Passenger Ticket Vending Machine Market Size 2024 to 2031

Surge in installation of passenger ticket vending machines in railway and metro stations Railways and metros are considered to be one of the most convenient and reliable modes of transportation in urban cities. Passenger ticket vending machines are being widely installed across the railway and metro stations in order to enhance the customer experience of the passengers. Additionally, the machines tend to reduce the passengers ques at the ticket counters during the rush hours. Also, factors including 24/7 operation, improved accessibility, and reduced requirement of staffs are fueling the adoption of passenger ticket vending machines at the railway and metro stations. Moreover, the vending machines also offer contactless payments through debit cards, credit cards, or mobile wallets further increasing the demand for ticket vending machines in railway stations and metro stations. For instance, in August 2020, Transport for Wales (TfW) installed an advanced ticket vending machine at approximately 20 stations including Rhymney, Cardiff Central, Bargoed, Penarth, and Pontlottyn. Furthermore, the machine offers raised pictograms for visually impaired passengers and a contactless payment option to enhance the user experience, thus promoting the growth of the passenger ticket vending machine market.

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