By the end of 2032, the global sorting equipment market is expected to generate an additional opportunity of US$ 7.5 billion from its total size of US$ 3.7 billion in 2021. By 2021, it is anticipated that the global market for sorting equipment will exceed US$ 3.9 billion, growing at a CAGR of 5% to 6% from 2022 to 2032.
These tools also automatically classify objects according to their structural properties, chemical composition, weight, colour, size, and shape, among other things. Sorting equipment, a type of industrial machinery, is used to separate products, arrange them in an orderly fashion, and group them together. These tools are designed to simplify sorting procedures and automatically separate items according to their structural qualities, colour, weight, size, and other factors.
Additionally, there are numerous uses for sorting, including the organisation of books, consumer goods, and other items. Sorting equipment are considered to make things easier and the sorting equipment techniques can be digital sorting, optical sorting, magnet sorting, sensor sorting to name a few more.
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Material handling involves movement, storage, control and protection of materials during their manufacturing, distribution, consumption, and disposal. There are different material handling systems and equipment uses in industrial plants such as sorting equipment. The process of sorting helps in several purposes such as component segregation, assembling and packing identical items by a section.
Market Participants
Examples of some of the market participants/vendors identified in the Sorting Equipment Market across the globe are: Sesotec, Tomra, Greefa, B uhler Sortex, BarcoVision, Satake USA, Key Technology, Meyer, Aweta, Daewon GSE, Raytec Vision, Concept Engineers, RTT Steinert, BT Wolfgang Bnder, TaiHo, MSS, Pellenc, CP Manufacturing, MSS, Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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Sorting Equipment Market: Driver
Increase in demand for process automation in food industry is anticipated to fuel the demand for sorting equipment market. Moreover, in many industrial sectors (such as pharmaceutical and automotive) is of high importance. Sorting machine can be more cost efficient and operate quickly, while ensuring the quality of the product which is never compromised. Therefore, it will drive the demand for sorting equipment market.
Sorting Equipment Market: Restraint
The restraining factor of the sorting equipment market is the high cost of this equipment and their number of extra parts that increase the price of the equipment. Moreover the current installed base which has a reasonable shelf life will cause limited progress of the market where comparatively less number of new units is likely to be secured by end use customers. Also, slowdown of manufacturing industries in developed countries is another factor as a limits the demand for Sorting Equipment market
Sorting Equipment Market: Trend
Nowadays, optical sorting equipment are on high demand. These sorters are substituting manual sorting processes in the food industry owing to the shortage in the rising labor costs, and an enlarged demand from consumers who want high-quality systems. The rising labor costs are compelling several sectors to implement these systems to perform time-consuming and critical tasks.
The food industry is growing its focus on installing automation for increasing the productivity. From getting raw material to checking the finished products, these systems are being executed into the production lines to help in reviewing the production volumes. Moreover, these systems help in removing foreign defective & material products and help in achieving improved product quality and decreased operational costs, thereby driving the sorter equipment (optical) market demand.
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Key Segments :
By Product Type:
• Freefall Sorter
• Channel Sorter
• Automated Defect Removal (ADR)
• Belt Sorters
• Optical Sorter
By End Use:
• Chemical Industry
• Food Industry
• Pharmaceutical Industry
• Plastic Industry
• Wood Industry
• Agriculture Industry
• Packaging Industry
• Others
By Region:
• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East and Africa
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