Optical Sorter Market 2017 Segmentation with Key Players, Growth Rate and Forecast 2025

"The Latest Research Report Optical Sorter Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2015 to 2025 along with the growth rate (CAGR) from 2017 to 2025, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.

Optical sorter involves a set of automated dedicated systems that focus on automating the process of sorting solid products, using cameras or laser beams. The optical sorter is used to sort various food commodities such as agricultural seeds, coffee, confectionery, fruit, grains nut, meat and seafood; recycling material such as plastic, organic waste, metal, paper; mining material such as industrial minerals and precious metals. The various advantages of an optical sorter include increase in productivity, producing high quality commodities, and reduction of labor costs. The various components of an optical sorter include feed system, optical system, image processing unit, and separation system unit. The feed system is typically utilized to feed the high speed conveyor belt in order to spread the material into a single layer. The material is accelerated and scanned by various cameras or sensors to detect the material. As the material passes under the light, some of the light is absorbed by the materials that are placed on the belt, while other light waves are reflected. These reflected light waves are recorded by a series of camera lenses pointed at the conveyor belt. Each material reflects a unique light wave that is read by the spectrometer, and it is used to identify different types of materials. Once the material is identified, the material is ejected either by upward ejection or downward ejection. Optical sorting can be employed to identify and separate diverse materials including wood, plastics, and glass. Presently, various vendors are making continuous enhancements with lenses and cameras, and building systems that are quicker and better at picking and recovering materials.

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The main drivers for the global optical sorter market include increasing automation in industries in order to increase productivity and growing need to reduce delivery and process time in the food industry. Furthermore, stringent government regulations and policies regarding food security and increasing labor costs involved with it are boosting the market significantly. However, high capital investment and consistently rising operations and maintenance costs are major restraints of the global optical sorter market.

The global optical sorter market can be segmented based on product type, platform type, application, and region. In terms of product type, the global optical sorter market can be classified into cameras, lasers, NIR sorters, hyperspectral cameras, and combined sorters. Based on platform segment, the global optical sorter market can be segregated into belt, freefall, lane, hybrid, and others. In terms of application, the global optical sorter market can be divided into food, pharmaceuticals, tobacco processing, waste recycling, and others. In terms of region, the global optical sorter market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Expansion of the food industry has led to productivity, economic, efficiency, and environmental pressures due to the rising demand leading food supply complex and multifaceted. This is helping in boost the demand of optical sorter market in the food industry. Moreover, stringent regulations for food safety in North America has prompted various food companies to comply with these standards that can be achieved through automation.

Major players operating in the global optical sorter market include TOMRA, CP Manufacturing, Binder, Satake, NEWTEC, Buhler Key Technology, Pellenc ST, Allgaier Werke, Cimbria, GREEFA, Raytec Vision, National Recovery Technologies, Sesotec, and STEINERT. These companies are investing significantly in R&D in order to incorporate new technologies in their systems and develop new products to increase their market share in the global optical sorter market.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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