Automated Parcel Delivery Terminal Market is Projected to Grow at a CAGR of 10.8% Over the Forecast Period, to Reach a Value of US$2.5 Billion by 2034 | Exclusive report from Transparency Market Research, Inc.

Wilmington, Delaware, United States, Transparency Market Research Inc. -, October 1, 2024 (GLOBE NEWSWIRE) — The world Market for automated package delivery terminals. (Automated Delivery Terminal Market) was valued at US$800.0 million in 2023. A 10.8% CAGR It is expected to achieve this between 2024 and 2034, which will result in a market value of 2.5 billion dollars for the year 2034.

The expansion of automated package delivery terminal is expected as a result of the use of hardware as a service and the transition from B2B to B2C operations. This is because it offers an affordable means to start operations at parcel terminals.

Companies are incorporating IoT-based services, as well as proactive maintenance, facial recognition and remote monitoring to provide customers with individualized service. Automated package delivery terminals are expected to continue expanding their market share in the near future.

A new generation of drones that deliver goods on time over challenging terrain is expected to facilitate the entry of automated package delivery terminals and provide creative and effective delivery methods.

State-of-the-art smart package lockers, smartphone apps to manage deliveries, and delivery robots that offer fast and affordable delivery options are contributing to technological advances in automated package delivery.

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Key Findings of the Market Report

• Depending on the type of implementation, indoor terminals will create a market in the near future.
• In terms of ownership, the automated package delivery terminal market will be driven by transportation and logistics companies.
• Last-mile package delivery and advances in technology are expected to create a market for automated package delivery terminals.
• The rise of e-commerce companies in Europe is likely to boost the market for automated package delivery terminals.

Global Automated Package Delivery Terminal Market: Growth Drivers

• The global increase in e-commerce activity primarily drives the APDT market. The growing popularity of online shopping has increased the need for convenient and effective last-mile delivery services, such as those provided by APDTs.
• Logistics organizations can incur significant expenses when using traditional package delivery techniques, particularly for last mile delivery. By optimizing routes and reducing delivery attempts, APDTs offer a more affordable option.
• Customers are looking for package delivery services that are more convenient. With APDTs' self-service option for package pickup, customers can pick up their packages whenever they want, reducing long waiting periods and missed deliveries.
• Environmental concerns are leading to more environmentally friendly delivery methods. By simplifying delivery routes and reducing the number of cars needed for package distribution, APDTs can help reduce carbon emissions. Innovation in the APDT market is driven by technological advancements such as machine learning, artificial intelligence (AI), and the Internet of Things (IoT).
• These technologies improve the efficiency and security of package delivery, which also enable features such as secure authentication, real-time tracking, and predictive analytics.

Global Automated Package Delivery Terminal Market: Regional Outlook

• The development of digital payment methods, increasing Internet penetration and widespread use of smartphones have given rise to a large and rapidly growing e-commerce industry in Europe. This trend fuels the need for effective last-mile delivery options like APDTs. Many cities in Europe have well-established public transport systems.
• To maximize convenience, APDTs are often located very close to public transportation hubs. This makes it easier for customers to pick up their packages during their trip.
• Several strict laws govern environmental sustainability and consumer protection in the European Union (EU). To meet these criteria, APDTs provide secure package storage to customers and expedite delivery routes to reduce carbon emissions.
• The EU single market facilitates cross-border trade between its member states. APDTs are essential to enable cross-border e-commerce because they offer a standardized and convenient way to send packages between EU member states.
• Environmental sustainability is becoming an increasingly pressing concern for European businesses and consumers. By encouraging the use of renewable energy sources for operation, reducing vehicle emissions and optimizing delivery routes, APDTs support green activities.

Global Automated Package Delivery Terminals Market: Competitive Landscape

Major players in the automated package delivery terminal market offer smart locker solutions, which can be used by consumers, retailers, carriers, commercial customers, and universities alike.

• Quadrant
• Winnsen Industry Co. Ltd.
• Bell and Howell LLC
• TZ LIMITED
• BE CAREFUL
• ByBox Holdings Limited
• Cleveron
• Smartbox eCommerce Solutions Private Ltd.
• EnPost sp.
• ENGY company

Key developments

• In January 2022, Bell and Howell, a leading provider of BH QuickCollect Solutions, introduced one of the most advanced grocery technologies at a ShopRite grocery store located in New Rochelle, New York. Provides ShopRite associates with a fast, efficient and convenient method to store, refrigerate and deliver products, regardless of whether they are room temperature, refrigerated or frozen.
• In March 2024, Quadriente QDTalong with Stonegate Group, became a host partner for Quadient Open Locker Network's Parcel Pending. A total of 400 locker units will be installed across Stonegate's 1,200 managed properties as part of Quadient's carrier-independent package locker program.

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Global Automated Package Delivery Terminal Market: Segmentation

By implementation type

• Interior terminals
• Exterior terminals

By property

• Retailers
• Shipping/logistics companies
• Government organizations
• Others

By region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

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