Rapid consumer adoption of OPTs, widening EV charging infrastructure penetration, and regulatory initiatives are propelling the Outdoor Terminal Market in New Zealand: Ken Research

July 2022 | New Zealand News

Shift from Traditional OPT Terminals to Sustainable and Reliable OPTs: The current OPTs eliminate the POS machine end user's pain points. The purpose of new OPT systems is to increase service uptime, decrease maintenance, and improve serviceability of the terminals so that they can operate continuously and without interruption around-the-clock. These systems can also tolerate a variety of challenging outside ambient climatic conditions, including temperature, water and dust resistance, and corrosion resistance.

New Zealand Outdoor Payment Terminal Market Growth Strategy

Push Towards EMV Compliance: Compared to credit cards with magnetic stripes, those with EMV chip technology can store far more data since they can store encrypted data and assist prevent in-store payment fraud. According to the compliance, all businesses must be EMV chip-enabled as of October 14, 2020, with the exception of those that use unattended cardholder-activated terminals (UCAT). By October 14, 2022, UCAT retailers must support EMV. Using NFC radio wave technology and compatible EMV readers, EMV technology enables customers to securely make purchases using their smartphones and other smart devices.

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Promising Government Initiatives: Government of New Zealand is making it easier and more affordable for New Zealanders across the country to drive zero-emission vehicles (ZEVs). The Government of New Zealand is making investments to support the transformation towards electrification, including $41 Mn for the Low Emission Transport Fund, $42 Mn for government agencies to lease low-emission vehicles, and $302 Mn for Incentivizing Uptake of Low-Emission Vehicles. New Zealand Transport Agency (NZTA) and greening government operations will lead the increase in procurement of electrical fleet vehicles installation of EV Charging Stations This will generate the development of more EV Charging Stations, hence, OPTs at these stations.

The report "New Zealand Outdoor Payment Terminal Market Outlook to 2025F - Driven by Increasing Penetration of Electric Vehicle Charging Infrastructure and Growing Adoption of OPTs Among the Consumers" by Ken Research provides a comprehensive analysis of the potential of Outdoor Payment Terminal Industry in New Zealand. The report also covers overview and genesis of the industry, market size in terms of installed base of OPTs; Adoption rate of OPTs on the basis of consumer behavior; growth enablers and drivers, challenges and bottlenecks, Industry disruption technologies; regulatory framework; product comparison of different OPT brands, market shares of major OPT providers on the basis of installed base of OPTs. The report concludes with long term outlook Assessing the growth in Petroleum and Convenience Retail and EV Charging Stations.

Key Segments Covered

New Zealand Outdoor Payment Market Sizing Analysis:
By Total Sales of installed base of OPTs, 2021-2025F
By Y-o-Y Sales of installed base of OPTs, 2021-2025F
By Adoption Rate of OPTs on the basis of Consumer Behavior, 2021-2025F
Assessing the Growth in Petroleum Convenience Stores, 2020-2025F
Assessing the Growth in EV Charging Stations, 2020-2025F

Key Target Audience
Outdoor Payment Terminal Providers
Outdoor Payment Terminal Distributors
Payment Processing Companies
Payment Switch Companies
Fueling Stations
Convenience Stores
EV Charging Stations
Research organizations and consulting companies
Government bodies such as regulating authorities and policy makers
Organizations, forums and alliances related to OPT Terminal

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Time Period Captured in the Report:
Base Year: 2021
Forecast Period: 2021- 2025F

Companies Covered:
OPT Providers
Gilbarco Veeder-Root
Ingenico
NCR
Invenco
Compac

Key Topics Covered in the Report

New Zealand Outdoor Payment Terminal Market Future Outlook
Supply Side Ecosystem of New Zealand Outdoor Payment Terminal Market
Demand Side New Zealand Outdoor Payment Terminal Market
Snapshot on New Zealand EV Station Market
Snapshot of New Zealand Fuel Stations Market
Value Chain Analysis OPT Payment Terminal Manufacturing Industry in New Zealand
Enablers and Growth Drivers in New Zealand Outdoor Payment Terminal Market
Major Challenges and Bottlenecks in New Zealand Outdoor Payment Terminal Market
Entry Barriers in New Zealand Outdoor Payment Terminal Market
Regulatory Framework New Zealand Outdoor Payment Terminal Market
End User Analysis of New Zealand Outdoor Payment Terminal Market
Competitive Landscape in New Zealand Outdoor Payment Terminal Market
Market Share of Major OPT Providers in New Zealand Outdoor Payment Terminal Market
Detailed Analysis on New Zealand Outdoor Payment Terminal Market (Market Size of Total Sales of OPTs on the basis of installed base, 2021-2025F; Adoption Rate of OPTs on the basis of Consumer Behavior, 2021-2025F, Assessing the Growth in PCR and EV Charging Stations, 2020-2025F)
Long Term Outlook for New Zealand Outdoor Payment Terminal Market

Related Reports
https://www.kenresearch.com/manufacturing-and-construction/machinery-and-parts/outdoor-payment-terminal/228803-97.html

https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/virtual-payment-terminals/310100-93.html

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