China Banknote Sorter Market Trends and Forecast Report up to 2014: Radiant Insights, Inc

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.

 

Access This Full Report @ http://www.radiantinsights.com/research/research-and-forecast-of-banknote-sorter-industry-in-china#tabs-4

 

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.

 

About Us

Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

 

For more information visit: Radiant Insights

 

Contact:                                                  

Michelle Thoras

Corporate Sales Specialist, USA

Radiant Insights, Inc

Phone: 1-415-349-0054

Toll Free: 1-888-202-9519

Email: sales@radiantinsights.com

Blog URL: http://sagarkadam.kinja.com/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s