Global Vending Machine Market Overview
The vending machines are portable automatic machines that dispense different products when money is inserted. Developing countries have adopted vending machines which are very convenient to use. Vending machine technology continues to provide latest advancements such as face recognition systems, and ID card identification to check the buying history of customers, thereby ushering an era of technologically advanced vending machines. The use of vending machines helps companies in strengthening their pricing power, while improving on their operating margins. Customers also remain benefited with the right product mix offered by the companies. This would help companies to increase their sales per transaction. The demand for vending machines has increased during the decade and with the introduction of cashless payment systems, the smart vending technology solutions are gaining the momentum on a large scale.
Global Vending Machine Market Trends
The demand for self-service machines and automated devices, wireless communication, technology advancements and remote management are some of the notable factors driving the global Vending Machine market. Increasing urbanization and rising disposable income have fuelled the growth of vending machines. Governments of various regions restricted the use of food and beverage vending machines in many places such as schools, and colleges, thereby limiting the demand for these machines. However, companies have started introducing technologically advanced products under the strict adherence to the government regulations. Biometrics for self-service products helped consumers to experience secure and safe transactions.
Global Vending Machine Market Segmentation
Vending Machine market is segmented into Beverage Vending Machine, Candy Vending Machine, Snacks Vending Machine, Gumball Vending machine, Cigarette Vending Machine and Specialized Vending Machines. Beverage vending machines have dominated the overall vending machine market in terms of revenue generation, followed by the snacks vending machine throughout the analysis period. The maximum growth is witnessed in specialized vending machine; this segment would grow with the maximum CAGR during the forecast period (2016-2022). Based on the solution type, the global vending machine market is segmented into deployment type and managed services type. In 2014, deployment segment dominated the global kiosk market. The report also highlights the market of vending machine across different geographies which include North America, Europe, Asia-Pacific and LAMEA (Latin America, Middle East and Africa).
Global Vending Machine Market Players
The report covers the analysis of key stake holders of the vending machine market. Key companies profiled in the report include Azkoyen Group, Compass Group, Plc., Honeywell International, Inc., Aramark Corporation, Fujitsu Limited, Hitachi Ltd. and others.
Global Vending Machine Market Research Report - TOC
Chapter 1. Introduction
1.1 Executive Summary
1.2.1 Global Vending Machine Market, By Product Type
1.2.2 Global Vending Machine Market, By Solution Type
1.2.3 Global Vending Machine Market, By Geography
1.3 Methodology for the research
Chapter 2. Market Overview
2.1 Market Definition
2.3 Market Scope
2.4 Drivers, Restraints and Opportunities
2.4.1 Market Drivers
2.4.2 Market Restraints
2.4.3 Market Opportunities
Chapter 3. Market by Type
3.2 Beverage Vending Machine Market
3.3 Candy Vending Machine Market
3.4 Snacks Vending Machine Market
3.5 Gumball Vending Machine Market
3.6 Cigarette Vending Machine Market
3.7 Specialized Vending Machine Market
Chapter 4. Market By Solution Type
4.2 Vending Machine Deployment Market
4.3 Vending Machine Managed Services Market
Chapter 5. Market By Geography
5.2 North America
5.2.1 United States
5.2.4 Rest of North America
5.3.7 Rest of Europe
5.4.4 South Korea
5.4.7 Rest of Asia-Pacific
5.5.4 Saudi Arabia
5.5.5 South Africa
5.5.7 Rest of LAMEA
Chapter 6. Company Profiles
6.1 Azkoyen Group
6.2 Compass Group, Plc.
6.3 Aramark Corporation
6.4 Bianchi Vending Group S.p.A.
6.5 Honeywell International, Inc.
6.6 Fujitsu Limited
6.7 Hitachi, Ltd
6.8 IBM Corporation
Global Vending Machine Market Research Report Scope
By Product Type
Beverage Vending Machine
Candy Vending Machine
Snacks Vending Machine
Gumball Vending Machine
Cigarette Vending Machine
Specialized Vending Machine
By Solution Type
Rest of NA
Rest of EU
Rest of APAC
Latin America, Middle East and Africa (LAMEA)
Rest of LAMEA
Compass Group, Plc.
Bianchi Vending Group S.p.A.
Honeywell International, Inc.
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