Market Overview:
The global automated cash handling device market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cashless transactions and the rising adoption of automated cash handling devices in banks, retail, and non-banking financial operations. North America is expected to hold the largest share of the global automated cash handling device market in 2018, followed by Europe and Asia Pacific. However, Asia Pacific is projected to witness the highest CAGR during the forecast period due to increasing investments by leading players in this region and rising demand for advanced technologies such as Cash Recyclers.
Product Definition:
An automated cash handling device is a machine that is used to count and/or deposit money. These machines are important because they help to speed up the process of counting and depositing money.
Automatic Teller Machine (ATM):
An automatic teller machine (ATM) is a self-service kiosk or cash dispensing device. It enables users to withdraw and deposit money using various banknotes of different values. The global ATM market has witnessed significant growth over the past few years owing to its rising usage in both rural as well as urban areas across the world.
Cash Dispenser:
The cash dispenser is a device that enables automated cash handling in an ATM. It is used to dispense the change, bills, and other money items from the cash collected in an ATM. The machine prints out a receipt with the total amount received and details of each transaction made through it.
The main function of this machine includes printing receipts for customers who use its services; such as withdrawal or deposit of money from a bank account.
Application Insights:
The banks segment dominated the global automated cash handling device market, accounting for a share of more than 60.0% in 2017. The segment is expected to maintain its lead over the forecast period owing to factors such as increasing demand for cashless transactions and an increase in the number of ATMs across banks worldwide.
Retailers are also anticipated to register considerable growth over the coming years due to growing adoption of these devices at POS terminals and inventory management systems across various industries including food & beverage, retail, hospitality, healthcare and others. These devices help retailers reduce shrinkage by ensuring accurate inventory counts while saving time during transaction processing as well as reducing human errors during inputting or outputting amounts from or into a system. Furthermore, they ensure secure storage while preventing theft or snagging clothing with coins that can be recycled using rolled roin dispensers along with other benefits such as increased productivity resulting in cost savings for retailers globally which is estimated to drive their demand over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing usage of cashless payment systems, rising adoption of ATMs across various countries, and growing demand for automated teller machines (ATMs) from consumers as well as businesses in the region.
Asia Pacific is anticipated to grow at a lucrative rate over the forecast period owing to increasing number of installations of ATMs across emerging economies such as India and China along with other South East Asian countries. Furthermore, increased use by non-banking financial institutions such as hospitals and clinics for dispensing cash would also drive growth in this region over the next eight years. Additionally, government initiatives promoting digital payments are further driving growth in this regional market space which has led major companies such as Samsung Electronics Co., Ltd.; Toshiba Corporation; BBK electronics (Includes brands like vivo); Huawei Technologies Co., Ltd.; NTT Docomo Inc.
Growth Factors:
- Increasing demand for cashless transactions
- Rising number of retail outlets
- Proliferation of self-service terminals
- Growing popularity of automated teller machines (ATMs)
- Advent of new technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Automated Cash Handling Device Market Research Report
By Type
Automatic Teller Machine (ATM), Cash Dispenser, Cash Validator, Cash Recycler, Rolled Roin Dispenser, Loose Coin Validator
By Application
Banks, Retail, Non-banking Financial Operations, Others
By Companies
Diebold, Inc, NCR Corporation, Wincor Nixdorf AG, Triton Systems of Delaware, LLC, GRG Banking Equipment Co. Ltd, Hitachi-Omron Terminal Solutions, Corporation, HESS Cash Systems GmbH & Co KG, Nautilus Hyosung Corporation, Fujitsu Ltd, Euronet Worldwide, Inc
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Automated Cash Handling Device Market Report Segments:
The global Automated Cash Handling Device market is segmented on the basis of:
Types
Automatic Teller Machine (ATM), Cash Dispenser, Cash Validator, Cash Recycler, Rolled Roin Dispenser, Loose Coin Validator
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, Retail, Non-banking Financial Operations, 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:
- Diebold, Inc
- NCR Corporation
- Wincor Nixdorf AG
- Triton Systems of Delaware, LLC
- GRG Banking Equipment Co. Ltd
- Hitachi-Omron Terminal Solutions, Corporation
- HESS Cash Systems GmbH & Co KG
- Nautilus Hyosung Corporation
- Fujitsu Ltd
- Euronet Worldwide, Inc
Highlights of The Automated Cash Handling Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Automatic Teller Machine (ATM)
- Cash Dispenser
- Cash Validator
- Cash Recycler
- Rolled Roin Dispenser
- Loose Coin Validator
- By Application:
- Banks
- Retail
- Non-banking Financial Operations
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automated Cash Handling Device 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automated cash handling device (ACHD) is a machine that helps banks and other financial institutions process and handle cash transactions. These devices help reduce the time it takes to process transactions, which can help banks improve their efficiency.
Some of the major players in the automated cash handling device market are Diebold, Inc, NCR Corporation, Wincor Nixdorf AG, Triton Systems of Delaware, LLC, GRG Banking Equipment Co. Ltd, Hitachi-Omron Terminal Solutions, Corporation, HESS Cash Systems GmbH & Co KG, Nautilus Hyosung Corporation, Fujitsu Ltd, Euronet Worldwide, Inc.
The automated cash handling device market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automated Cash Handling Device Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automated Cash Handling Device Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automated Cash Handling Device Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automated Cash Handling Device Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automated Cash Handling Device Market Size & Forecast, 2018-2028 4.5.1 Automated Cash Handling Device Market Size and Y-o-Y Growth 4.5.2 Automated Cash Handling Device Market Absolute $ Opportunity
Chapter 5 Global Automated Cash Handling Device Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automated Cash Handling Device Market Size Forecast by Type
5.2.1 Automatic Teller Machine (ATM)
5.2.2 Cash Dispenser
5.2.3 Cash Validator
5.2.4 Cash Recycler
5.2.5 Rolled Roin Dispenser
5.2.6 Loose Coin Validator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automated Cash Handling Device Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automated Cash Handling Device Market Size Forecast by Applications
6.2.1 Banks
6.2.2 Retail
6.2.3 Non-banking Financial Operations
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automated Cash Handling Device Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automated Cash Handling Device Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automated Cash Handling Device Analysis and Forecast
9.1 Introduction
9.2 North America Automated Cash Handling Device Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automated Cash Handling Device Market Size Forecast by Type
9.6.1 Automatic Teller Machine (ATM)
9.6.2 Cash Dispenser
9.6.3 Cash Validator
9.6.4 Cash Recycler
9.6.5 Rolled Roin Dispenser
9.6.6 Loose Coin Validator
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automated Cash Handling Device Market Size Forecast by Applications
9.10.1 Banks
9.10.2 Retail
9.10.3 Non-banking Financial Operations
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automated Cash Handling Device Analysis and Forecast
10.1 Introduction
10.2 Europe Automated Cash Handling Device Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automated Cash Handling Device Market Size Forecast by Type
10.6.1 Automatic Teller Machine (ATM)
10.6.2 Cash Dispenser
10.6.3 Cash Validator
10.6.4 Cash Recycler
10.6.5 Rolled Roin Dispenser
10.6.6 Loose Coin Validator
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automated Cash Handling Device Market Size Forecast by Applications
10.10.1 Banks
10.10.2 Retail
10.10.3 Non-banking Financial Operations
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automated Cash Handling Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automated Cash Handling Device Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automated Cash Handling Device Market Size Forecast by Type
11.6.1 Automatic Teller Machine (ATM)
11.6.2 Cash Dispenser
11.6.3 Cash Validator
11.6.4 Cash Recycler
11.6.5 Rolled Roin Dispenser
11.6.6 Loose Coin Validator
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automated Cash Handling Device Market Size Forecast by Applications
11.10.1 Banks
11.10.2 Retail
11.10.3 Non-banking Financial Operations
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automated Cash Handling Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Automated Cash Handling Device Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automated Cash Handling Device Market Size Forecast by Type
12.6.1 Automatic Teller Machine (ATM)
12.6.2 Cash Dispenser
12.6.3 Cash Validator
12.6.4 Cash Recycler
12.6.5 Rolled Roin Dispenser
12.6.6 Loose Coin Validator
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automated Cash Handling Device Market Size Forecast by Applications
12.10.1 Banks
12.10.2 Retail
12.10.3 Non-banking Financial Operations
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automated Cash Handling Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automated Cash Handling Device Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automated Cash Handling Device Market Size Forecast by Type
13.6.1 Automatic Teller Machine (ATM)
13.6.2 Cash Dispenser
13.6.3 Cash Validator
13.6.4 Cash Recycler
13.6.5 Rolled Roin Dispenser
13.6.6 Loose Coin Validator
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automated Cash Handling Device Market Size Forecast by Applications
13.10.1 Banks
13.10.2 Retail
13.10.3 Non-banking Financial Operations
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automated Cash Handling Device Market: Competitive Dashboard
14.2 Global Automated Cash Handling Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Diebold, Inc
14.3.2 NCR Corporation
14.3.3 Wincor Nixdorf AG
14.3.4 Triton Systems of Delaware, LLC
14.3.5 GRG Banking Equipment Co. Ltd
14.3.6 Hitachi-Omron Terminal Solutions, Corporation
14.3.7 HESS Cash Systems GmbH & Co KG
14.3.8 Nautilus Hyosung Corporation
14.3.9 Fujitsu Ltd
14.3.10 Euronet Worldwide, Inc