Chinese ATM market is growing rapidly. China's number of ATM rose from 301,000 sets in 2010 to 369,000 sets at the end of 2011. The number of networked ATM was 338,000 sets in 2011, up 24.7%.
In recent years, Chinese ATM market has experienced rapid growth, every million people had 265 sets of ATM at the end of 2011, up over 100% from 104 sets at the end of 2007. However, in the world, every million people have 343 sets averagely; in developed countries, every million people have 1,450 sets. Therefore, Chinese ATM market still has great potentials.
GRG is the largest ATM producer and seller in China. In 2011, GRG sold 17,500 sets of ATM in China, with 23.3% market share, ranking first in terms of sales volume in Chinese ATM market for the fourth consecutive year.
Hitachi has nearly 30 years of experience in ATM production, and its core components are used by the majority of Chinese local manufacturers. In recent years, Hitachi has been developing rapidly in China. In 2011, Hitachi sold 14,000 sets of ATM in China, up 4,000 sets year on year, ranking second with 18.67% market share.
NCR is a traditional ATM manufacturer. In 2011, it ranked third in China with the sales volume of 12,000 sets and 16% market share. At the end of 2011, NCR transferred part of the ATM production from China to Georgia, United States.
The report includes:
- Global and China ATM Development: status quo, market size, business models, competitive features and patterns, development trends;
- Key ATM companies in the world and China: operation and development of 13 companies (including GRG, Hitachi and NCR).
Click for Report details:China ATM (Automated Teller Machine) Industry Report, 2011-2012