Market Analysis
The India color sorter Market in 2015 was valued at USD 16.5 million and is predicted to grow at 2.05% CAGR during the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis. The color sorter systems and machines help in detecting the colors of grains and seeds which pass before them using devices like cameras. Belt and chute are its two types and they have wide industrial and agricultural applications.
Key Players
The notable players profiled in the India color sorter market report include Hefei TAIHE Optoelectronics Technology Co., Ltd, Anhui Zhongke Optic-electronic Color Sorter Machinery Co., Ltd., Hefei Meiya Optoelectronic Technology Inc., Key Technology, Sea, Orange, Tomra, Fowler Westrup, Buhler Group, and Satake India Engineering, among others.
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By type, the India color sorter market is segmented into belt and chute.
By application, the India color sorter market is segmented into industrial and agricultural.
Regional Analysis
Geographically, the India color sorter market is segmented into North, East, West, and South. Of these, the North region will head the market over the forecast period. It is predicted to touch USD 7.5 million by 2022 for increased investment as part of different initiatives undertaken by the government to encourage small and medium scale agro-based processing industries. The government is operating different project policies for enabling investments in the agro processing and food sector. The demographic features in the North region support agriculture as well as contributes utmost to the country’s GDP. This region offers flourishing markets for the international and national players for expanding its operations. It will be followed by the South region which is likely to grow at a 1.78% CAGR. This region is popular for rice farming and thus offers opportunities for color sorter companies across its rice milling industries.
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