Smart Parcel Locker Market Set to Reach US$ 2,560.03 Million, Expanding at a 12.4% From 2024 to 2032

𝐓𝐡𝐞 𝐬𝐦𝐚𝐫𝐭 𝐩𝐚𝐫𝐜𝐞𝐥 𝐥𝐨𝐜𝐤𝐞𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 898.35 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 2023. 𝐓𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐭𝐨 𝐔𝐒𝐃 2,560.03 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 2032, 𝐞𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐧𝐠 𝐚 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 12.4% 𝐟𝐫𝐨𝐦 2024 𝐭𝐨 2032.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧:
A smart parcel locker is an electronic locker system used for activities such as collecting and distributing packages. The smart parcel locker system consists of a set of lockers used for both users picking up and dropping off items. These lockers are installed in homes and offices for users to access their belongings at any time. Individuals can securely check their stocks and assets from anywhere, whether it be close by or far away, by receiving automatic updates on package information. It helps retailers reduce final delivery costs and improve store inventory management.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/smart-parcel-locker-market/request-for-sample

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:
• The growth of e-commerce and the rise in utilizing online platforms for shopping has caused an increased need for lockers to manage deliveries efficiently.

• Leading to growth opportunities for the market, major corporations are increasing investments in research and development for the creation of new smart parcel lockers with built-in smart refrigerators and temperature control.

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
The market is marked by fierce competition, and the leading companies rely on innovative technology, superior goods, and a strong brand identity to boost sales. Here is the list of the leading companies operating in the smart parcel locker market:
• Focus Action Sdn Bhd
• Hollman Inc.
• KEBA Group AG
• Kern Limited
• Locker & Lock Pte Ltd.
• LUXER Corporation
• Package Nexus
• ParcelPort Solutions Inc.
• Patterson Pope
• Pitney Bowes Inc.
• Quadient SA
• Ricoh Group
• Shenzhen Zhilai Sci and Tech Co.
• TZ Limited

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
https://www.polarismarketresearch.com/buy/3513/2

𝐒𝐦𝐚𝐫𝐭 𝐏𝐚𝐫𝐜𝐞𝐥 𝐋𝐨𝐜𝐤𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:
• The hardware segment led the market with a substantial share on account of its flexibility, ease of use, and ability to be customized in any setting or size

• Modular parcel lockers segment accounted for a notable share due to its adoption as a cost-effective and fixed locker for handling parcels

• Commercial buildings segment will grow fastest, attributable to the growing rate of urbanization and implementation of smart lockers at building premises

• North America dominated the global market, owing to the region's wider presence of online shoppers and awareness about the benefits of such lockers

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/smart-parcel-locker-market

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
The smart parcel locker market is mainly based on components, type, application, and region. Based on the component analysis, in 2023, the hardware segment captured a large market share. Segment's growth is driven by several benefits, such as enhanced convenience in terms of receiving or collecting packages, easy access, better efficiency, and lowered costs.

Moreover, according to the type analysis, in 2023, the modular parcel lockers segment held the largest market share. The reason for their growing popularity in warehouses is that they operate like stationary lockers and improve the efficiency of using parcel lockers.
• 𝐁𝐲 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭
o Hardware
o Software

• 𝐁𝐲 𝐓𝐲𝐩𝐞
o Modular Parcel Lockers
o Cooling Lockers for Fresh Food
o Postal Lockers
o Laundry Lockers
o Others

• 𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
o Commercial Buildings
o Condos and Apartments
o Retail BOPIS
o Universities and Colleges
o Others

𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:
• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
𝐄𝐌𝐂 𝐒𝐡𝐢𝐞𝐥𝐝𝐢𝐧𝐠 𝐚𝐧𝐝 𝐓𝐞𝐬𝐭 𝐄𝐪𝐮𝐢𝐩𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭:
https://www.polarismarketresearch.com/industry-analysis/emc-shielding-and-test-equipment-market

𝐅𝐚𝐮𝐥𝐭 𝐃𝐞𝐭𝐞𝐜𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐂𝐥𝐚𝐬𝐬𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭:
https://www.polarismarketresearch.com/industry-analysis/fault-detection-and-classification-market

𝐔𝐥𝐭𝐫𝐚𝐬𝐨𝐧𝐢𝐜 𝐀𝐢𝐫 𝐁𝐮𝐛𝐛𝐥𝐞 𝐃𝐞𝐭𝐞𝐜𝐭𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭:
https://www.polarismarketresearch.com/industry-analysis/ultrasonic-air-bubble-detectors-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭𝐥𝐞𝐬𝐬 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭:
https://www.polarismarketresearch.com/industry-analysis/contactless-connector-market

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