Global Sorting Cash Machine Market, By Type (Banknote Sorter and Coins Sorter), By Application (Bank and Supermarket), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029.

Report Code: PMI434120 | Publish Date: April 2023 | No. of Pages: 148

Global Sorting Cash Machine Market Overview

Cash sorting machines are gaining demand due to cash-incentive businesses, which would simplify the management of cash in an organization. Cash sorting machine decrease human efforts and saves a considerable amount of time which would have been wasted in sorting and counting of cash. The machine automatically takes up a process of counting and sorting cash and provides error free results. Further, cash sorting machine offers more behavioral benefits such as less financial losses, less errors in sorting and counting with lower operational expenses, less chances of internal threats as per counting and sorting, among others.

Global Sorting Cash Machine Market Dynamics

Growth potential from developing economies

Growth related with retail industries and commercial banks among emerging nations is projected to drive the demand to implement note sorters for smooth & hassle-free handling of notes. Cash-intensive environments such as the retail industry offer huge demand for note sorter machines. Additionally, increased in demand for technologically advanced self-service machines and market growth for automated cash handling products are projected to improve the market potential among emerging economies. Therefore, these emerging countries with growth in banked population are anticipated to offer a significant market for the suppliers of all equipment, which makes the entire ecosystem of the note machines.

Growth in market for commercial banks and retail industry

Cash-intensive environments such as retail industry offers a huge demand for small size note sorter. Developing countries of Asia-Pacific and LAMEA witness huge potential for growth of retail industry, which is anticipated to boost the market growth over the forecast period. Moreover, the banking sector is also increasing at a high rate. According to World Bank, financial sector in South Asia is estimated to register a likely growth rate of 7.1% in 2018.

Conversely, cash sorting machines market is the increasing penetration of digital payments and wallets for payments at general stores, which is stimulating the growth in the cash sorting machines market.

Global Sorting Cash Machine Market Segmentation

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The global sorting cash machine market is segmented based on type, application, and region.

On the basis of type, the global sorting cash machine market is segmented into banknote sorter and coins sorter. On the basis of application, the target market is classified into bank and supermarket

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the global sorting cash machine market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to lead the overall market over the forecast period, due to its highest adopter of note sorting machines.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2029

Market representation

Revenue in USD Million & CAGR from 2020 – 2029

Market Segmentation

By Type - < Banknote Sorter and Coins Sorter

By Application- Bank and Supermarket

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global sorting cash machine market report based on type, application, and region.

Global Sorting Cash Machine Market, By Type:

  • Banknote Sorter
  • Coins Sorter

 Global Sorting Cash Machine Market, By Application:

  • Bank
  • Supermarket

 Global Sorting Cash Machine Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Sorting Cash Machine Market Key Players

The key players operating the global sorting cash machine market includes Giesecke & Devrient GmbH, Cummins-Allison Corp., Glory Global Solutions Limited, De La Rue plc, Kisan Electronics, Toshiba Infrastructure Systems & Solutions Corporation, GRGBanking, Julong Europe GmbH, and Bcash Electronics Co., Laurel.

Global Sorting Cash Machine Market Company Profile

  • Giesecke & Devrient GmbH
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategies
  • Cummins-Allison Corp.
  • Glory Global Solutions Limited
  • De La Rue plc
  • Kisan Electronics
  • Toshiba Infrastructure Systems & Solutions Corporation
  • GRGBanking
  • Julong Europe GmbH
  • Bcash Electronics Co., Laurel

“*” marked represents similar segmentation in other categories in the respective section

Global Sorting Cash Machine Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Sorting Cash Machine Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Sorting Cash Machine Market, By Type, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Banknote Sorter
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Coins Sorter
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  6. Global Sorting Cash Machine Market, By Application, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Segment Trends
    • Bank
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Supermarket
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  7. Global Sorting Cash Machine Market, By Region, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
      • Y-o-Y Growth Analysis (%), 2020 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size  and Forecast (US$ Mn), By Country, 2020 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
      • Giesecke & Devrient GmbH
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Cummins-Allison Corp.
      • Glory Global Solutions Limited
      • De La Rue plc
      • Kisan Electronics
      • Toshiba Infrastructure Systems & Solutions Corporation
      • GRGBanking
      • Julong Europe GmbH
      • Bcash Electronics Co., Laurel
  10. The Last Word
    • Future Impact
    • About Us
    • Contact