Global Optical Sorter Market was valued at USD 1.89 Bn in 2019 and is expected to reach at USD 3.94 Bn by 2027, at a CAGR of 9.6% over forecast period 2020-2027. To know about the Research Methodology :- Request Free Sample Report
Global Optical Sorter Market Drivers and Restrains:Optical Sorter or Digital sorting is an automated dedicated system utilized for sorting solid products. Sorting is done by sundry parameters & which include objects' color, size, shape, structural prop, and chemical makeup, agricultural semen, coffee, confectionery, fruit, grains nut, meat, and seafood such as industrial mineral and precious metals. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. An increasing need to reduce process and distribution time in the victuals industry, growing automation to increment productivity in sundry industries, and stringent regulations regarding aliment safety are the major factors driving the growth of Global Optical Sorter Market. Moreover, factors such as an increasing demand for optical sorters from the U.S and European food industry, rising cost of labor in Europe and Asia Pacific, rising adoption of digital sorting technologies in China and Japan, Adoption of the technology in waste recycling plants in Latin America are driving the growth of optical sorter market over forecast period. However, higher operation and maintenance cost and high capital investments are restraining the magnification of optical sorter market.
Global Optical Sorter Market Segmentation Analysis:Global Optical Sorter Market is segmented by Product Type, by Platform, by Application, by Geography. By application, food industry held the largest share of optical sorter market in 2019 and is expected to keep its dominance over forecast period. An increased demand for good quality food products with a shorter delivery cycle, stringent regulations for food safety, growing automation are major drivers for the growth of food industry application. By platform, belt sorting platform holds 38.56% of market share over forecast period. Due to high performance capabilities and higher sorting accuracy belt sorting platform is used in various applications such as recycling, mining and food. By type, hyper spectral camera hold largest market share over forecast period. The hyperspectral camera is digital camera systems that deliver both spatially and spectrally high-resolution images. They are ideal for qualitative and quantitative assessment of test objects based on their specific spectral and geometric signatures.
Global Optical Sorter Market Regional Analysis:By geography, Global Optical Sorter Market is segmented into North America, Europe, APAC, Latin America and MEA&A. Among all of these North America held 43.56% in 2019 and is expected to keep its dominance over forecast period. Many North American companies have integrated AI technology into an optical sorter equipment for advanced analytics, monitoring, and automation of the processes. Moreover, factors such as higher adoption rate of automated equipment in U.S. victual industry and presence of stringent regulations for pabulum safety are driving market in this region over forecast period. North America is followed by APAC and Europe. APAC is expected to hold near about 23% of market share over forecast period owing to the growing adoption of intelligent solutions and rapid growth in digitalization in an emerging economies such as China, India and Japan. The objective of the report is to present a comprehensive analysis of the Global Optical Sorter Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Optical Sorter Market dynamics, structure by analyzing the market segments and project the Global Optical Sorter Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Optical Sorter Market make the report investor’s guide.
Years that have been considered for the study are as follows:• Base Year – 2018 • Estimated Year – 2019 • Forecast Period – 2019 to 2026 For company profiles, 2018 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered
Key Players in the Global Optical Sorter Market Are:• Buhler • Binder • Tomra • Key Technology • Allgaier Werke • Satake • CP Manufacturing • Cimbria • Greefa • Pellenc ST • Newtec • National Recovery Technologies • Raytec Vision • Steinert • Sesotec • Hefei Meyer Optoelectrionic Technology • TAIHO • Daewon GSI • Cimbria • Daewon GSI
Key Target Audience:• Optical sorter manufacturers and suppliers • Component and material providers • End-users/enterprise-users • Research institutes and organizations • Government bodies, venture capitalists, and private equity firms • Market research and consulting firms • Enterprise data center professionals
Scope of the Global Optical Sorter Market: Inquire before buyingResearch report categorizes the Optical Sorter Market based on type, platform, application and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Optical Sorter Market with key developments in companies and Optical Sorter Market trends.
Global Optical Sorter Market, By Product Type:• Lasers • NIR Sorters • Cameras • Hyperspectral Cameras and Combined Sorters
Global Optical Sorter Market, by Platform:• Freefall • Lane • Belt • Hybrid
Global Optical Sorter Market, By Application:• Recycling • Mining • Food
Global Optical Sorter Market, By Geography:• North America • Europe • Asia Pacific • Middle East & Africa • Latin America Available Customization: Maximize Market Research offers customization of report and scope of the report as per the specific requirement of our client.
Optical Sorter Market1. OPTICAL SORTER EXECUTIVE SUMMARY 2. OPTICAL SORTER RESEARCH METHODOLOGY 2.1. Optical Sorter Market Definition 2.2. Optical Sorter Market Scope 2.3. Optical Sorter Data Sources 3.1. Optical Sorter Market Drivers 3.2. Optical Sorter Market Restraints 3.3. Optical Sorter Market Opportunities 4. OPTICAL SORTER END-USER OVERVIEW 4.1. Optical Sorter Value Chain Analysis 4.2. Optical Sorter Key Trends 5. OPTICAL SORTER MARKET, BY TYPE (2019-2026) 5.1. Introduction 5.2. Optical Sorter Lasers 5.2.1. Optical Sorter Lasers Market Overview 5.2.2. Optical Sorter Lasers Market Size & Forecast 5.3. Optical Sorter NIR Sorters 5.3.1. Optical Sorter NIR Sorters Market Overview 5.3.2. Optical Sorter NIR Sorters Market Size & Forecast 5.4. Optical Sorter Cameras 5.4.1. Optical Sorter Cameras Market Overview 5.4.2. Optical Sorter Cameras Market Size & Forecast 5.5. Optical Sorter Hyperspectral Cameras and Combined Sorters 5.5.1. Optical Sorter Hyperspectral Cameras and Combined Sorters Market Overview 5.5.2. Optical Sorter Hyperspectral Cameras and Combined Sorters Market Size & Forecast 6. OPTICAL SORTER MARKET, BY PLATFORM (2019-2026) 6.1. Introduction 6.2. Optical Sorter Freefall 6.2.1. Optical Sorter Freefall Market Overview 6.2.2. Optical Sorter Freefall Market Size & Forecast 6.3. Optical Sorter Hybrid 6.3.1. Optical Sorter Hybrid Market Overview 6.3.2. Optical Sorter Hybrid Market Size & Forecast 6.4. Optical Sorter Belt 6.4.1. Optical Sorter Belt Market Overview 6.4.2. Optical Sorter Belt Market Size & Forecast 6.5. Optical Sorter Lane 6.5.1. Optical Sorter Lane Market Overview 6.5.2. Optical Sorter Lane Market Size & Forecast 7. OPTICAL SORTER MARKET, BY APPLICATION (2019-2026) 7.1. Introduction 7.2. Optical Sorter Recycling 7.2.1. Optical Sorter Recycling Market Overview 7.2.2. Optical Sorter Recycling Market Size & Forecast 7.3. Optical Sorter Mining 7.3.1. Optical Sorter Mining Market Overview 7.3.2. Optical Sorter Mining Market Size & Forecast 7.4. Optical Sorter Food 7.4.1. Optical Sorter Food Market Overview 7.4.2. Optical Sorter Food Market Size & Forecast 8. OPTICAL SORTER MARKET, BY GEOGRAPHY (2019-2026) 8.1. North America Optical Sorter Market 8.1.1. North America Optical Sorter Market, by Type 8.1.2. North America Optical Sorter Market, by Platform 8.1.3. North America Optical Sorter Market, by Application 8.1.4. North America Optical Sorter Market, by Region 188.8.131.52. U.S. Optical Sorter Market 184.108.40.206. Canada Optical Sorter Market 8.2. Europe Optical Sorter Market 8.2.1. Europe Optical Sorter Market, by Type 8.2.2. Europe Optical Sorter Market, by Platform 8.2.3. Europe Optical Sorter Market, by Application 8.2.4. Europe Optical Sorter Market, by Region 220.127.116.11. France Optical Sorter Market 18.104.22.168. Germany Optical Sorter Market 22.214.171.124. U.K .Optical Sorter Market 126.96.36.199. Rest of Europe Optical Sorter Market 8.3. Asia Pacific Optical Sorter Market 8.3.1. Asia-Pacific Optical Sorter Market, by Type 8.3.2. Asia-Pacific Optical Sorter Market, by Platform 8.3.3. Asia-Pacific Optical Sorter Market, by Application 8.3.4. Asia-Pacific Optical Sorter Market, by Region 188.8.131.52. China Optical Sorter Market 184.108.40.206. Japan Optical Sorter Market 220.127.116.11. India Optical Sorter Market 18.104.22.168. Australia Optical Sorter Market 22.214.171.124. South Korea Optical Sorter Market 126.96.36.199. Rest of Asia Pacific Optical Sorter Market 8.4. Middle East & Africa Optical Sorter Market 8.4.1. Middle East & Africa Optical Sorter Market, by Type 8.4.2. Middle East & Africa Optical Sorter Market, by Platform 8.4.3. Middle East & Africa Optical Sorter Market, by Application 8.4.4. Middle East & Africa Optical Sorter Market, by Region 188.8.131.52. South Africa Optical Sorter Market 184.108.40.206. Egypt Optical Sorter Market 220.127.116.11. Nigeria Optical Sorter Market 18.104.22.168. Rest of Middle East & Africa Optical Sorter Market 8.5. Latin America Optical Sorter Market 8.5.1. Latin America Optical Sorter Market, by Type 8.5.2. Latin America Optical Sorter Market, by Platforms 8.5.3. Latin America Optical Sorter Market, by Application 8.5.4. Latin America Optical Sorter Market, by Region 22.214.171.124. Brazil Optical Sorter Market 126.96.36.199. Argentina Optical Sorter Market 188.8.131.52. Columbia Optical Sorter Market 184.108.40.206. Mexico Optical Sorter Market 220.127.116.11. Rest of Latin America Optical Sorter Market 9. OPTICAL SORTER MARKET COMPETITION ANALYSIS 9.1 Optical Sorter Market Share/Positioning Analysis 9.2 Optical Sorter Key Innovators 9.3 Optical Sorter Company Profiles 9.3.1 Buhler 18.104.22.168 Overview 22.214.171.124 Products/ End-User 126.96.36.199 Strategy 188.8.131.52 Key Developments 9.3.2 Binder 184.108.40.206 Overview 220.127.116.11 Products/ End-User 18.104.22.168 Strategy 22.214.171.124 Key Developments 9.3.3 Tomra 126.96.36.199 Overview 188.8.131.52 Products/ End-User 184.108.40.206 Strategy 220.127.116.11 Key Developments 9.3.4 Key Technology 18.104.22.168 Overview 22.214.171.124 Products/ End-User 126.96.36.199 Strategy 188.8.131.52 Key Developments 9.3.5 Allgaier Werke 184.108.40.206 Overview 220.127.116.11 Products/ End-User 18.104.22.168 Strategy 22.214.171.124 Key Developments 9.3.6 Satake 126.96.36.199 Overview 188.8.131.52 Products/ End-User 184.108.40.206 Strategy 220.127.116.11 Key Developments 9.3.7 CP Manufacturing 18.104.22.168 Overview 22.214.171.124 Products/ End-User 126.96.36.199 Strategy 188.8.131.52 Key Developments 9.3.8 Cimbria 184.108.40.206 Overview 220.127.116.11 Products/ End-User 18.104.22.168 Strategy 22.214.171.124 Key Developments 9.3.9 Greefa 126.96.36.199 Overview 188.8.131.52 Products/ End-User 184.108.40.206 Strategy 220.127.116.11 Key Developments 9.3.10 Hefei Meyer Optoelectrionic Technology 18.104.22.168 Overview 22.214.171.124 Products/ End-User 126.96.36.199 Strategy 188.8.131.52 Key Developments 9.3.11 TAIHO 184.108.40.206 Overview 220.127.116.11 Products/ End-User 18.104.22.168 Strategy 22.214.171.124 Key Developments 9.3.12 Daewon GSI 126.96.36.199 Overview 188.8.131.52 Products/ End-User 184.108.40.206 Strategy 220.127.116.11 Key Developments 9.3.13 Cimbria 18.104.22.168 Overview 22.214.171.124 Products/ End-User 126.96.36.199 Strategy 188.8.131.52 Key Developments 9.3.14 Daewon GSI 184.108.40.206 Overview 220.127.116.11 Products/ End-User 18.104.22.168 Strategy 22.214.171.124 Key Developments