Market Highlights: The passenger ticket vending machines is vending machines which generate tickets. The vending machines dispense tickets at various places such as railways stations, subways station, airports, bus stands and others. The ticket vending machines are access by the customers through cash, smart card or credit/debit cards. The passenger ticket vending machine is beneficial in providing innovative technologies and services that improve the payment gateway & real time solution. It has been observed that the introduction of touch screen based ticketing kiosks by the key players in passenger ticket vending machines is expected to flourish the global passenger ticket vending machines market in future. The ticket vending machine companies adding more rugged hardware and a stable Linux based firmware at different end user in Asia-Pacific countries as these countries are focused on automatic systems. The market study is being classified by Type (Fully Automatic and Semi-Automatic), by Application (Railway Station , Subway Station , Bus Stop and Airport ) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Passenger Ticket Vending Machine are Omron (Japan), Parkeon (France), Scheidt & Bachmann (United States), Xerox (United States), AEP (United States), DUCATI Energia (Italy), Genfare (United States), GRGBanking (China) and ICA (Belgium).
In July 2018, Scotland’s national rail operator ScotRails introduced a Rambus’ mobile ticketing solution which is beneficial in offering one point solution such as HCE Ticket Wallet Service, buy & download tickets with their smartphones.
Key Questions Answered in the Report What will the Passenger Ticket Vending Machine Market size and the growth rate be in Future? What are the key factors driving the Passenger Ticket Vending Machine Market? What are the key market trends and macro-economic impacting the growth of the Passenger Ticket Vending Machine Market? What are the challenges to market growth? Who are the key vendors in the Passenger Ticket Vending Machine Market? What are the market opportunities and threats faced by the vendors in the Passenger Ticket Vending Machine Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Passenger Ticket Vending Machine Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Passenger Ticket Vending Machine market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Passenger Ticket Vending Machine market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Passenger Ticket Vending Machines Manufacturers, Passenger Ticket Vending Machines Traders, End-Use Market Participants of Different Segments of Passenger Ticket Vending Machines, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.