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Optical Sorter Market Disclosing Latest Advancements and Industry Outlook 2021 to 2025
The Optical Sorter Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The optical sorter market is expected to register a CAGR of 10% over the forecast period (2020 - 2025)
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Top Leading Companies of Global Optical Sorter Market are TOMRA Sorting AS, Eagle Vision Inc, BŸhler Holding AG, Key Technology Inc(A Duravant Company), MSS, Inc. (CP Manufacturing, Inc.), KEN Bratney Co, Hefei Meyer Optoelectronic Technology Inc., Machinex Industries Inc., Raytec Vision Spa, Cimbria A/S, Van Wamel BV, Satake Corp, National Recovery Technologies, LLC, Sesotec GmbH, and others.
Industry News and Updates:
- April 2019 - Sesotec Canada Ltd., a subsidiary of Sesotec GmbH, expanded to a new facility in Guelph Ontario. With the new facility including demo center for product testing and customer training, and improved support for North American customers.
Key Market Trends:
Food Industry is Expected to Gain Demand Momentum owing to Evolving Regulations
- The food processing industry is expected to exhibit the maximum application of the optical sorters. Optical sorting is an automated process of sorting various food commodities including agricultural seeds, grains, nuts, coffee, confectionery products, fruit, meat, and seafood, etc. Optical sorters help the food industry to significantly reduce the risk of contamination from any foreign material, increasing food safety on the production line, food processors, and manufacturers.
- The demand for optical sorters in the food industry is augmented by the growing need for increasing the production capacity by reducing delivery and process time considerably. Furthermore, governments of different regions are becoming increasingly concerned regarding food safety. For instance, The U.S. Food and Drug Administration (FDA) has recently issued revised food safety standards in October 2019, for state regulatory programs that oversee food facilities that manufacture, process, pack, or hold foods.
- sensor-based optical sorters have the ability to consistently detect and remove foreign material, unwanted rot, greening defects, blemishes, and damage. This ensures higher yields and a safer, higher quality final product going to consumers. These technologies help to improve food quality and food safety, thus augmenting the adoption of optical sorters in the food industry. The sorting machines also increase processing capacity and lower the labor costs involved by automating the whole food processing, while producing food of the highest quality and safety standards.
- However, the installation cost of the machine is quite high which can act as a constraint to the adoption of optical sorters in the food industry. Also, the operation and maintenance costs involved are high and can increase the cost of the final product.
North America is Expected to Hold the Largest Share
- The region is home to some of the major players in the telecom industry such as National Recovery Technologies, Llc, Cimbria A/S and many more which are continuously investing in the building up and advancing their infrastructure to keep pace with the technological advancements and the stringent regulations. This is expected to boost the adoption of optical sorters over the forecast period.
- In April 2019, TOMRA Launched INNOSORT FLAKE sensor-based solution that combines color and material sorting, reliably removing PVC, metals and opaque flakes. It is an all-in-one sorting solution for plastic recovery facilities, which ensures constant and high-quality output as well as high throughput.
- Some of the prominent players in the region are entering into a partnership that has allowed them to not only develop the technology but also expand their footprint in the market. This would boost the market growth over the forecast period in the region.
- For instance, in February 2019, Machinex and Canada Fibers entered into a partnership that would result in two of the most technologically advanced single-stream facilities in North America. Canada Fibers Ltd. (CFL) in 2019 expects to complete building two single-stream recycling facilities that would include the most advanced, high-tech fiber and plastics sorting and recovery systems in Canada. While Machinex, currently in the process of manufacturing nearly 100% of the new system components that include seven optical sorters and a SamurAI artificially intelligent robot that will be installed in Winnipeg, as well as 10 new optical units for Peel.
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Highlights of the Optical Sorter Market Report:
– Detailed overview of Optical Sorter Market
– Changing the Optical Sorter market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current and projected Optical Sorter market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Optical Sorter Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2015 to 2021 and forecasts until 2025 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Optical Sorter Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Optical Sorter industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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