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Retail Automation Market to Grow at a CAGR of 13.09% to 2018

RnRMarketResearch.com adds report “Retail Automation Market by POS Products (Kiosk, SCO, Cash Register, Receipt Printer, Currency Counter, Weight Scale, Barcode Reader), Supply Chain Products (Belt Conveyor, Scissor Lift, Electronic Shelf Label) & Geography (2013 – 2018)” to its store.

The global retail industry is developing at a high growth rate due to many reasons likeincreasingretailers’ investment in the retail sector, high demand from the customer, increasing population, and so on. Retailers require advanced and developed systems to meet current market needs; such as reducing the operational costsforretail stores, obtaining accurate results during transactions,and fast processing in retailing. Retail automation, with its automated machines, is a solution for meeting all these needs.

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Some of the major companies dominating the retail market are Verifone (U.S.), Pricer (Sweden), SES (France), Toshiba (U.S.), NCR (U.S.), First Data (U.S.), Zebra Technologies, Motorola, Casio, Posiflex (Taiwan), Wincor-Nixdorf (Germany), Eltrade (Bulgaria), Fujitsu (Japan), CTS (U.S.), and Ingenico (France).

The overall market is expected to grow at a CAGR of 13.09% from 2013 to 2018due to various factors such as increasing need for fast process completion, growing automation market, and the developing retail market. Retail automation is the latest trend in some of the major countries such as the U.S., Germany, Japan, the UK, and so on. Competitive landscape ofeach player and the market share havebeen presentedin the report; along with a detailed geographic analysis of theretail automation market, covering the major regional markets, namelyAmericas, Europe, APAC, and Rest of the World (ROW). Some of the major agreements, chief acquisitions, collaborations, and partnerships that may boost the sales of the market are also discussed in the report.

Retail automation market is continuously growing with regards to new innovated products. Two-three decades ago,vending machine was the burning trend, which, today,has beenreplaced by the kiosk. Although kiosk is afamous product, majorly, in Americas, but other regions such as Europe, APAC, and ROWhave also been increasing its consumption, of late. Various new products, such as the self-checkout system, have gained automation traction. Customers are demanding privacy and sophistication in their shopping. Self-checkout system, with the privacy that it offersin terms of the check out process, helps customers to experience a comfortable and safe purchase. The ‘contactless card reader’ is the latest technology that has been making the payment process,smooth and easy,withits high tech processing.

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Scope of the report

This research report categorizes the global market on the basis of various products, and thegeographicalmarket; it also covers the revenue forecast from 2013 to 2018. It describes the demand for retail automation in various regions. Global market is segmented on the basis of two segments; namely retail Point of Sale (POS), and supply chain. The products included under the point of sale segment are kiosk, self checkout system, cash registers, barcode reader, receipt/bill printer,currency counter, weight scale, PIN pad, card reader, and the contactless card reader. Products included under supply chain automation are belt conveyor, scissor lift, and electronic shelf label.

On the basis of the geographical regions

Geographical analysis covers Americas, Europe, Asia-Pacific, and the ROW. In this report, Americas is, currently, leading the retail market because of the presence of an organized retail sector. Americas is followed by Europe and APAC.Europe has beenincreasing its foothold in retail automation as a result of the development in some of its majorcountries like Germany, the U.K., and France. At present, the APAC market is small, but is estimated to grow over thenext 5-6 years. Countries such as Japan, China, and India will drive the automation sectorwith regards to the APAC retail market. ROW has beencontributing a small share in the global market, but it is expected to show a minor growth, thanks to countries like Brazil.

Complete report available @ http://www.rnrmarketresearch.com/retail-automation-market-by-pos-products-kiosk-sco-cash-register-receipt-printer-currency-counter-weight-scale-barcode-reader-supply-chain-products-belt-conveyor-scissor-lift-electronic-sh-market-report.html .

Browse Retailing Industry Reports @ http://www.rnrmarketresearch.com/reports/consumer-goods/retailing .

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