Market Overview:
The global electronic and laser sorting equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food safety and quality, rising awareness about recycling, and growing industrialization in developing countries. The electronic sorting equipment segment is expected to account for the majority of the market share during the forecast period, owing to its ability to sort a wide range of materials with high accuracy. The laser sorting equipment segment is projected to grow at a higher CAGR than the electronic sorting equipment segment during the forecast period, as it has superior performance characteristics such as high speed and precision over traditional optical sorters.
Product Definition:
The term electronic sorting equipment refers to machines that use optical sensors and computer processors to identify and separate different objects, materials, or substances. Electronic sorting equipment is often used in manufacturing and recycling operations to separate different types of products or raw materials.
Electronic Sorting Equipment:
Electronic Sorting Equipment is used in sorting numerous small and large parts, components, products and finished goods on the basis of their color, size or shape. The growth factor for electronic sorting equipment market is high demand from consumer electronics industry due to the need for high volume production with improved quality.
The global electronic sorter's market was valued at USD 6.5 billion in 2015.
Laser Sorting Equipment:
Laser sorters are used to sort numerous products, such as mail, packages, files and papers. The equipment is available in two types: portable and stationary. Portable sorting equipment can be either wheeled or non-wheeled; they are also known as handheld devices. Stationary laser sorters include floor models that can be incorporated into an office environment or a warehouse setting where heavy material handling is required.
Application Insights:
The others application segment includes textiles, paper and packaging. Electronic sorting equipment is widely used in the paper and packaging industry for various applications such as picking, screening and processing. The recycling sector is expected to be one of the prominent users of e-sorts as it offers numerous advantages over its manual counterparts including increased accuracy, faster scanning speed, real-time data transmission through wireless technology among others.
Food application segment accounted for a significant market share in 2017 owing to increasing demand from end-use industries such as food manufacturing plants that require sorted materials at their respective production stages. Laser sorts are also being increasingly used in this sector due to their ability to offer high precision while sorting out different types of materials such as fruits & vegetables, meat products among others which are required by specific production stages within the food industry.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of electronic and laser sorting equipment manufacturers, along with increased adoption of automation in industries. The region is expected to maintain its dominance over the forecast period as well owing to technological advancements such as machine learning and artificial intelligence used for sorting.
Asia Pacific is expected to grow at a lucrative rate over the forecast period due to increasing demand from recycling applications. Countries such as Japan, South Korea, China, Taiwan have established strong connections with their respective governments regarding waste management policies and practices.
Growth Factors:
- Increasing demand for high-quality and defect-free products from consumers
- Rising need to improve operational efficiency and reduce manufacturing costs
- Proliferation of automated systems in various industries
- Growing popularity of laser sorting technology over traditional methods
- Emergence of new applications for electronic and laser sorting equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic and Laser Sorting Equipment Market Research Report
By Type
Electronic Sorting Equipment, Laser Sorting Equipment
By Application
Food, Recycling, Others
By Companies
TOMRA, Meyer, Satake, SHIBUYA SEIKI, Cimbria, Raytec Vision
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Electronic and Laser Sorting Equipment Market Report Segments:
The global Electronic and Laser Sorting Equipment market is segmented on the basis of:
Types
Electronic Sorting Equipment, Laser Sorting Equipment
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, Others
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
- Meyer
- Satake
- SHIBUYA SEIKI
- Cimbria
- Raytec Vision
Highlights of The Electronic and Laser Sorting Equipment 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:
- Electronic Sorting Equipment
- Laser Sorting Equipment
- By Application:
- Food
- Recycling
- Others
- 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 Electronic and Laser Sorting Equipment 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?
Electronic and laser sorting equipment is a type of machine that can be used to sort materials. This equipment uses electronic or laser sensors to identify specific items, and then sorts the materials accordingly. This technology is often used in warehouses, factories, and other industrial settings where it is important to quickly and accurately sort large quantities of material.
Some of the key players operating in the electronic and laser sorting equipment market are TOMRA, Meyer, Satake, SHIBUYA SEIKI, Cimbria, Raytec Vision.
The electronic and laser sorting equipment 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 Electronic and Laser Sorting Equipment 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 Electronic and Laser Sorting Equipment Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electronic and Laser Sorting Equipment 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 Electronic and Laser Sorting Equipment 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 Electronic and Laser Sorting Equipment Market Size & Forecast, 2018-2028 4.5.1 Electronic and Laser Sorting Equipment Market Size and Y-o-Y Growth 4.5.2 Electronic and Laser Sorting Equipment Market Absolute $ Opportunity
Chapter 5 Global Electronic and Laser Sorting Equipment 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 Electronic and Laser Sorting Equipment Market Size Forecast by Type
5.2.1 Electronic Sorting Equipment
5.2.2 Laser Sorting Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electronic and Laser Sorting Equipment 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 Electronic and Laser Sorting Equipment Market Size Forecast by Applications
6.2.1 Food
6.2.2 Recycling
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic and Laser Sorting Equipment 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 Electronic and Laser Sorting Equipment 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 Electronic and Laser Sorting Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Electronic and Laser Sorting Equipment 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 Electronic and Laser Sorting Equipment Market Size Forecast by Type
9.6.1 Electronic Sorting Equipment
9.6.2 Laser Sorting Equipment
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 Electronic and Laser Sorting Equipment Market Size Forecast by Applications
9.10.1 Food
9.10.2 Recycling
9.10.3 Others
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 Electronic and Laser Sorting Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Electronic and Laser Sorting Equipment 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 Electronic and Laser Sorting Equipment Market Size Forecast by Type
10.6.1 Electronic Sorting Equipment
10.6.2 Laser Sorting Equipment
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 Electronic and Laser Sorting Equipment Market Size Forecast by Applications
10.10.1 Food
10.10.2 Recycling
10.10.3 Others
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 Electronic and Laser Sorting Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electronic and Laser Sorting Equipment 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 Electronic and Laser Sorting Equipment Market Size Forecast by Type
11.6.1 Electronic Sorting Equipment
11.6.2 Laser Sorting Equipment
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 Electronic and Laser Sorting Equipment Market Size Forecast by Applications
11.10.1 Food
11.10.2 Recycling
11.10.3 Others
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 Electronic and Laser Sorting Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Electronic and Laser Sorting Equipment 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 Electronic and Laser Sorting Equipment Market Size Forecast by Type
12.6.1 Electronic Sorting Equipment
12.6.2 Laser Sorting Equipment
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 Electronic and Laser Sorting Equipment Market Size Forecast by Applications
12.10.1 Food
12.10.2 Recycling
12.10.3 Others
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) Electronic and Laser Sorting Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electronic and Laser Sorting Equipment 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) Electronic and Laser Sorting Equipment Market Size Forecast by Type
13.6.1 Electronic Sorting Equipment
13.6.2 Laser Sorting Equipment
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) Electronic and Laser Sorting Equipment Market Size Forecast by Applications
13.10.1 Food
13.10.2 Recycling
13.10.3 Others
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 Electronic and Laser Sorting Equipment Market: Competitive Dashboard
14.2 Global Electronic and Laser Sorting Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TOMRA
14.3.2 Meyer
14.3.3 Satake
14.3.4 SHIBUYA SEIKI
14.3.5 Cimbria
14.3.6 Raytec Vision