Optical Sorting Equipment Market Value Projected to Expand by 2018 to 2028

Market-Research

Optical Sorting Equipment Market: Introduction

Optical Sorting is automated technique to sort products using various optical sensors such as lasers, cameras and Hyperspectral imaging. In this technique the physical appearance or chemical composition (depending on the type of sensors) of the specified products is fed in the software of the equipment, and the equipment with the  help of sensors collects those information and matches them with the fed information, if it matches the equipment accepts it, and if it doesn't  match the criteria the equipment removes those foreign materials or defective products from the production line, the optical sorting equipment can also sort the different types and grades of materials. It is basically an image processing system that is done through software-driven intelligence and various types of sensors. Optical Sorting Equipment has numerous applications in various sectors such as food industry, waste recycling, pharmaceutical manufacturing, nutraceutical manufacturing and many others. Due to the equipment's high operational significance, it has found application in the mining industry as well.

Optical Sorting Equipment Market: Market Dynamics

The key drivers associated with the growth of the optical sorting equipment is the demand from its respective end-use industries. The growth witnessed in the food and beverage industry across various economies has placed a significant demand for optical sorters thereby driving the market on an upward scale. Pharmaceutical industry is tipped to be the major user of the optical sorting equipment

Some of the restraints associated with optical sorting equipment are the high setup and customization cost involved and availability of an alternate and more flexible conventional equipment. The requirement of skilled personnel owing to the instability of the equipment to feed the data in the software are some of the other drawbacks that can act as a restraint to the growth of the optical sorting equipment market over the forecast period.

Optical Sorting Equipment Market: Market Segmentation

  • Segmentation of Optical Sorting Equipment market can be done on the basis of end user Industry as follows:
    • Food processing
    • Mining and metallurgy
    • Pharmaceutical industry
    • Waste management
    • Other
  • Segmentation of Optical Sorting Equipment market can be done on the basis of sensors as follows:
    • Cameras
    • Lasers
    • Camera/laser combinations
    • Hyperspectral imaging
  • Segmentation of Optical Sorting Equipment market can be done on the basis of capacity as follows:
    • Low capacity (less than 6 metric tons of product per hour)
    • Medium capacity ( 6- 25 metric tons of product per hour)
    • High capacity (More than 25 metric tons of product per hour)
  • Segmentation of Optical Sorting Equipment market can be done on the basis of sorting platform as follows:
    • Channel sorters
    • Belt Sorters
    • Freefall and chute-fed sorters
    • Single-file inspection systems
    • Mechanical graders
    • ADR systems

Optical Sorting Equipment Market: Regional Outlook

The regional outlook for optical sorting equipment market is ought to move towards a positive growth. For instance, the market in the North American region is expected to show steady growth owing to growth witnessed in the food and beverage industry. China being manufacturing hub and global exporter it is expected to show a significant growth exporter of various products is expected to boost the market in the Asia Pacific region owing to the demand for such optical sorting equipment over the forecast period. The European region is also anticipated to foresee a high growth in the optical sorting equipment market in response to its increased demand in the mining industry that has fostered in the upper European region and in the Russian economy. Rest of the world is estimated to account for a relatively small share of the global Optical Sorting Equipment market.

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 Optical Sorting Equipment Market: Market Participants

Some of the examples of the market participants in the global Optical Sorting Equipment market, identified across the value chain are:

  • Buhler AG
  • Green Machine®, LLC
  • TOMRA GROUP
  • Eagle Vizion
  • EMS Turnkey Waste Recycling Solutions
  • CP Manufacturing Inc.
  • Allgaier Werke Gmbh
  • National Recovery Technologies
  • Satake corporation

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint