Optical Sorter Market by Type, Platform, Application | COVID-19 Impact Analysis

Posted by Steve Stark on January 4th, 2021

The optical sorter market is valued at USD 2.0 billion in 2020 and is expected to reach USD 3.3 billion by 2025; it is expected to grow at a CAGR of 10.2% from 2020 to 2025. A few key factors driving the growth of this market are growing focus on automation to increase productivity, increasing need to reduce process and delivery time in the food industry, rising labor costs, and emerging stringent government regulations regarding food safety.

Impact of COVID-19 on optical sorter

The outbreak and the spread of COVID-19 have affected the optical sorter market. A number of industry experts are of the opinion that this pandemic will subside by the end of the first quarter of FY2021. Considering the inputs from various industry experts from different stages of the optical sorter value chain (which include component manufacturers, OEMs, system integrators, end users, and distributors) as well as after consulting the financial releases of different companies in the optical sorter market ecosystem for the first, second and third quarters of 2020, it has been estimated that the size of the optical sorter market is expected to witness a decline of 2% from 2019 to 2020.

The Optical sorter market for belt platforms is expected to grow at the highest CAGR from 2020 to 2025.

The optical sorter market for belt platforms is expected to grow at the highest CAGR from 2020 to 2025. Belt sorting equipment is widely used in various applications such as food, recycling, and mining, as they provide higher sorting accuracy and a low carryover ratio. Belt sorting equipment has high-performance capabilities for fresh, frozen, and dried vegetables and fruits, processed potato products, and nuts. This process minimizes the risk of food contamination further down the line and leads to improved product quality

Cameras are expected to hold largest share of optical market during forecast period.

Cameras are expected to hold largest share of optical market during forecast period from 2020 to 2025. Camera-based optical sorters are more accurate and can detect minute defects in products; therefore, these optical sorters are preferred in various applications. Cameras are widely used in food sorting applications to sort vegetables and fruits, dried fruits and nuts, and cereals, grains, and pulses. Based on flexibility, monochromatic, dichromatic, and trichromatic cameras that have the capability to detect minute infractions in products, both within and outside of the visible light spectrum, are available in the market.

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Key Market Players

TOMRA (Norway), Buhler (Switzerland), Key Technology (US), Binder+Co (Austria), Satake Corporation (Japan), Allgaier Werke (Germany), Hefei Meyer Optoelectrionic Technology (China), TAIHO (China), Daewon GSI (South Korea), Cimbria (Denmark), CP Global (US), GREEFA (Netherlands), National Recovery Technologies (US), NEWTEC (Denmark), Pellenc ST (France), Raytec Vision (Italy), Sesotec (Germany), and STEINERT (Germany) few major players in the optical sorter market.