Smart Parcel Delivery Locker Market Report (COVID-19 Analysis) by Worldwide Market Trends & Opportunities and Forecast to 2028

According to our latest market study on "Smart Parcel Delivery Locker Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type, Component, and Application," the market is expected to grow from US$ 677.6 million in 2021 to US$ 1,644.1 million by 2028; and is estimated to grow at a CAGR of 13.5% from 2021 to 2028.

The growing consumer demand for faster and flexible shipments enables the market players to improve their services and develop autonomous technology-equipped parcel storage systems as an effective and long-term solution to last-mile delivery challenges. Investments in new technologies enabling greater efficiency are anticipated to provide lucrative growth opportunities to the market vendors. Automated smart parcel locker solutions provide functionalities that enhance and amplify logistics companies' mail and package deliveries. Autonomous technology for the storage and management of parcels offers secure, efficient, accountable, convenient package delivery and auditable asset storage with the access to track deliveries remotely. Prominent players in the smart parcel delivery locker market are focusing on building, managing, and maintaining an efficient automated smart locker network to achieve business expansion. For instance, Smartbox is a pioneer in bringing smart locker technology to the Indian market. Its cloud-based parcel locker technology gives a real-time view of available lockers with complete control and security. Increased partnerships and collaborations among the industry participants are anticipated to propel market growth. For instance, in March 2021, Quick Collect Solutions-the provider of automated pickup solutions-announced a partnership with smart locker company "Florence Corporation" to improve its current product portfolio and offerings. The rising adoption of internet of things (IoT) based smart parcel lockers in regions such as Asia Pacific, owing to the rise in demand from retailers, e-commerce companies, logistics companies, and consumers, is anticipated to boost the market growth.

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The List of companies - Smart Parcel Delivery

Locker Market
Smartbox
Cleveron
DeBourgh
KEBA
Kern Ltd
Package Nexus
Patterson Pope
RENOME SMART
Snaile Inc.
TZ Limited

The latest research report on the "Smart Parcel Delivery Locker Market - Industry Analysis, Market Size, Opportunities and Forecast, 2022 - 2028" provides a comprehensive assessment of the Smart Parcel Delivery Locker market for the forecast period from 2022 to 2028. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Smart Parcel Delivery Locker market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Smart Parcel Delivery Locker Market in order to help decision makers with various strategic insights and future outlook. The Smart Parcel Delivery Locker market is expected to witness continued growth during the forecast period from 2022 to 2028.

This is a professional and in-depth study on the current state of the Smart Parcel Delivery Locker Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Smart Parcel Delivery Locker Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

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Note - The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on 'Smart Parcel Delivery Locker Market' provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

The report segments the global Smart Parcel Delivery Locker Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Smart Parcel Delivery Locker Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

The report focuses on global major leading Smart Parcel Delivery Locker Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

Based on type, the smart parcel delivery locker market is categorized into standard smart locker and temperature controlled smart locker. The standard smart locker segment was valued at US$ 438.66 million in 2020. Based on component, the smart parcel delivery locker market is bifurcated into hardware and software. Similarly, based on application, the smart parcel delivery locker market is segmented into retail, residential, university, office, and other.

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Reasons to Buy
• Highlights key business priorities to assist companies realign their business strategies.
• Features key findings and crucial progressive industry trends in the global Smart Parcel Delivery Locker market, thereby allowing players to develop effective long-term strategies.
• Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
• Scrutinizes in-depth market trends as well as key market drivers and restraints.
• Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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