Report Format:  
| Pages: 400+
Type: Niche Industry Monitor
| ID: BS3811
| Publication: March 2022
|
US$2,945 |
The Global Note Sorter Market is Projected to Witness Around XX% CAGR between 2022 and 2031 to Surpass over US$ XX billion by the End of 2031.
For businesses, banks and casinos that frequently deal in receiving and processing lot of cash it becomes very difficult to sort and count notes manually. Considering the volume of cash these end user industries process, note sorter machines provide an efficient and time saving ways to enhance their day to day operations. Also, these machines prevents errors associated with note sorting and counting that can arise due to manual tasks performed by human. This, in turn, is increasing the adoption of various types of note sorter machines in banking and retail sectors at a rapid pace across the globe. Note sorting and counting through note or cash sorter machines is becoming an efficient and speedy way to manage and handle monetary tasks.
Growing focus of banks, and financial institutions to invest appropriate time on core business activities and reducing turnaround time for various other tedious tasks is increasing the demand for note sorter machines. This is projected to fuel growth of the note sorter machine market size worldwide. Also, increasing demand for note sorter machines in developing economies owing to shifting focus of end users industries towards self-service machines and process automation is boosting growth of the note sorter industry. However, rising adoption of mobile payments and growing digital transactions is anticipated to hamper growth of the market to some extent in near future.
The global note sorter market has been segmented on the basis of type, grade, end user and region.
The note sorter market has been bifurcated into single pocket note sorter, two pocket note sorter, and multi-pocket note sorter. Of these, the single pocket note sorter accounted for the largest market share, in terms of both value and volume, in 2021. Single pocket note sorter machines are preferred more in small and mid-sized businesses where note in transit is low in volume. Also, these machines can count 1000 to 1200 note per minute and have the capacity to handle up to 200 notes at a time. However, large sized or multi-pocket note sorting machines are increasingly used in large banks and casinos where high volume throughput is required.
By business grade the global note sorter market has been segmented into business grade and bank grade note sorter machines. Among these, bank grade note sorter was the dominant segment, in terms of spending, in 2021. These note sorters mostly includes two pocket and multi-pocket note sorters and are used by banks and retail outlets to reduce turnaround time.
The end user segment includes banks & financial institutions, retail outlets, and other end users. In 2021, banks & financial institution end user segmented dominated the note sorter market with around half of the overall market revenue. Despite increasing penetration of digital transactions, cash transactions and exchanges are performed at a large scale in banks and financial institutions especially in developing regions such as Asia Pacific, Latin America, and Africa. This is continue to increase the demand for note sorter machine across these regions, thereby boosting growth of note sorter industry.
Major geographies covered in the note sorter market are North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East and Africa (MEA). In 2019, in terms of value, North America dominated the note sorter market. This is mainly attributed to increasing spending by banks and financial institutions on automated cash handling operations and systems. However, expansion in banking and financial sectors and automation of processes in banks are expected to increase uptake of note sorter machines in Asia Pacific in near future. This is expected to increase growth of note sorter market size at a healthy CAGR between 2022 and 2031.
Key note sorter manufacturers profiled in the market are Giesecke & Devrient GmbH, Glory Global Solutions (International), Limited, Toshiba Infrastructure Systems & Solutions Corporation, Laurel, De La Rue plc, Kisan Electronics, Julong Europe GmbH, GRGBanking, and Bcash Electronics Co. Major players operating in global note sorter industry are emphasizing more on following major strategies such as strategic partnerships, acquisition, and product launch to remain ahead in the competition.
By Type
By Grade
By End User
By Geography
Prominent Players Captured and Analysed in the Note Sorter Market study
Figure 01: Global Note Sorter Market Size Forecast (US$ Million), 2019-2031
Figure 02: Note Sorter Market Size Year-on-Year Growth (%), 2020-2031
Figure 03: Note Sorter Market Value and Volume Share Analysis by Mode of Transaction (%), 2021 & 2031
Figure 04: Note Sorter Market Attractiveness by Mode of Transaction, 2021
Figure 05: Note Sorter Market Year-on-Year Growth (%) by Mode of Transaction, 2020-2031
Figure 06: Note Sorter Market Value and Volume Share Analysis by Application (%), 2021 & 2031
Figure 07: Note Sorter Market Attractiveness by Application, 2021
Figure 08: Note Sorter Market Year-on-Year Growth (%) by Application, 2020-2031
Figure 09: Note Sorter Market Value and Volume Share Analysis by End User (%), 2021 & 2031
Figure 10: Note Sorter Market Attractiveness by End User, 2021
Figure 11: Note Sorter Market Year-on-Year Growth (%) by End User, 2020-2031
Figure 12: Note Sorter Market Value and Volume Share Analysis by Location (%), 2021 & 2031
Figure 13: Note Sorter Market Attractiveness by Location, 2021
Figure 14: Note Sorter Market Year-on-Year Growth (%) by Location, 2020-2031
Figure 15: Note Sorter Market Value and Volume Share Analysis by Region (%), 2021 & 2031
Figure 16: Note Sorter Market Attractiveness by Region, 2021
Figure 17: Note Sorter Market Year-on-Year Growth (%) by Region, 2020-2031
Figure 18: North America Note Sorter Market Value and Volume Share Analysis by Mode of Transaction (%), 2021 & 2031
Figure 19: North America Note Sorter Market Attractiveness by Mode of Transaction, 2021
Figure 20: North America Note Sorter Market Year-on-Year Growth (%) by Mode of Transaction, 2020-2031
Figure 21: North America Note Sorter Market Value and Volume Share Analysis by Application (%), 2021 & 2031
Figure 22: North America Note Sorter Market Attractiveness by Application, 2021
Figure 23: North America Note Sorter Market Year-on-Year Growth (%) by Application, 2020-2031
Figure 24: North America Note Sorter Market Value and Volume Share Analysis by End User (%), 2021 & 2031
Figure 25: North America Note Sorter Market Attractiveness by End User, 2021
Figure 26: North America Note Sorter Market Year-on-Year Growth (%) by End User, 2020-2031
Figure 27: North America Note Sorter Market Value and Volume Share Analysis by Location (%), 2021 & 2031
Figure 28: North America Note Sorter Market Attractiveness by Location, 2021
Figure 29: North America Note Sorter Market Year-on-Year Growth (%) by Location, 2020-2031
Figure 30: North America Note Sorter Market Value and Volume Share Analysis by Country (%), 2021 & 2031
Figure 31: North America Note Sorter Market Attractiveness by Country, 2021
Figure 32: North America Note Sorter Market Year-on-Year Growth (%) by Country, 2020-2031
Figure 33: Western Europe Note Sorter Market Value and Volume Share Analysis by Mode of Transaction (%), 2021 & 2031
Figure 34: Western Europe Note Sorter Market Attractiveness by Mode of Transaction, 2021
Figure 35: Western Europe Note Sorter Market Year-on-Year Growth (%) by Mode of Transaction, 2020-2031
Figure 36: Western Europe Note Sorter Market Value and Volume Share Analysis by Application (%), 2021 & 2031
Figure 37: Western Europe Note Sorter Market Attractiveness by Application, 2021
Figure 38: Western Europe Note Sorter Market Year-on-Year Growth (%) by Application, 2020-2031
Figure 39: Western Europe Note Sorter Market Value and Volume Share Analysis by End User (%), 2021 & 2031
Figure 40: Western Europe Note Sorter Market Attractiveness by End User, 2021
Figure 41: Western Europe Note Sorter Market Year-on-Year Growth (%) by End User, 2020-2031
Figure 42: Western Europe Note Sorter Market Value and Volume Share Analysis by Location (%), 2021 & 2031
Figure 43: Western Europe Note Sorter Market Attractiveness by Location, 2021
Figure 44: Western Europe Note Sorter Market Year-on-Year Growth (%) by Location, 2020-2031
Figure 45: Western Europe Note Sorter Market Value and Volume Share Analysis by Country (%), 2021 & 2031
Figure 46: Western Europe Note Sorter Market Attractiveness by Country, 2021
Figure 47: Western Europe Note Sorter Market Year-on-Year Growth (%) by Country, 2020-2031
Figure 48: Eastern Europe Note Sorter Market Value and Volume Share Analysis by Mode of Transaction (%), 2021 & 2031
Figure 49: Eastern Europe Note Sorter Market Attractiveness by Mode of Transaction, 2021
Figure 50: Eastern Europe Note Sorter Market Year-on-Year Growth (%) by Mode of Transaction, 2020-2031
Figure 51: Eastern Europe Note Sorter Market Value and Volume Share Analysis by Application (%), 2021 & 2031
Figure 52: Eastern Europe Note Sorter Market Attractiveness by Application, 2021
Figure 53: Eastern Europe Note Sorter Market Year-on-Year Growth (%) by Application, 2020-2031
Figure 54: Eastern Europe Note Sorter Market Value and Volume Share Analysis by End User (%), 2021 & 2031
Figure 55: Eastern Europe Note Sorter Market Attractiveness by End User, 2021
Figure 56: Eastern Europe Note Sorter Market Year-on-Year Growth (%) by End User, 2020-2031
Figure 57: Eastern Europe Note Sorter Market Value and Volume Share Analysis by Location (%), 2021 & 2031
Figure 58: Eastern Europe Note Sorter Market Attractiveness by Location, 2021
Figure 59: Eastern Europe Note Sorter Market Year-on-Year Growth (%) by Location, 2020-2031
Figure 60: Eastern Europe Note Sorter Market Value and Volume Share Analysis by Country (%), 2021 & 2031
Figure 61: Eastern Europe Note Sorter Market Attractiveness by Country, 2021
Figure 62: Eastern Europe Note Sorter Market Year-on-Year Growth (%) by Country, 2020-2031
Figure 63: Asia Pacific Note Sorter Market Value and Volume Share Analysis by Mode of Transaction (%), 2021 & 2031
Figure 64: Asia Pacific Note Sorter Market Attractiveness by Mode of Transaction, 2021
Figure 65: Asia Pacific Note Sorter Market Year-on-Year Growth (%) by Mode of Transaction, 2020-2031
Figure 66: Asia Pacific Note Sorter Market Value and Volume Share Analysis by Application (%), 2021 & 2031
Figure 67: Asia Pacific Note Sorter Market Attractiveness by Application, 2021
Figure 68: Asia Pacific Note Sorter Market Year-on-Year Growth (%) by Application, 2020-2031
Figure 69: Asia Pacific Note Sorter Market Value and Volume Share Analysis by End User (%), 2021 & 2031
Figure 70: Asia Pacific Note Sorter Market Attractiveness by End User, 2021
Figure 71: Asia Pacific Note Sorter Market Year-on-Year Growth (%) by End User, 2020-2031
Figure 72: Asia Pacific Note Sorter Market Value and Volume Share Analysis by Location (%), 2021 & 2031
Figure 73: Asia Pacific Note Sorter Market Attractiveness by Location, 2021
Figure 74: Asia Pacific Note Sorter Market Year-on-Year Growth (%) by Location, 2020-2031
Figure 75: Asia Pacific Note Sorter Market Value and Volume Share Analysis by Country (%), 2021 & 2031
Figure 76: Asia Pacific Note Sorter Market Attractiveness by Country, 2021
Figure 77: Asia Pacific Note Sorter Market Year-on-Year Growth (%) by Country, 2020-2031
Figure 78: Latin America Note Sorter Market Value and Volume Share Analysis by Mode of Transaction (%), 2021 & 2031
Figure 79: Latin America Note Sorter Market Attractiveness by Mode of Transaction, 2021
Figure 80: Latin America Note Sorter Market Year-on-Year Growth (%) by Mode of Transaction, 2020-2031
Figure 81: Latin America Note Sorter Market Value and Volume Share Analysis by Application (%), 2021 & 2031
Figure 82: Latin America Note Sorter Market Attractiveness by Application, 2021
Figure 83: Latin America Note Sorter Market Year-on-Year Growth (%) by Application, 2020-2031
Figure 84: Latin America Note Sorter Market Value and Volume Share Analysis by End User (%), 2021 & 2031
Figure 85: Latin America Note Sorter Market Attractiveness by End User, 2021
Figure 86: Latin America Note Sorter Market Year-on-Year Growth (%) by End User, 2020-2031
Figure 87: Latin America Note Sorter Market Value and Volume Share Analysis by Location (%), 2021 & 2031
Figure 88: Latin America Note Sorter Market Attractiveness by Location, 2021
Figure 89: Latin America Note Sorter Market Year-on-Year Growth (%) by Location, 2020-2031
Figure 90: Latin America Note Sorter Market Value and Volume Share Analysis by Country (%), 2021 & 2031
Figure 91: Latin America Note Sorter Market Attractiveness by Country, 2021
Figure 92: Latin America Note Sorter Market Year-on-Year Growth (%) by Country, 2020-2031
Figure 93: Middle East and Africa Note Sorter Market Value and Volume Share Analysis by Mode of Transaction (%), 2021 & 2031
Figure 94: Middle East and Africa Note Sorter Market Attractiveness by Mode of Transaction, 2021
Figure 95: Middle East and Africa Note Sorter Market Year-on-Year Growth (%) by Mode of Transaction, 2020-2031
Figure 96: Middle East and Africa Note Sorter Market Value and Volume Share Analysis by Application (%), 2021 & 2031
Figure 97: Middle East and Africa Note Sorter Market Attractiveness by Application, 2021
Figure 98: Middle East and Africa Note Sorter Market Year-on-Year Growth (%) by Application, 2020-2031
Figure 99: Middle East and Africa Note Sorter Market Value and Volume Share Analysis by End User (%), 2021 & 2031
Figure 100: Middle East and Africa Note Sorter Market Attractiveness by End User, 2021
Figure 101: Middle East and Africa Note Sorter Market Year-on-Year Growth (%) by End User, 2020-2031
Figure 102: Middle East and Africa Note Sorter Market Value and Volume Share Analysis by Location (%), 2021 & 2031
Figure 103: Middle East and Africa Note Sorter Market Attractiveness by Location, 2021
Figure 104: Middle East and Africa Note Sorter Market Year-on-Year Growth (%) by Location, 2020-2031
Figure 105: Middle East and Africa Note Sorter Market Value and Volume Share Analysis by Country (%), 2021 & 2031
Figure 106: Middle East and Africa Note Sorter Market Attractiveness by Country, 2021
Figure 107: Middle East and Africa Note Sorter Market Year-on-Year Growth (%) by Country, 2020-2031
Table 01: Global Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Mode of Transaction
Table 02: Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Mode of Transaction
Table 03: Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Application
Table 04: Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Application
Table 05: Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by End User
Table 06: Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by End User
Table 07: Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Location
Table 08: Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Location
Table 09: Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Region
Table 10: Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Region
Table 11: North America Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Mode of Transaction
Table 12: North America Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Mode of Transaction
Table 13: North America Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Application
Table 14: North America Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Application
Table 15: North America Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by End User
Table 16: North America Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by End User
Table 17: North America Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Location
Table 18: North America Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Location
Table 19: North America Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Country
Table 20: North America Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Country
Table 21: Western Europe Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Mode of Transaction
Table 22: Western Europe Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Mode of Transaction
Table 23: Western Europe Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Application
Table 24: Western Europe Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Application
Table 25: Western Europe Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by End User
Table 26: Western Europe Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by End User
Table 27: Western Europe Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Location
Table 28: Western Europe Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Location
Table 29: Western Europe Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Country
Table 30: Western Europe Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Country
Table 31: Eastern Europe Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Mode of Transaction
Table 32: Eastern Europe Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Mode of Transaction
Table 33: Eastern Europe Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Application
Table 34: Eastern Europe Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Application
Table 35: Eastern Europe Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by End User
Table 36: Eastern Europe Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by End User
Table 37: Eastern Europe Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Location
Table 38: Eastern Europe Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Location
Table 39: Eastern Europe Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Country
Table 40: Eastern Europe Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Country
Table 41: Asia Pacific Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Mode of Transaction
Table 42: Asia Pacific Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Mode of Transaction
Table 43: Asia Pacific Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Application
Table 44: Asia Pacific Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Application
Table 45: Asia Pacific Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by End User
Table 46: Asia Pacific Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by End User
Table 47: Asia Pacific Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Location
Table 48: Asia Pacific Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Location
Table 49: Asia Pacific Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Country
Table 50: Asia Pacific Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Country
Table 51: Latin America Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Mode of Transaction
Table 52: Latin America Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Mode of Transaction
Table 53: Latin America Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Application
Table 54: Latin America Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Application
Table 55: Latin America Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by End User
Table 56: Latin America Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by End User
Table 57: Latin America Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Location
Table 58: Latin America Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Location
Table 59: Latin America Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Country
Table 60: Latin America Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Country
Table 61: Middle East and Africa Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Mode of Transaction
Table 62: Middle East and Africa Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Mode of Transaction
Table 63: Middle East and Africa Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Application
Table 64: Middle East and Africa Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Application
Table 65: Middle East and Africa Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by End User
Table 66: Middle East and Africa Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by End User
Table 67: Middle East and Africa Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Location
Table 68: Middle East and Africa Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Location
Table 69: Middle East and Africa Note Sorter Market Size & Volume Forecast (2019-2031) (US$ Million) and Year-on-Year Growth (2020-2031) (%) by Country
Table 70: Middle East and Africa Note Sorter Market Incremental Revenue Opportunity, 2020-2031 by Country