The Battery for Point of Sale Terminals Market report is a collection of pragmatic information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments.
The global Battery for Point of Sale Terminals market is valued at 5500 million US$ in 2018 is expected to reach 11800 million US$ by the end of 2025, growing at a CAGR of 10.0% during 2019-2025.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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The prominent players in the global Battery for Point of Sale Terminals market are:
LiPol Battery, Panasonic, Shenzhen Glida Electronics, Ayaa Technology, Hangzhou Future Power Technology, HCT Electric, Sanyi Doctor Technology, Shenzhen Cowon Technology, Shenzhen CPKD Technology, Shenzhen Enbar Technology, Ubetter Technology and Other.
Increased penetration of POS terminals in the retail and hospitality sectors is driving the market. The need for secure transactions by the merchants in these sectors will likely fuel the market growth during the forecast period. The rise in the number of retail outlets is another major factor contributing to the growing sales of POS terminals.
The replacement of old POS terminals and increased demand from new enterprises is estimated to fuel the sales growth. The growing adoption of EMV cards, rising need for effective information management from merchants, and increasing penetration of NFC-based payments are leading to higher unit shipments of POS terminals. However, the rising penetration of mobile card readers that offer superior benefits such as better handling and convenience will hamper the sales of conventional POS terminals.
North America dominated the market for POS terminals in 2016, accounting for over 30.0% of the revenue. However, Asia Pacific is expected to emerge as a lucrative player over the forecast period. Increasing income levels and standards of living of people in developing countries such as India are resulting in flourishing retail markets, thereby boosting the demand for POS solutions.
Battery for Point of Sale Terminals Global Market Report from Market Insights Reports covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies for this market.The market characteristics section of the report defines and explains the market.The market size section gives the market revenues, covering both the historic growth of the market and forecasting the future. Drivers and restraints look at the external factors influencing the growth of the market.Market segmentations break down the key sub sectors which make up the market.
Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in the last five years are identified.The trends and strategies section highlights the likely future developments in the market and suggests approaches.
Following are major Table of Content of Battery for Point of Sale Terminals Industry:
- Battery for Point of Sale Terminals Market Sales Overview.
- Battery for Point of Sale Terminals Market Sales Competition by Manufacturers.
- Battery for Point of Sale Terminals Market Sales Analysis by Region.
- Battery for Point of Sale Terminals Market Sales Analysis by Type.
- Battery for Point of Sale Terminals Market Analysis by Application.
- Battery for Point of Sale Terminals Market -Manufacturers Analysis.
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The research includes historic data from 2014 to 2018 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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