What is the current size of the global optical sorter market?

Posted by Steve Stark on April 22nd, 2022

The global optical sorter market is estimated to be from USD 2.6 billion in 2022 to USD 4.1 billion by 2027, at a CAGR of 9.9% during the forecast period.

What will be the dynamics for the adoption of optical sorter based on type?

Camera type optical sorters are expected to dominate the optical sorter market throughout the forecast period. 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, bichromatic, 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. Camera technology is one of the most advanced technologies in the sorting industry.

How the food industry is contributing to the overall market growth by 2026?

The optical sorter market for food applications is expected to account for the largest share throughout the forecast period. It is further expected to grow at the highest CAGR during the forecast period. The growing demand for high-quality food products within shorter delivery cycles and growing automation are major factors driving growth in the optical sorter market for food applications

Which region is expected to adopt optical sorter at a fast rate?

Asia Pacific is considered a major manufacturing hub in the world and is expected to provide ample growth opportunities to the optical sorter market in this region. It is one of the fastest-growing regions in terms of developments and technological adoption. The countries like China and Japan which are the manufacturing hubs of electronics, also produce E-waste or E-scrap which is likely to lead to the growth of the optical sorter market in the region. The aging population in China and Japan has resulted in rising labor costs, leading to the growing adoption of automation. Further, China and Japan are the major contributors to the Asia Pacific optical sorter market.

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What are the key market dynamics influencing market growth? How will they turn into strengths or weaknesses of companies operating in the market space?

The market has a promising growth potential due to several driving factors including, growing focus on automation to increase productivity in various industries, increasing adoption in the food industry for food processing activities and for reducing process and delivery time; increase in wages of the manual workforce in various countries; and stringent government regulations regarding food safety. .