Dublin, Jan. 30, 2023 (GLOBE NEWSWIRE) — The “Global Intelligent Parcel Locker Market Size, Share & Industry Trends Analysis Report By Application (Indoor and Outdoor), By Component (Hardware and Software), By End User (Residential and Non-residential), By Regional Outlook and Forecast, 2022 – 2028” report has been added to ResearchAndMarkets.com’s offering.
The Global Intelligent Parcel Locker Market size is expected to reach $1.5 billion by 2028, rising at a market growth of 11.8% CAGR during the forecast period.
A parcel locker is a container that facilitates package pickup for building residents at any time. Due to modern technology, the building manager can now warn the beneficiary due to installed digital systems. Residents can easily pick up and drop off shipments using this procedure. Everyone gets tired of waiting for package delivery for hours.
solution eliminates the paper trail while providing fast access to information regarding the delivery. A well-liked and extremely intriguing alternative to an effective last-mile delivery system is the intelligent parcel locker. An intelligent packed locker is another name for an intelligent parcel locker.
It is a form of computer-controlled electronic locker used for electronic concierge digital parcel delivery, allowing recipients to get their mail and packages whenever they choose. The central delivery point provided by the intelligent parcel lockers strengthens the chain of custody and allows for audit tracking. It gives customers rapid email and SMS notifications when their products have been delivered.
Automated solutions called intelligent parcel lockers make it easy for businesses to store packages. By immediately alerting users to information about their shipment, they give users secure access to inventory and assets from nearby and far-off locations. Additionally, they enable merchants to use the inventory in their locations and lower the cost of last-mile transportation.
In human history, there has never been a crisis like the one the world is constantly experiencing. Lockdowns affect nearly a third of the world’s population. The only way to stop it from spreading further is to stay at home and avoid social situations. However, this has resulted in a massive demand for and rush to stock up on necessities like food and medications.
COVID-19 Impact Analysis
The retail sector has undergone a radical change as a result of the COVID-19 pandemic. Brick and mortar stores have chosen digital platforms and accelerated the incorporation of multichannel strategies due to the early beginning of the coronavirus, which has concerned them and caused them to do so to ensure increased deliveries.
Due to convenient options like simple free deliveries, returns, and cash-on-delivery payment, among others, people become more at ease when shopping online. As a result, the market for intelligent lockers quickly increased across all countries due to the pandemic’s impact on e-commerce and the exponential expansion of online shopping.
Market Growth Factors
Parcel Lockers Are Receiving More E-Commerce Deliveries
The demands for online shopping are rising due to trends that are expanding at an exponential rate. Many businesses have noticed an increase in delivery volumes over time. Given the rise in business-to-customer parcel deliveries, the number of parcel stores or parcel locker outlets significantly expanded. The number of packages sent has significantly increased in the industries of food and drink, personal services, apparel and shoes, and consumer electronics.
Building Automation And Rapid Urbanization Are Global Trends
The demands for online shopping are rising due to trends that are expanding at an exponential rate. Many businesses have noticed an increase in delivery volumes over time. Given the rise in business-to-customer parcel deliveries, the number of parcel stores or parcel locker outlets significantly expanded.
The number of packages sent has significantly increased in the industries of food and drink, personal services, apparel and shoes, and consumer electronics. E-commerce and digital platforms are now replacing traditional brick-and-mortar retail locations as the primary means of product delivery.
Market Restraining Factors
There Is A High Probability Of Technological Problems
Electronic devices are present in every industrial, commercial, and residential context. Additionally, this equipment is dependent on stable voltage input and increasingly complex analog and digital circuitry. These patterns emphasize the requirement for efficient straight-line emissions filters that are adaptable to various electrical configurations. However, there is no inverse relationship between the number of primary windings and the voltage that arises across the inductor or all of its windings.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
220.127.116.11 Market composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Intelligent Parcel Market
Chapter 4. Global Intelligent Parcel Locker Market by Application
4.1 Global Indoor Market by Region
4.2 Global Outdoor Market by Region
Chapter 5. Global Intelligent Parcel Locker Market by Component
5.1 Global Hardware Market by Region
5.2 Global Software Market by Region
Chapter 6. Global Intelligent Parcel Locker Market by End User
6.1 Global Residential Market by Region
6.2 Global Non-residential Market by Region
Chapter 7. Global Intelligent Parcel Locker Market by Region
Chapter 8. Company Profiles
8.1 CKI Locker LLC (Cole Kepro International, LLC)
8.1.1 Company Overview
8.2 Cleveron (Posti Group Corporation)
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
18.104.22.168 Partnerships, Collaborations, and Agreements:
22.214.171.124 Product Launches and Product Expansions:
8.3 Florence Corporation (Gibraltar Industries, Inc.)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segment & Regional Analysis
8.4 Hollman, Inc.
8.4.1 Company Overview
8.5 KEBA Group AG
8.5.1 Company Overview
8.6 Luxer Corporation (Assa Abloy AB)
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
126.96.36.199 Partnerships, Collaborations, and Agreements:
188.8.131.52 Acquisition and Mergers:
8.7 Package Nexus
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
184.108.40.206 Product Launches and Product Expansions:
8.8 Parcel Port Solutions, Inc.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
220.127.116.11 Partnerships, Collaborations, and Agreements:
8.9 Pitney Bowes, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segment & Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
18.104.22.168 Product Launches and Product Expansions:
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segment & Regional Analysis
8.10.4 Research & Development Expense
8.10.5 Recent strategies and developments:
22.214.171.124 Partnerships, Collaborations, and Agreements:
126.96.36.199 Product Launches and Product Expansions:
For more information about this report visit https://www.researchandmarkets.com/r/oo0e3
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager email@example.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Originally Appeared Here