Global Sorting Machines Market Size study, By End-Use (Mining, Food & Beverage, Pharmaceutical, Others), By Product (Weight/ Gravity Sorter, Optical Sorter, Others) and Regional Forecasts 2021-2027

Global Sorting Machines Market Size study, By End-Use (Mining, Food & Beverage, Pharmaceutical, Others), By Product (Weight/ Gravity Sorter, Optical Sorter, Others) and Regional Forecasts 2021-2027

Global Sorting Machines Market is valued at approximately USD 3.81 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.9 % over the forecast period 2021-2027. Sorting Machines are used to arrange the items systematically or group similar items. It is used in mining, pharmaceutical, food and beverages industries. The increasing investments in the food and beverages industries have led to the adoption of Sorting Machines across the forecast period. For Instance: according to the Good Food Institute (gfi.org) investment in the food and beverage industry is increasing rapidly. Alternate protein companies received USD 3.1 billion investment in 2020. Plant-based meat, egg and dairy received USD 2.1 billion investment in 2020. Increasing expenditure in mining enhances the market growth of sorting machines .Also, with the increasing demand from various industries, the adoption & demand for Sorting Machines is likely to increase the market growth during the forecast period. However, deployment cost impedes the growth of the market over the forecast period of 2021-2027.

The geographical regions considered for the global Sorting Machines market analysis includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is deemed as the significant region across the globe in terms of huge market share due to the increasing demand for food and beverages industries rising technological advancements and increasing awareness towards cost effective machinery for sorting purpose. Whereas, Asia-Pacific is also estimated to attain a maximum growth rate during 2021-2027. Factors such as rapid increase in mining, pharmaceutical industries and increasing awareness towards the cleanliness of environment by sorting machines would create beneficial growth forecasts for the Sorting Machines market across Asia-Pacific region.

Major market players included in this report are:
TOMRA
BarcoVision
Daewon GSE
BT-Wolfgang Binder
Bühler Sortex
Sesotec
Raytec Vision
Concept Engineers
Key Technology
Satake Corporation


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By End Use:
Mining
Food & Beverage
Pharmaceutical
Others
By Product:
Optical Sorter
Weight/Gravity Sorter
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Sorting Machines Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

TOMRA
BarcoVision
Daewon GSE
BT-Wolfgang Binder
Bühler Sortex
Sesotec
Raytec Vision
Concept Engineers
Key Technology
Satake Corporation

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