The global optical
sorter market is foreseen to grow by 9.6%, from USD 2.24 Billion in 2021 to USD
4.66 Billion in 2029. Growing focus on automation for increasing productivity
in various industries, increasing adoption in the food industry for food
processing activities and for reducing process and delivery time, increase in
wages of the manual workforce in various countries, stringent government
regulations regarding food safety are some of the factors driving the market
for the estimated forecast period. However, requirement of high initial capital
investment for implementation of sorting machines, detection errors in optical
sorting machines are seen to hamper the market growth for the estimated period.
Market Definition
What is Optical sorter?
Optical sorters
utilize reflected light to analyze products that have been singulated and
presented to the viewing area. This singulation can be achieved utilizing
low-friction inclined chutes or conveyor belts.
Market Overview
The
optical sorter market search study helps to thoroughly understand the
current trend in the market competitive analysis of the players in the emerging
market. Moreover, the DRO in the Optical sorter market offers valuable
perspicuity and a current scenario for making the right decision. The research
study covers the eminent players in the market with a detailed analysis of the
company and a financial overview containing their net sales, business mix and
geographical reach It mainly focuses on the key developments of the
products/services offered by the company in recent years. Besides, we at Zettabyte
have the expertise to analyses the global Optical sorter market player's
competitive landscape helping the client comprehend their specific strategic
growth approaches.
Optical sorter
Market study by "Zettabyte Analytics" offers details about the market
scope, market segmentation, technological advancement in the Optical sorter
market and highlights the optimistic, competitive landscape and trends enduring
over the years.
Major players in
the optical sorter market include Tomra Systems ASA,
Allgaier Werke, Angelon, AWETA, Binder+Co, Bühler, Cimbria, CP Global, Daewon
GSI, Elica ASM s.r.l., Greefa Italia GmbH,, Hefei Meyer Optoelectronic
Technology, Hefei Taihe Intelligent Technology Group, Key Technology, Machinex,
MAF RODA AGROBOTIC, National Recovery Technologies, NEWTEC, Pellenc ST, Raytec
Vision, REDWAVE, Satake, Sesotec, STEINERT, Techik Instrument, Unitec.
COVID-19 Impact on Global Optical
sorter Market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. The impact of COVID-19 on the Optical sorter Market
has forced the companies to change their sourcing, pricing, and promotion
strategies. The Optical sorter market players are seen focusing more on
optimizing the E-commerce networks with the rising innovations in the digital
sector, which are creating new business models for the Semiconductor &
Electronics industry player.
Research Scope
The report
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). The market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
Key industry
dynamics, regulatory scenarios, major material dynamics and Optical sorter
Market future markets are analyzed to understand their impact on demand for the
forecast period. Growth rates have been estimated using correlation, regression
and time-series analysis.
Market Segmentation
For the purpose
of this report, the global optical sorter market segmented on the basis of type,
Platform, form, application, and region:
|
Type
|
|
Cameras
|
|
NIR
|
|
Lasers
|
|
Hyperspectral Cameras
|
|
Combined Sorters
|
|
Other types
|
|
|
|
Platform
|
|
Freefall
|
|
Belt
|
|
Lane
|
|
Hybrid
|
|
|
|
Application
|
|
Food
|
|
Recycling
|
|
Mining
|
Type Outlook:
On the basis of
type, the market is segmented into cameras, NIR, lasers, hyperspectral cameras,
combined sorters, other types.
Figure 1 Type Outlook (Revenue, USD Million,
2021)