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

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

Smart Lockers also known as lectronic Lockers, Seli-service Lockers, is applicable in the places of the large passage flow, such as supermarket. Smart Locker solutions incorporate state-of-the-art proprietary Internet of Things (IoT) Smart locking devices that enable real-time monitoring and granular transactional, environmental and time-stamped data capture. Smart lockers can be considered portion of a smart home.

Market Overview:

The latest research study on the global Smart Lockers market finds that the global Smart Lockers market reached a value of USD 883.98 million in 2022. It’s expected that the market will achieve USD 1507.02 million by 2028, exhibiting a CAGR of 9.3% during the forecast period.

Smart lockers are widely used in workshops, factories, large public buildings, retail infrastructure such as hotels, (indoor and outdoor) restaurants, health and fitness centers, (indoor and outdoor) markets, showrooms, garages; transportation infrastructure such as Subway, bus and train stations, airports, hangars, large covered car parks, tunnels; sports infrastructure such as swimming pools, sports fields, cinema, music and entertainment theatres and other entertainment infrastructure. In conclusion, people's travel patterns and activities have been affected due to COVID-19, and due to the susceptibility to COVID-19, going out, gatherings, etc. are high-risk events during the epidemic. Therefore, during the epidemic, many places have issued stop-work or stay-at-home orders. In addition to daily food purchases, there are certain restrictions on access to other facilities. The downstream demand market will be limited to a certain extent, which will also affect the demand in the smart locker market.

During the epidemic, people are more cautious, have doubts about contact with strangers, and will try to avoid some unnecessary contact, such as face-to-face pickup or delivery of packages, which will have a certain positive impact on the development of the smart locker industry.

Lack of Awareness

In low economy and lower middle economy countries the adoption rate of automated smart locker system is very low. Individuals within these economies still prefer conventional lock and key for their locker systems. This is due to lack of awareness regarding the smart locker system. The individuals are not aware about features and advantages of such technology and solution which could help them and the organizations optimize their cost and bring the flexibility in their business.

Increase in Penetration of Smartphones and Connected Devices

Demand for automated smart locker system can be attributed to the increased usage of smartphones, smart devices, and tablets. Individuals as well as businesses are shifting toward wireless era from the conventional system. Minimizing the usage of key to remove the complexity and to enhance the flexibility of storage of the item is driving the demand for the automated smart locker system. Digitization has made data transfer from one place to another quite easy which makes the automated locker more convenient. Therefore, expanding usage of smartphones is additionally boosting the request for smart lockers over the forecast period. Besides, smart lockers can be considered portion of a smart home, the increasing implementation of smart home arrangements and increasing requirement to build up network over all electronic devices in users’ houses as a result of developing entrance of smart homes are also among the key factors heightening market development.

Region Overview:

North America dominated the Smart Lockers market in 2021, with a market share of 34.23%.

Company Overview:

Apex Supply Chain Technologies is one of the major players operating in the Smart Lockers market, holding a share of 5.16% in 2022.

Apex Industrial Technologies

Apex Industrial Technologies LLC provides automated point-of-use dispensing and supply chain technologies. The Company offers dispensing systems for transportation, healthcare, mining, and asset management industries. Apex Industrial Technologies serves customers globally.

Hangzhou Dongcheng Electronic Co.,Ltd

Hangzhou Dongcheng Electronic Co.,Ltd was established in 1998,headquarter located in Hangzhou,China.The company is dedicated to the development, production and marketing of Smart lockers with our products ranging from parcel locker,smart locker,refrigerated locker to tool locker,etc.

Segmentation Overview:

Among different product types, Hardware Systems segment is anticipated to contribute the largest market share in 2027.
Hardware Systems
Hardware systems include the base that holds the kiosk, the digital screen, the controls and the actual computer itself, along with the components.
Services
The smart locker services include: Consumables management service; Asset control service; Retail fulfillment service; Parcel delivery locker service; Day locker service

Application Overview:

The market's largest segment by application is the segment Express and Logistics, with a market share of 38.39% in 2021.

Key Companies in the global Smart Lockers market covered in Chapter 3:

Shenzhen ZHILAI
Ricoh
HP
LockTec
Apex Supply Chain Technologies
deister electronic
Florence Corporation
Traka
TZ SMArt Locker Solutions
LocknCharge
Meridian Kiosks
IVM, Inc.
Datrose
Velocity Smart Technology
Hangzhou Dongcheng Electronic Co.,Ltd
AirLocker
Signifi Solutions Inc.
Smiota
Cleveron

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

Hardware Systems
Services

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

Retail/Commercial
Express and Logistics
Education/Libraries
Corporate Use

Others

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)