Sorting Equipment Trends and Forecast
The future of the global sorting equipment market looks promising with opportunities in the chemical, food, pharmaceutical, agriculture, and packaging markets. The global sorting equipment market is expected to reach an estimated $5.9 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are increasing emphasis on quality assurance and food safety, rising need for sustainable waste management techniques, and growing apprehension over no-touch delivery.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Sorting Equipment by Segment
The study includes a forecast for the global sorting equipment by product type, end use, and region.
Sorting Equipment Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Freefall Sorter
• Channel Sorter
• Automated Defect Remover
• Belt Sorters
• Optical Sorters
Sorting Equipment Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Chemical
• Food
• Pharmaceutical
• Agriculture
• Packaging
• Others
Sorting Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Sorting Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sorting equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sorting equipment companies profiled in this report include-
• TOMRA
• AWETA
• Raytec Vision
• Duravant
• Sesotec
• Buhler Group
• GREEFA
• CP Group
• Optimum
• CFT
Sorting Equipment Market Insights
Lucintel forecasts that optical sorter will remain the largest segment over the forecast period.
Within this market, pharmaceutical is expected to witness the highest growth over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Sorting Equipment Market
Market Size Estimates: Sorting equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Sorting equipment market size by product type, end use, and region in terms of value ($B).
Regional Analysis: Sorting equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, end uses, and regions for the sorting equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sorting equipment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the sorting equipment market size?
Answer: The global sorting equipment market is expected to reach an estimated $5.9 billion by 2030.
Q2. What is the growth forecast for sorting equipment market?
Answer: The global sorting equipment market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the sorting equipment market?
Answer: The major drivers for this market are increasing emphasis on quality assurance and food safety, rising need for sustainable waste management techniques, and growing apprehension over no-touch delivery.
Q4. What are the major segments for sorting equipment market?
Answer: The future of the sorting equipment market looks promising with opportunities in the chemical, food, pharmaceutical, agriculture, and packaging markets.
Q5. Who are the key sorting equipment market companies?
Answer: Some of the key sorting equipment companies are as follows:
• TOMRA
• AWETA
• Raytec Vision
• Duravant
• Sesotec
• Buhler Group
• GREEFA
• CP Group
• Optimum
• CFT
Q6. Which sorting equipment market segment will be the largest in future?
Answer: Lucintel forecasts that optical sorter will remain the largest segment over the forecast period.
Q7. In sorting equipment market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the sorting equipment market by product type (freefall sorter, channel sorter, automated defect remover, belt sorters, and optical sorters), end use (chemical, food, pharmaceutical, agriculture, packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Sorting Equipment Market, Sorting Equipment Market Size, Sorting Equipment Market Growth, Sorting Equipment Market Analysis, Sorting Equipment Market Report, Sorting Equipment Market Share, Sorting Equipment Market Trends, Sorting Equipment Market Forecast, Sorting Equipment Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.