The global Intelligent Vending Machines market size is projected to reach US$ 1965.5 million by 2027, from US$ 1011.2 million in 2020, at a Compound Annual Growth Rate (CAGR) of 9.7% during 2021-2027. Key drivers of the intelligent vending machines market include the rapid digitization and dependence on cashless transactions, ATMs, mobile banking, etc.

Intelligent Vending Machines Market Report

The innovations in technology and change in consumer buying trends will push the intelligent vending machines market forward. The gradual introduction of automated vending machines in various end-user sectors such as airports, schools, railway stations, and business centers will surge the industry ahead in the coming years.

Trends Influencing the Global Intelligent Vending Machines Market

Preference for digital payments

In an era of instant gratification and the internet using smart payment options has become the norm worldwide. Debit, credit, QR codes, and internet payment with NFC( Near Field Communication) technology provides quick, hassle-free, and contactless payment. Consumers can win product promotions and operators are able to stack up more products in the machines. This reduces the chances of theft and vandalism. Management and services costs are decreased thereby creating better business opportunities. These factors will drive the growth of the intelligent vending machines market during the review period.

Technological breakthroughs

Big market players are focusing on R&D initiatives for enhancing the customer buying experience and adding revamped features to the machines. Interactive displays with touchscreen and audio feature supply product information, pricing, and promotional offers. The voice and facial recognition software uniquely adapt to a consumer’s buying patterns, preferences, and choices thereby offering a smooth experience. Moreover, the live inventory tracking option along with video surveillance and machine sensors allow continuous monitoring of the installed vending machines and help in reducing maintenance costs. The renting of advertisement spaces creates additional revenue opportunities. These beneficial features will surge the adoption rate creating lucrative opportunities for the intelligent vending machines market in the future.

Largescale deployment in various industry verticals

Vending machines are becoming common in all end-user industries especially in developed countries as people get accustomed to self-service technology. They are being installed in public facilities, amusement parks, stations, and airports. Moreover, with the resumption of economic activities face mask machines have become popular in public places. This in turn will augment the expansion of the intelligent vending machines market in the upcoming years. Healthier food alternatives can be promoted amongst students by placing these machines in schools.

Intelligent Vending Machines Market Share Analysis

Based on application, the school segment will grow the highest in the intelligent vending machines market share with 21.54% followed by airports (20%) and railway stations(19.14%).

Based on region, Europe, North America is likely to maintain dominance due to growing adoption in the developed world. While The Asia-Pacific segment with China, Japan will grow the fastest during the forecast period.

Top Major Players in the Intelligent Vending Machines Market

Fuji Electric
Crane Merchandising Systems
Sanden
N&W Global Vending
Seaga
Royal Vendors
Azkoyen
Sielaff
Bianchi Vending
Jofemar
FAS International
Automated Merchandising Systems
Deutsche Wurlitzer
TCN Vending Machine
Fuhong Vending
Others

Intelligent Vending Machines Market by Type

Beverage
Commodity
Food
Others

Intelligent Vending Machines Market by Application

Airport
Railway Station
School
Business Center
Others

Intelligent Vending Machines Market by Region

United States
Europe
China
Japan
Other Regions

Intelligent Vending Machines Market Consumption by Region

North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

Scope of the Intelligent Vending Machines Report

Report Metric	Details
Report Name	Intelligent Vending Machines Market
The market size value in 2020	1011.2 Million
The revenue forecast in 2027	1965.5 Million
Forecast Period 2021 to 2027 CAGR	9.7%
Base year considered	2020
Forecast units	Value (USD)
Segments covered	Type, End-User, Offerings, and Region
Market BY Type	Beverage, Commodity, Food, Others
Market BY Application/End-User	Airport, Railway Station, School, Business Center, Others
Report coverage	Revenue & volume forecast, company share, competitive landscape, growth factors, and trends
Geographic regions covered	North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Frequently Asked Questions About This Report

1. How big is the intelligent vending machines market?

Ans. The global Intelligent Vending Machines market size is projected to reach US$ 1965.5 million by 2027, from US$ 1011.2 million in 2020, at a Compound Annual Growth Rate (CAGR) of 9.7% during 2021-2027.

2. Which is the most influencing segment growing in the intelligent vending machines Industry report?

Ans. Airport, railway station, school, and business Center is the most influencing segment in the growing in the intelligent vending machines market.

3. Which region is and will provide more business opportunities for intelligent vending machines in future?

Ans. Europe and North America is and will provide more business opportunities for intelligent vending machines in the future. The largest consumption area is Europe, North America, and Japan which are the much-matured market. For emerging economies, like China, Smart Vending Machines technology is rapidly improving.

4. Who are the top companies hold the market share in the intelligent vending machines?

Ans. Fuji Electric, Crane Merchandising Systems, Sanden, N&W Global Vending, Seaga, Royal Vendors, Azkoyen, Sielaff, Bianchi Vending, Jofemar, FAS International, Automated Merchandising Systems, Deutsche Wurlitzer, TCN Vending Machine and Fuhong Vending are the key players of Intelligent Vending Machines, with about 84% market shares.

FEATURED COMPANIES

Fuji Electric

Crane Merchandising Systems

Automated Merchandising Systems

Deutsche Wurlitzer

TCN Vending Machine

Fuhong Vending

Table of Content

1 Intelligent Vending Machines Market Overview

1.1 Intelligent Vending Machines Product Overview

1.2 Intelligent Vending Machines Market Segment by Type

1.2.1 Beverage

1.2.2 Commodity

1.2.3 Food

1.2.4 Others

1.3 Global Intelligent Vending Machines Market Size by Type

1.3.1 Global Intelligent Vending Machines Market Size Overview by Type (2016-2027)

1.3.2 Global Intelligent Vending Machines Historic Market Size Review by Type (2016-2021)

1.3.2.1 Global Intelligent Vending Machines Sales Breakdown in Volume by Type (2016-2021)

1.3.2.2 Global Intelligent Vending Machines Sales Breakdown in Value by Type (2016-2021)

1.3.2.3 Global Intelligent Vending Machines Average Selling Price (ASP) by Type (2016-2021)

1.3.3 Global Intelligent Vending Machines Forecasted Market Size by Type (2022-2027)

1.3.3.1 Global Intelligent Vending Machines Sales Breakdown in Volume by Type (2022-2027)

1.3.3.2 Global Intelligent Vending Machines Sales Breakdown in Value by Type (2022-2027)

1.3.3.3 Global Intelligent Vending Machines Average Selling Price (ASP) by Type (2022-2027)

1.4 Key Regions Market Size Segment by Type

1.4.1 North America Intelligent Vending Machines Sales Breakdown by Type (2016-2021)

1.4.2 Europe Intelligent Vending Machines Sales Breakdown by Type (2016-2021)

1.4.3 Asia-Pacific Intelligent Vending Machines Sales Breakdown by Type (2016-2021)

1.4.4 Latin America Intelligent Vending Machines Sales Breakdown by Type (2016-2021)

1.4.5 Middle East and Africa Intelligent Vending Machines Sales Breakdown by Type (2016-2021)

2 Global Intelligent Vending Machines Market Competition by Company

2.1 Global Top Players by Intelligent Vending Machines Sales (2016-2021)

2.2 Global Top Players by Intelligent Vending Machines Revenue (2016-2021)

2.3 Global Top Players Intelligent Vending Machines Price (2016-2021)

2.4 Global Top Manufacturers Intelligent Vending Machines Manufacturing Base Distribution, Sales Area, Product Type

2.5 Intelligent Vending Machines Market Competitive Situation and Trends

2.5.1 Intelligent Vending Machines Market Concentration Rate (2016-2021)

2.5.2 Global 5 and 10 Largest Manufacturers by Intelligent Vending Machines Sales and Revenue in 2020

2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Intelligent Vending Machines as of 2020)

2.7 Date of Key Manufacturers Enter into Intelligent Vending Machines Market

2.8 Key Manufacturers Intelligent Vending Machines Product Offered

2.9 Mergers & Acquisitions, Expansion

3 Intelligent Vending Machines Status and Outlook by Region

3.1 Global Intelligent Vending Machines Market Size and CAGR by Region: 2016 VS 2021 VS 2026

3.2 Global Intelligent Vending Machines Historic Market Size by Region

3.2.1 Global Intelligent Vending Machines Sales in Volume by Region (2016-2021)

3.2.2 Global Intelligent Vending Machines Sales in Value by Region (2016-2021)

3.2.3 Global Intelligent Vending Machines Sales (Volume & Value) Price and Gross Margin (2016-2021)

3.3 Global Intelligent Vending Machines Forecasted Market Size by Region

3.3.1 Global Intelligent Vending Machines Sales in Volume by Region (2022-2027)

3.3.2 Global Intelligent Vending Machines Sales in Value by Region (2022-2027)

3.3.3 Global Intelligent Vending Machines Sales (Volume & Value), Price and Gross Margin (2022-2027)

4 Global Intelligent Vending Machines by Application

4.1 Intelligent Vending Machines Market Segment by Application

4.1.1 Airport

4.1.2 Railway Station

4.1.3 School

4.1.4 Business Center

4.1.5 Others

4.2 Global Intelligent Vending Machines Market Size by Application

4.2.1 Global Intelligent Vending Machines Market Size Overview by Application (2016-2027)

4.2.2 Global Intelligent Vending Machines Historic Market Size Review by Application (2016-2021)

4.2.2.1 Global Intelligent Vending Machines Sales Breakdown in Volume, by Application (2016-2021)

4.2.2.2 Global Intelligent Vending Machines Sales Breakdown in Value, by Application (2016-2021)

4.2.2.3 Global Intelligent Vending Machines Average Selling Price (ASP) by Application (2016-2021)

4.2.3 Global Intelligent Vending Machines Forecasted Market Size by Application (2022-2027)

4.2.3.1 Global Intelligent Vending Machines Sales Breakdown in Volume, by Application (2022-2027)

4.2.3.2 Global Intelligent Vending Machines Sales Breakdown in Value, by Application (2022-2027)

4.2.3.3 Global Intelligent Vending Machines Average Selling Price (ASP) by Application (2022-2027)

4.3 Key Regions Market Size Segment by Application

4.3.1 North America Intelligent Vending Machines Sales Breakdown by Application (2016-2021)

4.3.2 Europe Intelligent Vending Machines Sales Breakdown by Application (2016-2021)

4.3.3 Asia-Pacific Intelligent Vending Machines Sales Breakdown by Application (2016-2021)

4.3.4 Latin America Intelligent Vending Machines Sales Breakdown by Application (2016-2021)

4.3.5 Middle East and Africa Intelligent Vending Machines Sales Breakdown by Application (2016-2021)

5 North America Intelligent Vending Machines by Country

5.1 North America Intelligent Vending Machines Historic Market Size by Country

5.1.1 North America Intelligent Vending Machines Sales in Volume by Country (2016-2021)

5.1.2 North America Intelligent Vending Machines Sales in Value by Country (2016-2021)

5.2 North America Intelligent Vending Machines Forecasted Market Size by Country

5.2.1 North America Intelligent Vending Machines Sales in Volume by Country (2022-2027)

5.2.2 North America Intelligent Vending Machines Sales in Value by Country (2022-2027)

6 Europe Intelligent Vending Machines by Country

6.1 Europe Intelligent Vending Machines Historic Market Size by Country

6.1.1 Europe Intelligent Vending Machines Sales in Volume by Country (2016-2021)

6.1.2 Europe Intelligent Vending Machines Sales in Value by Country (2016-2021)

6.2 Europe Intelligent Vending Machines Forecasted Market Size by Country

6.2.1 Europe Intelligent Vending Machines Sales in Volume by Country (2022-2027)

6.2.2 Europe Intelligent Vending Machines Sales in Value by Country (2022-2027)

7 Asia-Pacific Intelligent Vending Machines by Region

7.1 Asia-Pacific Intelligent Vending Machines Historic Market Size by Region

7.1.1 Asia-Pacific Intelligent Vending Machines Sales in Volume by Region (2016-2021)

7.1.2 Asia-Pacific Intelligent Vending Machines Sales in Value by Region (2016-2021)

7.2 Asia-Pacific Intelligent Vending Machines Forecasted Market Size by Region

7.2.1 Asia-Pacific Intelligent Vending Machines Sales in Volume by Region (2022-2027)

7.2.2 Asia-Pacific Intelligent Vending Machines Sales in Value by Region (2022-2027)

8 Latin America Intelligent Vending Machines by Country

8.1 Latin America Intelligent Vending Machines Historic Market Size by Country

8.1.1 Latin America Intelligent Vending Machines Sales in Volume by Country (2016-2021)

8.1.2 Latin America Intelligent Vending Machines Sales in Value by Country (2016-2021)

8.2 Latin America Intelligent Vending Machines Forecasted Market Size by Country

8.2.1 Latin America Intelligent Vending Machines Sales in Volume by Country (2022-2027)

8.2.2 Latin America Intelligent Vending Machines Sales in Value by Country (2022-2027)

9 Middle East and Africa Intelligent Vending Machines by Country

9.1 Middle East and Africa Intelligent Vending Machines Historic Market Size by Country

9.1.1 Middle East and Africa Intelligent Vending Machines Sales in Volume by Country (2016-2021)

9.1.2 Middle East and Africa Intelligent Vending Machines Sales in Value by Country (2016-2021)

9.2 Middle East and Africa Intelligent Vending Machines Forecasted Market Size by Country

9.2.1 Middle East and Africa Intelligent Vending Machines Sales in Volume by Country (2022-2027)

9.2.2 Middle East and Africa Intelligent Vending Machines Sales in Value by Country (2022-2027)

10 Company Profiles and Key Figures in Intelligent Vending Machines Business

10.1 Fuji Electric

10.1.1 Fuji Electric Corporation Information

10.1.2 Fuji Electric Introduction and Business Overview

10.1.3 Fuji Electric Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.1.4 Fuji Electric Intelligent Vending Machines Products Offered

10.1.5 Fuji Electric Recent Development

10.2 Crane Merchandising Systems

10.2.1 Crane Merchandising Systems Corporation Information

10.2.2 Crane Merchandising Systems Introduction and Business Overview

10.2.3 Crane Merchandising Systems Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.2.4 Crane Merchandising Systems Intelligent Vending Machines Products Offered

10.2.5 Crane Merchandising Systems Recent Development

10.3 Sanden

10.3.1 Sanden Corporation Information

10.3.2 Sanden Introduction and Business Overview

10.3.3 Sanden Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.3.4 Sanden Intelligent Vending Machines Products Offered

10.3.5 Sanden Recent Development

10.4 N&W Global Vending

10.4.1 N&W Global Vending Corporation Information

10.4.2 N&W Global Vending Introduction and Business Overview

10.4.3 N&W Global Vending Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.4.4 N&W Global Vending Intelligent Vending Machines Products Offered

10.4.5 N&W Global Vending Recent Development

10.5 Seaga

10.5.1 Seaga Corporation Information

10.5.2 Seaga Introduction and Business Overview

10.5.3 Seaga Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.5.4 Seaga Intelligent Vending Machines Products Offered

10.5.5 Seaga Recent Development

10.6 Royal Vendors

10.6.1 Royal Vendors Corporation Information

10.6.2 Royal Vendors Introduction and Business Overview

10.6.3 Royal Vendors Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.6.4 Royal Vendors Intelligent Vending Machines Products Offered

10.6.5 Royal Vendors Recent Development

10.7 Azkoyen

10.7.1 Azkoyen Corporation Information

10.7.2 Azkoyen Introduction and Business Overview

10.7.3 Azkoyen Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.7.4 Azkoyen Intelligent Vending Machines Products Offered

10.7.5 Azkoyen Recent Development

10.8 Sielaff

10.8.1 Sielaff Corporation Information

10.8.2 Sielaff Introduction and Business Overview

10.8.3 Sielaff Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.8.4 Sielaff Intelligent Vending Machines Products Offered

10.8.5 Sielaff Recent Development

10.9 Bianchi Vending

10.9.1 Bianchi Vending Corporation Information

10.9.2 Bianchi Vending Introduction and Business Overview

10.9.3 Bianchi Vending Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.9.4 Bianchi Vending Intelligent Vending Machines Products Offered

10.9.5 Bianchi Vending Recent Development

10.10 Jofemar

10.10.1 Company Basic Information, Manufacturing Base and Competitors

10.10.2 Intelligent Vending Machines Product Category, Application and Specification

10.10.3 Jofemar Intelligent Vending Machines Sales, Revenue, Price and Gross Margin (2016-2021)

10.10.4 Main Business Overview

10.10.5 Jofemar Recent Development

10.11 FAS International

10.11.1 FAS International Corporation Information

10.11.2 FAS International Introduction and Business Overview

10.11.3 FAS International Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.11.4 FAS International Intelligent Vending Machines Products Offered

10.11.5 FAS International Recent Development

10.12 Automated Merchandising Systems

10.12.1 Automated Merchandising Systems Corporation Information

10.12.2 Automated Merchandising Systems Introduction and Business Overview

10.12.3 Automated Merchandising Systems Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.12.4 Automated Merchandising Systems Intelligent Vending Machines Products Offered

10.12.5 Automated Merchandising Systems Recent Development

10.13 Deutsche Wurlitzer

10.13.1 Deutsche Wurlitzer Corporation Information

10.13.2 Deutsche Wurlitzer Introduction and Business Overview

10.13.3 Deutsche Wurlitzer Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.13.4 Deutsche Wurlitzer Intelligent Vending Machines Products Offered

10.13.5 Deutsche Wurlitzer Recent Development

10.14 TCN Vending Machine

10.14.1 TCN Vending Machine Corporation Information

10.14.2 TCN Vending Machine Introduction and Business Overview

10.14.3 TCN Vending Machine Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.14.4 TCN Vending Machine Intelligent Vending Machines Products Offered

10.14.5 TCN Vending Machine Recent Development

10.15 Fuhong Vending

10.15.1 Fuhong Vending Corporation Information

10.15.2 Fuhong Vending Introduction and Business Overview

10.15.3 Fuhong Vending Intelligent Vending Machines Sales, Revenue and Gross Margin (2016-2021)

10.15.4 Fuhong Vending Intelligent Vending Machines Products Offered

10.15.5 Fuhong Vending Recent Development

11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis

11.1 Intelligent Vending Machines Key Raw Materials

11.1.1 Key Raw Materials

11.1.2 Key Raw Materials Price

11.1.3 Raw Materials Key Suppliers

11.2 Manufacturing Cost Structure

11.2.1 Raw Materials

11.2.2 Labor Cost

11.2.3 Manufacturing Expenses

11.3 Intelligent Vending Machines Industrial Chain Analysis

11.4 Intelligent Vending Machines Market Dynamics

11.4.1 Industry Trends

11.4.2 Market Drivers

11.4.3 Market Challenges

11.4.4 Market Restraints

12 Market Strategy Analysis, Distributors

12.1 Sales Channel

12.2 Intelligent Vending Machines Distributors

12.3 Intelligent Vending Machines Downstream Customers

13 Research Findings and Conclusion

14 Appendix

14.1 Research Methodology

14.1.1 Methodology/Research Approach

14.1.1.1 Research Programs/Design

14.1.1.2 Market Size Estimation

14.1.1.3 Market Breakdown and Data Triangulation

14.1.2 Data Source

14.1.2.1 Secondary Sources

14.1.2.2 Primary Sources

14.2 Author Details

14.3 Disclaimer1 Intelligent Vending Machines Market Overview