According to a newly published market analysis by Reed Intelligence, the Global Coin Sorter Market is projected to grow at a compound annual growth rate (CAGR) of ~5% over the forecast period from 2023 to 2031.

Market Size & Forecast

Base Year (2023): As per Reed Intelligence.

Forecast Year (2031): The market is expected to expand significantly by 2031, driven by rising automation and cash management needs.

Key Highlights

Largest Region: North America dominates the global coin sorter market, supported by a technologically advanced ecosystem and strong demand.

Fastest-Growing Region: Asia-Pacific (APAC) is expected to experience the fastest growth, fueled by emerging economies and increasing adoption of cash-handling automation.

Largest Segmentation by Type: Within the Type category, Small Type coin sorters account for the largest share.

Largest Segmentation by Application: Under Application, the Bank segment leads, reflecting high demand for coin sorting in financial institutions.

Market Dynamics

The Global Coin Sorter Market is being driven by several strong tailwinds. A key driver is the increased demand for automation in retail and banking sectors; as institutions seek efficiency, coin sorters help reduce labor costs and error rates. Closely linked is the growing concern over counterfeit prevention, prompting banks and cash-handling centers to adopt more reliable sorting machines.

However, the market also faces certain restraints. Economic uncertainties and potential regulatory challenges could slow down investments in cash-handling infrastructure. Supply chain disruptions may pose risk, especially for manufacturers sourcing specialized components.

On the opportunity front, the integration of coin sorters with digital payment systems and data analytics platforms offers a lucrative growth path. By embedding real-time analytics, companies can optimize cash flow management, detect fraud, and enhance security — creating a differentiated product in a competitive landscape.

Top Market Players

According to the Reed Intelligence report, leading companies in the global coin sorter market include:

GRG Banking

Giesecke+Devrient

Julong

BCASH Electronics Co.

Glory Global Solutions Limited

Royal Sovereign International, Inc.

Suzhou Ribao Technology Co., Ltd.

Guangdong Baijia Baiter Co., Ltd.

Laurel

Delarue

Toshiba

Kisan Electronics

Xinda

Guao Electronic

Harbin Bill Sorter

Market Segmentation & Regional Breakdown

By Type:

Small Type

Mid Type

Large Type

By Application:

Bank

Retailing

Other Applications

By Region:

North America (U.S., Canada)

Europe (UK, Germany, France, etc.)

Asia Pacific (China, India, Japan, Southeast Asia, etc.)

LAMEA (Latin America, Middle East, Africa)

About Reed Intelligence
Reed Intelligence delivers in-depth market research, offering actionable insights across industry verticals. The Global Coin Sorter Market report (Report Code: RI1194PUB) provides detailed analysis on market size, segmentation, trends, and key players through 2031.