PUBLISHER: Grand View Research | PRODUCT CODE: 1433593
PUBLISHER: Grand View Research | PRODUCT CODE: 1433593
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
U.S. Postal Automation Systems Market Growth & Trends:
The U.S. postal automation systems market size is anticipated to reach USD 352.9 million by 2030 and it is projected to grow at a CAGR of 4.7% from 2023 to 2030, according to a new report by Grand View Research, Inc. This growth is attributable to the increasing need for automation in delivery and sorting processes in the U.S.
The growing significance of faster delivery to save time and labor costs in different industries is positively influencing the market outlook. Moreover, the growth of e-commerce and globalization are expected to create opportunities for the U.S. postal automation systems market over the forecast period. The expansion of e-commerce companies has strengthened the overall market outlook with the heightened adoption of postal automation systems to simplify the mail processing chain, improve service quality, and reduce fixed costs such as labor. A considerable rise in parcel shipping activities across the U.S. is creating lucrative opportunities for the market. According to the annual parcel shipping index report by Pitney Bowes Inc., 21.2 billion parcels were shipped, received, and returned across the country in 2022. The volume is expected to reach 28 billion by 2028.
With the increased globalization and the expansion of the e-commerce sector, individuals and businesses expect faster and more flexible delivery of goods at minimal cost. As a result, the logistics industry is largely focusing on streamlining and optimizing its supply chain operations. In this regard, automation offers greater potential to transform the logistics industry by providing businesses the new levels of efficiency, flexibility, and accuracy. The companies operating in this industry are investing in automation technologies such as transportation management systems, warehouse management systems, and robots to automate various tasks across the supply chain. The increasing consumer preference for online shopping and the need to handle vast volumes of goods have urged several companies to invest in automation solutions that can facilitate efficient logistics operations. For instance, in May 2023, FedEx announced the acquisition of 12 parcel-sorting robotic arms from Plus One Robotics and Yaskawa Motoman
and deployed them at its Express sorting facility in Tennessee. The technology used in these depalletizing arms will enable smooth and efficient movement of goods from palleted shipments across the facility. Such initiatives to optimize the operations and supply chains across the logistics sector will positively influence market growth over the coming years.
U.S. Postal Automation System Market Report Highlights:
- Based on technology, the culler facer canceller segment led the market in 2022 with the largest market revenue share of 19.67%. The U.S. postal automation systems market has seen significant growth in recent years due to advances in culler facer canceller segment. This technology has revolutionized the way that mail is processed, making it faster, more efficient, and more accurate
- Based on type, the hardware segment led the market in 2022 with the largest revenue share of 64.7%. This growth can be attributed to the increased demand for faster and more efficient mail processing, as well as the need to reduce costs and improve accuracy. One of the key hardware technologies driving this growth is the use of automated sorting machines.
- In terms of application, the commercial postal segment is anticipated to register the fastest CAGR during the forecast period. The growth of the commercial postal segment in the market is attributed to increased efficiency, cost savings, and streamlined processes. Businesses are leveraging automation to enhance sorting, tracking, and delivery, contributing to the overall expansion of the market.
- In April 2023, Beumer Group expanded its global presence as it opened a new head office in the U.K. Along with this, the company also operates material handling and airport baggage handling systems at Heathrow Airport.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List to Data Sources
Chapter 2. Executive Summary
- 2.1. U.S. Postal Automation Systems Market Snapshot
- 2.2. U.S. Postal Automation Systems Market - Segment Snapshot
- 2.3. U.S. Postal Automation Systems Market - Competitive Landscape Snapshot
Chapter 3. U.S. Postal Automation Systems Market - Industry Outlook
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.1.1. Rising Adoption of Automated Solutions in the Logistics Sector
- 3.3.1.2. Increasing Demand across E-Commerce Sector
- 3.3.1.3. Technological Developments in Postal Automation Systems
- 3.3.2. Market Restraint Analysis
- 3.3.2.1. Higher Initial Investment
- 3.3.3. Industry Opportunities
- 3.3.4. Industry Challenges
- 3.3.1. Market Driver Analysis
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's analysis
- 3.4.2. Macroeconomic analysis
- 3.5. U.S. Postal Automation Systems Market- COVID-19 Impact Analysis
- 3.6. U.S. Postal Automation Systems Market- Technology Trends
- 3.7. Analysis of Foreign Postal Services Providers
- 3.7.1. List of Leading Market Players
- 3.7.2. Government Initiatives, Investments to Strengthen Postal Service Industries
Chapter 4. U.S. Postal Automation Systems Market: Technology Estimates & Trend Analysis
- 4.1. Technology Movement Analysis & Market Share, 2022 & 2030
- 4.2. U.S. Postal Automation Systems Market Estimates & Forecast, By Technology (USD Million)
- 4.2.1. Culler Facer Canceller
- 4.2.2. Letter Sorter
- 4.2.3. Flat Sorter
- 4.2.4. Mixed Mail Sorter
- 4.2.5. Parcel Sorter
- 4.2.6. Others
Chapter 5. U.S. Postal Automation Systems Market: Type Estimates & Trend Analysis
- 5.1. Type Movement Analysis & Market Share, 2022 & 2030
- 5.2. U.S. Postal Automation Systems Market Estimates & Forecast, By Type (USD Million)
- 5.2.1. Hardware
- 5.2.2. Software
- 5.2.3. Services
Chapter 6. U.S. Postal Automation Systems Market: Application Estimates & Trend Analysis
- 6.1. Application Movement Analysis & Market Share, 2022 & 2030
- 6.2. U.S. Postal Automation Systems Market Estimates & Forecast, By Application (USD Million)
- 6.2.1. Commercial Postal
- 6.2.2. Government Postal
Chapter 7. U.S. Postal Automation Systems Market - Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Company Categorization
- 7.3. Participant's Overview
- 7.4. Financial Performance
- 7.5. Product Benchmarking
- 7.6. Company Market Share Analysis, 2022
- 7.7. Company Heat Map Analysis
- 7.8. Strategy Mapping
- 7.8.1. Expansion/Divestiture
- 7.8.2. Mergers & Acquisition
- 7.8.3. Collaborations/Partnerships
- 7.8.4. New Product Launches
- 7.9. Company Profiles
- 7.9.1. Bastian Solutions
- 7.9.1.1. Participant's Overview
- 7.9.1.2. Financial Performance
- 7.9.1.3. Product Benchmarking
- 7.9.1.4. Recent Developments
- 7.9.2. Beumer Group
- 7.9.2.1. Participant's Overview
- 7.9.2.2. Financial Performance
- 7.9.2.3. Product Benchmarking
- 7.9.2.4. Recent Developments
- 7.9.3. BlueCrest (DMT Solutions Global Corporation)
- 7.9.3.1. Participant's Overview
- 7.9.3.2. Financial Performance
- 7.9.3.3. Product Benchmarking
- 7.9.3.4. Recent Developments
- 7.9.4. Dematic
- 7.9.4.1. Participant's Overview
- 7.9.4.2. Financial Performance
- 7.9.4.3. Product Benchmarking
- 7.9.4.4. Recent Developments
- 7.9.5. GBI Intralogistics
- 7.9.5.1. Participant's Overview
- 7.9.5.2. Financial Performance
- 7.9.5.3. Product Benchmarking
- 7.9.5.4. Recent Developments
- 7.9.6. ID Mail Systems
- 7.9.6.1. Participant's Overview
- 7.9.6.2. Financial Performance
- 7.9.6.3. Product Benchmarking
- 7.9.6.4. Recent Developments
- 7.9.7. Lockheed Martin Corporation
- 7.9.7.1. Participant's Overview
- 7.9.7.2. Financial Performance
- 7.9.7.3. Product Benchmarking
- 7.9.7.4. Recent Developments
- 7.9.8. OPEX Corporation
- 7.9.8.1. Participant's Overview
- 7.9.8.2. Financial Performance
- 7.9.8.3. Product Benchmarking
- 7.9.8.4. Recent Developments
- 7.9.9. Pitney Bowes Inc.
- 7.9.9.1. Participant's Overview
- 7.9.9.2. Financial Performance
- 7.9.9.3. Product Benchmarking
- 7.9.9.4. Recent Developments
- 7.9.10. Vanderlande Industries B.V.
- 7.9.10.1. Participant's Overview
- 7.9.10.2. Financial Performance
- 7.9.10.3. Product Benchmarking
- 7.9.10.4. Recent Developments
- 7.9.1. Bastian Solutions
List of Tables
- Table 1 US Postal Automation Systems Market - Key market driver impact
- Table 2 US Postal Automation Systems Market - Key market restraint impact
- Table 3 IoT applications in postal services
- Table 4 List of Postal Automation Service Providers
- Table 5 List of Postal Service Provider
- Table 6 List of Courier Service Provider
- Table 7 Recent Development for Global Market Players (including Postal Automation Service Providers, Postal Service Providers, Courier Service Provider)
- Table 8 Government Initiatives, Investments to Strengthen Postal Service Industries
- Table 9 Recent Developments in Postal Automation Systems Market
- Table 10 US Postal Automation Systems Market Revenue Estimates and Forecast, By Technology, 2018 - 2030 (USD Million)
- Table 11 US Postal Automation Systems Market Revenue Estimates and Forecast, By Type, 2018 - 2030 (USD Million)
- Table 12 US Postal Automation Systems Market Revenue Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- Table 13 Recent Developments & Impact Analysis, By Key Market Participants
- Table 14 Company Heat Map Analysis
- Table 15 Key Companies undergoing expansions/divestitures
- Table 16 Key Companies involved in M&As
- Table 17 Key Companies undergoing collaborations
- Table 18 Key Companies launching new products
List of Figures
- Fig. 1 US Postal Automation Systems Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation And Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Segment Snapshot
- Fig. 8 Competitive Landscape Snapshot
- Fig. 9 Postal Automation Systems Market Value, 2022 - 2030 (USD Million)
- Fig. 10 US Postal Automation Systems Market - Industry Value Chain Analysis
- Fig. 11 Market Dynamics
- Fig. 12 US market share for logistics, 2022 (package volume)
- Fig. 13 US Package Volume of Amazoncom, Inc (Million)
- Fig. 14 Common Barriers to Adopt Automation Across Industries in 2023
- Fig. 15 US Postal Automation Systems Market: PORTER's Analysis
- Fig. 16 US Postal Automation Systems Market: PESTEL Analysis
- Fig. 17 US Postal Automation Systems Market, by Technology: Key Takeaways
- Fig. 18 US Postal Automation Systems Market, by Technology: Market Share, 2022 & 2030
- Fig. 19 Culler Facer Canceller Technology Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 20 Letter Sorter Technology Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 21 Flat Sorter Technology Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 22 Mixed mail sorter technology market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 23 Parcel Sorter Technology Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Others Technology Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 25 US Postal Automation Systems Market, by Type: Key Takeaways
- Fig. 26 US Postal Automation Systems Market, by Type: Market Share, 2022 & 2030
- Fig. 27 Hardware Type Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 28 Software Type Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 29 Services Type Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 30 US Postal Automation Systems Market, by Application: Key Takeaways
- Fig. 31 US Postal Automation Systems Market, by Application: Market Share, 2022 & 2030
- Fig. 32 Commercial Postal Application Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 33 Government Postal Application Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 34 Key Company Categorization
- Fig. 35 Company Market Share Analysis, 2022
- Fig. 36 Strategic framework
