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Postal Automation System Market

Postal Automation System Market categorizes global 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.

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Postal Automation System Market

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  1. MarketsandMarkets Presents Postal Automation System Market worth 1,022.2 Million USD by 2023 https://www.marketsandmarkets.com/pdfdownload.asp?id=38824622

  2. "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", Hardware held the largest market size, in terms of value, in 2017. Hardware systems are used to sort letters, flats, and parcels based on their barcode reading, shape, size, and volume, and then to divert these parcels to their respective delivery destinations. Various types of systems including letter sorters, flat sorters, and parcel sorters are used in the postal industry. These sorting machines are essentially mechatronic in nature consisting of electrical, electronic, optical, and electromechanical components. Despite a decline in traditional mail volumes, the growth in the e-commerce segment continues to transform the postal business. Increase in parcel volumes is expected to boost the demand for hardware systems. Speak to Analyst@ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=38824622

  3. 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 market. • 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 • https://www.marketsandmarkets.com/Market-Reports/postal-automation-system-market-38824622.html

  4. Scope of the Report: • In this report, the overall postal automation system 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 :

  5. Contact Us Contact:Mr. RohanMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com https://www.marketsandmarkets.com/Market-Reports/postal-automation-system-market-38824622.html

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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