The latest update of “Global Industrial Vending Machine Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Industrial Vending Machine Market.
Overview of the Industrial Vending Machine Market:
A vending machine is a type of automated machine that provides items to consumers for a fee. They accept credit cards, cash, and other forms of payment. These machines are often in the workplace or at home, and they can be a great way to increase employee productivity. While a vending machine may be convenient, users may have to spend some time identifying businesses where they can place their machines. They can cold call businesses, but they will need to know the owner personally to get a response. In addition, if they plan to sell more than one machine, users might want to consider training themselves in the mechanics of vending machines. This will help them save money on repairing the machines and ensuring that the sales stay consistent.
The global industrial vending machine market focuses on six regions, such as North America, Asia Pacific, South America, Europe, the Middle East, and Africa.
Drivers:
The increasing expansion of data centers in the world is expected to fuel the growth of the global industrial vending machine market over the forecast period. For instance, according to Data Center Dynamics, Google, Amazon, and Microsoft operate most of the world's 600 big-scale data centers. Another advantage to owning a vending machine is that users can get a steady stream of income without investing a lot of money. A vending machine business is not easy to operate. The user will have to devote a lot of time and energy to maintain it. While it's easy to sell a few machines, the users must ensure that they keep them safe and secure at all times. Increasing product launches by key market players are estimated to enhance the growth of the global industrial vending machine market.
Restraints:
The high maintenance of vending machines is expected to hinder the growth of the global industrial vending machine market.
Regional Insights:
In regions, North America is expected to dominate the growth of the global industrial vending machine market, owing to the increasing expansion of data centers in the region. For instance, according to Data Center Map, there are currently around 2751 data centers in the U.S. Moreover, the Asia Pacific is estimated to witness significant growth in the global industrial vending machine market owing to the increasing prevalence of key manufacturers in the region. Moreover, high investments in the technology sector are assessed to fuel the market growth.
Competitive Section:
Key players operating in the global industrial vending machine market include Silkron, IVM, Inc., CribMaster, SECURASTOCK, LLC., SupplyPro, Inc., SupplyPoint, BRAMMER, Airgas, Inc, Fastenal Company, and AutoCrib, Inc.
In April 2020, some assets of Apex Industrial Technologies were acquired by Fastenal Company.
In June 2018, AutoCrib, Inc. introduced a new locale partner, AutoCrib South Asia.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Industrial Vending Machine Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Industrial Vending Machine Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- AutoCrib Inc. (US)
- Fastenal Company (US)
- Airgas Inc. (US)
- BRAMMER (Norway)
- SupplyPoint (UK)
- SupplyPro Inc. (US)
- SECURASTOCK
- CribMaster (Georgia)
- IVM Inc. (US)
- and Silkron (Malaysia)
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Industrial Vending Machine Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Vertical Lift Machines
- Coil Vending Machines
- Carousel Vending Machines
- Scale Vending Machines
- Others
By Applications, the market is segmented into:
- Aerospace
- Healthcare
- Manufacturing
- Oil & Gas
- Construction
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Industrial Vending Machine Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Industrial Vending Machine Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Industrial Vending Machine Market
1.6.1 How the Covid-19 is Affecting the Industrial Vending Machine Market
1.6.1.1 Industrial Vending Machine Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Industrial Vending Machine Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Industrial Vending Machine Market Perspective (2015-2028)
2.2 Industrial Vending Machine Market Growth Trends by Regions
2.2.1 Industrial Vending Machine Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Industrial Vending Machine Market Historic Market Share by Regions (2015-2021)
2.2.3 Industrial Vending Machine Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Industrial Vending Machine Market Growth Strategy
2.3.6 Primary Interviews with Key Industrial Vending Machine Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Industrial Vending Machine Market Players by Market Size
3.1.1 Global Top Industrial Vending Machine Market Players by Revenue (2015-2021)
3.1.2 Global Industrial Vending Machine Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Industrial Vending Machine Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Industrial Vending Machine Market Concentration Ratio
3.2.1 Global Industrial Vending Machine Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Industrial Vending Machine Market Revenue in 2019
3.3 Industrial Vending Machine Market Key Players Head office and Area Served
3.4 Key Players Industrial Vending Machine Market Product Solution and Service
3.5 Date of entering into Industrial Vending Machine Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Industrial Vending Machine Market Historic Market Size by Type (2015-2021)
4.2 Global Industrial Vending Machine Market Forecasted Market Size by Type (2021-2028)
5 Industrial Vending Machine Market Breakdown Data by Application (2015-2028)
5.1 Global Industrial Vending Machine Market Size by Application (2015-2021)
5.2 Global Industrial Vending Machine Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Industrial Vending Machine Market Size (2015-2021)
6.2 Industrial Vending Machine Market Key Players in North America (2019-2021)
6.3 North America Industrial Vending Machine Market Size by Type (2015-2021)
6.4 North America Industrial Vending Machine Market Size by Application (2015-2021)
7 Europe
7.1 Europe Industrial Vending Machine Market Size (2015-2021)
7.2 Industrial Vending Machine Market Key Players in Europe (2019-2021)
7.3 Europe Industrial Vending Machine Market Size by Type (2015-2021)
7.4 Europe Industrial Vending Machine Market Size by Application (2015-2021)
8 China
8.1 China Industrial Vending Machine Market Size (2015-2021)
8.2 Industrial Vending Machine Market Key Players in China (2019-2021)
8.3 China Industrial Vending Machine Market Size by Type (2015-2021)
8.4 China Industrial Vending Machine Market Size by Application (2015-2021)
9 Japan
9.1 Japan Industrial Vending Machine Market Size (2015-2021)
9.2 Industrial Vending Machine Market Key Players in Japan (2019-2021)
9.3 Japan Industrial Vending Machine Market Size by Type (2015-2021)
9.4 Japan Industrial Vending Machine Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Industrial Vending Machine Market Size (2015-2021)
10.2 Industrial Vending Machine Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Industrial Vending Machine Market Size by Type (2015-2021)
10.4 Southeast Asia Industrial Vending Machine Market Size by Application (2015-2021)
11 India
11.1 India Industrial Vending Machine Market Size (2015-2021)
11.2 Industrial Vending Machine Market Key Players in India (2019-2021)
11.3 India Industrial Vending Machine Market Size by Type (2015-2021)
11.4 India Industrial Vending Machine Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Industrial Vending Machine Market Size (2015-2021)
12.2 Industrial Vending Machine Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Industrial Vending Machine Market Size by Type (2015-2021)
12.4 Central & South America Industrial Vending Machine Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Industrial Vending Machine Market Introduction
13.4 Industrial Vending Machine Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Industrial Vending Machine Market Key Market Segments
Table 2. Key Players Covered: Ranking by Industrial Vending Machine Market Revenue
Table 3. Ranking of Global Top Industrial Vending Machine Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Industrial Vending Machine Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Industrial Vending Machine Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Industrial Vending Machine Market Players to Combat Covid-19 Impact
Table 10. Global Industrial Vending Machine Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Industrial Vending Machine Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Industrial Vending Machine Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Industrial Vending Machine Market Share by Regions (2015-2021)
Table 14. Global Industrial Vending Machine Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Industrial Vending Machine Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Industrial Vending Machine Market Growth Strategy
Table 20. Main Points Interviewed from Key Industrial Vending Machine Market Players
Table 21. Global Industrial Vending Machine Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Industrial Vending Machine Market Share by Players (2015-2021)
Table 23. Global Top Industrial Vending Machine Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Industrial Vending Machine Market as of 2019)
Table 24. Global Industrial Vending Machine Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Industrial Vending Machine Market Product Solution and Service
Table 27. Date of entering into Industrial Vending Machine Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Industrial Vending Machine Market Size by Type (2015-2021) (Million US$)
Table 30. Global Industrial Vending Machine Market Size Share by Type (2015-2021)
Table 31. Global Industrial Vending Machine Market Revenue Market Share by Type (2021-2028)
Table 31. Global Industrial Vending Machine Market Size Share by Application (2015-2021)
Table 33. Global Industrial Vending Machine Market Size by Application (2015-2021) (Million US$)
Table 34. Global Industrial Vending Machine Market Size Share by Application (2021-2028)
Table 35. North America Key Players Industrial Vending Machine Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Industrial Vending Machine Market Share (2019-2021)
Table 37. North America Industrial Vending Machine Market Size by Type (2015-2021) (Million US$)
Table 38. North America Industrial Vending Machine Market Share by Type (2015-2021)
Table 39. North America Industrial Vending Machine Market Size by Application (2015-2021) (Million US$)
Table 40. North America Industrial Vending Machine Market Share by Application (2015-2021)
Table 41. Europe Key Players Industrial Vending Machine Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Industrial Vending Machine Market Share (2019-2021)
Table 43. Europe Industrial Vending Machine Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Industrial Vending Machine Market Share by Type (2015-2021)
Table 45. Europe Industrial Vending Machine Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Industrial Vending Machine Market Share by Application (2015-2021)
Table 47. China Key Players Industrial Vending Machine Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Industrial Vending Machine Market Share (2019-2021)
Table 49. China Industrial Vending Machine Market Size by Type (2015-2021) (Million US$)
Table 50. China Industrial Vending Machine Market Share by Type (2015-2021)
Table 51. China Industrial Vending Machine Market Size by Application (2015-2021) (Million US$)
Table 52. China Industrial Vending Machine Market Share by Application (2015-2021)
Table 53. Japan Key Players Industrial Vending Machine Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Industrial Vending Machine Market Share (2019-2021)
Table 55. Japan Industrial Vending Machine Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Industrial Vending Machine Market Share by Type (2015-2021)
Table 57. Japan Industrial Vending Machine Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Industrial Vending Machine Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Industrial Vending Machine Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Industrial Vending Machine Market Share (2019-2021)
Table 61. Southeast Asia Industrial Vending Machine Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Industrial Vending Machine Market Share by Type (2015-2021)
Table 63. Southeast Asia Industrial Vending Machine Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Industrial Vending Machine Market Share by Application (2015-2021)
Table 65. India Key Players Industrial Vending Machine Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Industrial Vending Machine Market Share (2019-2021)
Table 67. India Industrial Vending Machine Market Size by Type (2015-2021) (Million US$)
Table 68. India Industrial Vending Machine Market Share by Type (2015-2021)
Table 69. India Industrial Vending Machine Market Size by Application (2015-2021) (Million US$)
Table 70. India Industrial Vending Machine Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Industrial Vending Machine Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Industrial Vending Machine Market Share (2019-2021)
Table 73. Central & South America Industrial Vending Machine Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Industrial Vending Machine Market Share by Type (2015-2021)
Table 75. Central & South America Industrial Vending Machine Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Industrial Vending Machine Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Industrial Vending Machine Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Industrial Vending Machine Market Share by Type: 2021 VS 2028
Figure 2. Global Industrial Vending Machine Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Industrial Vending Machine Market Report Years Considered
Figure 8. Global Industrial Vending Machine Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Industrial Vending Machine Market Share by Regions: 2021 VS 2028
Figure 10. Global Industrial Vending Machine Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Industrial Vending Machine Market Share by Players in 2019
Figure 13. Global Top Industrial Vending Machine Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Industrial Vending Machine Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Industrial Vending Machine Market Revenue in 2019
Figure 15. North America Industrial Vending Machine Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Industrial Vending Machine Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Industrial Vending Machine Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Industrial Vending Machine Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Industrial Vending Machine Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Industrial Vending Machine Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Industrial Vending Machine Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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