The automated parcel delivery terminals are moderately becoming the perfect substitute for delivery solution or process as it involves the reduction of extra expenditure gained in the logistics chain such as VAT, service taxes, and many others. This delivery solution offers planned and well-organized services in deliveries and creates new prospects to meet the market challenges. The automated parcel delivery terminals service avoids the losses generates during the last-minute unsuccessful delivery and also reduces the number of re-attempt shipments by providing support to the seller and delivery service provider.
The rising adoption of digitalization, development of many payment methods, and campaign for cashless payment among the global population enforce automated parcel delivery terminals to include the POS equipment in their delivery services, which will help in cash on delivery via cards during the successful delivery of the product. The fastest-growing trend of online-shopping has encouraged the e-commerce market to develop, which directly tends to increase the demand for the terminal market. A significantly growing number of parcels to be shipped is involving in the noticeable growth of automated parcel delivery terminals market.
Smartbox Ecommerce Solutions
Bell and Howell
Moreover, the rising demand for different kinds of product delivery solutions is also a key propeller that propels the market development, so increasing the demand for terminals market. The automated parcel delivery terminals services are becoming an alternative delivery solution as it decreases the cost charged in the logistics process and improves effectiveness by developing market prospects, future opportunities, and delivery services. This delivery solution is expected to gain a high rate of acceptance all over the World.
The Global market of the Automated Parcel Delivery Terminals has segmented primarily depending on their product type that collectively includes compressor and vacuum. The compressor is involving liquid ring, centrifugal, reciprocating, rotary screw, and the vacuums are a liquid ring and dry pumps.
According to the report, in the year 2018, the liquid ring compressor holds a 7.08% share of the global market, which is accounted to reach 78.6 million US$ by 2025 from 68.7 million US$ during the forecasted period.
Based on the region, the global industry of the Automated Parcel Delivery Terminals market includes the regions of Asia-Pacific, especially China, Vietnam, Malaysia, Singapore, Thailand, Japan, and South Korea. And many other regions are the United States of America, Canada, from North America. Brazil, Mexico, and several states from South America. Germany, France, the UK, Scandinavia, Italy, Spain, from Europe. And the United Arab Emirates, Saudi Arabia, Turkey, Egypt, South Africa, and GCC Countries from the Middle East and Africa.
The Global Automated Parcel Delivery Terminals market is expecting to gain 118.4 M USD by 2025 at a Compound Annual Growth Rate (CAGR)of 2.65%, which is more than its expectations. The Global Market for the Automated Parcel Delivery Terminals was recorded to be moving at a higher positive side in the year 2018. The forecast period of the Automated Parcel Delivery Terminals market is term as 2019-2024.
Table Of Content:
1 Report Overview
2 Global Growth Trends by Regions
3 Competition Landscape by Key Players
4 Breakdown Data by Type (2015-2026)
5 Cloud ITSM Breakdown Data by Application (2015-2026)
6 North America
10 Southeast Asia
12 Central & South America
13Key Players Profiles
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