Smart Parcel Delivery Locker Market Scope
Smart Parcel Delivery Locker is a large-scale automatic system that provides many conveniences to customers and businesses. It has wide application to provide access to inventory, both from close location and or remote location. It can manage the large volume of valuable goods, materials. The main feature is that it has cloud-based software and real-time analytics capabilities, the electronic technology that can track, control, and manage inventory. Geographically North America is the leading region for higher adoption and production due to its wide application in various industry
The Smart Parcel Delivery Locker market study is segmented by Type (Indoor Locker and Outdoor Locker), by Application (Residential Area, Commercial & Retail Area, Schools & Institutions, Enterprise Offices and Other) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. The market is expected to grow in E-Commerce Industry. It has wide application for security concerns. Several companies such as Pitney Bowes Inc, Smiota are operating in the market to provide customers with various features & unique offering services and products. The market is a partially fragmented market with the presence of several market players and local players. The demand of the market due to wide features and applications is triggering the market growth over the forecast period.
KEBA (Switzerland), Pitney Bowes Inc (United States), Smiota (United States), VSGate (United States), Granite State Specialties (United States), Bradford Systems Corporation (United States), Godrej Interior (India), Exela Technologies, Inc (United States), Snaile Inc (Canada), Parcel Hive (United Kingdom), HUBLOK (Switzerland), LockTec GmbH (United States), Quadient (France), Focus Technology Co Ltd (China), Canon Solutions America, Inc (United States) and Others are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Smart Parcel Delivery Locker market by Type, Application and Region.
On the basis of geography, the market of Smart Parcel Delivery Locker has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On May 2020 Swedish start-up Instabox is planning for expansion of its smart parcel lockers to two new markets
On June 2021 Pitney Bowes is for planning for expansion of its Portfolio with the Launch of Parcel Point Smart Lockers product and service
Market Trend
- Rising demand for eCommerce providers to adopt technology that helps meet the demand and improve the customer experience
Market Drivers
- It helps for faster delivery and cost-cutting
Opportunities
- Huge demand for asset locker to prevent theft and loss
Restraints
Challenges
- A large amount of data leakage issue
Key Target Audience
OEM (Original Equipment Supplier), Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End-use Industry