Global Automated Parcel Delivery Terminals Market: Snapshot
The competitive dynamics in the global market for automated parcel delivery terminals is slated to change in the near future with new players upping the ante against the existing handful of well-entrenched ones. Currently, the latter, which are mostly centered in Europe, dominate the overall market.
The market for automated parcel delivery terminals, which have been around for quite a while now in the parcel delivery business, has massive potential for growth on account of large number of underserved markets across the globe. Other factors providing tailwinds to their market are the booming ecommerce industry and rising cross-border delivery.
Posing a roadblock to the global market for automated parcel delivery terminals, on the other hand, is their susceptibility to burglary. The considerable amount of space required for their set up is also hobbling their rapid take-up.
A report by Transparency Market Research forecasts the global market for automated parcel delivery terminals to expand at a healthy 12.3% CAGR from 2017 to 2025. Expanding at this rate, the market is expected to be worth US$1.039 bn by 2025 from US$335.0 bn in 2015.
Vis-à-vis volume, the report predicts the global market for automated parcel delivery terminals to expand at a robust 11.6% CAGR from 2017 to 2025 to reach 51,792 units by 2025 from 17,719 units in 2015.
Cost Benefits Pushes up Demand for Indoor Terminals
The global market for automated parcel delivery terminals can be broadly bifurcated into indoor terminals and outdoor terminals, based upon the type of deployment. Among the two, the indoor terminals holds a greater share as they cost comparatively lesser than outdoor terminals to install and operate. They also bring about easy recovery of parcels in difficult weather and offer better protection against burglary and vandalism. This has also resulted in their higher popularity.
Depending upon ownership, the global market for automated parcel delivery terminals can be further divided into retailers, shipping and logistics companies, government organizations such as postal departments, and institutions such as universities. Among these, the shipping and logistics segment is predicted to outpace all others in terms of growth rate on the back of growing parcel volumes brought about by an exploding ecommerce industry.
Presence of Prominent Participants Makes Europe a Key Market
From a geographical standpoint, Europe dominates the global market for automated parcel delivery terminals at present. Its dominant position has resulted from the early adoption of automated parcel terminals by logistics companies, retailers, and various government organizations. Besides, presence of key players in the region has also worked in favor of the market. As per the TMR report, Europe held a share of about 68.1% in 2016.
Europe is trailed by Asia Pacific in the global market for automated parcel delivery terminals. This is primarily owing to the considerable progress in the ecosystem for logistics in the developing economies of India and China. Similarly, development of logistics ecosystems in South Africa and Brazil are also catalyzing growth in the market in the Middle East and Africa and South America. Countries of Canada, the U.S., and the UAE are also predicted to contribute significantly to the global automated parcel delivery terminals market in the upcoming years.
Some of the major participants in the global market for automated parcel delivery are InPost, Cleveron Ltd., KEBA AG, Smartbox Ecommerce Solutions Pvt. Ltd., Bell and Howell, LLC., Neopost group, ByBox Holdings Ltd., Winnsen Industry Co., Ltd., TZ Ltd., and ENGY Company.
Global Automated Parcel Delivery Terminals Market: Overview
Automated parcel delivery terminals are the state-of-the-art delivery solutions, developed to simplify modern-day logistic operation. These are the standalone units, which are deployed in populous areas such as walkways, shopping malls, grocery outlets and railway stations. These terminals allow recipient to receive and return parcel as per their convenience 24/7. Further, trending cross-border delivery and e-commerce markets are significantly resulting the growth in growth of this market.
Global Automated Parcel Delivery Terminals Market: Segmentation and Drivers and Restraints
This research report on the automated parcel delivery terminals market provides detailed analysis of the parcel terminals/units and helps understanding the driving forces behind the popularity of automated parcel delivery terminals in the market. It also provides analysis of major sub-segments of the global automated parcel delivery terminals market for the next eight years. This report includes extensive analysis of industry drivers, restraints, market trends, and market structure. The market study provides comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report has segregated the market based on deployment type, ownership, and geography.
Other important points covered in the research study include:
- Definitions, estimates, volume units and forecast of the automated parcel delivery terminals market for the period from 2017 to 2025
- Analysis of the global market and respective sub-segments
- Recent developments of major players and strategies followed by them
- Profiles of major market participants to help better understand their contribution in the market
Global Automated Parcel Delivery Terminals Market: Competitive Dynamics
The research report provides a comprehensive assessment of stakeholder strategies, and the imperatives for succeeding in automated parcel delivery terminals market. The report includes competitive analysis of various market segments based on deployment type and ownership for automated parcel delivery terminals, and in-depth cross-sectional analysis across different geographical segments of the automated parcel delivery terminals market. In order to aid in strategic decision-making, the report also includes the winning strategies adopted by key players. The report segregates the automated parcel delivery terminals market based on different geographies into North America, Europe, Asia Pacific, Middle-east and Africa and South America.
For detailed understanding of the automated parcel delivery terminals market, all these segments have also been estimated in terms of revenue (US$ Mn) and volume (# units) for the geographies mentioned above. The market research study analyzes the automated parcel delivery terminals market worldwide, and provides historical revenue estimates in terms of US$ Mn for the years 2015 and 2014, along with the market forecast for the period 2016 to 2024. Market forecasts have been analyzed considering the impact of various economic, political, social, legal, operational and technological factors influencing market growth.
The automated parcel delivery terminals market is segmented as follows:
Automated Parcel Delivery Terminals Market, by Deployment Type
- Indoor Terminals
- Outdoor Terminals
Automated Parcel Delivery Terminals Market, by Ownership
- Shipping/Logistic Companies
- Government Organization
Automated Parcel Delivery Terminals Market, by Region
- North America
- Asia Pacific
- Middle East and Africa
- South America