Press release
Intelligent Vending Machines Market Size Expected to Reach $1965.5 Million by 2027
The global Intelligent Vending Machines market size is projected to reach US$ 1965.5 million by 2027, from US$ 1011.2 million in 2020, at a Compound Annual Growth Rate (CAGR) of 9.7% during 2021-2027. Intelligent Vending Machines now represent a new breed of vending machines 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.
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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 and Fuhong Vending are the key players of Intelligent Vending Machines, with about 84% market shares.
Airport, railway station, school, and business Center are the main application areas for the Smart Vending Machines market. Dairy, especially school, accounted for 21.54% of total market share, followed by airports (20%) and railway stations (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.
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Top Major Players in the Intelligent Vending Machines Market
o Fuji Electric
o Crane Merchandising Systems
o Sanden
o N&W Global Vending
o Seaga
o Royal Vendors
o Azkoyen
o Sielaff
o Bianchi Vending
o Jofemar
o FAS International
o Automated Merchandising Systems
o Deutsche Wurlitzer
o TCN Vending Machine
o Fuhong Vending
o Others
Intelligent Vending Machines Market by Type
o Beverage
o Commodity
o Food
o Others
Intelligent Vending Machines Market by
Application
o Airport
o Railway Station
o School
o Business Center
o Others
Intelligent Vending Machines Market by Region
o United States
o Europe
o China
o Japan
o Other Regions
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