Smart Vending Machines Market to Witness Huge Growth from 2019-2024 and Focusing on Top Key Players - Fuji Electric, Crane Merchandising Systems, Sanden, N&W Global Vending, Seaga, Royal Vendors, Azkoyen

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.

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Top Key Players in the Smart Vending Machines Market: -
Fuji Electric, Crane Merchandising Systems, Sanden, N&W Global Vending, Seaga, Royal Vendors, Azkoyen, Sielaff, Bianchi Vending, Jofemar, FAS International, Automated Merchandising Systems, Deutsche Wurlitzer, TCN Vending Machine, Fuhong Vending,

According to this study, over the next five years the Smart Vending Machines market will register a 11.8% CAGR in terms of revenue, the global market size will reach US$ 1410 million by 2024, from US$ 720 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Smart Vending Machines business, shared in Chapter 3. This report presents a comprehensive overview, market shares, and growth opportunities of Smart Vending Machines market by product type, application, key manufacturers and key regions and countries.
This study considers the Smart Vending Machines value and volume generated from the sales of the following segments:

Major Types of Smart Vending Machines Market covered are:
Beverage
Commodity
Food
Others

Major Applications of Smart Vending Machines Market covered are:
Airport
Railway Station
School
Business Center
Others

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Smart Vending Machines Market Size
2.2 Smart Vending Machines Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Smart Vending Machines Market Size by Manufacturers
3.2 Smart Vending Machines Key Players Head office and Area Served
3.3 Key Players Smart Vending Machines Product/Solution/Service
3.4 Date of Enter into Smart Vending Machines Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Smart Vending Machines Sales by Product
4.2 Global Smart Vending Machines Revenue by Product
4.3 Smart Vending Machines Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Smart Vending Machines Breakdown Data by End User

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Research objectives

- To study and analyze the global Smart Vending Machines consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Smart Vending Machines market by identifying its various subsegments.
- Focuses on the key global Smart Vending Machines manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Smart Vending Machines with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Smart Vending Machines submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.

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This release was published on openPR.