DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Asia Pacific Vending Machine Market (2016 - 2022)" report to their offering.
The major countries in Asia-Pacific region include China, Japan, India, Australia, Singapore, Taiwan and others. The adoption rate for vending machines in the region is notably high, owing to technological advancements and emergence of new business models. China and Japan hold the maximum market share of vending machine market. India and Australia on the other hand are the countries that are showing tremendous potential towards the adoption of self-service technology during the forecast period.
The boom in the retail sector and emerging infrastructure are some of the key factors facilitating the growth of the Vending Machines in this region. NTT communications in Japan has introduced simcard vending machine. These simcards are made available to the tourists coming to Japan, addressing all their needs.
Vending Machine market is segmented into Beverage Vending Machine, Candy Vending Machine, Snacks Vending Machine, Gumball Vending machine, Cigarette Vending Machine and Specialized Vending Machines. Beverage vending machines have dominated the overall vending machine market in terms of revenue generation, followed by the snacks vending machine, throughout the analysis period. Maximum growth is witnessed in specialized vending machine; this segment would grow with the maximum CAGR during the forecast period (2016-2022).
Based on the solution type, the Asia-Pacific vending machine market is segmented into deployment type and managed services type. In 2014, deployment segment dominated the Asia-Pacific vending machine market. The report also highlights the market of vending machine across different countries, which include China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia-Pacific.
The report covers the analysis of key stake holders of the Asia-Pacific vending machine market.
Key companies profiled in the report include
- Azkoyen Group
- Compass Group, Plc.
- Aramark Corporation
- Bianchi Vending Group S.p.A.
- Honeywell International, Inc.
- Hitachi, Ltd.
- Fujitsu Limited
- IBM Corporation
For more information visit http://www.researchandmarkets.com/research/tdsddw/asia_pacific