Procurement Resource Thumbnail Book Image

Global Ticket Machine Industry Report: Regional Analysis; Key Segmentation and Scope; Industry Opportunities and Challenges; Market Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Industry Events and Developments; Competitive Landscape, 2022-2027

Ticket Machine Market Outlook


The Procurement Resource Ticket Machine industry report gives a complete analysis of the ticket machine market trends, drivers, developments, and other important attributes.

The global Ticket Machine market size obtained a total value of about USD 7905.00 million in the year 2021. The market share is expected to grow over the forecast period of 2022–2027 at a CAGR of around 9.40 percent, reaching a value of nearly USD 13550.00 million by 2027.

The increased efficiency offered by the machine system is propelling the Ticket Machine market development.

Regionally North America is the highest category spender, driving the demand for the Ticket Machine industry.

Industry Description and Segmentation

Ticket machines are utilised to create tickets to provide to the people mechanically on the spot. The ticket machine market includes the payment stored and building component, the operational equipment, the ticket printer, and the device unit. Some are used to collect money by selling lottery tickets or railway tickets; others dispense bus passes, and their uses vary worldwide.

The Ticket Machine market comprises segments by Component (Software, Hardware), Payment Type (Smart Card Payment, Cash Payment and Mobile Payment, Others), Application (Buses, Railways, Sports, Entertainment, Parking Area, Others), Product Type (Vending Machine, Kiosk Counter, Handheld Electronic Machine, Others), and Region (North America, Europe, Asia Pacific, the Middle East, Africa, and South America.

Region-Wise North America is Driving the Growth of the Industry

By eliminating the need to print tickets, the ticket machine also removed the necessity of overhead transportation and account teams to oversee local operations, giving the ticket machine market in North America region the most significant stake in the global market.

As it is time-efficient and self-operated, there is a considerable ticket machines market demand that is propelling the industry. In addition, the high demand for ticketing services from the sports, entertainment, and tourism sectors is furthering the industry's Ticket Machine expansion market.

The sector is growing due to several important causes, including increased adoption of blockchain technology, machine-assisted, low-cost access to rapid transportation, and the removal of the need for printed tickets due to the invention of the ticket machine. This is in turn impacting the ticket machine market price.

However, the operational network's failure, paired with high initial investments, is hampering the market growth.

Category Management Studies

Ticket machines are often used for amusement parks, movie theatres, parking garages, and those that issue free tickets — for instance, virtual queueing. Ticket machines that gave paper tickets or tokens each had a value of one fare.

Then, the fair value is placed onto stored-value cards. The quantity that passengers load need not match any fee; it might be any amount that falls inside a range. The cards may be topped off with any amount of money that fell within a specific range until the day they expired.

Integration of Technology in the Machines, Further Augmenting the Ticket Machine Market

The industry is being propelled by the properties of the machine being time-saving and self-operating. Moreover, the lowered liability of transferring costs and the accountancy workforce to follow the procedure further boost the market growth.

The data gets delivered to the ticket machines prior, and the ticket machines are organised at the warehouse or location at the close of the day since the ticket machine operates not including any worker and provides accessibility, subsequently improving the requirement for ticket devices.

An e-ticket is delivered by various ticket machines, which provides benefits without concern of losing or ticketing. It eliminates the need to carry a basic ticket because it is accessible in an automated layout. Owing to this, the Ticket Machine market is observing a significant level of expansion.

The regional markets in the industry are Latin America, North America, South Africa, the Asia Pacific, the Middle East, and Europe.

Ticket Machine Market Key Players

  • Scheidt & Bachmann GmbH
  • Sigma S.p.A.
  • KIOSK Information Systems
  • METRIC Group Ltd
  • Others

Market Dynamics

The key participants in the Ticket Machine market are focusing their efforts on market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, and other initiatives.

Key Initiatives by Companies

  • June 7, 2022 - As they commemorated their 150th anniversary, Scheidt & Bachmann looked back on 90 years of history. Since then, they have followed the development of the gas station business from roadside gasoline sales to the modern fuel retail sites via the first computer-controlled systems, and they have made countless advancements along the way.

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    Industry Opportunities and Challenges
8    Global Ticket Machine Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Ticket Machine Historical Market (2017-2021) 
    8.3    Global Ticket Machine Market Forecast (2022-2027)
    8.4    Global Ticket Machine Market by Component
        8.4.1    Hardware
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Software
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    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 (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Handheld Electronic Machine
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Kiosk Counter
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
        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 (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Cash Payment
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Mobile Payment
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        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 (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Buses
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Entertainment
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
        8.7.4    Sports 
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2017-2021)
            8.7.4.3    Forecast Trend (2022-2027)
        8.7.5    Parking Area
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2017-2021)
            8.7.5.3    Forecast Trend (2022-2027)
        8.7.6    Others
    8.8    Global Ticket Machine Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country Kingdom
            9.2.3.1    United 
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    METRIC Group Ltd
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Sigma S.p.A.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Scheidt & Bachmann GmbH
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    KIOSK Information Systems
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Others
13    Industry Events and Developments

Request Sample
Key Questions Answered in the Report

The global market size was valued at around USD 7905.00 million in 2021.

In the ticket machine market forecast period of 2022-2027, it is projected to grow at a CAGR of 9.40%.

The significant demand for e-tickets is one of the essential drivers of the Ticket Machine market growth.

METRIC Group Ltd, Sigma S.p.A., KIOSK Information Systems, Scheidt & Bachmann GmbH, and others are some of the most significant Ticket Machine Market Key Players.

North American region holds a major part of the ticket machine market share.

Analyst Review

The global Ticket Machine market gained a value of USD 7905.00 million in 2021 as the ticket machine as it saves time and is self-operated. Other crucial aspects such as an affordable approach to fast transportation with the support of a device, heightened use of blockchain technology, and the reduced requirement to print the tickets due to the launch of the ticket machine are all contributing to the industry's growth.

Aided by the properties of the device being time-saving and self-operating, the market is estimated to see additional expansion in the predicted years between 2022-2027, growing at a CAGR of 9.40%. The market is estimated to achieve USD 13550.00 million by 2027.

Some of the leading players in the industry are Sigma S.p.A., METRIC Group Ltd, KIOSK Information Systems, Scheidt & Bachmann GmbH and Others.

Procurement Resources'Resources' group of experts employs a combination of cutting-edge analytical tools and their expertise to explore the macro and micro aspects of the industry.

Compare test & Choose the Right Report Version for You

Why Procurement Resource?

RIGHT PEOPLE

At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.

RIGHT METHODOLOGY

We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.

RIGHT PRICE

Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.

RIGHT SUPPORT

Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.

Similar Reports
Global Nutmeg Industry Report: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global nutmeg market reached a value of about 130 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 6% in the forecast period of 2022-2027 to reach a value of around 180 thousand tonnes by 2027.

Read More
Global HEOR Service Industry Report: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global HEOR market reached a value of about USD 1364.3 million in 2021. The industry is further expected to grow at a CAGR of about 12.81% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027.

Read More
Global Artificial Intelligence Industry Report: Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global Artificial Intelligence market reached a value of about USD 192 Billion in 2021. The industry is projected to grow at a CAGR of around 23% in the forecast period of 2022-2027 to reach a value of about USD 664.86 Billion by 2027.

Read More

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news