Optical sorter Market Top Key Players - TOMRA, Bühler, Hefei Meyer Optoelectronic Technology, Satake, Allgaier Werke, Key Technology, Binder+Co, Hefei Taihe Intelligent Technology Group, STEINERT, AWETA

According to a new report published by xResearch, titled, "Optical sorter Market Insights, Trends, Opportunity & Forecast, 2022-2030," the global optical sorter market size is anticipated to witness exponential growth during the forecast period i.e. 2022-2030.

The major factor fueling the growth of the global optical sorter market is automation. Automation is one of the most important factors which helps businesses improve their performance by improving productivity and leaving less margin for error. In a drive to improve the supply chain and reduce manufacturing time industries are shifting their focus to automation.

Also, the rapid development in industries and to keep up with the growing demand is fueling the growth in the global optical sorting market.

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According to type, the camera type optical sorter held the largest share in the global optical sorter market in 2021. The segment is anticipated to retain its dominance further in the market during the forecast period of 2022-2030.

Based on the platform, the hybrid segment dominated the global optical sorter market in 2021. The segment is estimated to maintain its position and stay at the top during the forecast period of 2022-2030.

Based on application, the food and beverage segment dominated the global optical sorter market in 2021. The segment is estimated to maintain its position and stay at the top during the forecast period of 2022-2030.

Geographically, the North American region led the global Optical sorter market in 2021, followed by Europe and the Asia Pacific. The region is anticipated to remain dominant throughout the forecast period of 2022-2030.

Countries such as the U.S. and Canada are among the key contributors to the market in the region. The Asia Pacific region is expected to achieve the highest growth in the adoption of optical sorter technology during the forecast period. Countries including India, China, and Japan are the key contributors to the growth of the market in this region.

Some of the major optical sorter system providing companies profiled in the report include TOMRA, Bühler, Hefei Meyer Optoelectronic Technology, Satake, Allgaier Werke, Key Technology, Binder+Co, Hefei Taihe Intelligent Technology Group, STEINERT, AWETA.

The global optical sorter market is segmented into sorter type, platform type, application, and region. Based on sorter type, the market is bifurcated into cameras, lasers, near-infrared, hyper spectral cameras & combined sorters, others types. Based on platform Type, it is classified into freefall, belt, lane, and hybrid. Based on application, it is classified into food and beverage, recycling, mining, and others.

The global optical sorter market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and the Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of the Middle East & Africa).

Key Insights of the Global Optical sorter Market

● Based on sorter type, the camera segment held the largest share in the global optical sorter market in 2021. The segment is anticipated to retain its dominance further in the market during the forecast period of 2022-2030.

● Based on the platform, the hybrid segment dominated the global optical sorter market in 2021.

● Based on region, North America led the global Optical sorter market in 2021, followed by Europe and the Asia Pacific. The region is anticipated to remain dominant throughout the forecast period of 2022-2030.

● Based on region, the Asia Pacific region is expected to achieve the highest growth in the global optical sorter market during the forecast period of 2022-2030.

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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

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