Intelligent Vending Machine Market to Register 34.41% CAGR to 2022, Expects Infiniti Research in Its Report Published at MarketPublishers.com19 Dec 2017 • by Natalie Aster
LONDON – Vending machines find application in the automatic retailing industry to dispense such products as snacks, beverages, cigarettes, lottery tickets, and other consumer items after feeding the required amount into the machine. To date, there are a slew of optimised and modernised vending machines with a range of technologies like in-line displays, cashless payments, and telemetering systems. They are primarily installed in hospitals, public facilities, airports, and autogas stations.
Amid the prominent players in the industry one can name Crane, Coin Acceptors, Fuji Electric, and Royal Vendors. Other key vendors comprise American Vending Machines, Bulk Vending Systems, Continental Vending, Compass Group (Canteen), and Fresh Healthy Vending International.
Worldwide, the intelligent vending machine market is expected to gain good momentum posting a 34.41% CAGR through to 2022. The market is primarily driven by the soaring demand for cashless vending machines globally. The ability to collect data in real-time through intelligent vending machines is one of the major trends in the market. However, high costs of initial investment and maintenance activities could pose a challenge to the growth of the sector.
Discounted research report “Global Intelligent Vending Machine Market 2018-2022” elaborated by Infiniti Research provides a comprehensive, granular analysis of the actual scenario and future growth path of the market worldwide.
The study offers an overview of the market ecosystem, describes the market characteristics. The report gives true estimates of the market size by examining revenue obtained from the sales of intelligent vending machines; covers the growth rates of the market; includes detailed market size forecasts to 2022. It includes a detailed breakdown of the market by product, installations site, and region-wise. The research study takes a look at the trends prevailing in the market, canvasses key factors fuelling and restraining the sector’s growth, and keeps track of the major market challenges. The report research provides an extensive analysis of the competitive scenario, and includes comprehensive profiles of the dominant market participants and other major vendors.
Please, note that this report is offered at a discounted price till December 31, 2017!
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