Transportation Ticket Vending Machine (TVM) is a convenient way to purchase one way and day passes. Ticket machines dispense train tickets at railway stations, transit tickets at metro stations and tram tickets at some tram stops and in some trams. The typical transaction consists of a user using the display interface to select the type and quantity of tickets and then choosing a payment method of cash, credit/debit card or smartcard. The ticket or tickets are printed and dispensed to the user.

Market Analysis and Insights: Global Transportation Ticket Vending Machine (TVM) Market

Due to the COVID-19 pandemic, the global Transportation Ticket Vending Machine (TVM) market size is estimated to be worth US$ 161.5 million in 2022 and is forecast to a readjusted size of US$ 203.1 million by 2028 with a CAGR of 3.9% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Non-cash Payment accounting for % of the Transportation Ticket Vending Machine (TVM) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Subway Stations segment is altered to an % CAGR throughout this forecast period.

Global Transportation Ticket Vending Machine (TVM) main players are Parkeon, Xerox, Omron, Scheidt & Bachmann, Wincor Nixdorf, etc. Global top five manufacturers hold a share over 35%. Europe is the largest market, with a share nearly 35%.

Global Transportation Ticket Vending Machine (TVM) Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Transportation Ticket Vending Machine (TVM) Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.


Segment by Type


Non-cash Payment

Cash Payment


Segment by Application


Subway Stations

Railway Stations

Bus Stations


By Company


Parkeon

Xerox

Omron

Scheidt & Bachmann

Wincor Nixdorf

Genfare

ICA Traffic

IER

DUCATI Energia

Sigma

GRG Banking

AEP

Beiyang

Potevio

Shanghai Huahong


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Latin America

Mexico

Brazil

Argentina