Automated Parcel Delivery Terminals Market is to be worth US$1.039 bn by 2025 - TMR
The global market for automated parcel delivery terminal market is currently dominated by a handful of mammoth-sized players. These market players have had a history of successive growth and development, and this is the primary reason behind their strongholds in the market. In the past few decades, none of the companies or firms has been able to challenge the strong position of the players who currently lead the market. However, it is anticipated that the streak of dominance of these players in on the verge of termination as new players ready themselves to enter the market. The competitive landscape of the global market for automated parcel delivery terminals is expected to undergo a transition from being a highly consolidated one to a more fragmented distribution of market share. The leading market players are bound to counter the efforts of the new entrants to establish themselves in the market. These counter efforts could be in the form of strategic alliances, acquisitions, or even extensive marketing. On the other hand, the new entrants are projected to bank on their ability to manufacture innovative and advanced products in the market. The success of the new entrants in the global market for automated parcel delivery terminals largely hinges on a consistent supply chain and progressive growth of their consumer base. Some of the key players that currently operate in the global automated parcel delivery terminal market are Bell and Howell, LLC., ByBox Holdings Ltd., Neopost group, TZ Ltd., ENGY Company, and Winnsen Industry Co., Ltd.
Transparency Market Research (TMR) finds that the global automated parcel delivery terminal market would expand at a CAGR of 12.3% over the period between 2017 and 2025. Furthermore, the global market is expected to be valued at US$1.039 bn by 2025, escalating from a value of US$335.0 bn in 2015.