Overview and Scope
An automated parcel delivery terminal is a physical infrastructure equipped with lockers or compartments that enables automated receipt, storage, and retrieval of packages, providing a convenient and secure solution for parcel pickup and drop-off. It provides solution for both senders and recipients, enabling efficient parcel management, reducing delivery-related stress, and offering flexibility in pickup and drop-off times.
Sizing and Forecast
The automated parcel delivery terminals market size has grown rapidly in recent years. It will grow from $0.69 billion in 2023 to $0.77 billion in 2024 at a compound annual growth rate (CAGR) of 11.4%. The growth in the historic period can be attributed to rising internet penetration, digitization and the encouragement of cashless payments, contributes to increasing delivery efficiency, demand for contactless delivery solutions.
The automated parcel delivery terminals market size is expected to see rapid growth in the next few years. It will grow to $1.21 billion in 2028 at a compound annual growth rate (CAGR) of 11.8%. The growth in the forecast period can be attributed to growth of e-commerce businesses, increase in the use of automated parcel delivery systems, adoption of hardware-as-a-service, rise in consumer awareness of the spread of diseases, growing consumer interest in online shopping. Major trends in the forecast period include AI-integrated delivery systems, investing in innovative technologies, advanced tracking and monitoring systems, rise in the flow of data in the logistics industry, adoption of digital logistics services.
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Segmentation & Regional Insights
The automated parcel delivery terminals market covered in this report is segmented –
1) By Deployment Type: Indoor Terminal, Outdoor Terminal
2) By Business: B2B (Business-To-Business), B2C (Business-To-Consumer)
3) By End User: Government, Retail, Shipping And Logistics Companies, Other End Users
Europe was the largest region in the automated parcel delivery terminals market in 2023. The regions covered in the automated parcel delivery terminals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing e-commerce sales are expected to propel the growth of the automated parcel delivery terminal market going forward. E-commerce sales are commercial transactions conducted electronically over the Internet. E-commerce sales are rising due to increased internet penetration, the convenience of online shopping, the availability of a wide range of products, and evolving consumer preferences towards digital transactions. E-commerce uses automated parcel delivery terminals to streamline last-mile logistics, offering customers convenient pickup and drop-off options while optimizing delivery efficiency and reducing operational costs. For instance, in 2023, according to the United States Census Bureau, a US-based government agency responsible for producing data about the American people and economy, e-commerce sales are expected to reach $1,118.7 billion in 2023, up 7.6% (±1.2%) from 2022. The retail sales in 2023 climbed by 2.1% (±0.4%) from 2022. Therefore, increasing e-commerce sales are driving the growth of the automated parcel delivery terminals market.
Key Industry Players
Major companies operating in the automated parcel delivery terminals market are Schneider Electric SE, Toshiba Corporation, NEC Corporation, Leonardo S.p.A., Murata Machinery Ltd., Daifuku Co. Ltd., Dematic Corporation, YASKAWA Electric Corporation, Pitney Bowes Inc., Vanderlande Industries B.V., Körber AG, Fives Group, InPost S.A., BEUMER Group GmbH & Co. KG, Quadient, OPEX Corporation, Bastian Solutions LLC, Bell and Howell LLC, Solystic SAS, Cleveron Ltd., National Presort LP, Smartbox Ecommerce Solutions Pvt. Ltd., Winnsen Industry Co. Ltd., TZ Limited, Loginpost, ENGY Company
The automated parcel delivery terminals market report table of contents includes:ss
- Executive Summary
- Automated Parcel Delivery Terminals Market Characteristics
- Automated Parcel Delivery Terminals Market Trends And Strategies
- Automated Parcel Delivery Terminals Market – Macro Economic Scenario
- Global Automated Parcel Delivery Terminals Market Size and Growth
- Automated Parcel Delivery Terminals Market Segmentation
- Automated Parcel Delivery Terminals Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Automated Parcel Delivery Terminals Market
- Automated Parcel Delivery Terminals Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Automated Parcel Delivery Terminals Market, Segmentation By Deployment Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Automated Parcel Delivery Terminals Market, Segmentation By Business, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Automated Parcel Delivery Terminals Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Schneider Electric SE Financial Performance
Table 75: Toshiba Corporation Financial Performance
Table 76: NEC Corporation Financial Performance
Table 77: Leonardo S.p.A. Financial Performance
Table 78: Murata Machinery Ltd. Financial Performance
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