Optical Sorter Market Analysis Report, Growth, Trend, and Forecast, 2018-2024

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Optical Sorter Market Innovation Trends and
Current Business Trends by 2024 Global Market
Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Optical Sorter Market

• The U.S. optical sorter market is expected to
  gain momentum due to a high demand for these
  machines in the food industry and stringent FDA
  regulations in the country. The food industries
  in the country have already adopted the
  automation technology and have the early mover
  advantage in the industry. Also, strict
  regulations for food safety in North American
  countries are the main reasons for the companies
  to adopt the technology.
• Europe optical sorter market is expected to gain
  momentum due to the rapidly generated electronic
  waste. Electrical and electronic scrap is the
  highest growing waste type in the region. The
  recycling of these materials has become vital, as
  this kind of waste consists of a wide range of
  materials. ANDRITZ MeWa, the German plant
  builder, has built a state-of-the-art WEEE plant
  that incorporates optical sorters in the UK for
  the waste management company. The plant processes
  recycled hi-fi systems, refrigerators, computers,
  and other electrical electronic waste.

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• Application Analysis of Optical Sorter Market
• Advancements in detection technologies are
  providing viable opportunities for optical sorter
  market growth. Infrared detectors are used in
  infrared imaging technology that operates at a
  low temperature. This technology helps in optical
  sorting and reduces the processing time
  eventually. This technology enables sorting of
  different products on the same conveyor belt.
• Major restraint in the optical sorter market is
  the high initial capital investment required to
  set up the machinery. For instance, mini color
  sorting machine by the Pugos Technologies costs
  around USD 8,500 per unit. It is very difficult
  for small companies to invest in the machinery.
  Furthermore, these systems require a high degree
  of maintenance and technical expertise for
  operation.
• Optical sorter market is characterized by lasers,
  cameras, NIR sorters, and hyperspectral camera.
  The hyperspectral camera-based optical sorter
  market is expected to grow significantly, due to
  the increased efficiency of length defect
  analysis and EVM FM removal. These are widely
  used to attain the desired efficiency with low
  false rejection rates. The high applicability of
  these products in the food industry is expected
  to create opportunities for the optical sorter
  market growth.

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Competitive Market Share of Optical Sorter
Market

• Some of the key players in the optical sorter
  market include TOMRA, CP Manufacturing, Buhler,
  GREEFA, Key Technology, NEWTEC, Binder, Satake,
  Pellenc ST, Allgaier Werke, Raytec Vision,
  Cimbria, Sesotec, and STEINERT. The companies are
  continuously investing in the RD for product
  innovations, particularly software developments.
  The companies are also entering into strategic
  partnerships with regional leaders to expand
  their presence.
• For instance, Sesotec GmbH and Pellenc ST have
  entered into a new partnership agreement to
  complement their individual market and product
  portfolios. This will allow the companies to
  distribute their plastics recycling equipment in
  Japan, the UK, France and metal scrap sorting
  equipment in Japan France.

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