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Automated Parcel Delivery Terminals Market Competitive Analysis | Top Players Such as - OPTIC (Loginpost), Cleveron and Keba AG
Surge in the adoption of MVNO in the developed and the developing regions, owing to the technological innovations in service offerings, rise in adoption for cloud-based solutions, and increase in application areas for Internet of Things (IoT) & Long-Term Evolution (LTE) among telecom industry.
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Global automated parcel delivery terminals market size is projected to reach USD 803 million by 2022, growing at a CAGR of 14.2% from 2016 to 2022.
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. In 2015, the indoor terminal segment accounted for the maximum revenue share among the deployment types of market. Further, the various end users included are retail, shipping & logistics, government organizations, and others (educational institutions, large enterprises). The retail sector dominated the global market in 2015 owing to the massive growth in the e-retail sector.
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In 2015, the indoor terminal segment accounted for the maximum revenue share among the deployment types of automated parcel delivery terminals market. This is due to the increasing susceptibility of burglary in outdoor terminals and the convenience associated with the operability of indoor terminals. In addition, indoor terminals are also expected to witness the fastest growth over the forecast period.
The retail sector dominated the global automated parcel delivery terminals market in 2015 owing to the massive growth in the e-retail sector. Furthermore, automated parcel delivery terminals enable the retailers to implement a cheaper, effective, and faster delivery model as compared to the conventional one.
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Geographically, the global automated parcel delivery terminals market is segmented into North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA) including country-level analysis for each region. The European region dominates the global market. Europe has witnessed the highest adoption of these terminals, followed by Asia-Pacific, North America, and LAMEA. Growth in emerging economies such as China and India are highly opportunistic for the market.
The key players profiled in the report include 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. In addition, many market players including Smartbox Ecommerce Solutions Pvt. Ltd., ByBox Holdings Ltd., Neopost group, and others have adopted innovative techniques to provide advanced and pioneering offerings.
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Covid-19 Impacts on Automated Parcel Delivery Terminals Market-
● Several automated parcel delivery terminal manufacturers across the globe have halted their production activities due to disrupted supply chain amid lockdown due to Covid-19 pandemic.
● The growth of automated parcel delivery terminal market is expected to decline during the Covid-19 pandemic due to restriction on cross border mobility among the states amid lockdown owing to which the parcels are not likely to be delivered to their recipients.
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