Optical Sorter Market Size is Estimated to grow at a CAGR of 10.2% during the forecast period


Posted February 26, 2024 by Jameslin

A set of automated specialized systems focused on automating the process of sorting solid objects using cameras or laser beams make up an optical sorter market

 
A set of automated specialized systems focused on automating the process of sorting solid objects using cameras or laser beams make up an optical sorter market, sometimes referred to as a sorting machine. It can identify the color, size, shape, structural characteristics, and chemical makeup of items. Food commodities including coffee, candy, fruit, cereals, nuts, meat, and seafood are sorted using it. Recycling materials like organic trash, metal, plastic, and paper are also sorted using it, as are mining materials like industrial minerals and precious metals.
The main benefits that optical sorters provide are lower labor expenses, increased output, and the creation of high-quality goods. The market overview of this industry, including market drivers, major players, industry dynamics and structure, successful business plans, and opportunities and threats, is provided by the xResearch research Optical Sorter.

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KEY FINDINGS FROM REPORT
• At a compound annual growth rate (CAGR) of 10.2%, the global optical sorter market is expected to grow from USD 2,621.8 million in 2021 to USD 5,234.2 million by 2030.
• The food industry's growing adoption of optical sorters for food processing activities and to reduce process and delivery times, the growing need to reduce these times, the rapidly growing food industry, the rising wages of the manual workforce in several countries around the world, and the growing emphasis on automation to boost productivity in a variety of end-user industries are the main factors driving the market's growth.
• The worldwide optical sorter market is divided into categories based on type, including cameras, lasers, NIR, hyperspectral cameras & combination sorters, and others. It is anticipated that the cameras category will lead the market from 2022 to 2030. Conversely, the market is expected to grow at the fastest rate throughout the projected period in the hyperspectral cameras & combined sorters category.
• The free fall, lane, belt, and hybrid segments make up the worldwide optical sorter market. Over the course of the forecast period, the belt sector is expected to experience the highest growth in the market.
• The global optical sorter market is divided into several segments based on application, including food, recycling, mining, and others. Over the course of the forecast period, the food category is anticipated to capture the biggest share of the market.
• The main drivers propelling market expansion in this area are the existence of expanding, densely populated nations like China and India, high-producing nations like Japan, and greater per capita disposable income of the populace.

KEY MARKET INDICATORS
• Leading suppliers in the optical sorters market are observed to be actively working on creating new optical sorters with enhanced sensors, lenses, cameras, software, and other components that better comprehend certain aspects of processing operations and pick and recover materials more quickly and efficiently.
• Furthermore, throughout the world, governments and associated regulatory agencies have launched programs in recent years to uphold stringent guidelines for the quality of food. There are now more strict government guidelines and laws pertaining to food security.
• A few major regulatory categories are as follows: packaging; pesticide residues; food fortification; advertising and claims; antibiotic tolerance limits; pharmacologically active chemicals; etc. Optical sorters are used to separate products that do not meet the standards established in the database based on factors such as color, shape, size, and chemical composition.

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

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Tags optical sorter market , optical sorter market size , optical sorter market share , optical sorter market news , optical sorter market outlook , optical sorter market trends
Last Updated February 26, 2024