Press release
Optical Sorter Market Shares SWOT Analysis, Key Development Strategies and Forecasts Till 2026
The Optical Sorter Market 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.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 Optical Sorter Market are TOMRA Sorting AS, Eagle Vision Inc, B-hler 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.
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.
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.
Competitive Landscape:
- 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.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Optical Sorter Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Optical Sorter Market (%),2016 - 2026
- Optical Sorter Market Share, By Brand
- Optical Sorter Market Share, By Company
- Optical Sorter Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Optical Sorter Market Value Analysis & Forecast
- Promising Optical Sorter Development by Major Companies
- Detailed Optical Sorter Portfolio of the Major Companies
- Major Deals in the Optical Sorter Market
- Major Companies Analysis
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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