123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Optical Sorter Market Worth $3.3 Billion By 2025

Profile Picture
By Author: Steve Stark
Total Articles: 138
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

According to the new market research report "Optical Sorter Market with COVID-19 Impact, by Type (Cameras, Lasers, NIR Sorters, Hyperspectral Cameras & Combined Sorters), Platform (Belt, Freefall, Lane, Hybrid), Application (Food, Recycling, and Mining), and Geography - Global Forecast to 2025", the optical sorter market is valued at USD 2.0 billion in 2020 and is expected to reach USD 3.3 billion by 2025; it is expected to grow at a CAGR of 10.2% from 2020 to 2025. A few key factors driving the growth of this market are growing focus on automation to increase productivity, increasing need to reduce process and delivery time in the food industry, rising labor costs, and emerging stringent government regulations regarding food safety.

https://www.marketsandmarkets.com/Market-Reports/optical-sorter-market-62115020.html

Cameras are expected to hold largest share of optical market during forecast period.

Cameras are expected to hold largest share of optical market during forecast period from 2020 to 2025. Camera-based optical sorters are more accurate and can detect minute defects in products; therefore, ...
... these optical sorters are preferred in various applications. Cameras are widely used in food sorting applications to sort vegetables and fruits, dried fruits and nuts, and cereals, grains, and pulses. Based on flexibility, monochromatic, bichromatic, and trichromatic cameras that have the capability to detect minute infractions in products, both within and outside of the visible light spectrum, are available in the market.

Food application is expected to hold largest share of optical sorter market during forecast period.

Food application is expected to hold largest share of optical sorter market during forecast period from 2020 to 2025.  The growing adoption of automated equipment in the food industry is a major driving factor for the optical sorter market as optical sorters offer benefits such as improved food safety, better food quality, shorter delivery cycles, and increased output.

Optical sorter market in APAC to grow at highest CAGR during forecast period.

The optical sorter market in APAC is expected to grow at the highest CAGR during the forecast period. In APAC, industries are focusing on automation to increase productivity and quality. Growing automation in the application areas of the market is also expected to create demand for optical sorters in this region. Other concerns supporting the adoption of automation in APAC countries include labor shortage and increasing labor costs.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=62115020

TOMRA (Norway), Buhler (Switzerland), Key Technology (US), Binder+Co (Austria), Satake Corporation (Japan), Allgaier Werke (Germany), Hefei Meyer Optoelectrionic Technology (China), TAIHO (China), Daewon GSI (South Korea), Cimbria (Denmark), CP Global (US), GREEFA (Netherlands), National Recovery Technologies (US), NEWTEC (Denmark), Pellenc ST (France), Raytec Vision (Italy), Sesotec (Germany), and STEINERT (Germany) few major players in the optical sorter market.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Total Views: 181Word Count: 635See All articles From Author

Add Comment

Business Articles

1. Building Confidence: The Crucial Role Of Pre-sale And Pre-purchase Inspections In Real Estate Transactions
Author: adlercon way

2. Lucintel Forecasts Asic Chip Market To Reach $49 Billion By 2030
Author: Lucintel LLC

3. Best Petrol Pump Management Software In India
Author: Rupasri

4. Stainless Steel 316 Stud Bolt | Astm A193 Ss 316 Studj Bolt- Fas10
Author: Stainless Steel 316 Stud Bolt | ASTM A193 SS 316 S

5. Collar Bolts Fastener
Author: Collar Bolts Fastener

6. The Perks Of Buying A Used Car
Author: Cameron Clark

7. Transform Your Space: Interior Designer In Trivandrum Can Elevate Your Home
Author: VC interiors

8. Your Complete Guide For Purchasing A Vehicle
Author: Cameron Clark

9. Lucintel Forecasts Antimony Trioxide Market To Reach $3 Billion By 2030
Author: Lucintel LLC

10. Abrex 400 Plates Stockists In India
Author: Mukesh Mehta

11. Jindal Steel Sheet Price: Factors And Considerations
Author: Archana

12. Chaveiro Indianópolis
Author: Chaveiro Indianópolis

13. Lucintel Forecasts Agrochemical Market To Reach $489 Billion By 2030
Author: Lucintel LLC

14. Is Swing Barrier Is Streamlined Solution?
Author: Vignesh

15. What Is Esg Report And Its Strategy?
Author: Agile Advisors

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: