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