PUBLISHER: The Business Research Company | PRODUCT CODE: 1852424
PUBLISHER: The Business Research Company | PRODUCT CODE: 1852424
An electronic counting machine is an automated device designed to quickly and accurately count large quantities of small to medium-sized items, such as coins, currency notes, ballots, or other objects. It employs sensors, digital displays, and verification systems to minimize human error and save time, providing fast, reliable, and precise counting for financial, electoral, and industrial purposes.
The primary types of electronic counting machines include 4-channel, 8-channel, and 16-channel models. A 4-channel counting machine can simultaneously process and count four separate streams or types of items, improving speed and accuracy. These machines are available in various formats, including portable, desktop, stationary, heavy-duty, and compact designs, and use technologies such as optical, magnetic, ultrasonic, electromagnetic, and hybrid counting systems. Applications span pharmaceutical manufacturing, the food industry, banking, retail and e-commerce, gaming and casinos, vending, and government or public sector operations.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid rise in U.S. tariffs and the subsequent trade frictions in spring 2025 are having a major impact on the electrical and electronics sector, with semiconductors, display panels, and rare-earth metals (essential for batteries and motors) subject to steep duties. Consumer electronics brands face profit erosion, as competitive markets limit their ability to pass costs to buyers. Industrial electronics manufacturers, meanwhile, grapple with delayed projects due to shortages of tariff-impacted components like printed circuit boards. Companies are responding by relocating assembly to tariff-exempt countries, increasing inventory buffers, and redesigning products to reduce dependency on restricted materials.
The electronic counting machine market research report is one of a series of new reports from The Business Research Company that provides electronic counting machine market statistics, including the electronic counting machine industry global market size, regional shares, competitors with the electronic counting machine market share, detailed electronic counting machine market segments, market trends, and opportunities, and any further data you may need to thrive in the electronic counting machine industry. This electronic counting machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The electronic counting machine market size has grown strongly in recent years. It will grow from $1.99 billion in 2024 to $2.16 billion in 2025 at a compound annual growth rate (CAGR) of 8.6%. During the historic period, growth was driven by rising demand for accurate cash handling, increased adoption in banking and retail sectors, a growing need for efficiency in financial transactions, expansion of gaming and casino operations, and heightened focus on minimizing human error in counting.
The electronic counting machine market size is expected to see strong growth in the next few years. It will grow to $2.97 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. In the forecast period, growth is expected to be driven by rising adoption of automation, increasing demand for counterfeit detection features, greater use of cash handling logistics in e-commerce, expansion of smart city initiatives, and the need for faster cash processing in high-volume environments. Key trends during this period include advancements in high-speed counting mechanisms, development of AI-based counterfeit detection, innovation in portable and compact counting devices, investment in cloud-connected counting systems, and improvements in touchless operation for enhanced hygiene and safety.
The growth of the retail sector is expected to drive demand for electronic counting machines. The retail sector includes businesses that sell goods and services directly to consumers through physical stores, online platforms, or direct sales. Rapid expansion of e-commerce and organized retail chains is increasing customer bases and transaction volumes, creating a need for efficient cash handling solutions. Electronic counting machines support retail operations by automating cash counting and reconciliation, reducing manual errors, and improving operational efficiency and customer service. For example, the UK Parliament reported in July 2025 that retail sales in Great Britain reached $691 billion (£517 billion) in 2024, a 1.4% increase from 2023. The expanding retail sector is therefore fueling demand for electronic counting solutions.
Companies in the electronic counting machine market are developing technologically advanced systems to enhance transaction speed and accuracy. Internet of Things (IoT)-enabled teller cash recyclers integrate IoT technology for real-time monitoring and automated cash recycling, improving efficiency and reducing errors. In August 2022, Japan-based Glory Global Solutions Limited launched the GLR-100 teller cash recycler, featuring high-speed note counting, high-capacity storage, and self-audit capabilities. The device enables financial institutions to streamline cash handling, minimize discrepancies, and accelerate transactions, reflecting innovation in modern cash management systems.
In October 2024, US-based Evention LLC partnered with MIMO LLC to improve cash management processes for clients. The collaboration integrates MIMO's advanced electronic counting technology with Evention's reconciliation software to automate cash handling, enhance accuracy, and provide real-time visibility. MIMO LLC specializes in electronic counting machines, supporting the partnership's goal of increasing efficiency in retail and financial operations.
Major players in the electronic counting machine market are Toshiba Infrastructure Systems & Solutions Corporation, Giesecke+Devrient GmbH, Godrej Security Solutions Pvt. Ltd., Glory Global Solutions Inc., Cremer Speciaalmachines B.V., Cummins Allison Corp., Swen Technologies Pvt. Ltd., Capmatic Ltd., Neostarpack Co. Ltd., Taymer International Inc., Leotronic Scales Pvt. Ltd., DATA Detection Technologies Ltd., IMA Group S.p.A., Grand Machinery Technology Co. Ltd., IMANPACK Packaging & Eco Solutions S.p.A., Suzhou Ribao Technology Co. Ltd., Busch Machinery Inc., Guangdong Rich Packing Machinery Co. Ltd., Jornen Machinery Co. Ltd., MultiGel Srl.
North America was the largest region in the electronic counting machine market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in electronic counting machine report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the electronic counting machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The electronic counting machine market consists of sales of coin counters, bill counters, token counters, pill counters, piece counting machines, note sorters, ballot counting machines, check scanners, and object counting devices. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Electronic Counting Machine Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on electronic counting machine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for electronic counting machine ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The electronic counting machine market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.