Color sorters are machines which are used on the production lines in bulk food processing as well as in other industries. These are also called as digital sorters or optical sorters or electronic color sorters. These machines separate items by their colors, detecting the colors of things which pass before them, & using pneumatic or mechanical ejection devices to sidetrack items whose colors do not fall in the acceptable range or which are preferred to form a separate group from the rest. Rising trend of premiumisation, growing demand for processed food, increasing food processing automation, as well as system integration are driving factors for the growth of global color sorter market.
According to AMA, the market for Color Sorter is expected to register a CAGR of 9.6% during the forecast period to 2026. This growth is primarily driven by Growing Need to Decrease Process & Delivery Time in the Food Industry, Increasing Focus on Automation to Rise Productivity in Many Industries and Strict Government Regulations about Food Safety.
The Machinery & Equipment sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Tomra Systems ASA (Norway), The Bühler Holding AG (Switzerland), Key Technology Inc. (United States), Binder + Co (Austria), Satake Corporation (Japan), ALLGAIER WERKE GMBH (Germany), AGCO Corporation (United States), CP Manufacturing, Inc. (United States), GREEFA (Netherlands) and PELLENC Selective Technologies SA (France) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In January 2019, Satake Corporation has announced a merger of two of its subsidiaries in Australia, Denny's Engineering & Welding Pty. Ltd. (DEW) and Satake Australia Pty. Ltd. (SAU). This merger has started on January 1st, 2019. DEW is now a Denny's Silo division of SAU & it continues designing & manufacturing of grain silos as well as grain handling equipment under "Denny's" brand.
- Growing Need to Decrease Process & Delivery Time in the Food Industry
- Increasing Focus on Automation to Rise Productivity in Many Industries
- Strict Government Regulations about Food Safety
- Huge Initial Capital Investment
OpportunitiesDevelopments in Detection Technologies & Intelligent Software and Increasing Acceptance of Sorting Equipment in the Recycling Industry
ChallengesComplications in Sorting Plastic Waste
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the ReportAMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Color Sorter Study Sheds Light on The Color Sorter Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Color Sorter industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Color Sorter industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):
1. What is the growth rate predicted for the Global Color Sorter Market?
The Color Sorter market is expected to see a CAGR of 9.6% during projected year 2020 to 2026.
2. Who are the top performing companies in Color Sorter Market?
Top performing companies in the Global Color Sorter market are Tomra Systems ASA (Norway), The Bühler Holding AG (Switzerland), Key Technology Inc. (United States), Binder + Co (Austria), Satake Corporation (Japan), ALLGAIER WERKE GMBH (Germany), AGCO Corporation (United States), CP Manufacturing, Inc. (United States), GREEFA (Netherlands) and PELLENC Selective Technologies SA (France), to name a few.
3. Which region dominated the worldwide market for Color Sorter in 2020?
North America is dominating the Color Sorter Market.