DUBLIN--(BUSINESS WIRE)--The "Automated Parcel Delivery Terminals Market to 2025 - Global Analysis and Forecasts by Deployment (Indoor and Outdoor), and Service Providers (Retailers/E-Commerce, Shipping/ Logistics, Government, Others)" report has been added to ResearchAndMarkets.com's offering.
Automated Parcel Delivery Terminals market is expected to grow US$ 1973.4 million by 2025 from US$ 799.0 million in 2017.
The competitive dynamics in the automated parcel delivery terminals market is anticipated to change during the coming years with entry of new players. Majority of the companies are located in the European region as well as in the U.S.
However, new players are emerging in the developing countries particularly in Asia Pacific. High penetration of the market is noticed in developed countries however, developing economies are now witnessing an increase in the installation of these terminals. Germany, U.S., and China hold more than half of the global market share, Germany being on the first position.
Key Market Drivers
- Growing Online Retailing and E-Commerce Market
- Overcoming Last Mile' of the Delivery Challenge
Key Market Restraints
- Unfit for Bulky and Large Size Parcels
Key Market Opportunities
- Urbanization and Digitization
- Collaboration of E-commerce Companies with Logistics Firms
- Autonomous Ground Vehicles integration with Parcel Delivery Terminals
Indoor automated parcel delivery terminals are the most preferred terminals as they offer better safety of products from theft as well as extreme climatic conditions. On the basis of end-user, the e-commerce/retails segment is dominating all across the globe.
This growth is attributed to the constantly growing e-commerce market worldwide and the changing preference of people towards online shopping. However, majority of these terminals are unfit for delivery of bulky parcel, which may restrict the growth of the market.
- Bell and Howell, LLC
- Cleveron AS
- Engy Group
- ByBox Holdings Ltd.
- InPost S.A.
- KEBA AG
- Neopost Group
- Smartbox Ecommerce Solutions Pvt. Ltd.
- TZ Ltd.
- Winnsen Industry Co., Ltd. among others.
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