New York, NY, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Polaris Market Research has published a new research report titled “Optical Sorter Market, By Type (Cameras, Lasers, NIR, Hyperspectral cameras & Combined Sorters, Others); By Platform (Freefall, Belt, Lane, Hybrid); By Application (Food, Recycling, Mining) By Region; Segment Forecast, 2022 - 2030” in its research database.
According to the research report, the global optical sorter market size & share was valued at USD 2.40 Billion in 2021 and is expected to reach USD 5.42 Billion By 2030, growing at a CAGR of 10.0% during the forecast period.
What is Optical Sorter? How Big is Optical Sorter Market Size & Share?
- Overview
An optical sorter is a device that automatically sorts objects based on visual criteria. Optical sorters are often found in manufacturing and food processing facilities. The rapidly rising demand for the optical sorter market can be attributed to the fact that it finds blemishes in products and removes unsatisfactory items from the manufacturing process. These flaws may be merely superficial, or they might indicate that the product is defective or unsafe.
There is a rising demand for products from food packers, cultivators, and food processing units for optimum sorting systems of items by minimizing wastage. It also reduces the process and delivery time required for sorting food items. They are used for discovering flaws and distinguishing between different types. These sorters use reflected light with specified wavelengths to emphasize the distinction between rejected and accepted products.
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- 2032 Updated Report Introduction, Overview, and In-depth industry analysis.
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- 2023 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures.
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis.
Key data covered in the market report
- This study presents the analytical depiction of the market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities, along with a detailed analysis of the market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
- The report provides a detailed market analysis based on competitive intensity and how the competition will take shape in the coming years.
Some of the Top Market Players Are:
- Buhler Group
- Cimbria Heid GmbH
- CP Manufacturing Inc
- GREEFA
- Hefei Meyer Optoelectronic Technology Inc.
- Key Technology Inc. (Duravant Company)
- MSS Inc.
- CP Manufacturing Inc.
- National Recovery
- NEWTEC
- Pellence ST
- Raytec Vision S.p.A.
- Satake Corporation
- Sesotec GmbH
- STEINERT Global
- TOMRA Sorting ASA
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Key factors driving market growth
- Increasing efficiency by using automation to push the market
In the modern era, the trend of automation is rapidly increasing. The optical sorter market size is expanding due to companies enhancing their performance by eliminating errors and increasing efficiency by using automation. Several sectors are focusing on automation to speed up operations along with maintaining the quality of the final products. Growing automation is the main optical sorter target industries such as recycling, food, and mining which is a favorable indicator for the growth of the market.
Optical sorters may now improve product quality, increase yield, and better understand parts of processing processes due to recent improvements in sensing technologies and intelligent software. Optical sorter market sales are soaring as new software is focusing on user-friendly systems that provide processors the ability to set rejection requirements. Advanced statistics as well as data analysis tools are widely available for monitoring optical sorter performance parameters.
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Recent trends influencing the market
Wide usage in processing harvested goods to drive the market
- Pharmaceutical production, tobacco processing, nutraceutical production, mining, garbage recycling, and other industries use optical sorting technology. These methods continue to be widely used in processing harvested goods such as potatoes, fruits, vegetables, and nuts. They offer non-destructive inspection which is advantageous in these end-user sectors where maintaining good quality is crucial.
- Another critical factor fuelling market demand is the increased desire to reduce delivery and processing times. Optical sorting helps enhance product quality, maximize throughput, and increase yields lowering labor costs compared to human sorting, which is arbitrary and unpredictable.
Segmentation assessment
- The food segment is anticipated to be the most significant revenue grosser
Based on application, the food segment is anticipated to be the most significant revenue grosser. Optical sorter market demand is on the rise as it aids the food business in reducing the danger of contamination from any foreign material hence improving food safety on the manufacturing line among food processors and manufacturers. The escalating desire to increase production capacity by reducing delivery and processing time drives demand for optical sorters in the food market.
- Hyperspectral cameras and combined sorter segment is expected to dominate the market
Based on type, the hyperspectral cameras and combined sorter segment is expected to dominate the market. Optical sorter market trends include this technology improving the removal of foreign material and EVM extraneous vegetable matter, often with meager fall reject rates. Detection of rock minerals and detecting foreign substances in food processing are the most employed hyperspectral imaging technique.
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Optical Sorter Market: Report Scope
| Report Attribute | Details |
| Revenue forecast in 2030 | USD 5.42 Billion |
| Market size value in 2021 | USD 2.40 Billion |
| Expected CAGR Growth | 10.0% from 2022 - 2030 |
| Base Year | 2021 |
| Forecast Year | 2022 - 2030 |
| Top Market Players | Buhler Group, Cimbria Heid GmbH, CP Manufacturing Inc, GREEFA, Hefei Meyer Optoelectronic Technology Inc., Key Technology Inc. (Duravant Company), MSS, Inc. (CP Manufacturing, Inc.), National Recovery, NEWTEC, Pellence ST, Raytec Vision S.p.A., Satake Corporation, Sesotec GmbH, STEINERT Global, and TOMRA Sorting ASA. |
| Segments Covered | By Platform, By Type, By Application, By Region |
| Customization Options | Customized purchase options are available to meet any research needs. Explore customized purchase options |
Geographic Overview
- Optical sorting solutions developed by companies in the region to propel the North American market
North America held the largest optical sorter market share due to optical sorting solutions developed by North American companies such as Key Technologies, Machinex, National Recovery Technology, and CP Global driving the market. Companies in the region are focusing on adapting new-age technologies in optical sorters, hyperspectral cameras, and metal detectors.
Browse the Detail Report “Optical Sorter Market, By Type (Cameras, Lasers, NIR, Hyperspectral cameras & Combined Sorters, Others); By Platform (Freefall, Belt, Lane, Hybrid); By Application (Food, Recycling, Mining) By Region; Segment Forecast, 2022 - 2030” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/optical-sorter-market
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Recent Developments
- In June 2021, Satake announced the launch of its latest and largest optical sorter in size and capacity: the "NIRAMI series." NIRAMI is built with an open frame that enables easy cleaning and maintenance while preventing cross-contamination. Its huge LED operating indication helps operators quickly assess the machine's status.
Frequently Asked Questions
- Who are the crucial companies operating the market?
- What are the major industry norms influencing the development of the industry?
- Which is the most propelling country in the industry?
- Which application or product type will obtain progressive development possibilities during the forecast period?
- What is the expected growth rate of the market during the foreseen period?
Polaris Market Research has segmented the optical sorter market report based on type, platform, application, and region:
By Type Outlook
- Cameras
- Lasers
- NIR (near-infrared)
- Hyperspectral cameras & Combined Sorters
- Others
By Platform Outlook
- Freefall
- Belt
- Lane
- Hybrid
By Application Outlook
- Food
- Recycling
- Mining
By Region Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Netherlands, Russia, Spain)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia. Australia)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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