Optical sorters are conveyors used in sorting out solid objects with the help of cameras or lasers. It can be used in categorizing products as per their size, chemical composition, color, and shape. Market Research Future’s (MRFR) report on the optical sorter market unveils new technologies that assist in differentiating products and their categorization or classification. The report focuses on projections based on drivers, challenges, restraints, and opportunities during the forecast period (2020-2027) while assessing the impact of the COVID-19 pandemic.
Market Scope
The global Optical Sorter Industry size is estimated to reach USD 2 billion by 2023. It can exhibit a CAGR of 10% over the forecast period. The market is expected to thrive owing to use of sorting machines in the food industry. Focus on automation, need for reducing delivery and processing time, and stringent policies pertaining to food safety are other factors driving market demand significantly. Government legislations and policies enforced to prevent the probability of hazards and risks to human health may influence the market. Companies involved in food production are integrating these systems for efficient management of food quality. Environmental awareness of recovery of industrial waste for high productivity and environmental safety can favor the industry.
The COVID-19 pandemic has affected the production of optical sorters, with the market able to sustain itself by 2021. It can face a decline in demand during the period. However, focus on automation can propel the market to new heights. Benefits of optical sorting systems such as increased output, better food quality, and short delivery times can bode well for the market.
Opportunities in new detection technologies and new software for maximizing yields and driving revenues can bode well for the market. Development of intelligent machines that provide intelligence to processors regarding rejections can transform the optical sorter market.
But high capital investments and limited spending budgets of manufacturing companies can limit the market growth.
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Segmentation
The global Optical Sorter Industry is segmented into type, platform, application, and region. The type segment is sub-segmented into cameras, lasers, combined sorters, near-infrared sorting system, hyperspectral cameras, and others. The platform is sub-segmented into belt, freefall, lane, hybrid and others. The application segment is sub-segmented into food, mining, recycling and others. The market is spanned across regions including North America, Europe, Asia Pacific, and Rest of the World.
Regional Analysis
North America, Asia Pacific (APAC), Europe, and Rest-of-the-World (RoW) are major regions analyzed for measuring the growth of the global optical sorter market.
North America is expected to take the lead in the market owing to huge demand for food sorting machines in the region. Adoption of laser objection detection systems for increasing recycling operations can bode well for the optical sorter market in the region.
APAC can display a stupendous growth rate over the assessment period owing to demand in India, Japan, and China. Rapid growth of digitization and adoption of intelligent solutions can drive its adoption among large industries.
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Global Optical Sorter Market Key Players
The prominent players in the global optical sorter market Key Technology Inc. (U.S.), BINDER GmbH (Austria), SATAKE Group (U.S.), Allgaier Werke Group (Germany), Tomra Systems ASA (Norway), GREEFA (Netherlands), NEWTEC (Denmark), Bühler Group (Switzerland), Cimbria Heid GmbH (Denmark), National Recovery Technologies (U.S.), Sesotec GmbH (Germany), Pellenc ST (France), CP Manufacturing Inc. (U.S.), STEINERT Global (Germany), Raytec Vision S.p.A. (Italy), among others.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Industry News
The TOMRA 3A optical sorter was acquired by SCEA Hermant for sorting different vegetables in an orderly fashion. The sorter has belt width of 2.4 meters and possesses the highest capacity of sorting 2500 tons annually.
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