Optical Sorter Market By Top Leading Players: Binder + Co AG, Buhler Industries Inc., CIMBRIA, CP Manufacturing, Inc., GREEFA, Key Technology, Inc., Pellenc ST, Raytec Vision S.p.A., Satake USA, Sesotec, STEINERT GmbH, TOMRA Systems ASA
China and Japan are experiencing a high adoption of these advanced sorting solutions owing to the faster technological adoption and rising industrial sector. Industries are deploying fully-automated sorting technologies for carrying out the business operations and processes. These factors are providing several growth opportunities to the optical sorter market growth.
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Global Optical Sorter Market size is expected to exceed USD 3 billion by 2024. Rising improvements in the field of detection technologies will drive the industrial demand. Automated sorting solutions are experiencing a high adoption in several sectors. These optical sorters allow the companies to detect the quality of the products with maximum accuracy and reliability. They help in separating different grades of materials from the waste stream using several sensing methods. The sensing technologies that are widely used in the optical sorter market include inductive metal detectors, high-resolution color cameras, and X-ray fluorescence. These technologies detect the molecular structure and identify the defects present in the products thereby rejecting it from the slot.
Optical sorters are replacing manual sorting processes in the food industry owing to the rising labor costs, shortage in the labor force, and an increased demand from consumers who want high-quality systems. The rising labor costs are compelling several industries to implement these systems to perform critical and time-consuming tasks. The food industry is increasing its focus on implementing automation for increasing the productivity.
From receiving raw products to inspecting the finished products, these systems are being implemented into the production lines to help in inspecting the production volumes. Moreover, these systems help in detecting and removing foreign material & defective products and help in achieving enhanced product quality and reduced operational costs, thereby driving the optical sorter market demand.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Binder + Co AG
2. Buhler Industries Inc.
4. CP Manufacturing, Inc.
6. Key Technology, Inc.
7. Pellenc ST
8. Raytec Vision S.p.A.
9. Satake USA
11. STEINERT GmbH
12. TOMRA Systems ASA
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Optical Sorter Market, By Product
o NIR sorters
o Hyperspectral cameras
Optical Sorter Market, By Platform
Applications of these machines in waste recycling are expected to drive the optical sorter market. The recycling operations allow the industries to recover the materials and resources that are used in their production. Waste recycling technique involves the collection, separation, and processing operations. Several government authorities are spreading awareness about the waste recycling process thereby driving the optical sorter market growth. For instance, the U.S. GSA (General Services Administration) works with the regulatory bodies for promoting the waste reduction and recycling operations in the country.
The Asia Pacific optical sorter market is expected to witness a high growth owing to the rising demand for the separators in the mining industry. Manufacturers are providing advanced hyperspectral imaging technology that is a highly efficient solution for the detection of the quality of the minerals. Such technologies are helping the companies in reducing the time and efforts spent by the workers in separating the minerals from their ore deposits.
In MEA, the optical sorter market is gaining traction owing to the growing adoption of these systems in the mining industry. In the mining industry, these systems help in detecting & sensing the molecular composition of the materials & minerals such as gold, platinum, tanzanite, gemstones, and others. The systems allow the major mining companies to reduce mineral dilution, lower transport costs & strip ratios, optimize process flows, and remove containments, thereby driving the implementation of these systems and positively impacting the optical sorter market growth.
Browse key industry insights spread across 213 pages with 246 market data tables & 24 figures & charts from the report, “Optical Sorter Market Size By Product (Lasers, Cameras, NIR Sorters, Hyperspectral Cameras), By Platform (Belt, Freefall, Lane, Hybrid), By Application (Recycling, Mining, Food), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Taiwan, Australia, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Growth Potential, Competitive Market Share & Forecast, 2018 - 2024” in detail along with the table of contents:
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