Market Introduction
The European countries are financially balanced and capitalize on lump-sum amounts towards the adoption of newer technologies across industries. The healthcare industry, retail industry, and hospitality sectors encounter a significant number of customers annually, and this facilitates the industries to gain profit year on year. The continuously increasing profits enable the industry players to adopt robust technologies, including POS systems, in large volumes. This factor increases the demand for POS mounts in order to facilitate the customers with easy payment options. The rise in demand for POS systems in European countries generates substantial demand for POS mounts, which catalyzes the payment machine mounting system market.
Market Overview and Dynamics
The Europe payment machine mounting systems market was valued at US$ 58.31 million in 2019 and is expected to grow at a CAGR of 5.7% during the forecast period to reach US$ 87.07 million by 2027. The hospitality sector is another category of users for POS and their mounting systems. The increasing number of hotels and restaurants in the Europe is majorly due to heavy inflow of customers which is driving the use of POS solutions. The use of tablets and iPads in resorts, restaurants, and hotels is generating the demand for protected stands. With the increase in demand for POS solutions in hospitality sector in the Europe region, the demand for POS mounts is anticipated to surge through 2027, thereby catalysing the payment machine mounting systems market.
Key Market Segments
In terms of end-users, the retail stores segment accounted for a largest share of the Europe 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 Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. The major companies listed in the Europe payment machine mounting systems market report are Apollo Electronics Co. Ltd., ENS-CO, HPC Systems, Innovative Office Products, and Ergonomic Solutions, among others.
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- It provides understanding of the Europe payment machine mounting systems market landscape and identifies market segments that are most likely to guarantee a strong return.
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- It facilitates knowledgeable business decision-making through perceptive and comprehensive analysis of market performance of various segments pertaining to the Europe payment machine mounting systems market.
- It provides market revenue forecast of the market based on various segments for the period from 2020 to 2027.
Europe Payment Machine Mounting Systems Market–Segmentation
- POS Mounts
- Fixed Payment Mounts
- Drive Extension Arm Payment Mounts
- Others
By End-Users
- Retail Stores
- Restaurants & Pubs
- Hospitals
- Hotels
- Others
By Country
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Europe Payment Machine Mounting Systems Market - Companies Mentioned
- Apollo Electronics Co., Ltd.
- Atdec Pty Ltd.
- ENS-CO
- Ergonomic Solutions
- HPC Systems
- Innovative Office Products LLC
- Lumi Legend Corporation
- Techpole
Europe Payment Machine Mounting Systems Market Strategic Insights
Europe Payment Machine Mounting SystemsMarket Report Highlights
| Report Attribute | Details |
| Market size in 2019 | US$ 58.31 Million |
| Market Size by 2027 | US$ 87.07 Million |
| CAGR (2019 - 2027) | 5.7% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Types
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Regions and Countries Covered
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| Europe | UK, Germany, France, Russia, Italy, Rest of Europe |
| Market leaders and key company profiles |
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Europe Payment Machine Mounting Systems Market Country and Regional Insights
