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Automated Parcel Delivery Terminals Market Analysis

  • Report ID: GMI10709
  • Published Date: Aug 2024
  • Report Format: PDF

Automated Parcel Delivery Terminals Market Analysis

Based on deployment location, the market is divided into indoor terminals and outdoor terminals. The indoor terminal segment accounted for over 57% of the market share in 2023, due to their enhanced security and safety benefits. Placed within buildings such as shopping malls, residential complexes, offices, or transit hubs, indoor terminals are shielded from the elements and potential vandalism, which significantly reduces the risk of damage or theft.
 

The controlled indoor environment safeguards parcels from environmental factors such as extreme temperatures and moisture, ensuring the contents remain in good condition. Additionally, indoor locations benefit from existing building security measures, including surveillance systems and on-site security personnel, which further enhance the protection of both the terminals and the parcels.
 

Automated Parcel Delivery Terminals Market Share, By End-use, 2023

Based on end-use, the automated parcel delivery terminals market is categorized into government, retail, shipping & logistics, and others. The retail segment accounted for a market share of around 34% in 2023, owing to its significant demand for efficient and convenient parcel handling solutions. Retailers, particularly those involved in e-commerce, face high volumes of parcel deliveries that require streamlined and reliable distribution systems. Automated parcel delivery terminals offer a solution that enhances the efficiency of last-mile delivery by allowing customers to pick up their orders at their convenience, thus addressing the challenge of missed deliveries and reducing the need for costly redelivery attempts.
 

Moreover, these terminals are often strategically placed in retail locations such as shopping malls and storefronts, which are frequented by consumers, making them highly accessible and convenient. Additionally, the integration of automated terminals into retail environments supports the growth of omnichannel retail strategies, where seamless coordination between online and in-store shopping experiences is crucial in the market.
 

APAC Automated Parcel Delivery Terminals Market, 2022 -2032, (USD Million)

Asia Pacific is experiencing growth in the automated parcel delivery terminals market. The region accounted for a market share of over 35% in 2023. The rapid growth of e-commerce in countries such as China, India, and Japan has significantly increased the demand for efficient and scalable parcel delivery solutions. With large and densely populated urban centers, the region faces substantial challenges related to last-mile delivery, making automated parcel delivery terminals an attractive solution to streamline logistics and enhance delivery efficiency.
 

Additionally, the region's strong focus on technological innovation and infrastructure development supports the adoption of advanced automated systems. Governments and private companies are investing in smart city initiatives and infrastructure upgrades, which include the deployment of automated parcel delivery terminals to improve urban logistics and reduce delivery times.
 

Moreover, the U.S. boasts one of the largest and most advanced e-commerce markets globally, driving a high volume of parcel deliveries. The need for efficient, reliable, and scalable delivery solutions in response to this high demand makes automated parcel delivery terminals an appealing option for retailers and logistics providers in the country.
 

Further, the U.S. benefits from advanced technological infrastructure and significant investments in innovation, which supports the deployment and integration of automated parcel delivery terminals. With a strong emphasis on technology and automation, the regional market is well-positioned to adopt and leverage cutting-edge solutions for parcel delivery, including sophisticated automated systems.
 

In Europe automated parcel delivery terminals market is growing, as the region has a well-established e-commerce sector with a high volume of parcel deliveries, driven by a strong consumer preference for online shopping. This growing demand for efficient and reliable delivery solutions have led European retailers and logistics providers to adopt automated parcel delivery terminals to streamline last-mile delivery and enhance customer satisfaction.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automated parcel delivery terminals reached USD 872.3 million in 2023 and is set to register over 11% CAGR between 2024 and 2032, led by the rise in e-commerce.

The indoor terminal segment accounted for over 57% share in 2023, due to their enhanced security and safety benefits.

Asia Pacific market held over 35% share in 2023, attributed to the strong focus on technological innovation and infrastructure development.

Bell and Howell, LLC, ENGY Company, InPost, Keba AG, LockTec, Pitney Bowes, and Quadient.

Automated Parcel Delivery Terminals Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 341
  • Countries covered: 25
  • Pages: 200
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