Global Optical Sorter Market to Grow at 9.11% CAGR, Expected to Surpass USD 5.24 Billion by 2031

Posted  by GoPhotonics

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SkyQuest, a global market intelligence, innovation management & commercialization organization, published a report on, "Global Optical Sorter Market Size, Share, Growth Analysis, By Type, By Platform - Industry Forecast 2023 -  2030". According to the report, the Global Optical Sorter Market size was valued at USD 2.39 Billion in 2022 and is poised to grow from USD 2.61 Billion in 2023 to USD 5.24 Billion by 2031, at a CAGR of 9.11% during the forecast period (2024-2031).

The latest global research reports indicate several trends contributing to the growth of the Optical Sorter market. These include increased adoption of artificial intelligence and machine learning for enhanced sorting accuracy, a shift towards cloud-based data analytics and remote monitoring, rising interest in hyperspectral imaging technology, integration of Industry 4.0 concepts, and the emergence of customizable and modular optical sorting solutions are the trends that aid in the market's growth.

An optical sorter is a machine that utilizes light sensors to detect and separate objects based on their optical properties, such as color, size, shape, and structure. These machines are widely used in various industries, including food processing, recycling, mining, and pharmaceutical manufacturing, to ensure the quality and purity of products. Optical sorters operate by passing objects through a series of light beams.

Prominent Players in Optical Sorter Market

Belt Sorters and Freefall Sorters Demand to Grow Substantially in the Forecast Period

Belt sorters and freefall sorters dominated the global online market as they are versatile and suitable for a wide range of applications, making them popular choices for various industries, including food processing, recycling, and mining.

Food Safety and Quality is the Leading Application Segment

The food industry places a significant emphasis on ensuring the safety and quality of products. Optical sorters are used to remove defects, foreign materials, and contaminants from various food items, such as fruits, vegetables, grains, and seafood. This enhances the overall quality and safety of the food products, meeting stringent regulatory standards.

North America is the leading Market Due to the Technological Advancements 

North America, particularly the United States, has been a dominant region in the optical sorter market. This dominance is driven by the presence of a strong and diverse industrial base, including the food processing, recycling, and mining industries. The region's focus on automation, stringent food safety regulations, and high-quality standards has led to a significant adoption of optical sorting technology. 

A recent report thoroughly analyzes the major players operating within the Optical Sorter market. This comprehensive evaluation has considered several crucial factors, such as collaborations, mergers, innovative business policies, and strategies, providing invaluable insights into the key trends and breakthroughs in the market. Additionally, the report has carefully scrutinized the market share of the top segments and presented a detailed geographic analysis. Finally, the report has highlighted the major players in the industry and their ongoing endeavors to develop innovative solutions that cater to the ever-increasing demand for Optical Sorter.

Key Developments in Optical Sorter Market 

  • In March 2023, TOMRA Sorting ASA announced the launch of its new X-Sight AI optical sorter. The X-Sight AI is a high-speed, high-accuracy optical sorter that uses artificial intelligence to detect and sort defects in food products.
  • In February 2023, Buhler Group announced the acquisition of Key Technology Inc., a leading provider of optical sorters for the food and beverage industry. The acquisition will strengthen Buhler's position in the optical sorter market and allow the company to offer a wider range of products and services to its customers.

Key Questions Answered in Optical Sorter Market Report

  • What specific growth drivers are projected to impact the market during the forecast period?
  • Can you list the top companies in the market and explain how they have achieved their positions of influence?
  • In what ways do regional trends and patterns differ within the global market, and how might these differences shape the market's future growth? 

Click here to read the report titled, 'Global Optical Sorter Market Size, Share, Growth Analysis, By Type, By Platform - Industry Forecast 2023 -  2030'.