Market Research Future (MRFR), in its latest “Optical Sorter Market” report, states different factors that can work in favor of the market and a retard its growth pace. The impact of key players of the market is elaborated in the report. MRFR analysis suggests that the global optical sorter market is expected to expand at 10% across the forecast period (2017 to 2023). The growing consumption due to the surging global population base is creating the need for automation across different industries. This is extensively adopted to improve productivity is contributing to gain traction for optical sorter in the industry. It is expected to cause a surge in the global optical sorter market 2020. By 2023, the optical sorter market is expected to be worth about 2 billion, reveals MRFR.
MRFR’s list of renowned optical sorter market players comprises-
BINDER GmbH (Austria), Key Technology Inc. (U.S.), TOMRA Systems ASA (Norway), SATAKE Group (U.S.), Allgaier Werke Group (Germany), Bühler Group (Switzerland), GREEFA (Netherlands), NEWTEC (Denmark), National Recovery Technologies (U.S.), Cimbria Heid GmbH (Denmark), Pellenc ST (France), Sesotec GmbH (Germany), STEINERT Global (Germany), Raytec Vision S.p.A. (Italy), CP Manufacturing Inc. (U.S.), and others. The report details major contributions of these companies and their impact on the global optical sorter market that can assist investors with reliable insights to make rational decisions. The impact of innovations and investments in R&D made by them are also discussed in the report.
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- Optical sorter companies
- Optical sorter providers
- 3D animation vendors
- 3D animation service providers
- Computer graphics developers
- System integrators and third-party vendors
- Government bodies
- Technology investors
- Research institutes and organizations
- Market research and consulting firms
On October 10, 2017: MSS Inc., the optical sorter division of the CP Group, has launched their new product the CIRRUS FiberMax. This product is integrated with next-generation fiber sorting technology which offers operating flexibility, sensing capability, and increased speed in sorting.
On July 12, 2017: Key Technology Inc. went into the expansion with VERYX to launch their new product– Digital sorters. A digital sorter is a small chute-fed sorter which is primarily used for removing foreign material and improving the sorting accuracy by providing accurate sorting as compared to manual labor. This sorter varies in capacity from less than one metric ton (2,220 lbs.) up to five metric tons (11,000 lbs.) of product per hour.
The global market of optical sorter is studied in segments that are based on platform, type, and application. These insights offer investors to spot growth scopes that market holds.
The type-based segments of the Optical Sorter Market are lasers, cameras, near-infrared sorting system, hyperspectral cameras, combined sorters, and others. Lasers are in high demand in the market. Their ability to scrutinize and accurately detect inorganic and organic foreign materials at waste recycling facilities is expected to impel the laser segment growth in the evaluation period. The cameras segment is likely to gain considerable traction in years to come.
The platform-based segments of the market are freefall, lane, hybrid, belt, and others. The availability of different type of platforms that distinguish optical sorters intended applications is adding to growth inducers of the global optical sorter market. The belt segment is expected to generate considerable revenue for the market due to increase adoption of belt sorting for different applications across industries.
The application-based segments of the market are recycling, food, mining, and others. The food and beverage industry is extensively deploying optical sorters. Numerous advantages offered by optical sorter in improving throughput is likely to underpin the global market growth.
The North America optical sorter market is expected to register a remarkable growth in the review period. In the US, the optical sorter market is likely to generate considerable revenue for the regional market. The disruptive force of technology is observed to impel the market. Modern optical sorter technologies offer customizable solutions, better sorting statistics, split configuration, and intuitive interface. Thus, such advantages are likely to increase traction for optical sorters across their end-users, which is expected to impel the regional market. The optical sorter Europe market is likely to be influenced by similar factors. In addition, the existence of renowned vendors in the region is likely to cause expansion of the EU market. The emerging optical sorter market in Asia Pacific is expected to gain momentum in the foreseeable future due to the growing demand for optical sorter in the food and beverage industry. The increased focus on digital solutions are expected to impel the APAC market growth.
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TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Platform
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Suppliers
4.1.3 Threat Of Substitutes
4.1.4 Bargaining Power Of Buyers
4.1.5 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Optical Sorter Market
5 Industry Overview Of Global Optical Sorter Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.2 Growth Trends
6.3 Impact Analysis
LIST OF TABLES
Table 1 Global Optical Sorter Market: By Region, 2017-2023
Table 2 North America Optical Sorter Market: By Country, 2017-2023
Table 3 Europe Optical Sorter Market: By Country, 2017-2023
Table 4 Asia Pacific Optical Sorter Market: By Country, 2017-2023
Table 5 The The Mddle East & Africa Optical Sorter Market: By Country, 2017-2023
Table 6 Latin America Optical Sorter Market: By Country, 2017-2023
Table 7 Global Optical Sorter By Type Market: By Regions, 2017-2023
Table 8 North America Optical Sorter By Type Market: By Country, 2017-2023
Table 9 Europe Optical Sorter By Type Market: By Country, 2017-2023
Table 10 Asia Pacific Optical Sorter By Type Market: By Country, 2017-2023
LIST OF FIGURES
FIGURE 1 Global Optical Sorter Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Optical Sorter Market
FIGURE 4 Value Chain Of Global Optical Sorter Market
FIGURE 5 Share Of Global Optical Sorter Market In 2017, By Country (In %)
FIGURE 6 Global Optical Sorter Market, 2017-2023,
FIGURE 7 Sub Segments Of Type
FIGURE 8 Global Optical Sorter Market Size By Platform , 2017
FIGURE 9 Share Of Global Optical Sorter Market By Type, 2017 TO 2023
FIGURE 10 Global Optical Sorter Market Size By Platform , 2017
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