Global Counterfeit Money Detection Strategic Business Report 2023: Emergence of Cash Automation Opens up New Avenues of Growth

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10 Apr, 2023, 14:15 ET

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DUBLIN, April 10, 2023 /PRNewswire/ -- The "Counterfeit Money Detection - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Counterfeit Money Detection estimated at US$2.8 Billion in the year 2022, is projected to reach a revised size of US$4.1 Billion by 2030, growing at a CAGR of 4.8% over the analysis period 2022-2030.

Currency Detector, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$1.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Coin & Currency Counter segment is readjusted to a revised 3.3% CAGR for the next 8-year period. The U.S. Market is Estimated at $825.7 Million, While China is Forecast to Grow at 4.5% CAGRThe Counterfeit Money Detection market in the U.S. is estimated at US$825.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$725.8 Million by the year 2030 trailing a CAGR of 4.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.6% and 3.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.Select Competitors (Total 23 Featured) -

What`s New for 2023?

Key Topics Covered: I. METHODOLOGYII. EXECUTIVE SUMMARY1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSISIV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/ciy2o8

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SOURCE Research and Markets