Smart parcel lockers market is expected to touch US$ 1.8 billion by the end of 2028

WILMINGTON, Del. - Dec. 16, 2022 - PRLog -- The report analyzes the global market on the type, application, deployment, and region. The report is comprehensive and provides comprehensive historical and forecast market size, along with trend analysis.

The Market Review and the Dynamics
The smart parcel locker market is anticipated to expand at a rate of 12% during the forecast period of 2022-2028. The rapid growth in internet shopping and E-commerce is expected to boost demand for smart parcel lockers around the globe.

Segmental Analysis

• Based on type, the modular locker holds a prominent share of the global smart parcel locker market owing to its compatibility and maximum utilization feature, whereas the cooling lockers are expected to be the fastest-growing segment in the forthcoming years.

Competition Analysis
Due to the presence of many well-established companies in the global smart parcel locker sector, there is intense competition. In order to preserve a competitive advantage in the market, technology upgradation, and increasing focus on providing optimum solutions to customers are some of the key strategies adopted by the market players.

In September 2022, Industrial automation company Arka opened a US$ 2 million (€2 million) smart locker factory in Romania.

RationalStat has segmented the global smart parcel locker market on the basis of type, application, deployment, and region

• By Type

o Modular Parcel Locker

o Cooling Locker

o Postal Locker

o Laundry Locker

o Others (Self-Service Parcel Locker)

· By Application

o Retail

o Government Agencies

§ (Post Offices, etc.)

o Colleges and Universities

o Public Enterprises and Commercial Buildings

o Others (Residential, etc.)

· By Deployment

o Indoor

o Outdoor

• By Region

o North America

§ US

§ Canada

o Latin America

§ Brazil

§ Mexico

§ Rest of Latin America

o Western Europe

§ Germany

§ UK

§ France

§ Spain

§ Italy

§ Benelux

§ Nordic

§ Rest of Western Europe

o Eastern Europe

§ Russia

§ Poland

§ Rest of Eastern Europe

o Asia Pacific

§ China

§ Japan

§ India

§ South Korea

§ Australia

§ ASEAN (Indonesia, Vietnam, Malaysia, etc.)

§ Rest of Asia Pacific

o Middle East & Africa

• GCC
• South Africa
• Turkey

For more information about this report: https://store.rationalstat.com/store/global-smart-parcel-...

About RationalStat LLC
RationalStat is an end-to-end US-based market intelligence and consulting company that provides comprehensive market research reports along with customized strategy and consulting studies.  The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store (https://store.rationalstat.com/) annually.