The global automated parcel delivery terminals market was valued US$ 625.4 Mn in 2020 and is expected register double-digit growth during the forecast period from 2021 to 2029. Proliferation of e-commerce, consequent rise in volumes of parcel shipping, and need for last mile deliveries to customers are the major factors driving demand for automated parcel delivery terminals worldwide. In addition, technology advancements and growing awareness regarding the benefits offered by automated parcel delivery terminals among shippers and logistics companies bode well for the market growth. These factors are collectively expected to contribute towards 11.5% CAGR during the forecast period from 2021 to 2029. On the contrary, vulnerability of these units to burglary coupled with amount of space requisite for set up of these terminals is inhibiting rapid adoption of such automated terminals.
"Europe Dominates; Asia Pacific Poised to Register Superior Growth during the Forecast Period"
In 2020, the value contribution from Europe was highest to the global automated parcel delivery terminals market. The value contribution from Europe stood at over 35% in the global automated parcel delivery terminals market. Germany, the U.K., and France remain the engine of growth in the region with relatively greater technology adoption and parcel shipments. Growing awareness among logistics & transportation companies regarding the need to limit carbon footprint is the major factor driving the growth of the automated parcel delivery terminals market in Europe. On the other hand, Asia Pacific is presumed to experience increasing installations of automated parcel delivery units during the forecast period. The anticipated growth will be driven by proliferation of e-commerce and governments push to develop conventional logistic ecosystem in the region.
Key Players:
Some of the leading manufacturers profiled in the research study include Cleveron Ltd., Smartbox Ecommerce Solutions Pvt. Ltd., Neopost Group, InPost S.A., LL OPTIC (Loginpost), Winnsen Industry Co., Ltd., ENGY, ByBox Holdings Ltd., and KEBA AG among others.
Historical & Forecast Period
This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2019 to 2029, considering 2020 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2021 to 2029.
Key segments covered in the report are as follows:
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2020-2027 |
| Base Year | 2021 |
| Forecast Period | 2019-2027 |
| Historical Year | 2020 |
| Unit | USD Million |
| Segmentation |
Deployment Site Segment (2019–2029; US$ Mn) |
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Ownership Segment (2019–2029; US$ Mn) |
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Geography Segment (2019–2029; US$ Mn) |
