Market Overview:
The global car POS machine market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for car POS machines from passenger cars and commercial cars segments. Additionally, the growing adoption of wireless car POS machines is also contributing to the growth of this market. However, factors such as high installation and maintenance costs are restraining the growth of this market. On the basis of type, Wired car POS machines held a major share in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to their low installation and maintenance costs as compared to wireless car POS machines.
Product Definition:
A Car POS Machine is a point-of-sale device used by automotive dealerships to process sales transactions. The machine allows customers to pay for their purchases with cash, credit or debit cards. In addition, the machine can print out receipts and track inventory levels. The importance of Car POS Machines lies in their ability to streamline the sales process and improve customer service.
Wired:
Wired is a technology that has been around for quite some time. However, its usage in the Car POS Machine market has increased over the past few years owing to several benefits it can offer. The most important benefit is that wired allows for cashless transactions which means there's no need to use any type of cards or tokens to make payments.
Wireless:
Wireless is the current trend in the market and it's usage is increasing day by day. It has many advantages over wired connection, which include ease of movement and less time taken for transaction completion. The wireless technology used in car POS machine uses radio frequency to communicate between devices such as a receiver, transmitter, computer or smartphone etc., instead of cables or wires.
Application Insights:
The passenger car POS machine market is categorized into on-board, off-board and cashless payment systems. On-board payment system includes credit/debit card processing, while off-board payment system includes fuel dispensing systems and parking meters among others. Cashless payments are further segmented into mobile payments, ePayments and paperless payroll among others. The commercial car POS terminal market is expected to witness significant growth over the forecast period owing to the increasing number of commercial vehicles in various parts of the world including North America, Europe and Asia Pacific regions.
Regional Analysis:
North America dominated the global car POS machine market in 2017. The region is expected to witness a considerable growth rate of 4.6% over the forecast period, owing to increasing demand for cashless transactions and implementation of various technological advancements in retailing such as self-service checkout machines and digital payment platforms. Furthermore, presence of major automobile manufacturers such as General Motors Company; Ford Motor Company; Tesla, Inc.; Volkswagen Group; Hyundai Motor Company Ltd.; and others is anticipated to fuel the regional market growth over the forecast period.
Asia Pacific is estimated to be one of the fastest-growing regions from 2018 to 2030 due its large population base along with rising disposable income levels among consumers especially in China and India which are some of largest markets for automobiles across this region are fueling this industry’s growth across Asia Pacific region.
Growth Factors:
- Increasing demand for car rental services
- Rising number of vehicle thefts and accidents
- Proliferation of advanced technologies in the automotive sector
- Growing popularity of cashless transactions
- Increasing adoption of Car POS Machines by small businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Car POS Machine Market Research Report
By Type
Wired, Wireless
By Application
Passenger Car, Commercial Car
By Companies
VeriFone Systems, Fujitsu, Honeywell, First Data, Ingenico, Intermec, CASIO, Data Logic, NCR, Summit POS, VeriFone Systems, DIGITAL DINING, GuestLogix, VISIONTEK, Xinguodu Technology, Newland Group, PAX Technology, Partner Tech
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Car POS Machine Market Report Segments:
The global Car POS Machine market is segmented on the basis of:
Types
Wired, Wireless
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Car
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- VeriFone Systems
- Fujitsu
- Honeywell
- First Data
- Ingenico
- Intermec
- CASIO
- Data Logic
- NCR
- Summit POS
- VeriFone Systems
- DIGITAL DINING
- GuestLogix
- VISIONTEK
- Xinguodu Technology
- Newland Group
- PAX Technology
- Partner Tech
Highlights of The Car POS Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wired
- Wireless
- By Application:
- Passenger Car
- Commercial Car
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Car POS Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A car POS machine is a device that helps you to make transactions at the pump. It typically includes a screen that displays information about the fuel price, and buttons for adding money or selecting payment options.
Some of the major players in the car pos machine market are VeriFone Systems, Fujitsu, Honeywell, First Data, Ingenico, Intermec, CASIO, Data Logic, NCR, Summit POS, VeriFone Systems, DIGITAL DINING, GuestLogix, VISIONTEK, Xinguodu Technology, Newland Group, PAX Technology, Partner Tech.
The car pos machine market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car POS Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Car POS Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car POS Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Car POS Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Car POS Machine Market Size & Forecast, 2020-2028
4.5.1 Car POS Machine Market Size and Y-o-Y Growth
4.5.2 Car POS Machine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wired
5.2.2 Wireless
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Car
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car POS Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Car POS Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wired
9.6.2 Wireless
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Car
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wired
10.6.2 Wireless
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Car
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wired
11.6.2 Wireless
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Car
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wired
12.6.2 Wireless
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Car
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wired
13.6.2 Wireless
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Car
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Car POS Machine Market: Competitive Dashboard
14.2 Global Car POS Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VeriFone Systems
14.3.2 Fujitsu
14.3.3 Honeywell
14.3.4 First Data
14.3.5 Ingenico
14.3.6 Intermec
14.3.7 CASIO
14.3.8 Data Logic
14.3.9 NCR
14.3.10 Summit POS
14.3.11 VeriFone Systems
14.3.12 DIGITAL DINING
14.3.13 GuestLogix
14.3.14 VISIONTEK
14.3.15 Xinguodu Technology
14.3.16 Newland Group
14.3.17 PAX Technology
14.3.18 Partner Tech
