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Sensor Based Sorting Machines for Mining Market Trends

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

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Sensor Based Sorting Machines for Mining Market Trends

Continuous advancements in sensor technologies, including improvements in sensitivity, resolution, and speed. Enhanced sensor capabilities contribute to improved sorting accuracy and efficiency, allowing for the identification of a broader range of minerals and finer particle sizes. Growing use of robotic sorting systems in conjunction with sensor-based technologies.

Robotic systems complement sensor-based sorting by providing automation in the physical sorting of materials, contributing to increased efficiency and reduced labor costs. Increasing emphasis on sustainable and environmentally friendly mining practices. Sensor-based sorting technologies play a role in sustainable mining by reducing the amount of waste material processed, minimizing energy consumption, and optimizing resource utilization.

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.