Currency Count Machine Global Market Report 2026

A currency count machine is a specialized electronic device designed to quickly and accurately count coins or banknotes. It improves cash management by detecting counterfeit notes, sorting different denominations, and reducing human errors. The machine is essential for ensuring secure, precise, and efficient financial transactions across multiple sectors.

The primary types of currency count machines are desktop currency count machines and portable currency count machines. Desktop currency count machines are high speed, stationary devices built for accurate counting, sorting, and counterfeit detection in high cash environments. They employ various technologies, including optical recognition, magnetic recognition, and ultrasonic detection, and are used in applications such as banking, retail, security, hospitality, transportation, research, and consumer goods.

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 increased costs of sensors, electronic boards, and display components used in currency count machines. Asia pacific regions are most impacted due to electronics sourcing. Advanced multi currency machines face higher costs. However, tariffs are encouraging regional electronics manufacturing.

The currency count machine market research report is one of a series of new reports from The Business Research Company that provides currency count machine market statistics, including currency count machine industry global market size, regional shares, competitors with a currency count machine market share, detailed currency count machine market segments, market trends and opportunities, and any further data you may need to thrive in the currency count machine industry. This currency count machine 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 currency count machine market size has grown strongly in recent years. It will grow from $1.5 billion in 2025 to $1.63 billion in 2026 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to growth of cash transactions, expansion of banking networks, demand for efficient cash management, increase in counterfeit currency circulation, retail sector growth.

The currency count machine market size is expected to see strong growth in the next few years. It will grow to $2.24 billion in 2030 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to continued cash usage in emerging markets, demand for faster cash processing, advancements in detection technologies, growth of hospitality sector, adoption of compact machines. Major trends in the forecast period include growing demand for accurate cash handling, increasing adoption of counterfeit detection features, rising use in retail and banking sectors, expansion of portable counting devices, integration of multi currency recognition.

The rise in cash transactions is expected to drive the growth of the currency counting machine market going forward. Cash transactions refer to payments made using physical currency, such as banknotes and coins, for the exchange of goods and services. The increase in cash transactions is primarily driven by limited access to digital payment infrastructure in rural and semi-urban areas, where people rely more heavily on physical cash for daily transactions. Currency counting machines support cash transactions by quickly and accurately counting money, reducing manual errors, saving time, and providing counterfeit detection for secure handling in high-volume environments. For instance, in December 2024, the British Retail Consortium (BRC), a UK-based retail trade association, reported that cash usage rose for the second consecutive year to 19.9% of transactions in 2023, up from 18.8% in 2022. Debit cards remained the most widely used payment method, accounting for 62.0% of transactions (66.7% by spending). Therefore, the rise in cash transactions is driving the growth of the currency counting machine market.

Major companies operating in the currency counting machine market are focusing on developing advanced solutions, such as UV detection with 30x higher resolution, to improve banknote authentication. UV detection with 30x higher resolution enhances the currency counting machine's capability by enabling more precise counterfeit detection and accurate banknote sorting, increasing security and operational efficiency in cash-handling processes. For example, in August 2023, Giesecke+Devrient (G+D) GmbH, a Germany-based security technology company, launched the next-generation BPS M evo series, a high-performance banknote processing system featuring upgraded software, enhanced sensor evaluation, a new stacker module, and a modernized interface. This system uses "SensorFusion," combining optical, ultraviolet, infrared, magnetic, and ultrasound sensors to deliver high-precision banknote classification, counterfeit detection, and automated sort/count processes. The optional stacker module allows notes to be deposited in reusable trays instead of traditional banding or wrapping, improving efficiency, security, and sustainability in cash center operations. The BPS M evo supports very high throughput, reduces manual handling, and enhances accuracy compared with legacy processing systems.

In July 2023, BS/2, a Lithuania based banking technology company, partnered with Magner International for an undisclosed amount. The partnership aims to expand global reach and enhance cash management solutions while allowing both companies to continue operating independently with their existing teams and client networks. Magner International is a US based manufacturer of currency counting machines.

Major companies operating in the currency count machine market are Glory Ltd., Giesecke+Devrient GmbH, Godrej Enterprises Group, GRG Banking Equipment Co. Ltd., AccuBANKER, Magner International, Ribao Technology Co. Ltd., LAUREL BANK MACHINES CO. LTD., Cassida Corporation, Hyundai MIB International, Daito Co. Ltd., Bcash Electronics Co. Ltd., Amrotec, Nexbill Co. Ltd., Lidix Innovation Pvt. Ltd., Cosmo Information Technology, Kisan Electronics Co. Ltd., Maxsell, Opteva, Safescan, Paycoin Systems, CountSure Technologies

North America was the largest region in the currency count machine market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the currency count machine market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the currency count machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The currency count machine market consists of revenues earned by entities by providing services such as accurate cash counting, batching and stacking, and denomination sorting. The market value includes the value of related goods sold by the service provider or included within the service offering. The currency count machine market includes sales of accurate cash counting, batching, and stacking, and denomination sorting. 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.

Currency Count Machine 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 currency count 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.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
• Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on end user analysis.
• Benchmark performance against key competitors based on market share, innovation, and brand strength.
• Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
• Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
• Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for currency count 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 currency count 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, 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.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• 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.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Desktop Currency Count Machines; Portable Currency Count Machines
• 2) By Technology: Optical Recognition Technology; Magnetic Recognition Technology; Ultrasonic Technology
• 3) By Application: Banking; Retail; Security; Hospitality; Transportation; Research; Consumer Goods
• Subsegments:
• 1) By Desktop Currency Count Machines: Basic Note Counters; Advanced Mix Note Counters; Counterfeit Detection Machines; Multi-Currency Counters
• 2) By Portable Currency Count Machines: Handheld Note Counters; Battery-Operated Mini Counters; Ultraviolet (UV) Or Magnetic (MG) Detection Portable Machines; Compact Currency Verifiers
• Companies Mentioned: Glory Ltd.; Giesecke+Devrient GmbH; Godrej Enterprises Group; GRG Banking Equipment Co. Ltd.; AccuBANKER; Magner International; Ribao Technology Co. Ltd.; LAUREL BANK MACHINES CO. LTD.; Cassida Corporation; Hyundai MIB International; Daito Co. Ltd.; Bcash Electronics Co. Ltd.; Amrotec; Nexbill Co. Ltd.; Lidix Innovation Pvt. Ltd.; Cosmo Information Technology; Kisan Electronics Co. Ltd.; Maxsell; Opteva; Safescan; Paycoin Systems; CountSure Technologies
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery Format: Word, PDF or Interactive Report
• + Excel Dashboard
• Added Benefits
• Bi-Annual Data Update
• Customisation
• Expert Consultant Support

Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.