Sensor Based Sorting Machines for Mining Market Share

Sensor Based Sorting Machines for Mining Market Share

The global market is slightly consolidated owing to the presence of few revenue players. Major companies operating in the market are Tomra, STEINERT, Metso, accounting over 50% revenue share in the year 2023. The major companies are focusing on mergers & acquisitions, facility expansion, and strategic partnerships to expand their product offerings, customer reach, and enhance market presence. Companies are also focusing on acquisition strategy.
 

Government support to boost the adoption of low GWP refrigerant and the geographical expansion of key players are anticipated to intensify the market competition over the forecast timeframe. An acquisition strategy enables a company to enter new markets and product lines instantaneously with a recognized brand having a good reputation and an existing client base. An acquisition can overcome market entry barriers that were previously challenging.
 

Sensor Based Sorting Machines for Mining Market Companies

Major companies operating in the sensor based sorting machines for mining industry include:

• Tomra Systems ASA
• STEINERT GmbH
• Metso Outotec Corporation