Sorting Machines Market Is Expected To See Growth Rate Of 5.9% By 2028

Comments · 441 Views

The global sorting machines market was valued at USD 3.81 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 5.9% over the forecast period.

Sorting Machines Industry Overview

The global sorting machines market size is expected to reach USD 6.10 billion by 2028, registering a CAGR of 5.9% over the forecast period, according to a new report by Grand View Research, Inc. The rising focus on automation to boost productivity coupled with the increased demand for reducing delivery time process in the food industry is anticipated to complement the market growth. Automation allows businesses to improve their performance by improving productivity and reducing errors. Various industries are shifting their focus towards automation to speed up processes and maintain the quality of the products. Thus, rising automation in major industries, such as food and recycling, is expected to have a positive impact on market growth.

Sorting Machines Market Segmentation

Grand View Research has segmented the global sorting machines market on the basis of product, end-use, and region:

Based on the Product Insights, the market is segmented into Optical Sorter, Weight/Gravity Sorter, Others.

  • The optical sorter product segment led the market with a revenue share of over 56% in 2020. Optical sorters are widely used in the food industry across the world, with the increased penetration in the processing of harvested foods including, fruits, vegetables, nuts, and potatoes, where it achieves non-destructive, 100% inspection in-line at full production volumes.
  • The weight/gravity sorter segment is estimated to witness the fastest CAGR from 2021 to 2028. It is widely used in the pharmaceutical industry, healthcare RD, and manufacturing departments.
  • The others segment includes tilt tray, push tray, and case sorters. Tilt tray sorters allow bi-dimensional unloading and directing of objects to both sides of the sorter. It provides a secure method of transfer for automated sortation as the product is positioned within the confines of the tray, thereby augmenting its demand over the forecast period.

Based on the End-use Insights, the market is segmented into Food Beverage Industry, Pharmaceutical, Waste Recycling, Mining, Others.

  • The food beverage industry led the market with a revenue share of over 41% in 2020. Food growers, processors, and packers use these machines to sort a variety of fresh, whole products processed foods to minimize waste and maximize output.
  • Resin sorting machines can identify different types of resins including PVC, PE, HDPE, and PLA. They also help in recycling since the discarded materials are stored in bins. These factors are driving the market growth positively.
  • The pharmaceutical industry is expected to grow at the fastest CAGR from 2021 to 2028 as these machines are useful for sorting tablets and capsules by weight for quality control. Various pharmaceutical companies are using it as it improves product quality as well as production. 
  • They are also used in various other industries including tobacco processing, nutraceutical, agriculture, and logistics. In the agriculture industry, they are used to sorting various grains based on size and color.

Sorting Machines Regional Outlook 

  • North America
  • Europe
  • Asia Pacific
  • Central South America
  • Middle East Africa (MEA)

Key Companies Profile Market Share Insights

The product demand is witnessing considerable growth across various end-use industries including food beverage, mining, pharmaceutical, and waste recycling, resulting in an increased number of new players entering the market. The key manufacturers are investing in RD to develop new products and to increase the consumer base.

Some prominent players in the global sorting machines market include

  • TOMRA
  • BarcoVision
  • Daewon GSE
  • BT-Wolfgang Binder
  • Bühler Sortex
  • Sesotec
  • Raytec Vision
  • Concept Engineers
  • Key Technology
  • Satake Corp.
  • CP Global
  • National Recovery Technologies
  • GREEFA
  • Allgaier Werke
  • Cimbria

Order a free sample PDF of the Sorting Machines Market Intelligence Study, published by Grand View Research. 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Comments