Optical Sorter Market to surpass USD 3 billion by 2024

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Optical Sorter Market By Product, Platform,
Application and Region-Forecasts, 2024 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Optical Sorter Market

• Global Optical Sorter Market valued at over USD
  1.5 billion in 2017 and to surpass USD 3 billion
  by 2024, according to a new research report by
  Global Market Insights, Inc. The rising focus on
  automation to increase the productivity will
  provide an impetus to the optical sorter market.
  Automation in several industrial sectors has led
  to the development of centralized waste
  management solutions for the effective management
  of the waste, thereby driving the industry
  growth. They implement image-processing software
  and high-speed cameras to quickly scan and sort
  waste materials.
• There is a high demand for environmental
  resources with more countries becoming industrial
  economies and a rise in the population growth.
  The technology is extremely important for solid
  wastes as well as in the recycling industry as
  they help in segregating several materials.
  Moreover, the recycling plants can package and
  disperse a high amount of materials by
  implementing the technology in busy facilities,
  thereby driving the optical sorter market demand.

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Continued...

• Optical sorters are replacing manual sorting
  processes in the food industry owing to the
  rising labor costs, shortage in the labor force,
  and an increased demand from consumers who want
  high-quality systems. The rising labor costs are
  compelling several industries to implement these
  systems to perform critical and time-consuming
  tasks. The food industry is increasing its focus
  on implementing automation for increasing the
  productivity.
• From receiving raw products to inspecting the
  finished products, these systems are being
  implemented into the production lines to help in
  inspecting the production volumes. Moreover,
  these systems help in detecting and removing
  foreign material defective products and help in
  achieving enhanced product quality and reduced
  operational costs, thereby driving the optical
  sorter market demand.

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Germany optical sorter market, by application,
2017 2024 (USD Million)

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Sorter Market _at_ https//bit.ly/2FSIc2X
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Continued...

• Strict government regulations regarding food
  safety is a major factor driving the optical
  sorter market growth. The Food and Drug
  Administration (FDA) has set certain laws for
  ensuring the quality of food. These need to be
  very strictly observed to avoid inquiries from
  the FDA. Several businesses and companies are
  adopting innovative sorting machinery to meet the
  quality of their products. In addition, the
  Europe optical sorter market will witness a high
  growth of over 9 CAGR over the forecast time
  span owing to the rapid generation of e-waste.
• In the region, electronic electrical waste is
  the highest growing waste. Recycling of these
  waste products has become crucial as it consists
  of several hazardous materials. For instance,
  recently in the UK, ANDRITZ MeWa, a plant builder
  in Germany, has built a WEEE plant that has
  implemented Sesotec optical sorters for waste
  management. The plant has been designed to
  process electronic electric waste, recycled
  refrigerators, computers, and others.

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Continued...

• In the optical sorter market, hybrid sorters are
  witnessing a high demand from the food industry.
  These are powerful sorters that use a combination
  of proven air separation technology and food
  safety optimized flap separation that sort
  acceptable products. The companies are developing
  these platforms owing to the growing demand for
  high hygiene standards to be used in wet or dry
  food processes.
• China and Japan are experiencing a high adoption
  of these advanced sorting solutions owing to the
  faster technological adoption and rising
  industrial sector. Industries are deploying
  fully-automated sorting technologies for carrying
  out the business operations and processes. These
  factors are providing several growth
  opportunities to the optical sorter market growth.

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Industry Coverage

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Continued...

• Some key players in the optical sorter market
  include Tomra Systems ASA, Steinert GmbH, Sesotec
  GmbH, Satake Corporation, Raytec Vision SpA,
  Pellenc ST, Newtec A/S, National Recovery
  Technologies LLC, Key Technology, Inc., Greefa
  Italia GmbH, CP Manufacturing, Inc., Buhler AG,
  Binder Co AG, Allgaier Werke GmbH, A/S Cimbria,
  and others.

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Table OF Content
Chapter 1 Methodology Scope 1.1
Methodology 1.1.1 Initial data
exploration 1.1.2 Statistical model and
forecast 1.1.3 Industry insights and
validation 1.1.4 Definition and forecast
parameters 1.1.4.1 Definitions 1.1.4.2
Methodology and forecast parameters 1.2 Data
Sources 1.2.1 Secondary 1.2.2
Primary Chapter 2 Executive Summary 2.1
Optical sorter industry 3600 synopsis, 2013 -
2024 2.1.1 Business trends 2.1.2 Regional
trends 2.1.3 Product trends 2.1.4 Platform
trends 2.1.5 Application trends
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