SAN FRANCISCO, November 22, 2017 /PRNewswire/ --
The global automated parcel delivery
terminals market is expected to reach USD 1.06 billion by 2025, according to a new
study by Grand View Research, Inc. The market is expected to
witness significant growth, owing to the rapidly increasing volumes
of parcel shipping. Such a considerable increase in volume is
primarily driven by the growth in e-commerce market and
cross-border deliveries globally. In addition, the increasing
demand for alternative delivery solutions is also fueling the
market growth.
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Automated parcel delivery terminals are increasingly becoming
the preferred alternative delivery solution as it helps in reducing
the cost incurred in the logistics chain. In addition, it helps in
increasing efficiency in deliveries and generating new market
opportunities. These terminals find a high adoption across the
globe as they offer great convenience to both the customer and
seller. The terminals allow the customer to collect their packages
at any time of the day as per their convenience. They also help
sellers and logistics providers to avoid losses incurred due to
last mile delivery failures or re-attempt deliveries. Moreover, the
terminals are equipped with POS devices that facilitate cash on
delivery through cards, thus allowing cashless and easy payments
for parcels.
The increasing penetration of internet, smartphones, and
Internet of Things (IoT) is further responsible for driving the
demand for intelligent parcel lockers or delivery terminals. The
smartphones provide great ease in verifying, tracking, and
streamlining the transactions.
Browse full research report with TOC on
"Automated Parcel Delivery Terminals Market Analysis By
Deployment Location (Indoor, Outdoor), By End Use (Government,
Retail, Shipping & Logistics), By Region, And Segment
Forecasts, 2014 - 2025" at:
http://www.grandviewresearch.com/industry-analysis/automated-parcel-delivery-terminals-market
Further Key Findings From the Report Suggest:
- Indoor deployment location emerged as the dominant segment in
2016 due to factors such as low threats of vandalism and burglary.
Moreover, parcels are easier to maintain in indoor locations as
they can be recovered even in adverse weather conditions.
- Retail is anticipated to emerge as the fastest-growing end-use
segment owing to advantages such as ease in handling parcel
deliveries offered by automated parcel delivery terminals.
- Europe accounted for a
significant market share and was valued at USD 248.0 million in 2016. However, the North
American region is predicted to grow at the highest CAGR of 17.6%
from 2017 to 2025, owing to the increased internet and smartphone
penetration.
- Key industry participants in the market include Bell and
Howell, LLC, InPost Ltd., Winnsen Industry Co., Ltd., Cleveron AS,
KEBA AG, Smartbox Ecommerce
Solutions Pvt. Ltd., Neopost Group, TZ Ltd., ByBox Holdings Ltd.,
and ENGY Company, among others.
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Grand View Research has segmented the global automated parcel
delivery terminals market based on deployment locations, end uses,
and regions:
- Automated Parcel Delivery Terminals Deployment Location
Outlook (Revenue, USD Million; 2014 - 2025)
- Automated Parcel Delivery Terminals End-use Outlook
(Revenue, USD Million; 2014 - 2025)
- Government
- Retail
- Shipping & Logistics
- Others
- Automated Parcel Delivery Terminals Regional Outlook
(Revenue, USD Million; 2014 - 2025)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Read Our Blog By Grand View Research:
http://www.grandviewresearch.com/blogs/technology
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company
provides syndicated research reports, customized research reports,
and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant
and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: http://www.grandviewresearch.com
SOURCE Grand View Research, Inc.