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Payment Machine Mounting Systems Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type; End Users

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    Report

  • 173 Pages
  • May 2020
  • Region: Global
  • The Insight Partners
  • ID: 5067612
UP TO OFF until Mar 31st 2024
The payment machine mounting system market was valued at US$ 260.19 million in 2019 and is projected to reach US$ 413.35 million by 2027; it is expected to grow at a CAGR of 6.5% from 2020 to 2027.The increasing adoption of POS solutions in the retail, healthcare, and hospitality sector is driving the deployment of payment machine mounting systems, such as adapters, cash drawers, and trays. Growth in the number of retail outlets, hospitals, pubs, and restaurants worldwide is one of the major factors driving the growth of the market for POS solutions and related products, such as mounting stands. The retail companies having online presence are putting additional efforts on expanding their footprint through physical stores. Also, changing lifestyle of individuals and eating habits has resulted in the increasing number of restaurants and pubs throughout the world. Moreover, increase in construction of hospitals worldwide is another aspect playing a greater role in boosting the penetration of POS solutions, as well as mounting systems. Moreover, the emerging economies of APAC and construction of retail stores and hospitals is projected to provide growth opportunities to the providers of payment machine mounting systems.

Based on type, the payment machine mounting system market is categorized into POS mount and others. In 2019, the POS mount segment dominated the payment machine mounting system market. These systems are developed to work with the user’s existing hardware. The POS mount are developed for monitors available with different sizes ranging from 7 to 12 inch and 23 to 39 inch. POS mount help protect the display while maximizing counter space. For example, the Modular Now is a highly configurable POS mounting system.

The payment machine mounting system market has been segmented into North America, Europe, Asia Pacific, South America, and the Middle East and Africa. North America held the largest share of the market in 2019, followed by Europe and Asia Pacific. The growth of the market in North America is mainly attributed to the rise in demand of card-based payment methods, with a constantly increasing number of hotels, bars, restaurants, retail stores, and hospitals in the region. The tablet POS and mobile POS are most widely used across retail stores in the US, and thus, the demand for POS stands is surging due to the fact that these POS systems require mounting stands. On the other hand, the hospitals, restaurants, and bars use terminal POS, which require drive extension arm payment stands. The increase in the adoption of these solutions is catalyzing the growth of the payment machine mounting system market.

Apollo Electronics Co., Ltd., Atdec Pty Ltd, Diwei Industrial Co., Ltd., ENS-CO, Ergonomic Solutions, HPC System, Innovative Office Products, LLC, Lumi Legend Corporation, MMF POS, Techpole are among the major players in the global payment machine mounting system market.

Impact of COVID-19 Pandemic on Payment Machine Mounting System Market

According to the World Health Organization (WHO) report, the US, Spain, Italy, France, Germany, the UK, Turkey, Iran, China, and Russia are among the worst-affected countries by the COVID-19 outbreak. The COVID-19 crisis is affecting the industries worldwide, and the global economy is anticipated to experience the worst hit in 2020 and 2021. The outbreak has created significant disruptions in primary industries such as consumer electronics, semiconductor, automotive, and IT infrastructure. All these industries are crucial for the growth of global payment machine mounting systems market as they generate a major demand for these systems. The factory shutdowns, travel bans, trade bans, and border lockdowns to combat and contain the outbreak have impacted both manufacturing and sales of various consumer electronic products and components. The global electronics and semiconductor industry is one of the major industries that is suffering serious disruptions due to interrupted supply chains and manufacturing shutdowns.

The overall global payment machine mounting system market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the pipe relining market with respects to all the segments. It also provides the overview and forecast for the market based on all the segmentation provided with respect to five major regions - North America, Europe, Asia Pacific, the Middle East and Africa, and South America. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the payment machine mounting system market.

Reasons to Buy:
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the payment machine mounting system market, thereby allowing players to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to various types.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Payment Machine Mounting Systems Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Payment Machine Mounting Systems Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Retail Outlets
5.1.2 Booming Hospitality Sector
5.2 Market Restraints
5.2.1 Use of mPOS Technology for Making Payments
5.3 Market Opportunity
5.3.1 Stupendous Growth in Asian Market
5.4 Future Trends
5.4.1 Evolution of Modular Technology Mounting Solutions
5.5 Impact Analysis
6. Payment Machine Mounting Systems Market - Global Market Analysis
6.1 Payment Machine Mounting Systems Market Overview
6.2 Payment Machine Mounting Systems Market -Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning - Global Key Players
7. Payment Machine Mounting Systems Market Analysis - By Type
7.1 Overview
7.2 Payment Machine Mounting Systems Market Breakdown, by Type, 2019 & 2027
7.3 POS Mount
7.3.1 Overview
7.3.2 POS Mount Market Revenue and Forecast to 2027 (US$ Million)
7.3.3 Fixed Payment Mount
7.3.3.1 Overview
7.3.3.2 Fixed Payment Mount Market Revenue and Forecast to 2027 (US$ Million)
7.3.4 Drive Extension Arm Payment Mount
7.3.4.1 Overview
7.3.4.2 Drive Extension Arm Payment Mount Market Revenue and Forecast to 2027 (US$ Million)
7.4 Other Types
7.4.1 Overview
7.4.2 Other Types Market Revenue and Forecast to 2027 (US$ Million)
8. Payment Machine Mounting Systems Market Analysis - By End User
8.1 Overview
8.2 Payment Machine Mounting Systems Market Breakdown, by End User, 2019 & 2027
8.3 Retail Stores
8.3.1 Overview
8.3.2 Retail Stores Market Revenue and Forecast to 2027 (US$ Million)
8.4 Restaurant & Pubs
8.4.1 Overview
8.4.2 Restaurant & Pubs Market Revenue and Forecast to 2027 (US$ Million)
8.5 Hotels
8.5.1 Overview
8.5.2 Hotels Market Revenue and Forecast to 2027 (US$ Million)
8.6 Hospitals
8.6.1 Overview
8.6.2 Hospitals Market Revenue and Forecast to 2027 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others Market Revenue and Forecast to 2027 (US$ Million)
9. Payment Machine Mounting Systems Market - Geographic Analysis
9.1 Overview
9.2 North America: Payment Machine Mounting Systems Market
9.2.1 North America: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.2.2 North America: Payment Machine Mounting Systems Market, by Type
9.2.2.1 North America: Payment Machine Mounting Systems Market, by POS Mount
9.2.3 North America: Payment Machine Mounting Systems Market, by End Users
9.2.4 North America: Payment Machine Mounting Systems Market, by Key Country
9.2.4.1 US: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.2.4.1.1 US: Payment Machine Mounting Systems Market, by Type
9.2.4.1.1.1 US: Payment Machine Mounting Systems Market, by POS Mount
9.2.4.1.2 US: Payment Machine Mounting Systems Market, by End Users
9.2.4.2 Canada: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.2.4.2.1 Canada: Payment Machine Mounting Systems Market, by Type
9.2.4.2.1.1 Canada: Payment Machine Mounting Systems Market, by POS Mount
9.2.4.2.2 Canada: Payment Machine Mounting Systems Market, by End Users
9.2.4.3 Mexico: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.2.4.3.1 Mexico: Payment Machine Mounting Systems Market, by Type
9.2.4.3.1.1 Mexico: Payment Machine Mounting Systems Market, by POS Mount
9.2.4.3.2 Mexico: Payment Machine Mounting Systems Market, by End Users
9.3 Europe: Payment Machine Mounting Systems Market
9.3.1 Europe: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.3.2 Europe: Payment Machine Mounting Systems Market, by Type
9.3.2.1 Europe: Payment Machine Mounting Systems Market, POS Mount
9.3.3 Europe: Payment Machine Mounting Systems Market, by End Users
9.3.4 Europe: Payment Machine Mounting Systems Market, by Key Country
9.3.4.1 France: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.1.1 France: Payment Machine Mounting Systems Market, by Type
9.3.4.1.1.1 France: Payment Machine Mounting Systems Market, by POS Mount
9.3.4.1.2 France: Payment Machine Mounting Systems Market, by End Users
9.3.4.2 Germany: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.2.1 Germany: Payment Machine Mounting Systems Market, by Type
9.3.4.2.1.1 Germany: Payment Machine Mounting Systems Market, by POS Mount
9.3.4.2.2 Germany: Payment Machine Mounting Systems Market, by End Users
9.3.4.3 Italy: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.3.1 Italy: Payment Machine Mounting Systems Market, by Type
9.3.4.3.1.1 Italy: Payment Machine Mounting Systems Market, by POS Mount
9.3.4.3.2 Italy: Payment Machine Mounting Systems Market, by End Users
9.3.4.4 UK: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.4.1 UK: Payment Machine Mounting Systems Market, by Type
9.3.4.4.1.1 UK: Payment Machine Mounting Systems Market, by POS Mount
9.3.4.4.2 UK: Payment Machine Mounting Systems Market, by End Users
9.3.4.5 Russia: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.5.1 Russia: Payment Machine Mounting Systems Market, by Type
9.3.4.5.1.1 Russia: Payment Machine Mounting Systems Market, by POS Mount
9.3.4.5.2 Russia: Payment Machine Mounting Systems Market, by End Users
9.3.4.6 Rest of Europe: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.3.4.6.1 Rest of Europe: Payment Machine Mounting Systems Market, by Type
9.3.4.6.1.1 Rest of Europe: Payment Machine Mounting Systems Market, by POS Mount
9.3.4.6.2 Rest of Europe: Payment Machine Mounting Systems Market, by End Users
9.4 APAC: Payment Machine Mounting Systems Market
9.4.1 APAC: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.4.2 APAC: Payment Machine Mounting Systems Market, by Type
9.4.2.1 APAC: Payment Machine Mounting Systems Market, by POS Mount
9.4.3 APAC: Payment Machine Mounting Systems Market, by End Users
9.4.4 APAC: Payment Machine Mounting Systems Market, by Key Country
9.4.4.1 Australia: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.1.1 Australia: Payment Machine Mounting Systems Market, by Type
9.4.4.1.1.1 Australia: Payment Machine Mounting Systems Market, by POS Mount
9.4.4.1.2 Australia: Payment Machine Mounting Systems Market, by End Users
9.4.4.2 China: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.2.1 China: Payment Machine Mounting Systems Market, by Type
9.4.4.2.1.1 China: Payment Machine Mounting Systems Market, by POS Mount
9.4.4.2.2 China: Payment Machine Mounting Systems Market, by End Users
9.4.4.3 India: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.3.1 India: Payment Machine Mounting Systems Market, by Type
9.4.4.3.1.1 India: Payment Machine Mounting Systems Market, by POS Mount
9.4.4.3.2 India: Payment Machine Mounting Systems Market, by End Users
9.4.4.4 Japan: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.4.1 Japan: Payment Machine Mounting Systems Market, by Type
9.4.4.4.1.1 Japan: Payment Machine Mounting Systems Market, by POS Mount
9.4.4.4.2 Japan: Payment Machine Mounting Systems Market, by End Users
9.4.4.5 South Korea: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.5.1 South Korea: Payment Machine Mounting Systems Market, by Type
9.4.4.5.1.1 South Korea: Payment Machine Mounting Systems Market, by POS Mount
9.4.4.5.2 South Korea: Payment Machine Mounting Systems Market, by End Users
9.4.4.6 Rest of APAC: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.4.4.6.1 Rest of APAC: Payment Machine Mounting Systems Market, by Type
9.4.4.6.1.1 Rest of APAC: Payment Machine Mounting Systems Market, by POS Mount
9.4.4.6.2 Rest of APAC: Payment Machine Mounting Systems Market, by End Users
9.5 MEA: Payment Machine Mounting Systems Market
9.5.1 MEA: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.5.2 MEA: Payment Machine Mounting Systems Market, by Type
9.5.2.1 MEA: Payment Machine Mounting Systems Market, by POS Mount
9.5.3 MEA: Payment Machine Mounting Systems Market, by End Users
9.5.4 MEA: Payment Machine Mounting Systems Market, by Key Country
9.5.4.1 Saudi Arabia: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.5.4.1.1 Saudi Arabia: Payment Machine Mounting Systems Market, by Type
9.5.4.1.1.1 Saudi Arabia: Payment Machine Mounting Systems Market, by POS Mount
9.5.4.1.2 Saudi Arabia: Payment Machine Mounting Systems Market, by End Users
9.5.4.2 UAE: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.5.4.2.1 UAE: Payment Machine Mounting Systems Market, by Type
9.5.4.2.1.1 UAE: Payment Machine Mounting Systems Market, by POS Mount
9.5.4.2.2 UAE: Payment Machine Mounting Systems Market, by End Users
9.5.4.3 South Africa: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.5.4.3.1 South Africa: Payment Machine Mounting Systems Market, by Type
9.5.4.3.1.1 South Africa: Payment Machine Mounting Systems Market, by POS Mount
9.5.4.3.2 South Africa: Payment Machine Mounting Systems Market, by End Users
9.5.4.4 Rest of MEA: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.5.4.4.1 Rest of MEA: Payment Machine Mounting Systems Market, by Type
9.5.4.4.1.1 Rest of MEA: Payment Machine Mounting Systems Market, by POS Mount
9.5.4.4.2 Rest of MEA: Payment Machine Mounting Systems Market, by End Users
9.6 SAM: Payment Machine Mounting Systems Market
9.6.1 SAM: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.6.2 SAM: Payment Machine Mounting Systems Market, by Type
9.6.2.1 SAM: Payment Machine Mounting Systems Market, by POS Mount
9.6.3 SAM: Payment Machine Mounting Systems Market, by End Users
9.6.4 SAM: Payment Machine Mounting Systems Market, by Key Country
9.6.4.1 Brazil: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.6.4.1.1 Brazil: Payment Machine Mounting Systems Market, by Type
9.6.4.1.1.1 Brazil: Payment Machine Mounting Systems Market, by POS Mount
9.6.4.1.2 Brazil: Payment Machine Mounting Systems Market, by End Users
9.6.4.2 Argentina: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.6.4.2.1 Argentina: Payment Machine Mounting Systems Market, by Type
9.6.4.2.1.1 Argentina: Payment Machine Mounting Systems Market, by POS Mount
9.6.4.2.2 Argentina: Payment Machine Mounting Systems Market, by End Users
9.6.4.3 Rest of SAM: Payment Machine Mounting Systems Market - Revenue and Forecast to 2027 (US$ Million)
9.6.4.3.1 Rest of SAM: Payment Machine Mounting Systems Market, by Type
9.6.4.3.1.1 Rest of SAM: Payment Machine Mounting Systems Market, by POS Mount
9.6.4.3.2 Rest of SAM: Payment Machine Mounting Systems Market, by End Users
10. Impact of COVID-19 Pandemic on Payment Machine Mounting Systems Market
10.1 Overview
10.2 North America
10.3 Europe
10.4 Asia-Pacific
10.5 Middle East and Africa
10.6 South America
11. Global Payment Machine Mounting System Market-Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Development
12. Company Profiles
12.1 Apollo Electronics Co., Ltd.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Atdec Pty Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Diwei Industrial Co., Ltd.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 ENS-CO
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Ergonomic Solutions
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 HPC System
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Innovative Office Products, LLC
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Lumi Legend Corporation
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 MMF POS
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 TechPole
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Word Index

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Apollo Electronics Co., Ltd.
  • Atdec Pty Ltd
  • Diwei Industrial Co., Ltd.
  • ENS-CO
  • Ergonomic Solutions
  • HPC System
  • Innovative Office Products, LLC
  • Lumi Legend Corporation
  • MMF POS
  • TechPole