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[English Market Research Report] Market for Industrial Vending Machines

Industrial Vending Machine Market

According to a new report by Grand View Research, Inc., the global market size for industrial vending machines is expected to reach 5.8 billion USD by 2030. The CAGR from 2022 to 2030 is projected to expand at 9.7%. Technological advancements in vending machines are enabling companies to streamline inventory management and monitor stock consumption through real-time data analysis, driving market growth. The adoption of industrial vending machines is expected to increase in the coming years due to their cost efficiency, allowing companies to generate higher revenues. Additionally, with a heightened focus on employee safety, there has been an increase in the use of personal protective equipment (PPE), leading to a rise in the implementation of industrial vending machines for PPE.

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【English Market Research Report】Global Market for Smart Vending Machines

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The global smart vending machine market size was approximately 5 billion USD in 2017, is expected to reach about 8 billion USD in 2022, and is projected to reach around 15 billion USD by 2028, growing at a CAGR of 12% during the forecast period. The increasing demand for self-service technology and the adoption of IoT and AI services such as cashless transactions and cloud-based systems are the main factors driving the market. This report investigates and analyzes the global smart vending machine market, providing systematic information on key trends, competitive landscape, market analysis, and more.

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[English Market Research Report] Intelligent Vending Machine Market

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According to the latest research by Grand View Research, the global intelligent vending machine market size is expected to reach USD 55.52 billion by 2030, expanding at a CAGR of 14.0% from 2023 to 2030. The rapid increase in demand for self-service technology in Europe and North America, driven by advancements in automation technology and the growing adoption of contactless vending machines, is anticipated to be a key driver of industry growth during the forecast period. Intelligent vending machines are integrated with technologies such as LCD/touch screens, gesture-based interactions, cashless systems, telemetry systems, voice recognition, digital signage, and enterprise resource planning (ERP) systems. These integrated machines enable self-ordering as a convenient activity with various payment methods, including debit cards, credit cards, mobile wallets, and QR codes.

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【English Market Research Report】Intelligent Vending Machine Market

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The global intelligent vending machine market size reached 15.2 billion USD in 2022. Going forward, the IMARC Group forecasts that the market will show a growth rate of 13.80% (CAGR) between 2023 and 2028, reaching 32.6 billion USD by 2028. The rapid adoption of cashless payment systems, the increasing emphasis on remote monitoring and management of vending machines, and rapid digitalization are some of the key factors driving the market.

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[English Market Research Report] Vending Machine Market

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The global market size for vending machines reached 19.5 billion USD in 2022. Going forward, the IMARC Group forecasts a growth rate of 5% (CAGR) between 2023 and 2028, predicting it will reach 26.4 billion USD by 2028. Vending machines are standalone automated devices that supply small products in exchange for tokens or cash. They are used to provide food items such as snacks, chocolate bars, cupcakes, pizza, hot and cold beverages, and candy. They are also used to dispense toys, newspapers, tobacco, and tickets. Products are set in the machine and can be purchased throughout the day. The machine dispenses the product corresponding to the product number or button selected by the consumer. Additionally, to automate the vending process and provide users with a seamless experience, they are equipped with bill and coin validation, computer control panels, refrigeration units, and lighting devices. As a result, vending machines are widely used in public spaces, mixed-use commercial facilities, restaurants, hotels, and more.

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【English Market Research Report】Vending Machine Market for PPE

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This report investigates the global PPE vending machine market, providing an overview of the market along with strategic imperatives and growth opportunities.

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[English Market Research Report] Passenger Ticket Vending Machine Market

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The global passenger ticket vending machine market is expected to expand at a CAGR of 4.63% and reach 1.27 billion USD by 2033. This report investigates the global passenger ticket vending machine market, providing an overview of the market along with trends by application, component, input type, payment type, and region, as well as profiles of companies entering the market.

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[English Market Research Report] North American Industrial Vending Machine Market

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According to the latest report from Grand View Research, Inc., the North American industrial vending machine market is expected to expand at a CAGR of 9.6% from 2023 to 2030, reaching 2 billion USD by 2030. Industrial vending machines are gaining popularity in North America and can be found in various locations such as manufacturing plants, warehouses, and distribution centers. These machines allow staff easy access to equipment and supplies, while managers can monitor usage and control spending. Additionally, the need for improved inventory management, cost control, and enhanced safety measures is driving the market.

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