Skip to main content

Automated Parcel Delivery Terminals Market to have Good Business Opportunities in the Coming Years

Owing to the flourishing e-commerce industry and surging cross-border delivery, the automated parcel delivery terminals market is expected to witness a progressive growth in the years to come. With new players entering the market and progressing vigorously as compared to the old players, the market for automated parcel delivery terminals is anticipated to be dominated by new players in the future years.
The parcel delivery business was into the market for quite sometime and carries a massive rising potential for growth and development. This may take place on account of majority of underserved markets around the world. Another factor fuelling the market is the e-commerce industry blooming which further helps in extending business through online portals as well.
The major players of the market are susceptible to oppose the efforts of new players in the market in order to prove their establishment and grasp over the market. However, new entrants successfully manage to earn their revenue by acquiring new strategies. Apart from strategic alliances, the new players are also making counter efforts in the form of extensive marketing and acquisitions so as to bank their abilities and manu8facture advanced and innovative products in the global market.
The global automated parcel delivery terminals market is presumed to be worth US$1.039 bn by the end of 2025 with a healthy CAGR of 12.3% . The forecast period is set to 2017 to 2025 and is anticipated to be expanding from US$335.0 bn as per the 2015 records.
The global automated parcel delivery terminals market is classified on the basis of type and ownership. On the basis of type, the market for automated parcel delivery is segmented into outdoor terminals and indoor terminals. Amongst the two, the indoor terminal category holds a larger share owing to their affordable cost as compared to their outer terminal counterpart. Indoor terminals segment also enable easy parcel recovery even in difficult weather situations. Not only has this, the indoor parcel delivery terminals also provides protection against vandalism and burglary, thus making them popular among the two.
With regard to ownership, the automated parcel delivery terminals market is categorized into government organization, shipping and logistic companies, and retailers. Among these, the shipping and logistics category is assumed to surpass the other segments in terms of growth rate. Since the e-commerce industry is growing at a faster rate day by day, the automated parcel delivery market could also earn more revenue because of the rising number of online orders.
The global automated parcel delivery terminals market is studied on the basis of key geographies South America, Middle East and Africa, Asia Pacific, Europe and North America. Taking into consideration the rate of growth of the market in each of these regions, it is seen that Europe is currently dominating the overall market. This is due to the early adoption of parcel delivery terminals through automation by various logistics retailers, companies, and different government organizations. Apart from this, the presence of major players in the European region has also added benefit to the overall revenue collection.
Following up with Europe is Asia Pacific region contributing good amount of revenue shares due to considerable progress in logistics ecosystem especially in emerging nations of China and India. Likewise, logistic ecosystem in South America and Middle East and Africa are also accelerating market growth. North American countries namely UAE, the U.S. and Canada are also expected to show similar growth and contribute notably to the growth of the market globally.
Some of the key players in the automated parcel delivery terminals market are ByBox Holdings Ltd., Cleveron Ltd., Smartbox Ecommerce Solutions Pvt. Ltd., ENGY Company, and InPost, Cleveron Ltd.



Comments

Post a Comment

Popular posts from this blog

Mobile Printing Market: Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights

Mobile printing let end-users print documents when they are in traditional network of away from it The mobile printing enables end-users to print from their devices to any mobile printing application enabled printer located in the office, public print location or at home. Mobile printing is wireless and provides high degree of efficiency to its end-users. It uses 802.11 networking or Bluetooth to communicate and can be used on both local area network (LAN) and wide area network (WAN). Thermal based technology is being used in mobile printing to provide high quality output. There are two types of thermal printing methods which are uses in mobile printing namely direct thermal and thermal transfer. With the help of mobile printing technology the security of the device and system will be enhanced, as an individual is able to set password to prevent unauthorized access, in case of remote printing over internet.. Furthermore, mobile printing reduces need for individual printers on every d
Post a Comment
Read more

Growing Industrialization will Influence the Oil Condition Monitoring Market Growth

Major players in the global oil condition monitoring market are Bureau Veritas, Intertek, Parker Hannifin Corporation, Castrol Limited, Spectro Analytical Instruments, General Electric Company, and Insight Services Unveils TestOil Oil is an important resource used in various machineries and engines in order to provide lubrication and for temperature regulation. After prolonged usage, oil starts to lose out on its properties and becomes less functional. Using such oil can damage the engine or machinery in which it is being used. Hence, it is necessary to keep a check on the condition of oil and replace or upgrade it after its optimum usage. Oil condition monitoring means keeping a timely check on the quality of oil that is being deployed in the system and taking the necessary steps so that the oil serves its purpose to the fullest. The monitoring also helps in increasing the efficiency of the machine, reduces downtime, and reduces cost, thereby increasing profits. Request A Sampl
Post a Comment
Read more

Airfield Lighting Market to Record Sturdy Growth by 2026

The global airfield lighting market is fragmented with many regional and international players. Also, many new private players are expected to enter the market. This is mainly due to easy availability of raw materials and lighting equipment. Some of the prominent players operating in the global airfield lighting market include Honeywell International Inc., RNC Avionics Ltd., Hella KGaA Hueck & Co., ADB Airfield Solutions, Carmanah Technologies Corp., Avlite Systems, Eaton, Vosla GmbH, and atg airports limited among others. Airfield Lighting includes all the lighting systems used in all airports in order to support airport operations, night flying, and improve airport appearance. Airfield Lighting systems are designed to support pilots while landing, taking off. Airport lighting helps in visual guidance to pilots to achieve correct approach slope of 3° during landing. The global airfield lighting market has witnessed significant growth since last few years and is anticipated
Post a Comment
Read more