Postal Automation System Market by Component (Hardware, Software, and Services), Technology (Culler Facer Canceller, Letter Sorter, Flat Sorter, Parcel Sorter), Application (Government, and Courier, Express & Parcel), and Region - Global Forecast to 2023
The postal automation system market was valued at USD 710.5 Million in 2017 and is expected to reach USD 1,022.2 Million by 2023, at a CAGR of 6.30% during the forecast period. Growth in the e-commerce industry, increasing labor costs, and rising need for automated sorting and delivery processes in the postal industry are the key factors driving the growth of the postal automation system market.
The base year considered for the study is 2017, and the forecast period considered is between 2018 and 2023.
The objectives of the study are as follows:
- To define, describe, segment, and forecast the overall postal automation system market, in terms of value, on the basis of component, technology, application, and region
- To forecast the market size, in terms of value, for various segments with respect to 4 main regions North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the overall market
- To provide a detailed overview of the value chain pertaining to the market
- To analyze the competitive developments such as contracts, mergers & acquisitions, product launches, and research and development (R&D) in the market.
- To strategically profile key players in the postal automation system market and comprehensively analyze their market position, in terms of ranking and strategy, along with detailing the competitive landscape for market leaders
Research Methodology: This research study incorporates the use of secondary sources, annual reports, directories, and databases, such as Hoovers, Bloomberg BusinessWeek, Factiva, and OneSource, to identify and collect the useful information for the extensive technical, market-oriented, and commercial study of the market. To find the overall market size, top-down and bottom-up approaches have been used to estimate sizes of other individual markets by using percentage splits from secondary sources, such as Hoovers, Bloomberg BusinessWeek, Factiva, and OneSource, as well as with the help of primary research. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews with industry leaders such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) pertaining to the postal automation system market.
The figure below shows the breakdown of the primaries, on the basis of company type, designation, and region, conducted during the research study.
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Market Ecosystem: Key players operating in the postal automation system market include Siemens (Germany), Toshiba (Japan), NEC (Japan), SOLYSTIC (France), Pitney Bowes (US), Vanderlande (Japan), Fives Group (France), Leonardo (Italy), Lockheed Martin (US), Beumer Group (US), Dematic (US), Interroll (Switzerland), Eurosort Systems (Netherlands), Intelligrated (US), Fluence Automation (US), Bastian Solutions (US), Bowe Systec (Germany), GBI Intralogistics (US), ID Mail Systems (US), Opex (US), Planet Intelligent Systems (Germany), and OCM SRl (Italy).
Target Audience of the Report:
- System integrators of postal automation systems
- Designers and manufacturers of postal automation systems
- Postal associations and insurance companies
- Material handling and automation organizations
- Postal automation software providers
- Parcel sortation system providers
- Research organizations, associations, and consulting companies
- System integrators
- Technology consultants
- Value-added resellers
- System integrators
- Technology consultants
- Value-added resellers
“This study answers several questions for the stakeholders, primarily the market segments to focus on in the next 2–5 years for prioritizing efforts and investments.”
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:
In this report, the overall market has been segmented on the basis of component, technology, application and region.
Postal Automation System Market, by Component:
- Hardware
- Software
- Services
Postal Automation System Market, by Application:
- Government Postal
- Courier, Express, & Parcel
Postal Automation System Market, by Technology:
- Culler Facer Cancellers
- Letter Sorters
- Flat Sorters
- Parcel Sorters
- Mixed Mail Sorters
- Others
By Region
-
North America
- US
- Canada
- Mexico
-
Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
-
Asia Pacific (APAC)
- China
- Japan
- South Korea
- Rest of APAC
-
Rest of the World (RoW)
- South America
- Middle East and Africa
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the company’s specific need. The following customization options are available for the report.
- Company Information
Detailed analysis and profiling of additional market players (up to 5)
The postal automation system market is expected to grow from USD 753.3 Million in 2018 to USD 1,022.2 Million by 2023, at a CAGR of 6.30% between 2018 and 2023. Factors that are driving the growth of the market include growth in e-commerce industry, increasing need for automated sorting and delivery processes in the postal industry, and rising labor costs. However, the declining volume of traditional mails, along with high initial investments and maintenance costs, is hindering the growth of the market. Evolution of traditional postal operations into smart, connected, and more efficient automated postal operations through the integration of Industry 4.0 practices provides growth opportunities for vendors in the market. The market has been segmented on the basis of component, application, technology, and region.
The postal automation system market, on the basis of component, has been segmented into hardware, software, and services. The market for services is expected to grow at the highest rate between 2018 and 2023. The leading position of hardware, in terms of market size, can be attributed to new system installations for capacity expansion and upgrades in sensors, processors, scanners, and recognition systems. However, these hardware systems require regular maintenance, along with hardware and software upgrades. High-value contracts are signed between automation equipment manufacturers and postal operators for after-sales services. Owing to this, the market for services is expected to grow at the highest rate during the forecast period.
By application, the postal automation system market has been classified into government postal and courier, express, & parcel. Government postal applications are expected to hold a larger size of the market during the forecast period. However, the market for courier, express, & parcel (CEP) applications is expected to grow at a higher rate during the forecast period. . Increasing volumes of parcels and packages to be shipped and sorted by CEP companies, along with the rising expectation of customers for faster delivery, are some of the major factors contributing to the growth of the market for CEP applications.
Parcel sorters held the largest size of the postal automation system market in 2017. Sortation systems play a vital role in improving the efficiency of postal operations. Sortation systems, such as flat sorters and parcel sorters, are widely used by postal companies. However, rising parcel volumes had put postal operators under pressure for faster delivery of parcels. Postal operators are also adopting innovative automation technologies to sustain in the challenging business environments. Moreover, a decline in traditional mail volumes has put postal operators under pressure to upgrade their infrastructure for increasing parcel mail volumes. Parcel sorters, therefore, play a vital role in parcel delivery operations, and it is expected that their importance will grow in the coming years.
North America is likely to account for the largest share of the overall market throughout the forecast period. The leading position of the region, in terms of market share, is primarily due to the presence of major postal and CEP companies in the region. Renovation of existing postal automation systems in North America has resulted in the installation or capacity expansion of these systems, thereby contributing to the growth of the market in the region. However, among all regions, the postal automation system market in APAC is expected to grow at the highest rate during the forecast period. High growth in the e-commerce industry in China, Japan, and India, among other countries in APAC, are creating huge growth opportunities for the players in the market in this region.
Major challenges for players in the postal automation system market include designing an advanced postal automation system in the era of Industrial Internet of Things (IIoT) and technical glitches hampering the entire operational process. Technical issues related to any sensing element in postal automation systems could halt the entire operation; these may also result in a delay in delivery of mails and parcels. Moreover, any sudden problem in control software would lead to improper functioning of automated systems, leading to a delay in the complete process of sorting and delivering mails.
Some of the key players in the postal automation system market are Siemens (Germany), Toshiba (Japan), NEC (Japan), SOLYSTIC (France), Pitney Bowes (US), Vanderlande (Japan), Fives Group (France), Leonardo (Italy), Lockheed Martin (US), Beumer Group (US), Dematic (US), Interroll (Switzerland), Eurosort Systems (Netherlands), Intelligrated (US), Fluence Automation (US), Bastian Solutions (US), Bowe Systec (Germany), GBI Intralogistics (US), ID Mail Systems (US), Opex (US), Planet Intelligent Systems (Germany), and OCM SRl (Italy). These players are focusing on contracts and agreements to expand their businesses.
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Table of Contents
1 Introduction (Page No. - 14)
1.1 Study Objectives
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.3 Secondary and Primary Research
2.1.3.1 Key Industry Insights
2.1.3.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 26)
4 Premium Insights (Page No. - 31)
4.1 Attractive Opportunities in the Market
4.2 Market in Europe, By Country and Technology
4.3 Market, By Component
4.4 Market, By Technology
4.5 Market, By Region
5 Market Overview (Page No. - 35)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth in the E-Commerce Industry
5.2.1.2 Increasing Labor Costs
5.2.1.3 Increasing Need for Automated Sorting and Delivery Processes in the Postal Industry
5.2.2 Restraints
5.2.2.1 Declining Volume of Traditional Letters
5.2.2.2 High Initial Investments and Maintenance Costs
5.2.3 Opportunities
5.2.3.1 Evolution of Internet of Postal Things (IoPT)
5.2.4 Challenges
5.2.4.1 Organizational Changes Related to Workforce
5.2.4.2 Designing an Advanced Postal Automation System in the ERA of Industrial Internet of Things (IIoT)
5.2.4.3 Technical Glitches Hampering the Entire Operational Process
5.3 Value Chain Analysis
5.4 List of Postal Automation System Contracts (2013–2018)
6 Postal Automation System Market, By Component (Page No. - 43)
6.1 Introduction
6.2 Hardware
6.3 Software
6.4 Services
6.4.1 Maintenance and Repair
6.4.2 Software Upgrades and Technical Support
6.4.3 Training and Consulting
7 Market, By Technology (Page No. - 48)
7.1 Introduction
7.2 Culler Facer Cancellers
7.3 Letter Sorters
7.4 Flat Sorters
7.5 Mixed Mail Sorters
7.6 Parcel Sorters
7.6.1 Linear Parcel Sorters
7.6.2 Loop Parcel Sorters
7.7 Others
8 Market, By Application (Page No. - 62)
8.1 Introduction
8.2 Government Postal
8.3 Courier, Express, & Parcel
9 Market, By Region (Page No. - 69)
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 South Korea
9.4.3 Japan
9.4.4 Rest of Asia Pacific
9.5 Rest of the World
9.5.1 Middle East and Africa
9.5.2 South America
10 Competitive Landscape (Page No. - 89)
10.1 Overview
10.2 Ranking Analysis: Postal Automation System Market
10.3 Competitive Scenario
10.3.1 Product Launches
10.3.2 Acquisitions
10.3.3 Business Expansions
10.3.4 Partnerships/Contracts/Agreements/Orders
11 Company Profiles (Page No. - 94)
11.1 Key Players
(Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis)*
11.1.1 Siemens AG
11.1.2 Toshiba
11.1.3 NEC
11.1.4 Pitney Bowes
11.1.5 Solystic
11.1.6 Vanderlande
11.1.7 Fives Group
11.1.8 Leonardo
11.1.9 Lockheed Martin
11.1.10 Beumer Group
*Business Overview, Products Offered, Recent Developments, MnM View, SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.
11.2 Other Key Players
11.2.1 National Presort (NPI)
11.2.2 Dematic
11.2.3 Interroll
11.2.4 Eurosort Systems
11.2.5 Intelligrated
11.2.6 Bastian Solutions
11.2.7 Falcon Autotech
11.2.8 Bowe Systec
11.2.9 GBI Intralogistics
11.2.10 Fluence Automation
11.2.11 ID Mail Systems
11.2.12 OPEX
11.2.13 Planet Intelligent Systems
11.2.14 OCM SRL
11.2.15 Parascript
12 Appendix (Page No. - 126)
12.1 Insights of Industry Experts
12.2 Discussion Guide—Postal Automation Market
12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.4 Introducing RT: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details
List of Tables (42 Tables)
Table 1 Top 10 Economies By Total, B2b, and B2c E-Commerce, 2015
Table 2 Letter Mail Volume Growth Rate, 1990–2015
Table 3 Postal Automation System Market, By Component, 2015–2023 (USD Million)
Table 4 Market, By Technology, 2015–2023 (USD Million)
Table 5 Culler Facer Canceller Suppliers and Their Specifications
Table 6 Market for Culler Facer Cancellers, By Region, 2015–2023 (USD Million)
Table 7 Market for Culler Facer Cancellers, By Application, 2015–2023 (USD Million)
Table 8 Letter Sorter Suppliers and Their Specifications
Table 9 Market for Letter Sorters, By Region, 2015–2023 (USD Million)
Table 10 Market for Letter Sorters, By Application, 2015–2023 (USD Million)
Table 11 Flat Sorter Suppliers and Their Specifications
Table 12 Market for Flat Sorters, By Region, 2015–2023 (USD Million)
Table 13 Market for Flat Sorters, By Application, 2015–2023 (USD Million)
Table 14 Market for Mixed Mail Sorters, By Region, 2015–2023 (USD Million)
Table 15 Market for Mixed Mail Sorters, By Application, 2015–2023 (USD Million)
Table 16 Market for Parcel Sorters, By Region, 2015–2023 (USD Million)
Table 17 Market for Parcel Sorters, By Application, 2015–2023 (USD Million)
Table 18 Market for Other Technologies, By Region, 2015–2023 (USD Million)
Table 19 Market for Other Technologies, By Application, 2015–2023 (USD Million)
Table 20 Market, By Application, 2015–2023 (USD Million)
Table 21 Market for Government Postal Applications, By Technology, 2015–2023 (USD Million)
Table 22 Market for Government Postal Applications, By Region, 2015–2023 (USD Million)
Table 23 Market for Courier, Express, & Parcel Applications, By Technology, 2015–2023 (USD Million)
Table 24 Market for Courier, Express, & Parcel Applications, By Region, 2015–2023 (USD Million)
Table 25 Market, By Region, 2015–2023 (USD Million)
Table 26 Market in North America, By Technology, 2015–2023 (USD Million)
Table 27 Market in North America, By Application, 2015–2023 (USD Million)
Table 28 Market in North America, By Country, 2015–2023 (USD Million)
Table 29 Market in Europe, By Technology, 2015–2023 (USD Million)
Table 30 Market in Europe, By Application, 2015–2023 (USD Million)
Table 31 Market in Europe, By Country/Region, 2015–2023 (USD Million)
Table 32 Market in APAC, By Technology, 2015–2023 (USD Million)
Table 33 Market in APAC, By Application, 2015–2023 (USD Million)
Table 34 Market in APAC, By Country/Region, 2015–2023 (USD Million)
Table 35 Market in RoW, By Technology, 2015–2023 (USD Million)
Table 36 Market in RoW, By Application, 2015–2023 (USD Million)
Table 37 Market in RoW, By Region, 2015–2023 (USD Million)
Table 38 Ranking of Top 5 Players in the Market (2017)
Table 39 Most Significant Product Launches, 2015–2017
Table 40 Strategic Acquisitions, 2015–2017
Table 41 Business Expansions, 2015–2017
Table 42 Partnerships/Contracts/Agreements/Orders, 2015–2017
List of Figures (43 Figures)
Figure 1 Postal Automation System Market: Research Design
Figure 2 Market: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Global Market: Data Triangulation
Figure 5 Assumptions for Research Study
Figure 6 Global Market (USD Million)
Figure 7 Parcel Sorters to Hold the Largest Share of the Market By 2023
Figure 8 Hardware to Hold the Largest Size of the Market Throughout the Forecast Period
Figure 9 Market for Courier, Express, & Parcel Applications to Grow at A Higher CAGR During the Forecast Period
Figure 10 Market, By Region, 2017
Figure 11 Increasing Labor Costs and Growth in E-Commerce to Drive the Growth of the Market
Figure 12 Parcel Sorters Held the Largest Share of the Market in Europe in 2017
Figure 13 Market for Services to Grow at the Highest CAGR During the Forecast Period
Figure 14 Parcel Sorters to Dominate the Market Throughout the Forecast Period
Figure 15 US Held the Largest Share of the Market in 2017
Figure 16 Market, By Component
Figure 17 Market for Services to Grow at the Highest Rate During the Forecast Period
Figure 18 Market, By Technology
Figure 19 Parcel Sorters to Lead the Market Throughout the Forecast Period
Figure 20 North America to Hold the Largest Size of the Market for Culler Facer Cancellers in 2018
Figure 21 Market for Flat Sorters in APAC to Grow at the Highest CAGR During the Forecast Period
Figure 22 Europe to Hold the Largest Size of the Market for Parcel Sorters in 2018
Figure 23 Market, By Application
Figure 24 Market for Courier, Express, & Parcel Applications to Grow at A Higher CAGR During the Forecast Period
Figure 25 Market for Courier, Express, & Parcel Applications in APAC to Grow at the Highest CAGR During the Forecast Period
Figure 26 Geographic Snapshot (2017): Market in China, Germany, and Mexico to Witness Significant Growth During the Forecast Period
Figure 27 Snapshot: Market in North America
Figure 28 US to Hold the Largest Size of the Market in North America Throughout the Forecast Period
Figure 29 Snapshot: Market in Europe
Figure 30 Market in Rest of Europe to Grow at the Highest Rate Between 2018 and 2023
Figure 31 Snapshot: Market in APAC
Figure 32 China to Hold the Largest Size of the Market in APAC Throughout the Forecast Period
Figure 33 South America to Dominate the Market in RoW Throughout the Forecast Period
Figure 34 Market Players Adopted Contracts as Their Key Growth Strategy Between 2015 and 2017
Figure 35 Market Evolution Framework: Contracts Fueled the Growth of the market Between 2015 and 2017
Figure 36 Siemens: Company Snapshot
Figure 37 Toshiba: Company Snapshot
Figure 38 NEC: Company Snapshot
Figure 39 Pitney Bowes: Company Snapshot
Figure 40 Vanderlande: Company Snapshot
Figure 41 Fives Group: Company Snapshot
Figure 42 Leonardo: Company Snapshot
Figure 43 Lockheed Martin: Company Snapshot
Growth opportunities and latent adjacency in Postal Automation System Market