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Redding, California - December 2, 2021

Parcel and Postal Automation Systems Market Worth $9.61 Billion by 2028

Parcel and Postal Automation Systems Market by Component (Hardware, Services), Type (Parcel Sorter, Mail Sorting, Automatic Reading and Coding Systems), Application (Courier, Express and Parcel, Government Postal), and Geography—Forecast to 2028


Meticulous Research®—a leading global market research company, published a research report titled “Parcel and Postal Automation Systems Market by Component (Hardware, Services), Type (Parcel Sorter, Mail Sorting, Automatic Reading and Coding Systems), Application (Courier, Express and Parcel, Government Postal), and Geography—Forecast to 2028.

The parcel and postal automation systems market is expected to grow at a CAGR of 16.7% by value from 2021 to reach $9.61 billion by 2028. The growing demand for e-commerce, increasing labor costs, and the rising need for automated sorting and delivery processes across the globe are the key factors driving the growth of the parcel and postal automation systems market.

The market is segmented by component, type, application, and geography. The study also evaluates industry competitors and analyzes the market at the country level.

Based on components, the global parcel and postal automation systems market is mainly segmented into hardware, services, and software. In 2021, the hardware segment is expected to account for the largest share of the parcel and postal automation systems market. However, the services segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the rising need to solve technical issues and provide frequent servicing to automated parcel sorting systems; growing demand for frequent hardware and software upgrades; servicing; periodic maintenance, and repair to function adequately.

Based on type, in 2021, the parcel and postal automation software market is segmented into information management system, data sorting management, parcel operations, and other software. The information management system segment is expected to account for the largest share of the parcel and postal automation software market. The large market share of this segment is mainly attributed to the rising demand for automated receiving and dispatching, sorting, and distribution of parcels at stations through the application of integrated barcode identification technology; and the need for information management systems for users records, upload, and monitor the detailed information of delivery of parcels immediately. However, the parcel operations type segment is expected to grow at the highest CAGR during the forecast period.

Based on type, the global parcel and postal automation systems market is segmented into parcel sorters, mail sorting systems, and automatic reading and coding systems. In 2021, the parcel sorters segment is expected to account for the largest share of the parcel and postal automation systems market. However, the automatic reading and coding system segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is mainly attributed to the growing need for high speed, flexibility, and reading performance; and the demand for easy-to-use training systems for stamps, labels, and symbols.

Based on type, the parcel sorters market is segmented into linear parcel sorters and loop parcel sorters. In 2021, the linear parcel sorters segment is expected to account for the larger share of the parcel sorters market. The large market share of this segment is mainly attributed to the increasing need for automated to sort parcels, small parcels, and other items into tight space diverted windows within a smaller footprint.

Based on application, the global parcel and postal automation systems market is segmented into courier, express, and parcels, government postal. In 2021, the courier, express, and parcels segment is expected to account for the largest share and grow at the highest CAGR during the forecast period. The large market share and the high growth rate of this segment are mainly attributed to the rapid growth of online shopping, rising adoption of parcel automation systems, and the growing number of business-to-consumer (B2C) courier deliveries.

Based on geography, in 2021, North America is expected to account for the largest share of the global parcel and postal automation systems market by value. The large market share of this region is mainly attributed to the presence of major automation companies and the adoption of advanced technologies in logistics and distribution services.

In addition, speedy renovations and increasing installation or capacity expansion of existing postal automation systems, high investment of United States Postal Service (USPS) in postal automation systems, and high inorganic growth strategies followed by companies operating in this market for the expansion and installation of automation systems for meeting the growing volumes of parcels are among some of the factors boosting the market growth in the region.

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Key Players

The key players operating in the global parcel and postal automation systems market are Siemens Logistics GmbH (Germany), Beumer Group GmbH & Co. KG (Germany), Pitney Bowes, Inc. (U.S.), Vanderlande Industries BV (Netherlands), SOLYSITIC SAS (France), Toshiba Infrastructure Systems & Solutions Corporation (Japan), Fives Group (France), National Presort, LP (U.S.), Leonardo S.p.a (France), Dematic Group S.à r.l. (U.S.), Interroll Group (Switzerland), EuroSort Systems B.V. (Netherlands), NEC Philippines, Inc (Philippines), Zebra Technologies Corporation (U.S.), and Honeywell Intelligrated (U.S.).

Key Questions Answered in the Report

  • Which are the high-growth market segments in terms of component, type, application, and geography?
  • What is the historical market size for the global parcel and postal automation systems market?
  • What are the market forecasts and estimates for the period 2021–2028?
  • What are the major drivers, restraints, opportunities, trends, and challenges in the global parcel and postal automation systems market?
  • Who are the major players operating in the market, and what are their market shares?
  • Who are the major players in various countries?
  • How is the competitive landscape for the global parcel and postal automation systems market?
  • What are the recent developments in the global parcel and postal automation systems market?
  • What are the different strategies adopted by the major players operating in the market?
  • What are the key geographic trends, and which are the high-growth countries?
  • Who are the local emerging players in the global parcel and postal automation systems market, and how do they compete with other players?

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Parcel And Postal Automation Systems Market - Global Opportunity Analysis and Industry Forecast (2021-2028)
Report ID: MRSE - 10426 Pages: 177 Formats*:PDF Category: Semiconductor and Electronics
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