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";s:4:"text";s:7258:"This has become more important than ever, given the current uncertainty due to COVID-19. Growing demand for on-the-go snacks, drinks, etc. The rest, as they say, is history.

View the full release here: https://www.businesswire.com/news/home/20200921005312/en/, Technavio has announced its latest market research report titled Global Vending Machine Market 2020-2024 (Graphic: Business Wire), Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. 6. Industrial vending machines enable organizations to adopt new, automated approach to maintenance, repair, and operations (MRO) inventory management, thus optimizes their MRO spends. Annual estimates and forecasts are provided for the period 2015 through 2022. Intelligent Vending Machine Industry Background . Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements: The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$983.3 Million to the region's size and clout in the next 5 to 6 years. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. RECENT INDUSTRY ACTIVITY Microsoft Partners with Mondelez for Cloud Connected 3D Interactive VM Fuji Electric to Strengthen its Chinese Vending Machine Business Tech Startup Vengo Signs Distribution Partnership with Canteen Azkoyen Group to Offer Vending Services at Almaty Ice Arena in Kazakhstan KKR to Take Over Selecta from Allianz Suntory Beverage & Food to Purchase Vending Machines of Japan Tobacco Inc. Xtra-vision to Expand Xpress DVD VM Business through Partnership with Musgrave AVT Signs Agreement with Blint Group for Made-To-Order Protein Shake VM Eden Springs Takes Over Kafevend Selecta Partners with Unicum 10. The various insights and estimations help market participants get clear and in-depth idea of the evolution trajectories of the market. INDIA A.Market Analysis Current & Future Analysis Vending Machines Witness Widespread Growth Market Challenges Product Launch B.Market Analytics Installed Base of Vending Machines Table 123: Indian Recent Past, Current & Future Analysis for Installed Base of Vending Machines by Product Type - Beverage Vending Machine, Food Vending Machine, and Other Vending Machines Markets Independently Analyzed in 000 Units for Years 2015 through 2022 (includes corresponding Graph/Chart) Table 124: Indian Historic Review for Installed Base of Vending Machines by Product Type - Beverage Vending Machine, Food Vending Machine, and Other Vending Machines Markets Independently Analyzed in 000 Units for Years 2009 through 2014 (includes corresponding Graph/Chart) Table 125: Indian 14-Year Perspective for Installed Base of Vending Machines by Product Type - Percentage Breakdown of Machines Installed for Beverage Vending Machine, Food Vending Machine, and Other Vending Machines Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) Sale of Products through Vending Machines Table 126: Indian Recent Past, Current & Future Analysis for Product Sales through Vending Machines by Product Type - Beverage, Food, and Other Products & Services Markets Independently Analyzed with Annual Revenues in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) Table 127: Indian Historic Review for Product Sales through Vending Machines by Product Type - Beverage, Food, and Other Products & Services Markets Independently Analyzed with Annual Revenues in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) Table 128: Indian 14-Year Perspective for Product Sales through Vending Machines by Product Type - Percentage Breakdown of Revenues for Beverage, Food, and Other Products & Services Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) 5c. The latest software can be added to turn the machines into smart vending machines. This study identifies the growing demand for intelligent vending machines from the retail industry as one of the prime reasons driving the vending machine market growth during the next few years. from 8 AM - 9 PM ET, Copyright © 2020 PR Newswire Association LLC. This press release features multimedia. JAPAN A.Market Analysis Current & Future Analysis Market Overview Technological Innovations in Vending Machines Use of Natural Refrigerants Boost Vending Machine Market in Japan Increasing Usage of Natural Refrigerants Government Policy Select Market Trends Technology Advancements Spearhead Growth Growing Popularity of Smart Soft-Drink Vending Machines Gold Vending Machines Cigarette Vending Machines - Under Control Table 42: Japanese Recent Past, Current & Future Analysis for Sale of Cigarettes through Vending Machines Analyzed with Annual Revenues in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) Table 43: Japanese Historic Review for Sale of Cigarette through Vending Machines Analyzed with Annual Revenues in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) Product Launch Strategic Corporate Development Select Players B.Market Analytics Installed Base of Vending Machines Table 44: Japanese Recent Past, Current & Future Analysis for Installed Base of Vending Machines by Product Type - Beverage Vending Machine, Food Vending Machine, and Other Vending Machines Markets Independently Analyzed in 000 Units for Years 2015 through 2022 (includes corresponding Graph/Chart) Table 45: Japanese Historic Review for Installed Base of Vending Machines by Product Type - Beverage Vending Machine, Food Vending Machine, and Other Vending Machines Markets Independently Analyzed in 000 Units for Years 2009 through 2014 (includes corresponding Graph/Chart) Table 46: Japanese 14-Year Perspective for Installed Base of Vending Machines by Product Type - Percentage Breakdown of Machines Installed for Beverage Vending Machine, Food Vending Machine, and Other Vending Machines Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) Sale of Products through Vending Machines Table 47: Japanese Recent Past, Current & Future Analysis for Product Sales through Vending Machines by Product Type - Beverage, Food, and Other Products & Services Markets Independently Analyzed with Annual Revenues in US$ Million for Years 2015 through 2022 (includes corresponding Graph/Chart) Table 48: Japanese Historic Review for Product Sales through Vending Machines by Product Type - Beverage, Food, and Other Products & Services Markets Independently Analyzed with Annual Revenues in US$ Million for Years 2009 through 2014 (includes corresponding Graph/Chart) Table 49: Japanese 14-Year Perspective for Product Sales through Vending Machines by Product Type - Percentage Breakdown of Revenues for Beverage, Food, and Other Products & Services Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart) 4. 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