Industrial Vending Machines Market Analysis By Type (Carousel Vending, Coil Vending), By Product (Maintenance, Repair & Operations, PPE), By End-use, By Region, And Segment Forecasts, 2014 - 2025

Published: Nov, 2017 | Pages: 138 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global industrial vending machines market is estimated to reach USD 1.43 billion by 2025, according to a new study by Grand View Research, Inc. The growing need for downtime cost reduction in companies is expected to foster the growth of the market over the forecast period.

Industrial vending machines are expected to lower operational downtime by enabling the company to manage its inventory efficiently. Moreover, the equipment is available in different types such as carousel and coil vending machines. The equipment is designed by OEMs as per the end-use. The equipment enables long-term cost saving, thereby improving the company's efficiency.

The increasing regulations in companies concerning employee safety are expected to stimulate the growth of the market. Vending machines for Personal Protective Equipment (PPE) are increasingly being implemented in manufacturing and oil & gas companies to enable the efficient usage of protective equipment such as gloves, goggles, and helmets, among others. Furthermore, Maintenance, Repair, and Operations (MRO) machines are installed at maintenance facilities in aviation industries, where downtime affects the business operations in a significant way.

OEMs are developing industrial vending machines that are IoT-enabled. For instance, vending machines are connected to the internet that enables data management of the inventory usage and the tracking of inventory to prevent fraudulent activities such as theft. Moreover, these products are connected to the cloud to enable remote access to data. Thus, the company can carry out effective management of the inventory and prevent unnecessary expenses on inventory replenishment.

The market comprises a few big players such as AutoCrib, Inc. and Fastenal Company that are mainly involved in the manufacturing and distribution of this equipment. Additionally, these players provide services such as consulting and maintenance.

Further key findings from the study suggest:

• Industrial coil vending machines are expected to be widely adopted over the forecast period due their large inventory holding capacity

• Asia Pacific is expected to be the fastest-growing regional segment, registering a CAGR of 10.3% over the forecast period. The growth can be attributed to the increasing adoption of automation processes across various industries in this region

• Small and Medium Enterprises are increasingly adopting industrial vending equipment owing to its long-term benefits of cost saving

• Manufacturing companies are expected to implement vending equipment on a large scale for the efficient monitoring of inventory

• Personal and Protective Equipment (PPE) is predicted to be the fastest-growing product segment, registering a CAGR of 9.2% over the next eight years owing to the increased emphasis on employee safety

• Key industry participants include AutoCrib, Inc., Apex Industrial Technologies LLC, Silkron, SupplyPro, Inc., Fastenal Company, SupplyPoint, CribMaster, CMT Industrial Solutions, IVM Ltd., Brammer, and Grainger, Inc., among others.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Research Methodology
                 1.2 Research Scope and Assumptions
                 1.3 List of Data Sources

Chapter 2 Executive Summary
                 2.1 Industrial Vending Machines Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
                 2.2 Global Industrial Vending Machines Market, 2014 - 2025

Chapter 3 Industrial Vending Machine Industry Outlook
                 3.1 Market Segmentation
                 3.2 Industrial Vending Machines - Value Chain Analysis
                 3.3 Market Size and Growth Prospects
                 3.4 Industrial Vending Machines Market Dynamics
                     3.4.1 Market driver analysis
                         3.4.1.1 Cost saving
                         3.4.1.2 Usage monitoring and control
                     3.4.2 Market challenge analysis
                         3.4.2.1 High equipment cost
                 3.5 Penetration and Growth Prospect Mapping
                 3.6 Industrial Vending Machines - Porter's Five Forces Analysis
                 3.7 Industrial Vending Machines - PESTEL Analysis
                 3.8 Industrial Vending Machines Market - Company Ranking, 2016

Chapter 4 Industrial Vending Machines Type Outlook
                 4.1 Industrial Vending Machines Market Share By Type, 2016 & 2025
                 4.2 Carousel Vending Machine
                     4.2.1 Industrial carousel vending machine market, 2014 - 2025
                 4.3 Coil Vending Machine
                     4.3.1 Industrial coil vending machine market, 2014 - 2025
                 4.4 Others
                     4.4.1 Other industrial vending machine market, 2014 - 2025

Chapter 5 Industrial Vending Machines Product Outlook
                 5.1 Industrial Vending Machines Market Share By Product, 2016 & 2025
                 5.2 Maintenance, Repair and Operations (MRO)
                     5.2.1 Maintenance, Repair and Operations (MRO) market, 2014 - 2025
                 5.3 Personal Protective Equipment (PPE)
                     5.3.1 Personal Protective Equipment (PPE) market, 2014 - 2025
                 5.4 Others
                     5.4.1 Other vending machine products market, 2014 - 2025

Chapter 6 Industrial Vending Machines End-use Outlook
                 6.1 Industrial Vending Machines Market Share By End-use, 2016 & 2025
                 6.2 Manufacturing
                     6.2.1 Industrial vending machines in manufacturing end-use, 2014 - 2025
                 6.3 Oil & Gas
                     6.3.1 Industrial vending machines in oil & gas end-use, 2014 - 2025
                 6.4 Others
                     6.4.1 Industrial vending machines in other end-use, 2014 - 2025

Chapter 7 Industrial Vending Machines Regional Outlook
                 7.1 Industrial Vending Machines Market Share, By Region, 2016 & 2025
                 7.2 North America
                     7.2.1 North America industrial vending machines market, 2014 - 2025
                     7.2.2 North America industrial vending machines market, by type, 2014 - 2025
                     7.2.3 North America industrial vending machines market, by product, 2014 - 2025
                     7.2.4 North America industrial vending machines market, by end-use, 2014 - 2025
                     7.2.5 U.S.
                         7.2.5.1 U.S. industrial vending machines market, 2014 - 2025
                         7.2.5.2 U.S. industrial vending machines market, by type, 2014 - 2025
                         7.2.5.3 U.S. industrial vending machines market, by product, 2014 - 2025
                         7.2.5.4 U.S. industrial vending machines market, by end-use, 2014 - 2025
                     7.2.6 Canada
                         7.2.6.1 Canada industrial vending machines market, 2014 - 2025
                         7.2.6.2 Canada industrial vending machines market, by type, 2014 - 2025
                         7.2.6.3 Canada industrial vending machines market, by product, 2014 - 2025
                         7.2.6.4 Canada industrial vending machines market, by end-use, 2014 - 2025
                 7.3 Europe
                     7.3.1 Europe industrial vending machines market, 2014 - 2025
                     7.3.2 Europe industrial vending machines market, by type, 2014 - 2025
                     7.3.3 Europe industrial vending machines market, by product, 2014 - 2025
                     7.3.4 Europe industrial vending machines market, by end-use, 2014 - 2025
                     7.3.5 UK
                         7.3.5.1 UK industrial vending machines market, 2014 - 2025
                         7.3.5.2 UK industrial vending machines market, by type, 2014 - 2025
                         7.3.5.3 UK industrial vending machines market, by product, 2014 - 2025
                         7.3.5.4 UK industrial vending machines market, by end-use, 2014 - 2025
                     7.3.6 Germany
                         7.3.6.1 Germany industrial vending machines market, 2014 - 2025
                         7.3.6.2 Germany industrial vending machines market, by type, 2014 - 2025
                         7.3.6.3 Germany industrial vending machines market, by product, 2014 - 2025
                         7.3.6.4 Germany industrial vending machines market, by end-use, 2014 - 2025
                 7.4 Asia Pacific
                     7.4.1 Asia Pacific industrial vending machines market, 2014 - 2025
                     7.4.2 Asia Pacific industrial vending machines market, by type, 2014 - 2025
                     7.4.3 Asia Pacific industrial vending machines market, by product, 2014 - 2025
                     7.4.4 Asia Pacific industrial vending machines market, by end-use, 2014 - 2025
                     7.4.5 China
                         7.4.5.1 China industrial vending machines market, 2014 - 2025
                         7.4.5.2 China industrial vending machines market, by type, 2014 - 2025
                         7.4.5.3 China industrial vending machines market, by product, 2014 - 2025
                         7.4.5.4 China industrial vending machines market, by end-use, 2014 - 2025
                     7.4.6 India
                         7.4.6.1 India industrial vending machines market, 2014 - 2025
                         7.4.6.2 India industrial vending machines market, by type, 2014 - 2025
                         7.4.6.3 India industrial vending machines market, by product, 2014 - 2025
                         7.4.6.4 India industrial vending machines market, by end-use, 2014 - 2025
                     7.4.7 Japan
                         7.4.7.1 Japan industrial vending machines market, 2014 - 2025
                         7.4.7.2 Japan industrial vending machines market, by type, 2014 - 2025
                         7.4.7.3 Japan industrial vending machines market, by product, 2014 - 2025
                         7.4.7.4 Japan industrial vending machines market, by end-suse, 2014 - 2025
                 7.5 Latin America
                     7.5.1 Latin America industrial vending machines market, 2014 - 2025
                     7.5.2 Latin America industrial vending machines market, by type, 2014 - 2025
                     7.5.3 Latin America industrial vending machines market, by product, 2014 - 2025
                     7.5.4 Latin America industrial vending machines market, by end-use, 2014 - 2025
                     7.5.5 Brazil
                         7.5.5.1 Brazil industrial vending machines market, 2014 - 2025
                         7.5.5.2 Brazil industrial vending machines market, by type, 2014 - 2025
                         7.5.5.3 Brazil industrial vending machines market, by product, 2014 - 2025
                         7.5.5.4 Brazil industrial vending machines market, by end-use, 2014 - 2025
                     7.5.6 Mexico
                         7.5.6.1 Mexico industrial vending machines market, 2014 - 2025
                         7.5.6.2 Mexico industrial vending machines market, by type, 2014 - 2025
                         7.5.6.3 Mexico industrial vending machines market, by product, 2014 - 2025
                         7.5.6.4 Mexico industrial vending machines market, by end-use, 2014 - 2025
                 7.6 MEA
                     7.6.1 MEA industrial vending machines market, 2014 - 2025
                     7.6.2 MEA industrial vending machines market, by type, 2014 - 2025
                     7.6.3 MEA industrial vending machines market, by product, 2014 - 2025
                     7.6.4 MEA industrial vending machines market, by end-use, 2014 - 2025

Chapter 8 Competitive Landscape
                 8.1 Apex Industrial Technologies, LLC
                     8.1.1 Company overview
                     8.1.2 Financial overview
                     8.1.3 Product benchmarking
                     8.1.4 Strategic initiatives
                 8.2 SupplyPro, Inc.
                     8.2.1 Company overview
                     8.2.2 Financial overview
                     8.2.3 Product benchmarking
                     8.2.4 Strategic initiatives
                 8.3 SupplyPoint
                     8.3.1 Company overview
                     8.3.2 Financial overview
                     8.3.3 Product benchmarking
                     8.3.4 Strategic initiatives
                 8.4 AutoCrib, Inc.
                     8.4.1 Company overview
                     8.4.2 Financial overview
                     8.4.3 Product benchmarking
                     8.4.4 Strategic initiatives
                 8.5 Silkron
                     8.5.1 Company overview
                     8.5.2 Financial overview
                     8.5.3 Product benchmarking
                 8.6 Fastenal Company
                     8.6.1 Company overview
                     8.6.2 Financial overview
                     8.6.3 Product benchmarking
                     8.6.4 Strategic initiatives
                 8.7 CribMaster
                     8.7.1 Company overview
                     8.7.2 Product benchmarking
                     8.7.3 Strategic initiatives
                 8.8 CMT Industrial Solutions
                     8.8.1 Company overview
                     8.8.2 Financial overview
                     8.8.3 Product benchmarking
                 8.9 IVM Ltd.
                     8.9.1 Company overview
                     8.9.2 Financial overview
                     8.9.3 Product benchmarking
                 8.10 Brammer
                     8.10.1 Company overview
                     8.10.2 Financial overview
                     8.10.3 Product benchmarking
                 8.11 W.W. Grainger, Inc.
                     8.11.1 Company overview
                     8.11.2 Financial overview
                     8.11.3 Product benchmarking

List of Tables

TABLE 1 Industrial vending machines market - Industry snapshot & key buying criteria, 2014 - 2025
TABLE 2 Global industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 3 Global industrial vending machines, by region, 2014 - 2025 (USD Million)
TABLE 4 Global industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 5 Global Industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 6 Global Industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 7 Industrial vending machines - Key market driver impact
TABLE 8 Industrial vending machines - Key market challenge impact
TABLE 9 Cost of industrial vending machines (in USD)
TABLE 10 Industrial carousel vending machine market, 2014 - 2025 (USD Million)
TABLE 11 Industrial carousel vending machine market, by region, 2014 - 2025 (USD Million)
TABLE 12 Industrial coil vending machine market, 2014 - 2025 (USD Million)
TABLE 13 Industrial coil vending machine market, by region, 2014 - 2025 (USD Million)
TABLE 14 Other industrial vending machine market, 2014 - 2025 (USD Million)
TABLE 15 Other industrial vending machine market, by region, 2014 - 2025 (USD Million)
TABLE 16 Maintenance, Repair, and Operations (MRO) market, 2014 - 2025 (USD Million)
TABLE 17 Maintenance, Repair, and Operations (MRO) market, by region, 2014 - 2025 (USD Million)
TABLE 18 Personal Protective Equipment (PPE) market, 2014 - 2025 (USD Million)
TABLE 19 Personal Protective Equipment (PPE) market, by region, 2014 - 2025 (USD Million)
TABLE 20 Other vending machine products market, 2014 - 2025 (USD Million)
TABLE 21 Other vending machine products market, by region, 2014 - 2025 (USD Million)
TABLE 22 Industrial vending machines in manufacturing end-use, 2014 - 2025 (USD Million)
TABLE 23 Industrial vending machines in manufacturing end-use, by region, 2014 - 2025 (USD Million)
TABLE 24 Industrial vending machines in oil & gas end-use, 2014 - 2025 (USD Million)
TABLE 25 Industrial vending machines in oil & gas end-use, by region, 2014 - 2025 (USD Million)
TABLE 26 Industrial vending machines in other end-use, 2014 - 2025 (USD Million)
TABLE 27 Industrial vending machines in other end-use, by region, 2014 - 2025 (USD Million)
TABLE 28 North America industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 29 North America industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 30 North America industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 31 North America industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 32 U.S. industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 33 U.S. industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 34 U.S. industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 35 U.S. industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 36 Canada industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 37 Canada industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 38 Canada industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 39 Canada industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 40 Europe industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 41 Europe industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 42 Europe industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 43 Europe industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 44 UK industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 45 UK industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 46 UK industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 47 UK industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 48 Germany industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 49 Germany industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 50 Germany industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 51 Germany industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 52 Asia Pacific industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 53 Asia Pacific industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 54 Asia Pacific industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 55 Asia Pacific industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 56 China industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 57 China industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 58 China industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 59 China industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 60 India industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 61 India industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 62 India industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 63 India industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 64 Japan industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 65 Japan industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 66 Japan industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 67 Japan industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 68 Latin America industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 69 Latin America industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 70 Latin America industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 71 Latin America industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 72 Brazil industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 73 Brazil industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 74 Brazil industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 75 Brazil industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 76 Mexico industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 77 Mexico industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 78 Mexico industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 79 Mexico industrial vending machines market, by end-use, 2014 - 2025 (USD Million)
TABLE 80 MEA industrial vending machines market, 2014 - 2025 (USD Million)
TABLE 81 MEA industrial vending machines market, by type, 2014 - 2025 (USD Million)
TABLE 82 MEA industrial vending machines market, by product, 2014 - 2025 (USD Million)
TABLE 83 MEA industrial vending machines market, by end-use, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Market segmentation and scope
FIG. 2 Industrial vending machines - Value chain analysis
FIG. 3 Global industrial vending machines market, 2014 - 2025 (USD Million)
FIG. 4 Industrial vending machines market dynamics
FIG. 5 Average reduction in spending due to vending solution, 2016 (in USD Thousands)
FIG. 6 Average reduction in consumption due to vending solutions, 2016 (in units)
FIG. 7 Key opportunities prioritized
FIG. 8 Industrial vending machines market - Porter's five forces analysis
FIG. 9 Industrial vending machines - PESTEL analysis
FIG. 10 Industrial vending machines - Company ranking analysis
FIG. 11 Industrial vending machines market, by type, 2016 & 2025
FIG. 12 Industrial vending machines market, by product, 2016 & 2025
FIG. 13 Industrial vending machines market, by end-use, 2016 & 2025
FIG. 14 Industrial vending machines market by region, 2016 & 2025
FIG. 15 Regional market place - Key takeaways
FIG. 16 North America industrial vending machines market - Key takeaways
FIG. 17 Europe industrial vending machines market - Key takeaways
FIG. 18 Asia Pacific industrial vending machines market - Key takeaways
FIG. 19 Latin America industrial vending machines market - Key takeaways
FIG. 20 MEA industrial vending machines market - Key takeaways