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Optical Sorter Market analysis by knowledge sourcing intelligence

<br>The optical sorter market is projected to grow at a CAGR of 11.25% to reach US$3.014 billion by 2023, from US$1.590 billion in 2017. Optical sorter involves a set of automated dedicated systems that focus on automating the process of sorting solid products, using cameras or laser beams. The optical sorter is used to sort various food commodities such as agricultural seeds, coffee, confectionery, fruit, grains nut, meat, and seafood; recycling material such as plastic, organic waste, metal, paper; mining material such as industrial minerals and precious metals.

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Optical Sorter Market analysis by knowledge sourcing intelligence

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  1. Optical Sorter Market Forecasts From 2019 To 2024

  2. DESCRIPTION The optical sorter market is projected to grow at a CAGR of 11.25% to reach US$3.014 billion by 2023, from US$1.590 billion in 2017. The growing number of countries is focusing on increasing the recycling rate, in order to reduce greenhouse gas emission and to protect and preserve the environment in general. In fact, the recycling rate for municipal waste increased by 13% between 2004 and 2014, while for packaging waste, the recycling rate increased by 10% from 2005 and 2013 in Europe (source: European Environment Agency). The growing focus on increasing the recyclability of waste is significantly driving the optical sorter market. Simultaneously, the growing investment in the mining industry is further supplementing the growth of the market during the forecast period.

  3. Key Questions Answered By The Report • What will Optical Sorter Marketfrom 2019 to 2024? • How are the major drivers and restraints affecting the Optical Sorter Market. • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

  4. Geography • North America • USA • Canada • Mexico • Others  • South America • Brazil • Argentina • Others

  5. Geography • Europe • Germany • France • United Kingdom • Others • Middle East and Africa • Saudi Arabia • Israel • Others

  6. Geography • Asia Pacific • China • Japan • India • Others

  7. Segments Covered Under Global Storage Market: • By Product • MIR Sorter • NIR Sorters • RGB Color Sorters • Others • By Platform • Belt • Freefall • Lane • Hybrid • By Industry Vertical • Food & Beverage • Mining • Recycling • Pharmaceutical • Tobacco

  8. COMPANY PROFILES • TOMRA Group • Binder+Co AG • Greefa • National Recovery Technologies, LLC • Raytec Vision SpA • CP Manufacturing, Inc. • Sesotec Inc. • Buhler AG • Steinert GmbH • Duravant

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