parcel, return to the induction station to collect a new order, and repeat the process._x000D_
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What Are the Emerging Segments in the Parcel And Postal Automation Systems Market?_x000D_
The parcel and postal automation systemsmarket covered in this report is segmented - _x000D_
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1) By Component: Hardware, Services, Software_x000D_
2) By Technology: Delivery Barcode Sorter, Facer Canceller System_x000D_
3) By Application: Courier, Express, And Parcels, Government Postal_x000D_
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Subsegments:_x000D_
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 _x000D_
2) By Services: Consulting And System Design, Installation And Integration Services, Training Services, Maintenance And Support Services, Managed Services, Upgrade And Retrofit Services _x000D_
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_x000D_
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Who Are the Global Leaders in the Parcel And Postal Automation Systems Market?_x000D_
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 _x000D_
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Which are the Top Profitable Regional Markets for the Parcel And Postal Automation Systems Industry?_x000D_
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._x000D_
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