Press release
Payment Machine Mounting Systems Market Emerging Growth, Future Prospects Forecast to 2027 | Apollo Electronics Co., Ltd., LUMI LEGEND CORP, Atdec Pty Ltd, Diwei Industrial Co., Ltd.
Payment Machine Mounting Systems Market
The adoption of POS solutions in the retail, healthcare, and hospitality industries is increasing, which is impacting the implementation of payment machine mounting systems, such as adapters, cash drawers, and trays. In retail outlets, POS solutions are deployed to ensure quick payment receipts. The POS solutions are gaining momentum in the retail industry as they ensure safe and secure transactions while saving time of customers. Rise in the number of retail outlets, hospitals, pubs, and restaurants worldwide is one of the major factors propelling the use of POS solutions and related products, such as mounting stands.
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The List of Companies - Payment Machine Mounting Systems Market
1. Apollo Electronics Co., Ltd.
2. Atdec Pty Ltd
3. Diwei Industrial Co., Ltd.
4. ENS-CO
5. Ergonomic Solutions
6. HPC System
7. Innovative Office Products, LLC
8. Lumi Legend Corporation
9. MMF POS
10. TechPole
The retail companies having online presence are putting additional efforts on expanding their imprints through physical stores. Also, changing lifestyle and eating habits of individuals have resulted in the rise in number of restaurants and pubs worldwide. Moreover, increase in construction of hospitals worldwide is another aspect playing a pivotal role in boosting the penetration of POS solutions and mounting systems. Moreover, the construction of retail stores and hospitals in the emerging economies of APAC is projected to provide growth opportunities to the payment machine mounting system providers.
Payment Machine Mounting System Market Segmentation:
o By Type
o POS Mount
? Fixed Payment Mount
? Drive Extension Arm Payment Mount
o By EndUsers
o Retail Stores
o Restaurant and Pubs
o Hotels
o Hospitals
COVID-19 Impact on Payment Machine Mounting Systems Market
According to the World Health Organization (WHO) report, the US, Spain, Italy, France, Germany, the UK, Turkey, Iran, China, and Russia are among the worst-affected countries by the COVID-19 outbreak. The COVID-19 crisis is affecting the industries worldwide, and the global economy is anticipated to experience the worst hit in 2020 and 2021. The outbreak has created significant disruptions in primary industries such as consumer electronics, semiconductor, automotive, and IT infrastructure.
All these industries are crucial for the growth of global payment machine mounting systems market as they generate a major demand for these systems. The factory shutdowns, travel bans, trade bans, and border lockdowns to combat and contain the outbreak have impacted both manufacturing and sales of various consumer electronic products and components. The global electronics and semiconductor industry is one of the major industries that is suffering serious disruptions due to interrupted supply chains and manufacturing shutdowns.
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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Electronics and Semiconductor s, Pharmaceuticals, Chemicals and Materials, Automotive and Transportation, Aerospace and Defense, Electronics and Semiconductors, Technology, Media, and telecommunication, Manufacturing and Construction.
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