Europe Sorting Cash Machine Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Banknote Sorter and Coins Sorter) and Application (Bank, Supermarket, and Others)
The Europe sorting cash machine market is expected to grow from US$ 441.74 million in 2021 to US$ 566.92 million by 2028; it is estimated to grow at a CAGR of 3.6% from 2021 to 2028.
The market is driven by the uncontrolled and non-intermittent flow of currency in banks, casinos, and other monetary organizations. The constant circulation of cash in bulk from one industry to another is one prominent driver increasing the demand for cash sorting machines. Even though the use of cash has decreased in last few years, owing to introduction of cashless payment methods, some businesses deal with money daily. Banks and supermarkets need cash sorting machines. Due to the efficiency of these machines in various accounting activities, the sorting cash machine market is growing steadily in Europe.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe sorting cash machine market in the coming years. The Europe sorting cash machine market is expected to grow at a good CAGR during the forecast period.
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Europe Sorting cash machine market Segmentation
The Europe sorting cash machine market is segmented based on type, application, and country. Based on type, the Europe sorting cash machine market is segmented into banknote sorter and coins sorter. The banknote sorter segment dominated the Europe sorting cash machine market in 2020. Based on application, the Europe sorting cash machine market is segmented into bank, supermarket, and others. The bank segment dominated the Europe sorting cash machine market in 2020. Based on country, the Europe sorting cash machine market is segmented into France, Germany, Italy, UK, Russia, and the rest of Europe. The Germany segment dominated the Europe sorting cash machine market in 2020.
CUMMINS ALLISON; BCASH, ELECTRONICS CO; De La Rue PLC; Giesecke Devrient GmbH; GLORY GLOBAL SOLUTIONS (INTERNATIONAL) LIMITED; GRG Banking; Toshiba Infrastructure Systems and Solutions Corporation; Kisan Electronics Co Ltd; Julong europe GMBH; and Laurel Bank Machines Co Ltd. are among the leading companies in the Europe sorting cash machine market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Sorting Cash Machine Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Sorting Cash Machine Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand from Different End-Use Industries
5.1.2 Many Benefits Offered by Cash Sorting Machines
5.2 Market Restraints
5.2.1 Insertion of Digital Transaction Solutions
5.3 Future Trends
5.3.1 Technological Growth in Cash Sorting Machines
5.4 Impact Analysis of Drivers and Restraints
6. Sorting Cash Machine Market – Europe Analysis
6.1 Europe Sorting Cash Machine Market Revenue and Forecast to 2028 (US$ Million)
7. Europe Sorting Cash Machine Market – By Type
7.1 Overview
7.2 Europe Sorting Cash Machine Market Breakdown, By Type (2020 and 2028)
7.3 Bank Note Sorter
7.3.1 Overview
7.3.2 Bank Note Sorter: Sorting Cash Machine Market Revenue and Forecast to 2028 (US$ Million)
7.4 Coin Sorter
7.4.1 Overview
7.4.2 Coin sorter: Sorting Cash Machine Market Revenue and Forecast to 2028 (US$ Million)
8. Europe Sorting Cash Machine Market – By Application
8.1 Overview
8.2 Europe Sorting Cash Machine Market Breakdown, By Application (2020 and 2028)
8.3 Bank
8.3.1 Overview
8.3.2 Bank: Sorting Cash Machine Market Revenue and Forecast to 2028 (US$ Million)
8.4 Super Market
8.4.1 Overview
8.4.2 Super Market: Sorting Cash Machine Market Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Sorting Cash Machine Market Revenue and Forecast to 2028 (US$ Million)
9. Europe Sorting Cash Machine Market – Country Analysis
9.1 Europe: Sorting Cash Machine Market
9.1.1 Overview
9.1.2 Europe Sorting Cash Machine Market Breakdown, by Country
9.1.2.1 Germany Sorting Cash Machine Market, Revenue and Forecast to 2028
9.1.2.1.1 Germany Sorting Cash Machine Market Breakdown, By Type
9.1.2.1.2 Germany Sorting Cash Machine Market Breakdown, By Application
9.1.2.2 France Sorting Cash Machine Market, Revenue and Forecast to 2028
9.1.2.2.1 France Sorting Cash Machine Market Breakdown, By Type
9.1.2.2.2 France Sorting Cash Machine Market Breakdown, By Application
9.1.2.3 Italy Sorting Cash Machine Market, Revenue and Forecast to 2028
9.1.2.3.1 Italy Sorting Cash Machine Market Breakdown, By Type
9.1.2.3.2 Italy Sorting Cash Machine Market Breakdown, By Application
9.1.2.4 UK Sorting Cash Machine Market, Revenue and Forecast to 2028
9.1.2.4.1 UK Sorting Cash Machine Market Breakdown, By Type
9.1.2.4.2 UK Sorting Cash Machine Market Breakdown, By Application
9.1.2.5 Russia Sorting Cash Machine Market, Revenue and Forecast to 2028
9.1.2.5.1 Russia Sorting Cash Machine Market Breakdown, By Type
9.1.2.5.2 Russia Sorting Cash Machine Market Breakdown, By Application
9.1.2.6 Rest of Europe Sorting Cash Machine Market, Revenue and Forecast to 2028
9.1.2.6.1 Rest of Europe Sorting Cash Machine Market Breakdown, By Type
9.1.2.6.2 Rest of Europe Sorting Cash Machine Market Breakdown, By Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 Merger and Acquisition
10.4 New Development
11. Company Profiles
11.1 CUMMINS ALLISON
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Developments
11.2 BCASH, ELECTRONICS CO
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 De La Rue PLC
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Giesecke Devrient GmbH
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 GLORY GLOBAL SOLUTIONS (INTERNATIONAL) LIMITED
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 GRG Banking
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Toshiba Infrastructure Systems and Solutions Corporation
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Kisan Electronics Co Ltd.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Julong europe GMBH
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Laurel Bank Machines Co Ltd.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Word Index
LIST OF TABLES
Table 1. Europe Sorting Cash Machine Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Sorting Cash Machine Market, Revenue and Forecast To 2028 – By Country (US$ Million)
Table 3. Germany Sorting Cash Machine Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 4. Germany Sorting Cash Machine Market, Revenue and Forecast to 2028 – By Application (US$ Million)
Table 5. France Sorting Cash Machine Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 6. France Sorting Cash Machine Market, Revenue and Forecast to 2028 – By Application (US$ Million)
Table 7. Italy Sorting Cash Machine Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 8. Italy Sorting Cash Machine Market, Revenue and Forecast to 2028 – By Application (US$ Million)
Table 9. UK Sorting Cash Machine Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 10. UK Sorting Cash Machine Market, Revenue and Forecast to 2028 – By Application (US$ Million)
Table 11. Russia Sorting Cash Machine Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 12. Russia Sorting Cash Machine Market, Revenue and Forecast to 2028 – By Application (US$ Million)
Table 13. Rest of Europe Sorting Cash Machine Market, Revenue and Forecast to 2028 – By Type (US$ Million)
Table 14. Rest of Europe Sorting Cash Machine Market, Revenue and Forecast to 2028 – By Application (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Sorting Cash Machine Market Segmentation
Figure 2. Europe Sorting Cash Machine Market Segmentation – By Country
Figure 3. Europe Sorting Cash Machine Market Overview
Figure 4. Banknote Sorter Segment held the largest share in 2020
Figure 5. Bank Segment held the largest share in 2020
Figure 6. Germany held the largest share in 2020
Figure 7. Europe: PEST Analysis
Figure 8. Europe Sorting Cash Machine Market – Ecosystem Analysis
Figure 9. Europe Expert Opinion
Figure 10. Europe Impact Analysis of Drivers and Restraints
Figure 11. Europe Sorting Cash Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Sorting Cash Machine Market Breakdown, By Type (2020 and 2028)
Figure 13. Europe Bank Note Sorter: Sorting Cash Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Coin sorter: Sorting Cash Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Sorting Cash Machine Market Breakdown, By Application (2020 and 2028)
Figure 16. Europe Bank: Sorting Cash Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Super Market: Sorting Cash Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Others: Sorting Cash Machine Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Sorting Cash Machine Market, by Key Country – Revenue (2020) (US$ Million)
Figure 20. Europe Sorting Cash Machine Market Breakdown, by Country, 2020 & 2028(%)
Figure 21. Germany Sorting Cash Machine Market, Revenue and Forecast to 2028 (US$ Million)
Figure 22. France Sorting Cash Machine Market, Revenue and Forecast to 2028 (US$ Million)
Figure 23. Italy Sorting Cash Machine Market, Revenue and Forecast to 2028 (US$ Million)
Figure 24. UK Sorting Cash Machine Market, Revenue and Forecast to 2028 (US$ Million)
Figure 25. Russia Sorting Cash Machine Market, Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Europe Sorting Cash Machine Market, Revenue and Forecast to 2028 (US$ Million)
- CUMMINS ALLISON
- BCASH, ELECTRONICS CO
- De La Rue PLC
- Giesecke Devrient GmbH
- GLORY GLOBAL SOLUTIONS (INTERNATIONAL) LIMITED
- GRG Banking
- Toshiba Infrastructure Systems and Solutions Corporation
- Kisan Electronics Co Ltd
- Julong Europe GMBH
- Laurel Bank Machines Co Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe sorting cash machine market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe sorting cash machine market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe sorting cash machine market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution