Market Research Report
Global Vending Machine Market 2020-2024
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||938075|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Global Vending Machine Market 2020-2024|
|Published: May 15, 2020||Content info: 120 Pages||
Technavio has been monitoring the vending machine market and it is poised to grow by USD 9.82 bn during 2020-2024 progressing at a CAGR of 11% during the forecast period. Our reports on the vending machine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing popularity of vending machines and demand for cashless vending machines. In addition, demand for intelligent vending machines from the retail industry is anticipated to boost the growth of the market as well.
The vending machine market analysis includes product segment and geographic landscape.
Technavio's ‘vending machine market ’ is segmented as below:
By Geographic Landscape:
This study identifies the rising customization in vending machines as one of the prime reasons driving the vending machine market growth during the next few years. Also, real-time data collection capabilities of intelligent vending machines and tie-ups between retailers and manufacturers will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our vending machine market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vending machine market vendors that include Azkoyen SA, Compass Group Plc, Crane Co., FAS International Srl, Fuji Electric Co. Ltd., Glory Ltd., Orasesta Spa, Royal Vendors Inc., Sanden Retail System Co. Ltd., and Westomatic Vending Services Ltd. Also, the vending machine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.