This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers

BANGALORE, KARNATAKA, INDIA, October 3, 2019 /EINPresswire.com/ -- Vending Machine Market Overview


The Vending Machine market was valued at 5870 Million US$ in 2017 and is projected to reach 7350 Million US$ by 2025, at a CAGR of 2.9% during the forecast period.

This report presents the worldwide Vending Machine market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Vending machine is a machine that dispenses goods such as snacks, beverages, alcohol, cigarettes, tickets to customers automatically, after the customer inserts currency or credit into the machine.In the last several years, the development of vending machine is relative stable. In 2016, the global capacity of vending machine is nearly 2600 k units, while the actual production is about 2000 k units.Beverage & Drink vending machine occupied about half of the total vending machine market. Among them, coffee vending machine is very popular in Europe. Besides, various foods vending machine are also common in office building, malls, airports, train stations and other places.


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In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Vending Machine.

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The following manufacturers are covered in this report:

Fuji Electric
Crane
SandenVendo
N&W Global Vending
Sielaff
Azkoyen Group
Bianchi Vending
Royal Vendors
Selecta
Jofemar
Westomatic
Fushi Bingshan
Seaga
FAS International
Deutsche Wurlitzer
AMS
Aucma


Vending Machine Market Breakdown Data by Type

1. FOOD
2. CIGARETTE
3. TICKET
4. FOOD
5. BEVERAGE&DRINK
6. OTHER GOODS


Vending Machine Market Breakdown Data by Application

1. FACTORY
2. OFFICE BUILDING
3. PUBLIC PLACES
4. SCHOOL
5. OTHERS


Vending Machine Market Production by Region

1. United States
2. Europe
3. China
4. Japan
5. Other Regions


Vending Machine Market Consumption by Region

North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa


The study objectives are:

1. To analyze and research the global Vending Machine Market status and future forecast，involving, production, revenue, consumption, historical and forecast.
2. To present the key Vending Machine Market manufacturers, production, revenue, market share, and recent development.
3. To split the breakdown data by regions, type, manufacturers and applications.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.


In this study, the years considered to estimate the market size of Vending Machine :

History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Vending Machine market, to estimate the size of various other dependent submarkets in the overall market.Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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REPORTS COVERING SPECIFIC SUBSETS OF VENDING MACHINE MARKET


1. Global Intelligent Vending Machines Market

Intelligent Vending Machines now represents a new breed of vending machine connected to the internet. Consumer interaction data is captured via touchscreen, beacon technology, NFC readers and simple motion sensors that detect a customer's physical presence, combined with mobile and enterprise back-end integration, which enables smart vending to offer real-time promotions, as well as upsell and cross-sell opportunities to personalize the user experience and promote brand loyalty.Airport, railway station, school and business Center are the main application areas for Smart Vending Machines market. Dairy, especially school, accounted for 21.54% of total market share, followed by airport (20%) and railway station (19.14%).

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2. Global Smart Vending Machines Market

The Smart Vending Machines market was valued at 720 Million US$ in 2018 and is projected to reach 1540 Million US$ by 2025, at a CAGR of 9.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Smart Vending Machines.The largest consumption area is Europe, North America and Japan which are much matured market. For emerging economies, like China, Smart Vending Machines technology is rapidly improving.Although sales of Smart Vending Machines brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into this field.

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