UV Money Detectors Market Size, Share, Growth | Industry Trends [2032]

The UV money detectors market is experiencing steady growth as businesses, financial institutions, and retail sectors seek reliable solutions to detect counterfeit currency. Using ultraviolet (UV) light technology, these detectors can identify security features in banknotes, ensuring that only genuine money circulates within the economy.

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The global UV money detectors market size was valued at approximately USD 110 million in 2023 and is projected to reach around USD 185 million by 2032, growing at a CAGR of 5.8% during the forecast period.