KEBA AG and Integer SA Group (InPost) were deemed as leaders of the
global automated parcel delivery terminals market in 2015. Owing to
their large network size and rapid growth rate, these two companies
held a share in value of 64.5% in 2015. Meanwhile, TZ Limited and
ByBox Holdings Limited were stated to be the most promising players
at the time.
Obtain Report
Details @
This data is as per a recent publication released by Transparency
Market Research, which also states that the rather consolidated
market is expected to maintain a decent level of competition due to
the need for each company to expand regional presence to maintain a
steady growth rate and preference by companies.
The global market of automated parcel delivery terminals is projected
at a CAGR of 12.0% within a forecast period from 2016 to 2024, in
terms of revenue. This market’s revenue is expected to reach
US$370.1 mn by the end of 2016 and US$918.0 mn by the end of 2024.
Europe Continues
Lead in Demand for Automated Parcel Delivery Terminals
By the end of 2024, Europe is expected to generate a revenue of
US$532.3 mn in automated parcel delivery terminals, showing a clear
preference for and dominance in this market. A large part of this
leading demand is attributed to the large scale adoption of automated
parcel delivery terminals by European transports/logistics companies.
North America is expected to lead the growth rate in demand, with a
projected CAGR of 18.6% from 2016 to 2024. The massive volume of
ecommerce transactions in this region on a daily basis are adding to
the stress of transportation of goods and packages. As a result, both
transport companies as well as consumers are beginning to prefer
automated parcel delivery terminals.
Shipping/logistic companies are expected to be the leading owners of
automated parcel delivery terminals across the world and are
estimated to generate a revenue of US$374.6 mn in this market. This
segment is also expected to be the faster one in terms of growth.
Automated Parcel
Delivery Terminals to Become Better Alternative to Doorstep Delivery
“A key factor working in favor of players in the global automated
parcel delivery terminals market is the problems faced by
conventional delivery systems. Doorstep delivery may be a more
comfortable solution for consumers, but the sheer increase in the
volume of packages is creating a highly complex problem for the
delivery and logistics companies,” states a TMR analyst.
Conventional delivery methods falter when it comes to unfavorable
weather, holidays, and night dispatches. They additionally have to
face the increase in parcel volume for storage and redelivery caused
by missed deliveries. This can be easily mitigated by the use of
automated parcel delivery terminals.
Drones and Other
Delivery Methods Provide Stiff Competition
A key restraint challenging the faster proliferation of automated
parcel delivery terminals is the burgeoning scope of using other
alternative parcel delivery services. Although automated parcel
delivery is a highly convenient option for most companies and
consumers, it is failing to match the rate at which other delivery
services are advancing.
Amazon Prime Air, for example, is a premium air delivery service
initiated by Amazon. It makes use of drones to deliver parcels and
holds the advantage of working 24/7 and through the holidays in the
year. These drone services are expected to increase in preference
over time.
Fill the form for
an exclusive sample of this report @
The analyst adds, “There are still several opportunities yet
untapped by players in the automated parcel delivery terminals
market. One of them is the added burden of parcel volumes by e-retail
services on delivery services. A large number of regional e-retail
services may not be able to afford the more expensive alternative
delivery methods such as drones and are therefore expected to partake
in the use of automated parcel delivery terminals.”
About Us :
Transparency Market Research (TMR) is a market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of analysts, researchers, and consultants,
use proprietary data sources and various tools and techniques to
gather, and analyze information. Our business offerings represent the
latest and the most reliable information indispensable for businesses
to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such
as pharmaceuticals, chemicals, energy, food & beverages,
semiconductors, med-devices, consumer goods and technology. These
reports provide in-depth analysis and deep segmentation to possible
micro levels. With wider scope and stratified research methodology,
TMR’s syndicated reports strive to provide clients to serve their
overall research requirement.
No comments:
Post a Comment