PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1337614
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1337614
Optical Sorter Market Size and Share Analysis by Type, Platform, Application - Global Industry Demand Forecast to 2030
The optical sorter market generated a value of USD 2,542.1 million in 2022, and it will touch USD 5,325.9 million, advancing at a 9.7% compound annual growth rate, by 2030.
The growth of the optical sorter industry is ascribed to factors such as, the strict government regulations concerning food safety, the increasing emphasis on automation in numerous industries to enhance productivity, and the mounting usage of sorters in the mining, food, pharmaceutical, and recycling industries.
With rapid technological advancements, optical sorters have become integral to achieving substantial economic benefits. These machines play an important role in ensuring food safety and elevating health standards by eliminating the potential diseases associated with recycled materials or manual sorting of waste.
Moreover, numerous industries have experienced the advantages of technological advancements in optical sorters, as they are applied to identify and separate different items.
In 2022, the food category, based on application, accounted for the largest revenue share in the optical sorter industry, of 40%. This is credited to the fact that the food industry is the backbone of numerous economies and plays an important role in day-to-day life.
A key use area of optical sorters in the food industry is the evaluation of fruits, vegetables, grains, processed foods, and dry fruits. In addition, modern sorters have the ability to assess insect infestation and toxins in fruits, vegetables, and grains.
Furthermore, optical sorters are also used increasingly in the processes of recycling. For example, in the process of plastic recycling units, it is used to identify plastics in general, as well as to separate plastics into different categories based on their shape, composition, and color.
In 2022, the camera category accounted for the largest optical sorter market revenue share, of 45%, based on type. This is primarily because of the existence of a 360° camera view, which offers easy and effective ongoing processes inspection.
In 2022, the belt category, based on platform, accounted for the largest revenue share of the industry. This is mainly attributed to the fact that belt platforms are primarily ideal for applications of higher-capacity, for instance, vegetable products before canning, drying, or freezing.
In 2022, the North American optical sorter industry accounted for the largest revenue share, of 35%. This is mainly because of the growing number of recycling, mining, and food processing activities in the region.
It is because of the growing usage of sorters in the food industry, strict regulations of government concerning food safety, and increasing emphasis on automation in several industries to enhance productivity, the global optical sorter industry will continue to advance in the years to come.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by platform
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Voice of Industry Experts/KOLs
Chapter 5. Market Indicators
Chapter 6. Industry Outlook
- 6.1. Market Dynamics
- 6.1.1. Trends
- 6.1.2. Drivers
- 6.1.3. Restraints/challenges
- 6.1.4. Impact analysis of drivers/restraints
- 6.2. Impact of COVID-19
- 6.3. Porter's Five Forces Analysis
- 6.3.1. Bargaining power of buyers
- 6.3.2. Bargaining power of suppliers
- 6.3.3. Threat of new entrants
- 6.3.4. Intensity of rivalry
- 6.3.5. Threat of substitutes
Chapter 7. Global Market
- 7.1. Overview
- 7.2. Market Revenue, by Type (2017-2030)
- 7.3. Market Revenue, by Platform (2017-2030)
- 7.4. Market Revenue, by Application (2017-2030)
- 7.5. Market Revenue, by Region (2017-2030)
Chapter 8. North America Market
- 8.1. Overview
- 8.2. Market Revenue, by Type (2017-2030)
- 8.3. Market Revenue, by Platform (2017-2030)
- 8.4. Market Revenue, by Application (2017-2030)
- 8.5. Market Revenue, by Country (2017-2030)
Chapter 9. Europe Market
- 9.1. Overview
- 9.2. Market Revenue, by Type (2017-2030)
- 9.3. Market Revenue, by Platform (2017-2030)
- 9.4. Market Revenue, by Application (2017-2030)
- 9.5. Market Revenue, by Country (2017-2030)
Chapter 10. APAC Market
- 10.1. Overview
- 10.2. Market Revenue, by Type (2017-2030)
- 10.3. Market Revenue, by Platform (2017-2030)
- 10.4. Market Revenue, by Application (2017-2030)
- 10.5. Market Revenue, by Country (2017-2030)
Chapter 11. LATAM Market
- 11.1. Overview
- 11.2. Market Revenue, by Type (2017-2030)
- 11.3. Market Revenue, by Platform (2017-2030)
- 11.4. Market Revenue, by Application (2017-2030)
- 11.5. Market Revenue, by Country (2017-2030)
Chapter 12. MEA Market
- 12.1. Overview
- 12.2. Market Revenue, by Type (2017-2030)
- 12.3. Market Revenue, by Platform (2017-2030)
- 12.4. Market Revenue, by Application (2017-2030)
- 12.5. Market Revenue, by Country (2017-2030)
Chapter 13. U.S. Market
- 13.1. Overview
- 13.2. Market Revenue, by Type (2017-2030)
- 13.3. Market Revenue, by Platform (2017-2030)
- 13.4. Market Revenue, by Application (2017-2030)
Chapter 14. Canada Market
- 14.1. Overview
- 14.2. Market Revenue, by Type (2017-2030)
- 14.3. Market Revenue, by Platform (2017-2030)
- 14.4. Market Revenue, by Application (2017-2030)
Chapter 15. Germany Market
- 15.1. Overview
- 15.2. Market Revenue, by Type (2017-2030)
- 15.3. Market Revenue, by Platform (2017-2030)
- 15.4. Market Revenue, by Application (2017-2030)
Chapter 16. France Market
- 16.1. Overview
- 16.2. Market Revenue, by Type (2017-2030)
- 16.3. Market Revenue, by Platform (2017-2030)
- 16.4. Market Revenue, by Application (2017-2030)
Chapter 17. U.K. Market
- 17.1. Overview
- 17.2. Market Revenue, by Type (2017-2030)
- 17.3. Market Revenue, by Platform (2017-2030)
- 17.4. Market Revenue, by Application (2017-2030)
Chapter 18. Italy Market
- 18.1. Overview
- 18.2. Market Revenue, by Type (2017-2030)
- 18.3. Market Revenue, by Platform (2017-2030)
- 18.4. Market Revenue, by Application (2017-2030)
Chapter 19. Spain Market
- 19.1. Overview
- 19.2. Market Revenue, by Type (2017-2030)
- 19.3. Market Revenue, by Platform (2017-2030)
- 19.4. Market Revenue, by Application (2017-2030)
Chapter 20. Japan Market
- 20.1. Overview
- 20.2. Market Revenue, by Type (2017-2030)
- 20.3. Market Revenue, by Platform (2017-2030)
- 20.4. Market Revenue, by Application (2017-2030)
Chapter 21. China Market
- 21.1. Overview
- 21.2. Market Revenue, by Type (2017-2030)
- 21.3. Market Revenue, by Platform (2017-2030)
- 21.4. Market Revenue, by Application (2017-2030)
Chapter 22. India Market
- 22.1. Overview
- 22.2. Market Revenue, by Type (2017-2030)
- 22.3. Market Revenue, by Platform (2017-2030)
- 22.4. Market Revenue, by Application (2017-2030)
Chapter 23. Australia Market
- 23.1. Overview
- 23.2. Market Revenue, by Type (2017-2030)
- 23.3. Market Revenue, by Platform (2017-2030)
- 23.4. Market Revenue, by Application (2017-2030)
Chapter 24. South Korea Market
- 24.1. Overview
- 24.2. Market Revenue, by Type (2017-2030)
- 24.3. Market Revenue, by Platform (2017-2030)
- 24.4. Market Revenue, by Application (2017-2030)
Chapter 25. Brazil Market
- 25.1. Overview
- 25.2. Market Revenue, by Type (2017-2030)
- 25.3. Market Revenue, by Platform (2017-2030)
- 25.4. Market Revenue, by Application (2017-2030)
Chapter 26. Mexico Market
- 26.1. Overview
- 26.2. Market Revenue, by Type (2017-2030)
- 26.3. Market Revenue, by Platform (2017-2030)
- 26.4. Market Revenue, by Application (2017-2030)
Chapter 27. Saudi Arabia Market
- 27.1. Overview
- 27.2. Market Revenue, by Type (2017-2030)
- 27.3. Market Revenue, by Platform (2017-2030)
- 27.4. Market Revenue, by Application (2017-2030)
Chapter 28. South Africa Market
- 28.1. Overview
- 28.2. Market Revenue, by Type (2017-2030)
- 28.3. Market Revenue, by Platform (2017-2030)
- 28.4. Market Revenue, by Application (2017-2030)
Chapter 29. U.A.E. Market
- 29.1. Overview
- 29.2. Market Revenue, by Type (2017-2030)
- 29.3. Market Revenue, by Platform (2017-2030)
- 29.4. Market Revenue, by Application (2017-2030)
Chapter 30. Competitive Landscape
- 30.1. List of Market Players and their Offerings
- 30.2. Competitive Benchmarking of Key Players
- 30.3. Product Benchmarking of Key Players
- 30.4. Recent Strategic Developments
Chapter 31. Company Profiles
- 31.1. TOMRA Systems ASA
- 31.1.1. Business overview
- 31.1.2. Product and service offerings
- 31.1.3. Key financial summary
- 31.2. Buhler Holding AG
- 31.2.1. Business overview
- 31.2.2. Product and service offerings
- 31.2.3. Key financial summary
- 31.3. Hefei Meyer Optoelectronic Technology Inc.
- 31.3.1. Business overview
- 31.3.2. Product and service offerings
- 31.3.3. Key financial summary
- 31.4. Satake Corporation
- 31.4.1. Business overview
- 31.4.2. Product and service offerings
- 31.5. Allgaier Werke GmbH
- 31.5.1. Business overview
- 31.5.2. Product and service offerings
- 31.6. Key Technology
- 31.6.1. Business overview
- 31.6.2. Product and service offerings
- 31.6.3. Key financial summary
- 31.7. STEINERT GmbH
- 31.7.1. Business overview
- 31.7.2. Product and service offerings
- 31.8. Aweta
- 31.8.1. Business overview
- 31.8.2. Product and service offerings
- 31.9. Pellenc ST
- 31.9.1. Business overview
- 31.9.2. Product and service offerings
- 31.10. Techik Instrument (Shanghai)Co. Ltd.
- 31.10.1. Business overview
- 31.10.2. Product and service offerings
- 31.11. Eagle Vizion
- 31.11.1. Business overview
- 31.11.2. Product and service offerings
- 31.12. MSS Inc.
- 31.12.1. Business overview
- 31.12.2. Product and service offerings
- 31.13. KEN Bratney Co.
- 31.13.1. Business overview
- 31.13.2. Product and service offerings
- 31.14. Machinex Indutries Inc.
- 31.14.1. Business overview
- 31.14.2. Product and service offerings
- 31.15. Sesotec GmbH
- 31.15.1. Business overview
- 31.15.2. Product and service offerings
Chapter 32. Appendix
- 32.1. Abbreviations
- 32.2. Sources and References
- 32.3. Related Reports
