North America Vending Machines Market Research and Forecast 2020-2026

The North America vending machines market is anticipated to grow with a considerable CAGR of 5.2% during the forecast period (2020-2026). The growth of the market across the region is primarily influenced by the increasing demand for vending machines from various verticals including retail, healthcare, hospitality, corporates among others. Additionally, the integration of various technological advancements in vending machines such as the face recognition system is anticipated to increase market growth across the region. In addition to this, the adoption of vending machines is also rising among businesses to save significant revenue on operations of services.

A full report of North America Vending Machines Market is available at: https://www.omrglobal.com/industry-reports/north-american-vending-machines-market

A vending machine is equipped with various features to improve the interface of the system such as mobile payment, touchscreen, enhanced security with anti-theft cameras, and speech processing. Due to this, they are more user-friendly, and profit offering. Moreover, the chances of theft also become lower. Besides, the rising investment in the advancements of technology and designing systems, which will enable a more interactive user experience will also provide a new opportunity to the market during the forecast period.

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Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered-
o By Type
o By Product
o By Application
• Region Covered-
o North America
• Competitive Landscape- Crane Merchandising Systems, USA Technologies, Inc., American Vending Machines, Continental Vending Inc., Evoca Group

Key questions addressed by the report

• What is the market growth rate?
• Which segment and country dominate the market in the base year?
• Which segment and country will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected country and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

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North America Vending Machines Market Report Segment

By Type

• Traditional Vending Machines
• Micro Markets

By Product

• Food & Snacks
• Beverages
• Others

By Application

• Public Places
• Supermarket/ Retail Stores
• Offices/Institutions
• Other

Company Profiles

• American Vending Machines Inc.
• Continental Vending Inc.
• Crane Merchandising Systems (Crane Co.)
• Diebold Nixdorf, Inc.
• Evoca Group
• FAS International
• Luigi Lavazza SPA
• Royal Vendors, Inc.
• Wurth Industry of North America LLC

Media Contact:

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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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This release was published on openPR.