United States
US 32288154 | Procurement

Currency Counters in the US Procurement Price, Data and Insights

IW
IBISWorld Research Department
Analyst New York
Currency counters are machines that count banknotes or coins. Currency counters may count single denominations of bills and coins or may count many denominations simultaneously. Currency counters that are capable of counting many denominations at once are known as currency discriminators. Currency counters are most commonly found in banks and retail locations. Buyers include financial institutions, retailers, casinos and gaming establishments. Suppliers can be categorized as manufacturers or resellers.

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What’s included in this market coverage

IBISWorld's research coverage on the Currency Counters procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.

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About this Market

What’s this procurement report about?

This procurement coverage of the Currency Counters market in the United States includes Basic Banknote Counter, Mixed Denomination Counter, Coin Counter and Sorter and Bank Grade Counterfeit Detection. Standard coding in this coverage includes HS-8472909040-Desktop Note Counters And Note Scanners, ISIC-2817-Manufacture of office machinery and equipment (except computers and peripheral equipment), NACE-28.23-Manufacture Of Office Machinery And Equipment (Except Computers And Peripheral Equipment), NAICS-333310-Commercial and service industry machinery manufacturing and UNSPSC-44102501-Money counting machines.

What common market terminology is included?

Common market terminology included in the Currency Counters procurement coverage includes Denomination (The face value of a bill which currency counters can recognize and sort during the counting process.), Counterfeit Detection (A feature in currency counters that uses ultraviolet, magnetic, and infrared sensors to identify and reject fake banknotes.) and Hopper (The compartment in a currency counter machine where banknotes or coins are loaded prior to counting.).

What companies are included as top suppliers?

The top companies covered in the Currency Counters procurement report as suppliers are Semacon Business Machines Inc., Hilton Trading Corp., Cassida Corporation, Carnation Enterprises and Billcon Corporation.

Opportunity Assessment

What’s included in the Opportunity Assessment chapter?

The Opportunity Assessment chapter provides a comprehensive market analysis of the Currency Counters market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.

The market pricing trends include the Market Price (2026) per counter, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.

Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Currency Counters market environment.

Buyer Power Score

What’s included in the Buyer Power Score chapter?

The Buyer Power Score chapter assesses key components impacting Currency Counters procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.

These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.

Price Environment

What’s included in the Price Environment chapter?

The Price Environment chapter covers detailed pricing analysis and datasets on Currency Counters market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.

Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.

Supply Chain & Vendors

What’s included in the Supply Chain & Vendors chapter?

The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Currency Counters market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.

Business Requirements

What’s included in the Business Requirements chapter?

The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.

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Frequently Asked Questions

What is the current market price for Currency Counters?

The 2026 benchmark market price for Currency Counters is $560 per counter. Prices have increased at a CAGR of 1.66 from 2023-26.

Who are the top vendors in the Currency Counters market?

The top vendors in the Currency Counters market include Semacon Business Machines Inc., Hilton Trading Corp., Cassida Corporation, Carnation Enterprises and Billcon Corporation.

What industries supply the Currency Counters market?

The top industries supplying the Currency Counters market are Circuit Board & Electronic Component Manufacturing in the US, Copper, Nickel, Lead & Zinc Mining in the US, Semiconductor & Circuit Manufacturing in the US, Wire & Cable Manufacturing in the US, Software Publishing in the US and Colleges & Universities in the US.

What is the supply chain risk for Currency Counters?

High market concentration limits buyer bargaining power. The currency counter market is dominated by a few leading suppliers, granting top vendors substantial pricing power and limiting competition. As a result, buyers may face higher costs and fewer options for customization or innovation. To offset this, procurement teams should leverage competitive proposals from mid-tier or niche providers where possible and seek performance-based contract terms to enhance value.

What factors affect the price of Currency Counters?

Machine type strongly influences price, as top-tier machines that feature advanced electronic counting, automatic feeding, or counterfeit detection often have costs double or triple those of basic manual or entry-level devices—for example, a fully automatic bubble wrap production line can cost $40,000 or more, while compact desktop air-cushion machines run between $300 and $2000.

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