The Vending Machine Market is expected to be around US$ 68.65 Billion by 2027 at a CAGR of 9.96% in the given forecast period.
Vending machines are devices used for the determination of dispensing products such as tobacco products, food products, beverages productsand others. Vending machines are used at institutional buildings, restaurants & clubs, offices, residents, and others. Manufacturers are launching anddeveloping internet of things based vending machines. This has enabled real-time data gathering and an end-to-end IoT service to better monitor the machines.Moreover, innovations, such as interactive display system, voice recognitionand big data integration, have made it more convenient and user-friendly for consumers, thereby creating a positive impact on the vending machines market development. Rising demand for on-the-go snacks, drinks, etc. due to a hectic lifestyle is boosting product sales. The development can also be attributed to the machine’s ability to deliver goods quickly making it an extremely convenient option for consumers.Also, elasticity, in terms of location, i.e., indoor or outdoor coupled with the option to work the machines 24/7 without any manual intervention makes them ideal for use in offices and commercial and public areas. Vending machines are highly effective as they help save labour costs, which is also driving their demand.
The global Vending Machine market is segregated on the basis of Type as Food Vending Machine, Beverages Vending Machine, Tobacco Vending Machine, and Others. Based on Application the global Vending Machine market is segmented in Hotels & Restaurants, Corporate Offices, Public Places, and Others. Based on Technology the global Vending Machine market is segmented in Automatic Machine, Semi-automatic Machine, and Smart Machine.
Based on Sales Channel, the global Vending Machine market is segmented in Online and Offline.
The global Vending Machine market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Vending Machine market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Azkoyen Group, R.S. Hughes Co., Inc., Crane Merchandising Systems, Fuji Electric, GLORY, Sanden Corporation, Wurth Industry North America, Diebold Nixdorf, Mars, Incorporated, Cardinal Distributing Co. Inc, and others are among the major players in the global Vending Machine market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Vending Machine Market has been segmented as below:
Vending Machine Market, By Type
Vending Machine Market, By Application
Vending Machine Market, By Technology
Vending Machine Market, By Sales Channel
Vending Machine Market, By Region
Vending Machine Market, By Company
The report covers:
Report Scope:
The global Vending Machine market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Vending Machine market share. Major industry players with significant revenue share include Azkoyen Group, R.S. Hughes Co., Inc., Crane Merchandising Systems, Fuji Electric, GLORY, Sanden Corporation, Wurth Industry North America, Diebold Nixdorf, Mars, Incorporated, Cardinal Distributing Co. Inc, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Challenges
5. Vending Machine, By Type
5.1. Key Points
5.2. Food Vending Machine
5.3. Beverages Vending Machine
5.4. Tobacco Vending Machine
5.5. Others
6. Vending Machine, By Application
6.1. Key Points
6.2. Hotels & Restaurants
6.3. Corporate Offices
6.4. Public Places
6.5. Others
7. Vending Machine, By Technology
7.1. Key Points
7.2. Automatic Machine
7.3. Semi-automatic Machine
7.4. Smart Machine
8. Vending Machine, By Sales Channel
8.1. Key Points
8.2. Online
8.3. Offline
9. Competitive Landscape
9.1. Introduction
9.2. Recent Developments
9.2.1. Mergers & Acquisitions
9.2.2. New Product Developments
9.2.3. Portfolio/Production Capacity Expansions
9.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.2.5. Others
10. Company Profiles
10.1 Azkoyen Group.
10.1.1 Company Overview
10.1.2 Product/Service Landscape
10.1.3 Financial Overview
10.1.4 Recent Developments
10.2 R.S. Hughes Co., Inc.
10.2.1 Company Overview
10.2.2 Product/Service Landscape
10.2.3 Financial Overview
10.2.4 Recent Developments
10.3 Crane Merchandising Systems
10.3.1 Company Overview
10.3.2 Product/Service Landscape
10.3.3 Financial Overview
10.3.4 Recent Developments
10.4 Fuji Electric
10.4.1 Company Overview
10.4.2 Product/Service Landscape
10.4.3 Financial Overview
10.4.4 Recent Developments
10.5 GLORY
10.5.1 Company Overview
10.5.2 Product/Service Landscape
10.5.3 Financial Overview
10.5.4 Recent Developments
10.6 Sanden Corporation
10.6.1 Company Overview
10.6.2 Product/Service Landscape
10.6.3 Financial Overview
10.6.4 Recent Developments
10.7 Wurth Industry North America
10.7.1 Company Overview
10.7.2 Product/Service Landscape
10.7.3 Financial Overview
10.7.4 Recent Developments
10.8 Diebold Nixdorf
10.8.1 Company Overview
10.8.2 Product/Service Landscape
10.8.3 Financial Overview
10.8.4 Recent Developments
10.10 Mars, Incorporated
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
10.10 Cardinal Distributing Co. Inc
10.10.1 Company Overview
10.10.2 Product/Service Landscape
10.10.3 Financial Overview
10.10.4 Recent Developments
The Vending Machine Market has been segmented as below:
Vending Machine Market, By Type
Vending Machine Market, By Application
Vending Machine Market, By Technology
Vending Machine Market, By Sales Channel
Vending Machine Market, By Region
