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.
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.
The global postal automation systems market can be segmented based on component, product, technology, application, and region. Based on component, the market can be segregated into software, hardware, and services. The services segment can be sub-divided into maintenance & repair, training & consulting, and software upgrades & technical support. In terms of product, the global postal automation systems market can be divided into mail sorting systems, parcel sorting systems, postal and parcel software, and automatic reading and coding systems. Based on technology, the market can be categorized into letter sorters, culler facer cancellers, mixed mail sorters, parcel sorters, and flat sorters. In terms of application, the global postal automation systems market can be classified into express, courier & parcel, and government postal.
In terms of region, the global postal automation systems market can be segmented into Europe, North America, Middle East & Africa, South America, and Asia Pacific. The market in North America is projected to expand at a substantial growth rate during the forecast period. This is primarily due to presence of major CEP and postal companies in the region. The market in Asia Pacific is expected to expand significantly during the forecast period. The region is estimated to offer significant opportunities to the postal automation systems market in the near future. Growth of the e-commerce industry in China, Japan, and India and technological advancements in the postal & parcel automation industry are propelling the demand for postal automation systems in Asia Pacific. This, in turn, is driving the adoption of postal automation systems in the region.
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.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.