Postal Automation Systems Market Size and Share Forecast Outlook (2023 to 2033)

The global Postal Automation Systems Market is projected to have a moderate-paced CAGR of 6.8% during the forecast period. The current valuation of the postal automation systems market is USD 854.33 million in 2023.

The demand for postal automation systems is anticipated to reach a high of USD 1649.44 million by the year 2033.

This growth in the sales of Postal Automation Systems is supported by the following:

  • Rising demand from a wide range of sectors for faster delivery at reduced labor costs
  • A rising desire for automation in delivery and sorting processes
  • Expanding e-commerce market
  • Globalization
Attributes Details
Market Value (2023) USD 854.33 million
Market Value (2033) USD 1649.44 million
CAGR (2023 to 2033) 6.8%

Key Postal Automation Systems Industry Trends

The postal automation system hardware segment is anticipated to account for a sizable percentage of the overall market. All forms of automation in any given end-user sector involve a network of interrelated hardware nodes and informational answers.

Therefore, as the requirement for automation grows, the postal and parcel business is expected to require a hardware component.

Market growth is anticipated to be led by an increase in the deployment of new systems as part of capacity expansion and enhancements to the existing system as part of automation in the postal sector.

In addition, the proliferation of online shopping has resulted in a rise in the number of packages shipped all over the world. Additionally, international e-commerce has contributed to the expansion of parcel shipping.

Owing to this, improving the postal industry's supply chain necessitates an automated and networked hardware infrastructure.

These systems, however, require regular maintenance as well as software and hardware updates. Both postal service providers and manufacturers of the automation technology sign pricey maintenance and support agreements.

Therefore, the service sector is anticipated to experience the fastest market expansion over the forecast period.

In 2021, hardware accounted for over 66% of total income. This was mostly due to improvements in processing power, sensor accuracy, identification accuracy, and scanner accuracy, as well as the need for new systems to augment the aging infrastructure.

Over the projection period, the market segment is expected to keep expanding rapidly.

Key providers of postal automation equipment are investing in Research and Development (R&D) and establishing production facilities in other countries to increase their market share.

In August 2021, for example, Vanderlande Industries Inc., a logistics and material handling firm, announced plans to expand its operations campus in Marietta and Georgia. In order to keep up with the rising demand for its products, the company has spent around USD 59 million.

Key Postal Automation Systems Market Players and Concentration

More and more transactions are being carried out digitally as more consumers use e-commerce websites. With the daily volume of packages increasing, postal services have turned to automation to better fulfill customers' needs.

The increasing popularity of online shopping has contributed to the widespread implementation of postal automation equipment.

In order to streamline the mail processing chain, boost service quality, and cut down on fixed costs like labor, the major players in the e-commerce industry are adopting automated postal delivery systems.

To keep up with the rising demand, the industry's top providers of postal automation equipment are concentrating on technological advancements. For instance, Siemens Logistics GmbH unveiled the VarioBelt TilterPlus, a belt conveyor with a revolutionary tilting device, in June 2021.

This conveyor is intended to facilitate the expedited movement of luggage through airports. It provides benefits in three directions, resulting in less machinery being needed for baggage handling systems and less waste being produced.

Having postal services automated helps lessen reliance on human labor and associated costs. The rising cost of labor can be traced back to several factors, including falling productivity, high turnover rates, a skills gap, and government regulation of the traditional postal systems market.

The automation of postal systems has helped businesses save money on labor while increasing efficiency and accuracy. As a result, growth in the market is forecast to be substantial over the next few years.

While the initial outlay to automate the postal service is substantial, the automation itself necessitates the setup of a sizable amount of hardware and software.

To add to the system's variable costs, it needs regular upkeep after installation. Sensor malfunctions have a domino effect on the entire system, and software problems slow down the sorting process and disrupt operations.

Postal Automation Systems Industry Analysis by Top Investment Segments

  • In 2021, the parcel sorter market sector accounted for almost 30% of total sales. Items on conveyor systems can be sorted to the appropriate position using several devices that are directed by computer software. In addition to reducing the frequency with which customers report their shipment as missing, the accurate results generated by the parcel sorting solutions also aid in increasing their confidence in the reliability of the tracking system. In addition, the package's accessibility in real time enhances operations by simplifying workflows. Additionally, it aids businesses in increasing productivity by integrating customer clearing systems, billing systems, and many others. There is likely to be a dramatic uptick in the use of package sorters in future years.
  • Over the projected time frame, the CFC is anticipated to grow at a robust CAGR of over 7%. Its ability to recognize and cancel postage stamps, as well as sorting through mail based on dimensions including width, thickness, stiffness, and length, has contributed to its rapid expansion. Additionally, it gets rid of the complicated things that can't be processed by the machine.
  • Over the forecast period, the commercial postal services subsegment is projected to grow at the fastest rate (about 10% CAGR). As more and more people switch to using digital methods of communication and conducting business, the need for commercial postal services rises. In addition, the need for speedy product delivery to consumers is predicted to enhance the need for commercial automated postal services in the coming years.
  • During the projection period, the government postal services subsegment is expected to grow at a high CAGR of about 5%. The government postal services are investing in infrastructure upgrades, new technology, and streamlined processes to keep up with increased customer demand. For instance, the United States Postal Service (USPS) announced the release of USPS Connect in February 2022. This service consists of a suite of delivery solutions designed to satisfy the growing needs of online shoppers with lightning-quick regional, local, and national shipping as well as low prices and convenient returns.

Analysis of Top Countries Producing, Formulating, Distributing, and Utilizing Postal Automation Systems

What are the driving factors for the USA Postal Automation Systems Market?

In 2021, over 43% of the global postal automation systems market was in North America. The presence of major market players in the area and the rising popularity of cutting-edge postal technologies are two major reasons for the expansion.

Increases in labor expenses and shortages of available workers are also pushing businesses toward automation. Increasing demand for postal automation services from the public sector, the business financial services industry, and other sectors is driving the development of the market in the region.

What are the defining characteristics of the European Postal Automation Systems Market?

In Europe, the demand for postal automation systems is expected to expand at a CAGR of 6.8 percent during the period of the forecast.

When looking at the European postal automation systems market, in 2021, Germany was far and away the leader, with a market value of USD 76.6 million by 2028. Forecasts place the United Kingdom market's rate of growth at 5.9% CAGR for the years in question. The French market is expected to grow at a CAGR of 7.5% over the same time frame.

Germany has one of the largest e-commerce markets in Europe. In comparison to Europe, the United States has more online shoppers, a larger share of the population that uses the internet, and higher annual spending overall. In 2021, total sales topped USD 127.5 billion, up 24% from the previous year.

From an estimated 62.4 million in 2020, Germany's online population is expected to reach 68.4 million by 2025. German consumers are known for their high standards and aversion to taking chances when making purchases. The proliferation of smartphones is one factor propelling the postal automation systems market forward.

How is the Asia Pacific Region Progressing in the Postal Automation Systems Market?

An estimated 10% CAGR growth in Asia Pacific’s sales of postal automation systems is predicted during the projection period.

The rapid development of the online marketplace in nations like Japan, China, and India has stimulated the growth of the related e-commerce logistics business, which in turn has necessitated the development of cutting-edge logistics technology.

Additionally, substantial expansion potential exists for the demand for postal automation systems in the Asia Pacific region due to rising demand from the BFSI sector.

In 2021, China was the most lucrative country in the Asia Pacific postal automation systems market, with a total market value of USD 90.5 million by 2032. To that end, the Japanese market is expected to expand at a CAGR of 7% during the projection time frame. Additionally, the Indian market is expected to grow at a CAGR of 8.3% over the forecast time frame.

Wage earners make up most of India's consumer class. More breadwinners mean more disposable money, which means the family can afford to buy whatever it wants. There has been a shift away from selling products and toward selling services in retail.

India's consumer market is booming thanks to the country's favorable demographics, big working-age population, rising income levels, increasing urbanization, and rising brand orientation. Thus, these elements are expected to boost the growth of the regional postal automation systems market over the forecast period.

Leading Suppliers of Postal Automation Systems

As the postal business undergoes several technological changes, the demand for postal automation systems worldwide is trending toward fragmentation. The market is dynamic; therefore businesses are always coming up with new ways to stay ahead of the competition through tactics like innovation and expansion.

Major recent developments and strategies adopted by the market players are:

Product Launches

In order to automate its newly formed 12,034 square meters international categorization center in Sordio, a suburb of Milan, Italy, the global logistics system has opted for physical handling specialist MHS worldwide.

The latest version of Vanderlande's scalable solutions was released in September of 2019. With the goal of reducing the total cost of ownership, DIRECTSORT provides a unified, future-proof, and easy-to-understand description of what kinds of packages need to be unloaded from trailers, forequarters, and load carriers (TCO).

Mergers and Acquisitions

TMEIC Corporation Americas is pleased to share the news that in April 2022, it acquired the Ports and Terminals Division from Orbita ingeniera, S.L. With the acquisition of TMEIC, it will be able to provide new and existing customers in the ports and depots with access to superior and tried-and-true OCR competencies, as well as a wider range of mechanization choices.

Along with TMEIC's financial backing, operational support, and market impact, the present Ports and Terminals Division will be able to afford further growth and development opportunities.

In order to streamline operations at airports and airlines, Siemens Logistics proposed a suite of cutting-edge software solutions in October 2019. For predictively maintaining baggage treatment systems, this is Service 4.0. Predictions are created using aggregated data, and preventative measures are implemented to boost system dependability and reduce the frequency of unscheduled outages.

Partnerships and Collaborations

To create and install motorized grade and entirely electronic in private and public organizations in North America, beep Inc., and Mobile Eye have consciously partnered with Bentelers EV schemes.

Some of the prominent players in the Postal Automation Systems market are:

  • NEC Philippines, INC.
  • SOLYSTIC
  • Pitney Bowes Inc.
  • Vanderlande Industries B.V.
  • Fives Group
  • Leonardo S.p.A.
  • Lockheed Martin Corporation
  • BEUMER GROUP
  • Interroll Group

Top Segments Studied in the Postal Automation Systems Market Research Report

By Technology:

  • Culler Facer Canceller
  • Letter Sorter
  • Flat Sorter
  • Mixed Mail Sorter
  • Parcel Sorter
  • Others

By Component:

  • Hardware
  • Software
  • Services

By Application:

  • Commercial Postal
  • Government Postal

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • Middle East and Africa (MEA)
  • Europe

Table of Content

  • 1. Executive Summary | Postal Automation Systems Market
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
  • 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Technology
    • 5.1. Culler Facer Canceller
    • 5.2. Letter Sorter
    • 5.3. Flat Sorter
    • 5.4. Mixed Mail Sorter
    • 5.5. Parcel Sorter
    • 5.6. Others
  • 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Component
    • 6.1. Hardware
    • 6.2. Software
    • 6.3. Services
  • 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
    • 7.1. Commercial Postal
    • 7.2. Government Postal
  • 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
    • 8.1. North America
    • 8.2. Latin America
    • 8.3. Europe
    • 8.4. Asia Pacific
    • 8.5. Middle East and Africa (MEA)
  • 9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 13. MEA Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
  • 14. Key Countries Market Analysis
  • 15. Market Structure Analysis
  • 16. Competition Analysis
    • 16.1. Toshiba Infrastructure Systems & Solutions Corporation
    • 16.2. Körber AG
    • 16.3. NEC Philippines, INC.
    • 16.4. SOLYSTIC
    • 16.5. Pitney Bowes Inc.
    • 16.6. Vanderlande Industries B.V.
    • 16.7. Fives Group
    • 16.8. Leonardo S.p.A.
    • 16.9. Lockheed Martin Corporation
    • 16.10. BEUMER GROUP
    • 16.11. Interroll Group
    • 16.12. Dematic
    • 16.13. Eurosort
    • 16.14. Fluence Automation, LLC.
  • 17. Assumptions & Acronyms Used
  • 18. Research Methodology

List of Tables

Table 1: Global Market Value (US$ million) Forecast by Region, 2017 to 2032

Table 2: Global Market Value (US$ million) Forecast by Technology, 2017 to 2032

Table 3: Global Market Value (US$ million) Forecast by Component, 2017 to 2032

Table 4: Global Market Value (US$ million) Forecast by Application, 2017 to 2032

Table 5: North America Market Value (US$ million) Forecast by Country, 2017 to 2032

Table 6: North America Market Value (US$ million) Forecast by Technology, 2017 to 2032

Table 7: North America Market Value (US$ million) Forecast by Component, 2017 to 2032

Table 8: North America Market Value (US$ million) Forecast by Application, 2017 to 2032

Table 9: Latin America Market Value (US$ million) Forecast by Country, 2017 to 2032

Table 10: Latin America Market Value (US$ million) Forecast by Technology, 2017 to 2032

Table 11: Latin America Market Value (US$ million) Forecast by Component, 2017 to 2032

Table 12: Latin America Market Value (US$ million) Forecast by Application, 2017 to 2032

Table 13: Europe Market Value (US$ million) Forecast by Country, 2017 to 2032

Table 14: Europe Market Value (US$ million) Forecast by Technology, 2017 to 2032

Table 15: Europe Market Value (US$ million) Forecast by Component, 2017 to 2032

Table 16: Europe Market Value (US$ million) Forecast by Application, 2017 to 2032

Table 17: Asia Pacific Market Value (US$ million) Forecast by Country, 2017 to 2032

Table 18: Asia Pacific Market Value (US$ million) Forecast by Technology, 2017 to 2032

Table 19: Asia Pacific Market Value (US$ million) Forecast by Component, 2017 to 2032

Table 20: Asia Pacific Market Value (US$ million) Forecast by Application, 2017 to 2032

Table 21: MEA Market Value (US$ million) Forecast by Country, 2017 to 2032

Table 22: MEA Market Value (US$ million) Forecast by Technology, 2017 to 2032

Table 23: MEA Market Value (US$ million) Forecast by Component, 2017 to 2032

Table 24: MEA Market Value (US$ million) Forecast by Application, 2017 to 2032

List of Figures

Figure 1: Global Market Value (US$ million) by Technology, 2022 to 2032

Figure 2: Global Market Value (US$ million) by Component, 2022 to 2032

Figure 3: Global Market Value (US$ million) by Application, 2022 to 2032

Figure 4: Global Market Value (US$ million) by Region, 2022 to 2032

Figure 5: Global Market Value (US$ million) Analysis by Region, 2017 to 2032

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032

Figure 8: Global Market Value (US$ million) Analysis by Technology, 2017 to 2032

Figure 9: Global Market Value Share (%) and BPS Analysis by Technology, 2022 to 2032

Figure 10: Global Market Y-o-Y Growth (%) Projections by Technology, 2022 to 2032

Figure 11: Global Market Value (US$ million) Analysis by Component, 2017 to 2032

Figure 12: Global Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 13: Global Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 14: Global Market Value (US$ million) Analysis by Application, 2017 to 2032

Figure 15: Global Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 16: Global Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 17: Global Market Attractiveness by Technology, 2022 to 2032

Figure 18: Global Market Attractiveness by Component, 2022 to 2032

Figure 19: Global Market Attractiveness by Application, 2022 to 2032

Figure 20: Global Market Attractiveness by Region, 2022 to 2032

Figure 21: North America Market Value (US$ million) by Technology, 2022 to 2032

Figure 22: North America Market Value (US$ million) by Component, 2022 to 2032

Figure 23: North America Market Value (US$ million) by Application, 2022 to 2032

Figure 24: North America Market Value (US$ million) by Country, 2022 to 2032

Figure 25: North America Market Value (US$ million) Analysis by Country, 2017 to 2032

Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 28: North America Market Value (US$ million) Analysis by Technology, 2017 to 2032

Figure 29: North America Market Value Share (%) and BPS Analysis by Technology, 2022 to 2032

Figure 30: North America Market Y-o-Y Growth (%) Projections by Technology, 2022 to 2032

Figure 31: North America Market Value (US$ million) Analysis by Component, 2017 to 2032

Figure 32: North America Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 33: North America Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 34: North America Market Value (US$ million) Analysis by Application, 2017 to 2032

Figure 35: North America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 36: North America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 37: North America Market Attractiveness by Technology, 2022 to 2032

Figure 38: North America Market Attractiveness by Component, 2022 to 2032

Figure 39: North America Market Attractiveness by Application, 2022 to 2032

Figure 40: North America Market Attractiveness by Country, 2022 to 2032

Figure 41: Latin America Market Value (US$ million) by Technology, 2022 to 2032

Figure 42: Latin America Market Value (US$ million) by Component, 2022 to 2032

Figure 43: Latin America Market Value (US$ million) by Application, 2022 to 2032

Figure 44: Latin America Market Value (US$ million) by Country, 2022 to 2032

Figure 45: Latin America Market Value (US$ million) Analysis by Country, 2017 to 2032

Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 48: Latin America Market Value (US$ million) Analysis by Technology, 2017 to 2032

Figure 49: Latin America Market Value Share (%) and BPS Analysis by Technology, 2022 to 2032

Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Technology, 2022 to 2032

Figure 51: Latin America Market Value (US$ million) Analysis by Component, 2017 to 2032

Figure 52: Latin America Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 53: Latin America Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 54: Latin America Market Value (US$ million) Analysis by Application, 2017 to 2032

Figure 55: Latin America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 57: Latin America Market Attractiveness by Technology, 2022 to 2032

Figure 58: Latin America Market Attractiveness by Component, 2022 to 2032

Figure 59: Latin America Market Attractiveness by Application, 2022 to 2032

Figure 60: Latin America Market Attractiveness by Country, 2022 to 2032

Figure 61: Europe Market Value (US$ million) by Technology, 2022 to 2032

Figure 62: Europe Market Value (US$ million) by Component, 2022 to 2032

Figure 63: Europe Market Value (US$ million) by Application, 2022 to 2032

Figure 64: Europe Market Value (US$ million) by Country, 2022 to 2032

Figure 65: Europe Market Value (US$ million) Analysis by Country, 2017 to 2032

Figure 66: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 67: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 68: Europe Market Value (US$ million) Analysis by Technology, 2017 to 2032

Figure 69: Europe Market Value Share (%) and BPS Analysis by Technology, 2022 to 2032

Figure 70: Europe Market Y-o-Y Growth (%) Projections by Technology, 2022 to 2032

Figure 71: Europe Market Value (US$ million) Analysis by Component, 2017 to 2032

Figure 72: Europe Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 73: Europe Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 74: Europe Market Value (US$ million) Analysis by Application, 2017 to 2032

Figure 75: Europe Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 76: Europe Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 77: Europe Market Attractiveness by Technology, 2022 to 2032

Figure 78: Europe Market Attractiveness by Component, 2022 to 2032

Figure 79: Europe Market Attractiveness by Application, 2022 to 2032

Figure 80: Europe Market Attractiveness by Country, 2022 to 2032

Figure 81: Asia Pacific Market Value (US$ million) by Technology, 2022 to 2032

Figure 82: Asia Pacific Market Value (US$ million) by Component, 2022 to 2032

Figure 83: Asia Pacific Market Value (US$ million) by Application, 2022 to 2032

Figure 84: Asia Pacific Market Value (US$ million) by Country, 2022 to 2032

Figure 85: Asia Pacific Market Value (US$ million) Analysis by Country, 2017 to 2032

Figure 86: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 87: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 88: Asia Pacific Market Value (US$ million) Analysis by Technology, 2017 to 2032

Figure 89: Asia Pacific Market Value Share (%) and BPS Analysis by Technology, 2022 to 2032

Figure 90: Asia Pacific Market Y-o-Y Growth (%) Projections by Technology, 2022 to 2032

Figure 91: Asia Pacific Market Value (US$ million) Analysis by Component, 2017 to 2032

Figure 92: Asia Pacific Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 93: Asia Pacific Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 94: Asia Pacific Market Value (US$ million) Analysis by Application, 2017 to 2032

Figure 95: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 96: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 97: Asia Pacific Market Attractiveness by Technology, 2022 to 2032

Figure 98: Asia Pacific Market Attractiveness by Component, 2022 to 2032

Figure 99: Asia Pacific Market Attractiveness by Application, 2022 to 2032

Figure 100: Asia Pacific Market Attractiveness by Country, 2022 to 2032

Figure 101: MEA Market Value (US$ million) by Technology, 2022 to 2032

Figure 102: MEA Market Value (US$ million) by Component, 2022 to 2032

Figure 103: MEA Market Value (US$ million) by Application, 2022 to 2032

Figure 104: MEA Market Value (US$ million) by Country, 2022 to 2032

Figure 105: MEA Market Value (US$ million) Analysis by Country, 2017 to 2032

Figure 106: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032

Figure 107: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 108: MEA Market Value (US$ million) Analysis by Technology, 2017 to 2032

Figure 109: MEA Market Value Share (%) and BPS Analysis by Technology, 2022 to 2032

Figure 110: MEA Market Y-o-Y Growth (%) Projections by Technology, 2022 to 2032

Figure 111: MEA Market Value (US$ million) Analysis by Component, 2017 to 2032

Figure 112: MEA Market Value Share (%) and BPS Analysis by Component, 2022 to 2032

Figure 113: MEA Market Y-o-Y Growth (%) Projections by Component, 2022 to 2032

Figure 114: MEA Market Value (US$ million) Analysis by Application, 2017 to 2032

Figure 115: MEA Market Value Share (%) and BPS Analysis by Application, 2022 to 2032

Figure 116: MEA Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032

Figure 117: MEA Market Attractiveness by Technology, 2022 to 2032

Figure 118: MEA Market Attractiveness by Component, 2022 to 2032

Figure 119: MEA Market Attractiveness by Application, 2022 to 2032

Figure 120: MEA Market Attractiveness by Country, 2022 to 2032

Frequently Asked Questions

What is the Growth Outlook for the Postal Automation Systems Market?

The growth outlook for the Postal Automation Systems market is predicted to advance at a CAGR of 6.8% from 2022 to 2032.

Which Region Leads the Postal Automation Systems Market?

North American region is anticipated to lead the Postal Automation Systems market during the forecast period.

What is the market valuation of Postal Automation Systems in 2022?

The valuation of the Postal Automation Systems market stands at USD 854.33 million in 2023.

How much Growth Potential do Postal Automation Systems hold?

The Postal Automation Systems market is likely to hold a valuation of USD 1649.44 million by 2033.

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