Top Coin Sorter Companies

Global Coin Sorter Market size was valued at USD 2.6 Billion in 2023 and is poised to grow from USD 2.7 Billion in 2024 to USD 4.1 Billion by 2032, growing at a CAGR of 5.3% during the forecast period (2025-2032).

Most of the leading players in the global market for coin sorters emphasize technological advancement and global expansion as their strategies. Firms like Glory Global Solutions, and Cummins Allison have invested extensively in upgrading the product to manufacture coin sorting machines that are efficient, precise, and long-lasting. Glory Global Solutions has, for example, introduced the "Glory 6000" series, a coin sorter that uses advanced imaging technology for enhanced sorting accuracy specifically designed for the banking and retail sectors seeking solutions for speed and volume. The companies are also expanding their international outreach in growth markets like India and China, which have vibrant retailing and banking industries.Another strategy being adopted by these top players is entering into strategic partnerships and alliances to enhance the market position. For example, Cummins Allison has collaborated with several financial institutions for the deployment of fully automated coin sorting at their ATMs to enhance cash handling efficiencies. These companies have also put much emphasis on post-sales services involving maintenance and calibration as sustained long-term retention of customers. 'Glory Global Solutions', 'Cummins Allison ', 'Giesecke+Devrient ', 'Namibind ', 'EB International Group Limited', 'Ribao Technology Co., Ltd.', 'Novas Technology Co., Ltd.', 'Chuanwei Electronic Technology Co., Ltd', 'Baijia Technology', 'Cassida Corporation', 'ABANA Enterprises'

What Factors Contribute to North America's Dominance in the Coin Sorter Market?