Global Intelligent Vending Machine Market 2018-2022 with Crane, Coin Acceptors, Fuji Electric & Royal Vendors Dominating

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18 Dec, 2017, 16:45 GMT

DUBLIN, Dec. 18, 2017 /PRNewswire/ --

The "Global Intelligent Vending Machine Market 2018-2022" report has been added to Research and Markets' offering.

The global intelligent vending machine market to grow at a CAGR of 34.41% during the period 2018-2022.

Global Intelligent Vending Machine Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated from the sales of intelligent vending machines.

According to the report, one of the major drivers for this market is growing demand for cashless vending machines. Companies are installing vending machines that accept payments through credit cards, debit cards, and mobile payments. This helps them to gain the attention of customers, consequently propelling the sales. The vending machines are becoming popular in offices, commercial complexes, institutes, hospitals, and other public places. Retailers preference is shifting towards cashless transaction facilities and machines with cashless features.

The latest trend gaining momentum in the market is ability of real-time data collection through intelligent vending machines. Most vending machines focus on providing dispensing products. The functionality of the machine is decided by the hardware, software, and the microprocessors and controllers used in designing the machine. Intelligent vending machines are being equipped to handle in-data collection, data transfer, and data analysis. These advanced features enable the retailers to focus on their core competencies of timely distribution and product quality. Vending machines use customized software analytics and cloud-based services to manage large real-time customer data.

Further, the report states that one of the major factors hindering the growth of this market is high initial investment and maintenance cost. End-users require huge capital investments for procuring the software and hardware for intelligent vending machines. Although they can customize the hardware and software according to their needs, these customizations can also be outsourced to third-party suppliers, which involves considerable costs. To withstand the competition in the market vendors, need to launch innovative products that require heavy investments in R&D. However, the cost of producing of vending machines is very high while the cost of renting them is also increasing by the year.

Market trends

  • Ability of real-time data collection through intelligent vending machines
  • Growing demand for retrofitted vending machines
  • Product customizations

Key vendors

  • Crane
  • Coin Acceptors
  • Fuji Electric
  • Royal Vendors

Other prominent vendors

  • American Vending Machines
  • BIANCHI INDUSTRY SPA
  • Bulk Vending Systems
  • Compass Group (Canteen)
  • Continental Vending
  • Fresh Healthy Vending International

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

PART 05: MARKET LANDSCAPE

PART 06: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 07: FIVE FORCES ANALYSIS

PART 08: MARKET SEGMENTATION BY PRODUCT

  • Segmentation by product
  • Comparison by product
  • Beverage - Market size and forecast 2017-2022
  • Food - Market size and forecast 2017-2022
  • Tobacco - Market size and forecast 2017-2022

PART 09: CUSTOMER LANDSCAPE

PART 10: MARKET SEGMENTATION BY INSTALLATION SITES

  • Segmentation by installation sites
  • Comparison by installation sites
  • Retail sites - Market size and forecast 2017-2022
  • Public transport hubs - Market size and forecast 2017-2022
  • Offices - Market size and forecast 2017-2022
  • Market opportunity by installation sites

PART 11: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Key leading countries
  • Market opportunity

PART 12: DECISION FRAMEWORK

PART 13: DRIVERS AND CHALLENGES

PART 14: MARKET TRENDS

  • Ability of real-time data collection through intelligent vending machines
  • Growing demand for retrofitted vending machines
  • Product customizations

PART 15: VENDOR LANDSCAPE

  • Global intelligent vending machine market
  • Landscape disruption

PART 16: VENDOR ANALYSIS

  • Crane
  • Coin Acceptors
  • Fuji Electric
  • Royal vendors

PART 17: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/zssd2b/global?w=5

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