Global Passenger Ticket Vending Machine (TVM) Market 2017-2021

  • ID: 4397208
  • Report
  • Region: Global
  • 84 pages
  • TechNavio
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FEATURED COMPANIES

  • AEP
  • Genfare
  • ICA
  • Omron
  • Scheidt & Bachmann
  • Sigma
  • MORE
About Passenger Ticket Vending Machine (TVM)

A ticket machine, also known as a Ticket Vending Machine (TVM), is a vending machine, which produces tickets. Passenger ticket machines dispense tickets at railway stations, subway stations, bus stations, and airports. A typical transaction in TVMs consists of a passenger user using the display interface to select the quantity and type of tickets. Following this, the passenger selects a payment method, which can be either cash, smartcard or credit/debit card. The tickets are printed and dispensed to the passenger user.

The analysts forecast the global passenger ticket vending machine (TVM) market to grow at a CAGR of 4.06% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global passenger ticket vending machine (TVM) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Passenger Ticket Vending Machine (TVM) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • innovation in traffic systems
  • Omron
  • Parkeon
  • Scheidt & Bachmann
  • Xerox
Other prominent vendors
  • AEP
  • DUCATI Energia
  • Genfare
  • GRGBanking
  • ICA
  • IER
  • Sigma
  • Shanghai Huahong
Market drivers
  • Increasing cashless vending by NFC technology
  • For a full, detailed list, view the full report
Market challenges
  • High initial investment in TVMs
  • For a full, detailed list, view the full report
Market trends
  • Emergence of distinct connected TVM
  • For a full, detailed list, view the full report
Key questions answered in this report:
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • AEP
  • Genfare
  • ICA
  • Omron
  • Scheidt & Bachmann
  • Sigma
  • MORE
PART 01: Executive Summary

PART 02: Scope of the Report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market Landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market Segmentation By Application
  • Global passenger TVM market by type of application
  • Global passenger TVM market by railway stations
  • Global passenger TVM market by subway stations
  • Global passenger TVM market by bus stations
  • Global passenger TVM market by airports
PART 07: Regional Landscape
  • Geographical segmentation
  • Americas - market size and forecast
  • APAC - market size and forecast
  • EMEA - market size and forecast
  • Market opportunity
PART 08: Decision Framework

PART 09: Drivers and Challenges
  • Market drivers
  • Market challenges
PART 10: Market Trends
  • Emergence of distinct connected TVM
  • Integration of TVM in automated fare collection (AFC) system
  • Retrofitting of TVMs
PART 11: Key Vendor Analysis
  • Competitive scenario
  • innovation in traffic systems
  • Omron
  • Parkeon
  • Scheidt & Bachmann
  • Xerox
  • Other prominent vendors
PART 12: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global passenger TVM market overview
Exhibit 02: Global passenger TVM market 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Global passenger TVM market by type of application 2016-2021 (% revenue)
Exhibit 05: Global passenger TVM market 2017-2021 (Y-o-Y growth rate)
Exhibit 06: Global passenger TVM market by railway stations 2016-2021 ($ millions)
Exhibit 07: Major railway stations or services comprising TVM in various countries
Exhibit 08: Global passenger TVM market by subway stations 2016-2021 ($ millions)
Exhibit 09: Major subway stations or services comprising TVM in various countries
Exhibit 10: Global passenger TVM market by bus stations 2016-2021 ($ millions)
Exhibit 11: Major bus station or services comprising TVM in various countries
Exhibit 12: Global passenger TVM market by airports 2016-2021 ($ millions)
Exhibit 13: Major airports comprising of TVMs in various countries
Exhibit 14: Global passenger TVM market by geography 2016-2021 (% revenue)
Exhibit 15: Global passenger TVM market by geography 2017-2021 (Y-o-Y growth rate)
Exhibit 16: Regional comparison
Exhibit 17: Americas - market size and forecast ($ millions)
Exhibit 18: Americas - Year-over-year growth
Exhibit 19: Top 3 countries in Americas
Exhibit 20: APAC - market size and forecast ($ millions)
Exhibit 21: APAC- Year-over-year growth
Exhibit 22: Top 3 countries in APAC
Exhibit 23: EMEA - market size and forecast ($ millions)
Exhibit 24: EMEA - Year-over-year growth
Exhibit 25: Top 3 countries in EMEA
Exhibit 26: Automated fare collection (AFC) system
Exhibit 27: innovation in traffic systems: Business segmentation
Exhibit 28: innovation in traffic systems: Geographical segmentation 2016 (% revenue)
Exhibit 29: Omron: Business segmentation 2016 (% revenue)
Exhibit 30: Parkeon: Business segmentation
Exhibit 31: Parkeon: Parking solutions
Exhibit 32: Parkeon: Transportation solutions
Exhibit 33: Xerox: Geographical segmentation 2016 (% revenue)
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FEATURED COMPANIES

  • AEP
  • Genfare
  • ICA
  • Omron
  • Scheidt & Bachmann
  • Sigma
  • MORE
New Report Released: - Global Passenger Ticket Vending Machine (TVM) Market 2017-2021

The author of the report recognizes the following companies as the key players in the global passenger ticket vending machine (TVM) market: innovation in traffic systems, Omron, Parkeon, Scheidt & Bachmann, and Xerox.

Other Prominent Vendors in the market are: AEP, DUCATI Energia, Genfare, GRGBanking, ICA, IER, Sigma, and Shanghai Huahong.

Commenting on the report, an analyst from the research team said: “One trend in the market is emergence of distinct connected TVM. Embedded system-based TVMs are a modified form of mechanical TVMs used for ticketing purposes. However, this creates problems at times. To ensure that passengers have no issues while handling a TVM, innovative technology is being developed, which incorporates Zigbee techniques and radio frequency identification (RFID) to provide tickets, that are vended using smart cards.”

According to the report, one driver in the market is increasing cashless vending by NFC technology. Cashless payments in vending machines increased at a significant rate of 35%-40% during 2014-2016. This growth is mainly due to the customers’ current preference to pay for their purchases by mobile devices or credit and debit cards instead of paying by cash. To increase their sales, companies are installing vending machines that accept credit or debit cards and mobile payments. In places, such as railway stations, metro stations, and subway stations, cashless TVMs are becoming popular. As a result, cashless vending is expected to drive the global passenger TVM market.

Further, the report states that one challenge in the market is high initial investment in TVMs. Transport operators require a huge capital investment for procuring the software and hardware of TVM. The TVM software and hardware are customized according to the needs of the end-users. Such customization is generally outsourced by vendors to various manufacturers and third-party software developers that involve huge costs. The cost of manufacturing a TVM is also high, as there is huge cost-based competition among vendors. To sustain and maintain their presence in the TVM manufacturing market, vendors must launch innovative products that require huge R&D investment.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • innovation in traffic systems
  • Omron
  • Parkeon
  • Scheidt & Bachmann
  • Xerox
  • AEP
  • DUCATI Energia
  • Genfare
  • GRGBanking
  • ICA
  • IER
  • Sigma
  • Shanghai Huahong
Note: Product cover images may vary from those shown
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