The global mail automation system market size is expected to reach 1.2 billion. USD in 2028 and grow at a CAGR of 7.2% during the forecast period (2023)

Nueva York, 20. okt. 2022 (GLOBE NEWSWIRE) -- Reportlinker.com anuncia el lanzamiento del informe "Global Postal Automation Systems Market Size, Share and Industry Trends Analysis Report by Technology, Type, Application, Regional Outlook and Pronóstico , 2022 – 2028" -https://www.reportlinker.com/p06352763/?utm_source=GNW
The number of packages and shipments is now steadily increasing, mainly due to the increasing number of consumers shopping online.

Therefore, there is a growing need for reliable and efficient ways to sort packages and deliver them on time. From presorting to sorting, mail automation technology simplifies the entire mail processing process. These systems reduce fixed costs and improve service standards. They also help improve competitiveness, quality and profitability. Postal automation systems require daily hardware maintenance, software upgrades and annual maintenance. These technologies reduce labor costs by reducing the need to deliver mail in person.

The postal system is a system that allows anyone to send a letter, parcel or package to any recipient, whether in the same country as the sender or abroad, with the expectation that it will be delivered regularly, quickly and secure in accordance with best practice Delivery. It is almost always under the control of a government or quasi-governmental organization. Shippers pay upfront for the service using a simple pricing structure based on weight and, in some countries, delivery speed.

COVID-19 impact assessment

The outbreak of the COVID-19 pandemic and resulting lockdown restrictions have forced companies of all sizes to adopt remote working methods, prompting companies to undergo digital transformation across multiple end verticals. The pandemic has had a severe impact on several markets and slowed down key industries. The pandemic has affected the market negatively. The commercial sector has been hit hard by the epidemic, which has also affected the decline in industrial and raw materials, which in turn has affected the market for postal automation systems.

market growth factors

Growth in the e-commerce sector

Due to the expansion of e-commerce and online shopping, millions of orders are now processed every day. With the large number of packages distributed to users every day, it is necessary to automate mail and package handling in order to efficiently deliver goods to customers. The market for mail and parcel automation systems is driven by factors such as improvements in delivery accuracy and tracking and increased fulfillment efficiency. The high volume of parcel exchanges is expected to drive the postal automation industry due to the large volume of shipments that require an efficient parcel automation system.

Increased integration of advanced technologies

Modern technologies like artificial intelligence, cryptocurrency, machine learning, etc. are expected to be widely used in automation. AI has several benefits, including better data management, personalized experiences, predictive analytics and real-time assistance. Retailers can stay in touch with consumers through the use of chatbots, virtual assistants and other artificial intelligence technologies. Customers are informed about sales and campaigns, which increases the company's profitability. By collecting and analyzing data from past transactions, AI enables companies to provide a more personalized customer experience.

market restrictions

High start-up and maintenance costs

The entire postal system must be automated, which will cost a lot of money, as the entire process will be digitized and different hardware and software must be installed. Once installed, automated systems also require ongoing maintenance, service and replacement, increasing variable costs. Due to high installation and maintenance costs associated with postal automation systems, market development is likely to be hampered during the forecast period as companies look for ways to reduce or avoid this additional cost.

technical perspective

On the basis of technology, the postal automation system market is segmented into face sorters, letter sorters, flatbed sorters, hybrid mail sorters, package sorters and others. The parcel sorting machines segment will hold the highest revenue share in the postal automation systems market in 2021. This is because sorting is the process of using various software-controlled devices to identify products in the system, transport them and route them to their desired destinations.

prospectus writer

Based on type, the mail automation systems market is segmented into hardware, software, and services. The services segment accounted for a significant revenue share in the postal automation systems market in 2021. This is due to increased demand for services such as domestic and international mail registration, transit control, mail sorting, shipping, customs controlled area processing, and document creation. For domestic and international mail, tracking points for content delivery, mail shipment control, reporting of sorting center operations and many others are cited as reasons for the growth.

Application perspective

Based on application, the mail automation systems market is segmented into commercial mail and government mail. The public sector will have the highest revenue share in the postal automation systems market in 2021. To meet increasing consumer demand, the public postal service has focused on upgrading its network, adopting new technologies and streamlining operations. For example, the United States Postal Service (USPS) announced the launch of USPS Connect in February 2022.

panoramic area

By region, the postal automation system market is explored in North America, Europe, Asia Pacific and LAMEA. The North America segment captured the largest revenue share in the postal automation systems market in 2021. The increasing implementation of latest technologies in postal services and the presence of important market players in the region are attributed to the expansion. Also, the industry is expanding due to companies adopting automation due to rising labor prices and labor shortages.

The main strategy of market players is product launch. Based on the analysis in the cardinality matrix, Lockheed Martin is a pioneer in the postal automation systems market. Companies such as NEC Corporation, Vanderlande Industries B.V. (Toyota Industries Corporation), Leonardo SpA are some of the biggest innovators in the postal automation systems market.

The market research report covers the analysis of the key stakeholders in the market. Key companies profiled in the report include Vanderlande Industries B.V. (Toyota Industries Corporation), Pitney Bowes, Inc., Körber AG, Leonardo SpA, Lockheed Martin Corporation, NEC Corporation, Interroll Group, Fives Group, Toshiba Infrastructure Systems & Solutions Corporation and SOLYSTIC SAS.

Latest Strategies Implemented in Mail Automation Systems Market

Alliances, partnerships and agreements:

June 2022: Fives partners with Caja Robotics, a leading supplier of robotics and flexible goods-to-people solutions. Together, the two companies will share knowledge, technical expertise and a deep understanding of customer needs and market requirements, strengthening their position as major players in warehouse automation.

May 2022 - NEC Corporation and Juniper Networks, a leader in AI-powered secure networking, entered into a partnership. The association aims to roll out its modern IP metro business network to complement current demand for more capacity, as well as future demand driven by 5G and FTTx.

March 2022: Vanderlande partners with RightHand Robotics, a leader in data-driven autonomous robotic picking solutions. This partnership is designed to meet the need for general purpose warehouses and distribution centers worldwide.

November 2021: Leonardo signs an agreement with Elettronica, a manufacturer of car radios for the consumer market. The aim of the agreement is to jointly design solutions and products to effectively respond to the growing challenges emerging on the national, European and international market.

February 2021: Leonardo expands partnership with AirSupply. The purpose of the collaboration is to coordinate and improve the digital collaboration with suppliers within the group.

Product Releases and Product Extensions:

July 2022: Pitney Bowes launches its evolved delivery platform, including new regional delivery options. The platform uses Pitney Bowes' modular global e-commerce network to configure customized services based on the requirements of direct-to-consumer logistics teams. The final product will mark a critical moment in the development and maturation of the global e-commerce business.

June 2022: Pitney Bowes launches the SendPro Mailstation postage meter in the UK. Features of the SendPro Mailstation include an integrated scale for weighing mail, an integrated 4.3" full color touch screen with messages and instructions, Royal Mail's Mailmark barcode system to provide automatic updates on postage rates and presets to facilitate mail processing.

February 2022 – Pitney Bowes launches PitneyShip Pro, a cloud-based shipping solution. The solution is designed to meet the needs of all employees, regardless of where they work, requiring quick setup and minimal IT support.

June 2021 – Interroll presents the new MX 018V vertical cross belt sorter. With this launch, Interroll will make it easier for system integrators and their end customers to enter the world of automated cross belt sorting solutions.

March 2021: Interroll introduces a new sorting system to the market. Developed on the basis of the proven mechanical design principles of Interroll sorters, the latest split-tray sorter will ensure maximum availability, long life and fast recovery times for automatic sorting of transported goods weighing up to 12 kg.

July 2020: Pitney Bowes launches the SendPro+ and SendPro C systems in the UK. The solution is an all-in-one mail and shipping solution that makes it easy for businesses to choose the best shipping option for every letter or package from Royal Mail and Parcelforce Worldwide.

Acquisitions and mergers:

July 2022: Körber takes over the global mail and parcel business from Siemens Logistics. The acquisition will increase the group's growth opportunities and support its market offering as a global partner in the supply chain and e-commerce industry.

November 2021: Pitney Bowes acquires CrescoData, a platform-as-a-service (PaaS) company in the commercial space. The platform is state-of-the-art and is the perfect support for the company's SendPro shipping product.

research area

Market segments covered by the report:

of technology

• Packet Classifier

• Face remover

• Letter sorting machine

• Flat file management

• Mixed mail sorting

• andre

by type

• hardware store

• software

• Server

upon application

• Public mail

• Business mail

by geography

• Kitami

E.E. Well.

Canada

Mexico

The rest of North America

• Europa

or Germany

U.K.

France

Russia

or Spain

an Italian

The rest of Europe

• Asia-Pacific region

or China

Japan

If

South Korea

from singapore

Malaysia

Rest of Asia and the Pacific

• break in

Brazil

Argentina

from the United Arab Emirates

saudi arabian

South Africa

nigeria

Fra Resto de LAMEA

Company profile

• Vanderlande Industries B.V. (Toyota Industries)

• Pitney Bowes

• Körber AG

• Leonardo Corporation

• Lockheed Martin

• NEC Corporation

• Interroll Group

• Group of five

• Toshiba Infrastructure Systems and Solutions Corporation

• SOLYSTIC SAS

unique offers

• everything covered

• Additional tables and market data

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FAQs

What is the CAGR of the automation industry? ›

Industrial Automation Market Size to Surpass USD 395.09 Billion by 2029, exhibiting a CAGR of 9.8%
Report CoverageDetails
2029 Value ProjectionUSD 395.09 Billion
Base Year2021
Industrial Automation Market Size in 2021USD 191.89 Billion
Historical Data for2018 to 2020
4 more rows
May 11, 2023

How big is the global automation software market? ›

Global Industrial Automation Software Market size was valued at USD 191.89 billion in 2021 and is poised to grow from USD 205.86 billion in 2022 to USD 395.09 billion by 2030, growing at a CAGR of 9.8% in the forecast period (2023-2030).

What is the market size of automation companies? ›

Report Overview. The global industrial automation and control systems market size was valued at USD 172.26 billion in 2022 and is anticipated to register at a compound annual growth rate (CAGR) of 10.5% from 2023 to 2030.

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 a good CAGR rate for an industry? ›

A good CAGR for an industry is 8% to 12% for large companies, while for high-risk companies, a good CAGR is between 15% to 25%. CAGR stands for Compound Annual Growth Rate, a ratio to extrapolate a constant rate of return over several years. In other words, the constant growth rate over multiple years.

What is a good CAGR for an industry? ›

In more advanced trading, you might even consider that to be low. However, to give some sort of answer, everything that beats or makes around the same return as the S&P 500 is a good return. In other words, a CAGR at around 9% per year is considered to be good.

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).

Will automation displace 85 million jobs globally by 2025 finances online? ›

By 2025, automation and a new division of labour between humans and machines will disrupt 85 million jobs globally in medium and large businesses across 15 industries and 26 economies.

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.

How many companies are using automation? ›

FAQs - Workflow Automation Stats

67% of companies currently use business process automation to streamline and automate their day-to-day repeatable tasks. 31% of companies have fully automated at least one of their major functions.

What is the average ROI on automation? ›

The average ROI on automation is typically around 250% and comes in after almost six months of deploying the automation tools. But it depends if you are calculating the ROI in terms of monetary gains or efficiency.

What is the CAGR for automotive 2025? ›

Surging Automotive Semiconductor Industry to Grow at 12.3% CAGR through 2025. The automotive semiconductor industry is set to surge at a compound annual growth rate (CAGR) of 12.3% through 2025 on the heels of a strong comeback from the pandemic, according to a new report from Omdia.

Is automation a growing industry? ›

New York, United States , March 15, 2023 (GLOBE NEWSWIRE) -- The Global Industrial Automation Market Size is to grow from USD 177.57 billion in 2021 to USD 441.7 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 8.84% during the forecast period.

What industry is most affected by automation? ›

The retail industry has been one of the most heavily impacted by automation in recent years. With the rise of online shopping and the use of robots in warehouses and distribution centers, traditional brick-and-mortar retailers have been forced to adapt or risk being left behind.

What will be the projected size of the AI market in 2025? ›

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

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