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Optical Sorter Market is expected to grow by a CAGR of 10 % by 2023 Global Leader BINDER, SATAKE, Allgaier Werke, TOMRA Systems, GREEFA, NEWTEC, Cimbria Heid and Sesotec

06-13-2018 01:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Optical Sorter Market is expected to grow by a CAGR of 10 % by 2023

The Global Optical Sorter Market is expected to reach USD ~ 2 billion at a CAGR of over 10% by the end of the forecast period 2018-2023. Global Optical Sorter Market Research Report Segment by Type (Near-Infrared Sorting System), Platform (Belt), Application (Food) by Forecast Till 2023

Optical Sorter Market Highlights

The global optical sorter market is growing rapidly. The factors which are driving the market growth of optical sorter is an advancement in technologies including detection technologies and intelligent software which is used for accuracy in the sorting of materials. Optical sorter technology is widely used for recycling applications of papers, plastics, e-scrape, metals, glass, organic waste and others. The optical sorter has a huge demand among consumers due to increasing global population and rising labor costs.

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By region, the global optical sorter market is analyzed across key geographies, namely North America, Europe, Asia Pacific, among others. In the North American region, the optical sorter is gaining demand due increasing use of cameras, lasers, near-infrared sorting, hyperspectral and others in mining applications of industrial minerals, precious metals, and others. The company, TOMRA Systems ASA, manufacture sensor based on sorting equipment for the recycling industry, has recently revealed their new product of next-generation Auto-Sort Flake. The Auto-Sort Flake is used for sortation of various kind of plastic flakes. This next generation is sorting flakes used for detecting of metals and separating it. It offers high-quality output with a higher degree of precision. The Auto-Sort Flake is combined with a field-proven mechanical setup that provides complete solution for upgrading plastics.

Optical Sorter Market Key Players:

Market Research Future (MRFR) recognizes the following companies as the key players in the global optical sorter market: Key Technology Inc. (U.S.), BINDER GmbH (Austria), SATAKE Group (U.S.), Allgaier Werke Group (Germany), Tomra Systems ASA (Norway), GREEFA (Netherlands), NEWTEC (Denmark), Bühler Group (Switzerland), Cimbria Heid GmbH (Denmark), National Recovery Technologies (U.S.), Sesotec GmbH (Germany), Pellenc ST (France), CP Manufacturing Inc. (U.S.), STEINERT Global (Germany), Raytec Vision S.p.A. (Italy), among others.

Optical Sorter Market Regional Analysis:

The regional analysis of optical sorter market is studied for regions such as Asia Pacific, North America, Europe, and Rest of the World. North America is the leading region across the world in terms of the highest market share. The optical sorter market in this region has a huge demand due to the increasing usage of food sorting machines in food industries, which is propelling the market growth to a large extent. The market for optical sorters in Europe is expected to witness rapid growth due to advancement in technology such as the digital sorting system which is widely used among companies. Whereas, Asia Pacific countries, such as China, Japan, and India, are the emerging markets for optical sorters, which are expected to grow with the highest CAGR in the coming years.

Segmentation of Optical Sorter Market:

The global optical sorter market is segmented into type, platform, application, and region. The type segment is sub-segmented as cameras, lasers, and combined sorters, near-infrared sorting system, hyperspectral cameras, and others. The platform is sub-segmented into the belt, free fall, lane, hybrid, and others. The application segment is sub-segmented into food, mining, recycling, and others. The market is spanned across regions including North America, Europe, Asia Pacific, and Rest of the World.

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Intended Audience:
• Optical sorter companies
• Optical sorter providers
• 3D animation vendors
• 3D animation service providers
• Computer graphics developers
• System integrators and third-party vendors
• Government bodies
• Technology investors
• Research institutes and organizations
• Market research and consulting firms
• End-users/enterprise-users

Table of Contents

1 Executive Summary

2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
Continue...

List of Tables
Table 1 Global Optical Sorter Market: By Region, 2017-2023
Table 2 North America Optical Sorter Market: By Country, 2017-2023
Table 3 Europe Optical Sorter Market: By Country, 2017-2023
Continue...

List of Figures
Figure 1 Global Optical Sorter Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global Optical Sorter Market
Continue...

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
Office No. 528, Amanora Chambers
Pune – 411028
Maharashtra, India
Phone: +91 841 198 5042
Mail: sales@marketresearchfuture.com

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