Banknote Sorter Market and Currency Sorter Forecasts for China and Global Regions in New Research Reports

DALLAS, May 29, 2015 /PRNewswire/ --

Market Research Report on Global and Chinese Banknote Sorter Industry, 2009-2019, China Currency Sorter Industry Report, 2015 and Research and Forecast of Banknote Sorter Industry in China, 2014 are market research reports now available under the business and financial services section of RnRMarketResearch.com.

The 2009-2019 banknote sorter market report spread across 150 pages, profiling 10 major global and regional companies and supported with 25+ tables and figures is now available at http://www.rnrmarketresearch.com/market-research-report-on-global-and-chinese-banknote-sorter-industry-2009-2019-market-report.html .

Delivery of Market Research Report on Global and Chinese Banknote Sorter Industry, 2009-2019 will take 2-3 working days once order is placed. This is a professional and in-depth market survey on Global and Chinese Banknote Sorter market. The report firstly reviews the basic information of Banknote Sorter including its classification, application and manufacturing technology; The report then explores global and China's top manufacturers of Banknote Sorter market listing their product specification, capacity, Production value, and market share etc.; The report further analyzes quantitatively 2009-2014 global and China's total market of Banknote Sorter by calculation of main economic parameters of each company; The breakdown data of Banknote Sorter market are presented by company, by country, and by application; The report also estimates 2014-2019 market development of Banknote Sorter market. The report then analyzes the upstream raw materials, downstream clients, and current market dynamics of Banknote Sorter market. In the end, the report makes some proposals for a new project of Banknote Sorter market and a new project of Banknote Sorter market before evaluating its feasibility. Overall, the report provides an in-depth insight of 2009-2014 global and China Banknote Sorter market covering all important parameters. Order a copy of this research at http://www.rnrmarketresearch.com/contacts/purchase?rname=204907 .

The China Currency Sorter Industry Report, 2015 market research says development of currency sorter is now pacing up in China, with about 15%-20% of bank outlets having installed currency sorters as a whole. In 2014, banknote sorter sales in China hit RMB12.428 billion, rising by about 65% on a year-on-year basis. With substitution of small banknote sorter for low-end financial tools like currency counting machine and currency detector and bank's new procurement, the Chinese small banknote sorter market has maintained a breakneck growth rate, registering sales of RMB4.53 billion throughout 2014, up roughly 69% from a year earlier, higher than overall growth rate of banknote sorter market.

Seen from competition in Chinese market, since 2014, foreign companies encountered shrinkage in market share and a slow growth in performance, while domestic major counterparts saw rapid expansion in market share, largely due to obvious advantages of homegrown brands in banknote adaptability, service and price with gradual maturity of small and medium-sized banknote sorter technology.

As a global representative small and medium-sized banknote sorter company, Japanese GLORY has been repeatedly shortlisted for biddings held by head offices of domestic Chinese banks in China. However, its share in the Chinese small banknote sorter market has kept declining in recent years, from 40% in 2012 to 20%-30% in 2014. The company's direct-selling revenue from China fell by 6.5% year on year to JPY11.9 billion in 2014.

Local Chinese financial tool companies have seen rapid expansion in currency sorter business over the last two years. In 2014, Liaoning Julong Financial Equipment Corp. recorded sales of RMB872 million from currency sorter business, up 36.68% from a year earlier, accounting for 78.04% of its revenue; GRG Banking Equipment Co., Ltd. reported sales of RMB181.4 million from currency sorter business, soaring by 145.95% from a year before, making up 5.76% of its revenue.

Since 2014, financial tool makers, while developing their business, started to make inroads into financial service outsourcing field to expand financial services industry chain. The representative players include Liaoning Julong Financial Equipment Corp., GRG Banking Equipment Co., Ltd., and Hebei Huijin Electromechanical Co., Ltd.

The China Currency Sorter Industry Report, 2015 market research profiles global companies like Giesecke & Devrient, De La Rue, Glory, Toshiba and Laurel. Chinese companies profiled in this report include Liaoning Julong Financial Equipment Corp., GRG Banking Equipment Co., Ltd., Hebei Huijin Electromechanical Co., Ltd., Shanghai Guao Electronic Technology Co., Ltd., Anshan Bozong Science & Technology Co., Ltd., CBPM & XINDA, Harbin Bill Sorter Science and Technology Co., Ltd., Beijing TongfangQingzhi Commercial Machine Inc, Beijing China-Julong Automation Co., Ltd., Hunan Chentai Information Technology Co., Ltd., Nanjing Speed Science and Technology Co., Ltd. and Beijing Saint Fluence Technology Co., Ltd. Complete report can be ordered at http://www.rnrmarketresearch.com/contacts/purchase?rname=386587 .

A third report on Research and Forecast of Banknote Sorter Industry in China, 2014 says because of the drive of strong demand of bank, stimulation of central bank's policies, mature banknote sorter technology and reasonable price, the market scale of banknote sorter in China is growing rapidly with great growth potential in China. Since 2007, the annual average growth rate of market scale of banknote sorter has exceeded 60%, it can be expected that the market scale of banknote sorter can hit CNY 12 billion in 2014.

At present, the small-size banknote sorter industry is still in prosperity upward stage, it is predicted that the rapid growth can be maintained until 2017, the output of this industry will increase fast in overall. The fast increase of output of banknote sorter will concurrent with the price decrease of banknote sorter, it is predicted that the price will decrease by about 5%-10%. In 2013, Liaoning Julong Financial Equipment Corp's sale revenue increased by 102.06% over the same period of last year, the market share was almost no changes with 2012. Shanghai Guao Electronic Technology Co., Ltd's sales revenue in 2013 was 2.8 times than 2012; GRGBanking entered into banknote sorter market rapidly in 2013, the sales revenue of banknote sorter realized CNY 73.34 million in the same year, in 2014, it continued to maintain fast growth and became another strong competitor in banknote sorter market. Shandong New Beiyang Information Technology Co., Ltd merged Anshan Bozong and entered into this market.

Companies profiled in Research and Forecast of Banknote Sorter Industry in China, 2014 include Glory Ltd., Giesecke & Devrient GmbH, De La Rue, Liaoning Julong Financial Equipment Corp. (LJFE Corp.), Shanghai Guao Electronic Technology Co., Ltd, Shenzhen Zhongchao XinDa Financial Technologies Ltd, GRGBanking, Beijing Tongfang Qingzhi Commercial Machine Co., Ltd, Harbin Bill Sorter Science and Technology, Cashway Technology Co., Ltd and Shandong New Beiyang Information Technology Co., Ltd.

Explore more reports on the business and financial services markets at http://www.rnrmarketresearch.com/reports/business-financial-services .

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