Smart Parcel Locker Market Scope
Smart parcel locker is a popular and very interesting solution to an efficient last-mile delivery system. A smart parcel locker is also called a smart packaged locker. It is a type of electronic locker managed by a computer which used for electronic concierge digital parcel delivery which allows receivers to retrieve parcels and mail at any time. The smart parcel lockers offer a central delivery point that increases the chain of custody as well as offers audit tracking. It provides immediate notification service via email and text to a customer when after their packages have been delivered. The world is currently going through a crisis that is unprecedented in human history. Almost a third of the world population is in lockdown. Staying at home and social distancing are the only ways to stop its further ramification. However, this has put a huge demand and rush to stock essential commodities like groceries and medicines. This has further enhanced the risk of the spread of viruses due to people to people contact even if essentials are delivered to home. Person-to-person contact is a major risk factor for the coronavirus, so in order for businesses to operate, they ideally need a contactless way to interact with customers. The incidence such as “a pizza delivery boys test positive for coronavirus” which leads to the quarantine of 72 families and 17 colleagues is an example of such a risk. To avoid this type of risk the manufacturers are providing smart parcel lockers with the technology of contactless and touchless parcel transactions. which will create a lucrative opportunity in the industry.
According to AMA, the Global Smart Parcel Locker market is expected to see growth rate of 16.0%The Vendors having a strong hold in the market are KEBA AG. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Smart Parcel Locker market throughout the predicted period.
KEBA AG (Austria), TZ Limited (Australia), CleverBox Company (United States), Patterson Pope, Inc.(United States), Debourgh Manufacturing Co (United States), RENOME-SMART (Ukraine), Kern Limited (United Kingdom), Smartbox Ecommerce Solutions Pvt. Ltd.(India), Snaile Inc. (Canada) and Package Nexus (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Shenzhen Zhilai Sci and Tech Co., Ltd. (China), Locker & Lock Pte Ltd (Singapore), V Locker Pty Ltd (Australia), Abell International Pte Ltd (Singapore), ALPHA Corporation (Japan) and Xiamen Headleader Technology Co., Ltd. (China).
Segmentation Overview
The study have segmented the market of Global Smart Parcel Locker market by Type (Modular Parcel Locker, Cooling Lockers for Fresh Food, Postal Lockers, Self-service Parcel Lockers and Laundry Lockers), by Application (Condos, Apartment complexes, Businesses and Other) and Region with country level break-up. On the basis of Type, Min. Order 10-50 are dominating the market in the year 2021
On the basis of application, Apartment complexes segment is dominating the market in the year 2021
On the basis of geography, the market of Smart Parcel 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). Asia- Pacific region held largest market share in the year 2021. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Influencing Trend:
Growing Demand Due To Ideal 24/7 Delivery Channel and Growing Service Expansion in Logistics
Market Growth Drivers:
Development of New Revenue Channels and Rising Demand for Safe Parcel Lockers
Restraints:
Rising Concern about Cyber Security Threats
Opportunities:
Technological Advancement in Smart Parcel Locker and Growing Demand in Emerging Countries
Market Leaders and their Expansionary Development Strategies
On 6th May 2020, Koloni Launches Smart Locker to Enable Contactless Delivery During COVID-19 Pandemic. and On 5th February 2019, Smartone Solutions Inc. has partnered with Canada’s parcel locker company Snaile, to provide automated parcel lockers. Which will be integrated into SmartONE’s smart multi-residential buildings.
On 15th January 2019, Snaile has collaborated with 1VALET, a Quebec-based business providing a full multi-residential building automation platform, to simplify the process of receiving packages. This partnership between the two Canadian companies allows parcels to be safely deposited at recipients' multi-family building and delivery notifications integrated with the 1VALET platform. and On 31st January 2019, Parcel Pending, the leading provider of innovative package management solutions, has announced that it has been acquired by Paris-based Neopost, a global leader in mail solutions, business process automation, customer experience management and parcel locker solutions, for more than 100 million USD.
Key Target Audience
Manufactures, Suppliers and Distributors, Industry Association, Government Regulatory Bodies, Government and Private Research Organizations and Others
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 the total available market.