Market Overview:
The global NIR sorting systems market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for food safety and quality, rising awareness about plastic recycling, and growing adoption of NIR sorting systems in mining applications. Based on type, the global NIR sorting systems market is segmented into crawler sorters and vertical sorters. Crawler sorters are expected to account for a larger share of the market than vertical sorters during the forecast period. This can be attributed to their ability to handle large volumes of material at high speeds. Based on application, the global NIR sorting systems market is segmented into food industry, plastic recycling, mining, and others (including textile industry and automotive industry). The food industry is expected to account for a larger share of the market than other applications during the forecast period. This can be attributed to stringent regulations pertaining to food safety across regions worldwide.
Product Definition:
NIR sorting systems are machines that use near-infrared light to identify and separate different types of objects or materials. They are important because they can quickly and accurately sort objects based on their chemical composition, which can be helpful in many industries.
Crawler Sorter:
Crawler sorter is a device used to sort the inventory into different categories based on the weight or size of an article. It is mainly used in retail stores, warehouses and factories for moving products from one place to another within a storage facility. The main objective of crawler sorters is to reduce manual labor by automating the movement of goods within a storage facility.
The global market for crawler sorters was estimated at USD 1,64,000 thousand in 2015.
Vertical Sorter:
Vertical sorter is a device used in NIR sorting systems to sort the product based on their wavelength. It has an array of sensors and optical fibers that scan the products at different angles. The data obtained from these sensors is transferred to another system where it is processed and displayed as per requirements.
The major advantage of vertical sorter over horizontal sorters includes its ability to handle large quantities of products, ability to sort numerous items simultaneously,.
Application Insights:
The food industry segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The sorting systems are used to separate solid waste from wastewater, milk, juice or water-based liquids, grains or cereals from other solids in bulk feed materials. The equipment also helps remove foreign particles such as dirt and silt while separating out different types of seeds.
The plastic recycling segment is anticipated to exhibit a lucrative CAGR during the forecast period owing to rising demand for recycled plastics across various end-use industries including construction material manufacturing and automotive components manufacturing. Plastic bottles are one of the major problems affecting marine life because they cannot be digested by microorganisms due to their small size; however, this does not prevent them from becoming a threat on land where animals can easily eat them or get entangled in them leading to death through suffocation or strangulation caused by neck compression among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing industrialization and rapid urbanization, especially in China and India. In addition, rising disposable income levels are anticipated to fuel the demand for consumer goods, which will further drive industry growth over the next eight years.
Europe accounted for a significant share of revenue owing to early adoption of these systems across various applications such as plastic recycling and food industries.
Growth Factors:
- Increasing demand for high-quality fruits and vegetables
- Rising awareness about the benefits of NIR sorting systems
- Growing number of food processing companies adopting NIR sorting systems
- Technological advancements in NIR sorting systems
- Rising demand for organic fruits and vegetables
Scope Of The Report
Report Attributes
Report Details
Report Title
NIR Sorting Systems Market Research Report
By Type
Crawler Sorter, Vertical Sorter
By Application
Food Industry, Plastic Recycling, Mining, Others
By Companies
Tomra, Buhler, Key Technology, Binder, Satake, Allgaier Werke, Cimbria, CP Manufacturing, Greefa, Newtec, National Recovery Technologies, Pellenc ST, Raytec Vision, Sesotec, Steinert, Meyer Optoelectronic Technology, Taihe Optoelectronic Technology
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global NIR Sorting Systems Market Report Segments:
The global NIR Sorting Systems market is segmented on the basis of:
Types
Crawler Sorter, Vertical Sorter
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 Industry, Plastic Recycling, Mining, 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
- Buhler
- Key Technology
- Binder
- Satake
- Allgaier Werke
- Cimbria
- CP Manufacturing
- Greefa
- Newtec
- National Recovery Technologies
- Pellenc ST
- Raytec Vision
- Sesotec
- Steinert
- Meyer Optoelectronic Technology
- Taihe Optoelectronic Technology
Highlights of The NIR Sorting Systems 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:
- Crawler Sorter
- Vertical Sorter
- By Application:
- Food Industry
- Plastic Recycling
- Mining
- 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 NIR Sorting Systems 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.
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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?
NIR sorting systems are a type of optical sensor that can be used to sort objects based on their infrared radiation. This technology is often used in industrial applications, such as sorting materials by temperature or material composition.
Some of the key players operating in the nir sorting systems market are Tomra, Buhler, Key Technology, Binder, Satake, Allgaier Werke, Cimbria, CP Manufacturing, Greefa, Newtec, National Recovery Technologies, Pellenc ST, Raytec Vision, Sesotec, Steinert, Meyer Optoelectronic Technology, Taihe Optoelectronic Technology.
The nir sorting systems market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. NIR Sorting Systems Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. NIR Sorting Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. NIR Sorting Systems Market - Supply Chain
4.5. Global NIR Sorting Systems Market Forecast
4.5.1. NIR Sorting Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. NIR Sorting Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. NIR Sorting Systems Market Absolute $ Opportunity
5. Global NIR Sorting Systems Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. NIR Sorting Systems Market Size and Volume Forecast by Type
5.3.1. Crawler Sorter
5.3.2. Vertical Sorter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global NIR Sorting Systems Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. NIR Sorting Systems Market Size and Volume Forecast by Application
6.3.1. Food Industry
6.3.2. Plastic Recycling
6.3.3. Mining
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global NIR Sorting Systems Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. NIR Sorting Systems Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global NIR Sorting Systems Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. NIR Sorting Systems Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global NIR Sorting Systems Demand Share Forecast, 2019-2026
9. North America NIR Sorting Systems Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America NIR Sorting Systems Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America NIR Sorting Systems Market Size and Volume Forecast by Application
9.4.1. Food Industry
9.4.2. Plastic Recycling
9.4.3. Mining
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America NIR Sorting Systems Market Size and Volume Forecast by Type
9.7.1. Crawler Sorter
9.7.2. Vertical Sorter
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America NIR Sorting Systems Demand Share Forecast, 2019-2026
10. Latin America NIR Sorting Systems Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America NIR Sorting Systems Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America NIR Sorting Systems Market Size and Volume Forecast by Application
10.4.1. Food Industry
10.4.2. Plastic Recycling
10.4.3. Mining
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America NIR Sorting Systems Market Size and Volume Forecast by Type
10.7.1. Crawler Sorter
10.7.2. Vertical Sorter
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America NIR Sorting Systems Demand Share Forecast, 2019-2026
11. Europe NIR Sorting Systems Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe NIR Sorting Systems Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe NIR Sorting Systems Market Size and Volume Forecast by Application
11.4.1. Food Industry
11.4.2. Plastic Recycling
11.4.3. Mining
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe NIR Sorting Systems Market Size and Volume Forecast by Type
11.7.1. Crawler Sorter
11.7.2. Vertical Sorter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe NIR Sorting Systems Demand Share, 2019-2026
12. Asia Pacific NIR Sorting Systems Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific NIR Sorting Systems Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific NIR Sorting Systems Market Size and Volume Forecast by Application
12.4.1. Food Industry
12.4.2. Plastic Recycling
12.4.3. Mining
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific NIR Sorting Systems Market Size and Volume Forecast by Type
12.7.1. Crawler Sorter
12.7.2. Vertical Sorter
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific NIR Sorting Systems Demand Share, 2019-2026
13. Middle East & Africa NIR Sorting Systems Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa NIR Sorting Systems Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa NIR Sorting Systems Market Size and Volume Forecast by Application
13.4.1. Food Industry
13.4.2. Plastic Recycling
13.4.3. Mining
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa NIR Sorting Systems Market Size and Volume Forecast by Type
13.7.1. Crawler Sorter
13.7.2. Vertical Sorter
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa NIR Sorting Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global NIR Sorting Systems Market: Market Share Analysis
14.2. NIR Sorting Systems Distributors and Customers
14.3. NIR Sorting Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tomra
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Buhler
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Key Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Binder
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Satake
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Allgaier Werke
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cimbria
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CP Manufacturing
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Greefa
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Newtec
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. National Recovery Technologies
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pellenc ST
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Raytec Vision
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sesotec
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Steinert
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Meyer Optoelectronic Technology
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Taihe Optoelectronic Technology
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook