The latest research study “ATM Slide Rails Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that the global ATM slide rails market size reached US$ 331 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 696 Million by 2028, exhibiting a growth rate (CAGR) of 12.7% during 2023-2028.
Automated Teller Machine (ATM) slide rails represent an essential part of the ATM hardware that are used for providing linear movement to the drawers in ATMs. They are available in various load-bearing capabilities depending on the drawer loads to assist in smooth unbent operations. Most of them are made of metals, such as aluminum and steel, and they are electroplated with zinc or other metals to prevent corrosion. ATM slide rails also utilize telescoping or ball-bearing sliding movement, which is greased using premium quality lubricants to control any resistance inside several components of the ATM. The longevity of these rails is determined by the number of cycles it is closed or extended. As a result, these hardware find widespread applications in pulling out ATM components, including deposit boxes, cartridges, cash dispenser unit (CDU), error box, and the front panel.
Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/atm-slide-rails-market/requestsample
ATM Slide Rails Market Trends and Drivers:
The escalating demand for automatic cash recycling, automated teller safes, and self-service cash recycling appliances is primarily driving the ATM slide rails market. Besides this, the rising number of small-value transactions for payment activity using cash as a medium by the consumers and the growing popularity of bitcoin are further augmenting the market growth. Moreover, the increasing awareness toward ATMs as an alternative to a bank branch, owing to the 24/7 operation system, is also catalyzing the global market. Apart from this, the emerging trend of urbanization, the expanding banking and finance industry, the inflating disposable income levels of the consumers, and the continual technological advancements are acting as significant growth-inducing factors. Furthermore, the extensive utilization of cash recycling for effective liquid money management is expected to bolster the ATM slide rails market in the coming years.
ATM Slide Rails Market 2023-2028 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Accuride International Inc.
- Rollon S.p.A. (Timken Company)
- Sun Chain Metal Industry Co. Ltd.
- Takachiho Koheki Co. Ltd.
- THK Co. Ltd., etc.
The report has segmented the market on the basis of
- Full Extension
- Partial Extension
- Over Extension
The report has provided a detailed breakup and analysis of the ATM slide rails market based on the type. This includes full extension, partial extension, and over extension. According to the report, full extension represented the largest segment.
- Stainless Steel
A detailed breakup and analysis of the ATM slide rails market based on the material has also been provided in the report. This includes aluminum, steel, and stainless steel. According to the report, stainless steel accounted for the largest market share.
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.