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Optical Sorter Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

10-16-2023 08:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Optical Sorter Market Worldwide Industry Analysis, Future

The global optical sorter market is anticipated to grow at a significant CAGR of 9.7% during the forecast period. The optical sorter is an automated method that allows the user to sort solid objects utilizing cameras, lasers, sensors, and the image processing system's software-driven intelligence. Through its use of it, the color, size, shape, structural qualities, and chemical makeup are all recognized. A growing focus on automation to increase productivity in various industries, increasing adoption in the food industry for food processing activities and for reducing process and delivery time, increase in wages of the manual workforce in various countries, and stringent government regulations regarding food safety all are factors that are driving the market growth. All of these reasons are important in propelling the optical sorter market forward.

The optical sorter market has been impacted by the COVID-19 pandemic and its dissemination. From a geographical perspective, the COVID-19 pandemic has harmed countries with export-oriented economies by forcing the closure of manufacturing firms. The mining industry is the one that has been hit the worst. Mining and recycling infrastructure growth decreased in the first half of 2020 due to a slowdown in hardware supply and lower production capacity, which persisted in 2021 with delayed recovery. The COVID-19 pandemic had the least influence on the food business.  As food is considered a need, the increased demand for healthful and hygienic food during COVID-19 boosted the demand for optical sorters in the food business. TOMRA was able to generate solid financial results in 2020 despite the need for temporary closures of container collection locations in several markets and other business disruptions. Lockdowns and social distancing procedures had a negative influence on the food service industry during the COVID-19 outbreak. As a result, increasing home consumption has benefited the grocery industry and kept fresh food production on track for 2020. As the world recovered from the global pandemic in 2021, the corporation concentrated on the necessities during the COVID-19 recovery in Africa and Europe's food markets. Due to the gradual global recovery from COVID-19, Hefei Meyer Optoelectronic Technology's (China) sales performance in Europe and Africa is accelerating.

To Request a Sample of our Report on Optical Sorter Market:  https://www.omrglobal.com/request-sample/optical-sorter-market

Market Coverage

Market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Optical Sorter Market Report Segment

By Type

Cameras
Lasers
NIR Sorters
Hyperspectral Cameras & Combined Sorters

By Application

Food
Recycling
Mining

A full report of Optical Sorter Market available @ https://www.omrglobal.com/industry-reports/optical-sorter-market

Optical Sorter Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Italy
Spain
France
Rest of Europe

Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East & Africa

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/optical-sorter-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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