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Global Optical Sorter Market by Type (Cameras, Lasers, NIR Sorters, Hyperspectral Cameras & Combined Sorters), Platform (Belt, Freefall, Lane, Hybrid), Application (Food, Recycling, and Mining), and Region - Global Forecasts to 2025

ID : 62426 Date : Jan 2021 Pages : 200 Pages Publisher : BRCLLP Industry : Semiconductor and Electronics

Global Optical Sorter Market is valued approximately at USD 1.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 10.2% over the forecast period 2020-2027. Optical sorting relies on cameras and sensors to sort grains, plastics, solid products. The driving factors can be attributed to Automation that has enabled manufacturers to reduce errors and work efficiently and thus increasing productivity. With the help of optical sorters manufacturers will be able to speed up the process, maintain hygiene and remove human error. In addition to this, enhanced software features can empower the sensors to sort objects based on color and shape thus, boosting the market for optical sorter. Recent developments in technologies and software systems have enabled optical sorters to influence the yield and product quality. As of October 2020, Key Technology US announced VERYX BioPrint digital sorter. This sorter can combine near-infrared NIR hyperspectral detection with color cameras. Furthermore, it evaluates a richer set of data about the products it is sorting to enhance detection performance and escalate process yield. However, these equipment are sold at a premium price therefore making it inaccessible for some of the manufacturers.

The regional analysis of global Optical Sorter market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increased disposable income and the rise in the market for packed food and other goods. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. The main factor is the need for automation to increase productivity and quality thus, there would be lucrative growth prospects for the Optical Sorter market across Asia-Pacific region.

Major market player included in this report are:
TOMRA Norway
Buhler Switzerland
Key Technology US
Binder+Co Austria
Satake Corporation Japan
Allgaier Werke Germany
Hefei Meyer Optoelectrionic Technology China
Daewon GSI South Korea
Cimbria Denmark

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type
NIR Sorters
Hyperspectral Cameras & Combined Sorters

By Platform
Lane, Hybrid

By Application

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Optical Sorter Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Re sellers VARs
Third-party knowledge providers
Investment bankers
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 USD Million
1.2.1. Optical Sorter Market, by Region, 2018-2027 USD Million
1.2.2. Optical Sorter Market, by Type, 2018-2027 USD Million
1.2.3. Optical Sorter Market, by Platform, 2018-2027 USD Million
1.2.4. Optical Sorter Market, by Application, 2018-2027 USD Million
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Optical Sorter Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Processing Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Optical Sorter Market Dynamics
3.1. Optical Sorter Market Impact Analysis 2018-2027
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Optical Sorter Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model 2017-2027
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Optical Sorter Market, by Type
5.1. Market Snapshot
5.2. Global Optical Sorter Market by Type, Performance- Potential Analysis
5.3. Global Optical Sorter Market Estimates & Forecasts by Type 2017-2027 USD Million
5.4. Optical Sorter Market, Sub Segment Analysis
5.4.1. Cameras
5.4.2. Lasers
5.4.3. NIR Sorters
5.4.4. Hyperspectral Cameras
5.4.5. Combined Sorters
Chapter 6. Global Optical Sorter Market, by Platform
6.1. Market Snapshot
6.2. Global Optical Sorter Market Platform, Performance - Potential Analysis
6.3. Global Optical Sorter Market Estimates & Forecasts by Platform 2017-2027 USD Million
6.4. Optical Sorter Market, Sub Segment Analysis
6.4.1. Belt
6.4.2. Freefall
6.4.3. Lane, Hybrid
Chapter 7. Global Optical Sorter Market, Application
7.1. Market Snapshot
7.2. Global Optical Sorter Market by Application, Performance - Potential Analysis
7.3. Global Optical Sorter Market Estimates & Forecasts by Application 2017-2027 USD Million
7.4. Optical Sorter Market, Sub Segment Analysis
7.4.1. Food
7.4.2. Recycling
7.4.3. Mining
Chapter 8. Global Optical Sorter Market, Regional Analysis
8.1. North America Optical Sorter Market
8.1.1. U.S Optical Sorter Market Technology breakdown estimates & forecasts, 2017-2027 Application Type breakdown estimates & forecasts, 2017-2027 Pipeline breakdown estimates & forecasts, 2017-2027
8.1.2. Canada Optical Sorter
8.2. Europe Optical Sorter Snapshot
8.2.1. U.K. Optical Sorter
8.2.2. Germany Optical Sorter
8.2.3. France Optical Sorter
8.2.4. Spain Optical Sorter
8.2.5. Italy Optical Sorter
8.2.6. Rest of Europe Optical Sorter
8.3. Asia-Pacific Optical Sorter Snapshot
8.3.1. China Optical Sorter
8.3.2. India Optical Sorter
8.3.3. Japan Optical Sorter
8.3.4. Australia Optical Sorter
8.3.5. South Korea Optical Sorter
8.3.6. Rest of Asia Pacific Optical Sorter
8.4. Latin America Optical Sorter Snapshot
8.4.1. Brazil Optical Sorter
8.4.2. Mexico Optical Sorter
8.5. Rest of The World Optical Sorter

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. TOMRA Norway Key Information Overview Financial Subject to Data Availability Product Summary Recent Developments

9.2.2. Buhler Switzerland
9.2.3. Key Technology US
9.2.4. Binder+Co Austria
9.2.5. Satake Corporation Japan
9.2.6. Allgaier Werke Germany
9.2.7. Hefei Meyer Optoelectrionic Technology China
9.2.8. TAIHO China
9.2.9. Daewon GSI South Korea
9.2.10Cimbria Denmark
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
List of figures
FIG 1. Global Optical Sorter Market, research methodology
FIG 2. Global Optical Sorter Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Optical Sorter Market, key trends 2019
FIG 5. Global Optical Sorter Market, growth prospects 2020-2027
FIG 6. Global Optical Sorter Market, porters 5 force model
FIG 7. Global Optical Sorter Market, pest analysis
FIG 8. Global Optical Sorter Market, value chain analysis
FIG 9. Global Optical Sorter Market by segment, 2017 & 2027 USD Million
FIG 10. Global Optical Sorter Market by segment, 2017 & 2027 USD Million
FIG 11. Global Optical Sorter Market by segment, 2017 & 2027 USD Million
FIG 12. Global Optical Sorter Market by segment, 2017 & 2027 USD Million
FIG 13. Global Optical Sorter Market by segment, 2017 & 2027 USD Million
FIG 14. Global Optical Sorter Market, regional snapshot 2017 & 2027
FIG 15. North America Optical Sorter Market 2017 & 2027 USD Million
FIG 16. Europe Optical Sorter Market 2017 & 2027 USD Million
FIG 17. Asia pacific Optical Sorter Market 2017 & 2027 USD Million
FIG 18. Latin America Optical Sorter Market 2017 & 2027 USD Million
FIG 19. Global Optical Sorter Market, company market share analysis 2019



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