About vending machine
A vending machine is used to dispense products such as beverages, snacks, lottery tickets, cigarettes, and other consumer goods after inserting required amount into the machine. Vending machine is used in the automatic retailing industry. Modernized vending machines are available with many technologies such as interactive displays, cashless payment options, and telemetry systems. They are mostly installed in places such as hospitals, public buildings, airports, and gas stations.
Technavio's analysts forecast the global vending machine market to grow at a CAGR of 14.4% over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of the global vending machine market for the period 2015-2019. Based on the features and applications of vending machine, the market is segmented into two: low-end vending machine and intelligent vending machine.
Technavio's report, Global Vending Machine Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global vending machine market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key regions
• Americas
• APAC
• EMEA
Key vendors
• Coin Acceptors
• Crane
• Cubic
• Fuji Electric
• MEI
Other prominent vendors
• Vending
• Abberfield Technology
• Adrich Vending International
• Allied Drink Systems
• American Vending Machine
• Asahi Seiko (Europe)
• Atlas Vending
• Bettavend
• Bianchi Vending Group
• Bulk Vending Systems
• Cantaloupe Systems
• Canteen
• Continental Vending
• ETNA Coffee Technologies Fresh & Honest Café
• Fresh Healthy Vending
• Glory
• GTECH
• Ingenico
• Innovative Vending Solutions
• Local Vending
• Maas International Group
• Manchester Vending Services
• Panasonic
• Royal Vendors
• Sanden Vendo America
• UK Vending
• VeriFone Systems
• VendScreen
• Westomatic Vending Services
Key market driver
• Cashless vending
• For a full, detailed list, view our report
Key market challenge
• High initial investment and cost of production
• For a full, detailed list, view our report
Key market trend
• Embedded system-based automatic ticket vending machine
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Table of Contents not available.
Research Methodology
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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market growth will increase by .
The market is expected to grow at a CAGR of %.
market is segmented by
are a few of the key vendors in the market.
will register the highest growth rate of % among the other regions. Therefore, the market in is expected to garner significant business opportunities for the vendors during the forecast period.
- is the driving factor this market.
The market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.