Asia Pacific Payment Machine Mounting Systems Market

Market Introduction

The Asia Pacific countries are experiencing steep growth in the retail sector and the hospitality sector. The strong growth is attributed to the rise in per capita income, which allows the APAC population to invest in traveling, dining, and purchasing goods from hypermarkets, supermarkets, and convenience stores. The growth in these activities has led to a rise in the number of hotels, restaurants, and retail stores. The continuously rising count of hotels, pubs, restaurants, retail stores is generating significant demand for POS systems, a majority of the population use credit cards and debit cards for transaction at the aforementioned end users. The increase in demand for POS systems is throttling the demand for POS mounts, which is a driving factor for payment machine mounting system market.

Asia Pacific Payment Machine Mounting Systems Strategic Insights

Strategic insights for the Asia Pacific Payment Machine Mounting Systems provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Asia Pacific Payment Machine Mounting Systems Report Scope

Asia Pacific Payment Machine Mounting Systems Regional Insights

The geographic scope of the Asia Pacific Payment Machine Mounting Systems refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The APAC payment machine mounting systems market was valued at US$ 93.04 million in 2019 and is expected to grow at a CAGR of 8.6% during the forecast period to reach US$ 173.03 million by 2027. Changing lifestyle of masses has resulted in a number of hotels and dining places, contributing in deploying POS systems. The installation of POS systems in dining places and hotels is anticipated to boost the adoption rate of mounting systems to ensure secure payments. In India, retail is a major industry for the country’s revenue generation. The country’s retail businesses continue to flourish in developing cities and have begun implementing POS systems to save time and cost. Also, Malaysia is witnessing stupendous growth in its retail sector. These factors are anticipated to propel the payment machine mounting systems market from 2020 – 2027.

Key Market Segments

In terms of end-users, the retail stores segment accounted for a largest share of the APAC payment machine mounting systems market in 2019. Others segment held the second largest share in the market, based on monitoring technique, in 2019. The others segment is anticipated to surge at a prime rate during the forecast period from 2020 to 2027.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the payment machine mounting systems market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. The major companies listed in the APAC payment machine mounting systems market report are Apollo Electronics Co. Ltd., Adtec Pty Ltd., Diwei Industries Co. Ltd., and Lumi Legend Corporation, among others.

Reasons to buy report

• It provides understanding of the APAC payment machine mounting systems market landscape and identifies market segments that are most likely to guarantee a strong return.
• It guides stay ahead of the race by comprehending the ever-changing competitive landscape for the APAC payment machine mounting systems market.
• It helps efficiently plan merger and acquisition, and partnership deals in the APAC payment machine mounting systems market by identifying market segments with the most promising probable sales
• It facilitates knowledgeable business decision-making through perceptive and comprehensive analysis of market performance of various segments pertaining to the APAC payment machine mounting systems market.

• It provides market revenue forecast of the market based on various segments for the period from 2020 to 2027.

APAC Payment Machine Mounting Systems Market–Segmentation

By Types

• POS Mounts
  • Fixed Payment Mounts
  • Drive Extension Arm Payment Mounts
• Others

By End-Users

• Retail Stores
• Restaurants & Pubs
• Hospitals
• Hotels
• Others

By Country

• Australia
• China
• India
• Japan
• South Korea
• Rest of APAC

APAC Payment Machine Mounting Systems Market - Companies Mentioned

• Apollo Electronics Co., Ltd.
• Atdec Pty Ltd.
• Diwei Industrial Co. Ltd.
• Ergonomic Solutions
• Innovative Office Products LLC

• Lumi Legend Corporation