The automated parcel delivery terminals market is projected to see a considerable growth, due to the quickly growing volumes of parcel shipping.
Sarasota, FL -- (SBWIRE) -- 03/13/2018 -- Global Automated Parcel Delivery Terminals Market: Overview
Automated parcel delivery terminals are gradually becoming the ideal substitute delivery solution as it supports in decreasing the expenditure gained in the logistics chain. In addition, it helps in the good organization in deliveries and generating new prospects. They also support logistics providers and sellers to cut down on losses incurred owing to last-minute delivery failures or even avoid re-attempt deliveries. Furthermore, the terminals are well equipped with POS equipment that helps in cash on delivery via cards, thus letting cashless and simple payments for parcels.
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Global Automated Parcel Delivery Terminals Market: Growth Factors
The automated parcel delivery terminals market is projected to see a considerable growth, due to the quickly growing volumes of parcel shipping. The significant expansion in the volumes of parcel shipping is mainly fueled by the development of the cross-border deliveries and e-commerce market globally. Furthermore, the rising demand for different delivery solutions is also propelling the market development thus increasing the demand for the automated parcel delivery terminals market. The automated parcel delivery terminals solutions are gradually becoming the chosen alternative delivery solution as it supports in decreasing the cost acquired in the logistics chain. Additionally, it supports in increasing the effectiveness in generating new market prospects, opportunities, and deliveries. These terminals are expected to find a high acceptance rate across the world as they present great expediency to both the purchaser and seller due to which the automated parcel delivery terminals market will increasingly grow in the coming years.
Global Automated Parcel Delivery Terminals Market: Segmentation
The global automated parcel delivery terminals market is classified based on the end user, deployment type, and geography. Deployment types are further divided into indoor and outdoor terminals. In addition to this, based on end users the automated parcel delivery terminals market is categorized into logistics & shipping, retail, government organizations, and others (large enterprises, educational institutions).
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Global Automated Parcel Delivery Terminals Market: Regional Analysis
Europe is anticipated to dominate and control the global automated parcel delivery terminals market. Its dominant place has actually resulted from the early acceptance of the automated parcel terminals by several logistics companies, retailers, and a variety of government organizations. In addition, the presence of the most important players in the region has also worked in support of the market. It is also anticipated, that Europe is estimated to hold a major share in the coming years.
Europe is projected to be trailed by the Asia Pacific. This is mainly due to the significant development in the ecological unit for logistics in the up-coming economies of China and India. In the same way, expansion of logistics ecosystems in Brazil and South Africa are also catalyzing the development of the market in South America and the Middle East and Africa. The U.S., Canada, and the UAE are also anticipated to contribute considerably to the global automated parcel delivery terminals market in the coming future.
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Global Automated Parcel Delivery Terminals Market: Competitive Players
Some of the most important market players in the global automated parcel delivery terminals market are Cleveron Ltd., InPost, KEBA AG, Neopost Group, Bell and Howell, LLC., Winnsen Industry Co., Ltd., ByBox Holdings Ltd., ENGY Company, and TZ Ltd., are among others.
Global Automated Parcel Delivery Terminals Market: Regional Segment Analysis
The Asia Pacific
The Middle East and Africa
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