Optical Sorter Market – Global Industry Analysis and Forecast (2017-2026)
Optical Sorter Market was valued at USD 1.58 Bn in 2017 and is expected to grow to USD 3.62 Bn by 2026, at a CAGR of 9.6% between 2017 and 2026
Optical Sorter Market 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.
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The major components of an optical sorter include sustenance organization, the optimal organization, image processing software arrangement and the disseverment system. Aliment system is employed to spread production into a uniform monolayer, consequently, merchandise domain building block bestowed to the optical system equipollently, without clumps, at a constant velocity. An optical system includes sensors and lights used to inspect the object to be sorted.
The incrementing need to reduce process and distribution time in the victuals industry and elevating labor costs, growing to fixate on automation to increment productivity in sundry industries, and stringent regime regulations regarding aliment safety are the major driving factors for magnification of Optical Sorter Market. However, higher operation and maintenance cost and high capital investments are restraining the magnification of optical sorter market
Further key findings from the report:
• Among the application segment, food industry held the largest share of optical sorter market in 2016. 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
• From geographical regions North America is expected to lead Optical Sorter Market, owing to factors such as incrementing ordinant dictation of optical sorter in the US victuals industry, the higher adoption rate of automated equipment in victuals industry and presence of stringent regulations for pabulum safety in North American countries
• The hyperspectral cameras and combined Optical Sorter Market is expected to grow at the highest CAGR between 2017 and 2026. Since his technology increases FM and/or EVM removal so it is expected to create opportunities in food and recycling applications in the coming years
• Camera-based optical sorters held a major share in the optical sorter market in 2016 and are further expected grow at a significant rate during the forecast period. More accuracy and ability to detect minute defects in products are the factors contributing to the growth of this market
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• Analyzes competitive developments such as contracts, joint ventures, mergers & acquisitions, collaborations, product launches & developments, and research and development (R&D) in the Optical Sorter Market.
• The objective of the report is to provide a detailed analysis of the Optical Sorter Market on the basis of type, platform, application, and geography
• Complete quantitative analysis of the industry from 2017 to 2026 to enable the stakeholders to capitalize on the prevailing market opportunities
• In-depth analysis of the industry on the basis of market segments, market dynamics, market size, competition & companies involved value chain
• Analysis of the Optical Sorter Market with respect to individual growth trends, prospects, and contribution to the total market
• Segment wise business performance detailed in the report will be worthwhile for the organizations willing to enhance its business
• Provides detailed information regarding the major factors influencing the growth of the Optical Sorter Market (drivers, restraints, opportunities, and challenges)
• This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business
Years that have been considered for the study are as follows:
• Base Year – 2016
• Estimated Year – 2017
• Forecast Period – 2017 to 2026
For company profiles, 2016 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 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
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 Optical Sorter Market:
Research 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.
Optical Sorter Market, By Product Type:
• Lasers
• NIR Sorters
• Cameras
• Hyperspectral Cameras and Combined Sorters
Optical Sorter Market, by Platform:
• Freefall
• Lane
• Belt
• Hybrid
Optical Sorter Market, By Application:
• Recycling
• Mining
• Food
Optical Sorter Market, By Geography:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
MAJOR TOC OF THE REPORT
Chapter One: Optical Sorter Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Optical Sorter Market Competition, by Players
Chapter Four: Global Optical Sorter Market Size by Regions
Chapter Five: North America Optical Sorter Revenue by Countries
Chapter Six: Europe Optical Sorter Revenue by Countries
Chapter Seven: Asia-Pacific Optical Sorter Revenue by Countries
Chapter Eight: South America Optical Sorter Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Optical Sorter by Countries
Chapter Ten: Global Optical Sorter Market Segment by Type
Chapter Eleven: Global Optical Sorter Market Segment by Application
Chapter Twelve: Global Optical Sorter Market Size Forecast (2019-2026)
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