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Optical Sorters Market

Optical Sorters Market Forecasts to 2028 – Global Analysis By Type (RGB, NIR, MIR), Product (Optical, Feed), Platform (Belt, Lane, Hybrid) and By Geography

4.2 (21 reviews)
Published: December 2021 ID: SMRC21213
4.2 (21 reviews)
Published: December 2021 ID: SMRC21213

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Optical Sorters Market is accounted for $2.00 billion in 2020 and is expected to reach $5.02 billion by 2028 growing at a CAGR of 12.2% during the forecast period. Rising focus on automation, strict government rules for food safety and rising labor costs are driving the market growth. However, high capital investment is hampering the growth of the market.

Optical sorter or digital sorting is an automated dedicated system utilized for sorting solid products. Optical sorters are replacing manual sorting processes in the food industry due to increasing labor costs, shortage in the labor force and an augmented demand from consumers who want high-quality systems. It is the procedure of sorting solid products using lasers and/or cameras. The optical sorter recycling technology aids in automatically identifying and sorting most recyclables.

Based on the type, the hyperspectral cameras and combined sorters segment is going to have lucrative growth during the forecast period as hyperspectral cameras-being extensively used and implemented due to the rising need to solve earlier unfeasible sorting tasks. These cameras are similar to the trichromatic cameras and they gather data from the electromagnetic spectrum. They are increasingly being applied for quality control, sorting and recycling applications.

By geography, Asia Pacific is going to have high growth during the forecast period due to the rising adoption of intelligent solutions and rapid growth in digitalization in emerging economies such as China and India. In APAC, industries are focusing on automation to increase productivity and quality. Japan is one of the leading manufacturers of optical sorters and hence it drives the market demand.

Some of the key players profiled in the Optical Sorters Market include Pellenc ST,       TOMRA Systems ASA, Satake Corporation, Allgaier Werke Group, Greefa, Key Technology,        Steinert, BINDER GmbH, Buhler, Raytec Vision, Cimbria, Newtec, CP Manufacturing Inc, Sesotec and National Recovery Technologies.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 2.00 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

12.2%

Predicted 2028 Value:

USD 5.02 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

317

Chapters Covered:

Type, Product, Component, Platform, Application and Region

Core Drivers and Opportunities:

  • Rising focus on automation
  •  Strict government rules for food safety
  • Rising labor costs

Restraining Factors & Market Threats:

  • High capital investment
  • Difficulties in sorting plastic waste


Types Covered: 
• Red, Green, Blue (RGB) Color Sorters  
• Near Infrared Sorting (NIR) Sorters  
• X-Radiation (X-Ray)  
• Multi-Wavelength Infrared (MIR) Sorter  
• Hyperspectral Cameras and Combined Sorters  
• Lasers  
• Cameras
 
Products Covered:  
• Optical System  
• Feed System  
• Separation System  
• Image Processing Unit
 
Components  Covered: 
• Products  
• Hardware  
• Software  
• Services
 
Platforms Covered:  
• Channel Sorters  
• Alternative Dispute Resolution (ADR) Systems  
• Belt  
• Lane  
• Freefall & Chute-Fed Sorters   
• Single-File Inspection Systems  
• Hybrid  
• Mechanical Graders 
 
Applications  Covered: 
• Agricultural Field  
• Pharmaceutical  
• Tobacco Processing  
• Industrial Areas  
• Mining  
• Recycling  
• Food

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Optical Sorters Market is majorly driven by the rising focus on automation, strict government rules for food safety and rising labor costs.

The hyperspectral cameras and combined sorters segment is growing at a highest CAGR as hyperspectral cameras-being extensively used and implemented due to the rising need to solve earlier unfeasible sorting tasks.

Asia Pacific dominated with a significant market share due to the rising adoption of intelligent solutions and rapid growth in digitalization in emerging economies such as China and India.

North America market is growing at a highest CAGR due to the stringent government regulations pertaining to food safety especially in the U.S.

Key players in Optical Sorters Market include Pellenc ST, TOMRA Systems ASA, Satake Corporation, Allgaier Werke Group, Greefa, Key Technology, Steinert, BINDER GmbH, Buhler, Raytec Vision, Cimbria, Newtec, CP Manufacturing Inc, Sesotec and National Recovery Technologies.

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