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Note Sorter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global note sorter market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

A note sorter is a machine that optimizes the cash management process by effectively sorting and bundling banknotes. It is convenient and provides increased productivity, efficiency, and security. It is widely utilized in organizations that handle a large deposit of money, such as banks, casinos, theme parks, self-service kiosks, and transit services. Nowadays, several manufacturers are offering an upgraded, intelligent, and reliable note sorter, which is integrated with optical inspection and image processing technology to identify fake denominations.

Note Sorter Market Trends:

Manual cash processing is usually ineffective and time-intensive and involves a high risk of error. As a result, organizations from different industry verticals are adopting note sorters for smooth, efficient, and continuous processing of large volumes of banknotes. In addition, it helps in reducing operational expenses, minimizing the risk of internal theft, and declining financial losses. This, along with the considerable need for hassle-free handling of huge cash deposits, is positively influencing the utilization of note sorters in the banking, financial services, and insurance (BFSI) sectors. Apart from this, the emerging trend of theme amusement parks is also contributing to market growth. In addition, the growing popularity of casinos and other gambling games is catalyzing the demand for note sorters for keeping track of the sales. Furthermore, the increasing focus of leading players on mergers and acquisitions (M&A) is creating a positive outlook for the market. For instance, Crane Payment Innovations (CPI), Inc., a Crane Co. subsidiary and global leader in banknote and coin validation, acquired Cummins Allison, which is a leading provider of coin, currency, and check handling solutions to lead innovations in existing products and services.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global note sorter market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on sorter type, enterprise size and end user.

Breakup by Sorter Type:

  • Small Size Note Sorter
  • Medium Size Note Sorter
  • Large Size Note Sorter
     

Breakup by Enterprise Size:

  • Large Enterprises
  • Small and Medium Enterprises
     

Breakup by End User:

  • BFSI
  • Retail
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being BCASH Electronics Co. Limited, Cummins Allison Corp. (Crane Payment Innovations Inc.), De La Rue plc, Giesecke+Devrient GmbH, Glory Ltd., GRG Banking, Julong Co., Ltd., Kisan Electronics, Laurel Bank Machines Co. Ltd., and Toshiba Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Sorter Type, Enterprise Size, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered BCASH Electronics Co. Limited, Cummins Allison Corp. (Crane Payment Innovations Inc.), De La Rue plc, Giesecke+Devrient GmbH, Glory Ltd., GRG Banking, Julong Co., Ltd., Kisan Electronics, Laurel Bank Machines Co. Ltd., and Toshiba Corporation.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global note sorter market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global note sorter market?
  • What are the key regional markets?
  • What is the breakup of the market based on the sorter type?
  • What is the breakup of the market based on the enterprise size?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global note sorter market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Note Sorter Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Sorter Type
    6.1    Small Size Note Sorter
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Medium Size Note Sorter
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Large Size Note Sorter
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Enterprise Size
    7.1    Large Enterprises
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Small and Medium Enterprises 
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End User
    8.1    BFSI
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Retail
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    BCASH Electronics Co. Limited
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Cummins Allison Corp. (Crane Payment Innovations Inc.)
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    De La Rue plc
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Giesecke+Devrient GmbH
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Glory Ltd.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
        14.3.6    GRG Banking
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
        14.3.7    Julong Co., Ltd.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
        14.3.8    Kisan Electronics
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Laurel Bank Machines Co. Ltd.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Toshiba Corporation
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis

List of Figures

Figure 1: Global: Note Sorter Market: Major Drivers and Challenges
Figure 2: Global: Note Sorter Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Note Sorter Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Note Sorter Market: Breakup by Sorter Type (in %), 2020
Figure 5: Global: Note Sorter Market: Breakup by Enterprise Size (in %), 2020
Figure 6: Global: Note Sorter Market: Breakup by End User (in %), 2020
Figure 7: Global: Note Sorter Market: Breakup by Region (in %), 2020
Figure 8: Global: Note Sorter (Small Size Note Sorter) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Note Sorter (Small Size Note Sorter) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Note Sorter (Medium Size Note Sorter) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Note Sorter (Medium Size Note Sorter) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Note Sorter (Large Size Note Sorter) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Note Sorter (Large Size Note Sorter) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Note Sorter (Large Enterprises) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Note Sorter (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Note Sorter (Small and Medium Enterprises) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Note Sorter (Small and Medium Enterprises) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Note Sorter (BFSI) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Note Sorter (BFSI) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Note Sorter (Retail) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Note Sorter (Retail) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Note Sorter (Other End Users) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Note Sorter (Other End Users) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: North America: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: North America: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: United States: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: United States: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Canada: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Canada: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Asia-Pacific: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Asia-Pacific: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: China: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: China: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Japan: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Japan: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: India: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: India: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: South Korea: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: South Korea: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Australia: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Australia: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Indonesia: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Indonesia: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Others: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Others: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Europe: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Europe: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Germany: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Germany: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: France: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: France: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: United Kingdom: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: United Kingdom: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Italy: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Italy: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Spain: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Spain: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Russia: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Russia: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Others: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Others: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Latin America: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Latin America: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Brazil: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Brazil: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Mexico: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Mexico: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Others: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Others: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Middle East and Africa: Note Sorter Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Middle East and Africa: Note Sorter Market: Breakup by Country (in %), 2020
Figure 72: Middle East and Africa: Note Sorter Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Global: Note Sorter Industry: SWOT Analysis
Figure 74: Global: Note Sorter Industry: Value Chain Analysis
Figure 75: Global: Note Sorter Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Note Sorter Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Note Sorter Market Forecast: Breakup by Sorter Type (in Million US$), 2021-2026
Table 3: Global: Note Sorter Market Forecast: Breakup by Enterprise Size (in Million US$), 2021-2026
Table 4: Global: Note Sorter Market Forecast: Breakup by End User (in Million US$), 2021-2026
Table 5: Global: Note Sorter Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Note Sorter Market: Competitive Structure
Table 7: Global: Note Sorter Market: Key Players

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