Optical Sorter Market analysis by knowledge sourcing intelligence

Market-Research
Optical Sorter Market

The optical sorter market is projected to grow at a CAGR of 11.25% to reach US$3.014 billion by 2023, from US$1.590 billion in 2017. Optical sorter involves a set of automated dedicated systems that focus on automating the process of sorting solid products, using cameras or laser beams. The optical sorter is used to sort various food commodities such as agricultural seeds, coffee, confectionery, fruit, grains nut, meat, and seafood; recycling material such as plastic, organic waste, metal, paper; mining material such as industrial minerals and precious metals.

The growing focus on increasing the recyclability of waste is significantly driving the optical sorter market. Simultaneously, the growing investment in the mining industry is further supplementing the growth of the market during the forecast period.

The optical sorter market has been analyzed through the following segments are By Product, By Platform, By Industry Vertical, And By Geography.