Postal Automation System Market Size and Share Report 2030 (2023)

Report overview

The global postal automation system market size was valued at USD 749 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2022 to 2030. Increasing need for faster delivery and labor cost savings across numerous industries. Increasing need for automation in delivery and sorting processes is expected to drive the market growth over the next few years. In addition, factors such as increasingthe e-commerce marketGlobalization is expected to create more opportunities in global industries.

Postal Automation System Market Size and Share Report 2030 (1)

The growing popularity of e-commerce platforms has led to an increase in online shopping and bulk order processing across the globe. The increase in the number of parcels per day has led to the introduction of automated postal systems to deliver orders quickly and efficiently. The growing trend of e-commerce shopping supports the adoption of postal automation systems. Key players in the e-commerce industry are using automated mail delivery systems to simplify the mail processing chain, improve service quality, and reduce fixed costs such as labor.

Major suppliers of mail automation systems are focusing on technology development to meet the increasing demand. For example, in June 2021, Siemens Logistics AG announced the VarioBelt TilterPlus, a conveyor belt with an unprecedented tilting device designed for efficient baggage transport at airports. It operates in three directions, thereby minimizing the mechanical demands on the baggage handling system and reducing the carbon footprint.

Mail automation system includes package sorting system, mail sorting system, coding system, automatic reading, mail software and other systems and software. Incorporating mail automation systems allows businesses to reduce their reliance on traditional mail methods, including increased handling times, human errors, and high labor demands. Automation in the postal system enables better and faster sorting of packages and letters and at the same time supports the digitization of companies.

Automation of the postal service helps reduce the dependence on labor and labor costs. Labor costs are rising due to declining productivity, high attrition, lack of employability skills and government regulations affecting the traditional postal system market. Automation enables companies to achieve a highly productive, accurate and cost-effective postal system while reducing labor costs. Therefore, the market is expected to experience significant growth in the coming years.

Although the initial investment to integrate automation into postal services is high and automation requires the installation of significant hardware and software. Furthermore, once installed, the system requires timely service, maintenance and upgrades, further stimulating variable costs. Technical failures, such as sensors related to the system, can affect all operations, while problems related to software can delay the sorting process and affect the operation of the operation.

Impact of COVID-19

The global outbreak of the COVID-19 pandemic and subsequent lockdown restrictions have forced businesses of all sizes to adopt remote working models, prompting businesses todigital transformationthrough several vertical ends. Furthermore, the pandemic had a positive impact on the market with a significant increase in package volumes at the beginning of 2020. For example, US e-commerce sales are up 32% year-over-year, according to Bloomberg. 4% in 2020. As customers rely heavily on internet retailers to prevent the spread of viruses.

Additionally, with travel restrictions in place, many businesses have turned to automated mail systems, effectively stopping all work-related manual work. The shutdown encouraged businesses to turn to automated mail systems. With government restrictions hampering business operations, many companies have implemented mail automation to reduce labor costs.

technological outlook

The parcel sorting machine segment will gain the largest revenue share of around 30% by 2021. Sorting is the process of identifying items in a transport system and transferring them to their destination using various computerized devices. software. Parcel sorting solutions provide accurate results and help reduce the number of lost parcel requests by improving traceability.

Additionally, it improves operations by allowing real-time access to packages to streamline the process. Additionally, it helps businesses improve efficiency by integrating customer settlement systems, invoicing systems and more. The adoption of package classifiers is expected to increase significantly in the coming years.

Culler Face Canceller (CFC) is expected to register a strong CAGR of around 7% during the forecast period. The growth is attributed to its ability to detect and destroy stamps and to sort various postal items such as postcards and envelopes by width, thickness, stiffness and length. In addition, it removes complex objects that are not suitable for processing by machines.

CFC automatically identifies the shipment's destination and processes it according to its weight, thickness and dimensions. In addition, the CFC adjusts the alignment and manages postmark applications, eliminating human intervention in the process. The segment is therefore expected to experience promising growth in the coming years.

Component perspective

The hardware segment accounted for the majority of revenue in 2021, approximately 66%, due to processor upgrades,sensor, reconnaissance and scanning systems and the need for new systems to augment existing capabilities. The segment is expected to continue to experience significant growth during the forecast period.

Key suppliers of postal automation systems are focusing on expanding their market presence by expanding existing capabilities and establishing manufacturing capabilities in other countries. For example, materials handling and logistics company Vanderlande Industries Inc. announced in August 2021 the expansion of its operational campuses in Marietta and Georgia. The company has invested approximately $59 million to meet the growing demand for its solutions.

The services segment is expected to witness a significant CAGR of around 8% during the forecast period. The growth can be attributed to increased demand for services such as domestic and international postal registration, consignment tracking, postal consignment classification, customs controlled area processing, domestic and international postal document generation, website message delivery tracking, postal consignment tracking and sorting center operation report, etc.

Application Insights

The commercial postal services segment is expected to register the highest CAGR of around 10% during the forecast period. The growing popularity of e-commerce and electronic communication platforms is driving the growth of commercial postal services. Moreover, increasing number of parcels and parcels and growing need to deliver products to end users are expected to rapidly increase the demand for commercial automated postal services over the next few years.

Postal Automation System Market Size and Share Report 2030 (2)

The public postal services segment is expected to register a significant CAGR of approximately 5% during the forecast period. The Government Postal Service is focused on upgrading the network, introducing new equipment and improving operations to meet growing customer demand. For example, in February 2022, the United States Postal Service (USPS) announced the launch of USPS Connect, a suite of delivery solutions that meet high consumer demand while providing fast, affordable, and regional, local and national returns.

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regional perspective

The North American postal automation systems market won the largest market share of approximately 43% in 2021. The growth is attributed to the increasing adoption of latest technologies in postal services and the presence of important market players in the region. In addition, rising labor costs and labor shortages are prompting companies to adopt automation, thereby increasing market growth. Increasing demand for postal automation services from government, BFSI and other sectors is driving the market growth in this region.

Postal Automation System Market Size and Share Report 2030 (3)

The Asia Pacific postal automation system is expected to register the highest CAGR of around 10% during the forecast period. The high growth of the e-commerce industry in countries such as Japan, China and India has created the demand for a technologically advanced e-commerce logistics industry. Moreover, rising demand from the BFSI industry is creating several growth opportunities for postal automation systems in the Asia Pacific region.

Information on key companies and market shares

Key players are focusing on mergers and acquisitions to acquire the latest technologies, thereby attracting a wider customer base and gaining a competitive edge in the market. For example, in July 2022, Körber AG announced the acquisition of the parcel and mail business Siemens Logistics GmbH. The acquisition helps Körber AG expand its market offering and mail and parcel business with advanced software and automation solutions from Siemens Logistics GmbH.

Additionally, in April 2022, TMEIC Corporation Americas announced the acquisition of the Ports and Terminals division of Órbita Ingeniería S.L. The acquisition helps TMEIC Corporation Americas enhance its optical character recognition expertise and expand its existing offerings. An increasing number of such mergers and acquisitions is expected to support market growth in the coming years. Some of the key players in the global mail automation system market include:

  • Toshiba Infrastructure Systems and Solutions Corporation

  • Körber AG

  • NEC Philippines

  • lonely

  • Pitney Bowes

  • Industrias Vanderlande B.V.

  • group of five

  • Leonardo S.p.A.

  • lockheed martin

  • Berman Group

  • Interroll group

  • Dematic

  • Sort by Euro

  • Fluence Automation LLC.

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Scope of the Mail Automation Systems Market Report

report properties

details

Market size value in 2022

792.3 million dollars

Revenue forecast for 2030

1.34 billion dollars

growth rate

CAGR of 6.8% from 2022 to 2030

Estimated base year

2021

history information

2018 - 2020

forecast period

2022 - 2030

unit of quantity

2022-2030 Revenue (in Million USD) and CAGR

coverage report

Revenue forecast, company location, competitive landscape, growth drivers and trends

Market segments covered

Technology, component, application, region

geographical reach

North America; Europe; Asia and the Pacific; Latin America; Measurement systems

National scope

U.S. ; Canada; United Kingdom. ;Germany;Porcelain;India;Japan;Brazil

Main Company Profile

Toshiba Infrastructure Systems & Solutions Corporation; Körber Corporation; NEC Philippines; Solitaire; Pitney Bowes Corporation; Vanderlande Industries; Group of Five; Leonardo Corporation; Lockheed Martin Corporation; Berman Group; Interroll Group; Dematic; European Sequencing; Fluence Automation LLC.

Custom range

Free custom report with purchase (equivalent to 8 analyst working days). Add or change country, region and segment ranges.

Prices and purchase options

Take advantage of personalized purchasing options to meet your exact research needs.Explore purchase options

Postal Automation System Global Market Segmentation

This report forecasts revenue growth at the global, regional and country level and analyzes the latest industry trends in each sub-segment from 2018 to 2030. For this study, Grand View Research has segmented the Postal Automation System market report list by technology, component, application and region:

Postal Automation System Market Size and Share Report 2030 (4)

  • Technology Outlook (Revenue, Million USD, 2018 - 2030)

    • Culler Face Eliminator

    • card sorter

    • Flat file management

    • Hybrid postsortering

    • packet classifier

    • andre

  • Component Outlook (Revenue, USD Million, 2018 - 2030)

    • hardware

    • software

    • Serve

  • Application Forecast (Revenue, Million USD, 2018 - 2030)

    • business card

    • public mail

  • Regional Perspective (Revenue, Million USD, 2018 - 2030)

    • Kitami

      • os.

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      • Canada

    • Europa

      • Germany

      • U.K.

    • Asia-Pacific region

      • porcelain

      • If

      • Japan

    • Latin America

      • Brazil

    • What

Frequently asked questions about this report

How big is the market for postal automation systems?

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How is the mail automation system market growing?

Which segment accounts for the largest share of the postal automation systems market?

Who are the key players in the Postal Automation Systems market?

What Are The Factors Driving The Postal Automation Systems Market?

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FAQs

Postal Automation System Market Size and Share Report 2030? ›

The Global Industrial Automation Market Size was valued at USD 177.57 Billion in 2021 and the worldwide industrial automation market size is expected to reach USD 441.7 Billion by 2030, According to a research report published by Spherical Insights & Consulting.

What is the size of the automation market? ›

The Global Industrial Automation Market Size was valued at USD 177.57 Billion in 2021 and the worldwide industrial automation market size is expected to reach USD 441.7 Billion by 2030, According to a research report published by Spherical Insights & Consulting.

What is the forecast for home automation? ›

The home automation market size was valued at $46,607.1 million in 2020, and is expected to reach $239,897.8 million by 2030, registering a CAGR of 17.6% from 2021 to 2030. Home automation is utilization of intelligent terminals to control home appliances and equipment.

What is the growth rate of automation? ›

The report says the factory automation sector generated $242.5 billion in 2021. This is forecast to grow to $558.8 billion by 2031 with a Compound Annual Growth Rate (CAGR) of 8.7 percent from 2022 to 2031.

What is postal automation? ›

The 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. It offers cost-effective solutions with improved customer service.

What is the market size of AI 2030? ›

According to Next Move Strategy Consulting the market for artificial intelligence (AI) is expected to show strong growth in the coming decade. Its value of nearly 100 billion U.S. dollars is expected to grow twentyfold by 2030, up to nearly two trillion U.S. dollars.

What is the size of the RPA market in 2030? ›

The Global Robotic Process Automation (RPA) Market size is estimated to exceed USD 20,215.71 Million by 2030 and grow at a CAGR of 30.4% during the forecast period (2023-2030).

What will the RPA market be worth in 2025? ›

The RPA Market Will Grow To $22 Billion By 2025 | Forrester.

What is the projected growth of the automation industry? ›

New York, March 14, 2023 (GLOBE NEWSWIRE) -- The global industrial automation market was valued at around USD 212.6 billion in 2022 and is projected to reach approximately USD 493 billion in 2032, growing at a CAGR of slightly above 9.0% between 2023 and 2032.

Does automation have future? ›

In fact, automated machines are expected to replace almost half of the global workforce. Multiple industries, from manufacturing to banking, are adopting automation to drive productivity, safety, profitability, and quality. Automation will bolster connectivity and reliability in a hyper-competitive ecosystem.

Which automation has highest production rate? ›

Fixed Automation

It is characterized by high production rates and a high barrier to entry.

What is the most advanced automation? ›

The most advanced level of automation is intelligent automation. It combines automation with artificial intelligence (AI) and machine learning (ML) capabilities.

What is the estimated annual growth rate of the home automation market? ›

The global Smart Home Automation Market size was worth around USD 61.33 billion in 2022 and is predicted to grow around USD 401.87 billion by 2032, with a compound annual growth rate (CAGR) of 20.6% between 2023 and 2032.

Will mail carriers be automated? ›

Thanks in part to automated mail-sorting systems, postal workers may be out of a job in the not-so-distant future. By 2024, the US Bureau of Labor Statistics projects a 28% decline in postal-service jobs, totaling around 136,000 fewer positions than in 2014.

What computer system does USPS use? ›

The Postal Service uses the Computerized Forwarding System (CFS) to forward mail to the 17 percent of the nation's population that moves each year.

What technology is in postal services? ›

Technology drivers in the postal sector

Prime examples of innovative technologies which are already used in today's postal industry are RFID chips (radio-frequency identification chips), sensors, PDAs (personal digital assistants) and also mobile internet and GPS (global positioning system).

How powerful will AI be in 2030? ›

According to futurist and engineer Ray Kurzweil, artificial intelligence will achieve human-level capability by 2030. This will be decided when AI is capable of passing a legitimate Turing test.

What will AI price be in 2030? ›

Fetch.ai (FET) Price Predictions 2023 - 2031
YearMinimum PriceAverage Price
2028$1.42$1.49
2029$1.65$1.72
2030$1.88$1.94
2031$2.10$2.17
5 more rows
4 days ago

What is the size of AI market 2029? ›

By 2029, due to the growing, information technology markets, the demand for the mobile artificial intelligence (AI) market will be increasing, which will result in a market growth of the market is around USD 84.19 billion.

Is RPA a booming technology? ›

RPA has become one of the most emerging technologies in the digital world.

What is the future of RPA in 2025? ›

84% of Indian firms will achieve an enterprise-wide RPA deployment by 2025: Survey. 88% of the Indian organizations agree that automation will be a critical requirement for business excellence, customer experience and competitive success within the next 3 years.

Is RPA in the banking sector is expected to reach $1.12 billion by 2025? ›

The RPA integration in the banking field is expected to reach $1.12 billion by the year 2025. As the finance and banking industry keeps growing at an enormous pace, they must offer services speedily and reduce delays or losses to stay up to date with the rapid growth of the sector.

Is RPA still relevant in 2023? ›

RPA's technical complexity has historically been a barrier to its adoption. To address this, several RPA service providers have emerged to offer low-cost managed RPA services. This saw a surge in managed RPA usage in 2022, and this trend is expected to continue into 2023.

What is the future growth of RPA? ›

RPA Market Is Set To Grow At A CAGR 28.30% To Reach Valuation Of USD 32.7 Billion By 2030 - Report by Market Research Future (MRFR)

Why is RPA booming? ›

The RPA market has witnessed significant growth in recent years due to the increasing demand for process automation, cost reduction, and improved operational efficiency across industries.

What is emerging trends in automation? ›

Artificial intelligence (AI) and machine learning (ML) are enabling industrial automation systems to learn from data, optimize processes, and adapt to changing conditions. For example, AI and ML can help automate quality control, predictive maintenance, anomaly detection, and process optimization.

Is automation and robotics the future? ›

These advances, and other associated fields, are enjoying an upwards trajectory, and robotics will significantly benefit from these strides. We can expect to see more significant numbers of increasingly sophisticated robots incorporated into more areas of life, working with humans.

How many jobs will be lost to automation by 2030? ›

The US is home to 310,700 industrial robots, and that number increases by at least 40,000 each year. Automation has the potential to eliminate 73 million US jobs by 2030, which would equate to a staggering 46% of the current jobs.

How soon will automation take over? ›

According to the World Economic Forum's "The Future of Jobs Report 2020," AI is expected to replace 85 million jobs worldwide by 2025. Though that sounds scary, the report goes on to say that it will also create 97 million new jobs in that same timeframe.

Will automation replace software developers? ›

While AI has the potential to automate many tasks currently performed by humans, it is unlikely to replace them entirely. AI-based systems are good at automating routine and repetitive tasks, but they cannot replicate the creativity, intuition, and interpersonal skills of human programmers and developers.

What are the 4 types of automation? ›

There are four types of automation systems: fixed automation, programmable automation, flexible automation and integrated automation.

What are the 3 types of automation? ›

Automation Types. Three areas of expertise in automation production that have grown out of manufacturing automation are fixed, programmable and flexible automation. These automation types are engineered to meet specific production requirements of industry sectors.

Which country uses the most automation? ›

The Netherlands

The Netherlands is located in Northwestern Europe. It is known for high levels of automation as well as numerous robotics companies. As of 2021, the country's robot density in the manufacturing workflow is 224 robots for every 10,000 human workers, according to the International Federation of Robotics.

What is the market cap of the automation industry? ›

Pune, India, May 11, 2023 (GLOBE NEWSWIRE) -- According to Fortune Business Insights, global industrial automation market size was valued at USD 191.89 billion in 2021 and is projected to grow from USD 205.86 billion in 2022 to USD 395.09 billion by 2029, exhibiting a CAGR of 9.8% during the forecast period.

What is the size of the robotics and automation market? ›

“According to the latest research analysis, the global robotic process automation (RPA) market size/share is anticipated to be valued at approximately USD 2,659.13 Million in 2022 and is projected to hit a revenue of around USD 66,079.34 Million By 2032, at a CAGR of around 37.9% between 2023 and 2032.”

What is the size of the AI market 2025? ›

AI Is Set to Boom Into a $90 Billion Industry by 2025 Amid ChatGPT Frenzy. A magnifying glass.

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