Sorting Machine Market Expected to Reach US ~$6.58 Billion and CAGR 6.1% by 2030 – Polaris Market Research
The global sorting machine market size is expected to reach USD 6.58 billion by 2030 according to a new study by Polaris Market Research.
The increasing production capacity across end-users such as pharmaceutical, food & beverage, waste recycling, and other industries globally is projected to propel the industry growth. Sorting machines have a considerable number of applications across these industries. In the pharmaceutical industry, arranging devices are used to sort tablets & capsules according to their shape, size, and weight, improving the accuracy and production capacity.
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In the food & beverage industry, these equipment are utilized to sort various products while minimizing waste and maximizing output. Furthermore, the advancements in different detecting technologies and the development of intelligent software are anticipated to present huge industry growth opportunities in the near future.
Based on the product, the optical sorter segment dominates the global industry and is anticipated to lead the industry over the forecasting period. The rising use of optical sorters across the food industry globally is expected to drive the segment’s growth. Furthermore, their growing application in the waste recycling industry, such as identification & discarding of manufacturing waste, is anticipated to boost the segment’s growth.
The growing popularity and adoption of automation across various industries are projected to surge the industry demand in the forthcoming scenario. Different key industry players are collaborating in order to automate their production lines. For instance, in October 2020, KWS Sementes partnered with Tomra’s ZEA food sorter in order to automate their production line.
Using a ZEA food sorter improved the product quality and minimized the losses during the production process. The sorter is installed in receiving station, where straw with corn ears is collected, threshed, and sorted. Therefore, the rising number of initiatives by the leading industry players are bolstering the industry demand across the globe.
Market participants include Daewon GSE, BT-Wolfgang Binder, Tomra, BarcoVision, Sesotec, Buhler Sortex, Aweta, Raytec Vision, Concept Engineers, Climbria, GREEFA, Allgaier Werke, and CP Global are some of the key players operating in the global industry.
Various industry vendors are introducing their innovations across the global industry to reinforce their geographical footprints. For instance, in May 2020, Tomra introduced new optical equipment called TOMRA 3C that offers best-in-class product yields and sorting efficiencies. The machine provides a unique solution that combines a High-Res color camera with NIR (Near Infra-Red) or Laser technology.
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Polaris Market Research has segmented the sorting machine market report on the basis of product, end-user, and region:
Sorting Machine, Product Outlook (Revenue – USD Million, 2018 – 2030)
- Optical Sorter
- Weight/Gravity Sorter
Sorting Machine, End-User Outlook (Revenue – USD Million, 2018 – 2030)
- Food & Beverage Industry
- Waste Recycling
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