Automated Parcel Delivery Terminals Market Growth Prospects, Key Vendors, Future Scenario Forecast By 2027

1. Automated Parcel Delivery Terminals Market Growth Prospects, Key Vendors, Future Scenario Forecast By 2027 Market Overview Automated parcel delivery terminals or also referred to as automated lockers are individual units that are installed in crowded places such as grocery stores, shopping malls, railway stations, walkways, and airports. These terminals are installed to allow parcel recipients to receive or return their 24x7 according to their convenience. Automated parcel delivery terminals have become perfect substitute since it minimizes the additional expenditure in logistics chain. Furthermore, it helps in efficient organization of goods and generating new prospects. These terminals also support logistics providers and sell to reduce losses sustained due to last-minute delivery failures. Moreover, these terminals are installed with point of sale (POS) equipment that facilitates cash on delivery via credit/debit cards, thereby letting cashless and sophisticated payments for parcels. Get HOLISTIC Request Sample Copy Of This Business Report: https://www.coherentmarketinsights.com/insight/request-sample/3530 The global automated parcel delivery market was accounted US$ 509.4Mn in terms of value and 26,365Units in terms of volume in 2019. Market Dynamics- Drivers Growing demand for substitute delivery solutions is expected to drive growth of the global automated parcel delivery terminals market during the forecast period Conventional parcel delivery system offers door-step delivery to its users. This delivery system requires significant human intervention to sort and deliver the parcel on-time. However, these systems fail to meet the user demand on festivals or holidays, especially in meeting up with on-time delivery demand, owing to a substantial increase in parcel volume. On the contrary, automated parcel delivery systems offer customers ease in collection of their parcels. These terminals are commonly located at public places, in order to provide 24x7 access and to collect or send parcels. Moreover, exclusive features such as collecting parcels from any terminal or unit at any time are increasing the adoption of these systems. These alternative solutions have gained significant popularity among e-retailers and logistics companies, which in turn, is expected to drive growth of the global automated parcel delivery terminals market during the forecast period. High growth of the global e-retail market is expected to propel the global automated parcel delivery terminals market growth over the forecast period

2. High penetration of the internet has accelerated growth of e-retail market in the recent past. Growing urban and suburban population has significantly increased delivery volume, which has compelled e-retailer, logistics, and transportation companies to upgrade their existing parcel delivery systems. Online retailing involves a vast range of products, which results in increase in parcel volume and eventually increases the burden on the last-mile delivery providers. Hence, many e-retailers around the world are focused on adopting automated parcel delivery terminals at their establishments. According to the OECD Digital Economic Outlook 2015, in Denmark, Germany and the U.K. more the 80% of internet users make their purchases through online internet shopping. Thus, these factors are expected to boost the market growth in the near future. Europe region dominated the global automated parcel delivery market in 2019, accounting for 64.0% share in terms of volume, followed by Asia Pacific and MEA respectively. Market Opportunities Untapped potential in several markets across the globe can offer major growth opportunities Growing penetration of internet is expected to boost growth of the global e-retail market in the near future. High growth of the market poses major challenges to existing parcel delivery systems, thus necessitating robust upgrades. This, in turn, is expected to increase adoption of automated parcel delivery solutions, in order to mitigate the lengthy and highly important last-mile delivery problem. These factors can provide major growth opportunities in the near future. According to the Internet Society, Global Internet Report 2015, global mobile internet penetration is expected to reach 71% by 2019. Development of a variety of robust delivery terminals for variable parcel sizes to present lucrative growth opportunities Currently, majority of automated parcel delivery terminals available in the market are suited for small or medium-sized parcels (<30Kg). Although these terminals are efficient for small consumer goods, they cannot be used for large size products. With e-retailers increasing their product offerings and selling regular as well as big-sized consumer products such as household electronics and consumer vehicles. Therefore, developing parcel delivery terminals for big-sized products can present lucrative growth opportunities. Growing influence of green ICT Many companies across the globe are installing parcel delivery terminals, owing to increasing green information and communication technology (ICT). This is done in an attempt to make parcel delivery system eco-friendly. Automated parcel delivery terminals have reduced the significant transportation costs required to deliver parcels to recipients’ addresses. Moreover, implementation of green ICT and deployment of automatic parcel delivery terminals in transportation helps reduce road journeys, eliminate unnecessary routes, and reduce energy consumption. This trend is likely to continue during the forecast period.

3. Increasing click and collect orders Apart from e-commerce and logistics domains, automated parcel delivery terminals are now being adopted by retailers and food shops to provide groceries and food customers. For instance, in January 2013, click and collect grocery services were started by Itella (Posti Group Corporation) in cooperation with HOK-Elanto (an S Group supermarket retailer), based in Helsinki, Finland. In this click and collect service customers can order groceries and food from applications such as foodie.fm online and collect from parcel terminals. Key features of the study: •This report provides an in-depth analysis of the global automated parcel delivery terminals market and provides market size (Units and US$ million) and compound annual growth rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year •It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market •This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players •It profiles leading players in the global automated parcel delivery terminals market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans •These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers. •Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics •The global automated parcel delivery terminals market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts •Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global automated parcel delivery terminals market. Detailed Segmentation: Global Automated Parcel Delivery Terminals Market, By Deployment Type: •Indoor Terminals •Outdoor Terminals Global Automated Parcel Delivery Terminals Market, By Ownership: •Retailers •Shipping/Logistics Companies

4. •Government Organization •Others Get HOLISTIC Request Customization Of This Business Report: https://www.coherentmarketinsights.com/insight/request-customization/3530 Competitive Section Key players operating in the global automated parcel delivery terminals market are Winnsen Industry Co., Ltd., LL OPTIC (Loginpost), Keba AG, ENGY Company, Cleveron Ltd., ByBox Holdings Ltd., Neopost group, TZ Ltd., Smartbox Ecommerce Solutions Pvt. Ltd., and InPost S.A. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US +12067016702 / UK +4402081334027 Email: sales@coherentmarketinsights.com Visit Our Blogs: https://blog.coherentmarketinsights.com