Global Automatic Ticket Machine Market

Global Automatic Ticket Machine Market Size, Share, Growth Analysis, By Payment Type(Smart Card Payment, Cash Payment), By Application(Public Transport, Entertainment) - Industry Forecast 2023-2030


Report ID: SQSG20D2017 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 64 | Figures: 75

Global Automatic Ticket Machine Market Insights

Global Automatic Ticket Machine Market size was valued at USD 12.3 Billion in 2021 and is poised to grow from USD 14.08 Billion in 2022 to USD 38.06 Billion by 2030, at a CAGR of 13.20 % during the forecast period (2023-2030).

An automated method of producing electronic or paper tickets using smart cards, cash, coins, or NFC technology is a passenger ticket vending machine. At airports, train stations, bus stops, and subway stations, ticket vending machines produce fare tickets. It is a time-effective ticketing solution that, when compared to conventional ticketing systems, eliminates the need for lengthy lines at public transportation hubs. The two main trends driving the growth of the global market for passenger ticket vending machines are the shift in urban commuter outlook and the increase in the adoption of digital technology. In addition, the introduction of smart technologies in the field of public transportation has a direct impact on the demand for passenger ticket vending machines.

The use of an automatic ticket machine eliminates the need for cash payments and worries about linguistic barriers between passengers and drivers, enabling hassle-free smartcard payment. Every time a card is swiped, useful information is gathered and instantly added to a database to allow for more effective payment processing, quicker transactions, and shorter processing times. Additionally, it gives retailers the ability to efficiently manage records and deal with large volumes of transactions. The ability for staff to quickly produce fare tokens and tickets is also made possible by faster transaction validation.

The automatic ticket machine market is expected to grow as a result of elements like low labor costs and minimal operational time, increased effectiveness, improved transportation infrastructure, and improved security measures. High installation and maintenance costs, however, limit market expansion. On the other hand, market participants are expected to benefit from lucrative growth opportunities due to the increase in digital payments and the signing of agreements and contracts with rail operators.

US Automatic Ticket Machine Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2023-2030

Global Market Size

USD 12.3 Billion

Largest Segment

Smart Card Payment

Fastest Growth

Smart Card Payment

Growth Rate

13.20% CAGR

Globa Automatic Ticket Machine Market, 2022-2028 ($ Bn)
Country Share for Asia Pacific Region- 2021 (%)
Global Automatic Ticket Machine Market Size By Payment Type, 2022-2028 ($ Bn)
Global Automatic Ticket Machine Market Size By Payment Type, 2022-2028 (%)

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Global Automatic Ticket Machine Market Segmental Analysis

Global automatic ticket machine market is segmented based on the application, end use, and region. Based on the payment type, the automatic ticket machine market is segmented into smart card payment, cash payment, and others. Based on application, the automatic ticket machine market is segmented into public transport, entertainment and gaming and others. Based on region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.

Automatic Ticket Machine Market Analysis by Payment Type

Based on the payment type, the automatic ticket machine market is segmented into smart card payment, cash payment, and others. The smart card payment segment held larger market share and is expected to develop significantly throughout the projection period because they provide advantages over cash payments, such as greater convenience, security, and less human handling of currency. The use of smart cards with an embedded RFID chip is expanding in the public transportation industry. Additionally, smart cards are mostly used in the gaming and entertainment industries because they eliminate the need for handling currency while participating in games or viewing movies. Given that cash is the default payment method in the event that a smart card is faulty, the cash payment segment is predicted to rise steadily. Due to the use of NFC technology to generate automatic tickets via mobile phones without the need for cash or smart cards, mobile payment options have potential in the future.

Automatic Ticket Machine Market Analysis by Application

Based on application the automatic ticket machine market is segmented into public transport, entertainment and gaming and others. As more multi-specialty hubs and retail establishments are built, the entertainment and gaming segment is expected to experience exponential expansion. This section provides just-in-time ticketing solutions, cutting down on the extra time needed. Additionally, smart ticketing solutions have expanded significantly due to the use of multimedia and the adoption of the Internet of Things (IoT).

Because passengers using trains, trams, buses, and other public transportation systems increasingly use smart cards, the public transportation sector is anticipated to expand significantly. The top producers provide their customers with NFC-enabled ticketing solutions, mixed automatic ticketing systems, etc. For example, Xerox Corporation provides cloud ticketing automated machine solutions for both small and large businesses.

Global Automatic Ticket Machine Market By Payment Type, 2021 (%), 2021 (%)

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Global Automatic Ticket Machine Market Regional Insights

Asia Pacific dominated the global market in 2021. The continually increasing investment in commercial real estate in China and India, developing nations, is one of the main factors contributing to the region's dominant position on the market. Additionally, the region's accelerating urbanization and rising demand for public transportation are both positive signs for the local market. Increasing train passenger numbers and rising financial support for airport and commercial infrastructure renovations governmental bodies in this region are making significant investments in infrastructure projects and choosing to form alliances to obtain a competitive edge in the market. For instance, the Indian Railways introduced the one-touch ATVM at 42 suburban stations in October 2019 to enable quick ticketing for commuters in the Mumbai Suburban Network. The ATVMs run Linux-based software. For the replacement of ATVM machines, the union budget for 2022–2023 has set aside about USD 640 million. More than 1,000 ATVMs that were purchased in phases are present on both zonal railways.

Due to the significant presence of manufacturers of ticket vending machines in the member states of the European Union (EU), significant growth is anticipated in Europe. On the other hand, due to the rising demand for smart ticketing systems from the rural areas of the US and Canada, the North American market is anticipated to have a period of strong expansion.

Global Automatic Ticket Machine By Geography, 2022-2028, 2023-2030
  • Largest
  • Fastest

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Global Automatic Ticket Machine Market Dynamics

Automatic Ticket Machine Market Driver

  • Growth in the market is anticipated to be fuelled by the expanding tourism sector, an aging population, and the pervasive smart city trend. In the upcoming years, product penetration will be aided by the growing need for connected devices. Additionally, widespread implementation of automatic ticket machines across a variety of verticals, including transportation, sports & entertainment venues, etc., has been sparked by increased awareness of these devices across various end-use sectors, which will further support market growth over the projection period.
  • The time-saving aspect of the ticket machine is that it operates on its own at most locations. The requirement to print the tickets has decreased as a result of the advent of the ticket machine. Additionally, the expense of overhead, transportation, and account teams to oversee the process has been avoided. The ticket machines have already received the data, and at the conclusion of the day, they are synchronized with the depot or the station.

Automatic Ticket Machine Market Restraint

  • Installation of passenger ticket vending machine companies entails high costs, which include setting up communication networks (wired networks) and installing network equipment (all types of networks), repairing installed system hardware, fine-tuning, and testing system hardware, as well as system component interaction. Handheld collecting devices are needed by bus transportation service providers, however, considerably larger infrastructure is needed for subway and train systems. This raises installation costs generally, which slows the market's expansion.

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Global Automatic Ticket Machine Market Competitive Landscape

The global automatic ticket machine market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D.

Top Players in the Global Automatic Ticket Machine Market

  • Siemens AG (Germany)
  • Thales Group (France)
  • Cubic Corporation (United States)
  • Xerox Corporation (United States)
  • NCR Corporation (United States)
  • Diebold Nixdorf, Incorporated (United States)
  • Scheidt & Bachmann GmbH (Germany)
  • Toshiba Corporation (Japan)
  • Parkeon (France)
  • Omron Corporation (Japan)
  • Gemalto NV (Netherlands)
  • Wincor Nixdorf AG (Germany)
  • Keolis Group (France)
  • Flowbird Group (France)
  • Genfare (United States)
  • Giesecke+Devrient GmbH (Germany)
  • Hitachi, Ltd. (Japan)
  • INIT GmbH (Germany)
  • Paragon ID (France)
  • Scheidt & Bachmann USA, Inc. (United States)

Automatic Ticket Machine Market Recent Developments

  • In July 2022, The Swiss Federal Railways (SBB) have signed a partnership agreement with Fincons Group and Cervello to obtain services to secure SBB's Railway command & control systems across Switzerland. The deployment of Cervello’s solution by SBB is aligned with SBBs’ vision and strategy to ensure reliable and safe transportation for its passengers on a daily basis. Fincons Group will support Cervello as a system integrator and provide SBB with local technical support as part of the agreement.
  • In July 2022, NXP Semiconductors collaborated with Hon Hai Technology Group (“Foxconn”) to jointly develop platforms for a new generation of smart connected vehicles.

Global Automatic Ticket Machine Key Market Trends

  • The primary metrics used to evaluate automatic ticket machines are speed, efficiency, security, and convenience. Future market demands would necessitate multi-modal services that could be accessed via a single form factor (smart card, chip paper ticket, mobile phone, or wearable). Such multifunctional gadgets would have to integrate security capabilities, payment options, speed, and contactless ticketing system performance. Therefore, the industry would be driven by new, quicker, and more dependable solutions with security features that provide greater protection for user data.
  • To improve efficiency, performance, and interoperability, authorities are choosing open standard-based platforms over proprietary platforms more frequently. All participants in the industry are welcome to join the standardization body to contribute to the standardization process, and independent agencies certify open standard products. Therefore, open standards adhere to fair and transparent terms and conditions. Market expansion is projected to be sped up by products that are cost-effective, interoperable, non-proprietary, based on open standards, scalable, and capable of handling tickets, identification, micropayments, and mobile payments.

Global Automatic Ticket Machine Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our global automatic ticket machine market analysis, in terms of payment type, the smart card payment segment held larger market share and is expected to develop significantly throughout the projection period because they provide advantages over cash payments, such as greater convenience, security, and less human handling of currency. In terms of application, the entertainment and gaming segment is held larger market share. This section provides just-in-time ticketing solutions, cutting down on the extra time needed. Additionally, smart ticketing solutions have expanded significantly due to the use of multimedia and the adoption of the Internet of Things (IoT).

Report Metric Details
Market size value in 2021 USD 12.3 Billion
Market size value in 2030 USD 38.06 Billion
Growth Rate 13.20%
Base year 2021
Forecast period 2023-2030
Forecast Unit (Value) USD Billion
Segments covered
  • Payment Type
    • Smart Card Payment, Cash Payment, Others
  • Application
    • Public Transport, Entertainment, Gaming, Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Siemens AG (Germany)
  • Thales Group (France)
  • Cubic Corporation (United States)
  • Xerox Corporation (United States)
  • NCR Corporation (United States)
  • Diebold Nixdorf, Incorporated (United States)
  • Scheidt & Bachmann GmbH (Germany)
  • Toshiba Corporation (Japan)
  • Parkeon (France)
  • Omron Corporation (Japan)
  • Gemalto NV (Netherlands)
  • Wincor Nixdorf AG (Germany)
  • Keolis Group (France)
  • Flowbird Group (France)
  • Genfare (United States)
  • Giesecke+Devrient GmbH (Germany)
  • Hitachi, Ltd. (Japan)
  • INIT GmbH (Germany)
  • Paragon ID (France)
  • Scheidt & Bachmann USA, Inc. (United States)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Global Automatic Ticket Machine Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Global Automatic Ticket Machine Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Global Automatic Ticket Machine Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Automatic Ticket Machine Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Automatic Ticket Machine Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Global Automatic Ticket Machine Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Global Automatic Ticket Machine Market size was valued at USD 12.3 Billion in 2021 and is poised to grow from USD 14.08 Billion in 2022 to USD 38.06 Billion by 2030, at a CAGR of 13.20 % during the forecast period (2023-2030).

The global automatic ticket machine market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Siemens AG (Germany)', 'Thales Group (France)', 'Cubic Corporation (United States)', 'Xerox Corporation (United States)', 'NCR Corporation (United States)', 'Diebold Nixdorf, Incorporated (United States)', 'Scheidt & Bachmann GmbH (Germany)', 'Toshiba Corporation (Japan)', 'Parkeon (France)', 'Omron Corporation (Japan)', 'Gemalto NV (Netherlands)', 'Wincor Nixdorf AG (Germany)', 'Keolis Group (France)', 'Flowbird Group (France)', 'Genfare (United States)', 'Giesecke+Devrient GmbH (Germany)', 'Hitachi, Ltd. (Japan)', 'INIT GmbH (Germany)', 'Paragon ID (France)', 'Scheidt & Bachmann USA, Inc. (United States)'

Growth in the market is anticipated to be fuelled by the expanding tourism sector, an aging population, and the pervasive smart city trend. In the upcoming years, product penetration will be aided by the growing need for connected devices. Additionally, widespread implementation of automatic ticket machines across a variety of verticals, including transportation, sports & entertainment venues, etc., has been sparked by increased awareness of these devices across various end-use sectors, which will further support market growth over the projection period.

The primary metrics used to evaluate automatic ticket machines are speed, efficiency, security, and convenience. Future market demands would necessitate multi-modal services that could be accessed via a single form factor (smart card, chip paper ticket, mobile phone, or wearable). Such multifunctional gadgets would have to integrate security capabilities, payment options, speed, and contactless ticketing system performance. Therefore, the industry would be driven by new, quicker, and more dependable solutions with security features that provide greater protection for user data.

Asia Pacific dominated the global market in 2021. The continually increasing investment in commercial real estate in China and India, developing nations, is one of the main factors contributing to the region's dominant position on the market. Additionally, the region's accelerating urbanization and rising demand for public transportation are both positive signs for the local market. Increasing train passenger numbers and rising financial support for airport and commercial infrastructure renovations governmental bodies in this region are making significant investments in infrastructure projects and choosing to form alliances to obtain a competitive edge in the market. For instance, the Indian Railways introduced the one-touch ATVM at 42 suburban stations in October 2019 to enable quick ticketing for commuters in the Mumbai Suburban Network. The ATVMs run Linux-based software. For the replacement of ATVM machines, the union budget for 2022–2023 has set aside about USD 640 million. More than 1,000 ATVMs that were purchased in phases are present on both zonal railways.

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Global Automatic Ticket Machine Market

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