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Global Automatic Ticket Machine Market to Grow at a CAGR of 11.8% During the Period 2022-2027, Driven by Advancements in Technology and Modernization of Transportation Systems

Automatic Ticket Machine Market

Global Automatic Ticket Machine Market: By Payment Type: Smart Card Payment, Cash Payment, Mobile Payment; By Application: Public Transport, Entertainment and Gaming, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Automatic Ticket Machine Market Outlook

The global automatic ticket machine market is expected to grow at a CAGR of 11.8% during the period 2023-2028. Advancements in technology, developments in infrastructure, modernization of transportation systems, and increasing number of travellers are major drivers of the global automatic ticket machine market.

 

Global Automatic Ticket Machine Market

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Global Market Likely to be Driven by Modernization of Transportation Systems

Automatic ticket machines are devised to provide electronic tickets to purchasers. These machines eliminate the need for manual work and cut costs by employing smart cards and cash. Automatic ticket machines are generally set up at airports, railway stations, bus stations and subway stations. The automatic, economical and time-saving solutions replace conventional ticket dispensing methods. Advantages of automatic ticket machines include enhanced security, reduced labour costs, decreased operational time, and efficient transport infrastructure. North America, Europe and Asia are expected to be key markets. However, high installation costs and issues related to network connectivity may hinder market growth.

 

Solutions that are Convenient, Secure and Speedily Deliver Services Expected to Drive the Global Automatic Ticket Machine Market

Speed, efficiency, security and convenience are the major parameters against which automatic ticket machines are assessed. Multi-modal services accessible through one form factor (smart card, chip paper ticket, mobile phone or wearable) would be essential to meet market needs in future. Such multi-purpose devices would be required to combine security features, payment applications, speed and performance of contactless ticketing systems. Thus, novel, faster and reliable solutions with security features offering greater protection with respect to user data would drive the market.

 

Smart, Scalable Solutions Based on Open Standards Likely to Boost the Market

Authorities are increasingly adopting open standard based platforms over proprietary platforms to enhance efficiency, performance and interoperability. Independent bodies give certification to open standard products and all players in the industry may join the standardization body to contribute to the standardization process. Open standards, therefore, abide by equal and transparent terms and conditions. Solutions that are competitive, interoperable, non-proprietary, based on open standards and scalable, and have the capability to include ticketing, identification, micropayment and mobile payment are expected to stimulate market growth.

 

Developing Nations Like India Likely to Contribute to Global Automatic Ticket Machine Market Growth

In developing countries like India, automatic ticket machines are being increasingly adopted to decrease passenger queues at ticket counters at establishments such as railway stations. In 2022, it was announced that Indian Railway Catering and Tourism Corporation (IRCTC) joined hands with e-payment company Paytm to offer ticketing services through automatic ticket vending machines at railway stations in India. It was reported that the service had already commenced across automatic ticket vending machines at different railway stations in India.

 

Market Segmentation

 

Global Automatic Ticket Machine Market by Segments

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By payment type, the market is segmented into:

  • Smart Card Payment
  • Cash Payment
  • Mobile Payment

By application, the market is classified into:

  • Public Transport
  • Entertainment and Gaming 
  • Others

By region, the market is divided into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Global Automatic Ticket Machine Market by Region

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Key Industry Players in the Global Automatic Ticket Machine Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Parkeon
  • Xerox Corporation
  • CPI Card Group Inc.
  • Infineon Technologies AG
  • NXP Semiconductors
  • Scheidt and Bachmann GmbH
  • Gemalto NV
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Payment Type
  • Application
  • Region
Breakup by Payment Type
  • Smart Card Payment
  • Cash Payment
  • Mobile Payment
Breakup by Application
  • Public Transport
  • Entertainment and Gaming 
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Parkeon
  • Xerox Corporation
  • CPI Card Group Inc.
  • Infineon Technologies AG
  • NXP Semiconductors
  • Scheidt and Bachmann GmbH
  • Gemalto NV
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Automatic Ticket Machine Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Automatic Ticket Machine Historical Market (2018-2022) 
    8.3    Global Automatic Ticket Machine Market Forecast (2023-2028)
    8.4    Global Automatic Ticket Machine Market by Payment Type
        8.4.1    Smart Card Payment
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Cash Payment
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Mobile Payment
            8.4.3.1    Historical Trend (2018-2022)
            8.4.3.2    Forecast Trend (2023-2028)
    8.5    Global Automatic Ticket Machine Market by Application
        8.5.1    Public Transport
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Entertainment and Gaming 
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Others
    8.6    Global Automatic Ticket Machine Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2022) 
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2022) 
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2022) 
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2022) 
            8.6.4.2    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2022) 
            8.6.5.2    Forecast Trend (2023-2028)
9    North America Automatic Ticket Machine Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe Automatic Ticket Machine Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Automatic Ticket Machine Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Automatic Ticket Machine Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Automatic Ticket Machine Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
         15.2.1    Parkeon
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Xerox Corporation
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    CPI Card Group Inc.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Infineon Technologies AG
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    NXP Semiconductors  
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Scheidt and Bachmann GmbH
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Gemalto NV
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Others
16    Key Trends and Developments in the Market

 

List of Figures and Tables

1.    Global Automatic Ticket Machine Market: Key Industry Highlights, 2018 and 2028
2.    Global Automatic Ticket Machine Historical Market: Breakup by Payment Type (USD Million), 2018-2022
3.    Global Automatic Ticket Machine Market Forecast: Breakup by Payment Type (USD Million), 2023-2028
4.    Global Automatic Ticket Machine Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Automatic Ticket Machine Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Automatic Ticket Machine Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Automatic Ticket Machine Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Automatic Ticket Machine Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Automatic Ticket Machine Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Automatic Ticket Machine Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Automatic Ticket Machine Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Automatic Ticket Machine Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Automatic Ticket Machine Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Automatic Ticket Machine Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Automatic Ticket Machine Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Automatic Ticket Machine Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Automatic Ticket Machine Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Automatic Ticket Machine Market Structure

Key Questions Answered in the Report

What is the growth rate of the global automatic ticket machine market?

The global automatic ticket machine market is projected to grow at a CAGR of 11.8% between 2023 and 2028.

What are the major industry drivers?

The major drivers of the market include the modernisation of transportation systems, increasing number of travellers, a surging number of passengers in urban areas, and increasing preference for public transport.

What are the key industry trends of the global automatic ticket machine market?

Advancements in technology and developments in infrastructure are the key industry trends propelling the market's growth.

What are the major regional markets for automatic ticket machine, according to the EMR report?

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the different types of payments in the market?

The different types of payments include smart card payment, cash payment, and mobile payment.

What are the significant applications of the market?

The significant applications are public transport, entertainment and gaming, among others.

Who are the key industry players, according to the report?

The major players in the industry are Parkeon, Xerox Corporation, CPI Card Group Inc., Infineon Technologies AG, NXP Semiconductors, Scheidt and Bachmann GmbH, and Gemalto NV, among others.

Analyst Review

The global automatic ticket machine market was driven by the modernisation of transportation systems in the historical period. Aided by the advancements in technology and developments in infrastructure, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 11.8%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The different types of payments include smart card payment, cash payment, and mobile payment. The significant applications are public transport, entertainment and gaming, among others. The major regional markets for automatic ticket machine market are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the industry are Parkeon, Xerox Corporation, CPI Card Group Inc., Infineon Technologies AG, NXP Semiconductors, Scheidt and Bachmann GmbH, and Gemalto NV, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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