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Optical Sorter Market Share

Report ID: GMI2500
Published Date: Sep 2018
Report Format: PDF

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Optical Sorter Market Share

Key players operating in the market include

Allgaier Werke GmbH
Binder + Co AG
Buhler AG
A/S Cimbria
CP Manufacturing, Inc.
Greefa Italia GmbH
Key Technology, Inc.
National Recovery Technologies LLC
Newtec A/S
Pellenc ST
Raytec Vision SpA.
Satake Corporation
Sesotec GmbH
Steinert GmbH
Tomra Systems ASA

These companies are engaged in designing, manufacturing, and distribution of material recovery, and sorting solutions. They are offering these products and solutions for food, recycling, and mining industries.

Suppliers in the market are entering into long-term partnerships and contracts with several industrial players to offer advanced sorting solutions. Moreover, these players are developing innovative solutions to help the food manufacturers improve their productivity and quality.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of optical sorter was surpassed USD 1.5 billion in 2017.

The industry share of optical sorter is poised to grow at a CAGR of around 9% between 2018 and 2024.

The increasing need to recycle e-waste from developed countries will fuel the Europe market demand, with the need to recycle waste generated from computers, refrigerators and other electronic and electrical products that could contain certain hazardous chemicals or materials.

Middle East and Africa (MEA) market size will garner momentum through 2024 owing to increasing application of the technology across the mining sector to reduce mineral dilution, optimize mining process, remove contaminants and cut down transport costs.

Hybrid optical sorter segment will witness increased demand from the food processing sector as the technology can utilize reliable air separation technology and flap separation optimized for food safety to sort acceptable products, complying with high hygiene requirements in wet as well as dry food processes.

Optical sorter industry share is poised to record substantial growth from recycling applications for packaging and dispersing vast amount of materials, including solid waste, in busy recycle facilities by using technologies like image-processing and high-speed cameras to scan and sort the waste.