The retail industry is expected to dominate the market for counterfeit money detection. However, the transportation industry is expected to witness the highest growth rate during the forecast period. The increasing deployment of kiosks and vending machines at various transportation facilities such as airports and railway stations is the major driver for the increasing demand for counterfeit money detectors in the transportation industry.

Market Analysis and Insights: Global Counterfeit Money Detection Market
The global Counterfeit Money Detection market size is projected to reach US$ 3404 million by 2027, from US$ 2327.2 million in 2020, at a CAGR of 5.5% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Counterfeit Money Detection market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Counterfeit Money Detection market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Counterfeit Money Detection market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Counterfeit Money Detection market.

Global Counterfeit Money Detection Scope and Market Size
Counterfeit Money Detection market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Counterfeit Money Detection market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Ultraviolet
Infrared
Magnetic
Watermark
Microprint
Others

Segment by Application
Kiosks
Self-Checkout Machines
Gaming Machines
Vehicle Parking Machines
Automatic Fare Collection Machines
Vending Machines

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Glory Ltd.
Cummins Allison Corp.
Innovative Technology Ltd.
Crane Payment Innovations
Cassida Corporation
Japan Cash Machine.
Accubanker
DRI Mark Products Inc.
Fraud Fighter
Royal Sovereign International Inc.
Semacon Business Machines