North America Payment Machine Mounting Systems Market to Grow at a CAGR of 3.5% to reach US$ 95.21 Million from 2020 to 2027

North America Payment Machine Mounting Systems Market to 2027- Covid-19 Impact and Regional Analysis by Types (POS Mount (Fixed Payment Mount, Drive Extension Arm Payment Mount), Others); End Users (Retail Stores, Restaurant and Pubs, Hotels, Hospitals, Others), and Country

Publication Month: Aug 2020 | Report Code: TIPRE00012977 | No. of Pages: 100 | Category: Technology, Media and Telecommunications | Status: Published
Covid

The payment machine mounting system market in North America was valued at US$ 74.89 million in 2019 and is projected to reach US$ 95.21 million by 2027; it is expected to grow at a CAGR of 3.5% from 2020 to 2027.

The North American countries are technologically advanced, especially the US and Canada. The industries in the region continuously seek technologically advanced solutions and systems in order to ease the lifestyle. The card payment system has been a long-standing payment method in the North American countries, and the majority of the transactions in hotels, restaurants, hospitals, grocery stores are carried out using a debit card or credit card. With the rise in demand for card-based payment in the region, several companies are engaged in developing payment terminal mounts or stands. The development of such a mechanism is attracting a significant percentage of end users, which is influencing the payment machine mounting system market to grow. The count of hotels, bars, restaurants, retail stores, and hospitals is at a constant rise in recent times in the North American region. The rising number of end users is demanding an increased number of Point of Sale (POS) terminals, which in turn is catalyzing the procurement of POS stands, thereby driving the payment machine mounting system market.

 

The Canadian end users are also seeking fixed and movable POS mounts, which enable the end users to save space at the payment counter and also facilitate the customers to transact through the POS system easily. The growing number of end users in the Canadian region is a key influential parameter for the payment machine mounting system market. Mexico, on the other, is showcasing significant demand for POS systems across end users. This is due to the fact that the country is witnessing substantial growth in the number of retail stores, hotels, restaurants, and hospitals, among others. The continuous growth in end users, coupled with the rise in trend of digital payments in the country, is propelling the end users to procure an increased number of POS systems. The rise in the adoption of the POS system is generating significant demand for POS mounts, which is supporting the growth of the payment machine mounting system market.

The outbreak of COVID-19 in North America has led to a national emergency, further leading to the imposition of lockdown measures. The lockdown scenario has resulted in a temporary shutdown of hotels, pubs, restaurants, and small retail stores. This has weakened the adoption of POS mounts among the end users who operate POS systems without POS mounts, thereby negatively impacting the growth of the payment machine mounting system market. In addition, the POS mounts manufacturers are experiencing labor shortage as a result of the imposition of lockdown; this is leading to a massive fall in production volumes, which is creating a significant threat to the manufacturers. This is due to the fact that as and when the COVID-19 crisis will end, and the end users begin to normalize their business, the demand for POS mounts would rise. During such a massively growing demand scenario, less production volume is anticipated to disrupt the payment machine mounting system market in the North American region.
North America Payment Machine Mounting Systems Marke

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North America 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

  • US
  • Canada
  • Mexico

 

North America Payment Machine Mounting Systems Market - Companies Mentioned

  • Apollo Electronics Co., Ltd.
  • Atdec Pty Ltd.
  • ENS-CO
  • Ergonomic Solutions
  • Innovative Office Products LLC
  • Lumi Legend Corporation
  • MMF POS

 

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Payment Machine Mounting Systems Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        North America

4.3         Ecosystem Analysis

5.           Payment Machine Mounting Systems Market –  Key Market Dynamics

5.1         Market Drivers

5.1.1        Growing Retail Outlets

5.1.2        Booming Hospitality Sector

5.2         Market Restraints

5.2.1        Use of mPOS Technology for Making Payments

5.3         Market Opportunity

5.3.1        Continuous Surge in Restaurants and Hospitals to Drive Growth

5.4         Future Trends

5.4.1        Evolution of Modular Technology Mounting Solutions

5.5         Impact Analysis

6.           Payment Machine Mounting Systems Market – North America Analysis

6.1         North America Payment Machine Mounting Systems Market Overview

6.1.1        North America: Payment Machine Mounting Systems Market – Revenue and Forecast to 2027 (US$ Million)

6.2         Market Positioning – Key Players

7.           Payment Machine Mounting Systems Market Analysis – By Type

7.1         Overview

7.2         Payment Machine Mounting Systems Market Breakdown, by Type, 2019 & 2027

7.3         POS Mount

7.3.1        Overview

7.3.2        POS Mount Market Revenue and Forecast to 2027 (US$ Million)

7.3.3        Fixed Payment Mount

7.3.3.1          Overview

7.3.3.2          Fixed Payment Mount Market Revenue and Forecast to 2027 (US$ Million)

7.3.4        Drive Extension Arm Payment Mount

7.3.4.1          Overview

7.3.4.2          Drive Extension Arm Payment Mount Market Revenue and Forecast to 2027 (US$ Million)

7.4         Other Types

7.4.1        Overview

7.4.2        Other Types Market Revenue and Forecast to 2027 (US$ Million)

8.           Payment Machine Mounting Systems Market Analysis – By End User

8.1         Overview

8.2         Payment Machine Mounting Systems Market Breakdown, by End User, 2019 & 2027

8.3         Retail Stores

8.3.1        Overview

8.3.2        Retail Stores Market Revenue and Forecast to 2027 (US$ Million)

8.4         Restaurant & Pubs

8.4.1        Overview

8.4.2        Restaurant & Pubs Market Revenue and Forecast to 2027 (US$ Million)

8.5         Hotels

8.5.1        Overview

8.5.2        Hotels Market Revenue and Forecast to 2027 (US$ Million)

8.6         Hospitals

8.6.1        Overview

8.6.2        Hospitals Market Revenue and Forecast to 2027 (US$ Million)

8.7         Others

8.7.1        Overview

8.7.2        Others Market Revenue and Forecast to 2027 (US$ Million)

9.           Payment Machine Mounting Systems Market Analysis – By Country

9.1.1        North America: Payment Machine Mounting Systems Market, by Key Country

9.1.1.1          US: Payment Machine Mounting Systems Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.1.1          US: Payment Machine Mounting Systems Market, by Type

9.1.1.1.1.1        US: Payment Machine Mounting Systems Market, by POS Mount

9.1.1.1.2          US: Payment Machine Mounting Systems Market, by End Users

9.1.1.2          Canada: Payment Machine Mounting Systems Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.2.1          Canada: Payment Machine Mounting Systems Market, by Type

9.1.1.2.1.1        Canada: Payment Machine Mounting Systems Market, by POS Mount

9.1.1.2.2          Canada: Payment Machine Mounting Systems Market, by End Users

9.1.1.3          Mexico: Payment Machine Mounting Systems Market – Revenue and Forecast to 2027 (US$ Million)

9.1.1.3.1          Mexico: Payment Machine Mounting Systems Market, by Type

9.1.1.3.1.1        Mexico: Payment Machine Mounting Systems Market, by POS Mount

9.1.1.3.2          Mexico: Payment Machine Mounting Systems Market, by End Users

10.        Impact of Coronavirus Outbreak

10.1      Impact of COVID-19 Pandemic on North America Payment Machine Mounting Systems Market

11.        Company Profiles

11.1      Apollo Electronics Co., Ltd.

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2      Atdec Pty Ltd

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3      ENS-CO

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4      Ergonomic Solutions

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      Innovative Office Products, LLC

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6      Lumi Legend Corporation

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

11.7      MMF POS

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Products and Services

11.7.4     Financial Overview

11.7.5     SWOT Analysis

11.7.6     Key Developments

12.        Appendix

12.1      About The Insight Partners

12.2      Word Index

LIST OF TABLES

Table 1.             Europe: Payment Machine Mounting Systems Market – Revenue and Forecast to 2027 (US$ Million)

Table 2.             North America: Payment Machine Mounting Systems Market, by Country – Revenue and Forecast to 2027 (US$ Million)

Table 3.             US: Payment Machine Mounting Systems Market, by Type – Revenue and Forecast to 2027 (US$ Million)

Table 4.             US: Payment Machine Mounting Systems Market, by POS Mount – Revenue and Forecast to 2027 (US$ Million)

Table 5.             US: Payment Machine Mounting Systems Market, by End Users – Revenue and Forecast to 2027 (US$ Million)

Table 6.             Canada: Payment Machine Mounting Systems Market, by Type – Revenue and Forecast to 2027 (US$ Million)

Table 7.             Canada: Payment Machine Mounting Systems Market, by POS Mount – Revenue and Forecast to 2027 (US$ Million)

Table 8.             Canada: Payment Machine Mounting Systems Market, by End Users – Revenue and Forecast to 2027 (US$ Million)

Table 9.             Mexico: Payment Machine Mounting Systems Market, by Type – Revenue and Forecast to 2027 (US$ Million)

Table 10.          Mexico: Payment Machine Mounting Systems Market, by POS Mount – Revenue and Forecast to 2027 (US$ Million)

Table 11.          Mexico: Payment Machine Mounting Systems Market, by End Users – Revenue and Forecast to 2027 (US$ Million)

Table 12.          Payment Machine Mounting Systems Market: List of Abbreviation


LIST OF FIGURES

Figure 1.           North America Payment Machine Mounting Systems Market Segmentation

Figure 2.           North America Payment Machine Mounting Systems Market Segmentation – By Countries

Figure 3.           North America Payment Machine Mounting Systems Market Overview

Figure 4.           North America Payment Machine Mounting Systems Market, By Type

Figure 5.           North America Payment Machine Mounting Systems Market, By End User

Figure 6.           North America – PEST Analysis

Figure 7.           Payment Machine Mounting Systems Market Ecosystem Analysis

Figure 8.           Payment Machine Mounting Systems Market: Impact Analysis of Drivers and Restraints

Figure 9.           North America Overview of Payment Machine Mounting Systems Market

Figure 10.        North America: Payment Machine Mounting Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Payment Machine Mounting Systems Market Breakdown, by Type (2019 and 2027)

Figure 12.        POS Mount Market Revenue and Forecast To 2027(US$ Million)

Figure 13.        Fixed Payment Mount Market Revenue and Forecast To 2027(US$ Million)

Figure 14.        Drive Extension Arm Payment Mount Market Revenue and Forecast To 2027(US$ Million)

Figure 15.        Other Types Market Revenue and Forecast To 2027(US$ Million)

Figure 16.        Payment Machine Mounting Systems Market Breakdown, by End User (2019 and 2027)

Figure 17.        Retail Stores Market Revenue and Forecast to 2027(US$ Million)

Figure 18.        Restaurant & Pubs Market Revenue and Forecast to 2027(US$ Million)

Figure 19.        Hotels Market Revenue and Forecast to 2027(US$ Million)

Figure 20.        Hospitals Market Revenue and Forecast to 2027(US$ Million)

Figure 21.        Others Market Revenue and Forecast to 2027(US$ Million)

Figure 22.        North America: Payment Machine Mounting Systems Market Revenue Share, by Key Country (2019 and 2027)

Figure 23.        US: Payment Machine Mounting Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        Canada: Payment Machine Mounting Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25.        Mexico: Payment Machine Mounting Systems Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26.           Impact of COVID-19 Pandemic in North American Countries






  1. Apollo Electronics Co., Ltd.
  2. Atdec Pty Ltd.
  3. ENS-CO
  4. Ergonomic Solutions
  5. Innovative Office Products LLC
  6. Lumi Legend Corporation
  7. MMF POS
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America payment machine mounting system market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America payment machine mounting system market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
TIPRE00012977
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