(EMAILWIRE.COM, September 06, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Transportation Ticket Vending Machine (TVM) market for 2018-2023.

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.
In the coming years there is an increasing demand for Transportation Ticket Vending Machine (TVM) in the regions of North America and Europe that is expected to drive the market for more advanced Transportation Ticket Vending Machine (TVM). Growth in government budgets in the principal countries, increasing of subway stations fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Transportation Ticket Vending Machine (TVM) will drive growth in United States and Europe markets.
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.
The consumption volume of Transportation Ticket Vending Machine (TVM) is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Transportation Ticket Vending Machine (TVM) industry may not keep that fast. But it is surely forecasted that the market of Transportation Ticket Vending Machine (TVM) is still promising.
Over the next five years, this report projects that Transportation Ticket Vending Machine (TVM) will register a 3.9% CAGR in terms of revenue, reach US$ 170 million by 2023, from US$ 130 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Transportation Ticket Vending Machine (TVM) market by product type, application, key manufacturers and key regions.

To calculate the market size, this report considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Non-cash Payment Type
Cash Payment Type
Segmentation by application:
Subway Stations
Railway Stations
Bus Stations

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Parkeon
Xerox
Omron
Scheidt & Bachmann
Wincor Nixdorf
Genfare
ICA Traffic
IER
DUCATI Energia
Sigma
GRG Banking
AEP
Beiyang
Potevio
Shanghai Huahong

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Transportation Ticket Vending Machine (TVM) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Transportation Ticket Vending Machine (TVM) market by identifying its various subsegments.
Focuses on the key global Transportation Ticket Vending Machine (TVM) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Transportation Ticket Vending Machine (TVM) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Transportation Ticket Vending Machine (TVM) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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