#Parcel And Postal Automation Systems Market

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Royal Mail plc Financials: An In-Depth Analysis

Royal Mail plc, a historic and vital part of the UK's postal and courier services, continues to play a significant role in the industry. This article provides a comprehensive analysis of Royal Mail's financials, examining key financial indicators, performance metrics, and strategic initiatives that have influenced its financial health. Understanding Royal Mail's financial landscape offers valuable insights into its operational effectiveness and market position.

Revenue and Profitability

Revenue Trends

Royal Mail plc's revenue streams primarily consist of letters, parcels, and international logistics. Over the past few years, the company has faced fluctuating revenues due to changes in consumer behavior and market dynamics. The shift from traditional mail to parcel delivery, driven by e-commerce growth, has significantly impacted revenue composition.

In the most recent fiscal year, Royal Mail reported a total revenue of £12.6 billion, reflecting a slight increase from the previous year. This growth was primarily driven by an uptick in parcel volumes, which offset the decline in letter mail volumes. The company’s focus on expanding its parcel delivery network and enhancing e-commerce logistics capabilities has been a strategic move to capture this growing market segment.

Profitability Analysis

Royal Mail's profitability has been under pressure due to rising operational costs and competitive challenges. The company's operating profit for the latest fiscal year stood at £344 million, representing a decrease compared to the previous year. This decline was attributed to increased labor costs, higher transportation expenses, and investments in infrastructure.

Despite these challenges, Royal Mail has implemented several cost-saving initiatives aimed at improving efficiency and reducing operational costs. These measures include optimizing delivery routes, investing in automation, and streamlining administrative processes. The company's commitment to operational efficiency is expected to enhance profitability in the long term.

Cash Flow and Capital Expenditure

Cash Flow Management

Effective cash flow management is critical for Royal Mail's financial stability and ability to invest in growth initiatives. The company reported net cash inflow from operating activities of £823 million in the latest fiscal year, reflecting robust cash generation capabilities. This strong cash flow performance provides the company with the financial flexibility to fund strategic investments and manage debt obligations.

Capital Expenditure

Royal Mail has made significant investments in its infrastructure and technology to support its strategic objectives. In the most recent fiscal year, the company allocated £493 million towards capital expenditure, focusing on areas such as parcel sorting automation, IT systems, and fleet modernization. These investments are aimed at enhancing operational efficiency, improving service quality, and supporting future growth.

Debt and Liquidity

Debt Profile

Royal Mail's debt management strategy focuses on maintaining a balanced capital structure and ensuring sufficient liquidity to meet financial obligations. As of the latest fiscal year-end, the company reported total debt of £1.1 billion, consisting primarily of long-term borrowings. The company’s debt-to-equity ratio remained stable, reflecting a prudent approach to leveraging.

Liquidity Position

Maintaining adequate liquidity is crucial for Royal Mail to navigate market uncertainties and invest in growth opportunities. The company reported cash and cash equivalents of £673 million at the end of the latest fiscal year, providing a strong liquidity buffer. Additionally, Royal Mail has access to undrawn credit facilities, further enhancing its financial flexibility.

Dividend Policy

Royal Mail plc has a consistent track record of returning value to shareholders through dividends. The company’s dividend policy aims to provide a sustainable and attractive return, balanced with the need to reinvest in the business. For the latest fiscal year, Royal Mail declared a dividend of 20 pence per share, reflecting its commitment to shareholder returns despite challenging market conditions.

Strategic Initiatives and Future Outlook

E-commerce and Parcel Growth

One of Royal Mail's key strategic priorities is to capitalize on the growth of e-commerce and the increasing demand for parcel delivery services. The company has invested heavily in expanding its parcel sorting capacity, enhancing last-mile delivery capabilities, and developing innovative delivery solutions. These efforts are expected to drive revenue growth and improve market competitiveness.

Sustainability and Innovation

Royal Mail is also focused on sustainability and innovation as core components of its long-term strategy. The company has set ambitious targets to reduce its carbon footprint, including transitioning to electric vehicles, optimizing delivery routes, and investing in renewable energy. Additionally, Royal Mail is exploring new technologies, such as drone deliveries and advanced data analytics, to enhance operational efficiency and customer service.

Conclusion

Royal Mail plc's financial performance reflects a company navigating a dynamic and challenging market environment. Through strategic investments, cost-saving initiatives, and a focus on growth areas like e-commerce, Royal Mail is positioning itself for future success. By understanding its financials, stakeholders can appreciate the company’s resilience and strategic direction.

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U.S. Postal Automation Systems Market Demand By Technology, Type, Application And Forecast To 2030: Grand View Research Inc.

San Francisco, 11 April 2024: The Report U.S. Postal Automation Systems Market Size, Share & Trends Analysis Report By Technology (Culler Facer Canceller, Letter Sorter, Flat Sorter, Mixed Mail Sorter, Parcel Sorter), By Type, By Application, And Segment Forecasts, 2023 – 2030 The U.S. postal automation systems market size is anticipated to reach USD 352.9 million by 2030 and it is projected to…

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Postal Automation Systems Market Trends: Future Growth Prospects (2023-2033)

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 US$ 854.33 Million in 2023. The demand for postal automation systems is anticipated to reach a high of US$ 1649.44 Million by the year 2033.

Postal sector sorting and delivery procedures must be automated due to the rising popularity of automated solutions in many different end-user industries and the advent of game-changing technologies like industry 4.0 and digitization. The rising cost of labor due to a lack of available workers is also projected to fuel the postal equipment systems sector.

In addition, Industry 4.0 practices along with various technologies such as RFID, Barcode Readers, Scanners, etc. are projected to evolve smart, connected, and efficient automated postal operations, which in turn should expand the postal automation systems market significantly.

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Due to the explosion of online shopping, there has been a corresponding increase in the number of packages sent. For instance, Shopify predicts that in 2019, e-commerce sales are expected to account for 13.7% of global retail sales, with 1.92 billion global digital buyers. As a result, the demand for automated solutions in the postal sector is anticipated to propel the growth of the e-commerce logistics sector even further. As a result, a lot more progress should be made toward postal equipment systems in the coming years.

However, one of the primary issues limiting demand for postal automation systems is the increasing prevalence of the internet and the usage of smart devices, which has led to a decrease in the volume of traditional mail such as letters and mail. In addition, the sales of postal automation systems are being held back by the high expenses of entry and upkeep.

Key Takeaways

In 2021, the parcel sorter market sector accounted for almost 30% of total sales.

Over the projected time frame, the CFC is anticipated to grow at a robust CAGR of over 7%.

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 forecast period, the commercial postal services subsegment is projected to grow at the fastest rate (about 10% CAGR).

Over the forecast period, the services sector is expected to expand at a robust CAGR of around 8%. The expansion is due to the rising need for a variety of services, such as international and domestic mail registration, transport tracking, mail item sorting, customs control area processing, document generation for international and domestic mail, information delivery for a tracking site, monitoring of mail items, and a report on the activities of sorting centers.

Read Full Report: https://www.futuremarketinsights.com/reports/postal-automation-systems-market

Competitive Landscape

Various technological developments in the postal industry are leading to a trend toward market fragmentation in the global postal automation systems market. Since the postal equipment systems market is always changing; companies are always coming up with new ways to increase their postal equipment systems market share. Many of these companies see innovation and growth to get ahead of the competition.

Recent Developments

TMEIC Corporation Americas is pleased to announce that it has acquired the Ports and Terminals Division from Orbita Ingeniera, S.L. This acquisition is likely to allow TMEIC to offer its new and existing customers in the ports and depots access to superior and tried-and-true OCR competencies, as well as a wider range of mechanization options. The current Ports and Terminals Division will be able to afford growth and development opportunities thanks to TMEIC’s financial backing, operational support, and market impact.

In October 2019, Siemens Logistics has proposed a suite of innovative software solutions designed to streamline airport and airline operations. This is Service 4.0-predictive maintenance for baggage treatment systems. To improve system dependability and cut down on unscheduled outages, predictions are made using aggregated data, and preventative measures are put into place.

Key Segments in the Postal Automation Systems Market

Technology:

Culler Facer Canceller

Letter Sorter

Flat Sorter

Mixed Mail Sorter

Parcel Sorter

Others

Component:

Hardware

Software

Services

Application:

Commercial Postal

Government Postal

By Region:

North America

Latin America

Asia Pacific

MEA

Europe

[postalapiservice]

Print and Mail Letters That Get Read

Direct mail is a powerful way to communicate with customers and prospects. It’s the perfect form of marketing because it delivers a message directly to the person at the right time, unlike email which can get lost in spam or junk folders.

Whether you need an envelope or a letter printed, we can deliver your order quickly and accurately. Our printing and mailing experts have years of experience delivering successful campaigns that increase response rates and improve ROI.

The best way to ensure your letters reach the intended recipients is to customize them for each recipient. Variable text and images allow us to print each piece with a personalized address and individualized content that’s relevant to the recipient.

Sending a direct mail letter can be a time-consuming process. It requires data processing and the coordination of multiple teams within your organization. Our letter printing services are a great way to streamline the process and boost productivity.

Our printing and mailing services include list procurement and quality control, data cleaning and sourcing, and direct mail automation. We can integrate with your existing systems and CRMs to provide bulk letter mailing services that will deliver the right message at the right time.

The USPS has strict rules for what is considered a letter, postcard, or parcel. If your mail piece is an unusual size, shape, or material, or has unusual content, you may be required to pay a surcharge. If you’re not sure, use our Postage $aver software to determine what category your mail falls into.

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Postal API Service – BlogSpot

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Machine Vision System & Components Market - Forecast 2022 - 2027

Machine Vision System & Components Market Overview

Machine Vision System & Components Market Size is forecast to reach $17.2 billion by 2027, at a CAGR of 7.1% during forecast period 2022-2027. The need for inspection of flaws and controlling a specific task of industrial operations is motivating the utilization of machine vision systems in process control and quality control applications. Additionally, the growing penetration of automation and robotics across various industries and rapid advancements in industrial technologies along with the need for higher productivity are boosting the deployment of Computer vision technology systems. These systems based on image sensors, vision sensors and vision controllers encounter a wide range of applications in various industry verticals including oil & gas, aerospace, transportation, automotive among others and are able to serve their inspection needs with the available types such as PC-based and smart camera-based machine vision systems. In the past several years, AI has become a top priority for enterprises across private industry sectors. Regarding the logistics industry, McKinsey predicts that almost a third of the value to be created by AI in the next 20 years will result from applying the technology to supply chains alone. For a high-volume, margin-constrained industry, a 5% improvement can significantly empower logistics organizations to advance digitalization, efficiency, and resilience in their supply chains. This shows the importance and global adoption of machine vision solutions in private parcel/postal service companies. These trends are analysed to uplift the standalone vision system demand during the forecast period.

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Machine Vision System & Components Market Report Coverage The report: “Machine Vision System & Components Market Report– Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the Machine Vision System & Components Market Report

By Product Type: PC Based, Smart Camera Based. By Component: Hardware (Camera, Frame Grabber, Lighting, Processor, Optics), Software (Application Specific, Deep Learning) By Application: Quality Assurance and Inspection, Position Guidance, Measurement, Identification, Pattern Recognition and Others. By End Users: Automotive, Electrical and Electronics, Healthcare, Consumer Electronics, Aerospace and Defense, Logistics, Security and Surveillance, Printing, ITS, Machinery, Packaging, Food and Beverage and Others. By Geography: North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan India, Australia and Others), and RoW (Middle East and Africa, South America).

Key Takeaways The rising need for advanced manufacturing in the U.S has increasingly demanded the use of machine vision systems. The market players are majorly opting for various strategies such as product launch, partnership and agreements and collaborations to gain market traction and further penetration to explore the hidden opportunities in upcoming trends including Industry4.0 Recognizing trends and irregularities in production processes early on machine vision paves the way for realizing the smart factory of the future. Machine vision ensures safety in production process as well as quality in the end product.

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Machine Vision System & Components Market Segment Analysis - By Component Machine Vision System & components market is led by cameras which are estimated to surpass $7.9 billion by 2027 majorly driven by the advancements in imaging technology. The machine vision system industry is expected to grow during the forecast period due to continued evolution of CMOS image sensors, rise in demand for automation in industrial applications and increased investments in R&D of smart camera and software by key players, such as Cognex Corporation, Teledyne Technologies, Inc., Keyence Corporation, and others. The global machine vision systems and components market has increased due to the rapid penetration of automation across several industry verticals. Moreover, the development of advanced sensors and software algorithms capable of offering precise and microscopic inspection in high-speed production lines is escalating the growth rate of the market. Machine Vision market is estimated to witness significant growth in the coming years, on account of increased adoption in various industries for automatic inspection and control of machines or processes by capturing and interpreting and analyzing an image.

Machine Vision System & Components Market Segment Analysis - By End Use Industry Automotive industry is expected to witness a highest CAGR of 9.6% in the forecast period 2022-2027. Owing to increasing investments and funds for semiconductors has been providing opportunities for adoption of automation technology which further set to drive the demand of connectors in semiconductor industry. These systems encounter a wide range of applications in various industry verticals including oil& gas, aerospace, transportation, automotive among others and are able to serve their inspection needs with the available types such as PC-based and smart camera-based machine vision systems. Investments by the U.S automakers for strengthening of the manufacturing of automobiles with increasing integration of recent robotic vision technologies in vehicles is accompanying the growth of the robotic vision market in the U.S. Industry revenue is projected to continue grow due to this development.

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Machine Vision System & Components Market Segment Analysis - By Geography Machine Vision System & Components Market in Europe region held significant market share of 41% in 2021. The investments are rising for electric, connected and autonomous vehicles, and this in turn U.S. accounted a huge market base for Machine Vision due to the growing adoption of machine vision system technology by vision companies. The companies continue to witness exploration for new applications in a variety of industries that are driving the machine vision market driven by a push from companies such as Google and Verizon. The rising initiatives in Middle East and Africa for the increasing need of automation is set to propel the machine vision market. The manufacturing industry in Africa and Middle East (AME) is expected to grow at a CAGR of 13.1% between 2019 and 2025 thereby significantly driving the market

Machine Vision System & Components Market Drivers

Growing E-Commerce Industry Fuels the Growth of the Global Parcel and Postal Machine Vision Market The growing popularity of e-commerce is bringing an increasing number of people online, and the e-commerce and logistics industries have a difficult challenge in processing millions of orders every day. By 2020, worldwide electronic retail sales have surpassed $4 trillion, accounting for about 15% of all retail expenditure. Forbes predicts $7 trillion in B2B e-commerce sales by the year 2022. Furthermore, according to the Wall Street Journal, these online sales necessitate reverse logistics since around one-third of all items are returned by customers, with the percentage reaching to around 40% in the garment business. A rising number of package transfers has definitely spurred postal operators' desire to automate parcel and mail processing in order to deliver products more efficiently. E-commerce is a booming market and more sales means many more packages to ship. For instance, according to the US Department of Commerce, in the first quarter of 2019, the share of e-commerce in total U.S. retail sales was 10.7%, which increased as compared to 9.8% in the first quarter in 2018. As of that quarter, retail e-commerce sales in the United States amounted to almost USD 146.2 billion. According to IBEF, Indian e-commerce is projected to increase from 4% of the total food and grocery, apparel and consumer electronics retail trade in 2020 to 8% by 2025. India's e-commerce orders volume increased by 36% in the last quarter of 2020, with the personal care, beauty and wellness (PCB&W) segment being the largest beneficiary. The rising complexity of cross-border e-commerce is one of the main drivers driving market growth. Compliance, tariffs and taxes, as well as the issue of satisfying consumer expectations for rapid and cheap delivery throughout the globe, are all factors to consider when shipping cross-border. Shippers can save time and money by optimizing parcel sorting management, increasing fulfillment efficiency and improving shipment accuracy, as well as tracking and visibility, which is boosting the parcel and postal machine vision industry.

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Increasing need for quality products, high manufacturing capacity 3D Machine Vision Systems perform quality tests, guide machines, control processes, identify components, read codes and deliver valuable data for optimizing production. Modern production lines are advanced and automated. Machine vision enables manufacturing companies to remain competitive and prevent an exodus of key technologies. Recognizing trends and irregularities in production processes early on Image Based bar code reader through machine vision paves the way for realizing the smart factory of the future. Machine vision ensures safety in the production process as well as quality in the end product. As a result of this, according to an IDG survey by Insight, 96% of Companies surveyed think computer vision has the capability to boost revenue, with 97% saying this technology will save their organization time and money across the board.

Machine Vision System & Components Market Challenges

Lack of awareness among users and inadequate expertise The robotic vision technology is rapidly changing, with new technologies emerging constantly, and new tools coming to market incredibly fast to make tackling automation problems easier. In the past decade alone, the robotic vision market has seen the introduction of more advanced sensors in terms of both smaller pixels and larger sensors, software platforms that continues to be more accurate, and lighting which is growing brighter and becoming more efficient. The high cost of the research and development in robotic vision and the lack of awareness among users about the rapidly advancing robotic vision technology are key factors likely to hinder the market to an extent.

Machine Vision System & Components Market Landscape Product launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Machine Vision System & Components Market. Machine Vision System top companies include

Cognex Omron Corp Sony Corp. Panasonic Corp. Microscan Basler AG Keyence Corp. Sick AG Teledyne Technologies FLIR

Recent Developments In July 2021, Cognex launched its new series of vision software “VisionPro” for industrial machine vision enabling customers to combine deep learning and traditional vision tools in the same application. In March 2021, FH-SMD Series 3D Vision sensors for robotic arms enabling space-saving assembly, inspection, and pick & place and other applications. In May 2020, Sony corporation announced that it is about to launch two vision image sensors for use in AI processing equipped with AI functionality in perse range of applications.

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Global Automated Storage and Retrieval System Market Size, Share and Demand Forecast to 2028

The Global Automated Storage and Retrieval System Market research report 2022-28 has been released with several updates and analysis of market trends, share, size, demand, growth, challenges, opportunities and pre and post COVID-19 impacts.

Key Highlights of the Global Automated Storage and Retrieval System Market report

The projection period for this global market to grow is 2022-2028

The Global Automated Storage and Retrieval System Market size is estimated to reach USD 13.4 billion by 2028.

The market is projected to grow at a 7.9% CAGR

Covid-19 analysis and its impact on the market

Industry ecosystem to competitive landscape’s curial role in growth role

Challenges and opportunities to get boost from recent developments and technology advancement

Request to get the sample copy of the research: https://www.vynzresearch.com/semiconductor-electronics/automated-storage-and-retrieval-system-market/request-sample

 

Market segment analysis

The Global Automated Storage and Retrieval System Market is segmented into these categories for this analysis: Load, Type, Application, End-Use Vertical and Geography. This segmentation allows executives to plan their products and spending based on the expected growth rates of each area: -

By Load (Unit Load ASRS (Fixed-Aisle ASRS and Movable-Aisle ASRS), Mid Load ASRS, and Mini Load ASRS)

By Type (Vertical Lift Modules (VLM), Carousel (Horizontal Carousel and Vertical Carousel), Crane-Based, Vertical Buffer Modules, Floor Robots, and Robotic Shuttles)

By Application (Storage, Order Picking, Kitting, Buffering, and Others)

By End Use Vertical (Semiconductor & Electronics, Automotive, Retail and Warehousing, General Manufacturing, Chemical, Rubber and Plastics, Aviation, Food and Beverage, Healthcare and Pharma, Postal and Parcel, and Others)

By Region (North America, Europe, Asia-Pacific (APAC), Rest of the World (RoW))

For more insight: https://www.vynzresearch.com/semiconductor-electronics/automated-storage-and-retrieval-system-market

The Global Automated Storage and Retrieval System Market’s competitive viewpoint

This research is an invaluable resource for investors, shareholders, industry planners, and new and existing businesses trying to broaden their reach in the current Market scenario. While focusing on top companies and their corporate strategies, market presence, operating segmentation, aggressive outlook, geographical expansion, pricing and value structures, the study painstakingly takes into account the market analysis. The major market players are: -

Daifuku Co., Ltd.

Dematic (Acquired by Kion Group AG)

KNAPP AG

BEUMER GROUP

System Logistics S.p.A.

Murata Machinery, Ltd.

Kardex

SSI Schaefer AG

Mecalux, S.A.

Honeywell International Inc.

 

Reason to buy this report

The report is unbiased and it provides the deep insight of global market including competitive and geographical landscape.

The report enlightens the large patterns, causes, and impact factors globally and locally.

Insightful study drills-out the main players of the global market and, their sources of income, share of the market, and the current course of events.

It looks into significant developments such as extensions, agreements, new product launches, and acquisitions on the horizon.

Research the market's potential, preferred position, opportunity, difficulty, restrictions, and hazards on a global and regional level.

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Customized research report

Global market research company VynZ Research provides research, analytics, and consulting services for business plans. We offer clients specialized report services that take into account the main variables influencing the development of the worldwide Market. Feel free to call or drop your requirement to get the get customized research report. 

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Send Physical Postal Mail API

If you want to automate the sending of physical postal mails, you can integrate a mail API with your marketing workflow. This way, you can automate the mailing process and track each piece of mail as it passes through the system. The API will allow you to make changes as necessary and complete the transaction. You can also use the API to create personalized mailings for your clients or users.

A postal API can be integrated with CRM systems to automate many different types of mailing activities, including financial and transactional mail. It will allow you to streamline your mailing processes and minimize overall costs. You can even use a printer to print your mails, which is a convenient feature if you have one.

You can also use an API to send colored checks and postcards with micro-printed borders. This allows you to streamline bank processing and decrease errors. In addition, it will allow you to target whole zip codes with postcards. This is especially helpful for startups. You can also create a custom postcard template using the Lob API.

You can also make use of an API group for scheduling pickup requests. When you use an API for this, make sure that you use it properly. If you don't, the carrier will try to pick up your parcel.

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Print Mail Postal API – Wix

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Why do modern eCommerce firms adopt warehouse dimensioning systems?

Introduction 

Meeting client needs is only half the battle in today’s fast-developing world of warehousing technology. The other half proactively quickens their order fulfillment procedure to gain ease and speed. Not only that, but it will also make their warehouse operations more efficient. 

The warehouse managers have access to various technologies that help them reduce operational costs and fulfill growing market demand by guaranteeing deliveries go place as planned. Warehouse dimensioning systems is the pivot of this transition. 

What is automated package dimensioners? 

Calculating an object’s volume or area is known as “dimensioning.” Dimensioning is a method for figuring out how much product can be handled, transported, and invoiced. The dimensioning frameworks can determine the package’s length, height, width, and volume weight. 

The weighing systems aid in determining the object’s weight (heaviness). Many transportation and logistics businesses have integrated and used the combination of weighing and dimensioning. Dimensioning systems are used in shipping, logistics, postal services, small handling businesses, and other industries worldwide. 

Role of warehouse dimensioning systems in measuring irregular shapes 

How warehouse managers may use dimensioning systems to measure irregularly shaped parcels reliably and conveniently issue that keep them up at night. Up until a few years ago, using tape and a ruler to measure product boxes or shipments was the norm. 

However, traditional dimensioning techniques are gradually becoming obsolete due to the development of automated dimensioning improvements. With the help of warehouse dimensioning solutions, warehouse managers have done away with those tiresome, manually driven measuring conflicts. In addition to giving them the capacity to work quickly and precisely, it has also helped them to improve time management, reduce damage, and raise quality assurance, all of which have increased their total profitability. This is because dimensioning frameworks are not standalone fixes. 

They have extensive dimensioning knowledge of the most well-known case studies in the business. Additionally, the dimensioning systems are made with SDK augmented with many effective algorithms and camera-based imagery that aids in determining the dimension of packages, i.e., length, width, height, and volume weight of irregular things. 

Types Of Dimensioning Systems 

Package dimensioners/package dimensioning systems 

The package dimensioners measure packages’ length, breadth, width, and volume weight effectively. The packages can be piled on the trailer once their dimensions have been determined. The automated package dimensioners are made up of tools that can work in tandem with gauging scales, barcode scanners, and two-dimensional cameras to record the general load characteristics of every cargo. 

They can use it to establish a record containing pertinent freight attributes and dimensioning information. The term “automatic package dimensioning systems” is also used to describe these automated package dimensioners. 

The cloud-based automated package dimensioners are ideally suited to provide analytical reports using dimensional data. It can also dig up detailed information on certain shipments. As a result, package dimensioners can help businesses reduce the time it takes to measure pallets, personnel costs, and data entry errors. In some cases, they can even assist in disputing damage claims. 

Parcel dimensioners/parcel dimensioning systems 

Parcel dimensioners are also known as automated parcel dimensioning systems. These are used to measure individual boxes and packages of various shapes and sizes. Many shipping service providers depend on automated parcel dimensioners to accelerate their shipment journeys while ensuring maximum profitability. 

Automated parcel dimensioning systems are another name for parcel dimensioners. These are utilized to measure distinct boxes and packages of different sizes and forms. Several shipping service providers use automated parcel dimensioners to speed up shipment routes while maximizing revenue. 

Four reasons why eCommerce firms need to adopt warehouse dimensioning systems 

Several enterprises are already adopting warehouse dimensioning systems. Here are four explanations for why people already see the advantages. 

Increasing speed 

Any automated warehousing solution that wants to deliver the results instantly needs to be fast. Additionally, it’s crucial to consider how quickly the warehouse operator can dimension a product and input the measurements into the equipment. 

Since information may be obtained as needed, the tracked data in the warehouse dimensioning systems can be kept and used. 

Throughput optimization 

It became evident in 2020 that warehouse clients had little tolerance for late deliveries. The package must be delivered without incident because that could be the “make or break” moment for the customer. Warehouse dimensioning systems provide data access so that eCommerce warehouse and fulfillment may effectively assign a spot for the product in the pallet and ensure a quick and efficient shipping cycle. 

Improved accuracy of shipping cost 

To calculate the exact cost, it is essential to determine the precise weight and dimensions. The warehouse dimensioning systems take care of this issue by removing potential human error, which helps the customer feel like they received a fair bargain. 

Future capacity planning 

Warehouse dimensioning systems can help plan the entire storage capacity so that operations can be flexible, efficient, and future proof. It can, for example, assist in planning a move. If necessary, the weight and dimensional answers would also be useful for defining the pallet racket. 

How can automated package dimensioners boost warehouse profitability? 

Assist in increasing profitability 

First off, dimensioners offer a methodical approach to preventing higher than necessary costs caused by inaccurate dimensional data. Additionally, they support systematic cost monitoring to establish best practices for ensuring pricing correctness. 

Additionally, the warehouse dimensioning systems can revolutionize the analysis of the discrepancy between the estimated value and the actual value of the dimensional weights. 

Accelerate package dimensioning and weighing operations 

As previously said, most operators no longer measure the dimensions using measuring tapes because it is laborious and inefficient. With dimensioning systems, warehouses can drastically cut down on measuring time, though! Additionally, doing so increases your facility’s throughput, which boosts income generation. 

Conclusion 

Some top enterprises and new start-ups have already started implementing the most recent warehouse dimensioning technologies to achieve continuous expansion. One can even contend that cutting-edge dimensioning is essential to any profitable warehouse. 

Future robotization developments may bring automated dimensioning technology to a new level, giving warehouses greater accuracy and efficiency. 

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Parcel and Postal Automation Systems Market Worth $4,497.1 Million by 2025, Says Meticulous Research®

Meticulous Research® – leading global market research company published a research report titled “Parcel and Postal Automation Systems Market by Product (Parcel Sorting Systems, Mail Sorting Systems, Automatic Reading and Coding systems, Parcel and Postal Software), Component (Hardware, Software, Services), Application (Courier, Express, & Parcel; Government Postal), and Geography– Global Forecast to 2025”.

According to this latest publication from Meticulous Research®, the global parcel and postal automation systems market is projected to reach $4,497.1 million in 2025 from $2,830.0 million in 2018, growing at a CAGR of 6.8%. The growth of this market will be driven by factors such as growth in the e-commerce industry, increasing labor costs, and rising need for automated sorting and delivery processes in the postal industry. On the other hand, the declining volume of traditional mails, along with design and operational challenges are expected to be the key challenges of this market.

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The global parcel and postal automation systems market study presents historical market data in terms of values (2016 and 2017), estimated current data (2018), and forecasts for 2025-by product (parcel sorting systems, mail sorting systems, automatic reading and coding systems, and parcel and postal software), component (hardware, software, and services), and application (courier, express, & parcel; government postal). The study also evaluates industry competitors and analyzes the market at regional and country level.

On the basis of product, the global parcel and postal automation market is segmented into parcel sorting systems, mail sorting systems, automatic reading and coding systems, and parcel and postal software broadly. Parcel sorting systems segment is further segmented into linear and loop parcel sorters. Linear parcel sorters hold the largest share of the parcel sorting systems; however, loop parcel sorters are expected to grow at the fastest growth rate owing to increasing parcel volumes and increased utilization of space by companies. Mail sorting systems are further segmented into letter sorters, culler facer cancellers, flat sorters, and mixed mail sorters. The letter sorter systems segment accounted for the largest share of the mail sorting systems market, whereas culler facer cancellers will witness the fastest growth during the forecast period owing to advancements in IT solutions.

Browse key industry insights spread across 167 pages with 135 market data tables & 20 figures & charts from the report: https://www.meticulousresearch.com/product/parcel-postal-automation-systems-market/

On the basis of application, parcel and postal automation systems market is segmented into two major segments namely, government postal; and courier, express & parcels. Courier, express & parcels segment accounted for the largest share of the global parcel and postal automation systems market in 2017. However, government postal segment will witness the fastest growth during the forecast period owing to increasing adoption of digitization and developments in the government postal sector.

This research report analyzes major geographies and provides comprehensive analysis of North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and RoE), Asia Pacific (China, Japan, Korea, India, and RoAPAC), Latin America, and Middle East & Africa. North America accounted for the largest share of the global parcel and postal automation systems market in 2017. Factors such as highly growing e-commerce industry in the U.S., increasing demand for automation, and presence of well-established infrastructure which allows implementation of advanced technologies are expected to drive the growth of parcel and postal automation systems market in this region. However, APAC region is expected to grow with the highest growth rate during the forecast period. Factors such as rising online and e-commerce sales are driving the growth of the parcel and postal automation systems market in this region.

The key players profiled in the global parcel and postal automation systems market report are Siemens AG, Beumer Group, Pitney Bowes, Vanderlande Industries, Solystic SAS, Toshiba, NEC Corporation, Zebra Technologies, Fives Group, and National Presort Inc.

Top 10 Companies in this market: https://meticulousblog.org/top-10-companies-in-parcel-and-postal-automation-systems-market/

Scope of Parcel And Postal Automation Systems Market Report:

Parcel and Postal Automation Market by Component

Hardware

Services

Software

Parcel and Postal Automation Market by Product

Parcel Sorting Systems

Mail Sorting Systems

Automatic reading and coding systems

Parcel and Postal Software

Linear Parcel Sorters

Loop Parcel Sorters

Culler Facer Cancellers

Letter Sorters

Flat Sorters

Mixed Mail Sorters

Parcel and Postal Automation Market by Application

Government Postal

Courier, Express, & Parcel

Parcel and Postal Automation Market by Geography

North America

Europe

Asia Pacific (APAC)

Latin America

Middle East & Africa

U.S.

Canada

Mexico

Germany

UK

France

Italy

Spain

Rest of Europe (RoE)

China

Japan

Korea

India

Rest of APAC (RoAPAC)

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Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicated market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Meticulous Research® produces global reports and custom studies for North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa regions. These reports are used by our clients for marketing and strategic planning in various sectors.

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[trendingfact]

Parcel and Postal Automation Systems Market: Insights into the Competitive Scenario of the Market

Parcel and postal automation systems are used to facilitate optimal and high-speed transfer of mails from the sender to the receiver. The global parcel and postal automation systems market is anticipated to progress rapidly during the forecast period owing to a rise in the number of parcels. Moreover, an expansion in the e-commerce industry will serve as a focal point for the market’s growth.

Global Parcel and Postal Automation Systems Market: Notable Developments

Below are a few notable developments in the global parcel and postal automation systems market:

The introduction of Radio Frequency Identification (RFID) technology has significantly helped the global parcel and postal automation systems market expand its global footprints. RFID considerably lowers the information costs as it can electronically store a massive amount of data that can be updated or changed. Moreover, it enhances the accuracy levels of the information to a level where there is no requirement for human intervention. In addition to this, RFID tags enable anti-counterfeiting applications as they can capture data about the conditions they experience. Owing to these features RFID has transformed the postal operations across the world.

Recent advancements in the automation technology have led to the advent of autonomous mobile postal robots. These robots can transport good without humans controlling them with the help of navigation technologies and sensors. These robots can potentially help in reducing the costs of postal operations by speeding up the process and saving the work hours. This technology is still in its nascent stage, however, it is expected to be extensively deployed in the coming years thus expanding the scope of the global parcel and postal automation systems market.

The prominent players in the global parcel and postal automation systems market include NEC Corporation, National Presort Inc., Fives Group, Siemens AG, Pitney Bowes, and Vanderlande Industries.

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Global Parcel and Postal Automation Systems Market: Key Growth Dynamic

The rise in online shopping has tremendously increased the volume of parcels, thus fueling the growth of the global parcel and postal automation systems. Moreover, there is increasing adoption of digitalization in the government postal sector. It is now rapidly proliferating the commercial sector, thereby aiding the parcel and postal automation market gain momentum during the forecast period.

With an expansion in the e-commerce industry, there is an increase in the need for automation in the postal operations. This is prominently on account of the time constraints and the human errors occurred during handling large volumes of parcels. This has impacted the global parcel and postal automation systems market favorably, thus fuelling its growth. Moreover, automation of postal systems significantly reduces the labor costs.

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On the downside, there are a few restraints that may cause a shortfall in the global parcel and postal automation systems market. Factors such as high costs associated with the maintenance of these systems may pose a threat to the market’s growth. However, recent advancements in the postal automation technology such as the Internet of Postal Things may present numerous growth opportunities for the market.

Global Parcel and Postal Automation Systems Market: Regional Outlook

Geographically, North America is estimated to dominate the global parcel and postal automation systems market. The growth in this region can be mainly attributed to the rapidly expanding e-commerce industry. U.S. is the major contributor of the market’s growth in this region owing to the rising prevalence of courier companies and large investment in the postal automation systems.

[jkottke]

Meet the Black Market Dropgangs

Ok, this is fascinating. In "dropgangs, or the future of darknet markets", Jonathan Logan shares how vendors on the darknet have evolved in recent years. Instead of relying on markets like Silk Road to connect with customers and the post office to deliver, vendors have brought customer communications in-house and utilize public dead drop locations for delivery, just like espionage organizations.

To prevent the problems of customer binding, and losing business when darknet markets go down, merchants have begun to leave the specialized and centralized platforms and instead ventured to use widely accessible technology to build their own communications and operational back-ends.

Instead of using websites on the darknet, merchants are now operating invite-only channels on widely available mobile messaging systems like Telegram. This allows the merchant to control the reach of their communication better and be less vulnerable to system take-downs. To further stabilize the connection between merchant and customer, repeat customers are given unique messaging contacts that are independent of shared channels and thus even less likely to be found and taken down. Channels are often operated by automated bots that allow customers to inquire about offers and initiate the purchase, often even allowing a fully bot-driven experience without human intervention on the merchant's side.

The use of messaging platforms provides a much better user experience to the customers, who can now reach their suppliers with mobile applications they are used to already. It also means that a larger part of the communication isn't routed through the Tor or I2P networks anymore but each side - merchant and customer - employ their own protection technology, often using widely spread VPNs.

The other major change is the use of "dead drops" instead of the postal system which has proven vulnerable to tracking and interception. Now, goods are hidden in publicly accessible places like parks and the location is given to the customer on purchase. The customer then goes to the location and picks up the goods. This means that delivery becomes asynchronous for the merchant, he can hide a lot of product in different locations for future, not yet known, purchases. For the client the time to delivery is significantly shorter than waiting for a letter or parcel shipped by traditional means - he has the product in his hands in a matter of hours instead of days. Furthermore this method does not require for the customer to give any personally identifiable information to the merchant, which in turn doesn't have to safeguard it anymore. Less data means less risk for everyone.

Logan expects this type of thing to become more widespread in the near future and it will be difficult to know what effect it will have on society. Maybe one of those effects is that being a corner hopper (like in The Wire) will be more widely available to young people (emphasis mine):

More people will find their livelihoods in taking part in these distribution networks, since required skills and risks are low, while a steady income for the industrious can be expected. Instead of delivering papers, teenagers will service dead drops.

(via @pomeranian99)

[metiresearchinfo]

TOP 10 COMPANIES IN AIRPORT LOGISTICS SYSTEMS MARKET

Airport logistics systems include air cargo management and baggage handling systems in the airports. The global air cargo traffic is increasing at significant pace and there is an increasing need to develop more dedicated cargo terminals to accommodate the increasing global air cargo traffic. The air cargo trade gets specialized offerings because of the dedicated freight operators and aircrafts. Major airports across the globe are being used for bonded and heavy export cargo-related activities. Dedicated cargo terminals have the need to meet the international security standards and efficiently handle air cargo activities and are investing significantly in efficient and next-generation cargo management systems. Traders who need to send or receive goods within a short period of time and high security is needed, choose air transport for freight management.

Here are the top 10 companies operating in global airport logistics systems market–

Daifuku Co., Ltd.

Founded in 1937 and headquartered in Osaka, Japan, Daifuku Co., Ltd. is a leading provider of material handling systems in the automation and logistics industry. The company designs, manufactures, installs, and provides after-sales services for logistics systems and material handling equipment. The company offers conveying, transportation, storage, sorting, controlling, and material handling systems. The company provides a broad range of automated systems for airports including baggage handling systems, check-in systems, screening systems, and software and control.

With its production and sales locations in 23 countries, the company operates in North America, Asia Pacific, Europe, and Rest of the World (RoW) regions.

Siemens AG

Founded in 1847 and headquartered in Munich, Germany, Siemens AG is a technology company with core activities in the fields of electrification, automation, and digitalization. The company operates through nine business segments, namely, Power and Gas, Healthineers, Energy Management, Digital Factory, Process Industries and Drivers, Mobility, Renewable Energy, Building Technologies, and Financial Services. The company‟s Siemens Postal, Parcel & Airport Logistics (SPPAL) GmbH (Germany) subsidiary deals with airport logistics management including air cargo transportation and baggage handling.

Geographically, the company operates in more than 190 countries across the world.

Vanderlande

Founded in 1949 and headquartered in Veghel, The Netherlands; Vanderlande is one of the leading providers of value-added logistics process automation in airports. The company operates through four business segments namely, Warehousing, Airports, Life-Cycle Services, And Parcel. With its extensive baggage handling product portfolio, the company focuses on the optimization of its customers‟ business processes and competitive positions. In May 2017, Toyota industries Corporation (Japan) acquired Vanderlande industries and it is now wholly owned subsidiary of Toyota Industries.

Geographically, the company operates in North America, South America, Europe, and Asia Pacific regions.

China International Marine Containers (Group) Co., Ltd. (CIMC)

Founded in 1980 and headquartered in Guangdong, China; China International Marine Containers (Group) Co., Ltd. (CIMC) is a leading equipment and solution provider in the logistics and energy industries. In August 2014, CIMC acquired Pteris Global, a leading airport logistics provider, which is now a wholly owned subsidiary of CIMC. The company operates through ten business segments including containers, road transportation vehicles, energy, chemical and liquid food equipment, offshore engineering equipment, airport facilities equipment, heavy trucks, financial businesses, real estate, and others.

Geographically, the company operates in more than 100 countries across Asia, Americas, Europe, and other regions.

A report into the projected growth of the current airport logistics systems market by Meticulous Research® has produced some incredible forecasts for the industry. By 2024, it’s expected to have grown at a CAGR of 10.3%, reaching over $ 14 billion.

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CHAMP Cargosystems

Founded in 2004 and headquartered in Contern, Luxemburg; CHAMP Cargosystems was a wholly owned subsidiary of Cargolux Airlines, a Luxemburg based airline Company. CHAMP provides a comprehensive range of integrated IT solutions and distribution services for the aircargo logistics. In 2005, CHAMP was merged with Société Internationale de Télécommunications Aéronautiques (SITA), a Netherlands based multinational IT Company providing IT and telecommunication services to the air transport industry and serves over 200 airlines and connects these with around 3,000 freight forwarders.

With more than 1,500 stations in around 100 countries, the company operates with seven offices transferring 20 million shipments annually.

BEUMER Group

Founded in 1935 and headquartered in Beckum, Germany; BEUMER Group is a privately held international leader in the manufacture of intralogistics systems for conveying, loading, palletising, packaging, sortation, and distribution. The company provides high-quality system solutions across a wide range of industries, including bulk materials and piece goods, food and non-food, construction, mail order, post, and airport baggage handling. The company provides fully integrated automated high-speed airport baggage handling systems for small, medium, and large airports worldwide. Annually, the company generates around USD 870 million all over the world.

Geographically, the company has 13 subsidiaries and operates in North America, South America, Europe, Africa, Asia, and Australia.

Unisys Corporation

Founded in 1986 and headquartered in Pennsylvania, U.S., Unisys Corporation is a global IT firm that provides high-performance security solutions, leveraged services across industries, industry specific application products, and technology solutions. The company operates through two business segments, including, services and technology. The services segment includes cloud and infrastructure services, application services, and BPO services. The technology offers hardware and other related products to help clients reduce costs, improve security, flexibility, and improve the efficiency of their data-center environments.

Geographically, the company operates in the U.S., the U.K., and other foreign countries.

IBS Software Services Private Limited

Founded in 1997 and headquartered in Kerala, India, IBS is a privately held provider of transportation and logistics solutions. The company provides their products and software to airline, cruise lines, oil & gas, loyalty management, and hospital distribution sectors. In the aviation industry, the company provides end-to-end operating solutions including airline passenger services, cargo operations, flight and crew operations, airport operations, and aircraft maintenance engineering. The company performs cargo operations with the help of inbuilt system tools, automated workflows, smart technology, and analytics.

Geographically, the company operates in Americas, Asia Pacific, Europe, and Middle East and Africa.

Kale Logistics

Founded in 2010 and headquartered in Maharashtra, India, Kale Logistics is a privately held global IT solutions provider focused on providing cutting edge technology solutions to the logistics industry. The company provides logistics solutions for air, rail, and ocean cargo management. The company solutions offered provide simplification of complex business operations without losing operational efficiency.

Kale’s solution suite covers the complete need of the logistics businesses in several areas such as transportation management systems, customer relationship management, supply chain management, logistics accounting systems and community collaboration platforms, inventory and yield management, among others.

ALS Logistics

Founded in 1996 and headquartered in Dubai, United Arab Emirates; ALS Logistics is a privately held automation solution provider of material handling, cargo, and car park systems. The company’s products and services range covers airport consulting and solutions, including air cargo handling systems, automated storage and retrieval systems, warehouse management systems, and automated car parks. ALS also offer advanced automated IT storage systems to achieve optimal material flow and guarantee customer throughput.

Geographically, the company operates in Asia, Middle East and Africa, and Europe.

Authoritative Research on the Airport Logistics Systems Market

Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:

Recent financial performance

Key products

Significant company strategies

Partnerships and acquisitions

Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.

[credibleauomotive]

Postal Automation System Market Analytical Overview, Growth Factors, Demand and Trends Forecast to 2030

The most recent Postal Automation System Market statistical surveying report involves a complete evaluation of Postal Automation System industry, featuring the variables that will affect the business' income stream during the assessed course of events. Further, it gives an expressive framework of the open possibilities in the sub-promotes close by measures to profit from something almost identical.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on Postal Automation System market covers the following areas:

Postal Automation System market sizing

Postal Automation System market forecast

Postal Automation System market industry analysis

Competitive Analysis:

The Postal Automation System market report includes information on the product launches, sustainability, and prospects of leading vendors including: (Pitney Bowes, Eurosort Systems, Intelligrated, Fives Group, NEC, Bowe Systec, Dematic, Toshiba, Lockheed Martin, Vanderlande, Siemens AG, National Presort (NPI), Interroll, GBI Intralogistics, Falcon Autotech, Leonardo, Beumer Group, SOLYSTIC, Bastian Solutions)

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The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Market segmentation

Postal Automation System market is split by Type and by Application for the period 2021-2028, the growth among segments provides accurate artifices and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

By Types Culler Facer Cancellers Letter Sorters Flat Sorters Parcel Sorters Mixed Mail Sorters Others By Applications Government Postal Courier, Express, & Parcel

Regional Analysis of Global Postal Automation System Market

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Postal Automation System market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Major Points Covered in TOC:

Outline: Along with an expansive outline of the worldwide Postal Automation System market, this segment gives an outline of the report to give a thought regarding the nature and substance of the examination study.

Analysis of Strategies of Leading Players: Market players can use this analysis to gain a competitive advantage over their competitors in the Postal Automation System market.

Study on Key Market Trends: This piece of the report offers a more significant assessment of the latest and future examples of the market.

Market Forecasts: Buyers of the report will approach precise and approved evaluations of the all market size as far as worth and volume. The report additionally gives utilization, creation, deals, and different conjectures for the Postal Automation System market.

Local Growth Analysis: All critical regions and countries have been covered in the report. The neighborhood examination will help with elevating players to exploit dismissed common business areas, prepare express philosophies for target regions, and contemplate the improvement of each and every regional market.

Segmental Analysis: The report gives precise and solid conjectures of the piece of the pie of significant portions of the Postal Automation System market. Market members can utilize this examination to make key interests in key development pockets of the market.

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Key questions answered in the report:

What will the market development pace of Postal Automation System market?

What are the key factors driving the Global Postal Automation System market?

Who are the key manufacturers in market space?

What are the market openings, market hazard and market outline of the market?

What are sales, revenue, and price analysis of top manufacturers of Postal Automation System market?

Who are the distributors, traders, and dealers of Postal Automation System market?

What are the Postal Automation System market opportunities and threats faced by the vendors in the Global Postal Automation System industries?

What are deals, income, and value examination by types and utilizations of the market?

What are deals, income, and value examination by areas of enterprises?

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[latestindustryinsights]

Top 10 Companies in Parcel And Postal Automation Systems Market 2025

🔹According to this latest publication from Meticulous Research®, the global parcel and postal automation systems market is projected to reach $4,497.1 million in 2025 from $2,830.0 million in 2018, growing at a CAGR of 6.8%. 

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🔹The growth of this market will be driven by factors such as growth in the e-commerce industry, increasing labor costs, and rising need for automated sorting and delivery processes in the postal industry. On the other hand, the declining volume of traditional mails, along with design and operational challenges are expected to be the key challenges of this market.

[shashiemrf]

Postal Automation System Market: Study Navigating the Future Growth Outlook 2023

Market Overview

The increased urbanization and advancement in technology is the key factor of the growth of the Postal Automation System Market. The adoption of new technologies like optical character recognition is driving the growth factor of the market. As the technology develops into its upgraded form day to day with advanced form, people's living standards are even upgrading. The major technological advancements in industry and digitization have been a major growth factor of the market. With the huge growth in e-commerce services, automated solutions in the postal industry have developed.

Further, this sector is going to enhance the Postal Automation System Market Trends. The increase in the decline of traditional mails is even another boosting factor for the market's size. The market is getting huge opportunities from the banking sector for automated systems. The key players are working on the features to make it more advanced and innovative to meet the customers' demands. A postal automation system is considered an intelligent solution and effective way for parcel sorting and mailing. This method has been used in various regions of the world and the growth of the regional market of the regions to uplift the global market share in the coming years.

The Postal Automation System Market Forecast states that the market is expected to register a CAGR of 9.10%, worth USD 2.2 Billion from 2017 to 2023.

Market Segmentation

The Postal Automation System Market is segmented into various segments based on components, technology, applications, and region. Based on components, the Postal Automation System Market is divided into hardware, software, and services. The technology segment of the market is segmented into delivery bar code sorter, facer canceller system, automated package processing system, automated parcel and bundle sorter, and other segments. The application segment of the Postal Automation System Market is classified into public posts and private posts. All these segments contribute to the market's growth and help it to reach the expected CAGR in the evaluation period.

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Regional Analysis

According to the geographical states of the Postal Automation System Market, the market is spreading its growth in the various regions of the world such as Asia Pacific, North America, Europe, and the rest of the world. Among these regions, North America is leading across the globe because of its largest share in the market. The rise in demand from various sectors, including BFSI, government, and others. Followed by North America, the European market is expected to project rapid growth in the upcoming years. Other regions of Asia Pacific such as China, Japan, and India are contributing well to the growth of the Postal Automation System Market. These regions are helping the market to reach its CAGR in the future years.

Industry News

The global Postal Automation System Market is registered to grow at a CAGR of 9% from 2023. The Postal Automation System Trends is set to surge significantly during the years 2020 to 2028.

Based on component type, the hardware segment is currently dominating and has generated USD 574.3 Million markets in 2017, and it is expected to witness a CAGR of 10.75%.

Table of Content:

2 Market Dynamics

2.1 Market Drivers

2.1.1 Increasing Trend Towards Automation Systems

2.1.2 Increasing Demand For Urgent Or Speedy Delivery Of Mails

2.2 Market Inhibitors

2.2.1 Availability Of Electronic Substitutions

2.2.2 High Cost Of Installation

2.3 Market Opportunities

2.3.1 Increasing Volume Of Mails From Banking Sector Creating Demand For Automated Systems

2.4 Supply Chain Analysis

2.5 Porter’s Five Forces Analysis

3 Global Postal Automation System Market, By Technology

3.1 Introduction

3.2 Market By Sub-Segment

3.2.1 Facer Canceller System

3.2.2 Delivery Barcode Sorter

3.2.3 Automated Package Processing System

3.2.4 Others System

4 Global Postal Automation System Market, By Components

4.1 Introduction

4.2 Market By Sub-Segment

4.2.1 Software

4.2.2 Services

4.2.3 Hardware

5 Global Postal Automation System Market, By Application

5.1 Introduction

5.2 Market By Sub-Segment

5.2.1 Public Post Office

5.2.2 Private Post Office

6 Global Postal Automation System Market, By Region

6.1 Introduction

6.2 Market By Sub-Segment

6.2.1 North America

6.3 Market By Sub-Segment

6.3.1 Europe

6.3.2 Asia-Pacific

6.3.3 Rest Of The World (ROW)

7 Competitive Landscape

7.1 Introduction

7.2 Market Share Analysis

7.2.1 Toshiba Corporation

7.2.1.1 Business Overview

7.2.1.2 Product Portfolio

7.2.1.3 Business Strategy

7.2.1.4 SWOT Analysis

7.2.2 NEC Corporation

7.2.2.1 Business Overview

7.2.2.2 Product Portfolio

7.2.2.3 Business Strategy

7.2.2.4 SWOT Analysis

7.2.3 Vanderlande Industries B.V.

7.2.3.1 Overview

7.2.3.2 Product/Services Offering

7.2.3.3 Business Strategy

7.2.3.4 SWOT Analysis

7.2.4 Siemens AG

7.2.4.1 Overview

7.2.4.2 Product/Services Offering

7.2.5 Mitsubishi Electric Corporation

7.2.5.1 Company Overview

7.2.5.2 Product/Services Offering

7.2.6 Accenture Plc

7.2.6.1 Business Overview

7.2.6.2 Business Overview

7.2.6.3 Business Strategy

7.2.6.4 Swot Analysis

7.2.7 Fujitsu Ltd

7.2.7.1 Company Overview

7.2.7.2 Product/Services Offering

7.2.7.3 Business Strategy

7.2.7.4 Swot Analysis

7.2.8 Falcon Autotech

7.2.8.1 Company Overview

7.2.8.2 Product Portfolio

7.2.9 Solystic SAS

7.2.9.1 Company Overview

7.2.9.2 Product Portfolio

7.2.10 Escher Group

7.2.10.1 Company Overview

7.2.10.2 Product Portfolio

7.2.10.3 SWOT Analysis

8 Appendix:

8.1 Scope Of The Study

8.1.1 Research Objective

8.1.2 Assumption

8.1.3 Limitation

8.2 Market Structure

9 Research Methodologies

9.1 Research Process

9.2 Primary Research

9.3 Secondary Research

9.4 Market Size Estimation

9.5 Forecast Model

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[boc-naia]

PRESS RELEASE

November 08, 2021

*BOC-NAIA & DHL Express conduct collaboration meeting for continuous partnership and improved services*

In its effort to further promote and enhance ease of doing business, the Bureau of Customs-Port of NAIA (BOC-NAIA) headed by District Collector Carmelita M. Talusan met with DHL Express Philippines on November 02, 2021.

In attendance from DHL Express were Ms. Yati Abdullah, outgoing Country Manager and now the Vice President, Emerging Markets, Mr. Nigel Lockett, incoming Country Manager and Mr. Promod George, Director of Operations. Abdullah thanked the Port of NAIA for the strengthened partnership and collaboration in the recent years. She also emphasized that the momentum the Bureau of Customs, under the leadership of Commissioner Rey Leonardo B. Guerrero, and DHL Express Philippines is gaining through automation will really improve efficiency of systems and processes and fast track all parcel shipments.

Promotion of e-commerce in and out of the Philippines, full automation of systems and processes, and supporting Micro, Small, and Medium Enterprises (MSMEs) are among the priorities that DHL and Bureau of Customs will continue to focus on.

Recently, the Port of NAIA had several engagements with government agencies such as the Department of Agriculture - Bureau of Animal Industry (BAI), Bureau of Plant Industry (BPI), and Bureau of Fisheries and Aquatic Resources (BFAR), and the Philippine Postal Corporation (PHLPOST) to improve regulatory measures and inter-government processes.

On the other hand, the Port also engaged with non-governmental institutions and international non-profit banks such as the Asian Development Bank for a sharing of best practices and establishment of communication and cooperation to promote economic growth and fast-track humanitarian aid to the region through trade facilitation.

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