(MENAFN- Nxtgen Reports) In this report,the global revenue of Transportation Ticket Vending Machine (TVM) market was valued at 428.44 M USD in 2016 and is expected to reach 541.36 M USD in 2022. In the future six years, we predict the CAGR of global revenue is 3.98%.
Transportation Ticket Vending Machine (TVM) is a convenient way to purchase one way and day passes. Ticket machines dispense train tickets at railway stations, transit tickets at metro stations and tram tickets at some tram stops and in some trams. The typical transaction consists of a user using the display interface to select the type and quantity of tickets and then choosing a payment method of cash, credit/debit card or smartcard. The ticket or tickets are printed and dispensed to the user.
Globally, the Transportation Ticket Vending Machine (TVM) industry market is low concentrated as the manufacturing technology of Transportation Ticket Vending Machine (TVM) is relatively matures than some high-tech equipment. And some enterprises, like Parkeon, Xerox, Omron, Scheidt & Bachmann, etc. are well-known for the wonderful performance of their Transportation Ticket Vending Machine (TVM) and related services. At the same time, Europe, occupied 33.57% production market share in 2016, is remarkable in the global Transportation Ticket Vending Machine (TVM) industry.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Transportation Ticket Vending Machine (TVM) market to approach these areas. XYZ analysis of the Transportation Ticket Vending Machine (TVM) market indicated that Europe would account for the highest sales in 2022 with close to 30 percent of global sales coming from this region, but Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
Geographically, global Transportation Ticket Vending Machine (TVM) market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Parkeon
Xerox
Omron
Scheidt & Bachmann
Wincor Nixdorf
Genfare
ICA Traffic
IER
DUCATI Energia
Sigma
GRG Banking
AEP
Beiyang
Potevio
Shanghai Huahong
On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into
Non-cash payment type
Cash payment type
For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Transportation Ticket Vending Machine (TVM) for each application, including
Subway Stations
Railway Stations
Bus Stations
Production, consumption, revenue, market share and growth rate are the key targets for Transportation Ticket Vending Machine (TVM) from 2014 to 2026 (forecast) in these regions
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
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