Automated Parcel Delivery Terminals Industry Is Expected To Rise At A CAGR Of 10.9% Between 2022 -2032 | FMI

According to industry estimates, the global market for automated parcel delivery terminals will reach US$ 720 million by 2022 and is expected to reach US$ 2 billion by 2032, with a CAGR of 10.9% from 2022 to 2032.

There is an increasing need for faster transportation times in the market’s automated parcel delivery terminals due to the demand for more deliveries and the pressure for faster response times. The market for automated parcel delivery terminals has grown significantly as a result of the rising popularity of online medicine delivery apps and same-day delivery services.

The market’s adoption of automated parcel delivery systems is anticipated to outpace the expansion of e-commerce firms and internet usage. The market has recently grown as a result of global digitization, cashless payment promotion, and the expansion of logistics companies.

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Key Takeaways:

• The market value of automated parcel delivery terminals was US$ 639.9 Mn in 2021 and is projected to reach a value of US$ 720 Million in 2022 with a CAGR of 10.9% during the forecast period.
• Indoor Terminal automated parcel delivery terminals segment to expand at a CAGR of 10.5% during the forecast period.
• In the forecast period, the shipping and logistics firm is expected to grow at a compound annual rate of 11.3%.
• In the U.S., the market is predicted to reach US$ 142.3 Million while growing at a CAGR of 19% during the forecast period.
• Japan is expected to reach a CAGR of 17.5% during the forecast period between 2022 and 2032.

“Innovative APMs are being rapidly expanded as part of the long-term goal by vendors in order to establish a nationwide network of APMs and parcel pick-up sites at partner shops in the future, which will help to expand the market.” 

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Key Segments Covered in the Automated Parcel Delivery Terminals Report

By Deployment Type:

• Indoor Terminal
• Outdoor Terminal

By Ownership:

• Retailers
• Shipping/Logistics Companies
• Government Organization
• Others

By Region:

• North America
• Europe
• Asia Pacific
• The Middle East and Africa
• Latin America

Competitive Landscape

Key Players that have been profiled in the report are Keba AG, Cleveron Ltd., Neopost group, Smartbox Ecommerce Solutions Pvt.Ltd., Winsen Industry Co., Ltd., InPost, TZ Ltd., ByBox Holdings Ltd., ENGY Company and Bell and Howell, LLC. Innovative products and technologies will allow customers to benefit from new technologies.