Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Cash Sorter Machines Market by Type (Small Size, Middle Size, Large Size), By Application (Banks, Financial Institutions, Casinos, Large Theme Parks, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Cash Sorter Machines Market by Type (Small Size, Middle Size, Large Size), By Application (Banks, Financial Institutions, Casinos, Large Theme Parks, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 157763 3300 Machinery & Equipment 377 241 Pages 4.7 (33)
                                          

Market Overview:


The global cash sorter machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cash sorting machines from banks, financial institutions, casinos, large theme parks and others. Additionally, the growing awareness about the benefits of using cash sorting machines is also contributing to the growth of this market. Based on type, small size cash sorting machines are expected to dominate the global market during the forecast period owing to their low price and easy installation. However, middle size and large size cash sorting machines are projected to witness higher growth rates in terms of revenue due their ability handle high volumes of currency notes quickly and accurately. Based on application, banks are expected to account for a major share of the global market during 2018-2030 owingto thier need for efficient currency handling solutions that can help reduce costs associated with manual processing operations.


Global Cash Sorter Machines Industry Outlook


Product Definition:


Cash Sorter Machines are machines used to quickly and accurately count and bundle currency. They are often used in banks, casinos, and other places where large sums of money are handled. Cash Sorter Machines help to speed up the process of counting money and make it more accurate.


Small Size:


Small size cash sorter machines are used for sorting currency, paper money, checks and other small size documents. These machines are available in different types such as mechanical, electronic and optical based on the need of the product. The market is segmented by product into Cash Sorters & Counting Machines (CS&CM), Bank Note Sorters (BNS) and Check Sorters & Counting Machines (CSC).


Middle Size:


Middle size cash sorter machines are used in banks, post offices and other financial institutions for sorting money. These machines have a capacity of sorts ranging from 1 to 200 notes at a time and can sort notes based on their sizes. Sorting is done by different parameters such as color, value, type etc., depending upon the application requirements.


Application Insights:


The banks segment dominated the global cash sorter machines market in 2017 and is expected to maintain its dominance over the forecast period. The growth of this segment can be attributed to the rising demand for efficient sorting machines from banks, which are required to handle large volumes of currency with ease. Furthermore, technological advancements in currency processing have also played a key role in increasing efficiencySortation solutions help improve operational performance by reducing labor costs and increasing productivity.


Casinos were the second largest application segment that year followed by financial institutions.


Regional Analysis:


North America dominated the global market in 2017. The growth of the region can be attributed to technological advancements, high demand for security, and stringent regulations by governments. For instance, according to a blog published by NCR Corporation in 2016, cash transactions made up more than 60% of all commercial transactions in U.S., which has led to an increase in demand for cash sorter machines over the years. Moreover, North America is home to some of the largest banks and financial institutions that deal with large amounts of currency on a daily basis; therefore ensuring continuous product supply is their top priority.


Asia Pacific is expected to witness significant growth over the forecast period owing to increasing adoption at retail stores and ATMs across countries such as China and India among others due to rising consumer spending power coupled with government initiatives encouraging small businesses & startups providing job opportunities thereby driving overall economic activity within these regions thus leading towards higher demand for currency processing machines such as cash sorters over time (see figure below).


Growth Factors:


  • Increasing demand for cash handling solutions in the banking and financial sector
  • Rising demand from small and medium-sized businesses
  • Growing popularity of cashless transactions
  • Proliferation of self-service kiosks and ATMs
  • Technological advancements in cash sorting machines

Scope Of The Report

Report Attributes

Report Details

Report Title

Cash Sorter Machines Market Research Report

By Type

Small Size, Middle Size, Large Size

By Application

Banks, Financial Institutions, Casinos, Large Theme Parks, Others

By Companies

Giesecke & Devrient, Glory, Laurel, De La Rue, Toshiba, Kisan Electronics, Julong, Xinda, GRG Banking, Guao Electronic

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

241

Number of Tables & Figures

169

Customization Available

Yes, the report can be customized as per your need.


Global Cash Sorter Machines Market Report Segments:

The global Cash Sorter Machines market is segmented on the basis of:

Types

Small Size, Middle Size, Large Size

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Banks, Financial Institutions, Casinos, Large Theme Parks, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Giesecke & Devrient
  2. Glory
  3. Laurel
  4. De La Rue
  5. Toshiba
  6. Kisan Electronics
  7. Julong
  8. Xinda
  9. GRG Banking
  10. Guao Electronic

Global Cash Sorter Machines Market Overview


Highlights of The Cash Sorter Machines Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Small Size
    2. Middle Size
    3. Large Size
  1. By Application:

    1. Banks
    2. Financial Institutions
    3. Casinos
    4. Large Theme Parks
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Cash Sorter Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Cash Sorter Machines Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Cash Sorter Machines are used to sort cash by denomination.

Some of the major players in the cash sorter machines market are Giesecke & Devrient, Glory, Laurel, De La Rue, Toshiba, Kisan Electronics, Julong, Xinda, GRG Banking, Guao Electronic.

The cash sorter machines market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Cash Sorter Machines Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Cash Sorter Machines Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Cash Sorter Machines Market - Supply Chain
   4.5. Global Cash Sorter Machines Market Forecast
      4.5.1. Cash Sorter Machines Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Cash Sorter Machines Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Cash Sorter Machines Market Absolute $ Opportunity

5. Global Cash Sorter Machines Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Cash Sorter Machines Market Size and Volume Forecast by Type
      5.3.1. Small Size
      5.3.2. Middle Size
      5.3.3. Large Size
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Cash Sorter Machines Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Cash Sorter Machines Market Size and Volume Forecast by Application
      6.3.1. Banks
      6.3.2. Financial Institutions
      6.3.3. Casinos
      6.3.4. Large Theme Parks
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Cash Sorter Machines Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Cash Sorter Machines Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Cash Sorter Machines Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Cash Sorter Machines Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Cash Sorter Machines Demand Share Forecast, 2019-2026

9. North America Cash Sorter Machines Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Cash Sorter Machines Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Cash Sorter Machines Market Size and Volume Forecast by Application
      9.4.1. Banks
      9.4.2. Financial Institutions
      9.4.3. Casinos
      9.4.4. Large Theme Parks
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Cash Sorter Machines Market Size and Volume Forecast by Type
      9.7.1. Small Size
      9.7.2. Middle Size
      9.7.3. Large Size
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Cash Sorter Machines Demand Share Forecast, 2019-2026

10. Latin America Cash Sorter Machines Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Cash Sorter Machines Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Cash Sorter Machines Market Size and Volume Forecast by Application
      10.4.1. Banks
      10.4.2. Financial Institutions
      10.4.3. Casinos
      10.4.4. Large Theme Parks
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Cash Sorter Machines Market Size and Volume Forecast by Type
      10.7.1. Small Size
      10.7.2. Middle Size
      10.7.3. Large Size
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Cash Sorter Machines Demand Share Forecast, 2019-2026

11. Europe Cash Sorter Machines Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Cash Sorter Machines Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Cash Sorter Machines Market Size and Volume Forecast by Application
      11.4.1. Banks
      11.4.2. Financial Institutions
      11.4.3. Casinos
      11.4.4. Large Theme Parks
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Cash Sorter Machines Market Size and Volume Forecast by Type
      11.7.1. Small Size
      11.7.2. Middle Size
      11.7.3. Large Size
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Cash Sorter Machines Demand Share, 2019-2026

12. Asia Pacific Cash Sorter Machines Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Cash Sorter Machines Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Cash Sorter Machines Market Size and Volume Forecast by Application
      12.4.1. Banks
      12.4.2. Financial Institutions
      12.4.3. Casinos
      12.4.4. Large Theme Parks
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Cash Sorter Machines Market Size and Volume Forecast by Type
      12.7.1. Small Size
      12.7.2. Middle Size
      12.7.3. Large Size
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Cash Sorter Machines Demand Share, 2019-2026

13. Middle East & Africa Cash Sorter Machines Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Cash Sorter Machines Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Cash Sorter Machines Market Size and Volume Forecast by Application
      13.4.1. Banks
      13.4.2. Financial Institutions
      13.4.3. Casinos
      13.4.4. Large Theme Parks
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Cash Sorter Machines Market Size and Volume Forecast by Type
      13.7.1. Small Size
      13.7.2. Middle Size
      13.7.3. Large Size
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Cash Sorter Machines Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Cash Sorter Machines Market: Market Share Analysis
   14.2. Cash Sorter Machines Distributors and Customers
   14.3. Cash Sorter Machines Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Giesecke & Devrient
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Glory
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Laurel
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. De La Rue
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Toshiba
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Kisan Electronics
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Julong
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Xinda
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. GRG Banking
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Guao Electronic
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

Our Trusted Clients

Contact Us