Solar Powered ATM Market By Component, Type, and End User : Global Opportunity Analysis and Industry Forecast, 2021–2030

October 2021
240 pages
ID: 6193422
Format: PDF
Allied Market Research

Summary

Table of Contents

Solar Powered ATM Market By Component (Deployment and Managed Service), Type (On-Site, Off-Site, and Others), and End User (Banks and Bank Service Agent): Global Opportunity Analysis and Industry Forecast, 2021–2030

Solar-based automated teller machine (ATM) is a banking outlet, which facilitates banking services without the requirement of branch representative and runs through solar power. It helps the customers by providing banking services, including fast withdrawal, deposit, and mini statements. Furthermore, it also helps customers to avail banking services in areas where availability of electricity is minimal.
Growing demand and increase in need of continuous electricity supply technology among banks and financial institutions and rise in power cut issues in rural areas are boosting the growth of the global solar powered ATM market. In addition, rapid adoption of solar power ATM among banks across the U.S. and Canada has positively impacted the growth of the market. However, lack of awareness toward solar powered ATM hampers the market growth. On the contrary, increase in key player initiatives, such as product launch, product development, and partnership, is expected to offer remunerative opportunities for expansion of the market during the forecast period.
The global solar powered ATM market is segmented on the basis of component, type, end user, and region. By component, the market is bifurcated into deployment and managed service. By type, it is categorized into on-site, off-site, and others. By end-user, the market is divided into banks and bank service agent Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the solar powered ATM market analysis are Alpha Tech Energy Solutions India Pvt Ltd, Diebold Nixdorf, Incorporated, Euronet Worldwide, Inc., Fujitsu Ltd, GRG Banking Equipment Co. Ltd., HESS Cash Systems GmbH, Hitachi Payment Services Pvt. Ltd., Hyosung Global, NCR Corporation, and Vortex Engineering. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Key Benefits For Stakeholders
• The study provides an in-depth analysis of the global solar powered ATM market forecast along with the current & future trends to explain the imminent investment pockets.
• Information about key drivers, restraints, & opportunities and their impact analysis on global solar powered ATM market trends is provided in the report.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
• The quantitative analysis of the market from 2021 to 2030 is provided to determine the market potential.

Solar Powered ATM Market Key Segments

By Component
• Deployment
o Hardware
o Software
• Managed Service

By Type
• On-site
• Off-site
• Others

By End User
• Banks
• Bank Service Agent

By Region
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Netherlands
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa

Key Market Players
• Alpha Tech Energy Solutions India Pvt. Ltd
• Diebold Nixdorf, Incorporated
• Euronet Worldwide, Inc.
• Fujitsu Ltd
• GRG Banking Equipment Co. Ltd.
• HESS Cash Systems GmbH
• Hitachi Payment Services Pvt. Ltd.
• Hyosung Global
• NCR Corporation
• Vortex Engineering

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