Optical sorting market

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Optical sorting market Research Report- Forecast
2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Optical sorting market Research Report- Forecast
2023
Optical sorting market Research Report- Forecast
2023

• The Optical sorting market is spanned across
  North America, Europe, Asia Pacific, and Rest of
  the World. North America dominates the Optical
  sorting market due to growing adoption of the
  laser object detection system. Laser object
  detection system is gaining popularity among food
  industry as it increases recycling operations
  capabilities and allows waste and scrap recycling
  operations. This laser object detection system is
  also integrated with AUTOSORT FINDER which
  helps in proving a high level of pure product
  after recycling of waste materials.
• The North American region is experiencing a
  higher demand due to advanced fiber laser system,
  digital sensors, and others which is boosting the
  Optical sorting market growth to a large extent.
  For instance, on 22 February 2018, The Bühler
  Group has expanded their product portfolio and
  launched their product Sortex F range of
  optical sorters. Sortex F range is used for
  processing high-value premium, niche, and organic
  products.

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Optical sorting market Research Report- Forecast
2023
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Optical sorting market Research Report- Forecast
2023

• On October 10, 2017 MSS Inc., the optical sorter
  division of the CP Group, has launched their new
  product the CIRRUS Fiber Max. This product is
  integrated with next-generation fiber sorting
  technology which offers operating flexibility,
  sensing capability, and increased speed in
  sorting.
• On July 12, 2017 Key Technology Inc. went into
  the expansion with VERYX to launch their new
  product Digital sorters. A digital sorter is a
  small chute-fed sorter which is primarily used
  for removing foreign material and improving the
  sorting accuracy by providing accurate sorting as
  compared to manual labor. This sorter varies in
  capacity from less than one metric ton (2,220
  lbs.) up to five metric tons (11,000 lbs.) of
  product per hour.

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Optical sorting market Research Report- Forecast
2023
Regional Analysis

• The regional analysis of Optical sorting market
  is studied for regions such as Asia Pacific,
  North America, Europe, and Rest of the World.
  North America is the leading region across the
  world in terms of the highest market share. The
  Optical sorting market in this region has a huge
  demand due to the increasing usage of food
  sorting machines in food industries, which is
  propelling the market growth to a large extent.
  The market for optical sorters in Europe is
  expected to witness rapid growth due to
  advancement in technology such as the digital
  sorting system which is widely used among
  companies. Whereas, Asia Pacific countries, such
  as China, Japan, and India, are the emerging
  markets for optical sorters, which are expected
  to grow with the highest CAGR in the coming years.

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Optical sorting market Research Report- Forecast
2023
Application Major Players in this Research

• Optical sorting market Prominent Players
• The prominent players in the Optical sorting
  market Key Technology Inc. (U.S.), BINDER GmbH
  (Austria), SATAKE Group (U.S.), Allgaier Werke
  Group (Germany), Tomra Systems ASA (Norway),
  GREEFA (Netherlands), NEWTEC (Denmark), Bühler
  Group (Switzerland), Cimbria Heid GmbH (Denmark),
  National Recovery Technologies (U.S.), Sesotec
  GmbH (Germany), Pellenc ST (France), CP
  Manufacturing Inc. (U.S.), STEINERT Global
  (Germany),  Raytec Vision S.p.A. (Italy), among
  others.
• The study was conducted using an objective
  combination of primary and secondary information,
  including inputs from key participants in the
  industry. The report contains a comprehensive
  market and vendor landscape in addition to a SWOT
  analysis of the key vendors.

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Optical sorting market Research Report- Forecast
2023
Optical sorting market Segmented on the basis of
Segment The Optical sorting market is segmented
into type, platform, application, and region. The
type segment is sub-segmented as cameras, lasers,
and combined sorters, near-infrared sorting
system, hyperspectral cameras, and others. The
platform is sub-segmented into the belt, free
fall, lane, hybrid, and others. The application
segment is sub-segmented into food, mining,
recycling, and others. The market is spanned
across regions including North America, Europe,
Asia Pacific, and Rest of the World. Optical
sorting market is expected to grow at USD 2
billion by 2023 at a CAGR of 10 during the
forecast period 2017-2023.
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