ATM Slide Rails market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The report provides actionable intelligence on major factors influencing the ATM Slide Rails market (drivers, opportunities, industry specific challenges, and other critical issues) along with the ATM Slide Rails market size of various segments.
About ATM Slide RailsSlide rails have been an important part of the ATM hardware. They find their application in the pulling out the different mobile components of the ATM hardware components such as cash dispenser unit (CDU), cartridges, error box, deposit box, and also the front panel of the ATM. ATM slide rails come under the business head of the mechanical unit in most of the vendors as these slide rails allow an ATM’s components to have a mechanical movement.
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On the grounds of comprehensive, reliable data derived from extensive research of multiple sources (both primary and secondary) and in-depth market analysis with inputs from industry experts, ATM Slide Rails market projected to grow at a CAGR of 16% during the period 2017-2021.
ATM Slide Rails Market Drivers, Challenges and Trends: –
Market Driver: – The major driver for the atm slide rails is the increase in demand for atms as an alternative to a bank branch. as the banking industry is growing and there is an increase in demand to address the growing banking-related services and queries, atms provide an alternative for such branches. atms are a fast way to avail banking facilities and services beyond the normal working hours of a bank. due to this atms are kept inside the bank, off the branch, and at specific locations where there is no requirement for a new branch, and atm is sufficient to cater to the needs of end-users.
Market Challenge: – Atm slide rails are a major component of the cash dispenser unit (cdu) and an important part of the atm. the challenges faced by the atm market thus directly affect the market for slide rails. atms help the bank reduce the count of people to a branch by automating the cash dispensing and cash recycling, yet there are a number of factors that affect the wide adoption of the atm machines. atms are an expense to a bank, in term of cost of the machine, monthly rental for space it occupies at a branch office or off sites (outside the bank premise), commercial electricity, the cost of security guard if kept. all such factors add up to the branch expense.
Market trend: – Improvement in manufacturing process will be a key trend for market growth. For the longevity of the slide rails, it is important that the components used for the manufacturing of the slide rails have a long life. Since the slide rails operation requires frequent to and fro motion, the longevity or durability of the slide rail products is measured in terms of the cycles the slide rail is expanded or closed. This expansion or closure process in slide rails is possible because of use of steel ball bearings. Vendors understand the importance of using high-quality steel ball bearings for the extended life of the end product. Therefore, firms such as Accuride, which have in-house steel ball bearing manufacturing facility, use the electroplating process to enable surface coating of the ball bearing. The electroplating process provides a slide rail ball bearing with superior resistance to corrosion and thereby helps improve the overall life of the slide rail
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Market segmentation by product:- Full extension, Partial extension, Over extension
Market segmentation by sliding property:- Two member, Three member, Linear rail
Market segmentation by material:- Stainless steel, Steel, Aluminum
Geographic Segmentation: – Americas, APAC, EMEA
To calculate the ATM Slide Rails market size the report considers the unit shipments of the slide rails that are installed on a yearly basis in the ATMs The report covers the market landscape and its growth prospects over the coming years. Further it converses about key vendors operating in ATM Slide Rails market like Sun Chain Metal, TAKACHIHO KOHEKI, THK, Accuride, Chambrelan and many more.
Some of the Exhibits included in ATM Slide Rails Market report: –
Exhibit 01: Currency exchange rates
Exhibit 02: ATM types and description
Exhibit 03: Market landscape of global ATM slide rails market
Exhibit 04: Global ATM slide market 2015-2020 (millions of units)
Exhibit 05: Global ATM slide market 2015-2020 ($ millions)
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With geographic breakdown of the ATM Slide Rails market in terms of detailed analysis and impact, this report provides business dimensions with an eye on growth opportunities and contribution of upcoming market segments.