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Astronishing Growth in Automated Parcel Delivery Terminals Market 2022|key players like Smartbox Ecommerce Solutions Pvt. Ltd., ByBox Holdings Ltd

09-10-2020 08:55 PM CET | IT, New Media & Software

Press release from: Premium Market Insights

Astronishing Growth in Automated Parcel Delivery Terminals

The inconvenience associated with the conventional parcel delivery systems and the amount of human intervention required, necessitated the implementation of alternative delivery systems. Further, the increasing number of parcels and the inability to deliver in severe weather conditions and national holidays created a growth avenue for automated parcel delivery terminals.

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Automated parcel delivery terminals or parcel kiosks/automated lockers are standalone units that are installed in populous places including shopping malls, walkways, grocery outlets, and railway stations. These terminals enable the parcel recipient to receive and/or return their orders 24/7 as per their convenience.

Key Players:

Smartbox Ecommerce Solutions Pvt. Ltd., ByBox Holdings Ltd., Neopost group, Winnsen Industry Co., Ltd., InPost S.A., TZ Ltd., ENGY Company, LL OPTIC (Loginpost), Cleveron Ltd., and Keba AG.

The global automated parcel delivery terminals market is primarily driven by the booming e-commerce business & internet penetration. Further, growth in cross-border deliveries and decline in operating costs largely support the market growth. However, the automated parcel delivery terminals market witnesses hindrance in its overall growth potential from factors such as susceptibility to burglary, emergence of other competitive delivery technologies, and need for a large installation space for deployment. Growth in emerging economies such as China and India is highly opportunistic for the market.

The automated parcel delivery terminals market is segmented on the basis of deployment type, end user, and geography. Indoor and outdoor terminals are the deployment types analyzed in the report. Whereas, the various end users included are retail, shipping & logistics, government organizations, and others (educational institutions, large enterprises).

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The study conducts SWOT analysis to assess the strengths and weaknesses of the key players engaged in the Automated Parcel Delivery Terminals market. Moreover, the report undertakes an elaborate examination of drivers and constraints operating in the market. The report also evaluated the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Automated Parcel Delivery Terminals market segments and regions.

Competitive scenario:

The study assesses factors such as segmentation, description, and applications of Automated Parcel Delivery Terminals industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.

Major highlights of the report:

• An all-inclusive evaluation of the parent market
• The evolution of significant market aspects
• Industry-wide investigation of market segments
• Assessment of the market value and volume in the past, present, and forecast years
• Market share evaluation
• Study of niche industrial sectors
• Tactical approaches of the market leaders
• Lucrative strategies to help companies strengthen their position in the market.

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