Global Ticket Vending Machine (TVM) Market Research Report 2017-2022
Deerfield Beach, FL -- (SBWIRE) -- 04/19/2017 -- A ticket machine Market, also known as a Ticket Vending Machine (TVM), is a vending machine that produces tickets. For instance, 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 either cash, credit/debit card or smartcard. The ticket or tickets are printed and dispensed to the user.
To encourage usage of ticket machines and reduce the need for salespersons, machine prices may in some cases be lower than those at a ticket counter.
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In many countries where trains and urban transport tickets operate largely on the honor system (with enforcement by roving inspectors or conductors), there are also machines in stations (or in vehicles) just for validating tickets. This is for the situation where one buys a ticket in advance and decides to use it later. Usually, the ticket is time-stamped to determine its validity period. A common problem is forgetting to validate and then being fined as if one had no ticket at all.
Ticket machines that are out of service or accept 'exact change only' result in losses for transport providers. Ticket machines on trams in Melbourne, for example, often run out of change when passengers use a higher ratio of $2 and 50c coins, depleting the ticket machine of smaller coin denominations (10c, 20c). Passengers do not need to buy tickets on trams when ticket machines run out of change.
Such machines are generally not used in the United States. Nearly all American mass transit networks operating on the honor system expect their users to buy tickets immediately before use; regular riders can avoid that inconvenience by buying period passes in advance (often from the same machines that sell daily or one-time tickets). Recently, however, a handful of regional rail systems like Metrolink have adopted the use of validation machines for at least some ticket types.
Ticket machines are often used in car parking, as well as those that issue free tickets — for example, those for virtual queueing.
This report provides detailed analysis of worldwide markets for Ticket Vending Machine (TVM) from 2011-2016, and provides extensive market forecasts (2016-2021) by region/country and subsectors. It covers the volumes, prices, historical growth and future perspectives in the Ticket Vending Machine (TVM) market and further lays out an analysis of the factors influencing the supply/demand for Ticket Vending Machine (TVM), and the opportunities/challenges faced by industry participants. It also acts as an essential tool to companies active across the value chain and to the new entrants by enabling them to capitalize the opportunities and develop business strategies.
The report has been prepared based on the synthesis, analysis, and interpretation of information about the global Ticket Vending Machine (TVM) market collected from specialized sources. The report covers key technological developments in the recent times and profiles leading players in the market and analyzes their key strategies.
Global Ticket Vending Machine (TVM) Market : Top Manufactures
Lean Kiosk Systems
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The report provides separate comprehensive analytics for the North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World. In this sector, global competitive landscape and supply/demand pattern of Ticket Vending Machine (TVM) industry has been provided.