North America Industrial Vending Machine Market Size & Outlook
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North America industrial vending machine market highlights
- The North America industrial vending machine market generated a revenue of USD 1,144.8 million in 2024.
- The market is expected to grow at a CAGR of 9.8% from 2025 to 2030.
- In terms of segment, coil vending machine was the largest revenue generating type in 2024.
- Carousel Vending Machine is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 1,144.8 million |
| Market revenue in 2030 | USD 1,995.4 million |
| Growth rate | 9.8% (CAGR from 2025 to 2030) |
| Largest segment | Coil vending machine |
| Fastest growing segment | Carousel Vending Machine |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carousel Vending Machine, Coil Vending Machine, Cabinet Vending Machine, Other |
| Key market players worldwide | Snap-on Inc, Thermo Fisher Scientific Inc, Berkshire Hathaway Inc Class B, Stanley Black & Decker, Fastenal Co, Air Liquide SA |
Other key industry trends
- In terms of revenue, North America region accounted for 34.9% of the global industrial vending machine market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,355.3 million by 2030.
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Industrial Vending Machine Market Scope
Industrial Vending Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Fastenal Co | View profile | 23201 | 2001 Theurer Boulevard, Winona, MN, United States, 55987-1500 | https://www.fastenal.com |
| Snap-on Inc | View profile | 13200 | 2801 80th Street, Kenosha, WI, United States, 53143 | https://www.snapon.com |
| Air Liquide SA | View profile | 67800 | 75, Quai d'Orsay, Paris, France, 75007 | https://www.airliquide.com |
| Berkshire Hathaway Inc Class B | View profile | 396500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | https://www.berkshirehathaway.com |
| Stanley Black & Decker | View profile | 50500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | https://www.stanleyblackanddecker.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
North America industrial vending machine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial vending machine market will help companies and investors design strategic landscapes.
Coil vending machine was the largest segment with a revenue share of 40.62% in 2024. Horizon Databook has segmented the North America industrial vending machine market based on carousel vending machine, coil vending machine, cabinet vending machine, other covering the revenue growth of each sub-segment from 2018 to 2030.
The North American region has a large number of manufacturing companies that would enable the adoption of industrial vending machines. These machines are expected to reduce the downtime cost and improve plant efficiency.
Companies such as Equipment Wallet, a Canada based financial services company, are enabling small enterprises to purchase industrial equipment at a fair rate o f interest. Thus, such schemes are expected to stimulate the adoption of industrial vending machines in this country.
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Our clientele includes a mix of industrial vending machine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America industrial vending machine market , including forecasts for subscribers. This continent databook contains high-level insights into North America industrial vending machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America industrial vending machine market size, by country, 2018-2030 (US$M)
North America Industrial Vending Machine Market Outlook Share, 2024 & 2030 (US$M)
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