Vending Machine and Intelligent Vending Machines Market 2014 – 2018 New Research Reports Available at Reportsnreports.com

Global Vending Machine Market 2014-2018 report says market is witnessing the retrofitting of existing vending machines.

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Dallas, Texas (PRWEB) January 24, 2014

One of the recent trends emerging in the market is the retrofitting of existing vending machines. An intelligent vending machine has a number of advantages over a normal vending machine. However, these advantages come at an additional cost, which many operators may not be willing to bear given the fluctuating economic conditions. Hence, one of the more feasible options for these operators is to retrofit existing vending machines with some of the latest technologies. There are already instances of existing vending machines in Europe that have been retrofitted with LCD screens and contactless card payment facilities. Many operators would prefer to utilize the full life of their existing vending machines before investing in new, more expensive intelligent vending machines.

Analysts forecast the Global Vending Machine market (http://www.reportsnreports.com/reports/273349-global-vending-machine-market-2014-2018.html) to grow at a CAGR of 13.31 percent over the period 2013-2018. According to the report, one of the main drivers in this market is the increased need to expand the virtual store space. With the high rentals of brick and mortar retail stores, there is increased need to expand the virtual space of major retail outlets.

The Global Vending Machine Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, North America, Latin America, and the MEA region; it also covers the Global Vending Machine market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Further, the report states that one of the major challenges in this market is the high cost of rental space. In most parts of the world, particularly Europe, the cost of rental space for intelligent vending machines has increased by 15-20 percent over the past few years.

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The recognizes the following companies as the key players in Global Vending Machine Market: Coin Acceptors Inc., Crane Co., Cubic Corp., Fuji Electric Co. Ltd., and MEI Inc.

Other vendors mentioned in the report are 1.800 Vending Inc., Abberfield Technology Pty. Ltd., Adrich Vending International Sp. z o. o., Allied Drink Systems Ltd., American Vending Machine, Inc., Asahi Seiko (Europe) Ltd., Atlas Vending Pte., Ltd., Automated Merchandising Systems Inc., Automaten Glockler GmbH, Autonumis Ltd., Azkoyen SA, Bettavend Ltd., Bianchi Vending Group SpA, Brasilia SpA, Bulk Vending Systems Ltd., Cantaloupe Systems Inc., Canteen Corp., Continental Vending Inc., Crane Merchandising Systems Ltd., DarenthMJS Ltd., Drinkmaster Ltd., ETNA Coffee Technologies Fresh & Honest Café Ltd., Fresh Healthy Vending, Glory Ltd., GTECH Corp., Ingenico S.A., Innovative Vending Solutions LLC, Local Vending, Maas International Group B.V., Manchester Vending Services Ltd., Master Brew Beverage, Inc., Matrix Catering Systems Ltd., Medbox Inc., Panasonic Corp., Royal Vendors Inc., Sanden Vendo America, UK Vending Ltd., USA Technologies Inc., VeriFone Systems, Inc., VendScreen, Inc., and Westomatic Vending Services Ltd.

Global Intelligent Vending Machines Market 2014-2018 (http://www.reportsnreports.com/reports/272459-global-intelligent-vending-machines-market-2014-2018.html): Analysts forecast the Global Intelligent Vending Machines market to grow at a CAGR of 52.7 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing labor cost in developed nations. The Global Intelligent Vending Machines market has also been witnessing the increase in R&D spending. However, the high initial investment could pose a challenge to the growth of this market.

The Global Intelligent Vending Machines Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Intelligent Vending Machines market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this space are USA Technologies Inc., Cantaloupe Systems Inc., MEI Inc., and Coin Acceptors Inc.

Other vendors mentioned in the report are VeriFone Systems, Inc., Mac-Gray Corp., and Ingenico S.A.

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Key questions answered in this report:

  •     What will the market size be in 2018 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?
  •     What are the market opportunities and threats faced by the key vendors?
  •     What are the strengths and weaknesses of the key vendors?

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