The demand for Postal Automation System Market 2019 is anticipated to be high for the next few years. By considering this demand we provide latest Postal Automation System Market Report which gives complete industry analysis, market outlook, size, growth and forecast till 2023. This report will assist in analyzing the current and future business trends, sales and revenue forecasts.



Global Postal Automation System Market Overview:



The Global Postal Automation System Market is Valued at USD 710 Million in 2018 and will reach USD 960 Million by the end of 2023.



Some of the major factors driving the growth of the Global Postal Automation System Market are rapid growth in the E-commerce industry, rising labor costs, and increasing need for automated sorting and delivery of parcels in the postal industry. However, the declining volume of traditional mails, along with high initial investments and maintenance costs, in hindering the growth of the market.



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The Global Postal Automation System Market is segmented based on the Component, Technology, Application and Region. On the basis of Component, the Global Postal Automation System Market is classified into hardware, software, and services. Based on the Technology, the Global Postal Automation System Market is sub-segmented into delivery bar code sorter, facer canceller system, automated package processing system, automated parcel & bundle sorter, and others. On the basis of Application, the Global Postal Automation System Market is sub-segmented into the public post and private post.



In terms of the geographic analysis, Postal Automation System Market in Asia-Pacific is expected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing automation of warehouses and distribution centers in this region and rapid penetration of e-commerce and logistics companies in this region. Additional factors such as increase in labor costs and automation of supply chain processes are supporting the growth of the Postal Automation System in this region. China and India are among the developing countries that have huge growth potential for the Postal Automation System Market in Asia-Pacific.



Latest Industry News:



NEC Corporation, April 4, 2019 – NEC Corporation announced today that NEC Energy Solutions (NEC ES), a wholly-owned subsidiary, through its exclusive distributor in China, Puxing Energy, continues to increase its market penetration with the commissioning of two 9MW projects for Ray Power. The energy storage systems, owned and operated by Ray Power, are providing frequency regulation for the Hang-Jin and Feng-Run power plants located in Ordos City, Neimongol Province and Tanshan City, Hebei Province respectively. Additionally, NEC has also been awarded a 6MW project by Ray Power that is currently under construction and located in Puzhou City, Shanxi Province.



Falcon Autotech, July 7, 2018 – Falcon Autotech Featured among Top 20 Global Leaders in Intra-logistics and Warehouse Automation Solutions



Top Leading Key Players in Global Postal Automation System Market: Siemens AG, Toshiba, NEC, Pitney Bowes, Solystic, Vanderlande, Fives Group, Leonardo, Lockheed Martin, National Presort (Npi), Dematic, Interroll, Eurosort Systems, Intelligrated, Bastian Solutions, Falcon Autotech, Bowe Systec and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.



Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Postal Automation System in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America



With the presence of a large pool of participants, the Global Postal Automation System Market is displaying a highly competitive business landscape, finds a new research report by Business Industry Reports (BIR). Siemens AG, Toshiba, NEC, Pitney Bowes, Solystic, Vanderlande, Fives Group, Leonardo, Lockheed Martin, National Presort (Npi), Dematic, Interroll, Eurosort Systems, Intelligrated, etc. are some of the key vendors of Postal Automation System across the world. These players across Postal Automation System Market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products.



Purchase this report online with 125 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Postal Automation System Market Report 2019” @ https://www.businessindustryreports.com/buy-now/108541/single .



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