Global Currency Counting Machine Market 2021-2025: Market to Decrease by a CAGR of Almost 14% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 15, 2021--
The “Global Currency Counting Machine Market 2021-2025” report has been added to ResearchAndMarkets.com’s offering.
The currency counting machine market is poised to grow by $ 373.27 mn during 2021-2025, decelerating at a CAGR of almost 14% during the forecast period.
The report on the currency counting machine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in counterfeit currency, rising number of bank branches in developing economies, and the counting accuracy offered by currency counting machines.
This study identifies the growing need for weight-based currency counting machines as one of the prime reasons driving the currency counting machine market growth during the next few years. Also, increasing use of multi-currency forex cards and digitization of payments will lead to sizable demand in the market.
The publisher’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading currency counting machine market vendors that include Arihant Maxsell Technologies Pvt. Ltd., Billcon Corp., Cummins-Allison Corp., Giesecke + Devrient GmbH, GLORY Ltd., GRGBanking, Guangdong Baijia Baiter Co. Ltd., Julong Co. Ltd., Kisan Electronics Co. Ltd., and Laurel Bank Machines Co. Ltd.
Also, the currency counting machine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Key Topics Covered:
- Market overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- BFSI - Market size and forecast 2020-2025
- Retail - Market size and forecast 2020-2025
- Commercial - Market size and forecast 2020-2025
- Market opportunity by End-user
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity By Geographical Landscape
- Market drivers
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Arihant Maxsell Technologies Pvt. Ltd.
- Billcon Corp.
- Cummins-Allison Corp.
- Giesecke + Devrient GmbH
- GLORY Ltd.
- Guangdong Baijia Baiter Co. Ltd.
- Julong Co. Ltd.
- Kisan Electronics Co. Ltd.
- Laurel Bank Machines Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/r1kv9t
View source version on businesswire.com:https://www.businesswire.com/news/home/20210915005964/en/
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INDUSTRY KEYWORD: FINANCE BANKING PROFESSIONAL SERVICES OTHER TECHNOLOGY TECHNOLOGY
SOURCE: Research and Markets
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PUB: 09/15/2021 01:24 PM/DISC: 09/15/2021 01:24 PM