Market Overview:
Color sorters are machines which are used on the production lines in bulk food processing as well as in other industries. These are also called as digital sorters or optical sorters or electronic color sorters. These machines separate items by their colors, detecting the colors of things which pass before them, & using pneumatic or mechanical ejection devices to sidetrack items whose colors do not fall in the acceptable range or which are preferred to form a separate group from the rest. Rising trend of premiumisation, growing demand for processed food, increasing food processing automation, as well as system integration are driving factors for the growth of global color sorter market.
Asia-Pacific is projected to be the fastest-growing market, expanding at a CAGR of
% from 2023 to 2030.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Tomra Systems ASA (Norway), The Bühler Holding AG (Switzerland), Key Technology Inc. (United States), Binder + Co (Austria), Satake Corporation (Japan), ALLGAIER WERKE GMBH (Germany), AGCO Corporation (United States), CP Manufacturing, Inc. (United States), GREEFA (Netherlands) and PELLENC Selective Technologies SA (France) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Manufacturers of Color Sorter Market Study:
Tomra Systems ASA (Norway), The Bühler Holding AG (Switzerland), Key Technology Inc. (United States), Binder + Co (Austria), Satake Corporation (Japan), ALLGAIER WERKE GMBH (Germany), AGCO Corporation (United States), CP Manufacturing, Inc. (United States), GREEFA (Netherlands) and PELLENC Selective Technologies SA (France)
Color Sorter Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Food, Recycling and Mining |
Technology | Camera,Laser,LED,X-ray,Others |
Platform | Belt,Freefall,Lane,Hybrid |
Influencing Trend:
Launch of Specific Color Sorter for Specific Applications
Market Growth Drivers:
Growing Need to Decrease Process & Delivery Time in the Food Industry, Increasing Focus on Automation to Rise Productivity in Many Industries and Strict Government Regulations about Food Safety
Challenges:
Complications in Sorting Plastic Waste
Restraints:
Huge Initial Capital Investment
Opportunities:
Developments in Detection Technologies & Intelligent Software and Increasing Acceptance of Sorting Equipment in the Recycling Industry
Some of the other players that are also part of study are Sesotec Gmbh (Germany), NEWTEC (Denmark) and Steinert GmbH (Germany). The Global Color Sorter market is gaining huge competition due to involvement of German, French, and United States companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
On May 2021, The introduction of Satake's newest optical sorter, NIRAMI, which is bigger and has a higher sorting capacity, has been announced. The NIRAMI, according to Satake, is made to efficiently sort grains, pulses, seeds, and a variety of other items. Nirami is excellent for a variety of applications and processing capabilities, the business added, and is available in a range of sizes with exceptionally broad chutes.
In January 2019, Satake Corporation has announced a merger of two of its subsidiaries in Australia, Denny's Engineering & Welding Pty. Ltd. (DEW) and Satake Australia Pty. Ltd. (SAU). This merger has started on January 1st, 2019. DEW is now a Denny's Silo division of SAU & it continues designing & manufacturing of grain silos as well as grain handling equipment under "Denny's" brand.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Color Sorter market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Color Sorter market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Color Sorter Manufacturers, Component and Material Providers, Associations, Alliances, and Organisations Related To Color Sorter, Government and Research Organisations, Food Industry, Recycling Industry, Mining Industry, Industry Associations and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.