North America Intelligent Vending Machines Market Analysis and Forecast, 2019-2028

The North America intelligent vending machines market was valued at US$ 9.2 billion in 2022 and is expected to grow at a significant CAGR of over 12.8% over the forecast period of 2023-2028.
The rise in popularity of vending machines at workplaces, airports, malls, schools, and other public areas, as well as the rising need for self-service technology, IoT adoption, and AI acceptance, are all contributing to the market's expansion.

Market Scope and Report Overview

According to a deep-dive market assessment by RationalStat, the North America intelligent vending machines market has been analyzed based on market segments, including type, mounting type, temperature setting, technology, payment method, end user, and geography/regions (incl. North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2022-2028.

Market intelligence for the North America Intelligent vending machines market covers market sizes on the basis of market value (US$/EUR Million) and volume ('000 units/tons/liters) by various products/ services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

In addition, the long-term sector and products/services 10-year outlook and its implications on the North America intelligent vending machines market. It also includes the industry's current state - Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

Period Covered include data for 2019-2028 along with year-wise demand estimations

The North America intelligent vending machines market report analyzes the market on the basis of global economic situations, regional geopolitics, import-export scenarios, trade duties, market developments, organic and inorganic strategies, mergers and acquisitions, product launches, government policies, new capacity addition, technological advancements, R&D investments, and new market entry, replacement rates, penetration rates, installed base/fleet size, global and regional production capacity, among others.

RationalStat offers market analysis and consulting studies on the basis of dedicated and robust desk/secondary research supported by a strong in-house data repository. In addition, the research leverages data based on the real-time insights gathered from primary interviews. Market estimations and insights are based on primary research (covering more than 240 entities) and secondary research by leveraging international benchmarking.

The North America intelligent vending machines market report also covers a value chain and supply chain analysis that provides in-depth information about the value chain margins and the role of various stakeholders across the value chain. Market dynamics provided in the market study include market drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.

In the competition analysis section, the North America intelligent vending machines market provides a detailed competition benchmarking analysis based on the market share of the leading companies/brands/ producers/suppliers, a market structure overview with detailed company profiles of more than 25 players with their financials, product/service offerings, major developments, business models, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.

Explore more about this report - Request for Sample and Scope of the Study
https://store.rationalstat.com/store/north-america-intelligent-vending-machines-market/#tab-ux_global_tab

Macroeconomic Scenario and the Impact of COVID-19 on Regional Economic Sentiment

In the latest RationalStat analysis, geopolitical conflicts and inflation are the cited economic risks, while concerns about the volatility across energy sectors prevail in Europe and other parts of the world. Some of the potential risks to the economic growth in the leading regions, including Asia Pacific, Europe, North America, the Middle East & Africa, and other developing regions, are inflation, volatile energy prices, supply chain disruptions, geopolitical instability, labor shortages, rising interest rates, and COVID-19 pandemic.

The global economy experienced heavy headwinds, throughout 2019-2021, as some countries witnessed subdued growth, while other countries continued to grapple with economic slowdowns. The COVID-19 pandemic has levied undue pressure across the majority of industries globally and has caused a major economic crisis in the US, India, Italy, the UK, Germany, India, Japan, South Korea, the UK, and many others. Besides, the exit of the UK from the European Union earlier in 2020 and the Russo-Ukraine war in 2022 exacerbated the ever-heightened global uncertainty.

In addition to this, the global economic growth slowed in 2022 to 3.3%, weaker than expected at the end of 2021, mainly weighed down by Russia's war in Ukraine and the associated cost-of-living crisis in many countries. However, improvement in economic activities during the forecast period is expected. Growth is projected to remain at lower rates in 2023 and 2024, at 2.6% and 2.9% respectively.

Competition Analysis and Market Structure

These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players.

• In March 2023, Crane Merchandising Systems and Vending.com announced a partnership to provide vending machines with contactless payment options.
• In February 2023, Fuji Electric launched a new line of smart vending machines with facial recognition payment capabilities.

Some of the prominent players that contribute significantly to the intelligent vending machines market growth include Vagabond Vending LLC, Smartvend (Canonigo Enterprise LLC), Vengo Inc., Velocity, 365 Retail Markets, AAEON Technology Inc., Silkron, FAS INTERNATIONAL SRL, SEAGA MANUFACTURING, INC., Fuji Electric Co., Ltd, and Digital Media Vending International, LLC among others.

RationalStat has segmented the North America intelligent vending machines market based on type, mounting type, temperature setting, technology, payment method, end user, and region
• Global Intelligent Vending Machines Market Value (US$ Million), Volume ('000 units/tons), and Market Share (2022-2028) Analysis by Type
o Food Vending Machines
o Beverages Vending Machines
o Candy/Snacks Vending Machines
o Tobacco Vending Machines
o Others (Personal care and Hygiene Vending Machines, etc.)
• Global Intelligent Vending Machines Market Value (US$ Million), Volume ('000 units/tons), and Market Share (2022-2028) Analysis by Mounting Type
o Wall-Mounted
o Free-Standing
o Others (Wheels or Appliance Casters, etc.)
• Global Intelligent Vending Machines Market Value (US$ Million), Volume ('000 units/tons), and Market Share (2022-2028) Analysis by Temperature Setting
o Ambient
o Combo (Refrigerator and Non-Refrigerator)
o Refrigerated
o Hot
o Frozen
• Global Intelligent Vending Machines Market Value (US$ Million), Volume ('000 units/tons), and Market Share (2022-2028) Analysis by Technology
o Keypad
o Touchscreen
o Mobile app-based
• Global Intelligent Vending Machines Market Value (US$ Million), Volume ('000 units/tons), and Market Share (2022-2028) Analysis by Payment Method
o Cash
o Coin Acceptor
o Coin Changer
o Cashless
 Card Machines
 UPI or QR Payment
• Global Intelligent Vending Machines Market Value (US$ Million), Volume ('000 units/tons), and Market Share (2022-2028) Analysis by End User
o Enterprises and Business Spaces
o Schools & Educational Facilities
o Hospitals & Clinics
o Hotels, Restaurants, and Cafes
o Retail Stores/Supermarkets/Hypermarkets
o Event Spaces & Community Buildings
o Airports
o Railway Stations
o Bus Stations
o Smart Homes & Cities
o Others
• Global Intelligent Vending Machines Market Value (US$ Million), Volume ('000 units/tons), and Market Share (2022-2028) Analysis by Region
• North America Global Intelligent Vending Machines Market
 US
 Canada

• Leading Companies and Market Players
o Vagabond Vending LLC
o Smartvend (Canonigo Enterprise LLC)
o Vengo Inc.
o Velocity
o 365 Retail Markets
o AAEON Technology Inc.
o Silkron
o FAS INTERNATIONAL SRL
o SEAGA MANUFACTURING, INC.
o Fuji Electric Co., Ltd
o Digital Media Vending International, LLC

For more information about this report https://store.rationalstat.com/store/north-america-intelligent-vending-machines-market/

Key Questions Answered in the Intelligent Vending Machines Report
• What will be the market value of the North America intelligent vending machines market by 2028?
• What is the market size of the North America intelligent vending machines market?
• What are the market drivers of the North America intelligent vending machines market?
• What are the key trends in the North America intelligent vending machines market?
• Which is the leading region in the North America intelligent vending machines market?
• What are the major companies operating in the North America intelligent vending machines market?
• What are the market shares by key segments in the North America intelligent vending machines market?

Some Related Reports:
https://store.rationalstat.com/store/global-combat-boots-market/
https://store.rationalstat.com/store/global-subscription-box-market/
https://store.rationalstat.com/store/global-blinds-shades-market/

Kimberly Shaw,
Content and Press Manager
RationalStat LLC
sales@rationalstat.com
Phone: +1 302 803 5429

RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

This release was published on openPR.