A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled "Global Optical Sorters Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018–2026" which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview.
This research study on the global optical sorters market provides a detailed cross-segment and cross-country analysis based on the different segments including component, type, and end-use. Based on component, the optical sorters market is segmented into products and services. By type, the market is divided into camera, laser, NIR, X-ray, combined, and others. In terms of end-use, the optical sorters market is classified into food processing, tobacco processing, waste recycling, mining and others. Furthermore, based on region, the market is divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
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According to a new market report published by MRRSE Research titled Optical Sorters Market the optical sorters market is expected to reach US$ 3,350.2 Mn by 2026. The market is projected to expand at a CAGR of 10.4% from 2018 to 2026. According to the report, the optical sorters market is expected to be influenced by a range of factors such as cost reduction and increase in productivity through automation, growing labor costs, and stringent government regulations pertaining to food safety. Additionally, market players are focused on research and development to enable development of innovative and technologically advanced optical sorting solutions. Some of the majorly used technologies include Near Infra-Red (NIR) spectroscopy, fluorescent lighting and lasers, X-rays, and cameras. These technologically advanced optical sorters detect and remove the smallest foreign materials (FM) and defects, and automate the operation lines. Further, in the near future, optical sorters are expected to adopt more sophisticated algorithms which can allow them to better understand and process the information collected from sensors.
Secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, national government documents, statistical databases, and market reports, Factiva, etc.
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook, etc. These help us to validate and strengthen secondary research findings. These also help develop the analysis team’s market expertise and understanding.
The report highlights well-established players operating in the market including TOMRA Systems ASA, Buhler AG, Satake Corporation, Key Technology, and Cimbria. These key players are looking to capture larger market share by expanding their current optical sorters offerings in emerging economies. For instance, in May 2018, Satake Corporation launched FMSR Series optical sorters in Brazil for a wide range of applications. Two models, FMSR03-L (3 chutes) and FMSR02-L (2 chutes) use RGB technology to remove unwanted products, including irregular-shape defects and discoloration from small products such as coffee beans.
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Global Optical Sorters Market Segmentation
Global Optical Sorters Market, by Component
Products
Services
Consulting
Repair and Maintenance
Training
Global Optical Sorters Market, by Type
Camera
Laser
NIR
X-ray
Combined
Others
Global Optical Sorters Market, by End-use
Food Processing
Tobacco Processing
Waste recycling
Mining
Others
Global Optical Sorters Market, by Geography
North America
The U.S.
Canada
Rest of North America
Europe
The U.K
Germany
France
Rest of Europe
Asia Pacific (APAC)
China
India
Australia
Rest of APAC
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
South America
Brazil
Rest of South America
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