Market Overview:
The Global Digital Sorting Market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for food safety and security, rising awareness about the benefits of digital sorting technology, and growing adoption of digital sorting technology in various industries such as food, recycling, and mining. Based on type, the global digital sorting market is segmented into cameras, lasers, NIR sorters, hyperspectral cameras & combined sorters. The camera segment dominated the global market in 2017 owing to its wide usage across various industries. However; the hyperspectral camera segment is projected to grow at a highest CAGR during the forecast period due its ability to detect minute defects in products that are not visible through naked eyes. Based on application; food accounted for majority share of global digital sorting market in 2017 followed by recycling and mining applications respectively. Food industry has been increasingly adopting digital sorting technology owing stringent government regulations related with product quality & safety across different countries worldwide .Whereas; recycling sector has been witnessing rapid growth due increasing environmental concerns among consumers regarding disposal of waste materials .
Product Definition:
Digital Sorting is the process of organizing digital data into specific categories or groups. This can be done manually or through the use of software. The importance of digital sorting lies in its ability to make it easier to find and access specific files, as well as to keep your computer's hard drive organized and clutter-free.
Cameras:
Cameras are used in sorting processes for various applications such as bank checks, identification cards, security tapes and photo-reproduction. The market is expected to witness significant growth owing to the increasing use of cameras in digital sorting processes.
The global market for digital sorting was valued at USD 2,250 million in 2013.
Lasers:
Lasers are used in the sorting process to provide a high speed and accuracy. The light beam is used for scanning the product and it helps in providing an identification number to the product. It also helps in tracking inventory efficiently which is one of its major applications.
The lasers use different types of technologies such as semiconductor, dye laser, fiber laser or free-electron laser (FEL).
Application Insights:
The global digital sorting market has been segmented into recycling, food, mining, packaging and others. The food application dominated the overall industry in terms of revenue in 2017. It is expected to maintain its dominance over the forecast period owing to high adoption rates across developed countries coupled with rising demand for packaged foods from developing countries such as China and India.
The recycling segment is projected to witness significant growth over the forecast period due to increasing awareness about environmental issues among consumers across various regions including North America and Europe. Moreover, stringent government regulations regarding waste management are likely to propel industry growth further during the next eight years or so in many Western European countries like Germany France Italy etc., which have a very robust post-recycled materials economy already built up around them (Germany being a notable example).
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its lead over the forecast period owing to rising demand for recycling and mining applications in economies, such as China, India, Japan and South Korea. In addition, increasing government initiatives for sorting automation are also likely to drive regional growth over the next eight years.
The North America market was valued at USD X million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 due to growing adoption of hyperspectral cameras by UAVs manufacturers along with rising demand for high-quality food products across countries like Canada and Mexico that require sorting accuracy on account of stringent regulations regarding quality standards set by regulatory bodies like Health Canada’s Food Inspection Agency (HCFA) or United States Pharmacopeia Convention (USPCC).
Growth Factors:
- Increasing demand for automation in material handling and logistics processes
- Rising need to improve operational efficiency and productivity in manufacturing and processing industries
- Growing popularity of Industrial Internet of Things (IIoT) and big data analytics for sorting operations
- Proliferation of e-commerce and parcel delivery services worldwide
- Emergence of new sorting technologies such as machine learning, artificial intelligence, etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Sorting Market Research Report
By Type
Cameras, Lasers, NIR Sorters, Hyperspectral Cameras & Combined Sorters
By Application
Food, Recycling, Mining
By Companies
TOMRA, Buhler, Key Technology, Binder, Satake, Allgaier Werke, Cimbria, CP Manufacturing, NEWTEC, National Recovery Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Digital Sorting Market Report Segments:
The global Digital Sorting market is segmented on the basis of:
Types
Cameras, Lasers, NIR Sorters, Hyperspectral Cameras & Combined Sorters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Recycling, Mining
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- TOMRA
- Buhler
- Key Technology
- Binder
- Satake
- Allgaier Werke
- Cimbria
- CP Manufacturing
- NEWTEC
- National Recovery Technologies
Highlights of The Digital Sorting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cameras
- Lasers
- NIR Sorters
- Hyperspectral Cameras & Combined Sorters
- By Application:
- Food
- Recycling
- Mining
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Sorting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital sorting is a process of organizing data in digital form. It can be used to sort and organize large amounts of data quickly and easily.
Some of the major players in the digital sorting market are TOMRA, Buhler, Key Technology, Binder, Satake, Allgaier Werke, Cimbria, CP Manufacturing, NEWTEC, National Recovery Technologies.
The digital sorting market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Sorting Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Sorting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Sorting Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Sorting Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Sorting Market Size & Forecast, 2018-2028
4.5.1 Digital Sorting Market Size and Y-o-Y Growth
4.5.2 Digital Sorting Market Absolute $ Opportunity
Chapter 5 Global Digital Sorting Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Sorting Market Size Forecast by Type
5.2.1 Cameras
5.2.2 Lasers
5.2.3 NIR Sorters
5.2.4 Hyperspectral Cameras & Combined Sorters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Sorting Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Sorting Market Size Forecast by Applications
6.2.1 Food
6.2.2 Recycling
6.2.3 Mining
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Sorting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Sorting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Sorting Analysis and Forecast
9.1 Introduction
9.2 North America Digital Sorting Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Sorting Market Size Forecast by Type
9.6.1 Cameras
9.6.2 Lasers
9.6.3 NIR Sorters
9.6.4 Hyperspectral Cameras & Combined Sorters
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Sorting Market Size Forecast by Applications
9.10.1 Food
9.10.2 Recycling
9.10.3 Mining
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Sorting Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Sorting Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Sorting Market Size Forecast by Type
10.6.1 Cameras
10.6.2 Lasers
10.6.3 NIR Sorters
10.6.4 Hyperspectral Cameras & Combined Sorters
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Sorting Market Size Forecast by Applications
10.10.1 Food
10.10.2 Recycling
10.10.3 Mining
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Sorting Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Sorting Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Sorting Market Size Forecast by Type
11.6.1 Cameras
11.6.2 Lasers
11.6.3 NIR Sorters
11.6.4 Hyperspectral Cameras & Combined Sorters
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Sorting Market Size Forecast by Applications
11.10.1 Food
11.10.2 Recycling
11.10.3 Mining
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Sorting Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Sorting Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Sorting Market Size Forecast by Type
12.6.1 Cameras
12.6.2 Lasers
12.6.3 NIR Sorters
12.6.4 Hyperspectral Cameras & Combined Sorters
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Sorting Market Size Forecast by Applications
12.10.1 Food
12.10.2 Recycling
12.10.3 Mining
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Sorting Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Sorting Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Sorting Market Size Forecast by Type
13.6.1 Cameras
13.6.2 Lasers
13.6.3 NIR Sorters
13.6.4 Hyperspectral Cameras & Combined Sorters
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Sorting Market Size Forecast by Applications
13.10.1 Food
13.10.2 Recycling
13.10.3 Mining
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Sorting Market: Competitive Dashboard
14.2 Global Digital Sorting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TOMRA
14.3.2 Buhler
14.3.3 Key Technology
14.3.4 Binder
14.3.5 Satake
14.3.6 Allgaier Werke
14.3.7 Cimbria
14.3.8 CP Manufacturing
14.3.9 NEWTEC
14.3.10 National Recovery Technologies
