Press release
Intelligent Vending Machine Market will positively impact by adoption of the snack & coffee dispensing solutions at offices
Intelligent Vending Machine Market
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Food dispensing machines are predicted to witness a high demand from several application areas in the intelligent vending machine market. The adoption of these smart solutions in retail & restaurant outlets is growing rapidly. Manufacturers operating are offering different types of dispensing solutions depending upon the food item being served. Several types of food dispensing solutions include snacks, vegetables, ice creams, cakes, fruits, and candy vending machines. The retail industry is installing such technologies based on products that need to be stored in outlets. Snack dispensing solutions are the most widely adopted solutions in the vending machine market.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Azkoyen Group
2. Bianchi Industry SpA
3. Continental: Dining • Refreshment Services • Events
4. Crane Merchandising Systems
5. Fuji Electric Corp. of America
6. Jofemar Corp.
7. SandenVendo America, Inc.
Chapter 3. Intelligent Vending Machine Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Technology providers
3.3.3. Manufacturers
3.3.4. System integrators
3.3.5. Distribution channel analysis
3.3.6. Vendor matrix
3.4. Technology & innovation landscape
3.4.1. Impact of IoT and machine learning
3.4.2. Biometric technologies
3.4.2.1. Facial recognition
3.4.2.2. Iris recognition
3.4.3. Payment technology
3.4.4. Cloud technology
3.4.5. Connectivity technology
3.5. Regulatory landscape
3.5.1. North America
3.5.2. Europe
3.5.3. Asia Pacific
3.5.4. Latin America
3.5.5. MEA
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Increasing penetration of self-service technology across North America
3.6.1.2. Rising demand for cashless systems in Europe
3.6.1.3. Increasing number of retail outlets in Asia Pacific
3.6.1.4. Rising economic stability and globalization in Latin America
3.6.1.5. Growing adoption of reverse vending machine in MEA
3.6.2. Industry pitfalls & challenges
3.6.2.1. Rising security issues
3.6.2.2. Prohibition of the sale of tobacco products in several regions
3.7. Growth potential analysis
3.8. Porter's analysis
3.8.1. Supplier power
3.8.2. Buyer power
3.8.3. Threat of new entrants
3.8.4. Threat of substitutes
3.8.5. Internal rivalry
3.9. Competitive landscape, 2017
3.9.1. Company market share analysis
3.9.2. Strategic dashboard
3.10. PESTEL analysis
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A rise in the demand for smart dispensing solutions in several industrial segments including public transportation and entertainment is predicted to propel the industrial demand. With growing urbanization, theaters and fun zones are incorporating modern technologies in their facilities to attract customers. The competition in the industry is based on the quality of services being offered to customers that will enhance their satisfaction levels. With the adoption of smart dispensing solutions, these companies are able to cater their products to a wide range of customers, meet consumer requirements, and manage queues. Such factors are encouraging these application segments to transform their traditional techniques to intelligent solutions, thereby accelerating the intelligent vending machine market.
The Asia Pacific intelligent vending machine market will expand at a rapid pace over the coming years due to growing digitalization and urbanization trends in several economies including India, China, and Japan. Increasing customer crowd in retail, restaurant, and entertainment sectors is encouraging store owners to implement advanced technologies that will help in customer engagement, thereby driving sales and profitability. Moreover, the rising trend of automation in business operations is a major factor propelling the growth of the intelligent vending machines market.
Key players operating in the intelligent vending machine market are American Vending Machines, Automated Merchandising Systems, Inc., Azkoyen Group, Bianchi Industry SpA, Bulk Vending Systems, Compass Group, Continental: Dining • Refreshment Services • Events, Crane Merchandising Systems, FAS INTERNATIONAL S.P.A., Fuji Electric Corp. of America, Jofemar Corp., Royal Vendors Inc., SandenVendo America, Inc. and SEAGA Group Australia Pty. Ltd.
Browse key industry insights spread across 150 pages with 251 market data tables & 22 figures & charts from the report, Intelligent Vending Machine Market in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/intelligent-vending-machine-market
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