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Automated Parcel Delivery Terminals Market Trends

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

Automated Parcel Delivery Terminals Market Trends

The integration of advanced technologies such as artificial intelligence (AI), the Internet of Things (IoT), and machine learning is transforming the capabilities of automated parcel delivery terminals. These technologies enable real-time monitoring and management of the terminal network, predictive maintenance, and enhanced security features such as facial recognition and biometric authentication. AI-driven analytics can optimize the allocation and utilization of lockers, ensuring efficient handling of fluctuating parcel volumes. IoT connectivity allows for seamless communication between terminals and central management systems, providing real-time updates and enhancing the overall customer experience.
 

In August 2023, InPost expanded its partnership with Vinted by launching the InPost Shop, a new parcel pick-up service in the UK. This service provides Vinted's over eight million UK members with additional collection options at participating stores, complementing their existing 5,000 locker networks. The move addresses the high demand for out-of-home (OOH) delivery solutions. The new service enhances convenience and supports its goal to become the UK’s largest OOH provider.
 

Moreover, with the rising urbanization, smart city initiatives are increasingly incorporating automated parcel delivery terminals as part of their infrastructure. These terminals support the efficient and sustainable delivery of goods in dense urban environments by reducing traffic congestion and pollution associated with traditional delivery methods. They are often integrated into multi-modal transportation hubs, residential complexes, and commercial centers, making them an integral component of smart urban logistics.

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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