The global optical sorters market size is expected to register a significant CAGR of around 10% during the forecast period and is estimated to reach around USD 4 billion by 2027. The increasing industrial automation and need to reduce the process and delivery time are some major factors driving the market growth. Furthermore, the stringent government regulation regarding food safety and the growing labor cost is further anticipated to boost the market over the forecast period. However, the high investment and high maintenance cost are some factors to restrain the market growth.
The report titled "Optical Sorters Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2021 – 2027" offers a holistic view of the Optical Sorters industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Optical Sorters market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
Optical Sorters Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.
The Optical Sorters Market Segmentation:
By Type:
- Camera
- Laser
- NIR Sorter
- Hyperspectral Camera & Combined Sorters
By Platform:
- Belt
- Freefall
- Lane
- Hybrid
By Application:
- Food
- Recycling
- Mining
By Region:
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
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List of Key companies:
- TOMRA Systems ASA
- Buhler Group
- Key Technology Inc.
- Binder+Co AG
- Satake Corporation
- Allgaier Werke GmbH
- Hefei Meyer Optoelectrionic Technology
- Daewon GSI CO., Ltd.
- Cimbria A/S
- Sesotec GmbH
Key Questions Answered by Optical Sorters Market Report
- Product popularity and adoption based on various country-level dynamics
- Regional presence and product development for leading market participants
- Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
- Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
- number of employees and market concentration, among others
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