Amid the COVID-19 crisis, the global market for Intelligent Vending Machines estimated at US$6.5 Billion in the year 2020, is projected to reach a revised size of US$17.1 Billion by 2027, growing at a CAGR of 14.8% over the analysis period 2020-2027. Hot Drinks, one of the segments analyzed in the report, is projected to record a 15.3% CAGR and reach US$6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Soft Drinks segment is readjusted to a revised 16% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 14.2% CAGR
The Intelligent Vending Machines market in the U.S. is estimated at US$1.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2027 trailing a CAGR of 14.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.4% and 12.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.
Snack & Food Segment to Record 14% CAGR
In the global Snack & Food segment, USA, Canada, Japan, China and Europe will drive the 13.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.2 Billion in the year 2020 will reach a projected size of US$2.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2 Billion by the year 2027.We bring years of research experience to this 18th edition of our report. The 151-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Azkoyen Group
- Cantaloupe Systems Inc.
- Crane Co.,
- FAS International SpA
- Fuji Electric Co., Ltd.
- Intel Corporation
- N&W Global Vending SPA
- SandenVendo America, Inc.
- Seaga Manufacturing, Inc.
- USA Technologies Inc.
- VE Global Vending, Inc
- Westomatic Vending Services Ltd.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Intelligent Vending Machines: A Digital Transformation in Vending
Market Drivers for IVM
Recent Market Activity
Current & Future Analysis
Developed Markets: Early Adopters of Intelligent Vending
Developing Countries to Drive Future Growth
Barriers and Challenges
Cashless Payments Add Appeal
Data Analytics Redefine Vending Business Model
MicroMarket Vending - An Expanding Concept
Advanced Platforms for Intelligent Vending Machines
Companies Explore New Opportunities with Biometric Technologies
Gamification and Geo-fencing - Extending Frontiers in Vending Machine Industry
Digital Signage Systems Enhance Appeal of IVM
AI in Machines to Offer Dynamism
Changing the Mode of Human Interaction with Vending Machines
Ability to Minimize Operational Costs Further Drives IVM Adoption
User Friendly Interface of IVM Portends Significant Innovations
Governmental Regulations Boost Intelligent Vending Machine Installations
Enhanced Energy Efficiency of Intelligent Vending Machines Augurs Well for Growth
Intelligent Vending Machines Propel Impulse Purchases
Global Competitor Market Shares
Intelligent Vending Machines Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Vending Machine Manufacturers
Azkoyen Group (Spain)
Bianchi Vending Group S.p.A. (Italy)
FAS International SpA (Italy)
Fuji Electric Co., Ltd. (Japan)
Glory Ltd. (Japan)
Canteen Vending Services, Inc. (USA)
Crane Co. (USA)
MEI, Inc. (USA)
Royal Vendors, Inc. (USA)
SandenVendo America, Inc. (USA)
Seaga Manufacturing, Inc. (USA)
VE Global Vending, Inc. (USA)
Jofemar SA (Spain)
N&W Global Vending SpA (Italy)
Rheavendors Group (Italy)
Sanden Corp. (Japan)
Westomatic Vending Services Ltd. (UK)
Vending Solution Providers
Advantech Co. Ltd. (Taiwan)
Cantaloupe Systems Inc. (USA)
Ingenico S.A. (France)
Intel Corporation (USA)
USA Technologies Inc. (USA)
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Intelligent Vending Machines Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Intelligent Vending Machines Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Hot Drinks (Product Type) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 4: Hot Drinks (Product Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Soft Drinks (Product Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 6: Soft Drinks (Product Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Snack & Food (Product Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 8: Snack & Food (Product Type) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
TABLE 9: Combination (F&B) (Product Type) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
TABLE 10: Combination (F&B) (Product Type) Market Share Breakdown by Region/Country: 2020 VS 2027
TABLE 11: Commercial & Corporate Areas (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 12: Commercial & Corporate Areas (End-Use) Distribution of Global Sales by Region/Country: 2020 VS 2027
TABLE 13: Malls & Retail Stores (End-Use) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2020 through 2027
TABLE 14: Malls & Retail Stores (End-Use) Global Market Share Distribution by Region/Country for 2020 and 2027
TABLE 15: Public Premises (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2020-2027
TABLE 16: Public Premises (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
TABLE 17: QSR (Quick Service Restaurants) (End-Use) Worldwide Sales in US$ Million by Region/Country: 2020-2027
TABLE 18: QSR (Quick Service Restaurants) (End-Use) Market Share Shift across Key Geographies: 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Intelligent Vending Machines Market Share (in %) by Company: 2020 & 2025
Market Analytics
TABLE 19: United States Intelligent Vending Machines Market Estimates and Projections in US$ Million by Product Type: 2020 to 2027
TABLE 20: United States Intelligent Vending Machines Market Share Breakdown by Product Type: 2020 VS 2027
TABLE 21: United States Intelligent Vending Machines Latent Demand Forecasts in US$ Million by End-Use: 2020 to 2027
TABLE 22: Intelligent Vending Machines Market Share Breakdown in the United States by End-Use: 2020 VS 2027
CANADA
TABLE 23: Canadian Intelligent Vending Machines Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
TABLE 24: Intelligent Vending Machines Market in Canada: Percentage Share Breakdown of Sales by Product Type for 2020 and 2027
TABLE 25: Canadian Intelligent Vending Machines Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 26: Canadian Intelligent Vending Machines Market Share Analysis by End-Use: 2020 VS 2027
JAPAN
TABLE 27: Japanese Market for Intelligent Vending Machines: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
TABLE 28: Japanese Intelligent Vending Machines Market Share Analysis by Product Type: 2020 VS 2027
TABLE 29: Japanese Demand Estimates and Forecasts for Intelligent Vending Machines in US$ Million by End-Use: 2020 to 2027
TABLE 30: Intelligent Vending Machines Market Share Shift in Japan by End-Use: 2020 VS 2027
CHINA
TABLE 31: Chinese Intelligent Vending Machines Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
TABLE 32: Chinese Intelligent Vending Machines Market by Product Type: Percentage Breakdown of Sales for 2020 and 2027
TABLE 33: Chinese Demand for Intelligent Vending Machines in US$ Million by End-Use: 2020 to 2027
TABLE 34: Chinese Intelligent Vending Machines Market Share Breakdown by End-Use: 2020 VS 2027
EUROPE
Market Facts & Figures
European Intelligent Vending Machines Market: Competitor Market Share Scenario (in %) for 2020 & 2025
Market Analytics
TABLE 35: European Intelligent Vending Machines Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 36: European Intelligent Vending Machines Market Share Shift by Region/Country: 2020 VS 2027
TABLE 37: European Intelligent Vending Machines Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
TABLE 38: European Intelligent Vending Machines Market Share Breakdown by Product Type: 2020 VS 2027
TABLE 39: European Intelligent Vending Machines Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 40: European Intelligent Vending Machines Market Share Analysis by End-Use: 2020 VS 2027
FRANCE
TABLE 41: Intelligent Vending Machines Market in France by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 42: French Intelligent Vending Machines Market Share Analysis by Product Type: 2020 VS 2027
TABLE 43: Intelligent Vending Machines Quantitative Demand Analysis in France in US$ Million by End-Use: 2020-2027
TABLE 44: French Intelligent Vending Machines Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027
GERMANY
TABLE 45: Intelligent Vending Machines Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Type for the Period 2020-2027
TABLE 46: German Intelligent Vending Machines Market Share Breakdown by Product Type: 2020 VS 2027
TABLE 47: Intelligent Vending Machines Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2020-2027
TABLE 48: Intelligent Vending Machines Market Share Distribution in Germany by End-Use: 2020 VS 2027
ITALY
TABLE 49: Italian Intelligent Vending Machines Market Growth Prospects in US$ Million by Product Type for the Period 2020-2027
TABLE 50: Italian Intelligent Vending Machines Market by Product Type: Percentage Breakdown of Sales for 2020 and 2027
TABLE 51: Italian Demand for Intelligent Vending Machines in US$ Million by End-Use: 2020 to 2027
TABLE 52: Italian Intelligent Vending Machines Market Share Breakdown by End-Use: 2020 VS 2027
UNITED KINGDOM
TABLE 53: United Kingdom Market for Intelligent Vending Machines: Annual Sales Estimates and Projections in US$ Million by Product Type for the Period 2020-2027
TABLE 54: United Kingdom Intelligent Vending Machines Market Share Analysis by Product Type: 2020 VS 2027
TABLE 55: United Kingdom Demand Estimates and Forecasts for Intelligent Vending Machines in US$ Million by End-Use: 2020 to 2027
TABLE 56: Intelligent Vending Machines Market Share Shift in the United Kingdom by End-Use: 2020 VS 2027
REST OF EUROPE
TABLE 57: Rest of Europe Intelligent Vending Machines Market Estimates and Forecasts in US$ Million by Product Type: 2020-2027
TABLE 58: Rest of Europe Intelligent Vending Machines Market Share Breakdown by Product Type: 2020 VS 2027
TABLE 59: Rest of Europe Intelligent Vending Machines Addressable Market Opportunity in US$ Million by End-Use: 2020-2027
TABLE 60: Rest of Europe Intelligent Vending Machines Market Share Analysis by End-Use: 2020 VS 2027
ASIA-PACIFIC
TABLE 61: Intelligent Vending Machines Market in Asia-Pacific by Product Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 62: Asia-Pacific Intelligent Vending Machines Market Share Analysis by Product Type: 2020 VS 2027
TABLE 63: Intelligent Vending Machines Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2020-2027
TABLE 64: Asia-Pacific Intelligent Vending Machines Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027
REST OF WORLD
TABLE 65: Rest of World Intelligent Vending Machines Market Estimates and Forecasts in US$ Million by Product Type: 2020 to 2027
TABLE 66: Intelligent Vending Machines Market in Rest of World: Percentage Share Breakdown of Sales by Product Type for 2020 and 2027
TABLE 67: Rest of World Intelligent Vending Machines Market Quantitative Demand Analysis in US$ Million by End-Use: 2020 to 2027
TABLE 68: Rest of World Intelligent Vending Machines Market Share Analysis by End-Use: 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 47
