Global Intelligent Electronic Parcel Lockers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Intelligent Electronic Parcel Lockers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Intelligent Electronic Parcel Lockers are the cutting-edge solution to intelligently manage ever-evolving package and asset delivery demands while providing secure, anytime pick-up options for recipients. The Intelligent Electronic Parcel Lockers offer a central delivery point that increases the chain of custody as well as offers audit tracking. It provides immediate notification service via email and text to a customer when after their packages have been delivered.

Market Overview:

The latest research study on the global Intelligent Electronic Parcel Lockers market finds that the global Intelligent Electronic Parcel Lockers market reached a value of USD 748.22 million in 2022. It’s expected that the market will achieve USD 1370.25 million by 2028, exhibiting a CAGR of 10.61% during the forecast period.

The main advantages of the product are obvious

For Intelligent Electronic Parcel Lockers products, its main advantage is to continuously promote the growth of the industry. For individual consumers, the emergence of Intelligent Electronic Parcel Lockers has greatly reduced the incidence of parcel theft. For example, in the United States, about 1.7 million parcels are lost or stolen every day, and the emergence of Intelligent Electronic Parcel Lockers is significantly reducing these numbers. Secondly, Intelligent Electronic Parcel Lockers enable residents to receive parcels easily and conveniently. This not only eliminates the waiting time in the express office or community post office, but the entire process is automated, without interaction with vendors or drivers, property employees who are responsible for distributing supplies, and so on. This greatly reduces the chance of contact with other people and can prevent the spread of the COVID-19 virus.

For merchants in the express delivery industry, Intelligent Electronic Parcel Lockers can increase productivity and reduce labor costs. This is mainly manifested in Intelligent Electronic Parcel Lockers package tracking, signature verification and local notifications.

Overall, Intelligent Electronic Parcel Lockers has improved the safety of goods transportation and customer satisfaction. As a result, Intelligent Electronic Parcel Lockers is gaining popularity.

High installation, maintenance and transportation costs

For the Intelligent Electronic Parcel Lockers industry, although the product can save the cost of manual delivery, consumers are more autonomous in picking up the goods, and the courier does not need to wait for the consignee to pick up the goods, which greatly improves the delivery efficiency of e-commerce. However, the placement cost, maintenance cost, and order opportunity cost of Intelligent Electronic Parcel Lockers are all cost factors that cannot be ignored. At the same time, with the continuous development of technology, items can be accessed by swiping fingerprints or swiping faces. But compared with traditional smart cabinets, the cost will be higher. In addition, the quality of installation and maintenance personnel will be higher than that of ordinary maintenance personnel, and installation costs will increase. In addition, because the lockers are bulky goods, the transportation cost will be greatly increased during the transportation. At the same time, better packaging and protection are also needed. Therefore, Intelligent Electronic Parcel Lockers essentially have the same delivery cost but higher maintenance costs.

Development of online e-commerce and logistics industry

For the Intelligent Electronic Parcel Lockers industry, the development of online e-commerce and the logistics industry has played a role in promoting this industry. On the one hand, as shoppers become more accustomed to buying goods online and retailers fine-tune e-commerce operations to deliver products faster, the share of online e-commerce in total retail sales is increasing every year. With the promotion and application of online e-commerce, the volume of express delivery business has greatly increased, giving birth to terminal intelligent express cabinets. The development of online e-commerce has promoted the progress of the logistics industry and solved problems such as long waiting times and conflicts in delivery time.

On the contrary, the emergence of Intelligent Electronic Parcel Lockers optimizes the logistics system. An efficient logistics system can bring less logistics costs and higher service levels to online e-commerce. At the same time, efficient logistics improves customer satisfaction and loyalty, expands the scope of business for online e-commerce, and brings new market opportunities. This has greatly promoted the development of online e-commerce. As a result, online e-commerce has also increased the demand for logistics services and promoted the development of the industry.

Region Overview:

In 2021, the share of the Intelligent Electronic Parcel Lockers market in Europe stood at 34.94%.

Company Overview:

Zhilai Tech is one of the major players operating in the Intelligent Electronic Parcel Lockers market, holding a share of 23.26% in 2022.

Zhilai Tech

SHENZHEN ZHILAI SCI AND TECH CO., LTD, headquartered in Shenzhen, is the leading locker manufacturer in China, specialized in electronic lockers research and development, manufacturing, sales and relative services. Since 1999, ZHILAI had won worldwide reputations as an Original Design Manufacturer and developed high-quality lockers, such as delivery locker, refrigerator locker, barcode locker, RFID locker, APP locker, and charging locker etc.

InPost

InPost is one of the largest logistics operators in Poland, as well as a successful operator of automatic Parcel Lockers in Europe and the only company in the world that is both an operator of APM machines and their manufacturer. InPost focus on e-commerce activities, in particular logistics services for Parcel Lockers and courier services for customers of online stores.

Segmentation Overview:

By type, Outdoor segment accounted for the largest share of market in 2021.

Application Overview:

The market's largest segment by application is the segment Family, with a market share of 36.35% in 2021.

Key Companies in the global Intelligent Electronic Parcel Lockers market covered in Chapter 3:

Vlocker
Cleveron
American Locker
Luxer One
MobiiKey
Zhilai Tech
Quadient
DeBourgh Mfg
Locker & Lock
Snaile
KEBA
Headleader
My Parcel Locker
InPost
Smartbox
Package Nexus

In Chapter 4 and Chapter 14.2, on the basis of types, the Intelligent Electronic Parcel Lockers market from 2018 to 2029 is primarily split into:

Indoor
Outdoor

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Intelligent Electronic Parcel Lockers market from 2018 to 2029 covers:

Retail
Family
University
Office
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)