Market Overview:
The global ticket vending machines (TVM) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing adoption of TVMs by transportation service providers for issuing tickets and passes. Additionally, the growing demand for cashless transactions is also propelling the growth of the global TVM market. Based on type, the global TVM market can be segmented into non-cash payment type and cash payment type. The non-cash payment type segment is anticipated to register higher growth during the forecast period owing to its advantages such as convenience and security over cash payments. By application, subway stations are expected to account for a major share of the global TVM market in 2018 owing to their high footfall volume across different geographies.
 Industry Outlook.svg)
Product Definition:
A ticket vending machine (TVM) is a machine that dispenses tickets for transportation, such as bus, train, or air travel. TVMs are also used in other settings to vend tickets for events and attractions.
Non-cash payment type:
Non-cash payment type includes all types of payments other than cash. The global non-cash payment market is expected to witness significant growth over the forecast period owing to increasing demand for digital money, growing e-commerce industry and rising use of mobile phones among consumers.
Cash payment type:
Cash payment type is used in TVM to purchase single or multiple tickets. It is also used by the vendor to dispose of unused coupons and change from cash received through coin machines. The cash payment type segment has witnessed significant growth over the past few years owing to increased usage of currency across various regions, which has led to a rise in demand for TVMs that accept cash payments.
The introduction of new technologies such as Near Field Communication (NFC).
Application Insights:
The global market has been segmented into two applications, namely subway stations and railway stations. The former is expected to dominate the overall industry in terms of revenue by 2030 owing to increasing usage of TVM at various locations such as metro stations, bus stands and railway station vending machines. In addition, growing investments for the development of transport infrastructure in developing countries including China India & Brazil are anticipated to boost industry growth over the forecast period.
The railway station application segment is also expected to witness significant growth over the forecast period owing to increasing government initiatives for improving passenger amenities across different regions globally. For instance, vending machine solutions provider Air Fox has partnered with Netherlands based company ABB Ltd., which provides rail automation technology and services for installation of automated fare collection systems at train stations around Europe.
Regional Analysis:
North America dominated the global ticket vending machines market in 2017. The growth of this region can be attributed to the presence of a large number of prominent players such as American Express, Inc.; Bank Of America Corporation; Citi; JPMorgan Chase & Co.; Wells Fargo & Company and many more. These companies are continuously investing in order to provide their products with advanced technology and ensure high customer satisfaction. This is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing government initiatives for implementation of automated railway systems across various countries such as India, China, Japan.
The European region accounted for a major share in terms of revenue generation owing mainly on increased adoption across Italy, U.K.
Growth Factors:
- Increasing demand for convenience: The growing demand for convenience is one of the key growth drivers for the TVM market. Consumers are looking for ways to make their lives easier and this has led to an increase in the adoption of ticket vending machines.
- Rising number of events and concerts: The number of events and concerts is increasing every year, which is driving the demand for TVMs. These machines offer a convenient way to purchase tickets without having to stand in long queues or deal with ticket scalpers.
- Growing popularity of online ticketing: The popularity of online ticketing is another major driver for the TVM market. With more people preferring to buy tickets online, vendors are increasingly installing TVMs in order to cater to this segment of consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ticket Vending Machines (TVM) Market Research Report
By Type
Non-cash payment type, Cash payment type
By Application
Subway Stations, Railway Stations, Bus Stations
By Companies
Parkeon, Xerox, Omron, Scheidt & Bachmann, Wincor Nixdorf, Genfare, ICA Traffic, IER, DUCATI Energia, Sigma, GRG Banking, AEP, Beiyang, Potevio, Shanghai Huahong
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Ticket Vending Machines (TVM) Market Report Segments:
The global Ticket Vending Machines (TVM) market is segmented on the basis of:
Types
Non-cash payment type, Cash payment type
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
Subway Stations, Railway Stations, Bus Stations
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:
- Parkeon
- Xerox
- Omron
- Scheidt & Bachmann
- Wincor Nixdorf
- Genfare
- ICA Traffic
- IER
- DUCATI Energia
- Sigma
- GRG Banking
- AEP
- Beiyang
- Potevio
- Shanghai Huahong
 Market Overview.svg)
Highlights of The Ticket Vending Machines (TVM) 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:
- Non-cash payment type
- Cash payment type
- By Application:
- Subway Stations
- Railway Stations
- Bus Stations
- 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 Ticket Vending Machines (TVM) 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
Ticket vending machines (TVMs) are a type of automated ticketing machine used in amusement parks, stadiums, and other venues. They allow customers to purchase tickets for events without having to stand in line. TVMs typically accept cash or credit cards and can also sell event tickets online.
Some of the major companies in the ticket vending machines (tvm) market are Parkeon, Xerox, Omron, Scheidt & Bachmann, Wincor Nixdorf, Genfare, ICA Traffic, IER, DUCATI Energia, Sigma, GRG Banking, AEP, Beiyang, Potevio, Shanghai Huahong.
The ticket vending machines (tvm) market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ticket Vending Machines (TVM) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ticket Vending Machines (TVM) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ticket Vending Machines (TVM) Market - Supply Chain
4.5. Global Ticket Vending Machines (TVM) Market Forecast
4.5.1. Ticket Vending Machines (TVM) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ticket Vending Machines (TVM) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ticket Vending Machines (TVM) Market Absolute $ Opportunity
5. Global Ticket Vending Machines (TVM) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ticket Vending Machines (TVM) Market Size and Volume Forecast by Type
5.3.1. Non-cash payment type
5.3.2. Cash payment type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ticket Vending Machines (TVM) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ticket Vending Machines (TVM) Market Size and Volume Forecast by Application
6.3.1. Subway Stations
6.3.2. Railway Stations
6.3.3. Bus Stations
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ticket Vending Machines (TVM) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ticket Vending Machines (TVM) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ticket Vending Machines (TVM) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ticket Vending Machines (TVM) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ticket Vending Machines (TVM) Demand Share Forecast, 2019-2026
9. North America Ticket Vending Machines (TVM) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ticket Vending Machines (TVM) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ticket Vending Machines (TVM) Market Size and Volume Forecast by Application
9.4.1. Subway Stations
9.4.2. Railway Stations
9.4.3. Bus Stations
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ticket Vending Machines (TVM) Market Size and Volume Forecast by Type
9.7.1. Non-cash payment type
9.7.2. Cash payment type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ticket Vending Machines (TVM) Demand Share Forecast, 2019-2026
10. Latin America Ticket Vending Machines (TVM) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ticket Vending Machines (TVM) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ticket Vending Machines (TVM) Market Size and Volume Forecast by Application
10.4.1. Subway Stations
10.4.2. Railway Stations
10.4.3. Bus Stations
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ticket Vending Machines (TVM) Market Size and Volume Forecast by Type
10.7.1. Non-cash payment type
10.7.2. Cash payment type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ticket Vending Machines (TVM) Demand Share Forecast, 2019-2026
11. Europe Ticket Vending Machines (TVM) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ticket Vending Machines (TVM) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ticket Vending Machines (TVM) Market Size and Volume Forecast by Application
11.4.1. Subway Stations
11.4.2. Railway Stations
11.4.3. Bus Stations
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ticket Vending Machines (TVM) Market Size and Volume Forecast by Type
11.7.1. Non-cash payment type
11.7.2. Cash paymenttype
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ticket Vending Machines (TVM) Demand Share, 2019-2026
12. Asia Pacific Ticket Vending Machines (TVM) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ticket Vending Machines (TVM) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ticket Vending Machines (TVM) Market Size and Volume Forecast by Application
12.4.1. Subway Stations
12.4.2. Railway Stations
12.4.3. Bus Stations
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ticket Vending Machines (TVM) Market Size and Volume Forecast by Type
12.7.1. Non-cash payment type
12.7.2. Cash payment type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ticket Vending Machines (TVM) Demand Share, 2019-2026
13. Middle East & Africa Ticket Vending Machines (TVM) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ticket Vending Machines (TVM) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ticket Vending Machines (TVM) Market Size and Volume Forecast by Application
13.4.1. Subway Stations
13.4.2. Railway Stations
13.4.3. Bus Stations
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ticket Vending Machines (TVM) Market Size and Volume Forecast by Type
13.7.1. Non-cash payment type
13.7.2. Cash payment type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ticket Vending Machines (TVM) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ticket Vending Machines (TVM) Market: Market Share Analysis
14.2. Ticket Vending Machines (TVM) Distributors and Customers
14.3. Ticket Vending Machines (TVM) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Parkeon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Xerox
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Omron
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Scheidt & Bachmann
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wincor Nixdorf
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Genfare
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ICA Traffic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. IER
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DUCATI Energia
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sigma
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GRG Banking
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. AEP
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Beiyang
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Potevio
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shanghai Huahong
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
