Optical Sorter Market Competitive Landscape and Growth Forecast by 2024
Category: #technology  By Ronak Bora  Date: 2022-07-14
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Optical Sorter Market Competitive Landscape and Growth Forecast by 2024

Optical Sorter Market volume will surpass $3 billion by 2024. Increasing focus of businesses across a myriad range of verticals to improve productivity of plant has been expediting market growth. Automated sorting solutions are experiencing high adoption across industries to facilitate check quality of products with increased accuracy and reliability. X-ray fluorescence, inductive metal detectors, and high-resolution color cameras are  the most commonly sensing technologies.

Such technologies are majorly used in  mining, pharmaceuticals, waste recycling, and other industries, which  influence industry outlook.  NIR sorting machines are used in segregation of waste materials. HDPE, PVC, LDPE, and PP are some of the polymers which are generally found in industrial waste and can be separated using this technology.

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Mining  sector in Asia Pacific is generating substantial demand for optical sorters. Latest technologies are being employed to enhance mining operations and raise productivity. Technological advancements, such as  advanced hyperspectral imaging, which facilitates examination of  mineral quality has further favored market penetration in the mining vertical. Moreover, expansion of key end user industries within the region is likely to favor regional market growth. 

They have found  huge application in recycling processes for recovering resources and materials suitable for further utilization. In recycling process, waste goes through stages of collection, separation, and processing.

Governments across the globe are undertaking various initiatives  to raise awareness among people regarding waste recycling. For example, the U.S. GSA (General Services Administration)  along with regulatory bodies is endeavoring to amplify awareness in the country for reducing and recycling waste. Such initiatives and augmenting application of this industry is anticipated to drive growth. 

Such technologies are majorly used in mining, pharmaceuticals, waste recycling, and other industries, which  influence optical sorter industry outlook.  NIR sorting machines are used in segregation of waste materials. HDPE, PVC, LDPE, and PP are some of the polymers which are generally found in industrial waste and can be separated using this technology.

The mining industry is a key end user of the market. Separating mineral from ore deposits is very time consuming as ore deposits are heterogenic. Application  of the market in the process of  mineral extraction from ores can ease the process.

The prominent players in the optical sorter market include Tomra Systems ASA, Steinert GmbH, Sesotec GmbH, Satake Corporation, Raytec Vision SpA, Pellenc ST, Newtec A/S, National Recovery Technologies LLC, Key Technology, Inc., Greefa Italia GmbH, CP Manufacturing, Inc

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Table of Content

Chapter 5    Optical Sorter Market, By Platform

5.1     Key trends in the optical sorter market, by platform

5.2     Belt

5.2.1   Market estimates and forecast, 2013 – 2024

5.2.2   Market estimates and forecast, by region, 2013 - 2024

5.3     Freefall

5.3.1   Market estimates and forecast, 2013 – 2024

5.3.2   Market estimates and forecast, by region, 2013 - 2024

5.4     Lane

5.4.1   Market estimates and forecast, 2013 – 2024

5.4.2   Market estimates and forecast, by region, 2013 - 2024

5.5     Hybrid

5.5.1   Market estimates and forecast, 2013 – 2024

5.5.2   Market estimates and forecast, by region, 2013 - 2024

Chapter 6    Optical Sorter Market, By Application

6.1     Key trends in the optical sorter market, by application

6.2     Recycling

6.2.1   Market estimates and forecast, 2013 – 2024

6.2.2   Market estimates and forecast, by region, 2013 - 2024

6.3     Mining

6.3.1   Market estimates and forecast, 2013 – 2024

6.3.2   Market estimates and forecast, by region, 2013 - 2024

6.4     Food

6.4.1   Market estimates and forecast, 2013 – 2024

6.4.2   Market estimates and forecast, by region, 2013 - 2024

6.5     Other

6.5.1   Market estimates and forecast, 2013 – 2024

6.5.2   Market estimates and forecast, by region, 2013 – 2024

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/optical-sorter-market

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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