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.
Impact of
COVID-19 on optical sorter
The outbreak and the
spread of COVID-19 have affected the optical sorter market. A number of
industry experts are of the opinion that this pandemic will subside by the end
of the first quarter of FY2021. Considering the inputs from various industry
experts from different stages of the optical sorter value chain (which include
component manufacturers, OEMs, system integrators, end users, and distributors)
as well as after consulting the financial releases of different companies in
the optical sorter market ecosystem for the first, second and third quarters of
2020, it has been estimated that the size of the optical sorter market is
expected to witness a decline of 2% from 2019 to 2020.
The Optical
sorter market for belt platforms is expected to grow at the highest CAGR from
2020 to 2025.
The optical sorter
market for belt platforms is expected to grow at the highest CAGR from 2020 to
2025. Belt sorting equipment is widely used in various applications such as
food, recycling, and mining, as they provide higher sorting accuracy and a low
carryover ratio. Belt sorting equipment has high-performance capabilities for
fresh, frozen, and dried vegetables and fruits, processed potato products, and
nuts. This process minimizes the risk of food contamination further down the
line and leads to improved product quality
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, dichromatic, 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.
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Key Market Players
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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