PUBLISHER: The Business Research Company | PRODUCT CODE: 1921516
PUBLISHER: The Business Research Company | PRODUCT CODE: 1921516
A coin sorter is a machine designed to automatically sort mixed coins into separate bins based on their denominations. It uses various mechanisms to identify and categorize coins, making the process of handling and organizing large quantities of coins more efficient. Coin sorters are commonly used in banks, retail businesses, and other settings where cash handling is frequent.
The main components of a coin sorter are large size coin sorters, medium size coin sorters, and small size coin sorters. Large size coin sorters refer to machines designed to efficiently sort and count high volumes of coins in commercial or industrial settings. They come with various types of displays, such as light-emitting diode (LED) displays and liquid crystal display (LCD) displays, and have different capacities, including coin bin capacity and hopper capacity. These machines are applied in banks, retail, and others.
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.
Tariffs have impacted the coin sorter market by increasing the cost of imported electronic components, motors, sensors, and display units used in machine manufacturing. These higher input costs have affected pricing and procurement, particularly for medium and large size coin sorters used by banks and retail chains in asia pacific and europe. Small manufacturers have faced margin pressure due to component dependency on cross border supply chains. However, tariffs have also encouraged local assembly, sourcing diversification, and increased investment in domestic manufacturing of cash handling equipment.
The coin sorter market research report is one of a series of new reports from The Business Research Company that provides coin sorter market statistics, including coin sorter industry global market size, regional shares, competitors with a coin sorter market share, detailed coin sorter market segments, market trends and opportunities, and any further data you may need to thrive in the coin sorter industry. This coin sorter market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The coin sorter market size has grown strongly in recent years. It will grow from $4.46 billion in 2025 to $4.79 billion in 2026 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to high volume cash transactions, labor intensive manual coin sorting, demand for faster cash reconciliation, growth of retail cash handling needs, adoption of automation in banking operations.
The coin sorter market size is expected to see strong growth in the next few years. It will grow to $6.38 billion in 2030 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to continued cash usage in emerging economies, rising demand for operational efficiency in banks, growth of organized retail chains, increasing deployment of smart cash management systems, technological upgrades in coin recognition mechanisms. Major trends in the forecast period include increasing adoption of automated coin handling in banks, growing demand for high capacity coin sorters in retail, rising use of compact and desktop coin sorters, advancements in coin detection accuracy and speed, expansion of coin sorters in cash intensive businesses.
The growth of the coin sorter market is anticipated to be driven by the increasing use of cash transactions. A cash transaction involves making payments with physical currency, such as coins and banknotes. The rise in cash transactions is due to a higher consumer demand for physical currency in markets where digital payment methods are less accessible or trusted. Coin sorters facilitate these transactions by efficiently sorting and counting coins, which reduces manual handling time and minimizes errors. For example, in November 2024, UK Finance, a UK-based trade association for the banking and financial services sector, reported that 6.0 billion cash payments were made in the UK in 2023. This rise in cash transactions is fueling the growth of the coin sorter market.
The growth of banking services is also expected to boost the coin sorter market. Banking services encompass financial products and operations provided by banks, such as deposit accounts, loans, and investment services. The increased demand for these services is driven by factors such as greater financial inclusion, the adoption of digital banking, and rising economic activities. Coin sorters support banking operations by efficiently organizing and counting large volumes of coins, streamlining cash-handling processes, and reducing manual labor. For example, in October 2025, McKinsey & Company, a US-based management consulting firm, reported that in 2024, banks' revenues after accounting for risk costs reached a record $5.5 trillion, pushing the sector's net income to an all-time high of $1.2 trillion, the largest ever recorded by any industry. This increasing demand for banking services is propelling the growth of the coin sorter market.
Companies in the coin sorter market are focusing on developing advanced products, such as sensor-integrated coin sorters, to improve sorting accuracy and efficiency. These devices are equipped with sensors that detect various attributes of coins, such as size, weight, and metal composition. For instance, in February 2023, REDWAVE Inc., an Austria-based manufacturer of sensor-based sorting machines, introduced the EDWAVE CX coin sorter. This advanced system uses sensors to enhance the accuracy and efficiency of metal sorting processes. Designed for industrial use, the EDWAVE CX offers high precision and a robust build to handle demanding operational environments.
Major companies operating in the coin sorter market are Giesecke+Devrient GmbH, Glory Global Solutions Limited, Crane Payment Innovations, Royal Sovereign Inc., De La Rue Plc, Cummins Allison, Laurel Group, Guangdong Baijia Baiter Co. Ltd., Julong Co. Ltd., Safescan BV, Namibind Inc., Arihant Maxsell Technologies Pvt Ltd, CT Coin Inc., GRG Banking, KLOPP Coin Inc., Nadex Coins, Semacon Business Machines Inc., Smars Inc., Suzhou Ribao Technology Co Ltd., SUZOHAPP Inc., Teachers Choice
North America was the largest region in the coin sorter market in 2025. The regions covered in the coin sorter market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the coin sorter market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The coin sorter market consists of sales of manual coin sorters, electric coin sorters, coin counting and sorting machines, portable coin sorters, and heavy-duty coin sorting systems. Values in this market are 'factory gate' values, 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.
Coin Sorter Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses coin sorter 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 coin sorter ? 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 coin sorter 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, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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