A postal automation system is an intelligent solution for effective and parcel sorting and bringing mails from the sender to the recipient reliably and quickly. Postal automation systems include mail sorting systems, parcel sorting systems, postal software, and automatic reading and coding systems. Currently, the volume of parcels and packages is continuously on the rise, primarily due to increasing online shopping by end-users. Thus, the demand for efficient and reliable solutions for sorting parcels and delivering them to the recipient on time is increasing. Postal automation systems simplify the complete mail processing chain from pre-sorting to sequencing. These systems reduce fixed costs and improve the quality of service. They also help improve profitability, quality, and competitiveness. Postal automation systems require regular servicing of hardware, upgrade of software, and periodic maintenance. These systems reduce the manual mailing, which leads to reduced labor costs.
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Major players operating in the global postal automation systems market are:
Siemens AG, Toshiba Corporation, NEC Corporation, Pitney Bowes India Private Limited, Solystic SAS, Vanderlande Industries B.V., Fives Group, Leonardo S.p.A., Lockheed Martin Corporation, and Beumer Group.
The global postal automation systems market is primarily driven by increasing need for delivery of parcels and automated sorting in the postal sector. This is primarily because the traditional postal system has several disadvantages such as human errors, higher processing time required, and higher manpower required. Additionally, increasing demand for industrial automation is expected to boost the demand for postal automation systems across the world during the forecast period. Moreover, growth of the e-commerce industry and increase in labor costs are further fueling the demand for postal automation systems worldwide.
Furthermore, rise in the volume of parcels and packages is a major factor driving the global postal automation systems market. Rising demand for quicker delivery of parcels from end-users is another key factor anticipated to boost the demand for postal automation systems across the globe from 2019 to 2027. However, high maintenance costs, decreasing volume of traditional mails, and challenges in terms of operation and design are restraining the global market. On the other hand, evolution of IoPT (Internet of Postal Things) is a major factor that is expected to create lucrative opportunities for the market between 2019 and 2027.
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