|  | 市場調查報告書 商品編碼 1841468 全球現金分類機市場:2025年版Global Sorting Cash Machine Market: 2025 Edition | ||||||
全球現金分類機市場規模預計在2023年達到16.5億美元,到2029年可望達到21.3億美元。現金分類機主要用於銀行、零售商和企業處理大量現金,用於清點和分類紙幣和硬幣。這些機器能夠快速且準確地清點和分類現金,節省時間並減少人力。它們還能偵測假幣,並提供各種尺寸和容量。
近年來,現金分類機越來越受歡迎,原因多種多樣,主要原因是銀行業對自動化和效率的需求日益成長。現金分類機能夠快速且準確地對現金進行分類、計數和檢驗,已成為銀行和金融機構的必備設備。此外,現金分類機經濟高效,可降低人工現金處理的相關成本。預計在2024-2029年的預測期內,全球現金分類機市場的複合年成長率將達到4.37%。
本報告對全球現金分類機市場進行了深入分析,提供了有關成長動力和挑戰、市場趨勢和競爭格局的資訊。
The global sorting cash machine market in 2023 stood at US$1.65 billion, and is likely to reach US$2.13 billion by 2029. A sorting cash machine is a tool used to count and sort banknotes or coins, primarily by banks, retailers, and businesses that handle large amounts of cash. These machines offer quick and accurate cash counting and sorting, saving time and reducing manual labor. They can also detect counterfeit notes and have varying sizes and capacities.
In recent years, the popularity of sorting cash machines has increased for various reasons, primarily due to the growing need for automation and efficiency in the banking sector. These machines have the ability to quickly and accurately sort, count, and validate cash, making them indispensable for banks and financial institutions. Additionally, sorting cash machines are cost-effective and can help reduce the expenses associated with manual cash handling. The global sorting cash machine market is projected to grow at a CAGR of 4.37% during the forecast period of 2024-2029.
Market Segmentation Analysis:
By Type: The market report has segmented the global sorting cash machine market into two segments on the basis of type: banknote sorting cash machine, and coin sorting cash machine. The banknote sorting cash machine segment holds the largest market share and is expected to grow at the fastest CAGR during the forecast period, due to its ability to enhance cash management by effectively sorting and bundling banknotes, resulting in increased productivity, efficiency, and security. Some manufacturers now provide an improved, sophisticated, and dependable note sorter that is combined with optical inspection and image processing technology to detect counterfeit notes.
By Application: Based on the application, the global sorting cash machine market has been divided into three segments: bank, supermarket, and others. The bank segment held the major share of the market and is expected to grow at the fastest CAGR during the forecast period due to the adoption of digital payments, increasing presence of banks and financial institutions, and technological advancements in bank sorting machines. The need for accuracy and security in handling cash is also a major driver of growth in this market.
By Region: According to this report, the global market can be divided into five major regions: North America (the US, Mexico, and Canada), Europe (Germany, UK, France, Italy, and rest of Europe), Asia Pacific (China, Japan, India, and Rest of the Asia Pacific), Middle East & Africa, and Latin America. North America dominated the overall market due to several reasons. Cash is still widely used for transactions in many parts of North America, especially in the US, despite the increasing adoption of digital payment methods. As a result, there is a growing need for cash handling solutions, including cash sorting machines, to improve efficiency and reduce costs in cash handling operations. Also, the banking sector in North America is expanding, with the increasing number of bank branches and ATMs, leading to a greater demand for cash handling solutions such as sorting machines.
Asia Pacific is expected to be the fastest-growing region during the forecasted years of 2024-2029. The growth in this market is likely to be driven by various factors such as the increasing use of cash as a means of payment, the need for efficient cash management systems, and the adoption of technology in the banking and financial sector. China is one of the largest producers of sorting cash machines in the region, along with other countries such as Japan, South Korea, and Taiwan, and is a significant market for sorting cash machines due to its large population and the significant urban-rural gap. Lastly, the banking sector in China is expanding, with an increasing number of bank branches and ATMs.
Global Sorting Cash Machine Market Dynamics:
Growth Drivers: The increasing adoption of cash automation, driven by the rise of digital payments, is fueling the growth of the cash sorting machine market as businesses and financial institutions seek to improve efficiency and accuracy in high-volume cash transactions using the machines. Also, the sorting cash machine market continues to grow as a result of increase in cash transactions, as financial institutions and enterprises look for effective ways to handle the growth in amount of actual currency. Although there is a global trend toward digital payments, cash transactions are still common in many businesses. Therefore, using innovative technologies to expedite cash handling procedures is necessary. Further, the market is expected to grow owing to increased need for cash sorting machines in financial institutions, growing demand from different end-use industries, various benefits offered by cash sorting machines etc. in recent years.
Challenges: Digital payments have become increasingly popular, driven by consumer transactions and the desire for convenience, transparency, and reduced risks and expenses, leading to a rise in the global digital payment penetration rate, and hindering the growth of the sorting cash machine market. Additionally, other factors like counterfeit currency, high cost, maintenance, and repair, etc. are other challenges to the market.
Market Trends: Cash sorting machines are increasingly incorporating AI and ML algorithms to enhance accuracy, efficiency, and counterfeit detection, allowing for faster and optimized sorting, real-time data analysis, predictive maintenance, and improved cash management, leading to reduced costs and extended lifespan, and is expected to continue growing. More trends in the market are believed to grow the sorting cash machine market during the forecasted period, which may include escalation of Internet of Things (IOT), emergence of 5G network, surge in demand for integration of data analytics, increasing demand for integrated cash management solutions, growing adoption of compact and portable machines, increased focus on sustainability, technological advancements in cash sorting machines, etc.
Impact Analysis of COVID-19 and Way Forward:
The COVID-19 pandemic has had a negative impact on the global sorting cash machine market, resulting in lower demand, supply chain disruptions, and alterations in customer behavior. But, when economies recover and businesses adjust to the new reality, there may be opportunities for the market to recover and adapt to client demands. The post-COVID impact on the sorting cash machine market is expected to result in increased demand for touchless solutions and player consolidation, although the market is expected to revive as economies reopen and businesses resume normal operations.
Competitive Landscape and Recent Developments:
The global sorting cash machine market is indeed a highly competitive and fragmented market with several key players operating in the market. These players are engaged in intense competition to capture the market share and expand their business. These players are continuously innovating and introducing new products to cater to the changing needs of the customers. They are also investing in research and development activities to improve the efficiency and reliability of their products.
Further, key players in the sorting cash machine market are:
Giesecke & Devrient GmbH
TOSHIBA Corp. (Toshiba Infrastructure Systems & Solutions Corporation)
Julong Co., Ltd.
Glory Global Solutions Limited
GRG Banking Equipment Co., Ltd.
Kisan Electronics
Laurel Bank Machines Co. Ltd.
Crane Payment Innovations Inc.
Arihant Maxsell Technologies Pvt Ltd
Longgang Xinda Electronic Equipment Co., Ltd.
Aditya Systems
Shanghai Guao Electronic Technology Co., Ltd
Key players are adopting strategies like product innovation, mergers and acquisitions, joint ventures, alliances, and partnerships. For example, In March 2023, GLORY announced the partnership with QikServe to enhance operational efficiencies and reallocate precious labor into other activities can now employ an integrated kiosk ordering and cash payment processing solution enabling guests with complete self-service and multiple payment options upon checkout.
