Home > Industrial Machinery > Industrial Equipment > Sorting Machines > Sensor Based Sorting Machines for Mining Market

Sensor Based Sorting Machines for Mining Market Analysis

  • Report ID: GMI7772
  • Published Date: Jan 2024
  • Report Format: PDF

Sensor Based Sorting Machines for Mining Market Analysis

Based on technology, the laser sorters segment dominated around USD 39.2 million revenue in 2023. Industries requiring durable and long-lasting labels, such as manufacturing and automotive, drive the demand for thermal transfer printing technology. Applications involving exposure to chemicals where labels need to be resistant to solvents and other harsh substances. Direct thermal printing is often preferred for cost-effective and short-term labeling needs. Detection of electrical conductivity variations in minerals. Electromagnetic sensors can identify minerals based on their electrical conductivity, providing an additional dimension for sorting various types of ores.

 

Sensor Based Sorting Machines For Mining Market Share, By Capacity, (2023)

Based on capacity, the mid capacity segment accounted for 45% of the sensor based sorting machines for mining market share in 2023. Growing demand for higher throughput to meet increased production targets. Mining companies seek sorting machines with higher capacities to process larger volumes of ore, contributing to overall production efficiency.

 

U.S. Sensor Based Sorting Machines For Mining Market, 2021 - 2032 (USD Million)

The U.S. sensor based sorting machines for mining market held over USD 27.9 million revenue in 2023. Mining companies in North America seek technologies that optimize resource utilization and enhance overall operational efficiency. Sensor-based sorting machines contribute to efficiency by selectively processing ore, reducing waste, and improving the recovery of valuable minerals. Compliance with strict environmental regulations in North America. Sorting technologies help mining operations minimize their environmental impact by reducing the amount of material sent for further processing and lowering energy consumption.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of Sensor based sorting machines for mining reached USD 112.1 million in 2023 and is set to expand at 4.8% CAGR between 2024 and 2032, with several mining companies seeking technologies to maximize the extraction of valuable minerals.

The mid capacity segment accounted for over 45% of the market share in 2023, owing to the growing demand for higher throughput to meet increased production targets.

U.S. market exceeded USD 27.9 million in revenue in 2023, driven by higher compliance with strict environmental regulations in the region.

Few of the prominent sensor based sorting machines for mining firms are Tomra Systems ASA, STEINERT GmbH, and Metso Outotec Corporation.

Sensor Based Sorting Machines for Mining Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 233
  • Countries covered: 20
  • Pages: 300
 Download Free Sample