Reports
Global Ticket Machine Market: By Component: Hardware, Software; By Product Type: Vending Machine, Handheld Electronic Machine, Kiosk Counter; By Payment Type; By Application; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Ticket Machine Market Outlook
The global ticket machine market attained a value of about USD 7,225 million in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 9.4% to reach nearly USD 13,246 million by 2026.
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North America to Dominate the Market Share of Ticket Machine
The increasing demand for the ticket machine as it saves time and is self-operated is aiding the market growth of the product. Further, tremendous demand for smart ticketing from the sports, entertainment, and tourism sectors, has propelled the market in recent years. Moreover, factors like increased usage of blockchain technology, inexpensive access to rapid transit with the aid of a machine, and the need to print the tickets have been decreased due to the launch of the ticket machine, thus eliminating the expense of overhead transit. All the aforementioned factors are boosting the market growth of ticket machine.
Regionally, North America will dominate the ticket machine industry, as the launch of the ticket machine has reduced the need to print the tickets, thereby eliminating the expense of overhead transport and account team to track the operation in the region. Meanwhile, the Asia-Pacific region is expected to rise in the projected timeframe due to rising commodity demand, along with the adoption of advanced technologies and a growing number of cashless transactions in countries like China, India, and Japan.
Ticket Machine: Market Segmentation
Ticket machines refer to machines used to generate tickets automatically and accessible to public. The ticket machine consists of the payment input and assembly unit, the operating equipment, the ticket printer, and the control unit.
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By component, the market is divided into:
- Hardware
- Software
Based on product type, the market segmented into:
- Vending Machine
- Handheld Electronic Machine
- Kiosk Counter
- Others
Based on payment type, the market segmented into:
- Smart Card Payment
- Cash Payment
- Mobile Payment
- Others
On the basis of application, the market is bifurcated into:
- Railways
- Buses
- Entertainment
- Sports
- Parking Area
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Advancements in Technology in Digital Payment Options to Propel the Market Growth
The time-saving and self-operating factor of using a ticket machine is the major driving factor for using the ticket machine. The need to print tickets has been reduced due to the advent of the ticket machine. This has also reduced the burden of transporting overheads and the accounting staff to track the process. The data is already supplied to the ticket machines, and the ticket machines are coordinated at the depot or station at the end of the day. As the ticket machine runs without any operator and offers convenience, consequently enhancing the demand for ticket machines. An e-ticket is issued by some ticket machines. An e-ticket offers advantages, including no risk of missing or ticketing, and we don't have to hold a physical ticket since it's available in electronic format. The failure of its operational network is one of the reasons that limit the growth of the demand for ticket machines. High initial investments are the other aspect limiting the growth of this sector.
Key Industry Players in the Global Ticket Machine Market
The report gives a detailed analysis of the following key players in the global ticket machine market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- METRIC Group Ltd
- Sigma S.p.A.
- Scheidt & Bachmann GmbH
- KIOSK Information Systems
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| 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- Component, Product Type, Payment Type, Application, Region |
| Breakup by Component | Hardware, Software |
| Breakup by Product Type | Vending Machine, Handheld Electronic Machine, Kiosk Counter, Others |
| Breakup by Payment Type | Smart Card Payment, Cash Payment, Mobile Payment, Others |
| Breakup by Application | Railways, Buses, Entertainment, Sports, Parking Area, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | METRIC Group Ltd, Sigma S.p.A., Scheidt & Bachmann GmbH, KIOSK Information Systems, 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 Ticket Machine Market Analysis
8.1 Key Industry Highlights
8.2 Global Ticket Machine Historical Market (2018-2022)
8.3 Global Ticket Machine Market Forecast (2023-2028)
8.4 Global Ticket Machine Market by Component
8.4.1 Hardware
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Software
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Ticket Machine Market by Product Type
8.5.1 Vending Machine
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Handheld Electronic Machine
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Kiosk Counter
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Ticket Machine Market by Payment Type
8.6.1 Smart Card Payment
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Cash Payment
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Mobile Payment
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Ticket Machine Market by Application
8.7.1 Railways
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Buses
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Entertainment
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Sports
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Parking Area
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
8.7.6 Others
8.8 Global Ticket Machine Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Ticket Machine Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Ticket Machine Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Ticket Machine Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Ticket Machine Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Ticket Machine Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 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 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 METRIC Group Ltd
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Sigma S.p.A.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Scheidt & Bachmann GmbH
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 KIOSK Information Systems
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Ticket Machine Market: Key Industry Highlights, 2018 and 2028
2. Global Ticket Machine Historical Market: Breakup by Component (USD Million), 2018-2022
3. Global Ticket Machine Market Forecast: Breakup by Component (USD Million), 2023-2028
4. Global Ticket Machine Historical Market: Breakup by Product Type (USD Million), 2018-2022
5. Global Ticket Machine Market Forecast: Breakup by Product Type (USD Million), 2023-2028
6. Global Ticket Machine Historical Market: Breakup by Payment Type (USD Million), 2018-2022
7. Global Ticket Machine Market Forecast: Breakup by Payment Type (USD Million), 2023-2028
8. Global Ticket Machine Historical Market: Breakup by Application (USD Million), 2018-2022
9. Global Ticket Machine Market Forecast: Breakup by Application (USD Million), 2023-2028
10. Global Ticket Machine Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Ticket Machine Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Ticket Machine Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Ticket Machine Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Ticket Machine Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Ticket Machine Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Ticket Machine Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Ticket Machine Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Ticket Machine Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Ticket Machine Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Ticket Machine Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Ticket Machine Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Ticket Machine Market Structure
Key Questions Answered in the Report
In 2020, the global ticket machine market attained a value of nearly USD 7,225 million.
The market is projected to grow at a CAGR of 9.4% between 2023 and 2028.
The major drivers of the market include the increased usage of blockchain technology, inexpensive access to rapid transit with the aid of a machine, reduced expense of overhead transport and account team, rising commodity demand, adoption of advanced technologies, and a growing number of cashless transactions.
The time-saving and self-operating factor and tremendous demand for smart ticketing are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Based on component, the market is divided into hardware and software.
The product type includes vending machine, handheld electronic machine, and kiosk counter, among others.
Based on payment type, the market is segmented into smart card payment, cash payment, and mobile payment, among others.
The various applications include railways, buses, entertainment, sports, and parking area, among others.
The major players in the industry are METRIC Group Ltd, Sigma S.p.A., Scheidt & Bachmann GmbH, and KIOSK Information Systems, among others.
Analyst Review
The global ticket machine market attained a value of nearly USD 7,225 million in 2020, driven by the time-saving and self-operating factor. Aided by increased usage of blockchain technology and tremendous demand for smart ticketing, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 9.4%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on component, the market is divided into hardware and software. The product type includes vending machine, handheld electronic machine, and kiosk counter, among others. Based on payment type, the market is segmented into smart card payment, cash payment, and mobile payment, among others. The various applications include railways, buses, entertainment, sports, and parking area, among others. The major regional markets for ticket machine are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are METRIC Group Ltd, Sigma S.p.A., Scheidt & Bachmann GmbH, and KIOSK Information Systems, 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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