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Stock impact report

Postal Automation Systems Market Size to Surpass US$ 1.38 Billion by 2032, Owing to Rising E-commerce Demands | Research by S&S Insider [Yahoo! Finance]

Northrop Grumman Corporation (NOC) 
Last northrop grumman corporation earnings: 4/29 06:39 am Check Earnings Report
US:NYSE Investor Relations: investor.northropgrumman.com
Company Research Source: Yahoo! Finance
Pune, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Postal Automation Systems Market Size & Growth Analysis: “According to SNS Insider Research, The Postal Automation Systems Market size was USD 0.76 billion in 2023 and is expected to reach USD 1.38 billion by 2032, growing at a CAGR of 6.9% over the forecast period of 2024-2032.” Surging E-commerce Fuels Growth in Postal Automation Systems: Innovations Transforming Efficiency and Delivery The Postal Automation Systems Market has seen notable growth because of the growing need for effectiveness in postal tasks and the increasing number of packages due to the fast growth of online shopping. This field consists of using high-tech tools to improve sorting, tracking, and delivery operations. Technological advancements such as AI, machine learning, and IoT have hastened market growth even more. Automated sorting systems can handle up to 40,000 parcels per hour, significantly improving efficiency when compared to traditional methods. Research de Show less Read more
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