Financial Services & Insurance Research News

New study: Global currency counting machine market forecasts 2017-2021

New study: Global currency counting machine market forecasts 2017-2021

This report covers the present scenario and the growth prospects of the global currency counting machine market for 2017-2021.

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Report : Global Currency Counting Machine Market 2017-2021 is a new market research publication announced by Reportstack. 

Report Outline: A currency counting machine is used either for counting or sorting or counterfeit detection or all the three, for banknotes and coins. The global currency counting machine market can be segmented by end-user into three segments: banking, financial services, and insurance (BFSI); retail; and commercial.

The BFSI sector dominates the market, followed by the retail and commercial sectors.

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In terms of the market by region, APAC holds the largest share of the global market, followed by the Americas and EMEA.

The increasing number of bank branches in the region drives the market growth in APAC.

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Market Growth: The global currency counting machine market to grow at a CAGR of 3.94% during the period 2017-2021.

Key vendors 
• Giesecke & Devrient
• Glory Global Solutions
• Cummins-Allison

Other prominent vendors 
• BILLCON
• GRGBanking
• Guangdong Baijia Baiter Industry
• Julong
• Kisan Electronics
• LAUREL BANK MACHINES
• Maxsell
• Royal Sovereign
• Shenzhen Best Machinery Electronics

Regions Covered:

• Americas
• APAC
• EMEA

Companies Mentioned

Giesecke & Devrient, Glory Global Solutions, and Cummins-Allison. BILLCON, GRGBanking, Guangdong Baijia Baiter Industry, Julong, Kisan Electronics, LAUREL BANK MACHINES, Maxsell, Royal Sovereign, and Shenzhen Best Machinery Electronics.

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