Industrial Vending Machine Market Report Scope & Overview:

The Industrial Vending Machine Market size was valued at USD 1.43 Bn in 2022 and is expected to reach USD 3.24 Bn by 2030 with a growing at CAGR of 10.7 % over the forecast period 2023-2030.

Vending machines are gadgets utilized to apportion items like food items, refreshments items, tobacco items, and others. Industrial vending machines are utilized at eateries and clubs, workplaces, institutional structures, occupants, and others. The continuous mechanical upset in the vending industry is supposed to emphatically affect market development. The execution of RFID and cloud foundation in the vending industry has empowered the following and observing of stock for the anticipation of deceitful exercises like abuse and robbery. Besides, these innovations give electronic records of the stock status and investigation instruments to offer bits of knowledge to the client for powerful stock administration. The advancements further proposition continuous permeability of stock to guarantee that items, for example, producing hardware and apparatuses are not lost and are promptly accessible.

Industrial Vending Machine Market Revenue Analysis

To get more information on Industrial Vending Machine Market - Request Free Sample Report



  • The rise of cutting-edge innovations.

  • The incorporation of RFID labels and cloud framework into industrial vending machines.

  • Advantages, like less energy utilization and cost-viability, and rising focal point of organizations from various ventures.


  • The assembling business is confronting difficulties in overseeing MRO things.

  • Absence of consistency or lack of estimating.

  • A huge stock of non-basic and high-volume things in stores, which increment the holding cost as well as consumes stockroom space.


  • The underlying buying cost of candy machines.

  • High upkeep costs related to candy machines close by their extremely functional personal time.


  • little and medium-sized undertakings connected with different businesses, like aviation, fabricating, medical services, development, and oil and gas, which have an enormous client base.

  • The rising SMEs in every one of the areas are settling on merry-go-round machines, as they are practical, require less floor space, and consume the least energy.

  • These candy machines assist with alleviating the administration of inventories and improving their exhibition.


The modern candy machine market saw a critical decrease in its size in 2020 inferable from the spread of the infection. The pandemic has unfavorably affected the inventory network of the modern candy machine market, as a portion of the unmistakable market players is situated in China, which was the focal point of COVID-19. Besides, directly following the ongoing circumstance, the central participants are zeroing in on keeping up with and producing working incomes. This prompted a decrease in the number of improvements in the modern candy machine market in 2020. Various booked item dispatches and related advancements have been deferred because of the pandemic. In any case, the effect of COVID-19 is supposed to lessen during the conjecture time frame.



The coil vending machine section is supposed to enlist the most elevated development rate over the figure time frame. These machines hold more stock contrasted with other item types, consume less power, and are not difficult to keep up with, making them more conservative. Subsequently, the portion is expected to accomplish a predominant market position by 2030.

Carousel industrial vending machines are utilized for items like apparatuses, cutters, and little testing gear. These items consume less floor space and are hence generally embraced by SMEs. Additionally, this hardware is cost-effective and subsequently prudent for organizations. Different sorts of hardware include cupboards and storage spaces that are handcrafted in view of the end-user. These cupboards and storage spaces are by and large utilized for MROs, which are supplied in similarly higher amounts and volumes.


The personal protective equipment (PPE) section is supposed to observe momentous development over the estimated time frame. Developing accentuation on representative security has driven the execution of industrial vending machines to store individual insurance gear. What's more, expanding guidelines with respect to worker well-being is supposed to drive interest in industrial vending machines for PPE hardware. Also, alongside industrial vending machines, industry merchants give PPE supplies too, consequently expanding their reception. Maintenance, repair, and operations (MRO) supplies, for example, instruments, spare parts, sealants, coatings, toolbox, and testing gear are required the most during personal time. Hence, MRO hardware is supplied and kept up with for an enormous scope in businesses where the expense of free time is high. MRO supplies are additionally a significant piece of the floor stock and consequently following them is fundamental for some businesses like assembling, oil and gas, and aeronautics. Modern candy machines give a simple method for following and keeping up with MRO supplies, accordingly driving the portion development.


Fabricating was the biggest end-use section for industrial vending equipment in 2021. Industrial vending machines are generally taken on in the assembling area inferable from the significant expenses related to functional personal time. Industrial vending machines additionally assist with working on functional proficiency and keeping track of stockpile utilization. North America is projected to observe worthwhile development inferable from the various assembling SMEs in the region. Oil and gas are supposed to arise as the quickest developing fragment over the gauge time frame attributable to the significant expense of gear like penetrating instruments and PPE hardware. Besides, worker security is a high need in this industry because of its perilous workplace. Opposite end-use businesses incorporate flying and military and protection. The significant expense related to superfluous free time drives the reception of Industrial vending machines in these businesses.


On the Basis of Type

  • Carousel Vending Machine

  • Coil Vending Machine

  • Vertical Lift Machines

  • Scale Vending Machines and

  • Others

On the Basis of Product

  • Maintenance, Repair & Operations

  • Personal Protective Equipment

  • Others 

On the Basis of End-use

  • Manufacturing

  • Oil & Gas

  • Aerospace

  • Healthcare

  • Construction

  •  Others

Industrial Vending Machine Market Segmentation Analysis

Need any customization research on Industrial Vending Machine Market - Enquiry Now


In 2019, North America represented the biggest portion of more than 37.90% of the market inferable from the presence of various OEMs and wholesalers situated in the locale. North America-based organizations are pioneers in many innovations in the assembling business, which in this way adds to the development of the territorial market. Besides, developing mindfulness in regard to laborer security and unsafe workplaces drives the provincial interest in modern candy machines. The Asia Pacific is assessed to be the quickest developing business sector over the conjecture time frame. The developing number of SMEs in the district drives the item interest. Additionally, nations, as example, China and Japan are home to a few OEMs, in this way driving the local market development. As nations like China, India, and South Korea embrace impending assembling and creation rehearsal, the district is expected to build up forward movement in the last option part of the conjecture time frame.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The major key players are Airgas, Inc., Apex Industrial Technologies LLC, AutoCrib, Inc., Brammer, CMT Industrial Solutions, CribMaster, Fastenal Company, MSC Industrial Direct Co., Inc., IVM Ltd., Silkron SupplyPoint W.W., Grainger, Inc. SupplyPro, Inc. Grainger, Inc.

Airgas, Inc-Company Financial Analysis

Industrial Vending Machine Market Report Scope:

Report Attributes Details
Market Size in 2022 US$ 1.43  Billion
Market Size by 2030 US$ 3.24  Billion
CAGR CAGR of 10.7% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by product type (Vertical CNC Milling Machines, Horizontal CNC Milling Machines, Universal CNC Milling Machines)
• by axis type (3Axis,4 Axis, Others)
• by end-use (Automobile, Electrical & Electronics, Aerospace & Defense)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Airgas, Inc. Apex Industrial Technologies, LLC AutoCrib, Inc. Brammer CMT Industrial Solutions CribMaster Fastenal Company MSC Industrial Direct Co., Inc. IVM Ltd. Silkron SupplyPoint W.W. Grainger, Inc. SupplyPro, Inc. Grainger, Inc.
Key Drivers •The rise of cutting-edge innovations.
•The incorporation of RFID labels and cloud framework into industrial vending machines.
Restraints •The assembling business is confronting difficulties in overseeing MRO things.
•Absence of consistency or lacking estimating.

Frequently Asked Questions

Ans: - The Industrial Vending Machine Market size was valued at USD 2.08 Bn in 2022.

Ans: - The Industrial Vending Machine Market is to grow at a CAGR of 10.7% From 2023 to 2030.

Ans: - The segments are covered in the Industrial Vending Machine Market report for study are on the basis of type, product, and end-use.

Ans: - The Asia Pacific is assessed to be the quickest developing business sector over the conjecture time frame.

Ans: - The major key players are Airgas, Inc. Apex Industrial Technologies, LLC AutoCrib, Inc. Brammer CMT Industrial Solutions CribMaster Fastenal Company MSC Industrial Direct Co., Inc. IVM Ltd. Silkron SupplyPoint W.W. Grainger, Inc. SupplyPro, Inc. Grainger, Inc.

Table of Contents

1. Introduction

1.1 Market Definition 

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia War

4.3 Impact of Ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Industrial vending machine Market Segmentation, By Type

8.1Carousel Vending Machine

8.2Coil Vending Machine

8.3Vertical Lift Machines

8.4 Scale Vending Machines and

8.5 Others

9. Industrial vending machine Market Segmentation, By product

9.1 Maintenance, Repair & Operations

9.2 Personal Protective Equipment

9.3 Others 

10. Industrial vending machine Market Segmentation, By End-use

10.1 Manufacturing

10.2 Oil & Gas

10.3 Aerospace,

10.4 Healthcare,

10.5 Construction an

10.5 Others

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12. Company Profiles

12.1Brother Industries

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 Brother Industries, Ltd.

12.3 Dalian Machine Tool Group Corporation

12.4 DMG Mori Seiki Co. Ltd

12.5 GILDEMEISTER energy solutions GmbH

12.6 Kitamura Machinery

12.7 Makino Milling Machine Co.Ltd

12.8 Shenyang Machine Tools Co. Ltd.

13. Competitive Landscape

13.1 Competitive Benchmarking

13.2 Market Share Analysis

13.3 Recent Developments

14. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.


The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone