According to the new
market research report "Optical
Sorter Market with COVID-19 Impact, by Type (Cameras, Lasers, NIR Sorters,
Hyperspectral Cameras & Combined Sorters), Platform (Belt, Freefall, Lane,
Hybrid), Application (Food, Recycling, and Mining), and Geography - Global
Forecast to 2025", the optical sorter market is valued at USD 2.0 billion in 2020
and is expected to reach USD 3.3 billion by 2025; it is expected to grow at a
CAGR of 10.2% from 2020 to 2025. A few key factors driving the growth of this
market are growing focus on automation to increase productivity, increasing
need to reduce process and delivery time in the food industry, rising labor
costs, and emerging stringent government regulations regarding food safety.
Cameras are
expected to hold largest share of optical market during forecast period.
Cameras are expected
to hold largest share of optical market during forecast period from 2020 to
2025. Camera-based optical sorters are more accurate and can detect minute
defects in products; therefore, these optical sorters are preferred in various
applications. Cameras are widely used in food sorting applications to sort
vegetables and fruits, dried fruits and nuts, and cereals, grains, and pulses.
Based on flexibility, monochromatic, bichromatic, and trichromatic cameras that
have the capability to detect minute infractions in products, both within and
outside of the visible light spectrum, are available in the market.
Food
application is expected to hold largest share of optical sorter market during
forecast period.
Food application is
expected to hold largest share of optical sorter market during forecast period
from 2020 to 2025. The growing adoption
of automated equipment in the food industry is a major driving factor for the
optical sorter market as optical sorters offer benefits such as improved food
safety, better food quality, shorter delivery cycles, and increased output.
Optical
sorter market in APAC to grow at highest CAGR during forecast period.
The optical sorter
market in APAC is expected to grow at the highest CAGR during the forecast
period. In APAC, industries are focusing on automation to increase productivity
and quality. Growing automation in the application areas of the market is also
expected to create demand for optical sorters in this region. Other concerns
supporting the adoption of automation in APAC countries include labor shortage
and increasing labor costs.
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TOMRA (Norway),
Buhler (Switzerland), Key Technology (US), Binder+Co (Austria), Satake
Corporation (Japan), Allgaier Werke (Germany), Hefei Meyer Optoelectrionic
Technology (China), TAIHO (China), Daewon GSI (South Korea), Cimbria (Denmark),
CP Global (US), GREEFA (Netherlands), National Recovery Technologies (US),
NEWTEC (Denmark), Pellenc ST (France), Raytec Vision (Italy), Sesotec
(Germany), and STEINERT (Germany) few major players in the optical sorter
market.
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