The market for optical sorters in europe is expected to witness rapid growth due to advancement in technology such as the digital sorting system which is. Optical sorter market report data has been gathered from industry specialistexperts.
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September 28 2018 authors.
Optical sorter market. Ankita bhutani pallavi bhardwaj share optical sorter market size is set to exceed usd 3 billion by 2024 according to a new research report by global market insights inc. Optical sorter market to exceed 3bn by 2024. Increasing food safety and security is the most prominent factor which is driving the growth of the optical sorter machine market. Optical sorter market size valued at over usd 15 billion in 2017 and will grow at a cagr of around 9 from 2018 to 2024 impelled by growing need to reduce the process and delivery time as belt sorting machinery is witnessing a significant demand from recycling mining and food industries. The optical sorter market in this region has a huge demand due to the increasing usage of food sorting machines in food industries which is propelling the market growth to a large extent. Optical sorter market is estimated to be worth usd 163 billion in 2017 and is expected to reach usd 287 billion by 2023 at a cagr of 98 between 2017 and 2023. Although the market size of the market is studied and predicted from 2019 to 2028 mulling over 2016 as the. Global optical sorter machine market by camera is expected to grow at cagr 920 during the forecast period 20192026. Trends in optical sorter machine. 156 pages report optical sorter market categorizes global market by type camera laser nir sorter and hyperspectral camera combined sorters platform belt freefall lane and hybrid application food recycling and mining and geography. The rising focus on automation to increase the productivity will provide an impetus to the optical sorter market.
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