Automated Smart Locker System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Automated smart locker systems allow consumers a secure location to transport, receive, and keep packages and other items using a versatile, adaptable electronic platform. The RFID-enabled automated smart locker systems are simple to operate and provide users with quick access control. These systems reduce the need for human intervention in order to effectively manage packages or items. The market for automated smart locker systems is being driven by the growing adoption of smart locker solutions to deliver parcels at a pre-determined parcel point station, as well as an increase in demand for smart and secure home solutions.

MARKET SCOPE

The "Global Automated smart locker system Market Analysis to 2031" is a specialized and in-depth study of the Automated smart locker system Market with a special focus on the global market trend analysis. The report aims to provide an overview of automated smart locker system market with detailed market segmentation by component and end-user. The global automated smart locker system market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automated smart locker system market player and offers key trends and opportunities in the automated smart locker system market.

MARKET SEGMENTATION

  Based on component the market is segmented as, hardware, software and services.

  Based on end user the market is segmented as, commercial, residential and government.

MARKET DYNAMICS

Drivers:

  Increasing demand for smart and touch-free locker systems from commercial as well as government enterprises are driving the growth of the automated smart locker system market.

  Technological advancements in locker technology and growth in adoption of smart lockers in industries, offices are also expected to propel the market growth during the forecast period.

Restraints:

  High cost of automated smart lockers along with less penetration of such technology in some developing nations are expected to restrain the market growth during the forecast period.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automated smart locker system market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automated smart locker system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting automated smart locker system Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automated smart locker system market in these regions.

IMPACT OF COVID-19 ON AUTOMATED SMART LOCKER SYSTEM MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The reports cover key developments in the automated smart locker system market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automated smart locker system market are anticipated to lucrative growth opportunities in the future with the rising demand for automated smart locker system market. Below mentioned is the list of few companies engaged in the automated smart locker system market.

The report also includes the profiles of key automated smart locker system market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Bell and Howell
  
•   Bradford Systems Corporation
  
•   Creone
  
•   Datrose
  
•   Exela Technologies, Inc.
  
•   iLockerz Limited
  
•   LockTec GmbH
  
•   Meridian Kiosks
  
•   Ricoh Company, Ltd.
  
•   Signifi Solutions Inc.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Automated Smart Locker System Report Scope

Report Attribute	Details
Market size in 2024	US$ XX million
Market Size by 2031	US$ XX Million
Global CAGR (2024 - 2031)	XX%
Historical Data	2021-2023
Forecast period	2025-2031
Segments Covered	By Component Hardware Software Services By End-user Commercial Residential Government
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Bell and Howell Bradford Systems Corporation Creone Datrose Exela Technologies, Inc. iLockerz Limited LockTec GmbH Meridian Kiosks Ricoh Company, Ltd.