Letter Sorters

Letter Sorters

Global Letter Sorters Market to Reach $285.7 Million by 2030
In the changed post COVID-19 business landscape, the global market for Letter Sorters estimated at US$146.5 Million in the year 2022, is projected to reach a revised size of US$285.7 Million by 2030, growing at aCAGR of 8.7% over the period 2022-2030. Government Postal, one of the segments analyzed in the report, is projected to record 8.6% CAGR and reach US$156.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Courier, Express & Parcel segment is readjusted to a revised 8.9% CAGR for the next 8-year period.

The U.S. Market is Estimated at $39.9 Million, While China is Forecast to Grow at 13.4% CAGR
The Letter Sorters market in the U.S. is estimated at US$39.9 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$67.3 Million by the year 2030 trailing a CAGR of 13.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 7.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR.

Select Competitors (Total 33 Featured) -

• Bastian Solutions
• BÖWE SYSTEC GmbH
• Dematic
• EuroSort Systems BV
• Falcon Autotech Private Limited
• Fluence Automation
• GBI Intralogistics
• Honeywell International Inc
• ID Mail Systems
• NEC Corporation

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