The optical sorter market is expected to be worth USD 1.63 billion in 2017 and is expected to reach USD 2.87 billion by 2023, at a CAGR of 9.8% between 2017 and 2023. Factors such as stringent government regulations regarding food safety and growing focus on automation to increase productivity in various industries are driving market growth. Advancements in detection technologies and intelligent software provide opportunities for market players.
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The optical sorter market for the hyperspectral camera and combined sorters is expected to grow at the highest CAGR between 2017 and 2023. This technology is used on specialized sorters where it achieves unparalleled performance, removing extraneous vegetable matter (EVM) and foreign material (FM), even under high incoming defect loads. These systems convert data to create unique spectral fingerprints for each object. Hyperspectral cameras and combined optical sorters are used in various applications. Hence, hyperspectral cameras and combined sorters are expected to create opportunities in food and recycling applications in the coming years.
The belt platform-based optical sorter is expected to grow at the highest CAGR between 2017 and 2023. Belt sorting equipment is widely used in various applications such as food, recycling, and mining, as they provide higher sorting accuracy and low carryover ratio. This process minimizes the risk of food contamination further down the line and leads to improved product quality. Hence, belt platform-based optical sorters enable the sorter to better focus on objects to identify small foreign materials and defects and improve the accuracy of the ejection system, which helps in maximizing the sorter’s yield and defect removal performance.
The optical sorter market for food applications is expected to grow at the highest CAGR during the forecast period. Automated sorting is becoming a necessary component of many food processing operations and the demand for this technology is increasing to provide consistent product quality and traceability of all foreign materials. Hence, the demand for optical sorters is increasing in food applications for increasing productivity and reducing costs.
The optical sorter market has been segmented on the basis of geographic regions—North America, Europe, APAC, and RoW. The market in APAC is expected to grow at the highest CAGR between 2017 and 2023. China is the major contributors to the APAC optical sorter market. This is due to the growing adoption of automation in the Chinese food industry, in turn, driven by factors such as the high population growth and increasing agricultural production. Other factors include the demand for high-quality products and a government focus on food safety.
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