PUBLISHER: Polaris Market Research | PRODUCT CODE: 1108686
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1108686
The global optical sorter market size is expected to reach USD 5.42 billion by 2030, according to a new study by Polaris Market Research. The report "Optical Sorter Market, By Type (Cameras, Lasers, NIR, Hyperspectral cameras & Combined Sorters, Others); By Platform (Freefall, Belt, Lane, Hybrid); By Application (Food, Recycling, Mining) By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The various advantages offered by an optical sorter contribute to the market's growth. The benefits provided by the optical include enhanced productivity and lower labor expenses. Further, increased automation in sectors to boost productivity and a growing demand to shorten delivery and processing time in the food industry are the primary drivers for the global market.
The other key factors that boost the growth include the rising technological innovations and new product launches by the companies operating in the market. For instance, in March 2021, TOMRA introduced the ground-breaking TOMRA ACT new interface and the image processing pipeline, enabling improvements in the whole sorting process for improved efficiency and profitability. Through graphics, TOMRA ACT displays sorting information and real-time process data at a glance.
Food segment is anticipated to be the most significant revenue grosser. Optical sorters aid the food business in reducing the danger of contamination from any foreign material, hence improving food safety on the manufacturing line among food processors and manufacturers.
The increased desire to increase production capacity by reducing delivery and processing time is driving up demand in the food industry. Sensor-based can continuously detect and eliminate foreign material, undesirable rot, greening faults, blemishes, and damage. These technologies contribute to an increased usage in the food industry by helping to improve food quality and safety.
Market players such as Cimbria Heid GmbH, Buhler Group, CP Manufacturing Inc, Hefei Meyer Optoelectronic Technology Inc., GREEFA, Satake Corporation, Key Technology Inc. (Duravant Company), MSS, Inc. (CP Manufacturing, Inc.), National Recovery, NEWTEC, Raytec Vision S.p.A., Pellence ST, STEINERT Global, Sesotec GmbH, and TOMRA Sorting ASA are some key players operating in the global optical industry.
For instance, in April 2021, the "VERYX BioPrint" was introduced by the Key Technology. It removes shells, glass, plastics, rocks, sticks, moisture-related defects, insects, mold, and more from walnuts, almonds, pistachios, cashews, and other nuts while color grading and shape are distributed to meet the standards of quality standards in sorting things.
Polaris Market Research has segmented the optical sorter market report based on type, platform, application, and region:
Optical Sorter, Type Outlook (Revenue - USD Billion, 2018 - 2030)
Cameras
Lasers
NIR (near-infrared)
Hyperspectral cameras & Combined Sorters
Other Types
Optical Sorter, Platform Outlook (Revenue - USD Billion, 2018 - 2030)
Freefall
Belt
Lane
Hybrid
Optical Sorter, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Food
Recycling
Mining
Optical Sorter, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S.
Canada
Europe
France
Germany
UK
Italy
Netherlands
Spain
Russia
Asia Pacific
China
India
Japan
Malaysia
South Korea
Indonesia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
List of Tables
Figure 1. Global Optical Sorter Market, 2018 - 2030 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Approach
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Platform
Figure 7. Global Optical Sorter Market, by Platform, 2021 & 2030 (USD Billion)
Figure 8. Market by Type
Figure 9. Global Optical Sorter Market, by Type, 2021 & 2030 (USD Billion)
Figure 10. Market by Application
Figure 11. Global Optical Sorter Market, by Application, 2021 & 2030 (USD Billion)
Figure 12. Optical Sorter Market Assessment, By Geography, 2018 - 2030 (USD Billion)
Figure 13. Strategic Analysis - Optical Sorter Market