The optical sorter market was valued at USD
1.46 billion in 2016 and is expected to reach USD 2.87 billion by 2023, at a
CAGR of 9.8% between 2017 and 2023. The optical sorter market has been
segmented into type, platform, application, and region. Growing focus on
automation to increase productivity in various industries and the increasing
need to reduce process and delivery time in the food industry are key factors
contributing to the growth of the optical sorter market during the forecast
period.
Optical
sorter market for belt platform to register the highest CAGR during the
forecast period
The
Freefall platform led the optical sorter market in 2016, but the belt platform
is expected to lead the optical sorter market during the forecast period.
Freefall sorter platforms are further segmented into the chute and
channel-based platforms. Freefall platform-based sorters inspect the products
in the air as they fall. Freefall sorters are widely used in food applications
for the sorting of dried fruits and nuts, frozen fruits and vegetables, potato
strips, and seafood. This type of platform requires low maintenance compared to
the other optical sorter platforms.
The
growth of the belt platforms market is attributed to its wide applications in
the food, recycling, and mining industries. The belt platform is more efficient
as it enables the sorter to better focus on objects to identify small foreign
materials and defects and improve the accuracy of the ejection system, both of
which help in maximizing the sorter’s yield and improve defect removal
performance.
Food
sorting application to record the highest CAGR in the optical sorter market
between 2017 and 2023
The growing demand for high-quality food
products with shorter delivery cycles and growing automation are major factors
driving growth in this application segment.
Recycling is the second-largest application
segment of the optical sorter market as governments of various countries are
focusing on recycling waste products, particularly in Europe. The rising rate
of global consumption, the high cost of manual sorting due to increasing labor
costs in emerging markets, and the demand for automated sorting systems are
factors that offer lucrative growth opportunities for the growth of the optical
sorter market in developing countries.
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North
America is expected to hold the largest share of the optical sorter market
during the forecast period
North America was one of the first key
regions to introduce automated equipment in the food industry, hence food
companies are more inclined and open to adopting automated equipment like
optical sorters to increase productivity and maximize yield. This is one of the
major driving factors for the growth of the North American optical sorter
market. Another important factor is the presence of stringent regulations for
food safety in North American countries. Food companies need to comply with
regulations and standards that are more achievable through automation.
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