Note Sorter Market by Solution Type (Small Size Note Sorter, Medium Size, Large Size Note Sorter) Industry Growth and Analysis 2023

The Global Note Sorter Market was valued at $5,334 million in 2016, and is projected to reach at $8,454 million by 2023, growing at a CAGR of 7.00% from 2017 to 2023. In 2016, the small size note sorter segment accounted for the highest revenue share in the global market.
Note Sorters are used as sorting units that facilitate the management of notes for cash-intensive businesses. Implementation of note sorting machines reduces the human efforts wasted during the processes of counting and sorting.

These products establish automated cash handling process for notes and enable time & cost saving for the organization by delivering error-free results.

The global note sorter market is segmented on the basis of type, end user, and region. Based on type, the market is divided into small size note sorter, medium size note sorter, and large size note sorter. Based on end user, it is categorized into BFSI, retail, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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The global note sorter market is dominated by key players such as Giesecke & Devrient GmbH, Glory Global Solutions (International) Limited, Laurel, De La Rue plc, Toshiba Infrastructure Systems & Solutions Corporation, Kisan Electronics, Julong Europe GmbH, Cummins-Allison Corp., GRGBanking, and Bcash Electronics Co.

Increased growth associated with highly cash-intensive environments, such as retail industry, commercial banks, public sector outlets, and others, rise in adoption of note sorting machines by end user due to its numerous benefits drive the growth of the global note sorter market growth. However, penetration of digital transaction solutions and presence of large number of note sorter machine manufactures which results into market saturation impedes the market growth.

Based on end user, the BFSI segment led the market in 2016, and is projected to maintain its dominance in the future, owing to growth associated with bank industry among the developing nations. However, the medium size note sorter segment is expected to witness the highest growth.

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North America generated the highest revenue in 2016; however, Asia-Pacific is anticipated to witness the fastest growth rate during the forecast period.

Key Findings of the Note Sorter Market:
• The small size note sorter segment is expected to exhibit significant increase in the global note sorter market during the forecast period.
• In 2016, the BFSI segment accounted for the highest revenue among the other end user.
• North America region generated the highest revenue in 2016.
• Asia-Pacific is projected to exhibit substantial growth during the forecast period.

Some of the key players operating in the note sorter market that are profiled in the report include Giesecke & Devrient GmbH, Glory Global Solutions (International) Limited, Laurel, De La Rue plc, Toshiba Infrastructure Systems & Solutions Corporation, Kisan Electronics, Julong Europe GmbH, Cummins-Allison Corp., GRGBanking, and Bcash Electronics Co.

LIST OF TABLES:

TABLE 01. GLOBAL NOTE SORTER MARKET REVENUE, BY TYPE, 2016-2023 ($MILLION)
TABLE 02. NOTE SORTER MARKET REVENUE FOR SMALL SIZE, BY REGION 2016-2023 ($MILLION)
TABLE 03. NOTE SORTER MARKET REVENUE FOR MEDIUM SIZE, BY REGION 2016-2023 ($MILLION)
TABLE 04. NOTE SORTER MARKET REVENUE FOR LARGE SIZE, BY REGION 2016-2023 ($MILLION)
TABLE 05. GLOBAL NOTE SORTER MARKET REVENUE, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 06. NOTE SORTER MARKET REVENUE FOR CONSUMER ELECTRONICS APPLICATION, BY REGION 2016-2023 ($MILLION)
TABLE 07. NOTE SORTER MARKET REVENUE FOR TELECOMMUNICATION APPLICATION, BY REGION 2016-2023 ($MILLION)
TABLE 08. NOTE SORTER MARKET REVENUE FOR AUTOMOTIVE APPLICATION, BY REGION 2016-2023 ($MILLION)
TABLE 09. GLOBAL NOTE SORTER MARKET REVENUE, BY GEOGRAPHY, 2016-2023 ($MILLION)
TABLE 10. NORTH AMERICA NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 11. NORTH AMERICA NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 12. NORTH AMERICA NOTE SORTER MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 13. U.S. NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 14. U.S. NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 15. CANADA NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 16. CANADA NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 17. MEXICO NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 18. MEXICO NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 19. EUROPE NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 20. EUROPE NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 21. EUROPE NOTE SORTER MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 22. UK NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 23. UK NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 24. GERMANY NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 25. GERMANY NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 26. FRANCE NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 27. FRANCE NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 28. RUSSIA NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 29. RUSSIA NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 30. ITALY NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 31. ITALY NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 32. REST OF EUROPE NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 33. REST OF EUROPE NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 34. ASIA-PACIFIC NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 35. ASIA-PACIFIC NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 36. ASIA-PACIFIC NOTE SORTER MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 37. CHINA NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 38. CHINA NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)
TABLE 39. INDIA NOTE SORTER MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 40. INDIA NOTE SORTER MARKET, BY END USER, 2016-2023 ($MILLION)

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