According to a new report, published by KBV research, The Global Coin Sorter Market size is expected to reach $6.2 billion by 2028, rising at a market growth of 8.2% CAGR during the forecast period.
The Small Size Coin Sorter market is leading the Global Coin Sorter Market by Type in 2021; thereby, achieving a market value of $2.7 billion by 2028. The rapidly rising growth of the segment is primarily attributed to factors, like the increasing quantity of coins of varying sizes that may be processed by small-size sorters and the high demand for such sorters in the retail sector.
The North America market dominated the Global Coin Sorter Market by Region in 2021; thereby, achieving a market value of $2.1 billion by 2028. The Europe market is experiencing a CAGR of 7.7% during (2022 - 2028). Additionally, The Asia Pacific market is exhibiting a CAGR of 8.7% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/coin-sorter-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Giesecke & Devrient GmbH, Glory Ltd. (Glory Global Solutions, Inc.), De La Rue PLC, Guangdong Baijia Baiter Co., Ltd., Royal Sovereign, Cummins Allison Corp., Suzhou Ribao Technology Co., Ltd., BCash, CTcoin A/S.
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