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.
Smart vending Machine 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%).
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.
The Smart Vending Machines market was valued at 720 Million US$ in 2017 and is projected to reach 1540 Million US$ by 2025, at a CAGR of 9.9% during the forecast period. 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 Smart Vending Machines.
The following manufacturers are covered in this report:
Crane Merchandising Systems
N&W Global Vending
Automated Merchandising Systems
TCN Vending Machine
Smart Vending Machines Breakdown Data by Type
Smart Vending Machines Breakdown Data by Application
Smart Vending Machines Production by Region
Smart Vending Machines Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Smart Vending Machines status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Smart Vending Machines manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
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 Smart Vending Machines :
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 (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Smart Vending Machines 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.