High adoption of automated parcel delivery terminals as it reduces the cost incurred in the logistic chain and helps in increasing efficiency is driving the market growth. The market is expected to grow over the forecast period on account of increasing parcel shipping on account of e-commerce market and cross-border deliveries. On the other hand, susceptibility to burglary and the need for a large installation space for deployment may hamper the market growth.
The key players in the automated parcel delivery terminals market includes ByBox Holdings Ltd., Cleveron Ltd., ENGY Company, InPost S.A., Keba AG, Neopost group, Smartbox Ecommerce Solutions Pvt. Ltd., TZ Ltd., and Winnsen Industry Co., Ltd.
The broad automated parcel delivery terminal market has been sub-grouped into deployment type, and ownership.
By Deployment Type
- Indoor Terminals
- Outdoor Terminals
By Ownership
- Retailers
- Shipping/Logistic Companies
- Government Organization
- Others
The report comprises of the geographical segmentation which mainly focuses on current and forecast demand for automated parcel delivery terminals in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/automated-parcel-delivery-terminals-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.