Sorting Cash Machine Market Scope And Analysis

  • Report Code : TIPRE00022922
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Sorting Cash Machine Market Scope, Growth, Size and Share by 2031

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Sorting Cash Machine Market Report Scope

Report Attribute Details
Market size in 2023 US$ 1.65 Billion
Market Size by 2031 US$ 2.24 Billion
Global CAGR (2023 - 2031) 3.9%
Historical Data 2021-2022
Forecast period 2023-2031
Segments Covered By Type
  • Banknote Sorter and Coins Sorter
By Application
  • Bank
  • Supermarkets
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Bcash Electronics Co
  • Cummins Allison
  • De La Rue plc
  • Giesecke Devrient GmbH
  • Glory Global Solutions International Limited
  • GRGBanking
  • Julong Europe GmbH
  • Kisan Electronic
  • Laurel Bank Machines Co Ltd
  • Sorting Cash Machine Market News and Recent Developments

    Companies adopt inorganic and organic strategies such as mergers and acquisitions in the sorting cash machine market. Some of the recent key market developments are listed below:

    • 2022, The Reserve Bank of India (RBI) asked banks to test their note-sorting machines for consistency and accuracy every quarter to ensure currency notes conform to the prescribed parameters. [Source: Press release]

    Sorting Cash Machine Market Report Coverage & Deliverables

    The sorting cash machine market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "Sorting Cash Machine Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-

    • Market size & forecast at global, regional, and country levels for all the key market segments covered under the scope.
    • Market dynamics such as drivers, restraints, and key opportunities.
    • Key future trends.
    • Detailed PEST & SWOT analysis
    • Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
    • Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
    • Detailed company profiles.