Global Sorting Equipment Market 2017-2021
About Sorting Equipment
Sorting equipment refers to devices, such as lasers and cameras, that sort solid products in an automated manner. This type of sorting mechanism is also known as optical or digital sorting technology. The sorting equipment can sort objects based on size, color, shape, chemical composition, and structural properties.
Technavio’s analysts forecast the global sorting equipment market to grow at a CAGR of 7.54% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global sorting equipment market for 2017-2021. To calculate the market size, the report considers the sales of sorting equipment.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Sorting Equipment Market 2017-2021
Technavio recognizes the following companies as the key players in the global sorting equipment market: Tomra, Sesotec, Bühler Sortex, Key Technology, BarcoVision, Satake USA, Aweta, Meyer, Daewon GSE, Raytec Vision, Greefa, Concept Engineers, TaiHo, RTT STEINERT, BT-Wolfgang Binder, Binder+Co, MSS, and PELLENC.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is changes in lifestyle affecting food preferences of consumers. Hectic lifestyles have compelled consumers to opt for easy-to-cook foods due to their convenience. In addition, processed foods have a longer shelf life compared to fresh food.”
According to the report, one driver in the market is growing concerns about food quality. Food security is one of the biggest concerns worldwide. The have been numerous instances of foodborne illnesses and contamination in recent times. Spoilt or low-quality food can result in serious health implications and even death. Food manufacturers need to ensure the quality of food before the packaging stage. The fresh produce or raw materials contain contaminants and germs, while some materials are of inferior quality.
Further, the report states that one challenge in the market is high cost of sorting equipment. Sorting equipment are complex systems that comprise numerous parts that add to the cost of the overall end-product. This results in the product becoming considerably expensive. Most SMEs have limited budgets and are not able to afford such expensive systems. Professionals are required to operate these systems, which involve complex and lengthy procedures. The demand for high wages from these skilled individuals is another constraint for SMEs.
Tomra, Sesotec, Bühler Sortex, Key Technology, BarcoVision, Satake USA, Aweta, Meyer, Daewon GSE, Raytec Vision, Greefa, Concept Engineers, TaiHo, RTT STEINERT, BT-Wolfgang Binder, Binder+Co, MSS, and PELLENC.
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