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Research and Forecast of Banknote Sorter Industry in China, 2014

Published: Dec 21, 2014 | Pages: 55 | Publisher: Huidian Research | Industry: Financial Services | Report Format: Electronic (PDF)

With the official issuance of the People’s Bank of China’s Guidance on Special Rectification to Mistaken Payment of False Currency by Finance Institutes in Bank Industry (YBF (2013)No.14) in 2013, the currency sorter market in China is facing huge market demand and development opportunity.

According to Huidian Research, 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.
 Table of Contents
1. Overview of Banknote Sorter
1.1 Definition and Classification
1.2 Technical Level
1.3 Industry Development History
1.4 Upstream and Downstream Industries
1.4.1 Upstream Industry
1.4.2 Downstream Industry 

2. Development Environment of Banknote Sorter in China
2.1 Economic Environment
2.2 Cash Payment Will Still Be Vibrant in Future
2.3 Policies Accelerate Demand Release of Financial Machines 

3. Market Development of Banknote Sorter in China
3.1 Market Scale
3.2 Competition Pattern
3.3 Demand Analysis
3.4 Segmentations
3.5 Market Prospect of Local Brands and Countermeasures

4. Key Banknote Sorter Manufacturers in Global
4.1 Glory Ltd.
4.1.1 Company Profile
4.1.2 Business Performance
4.1.3 Technology and Channel Advantages
4.2 Giesecke & Devrient GmbH
4.2.1 Company Profile
4.2.2 Business Performance
4.2.3 Business in China
4.3 De La Rue
4.3.1 Company Profile
4.3.2 Business Performance
4.3.3 Business in China

5. Business Performances of Key Banknote Sorter Manufacturers in China
5.1 Liaoning Julong Financial Equipment Corp. (LJFE Corp.)
5.1.1 Company Profile
5.1.2 Business Performance
5.1.3 Main Business Structure
5.1.4 Service Mode
5.1.5 Sorter Business Performance
5.2 Shanghai Guao Electronic Technology Co., Ltd
5.2.1 Company Profile
5.2.2 Business Performance
5.2.3 Sorter Business
5.3 Shenzhen Zhongchao XinDa Financial Technologies Ltd
5.3.1 Company Profile
5.3.2 Main Products
5.3.3 Business Performance
5.4 GRGBanking
5.4.1 Company Profile
5.4.2 Business Performance
5.4.3 Main Business Components
5.4.4 Sorter Business
5.5 Beijing Tongfang Qingzhi Commercial Machine Co., Ltd
5.5.1 Company Profile
5.5.2 Business Performance
5.5.3 After-sales Service Guarantee 
5.6 Harbin Bill Sorter Science and Technology
5.6.1 Company Profile
5.6.2 Business Performance
5.7 Cashway Technology Co., Ltd
5.7.1 Company Profile
5.7.2 Business Performance
5.7.3 Sorter Business
5.8 Shandong New Beiyang Information Technology Co., Ltd
5.8.1 Company Profile
5.8.2 Entering into Sorter Market by Merging Anshan Bozong
5.8.3 Sorter Business

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