The Optical Sorter Market size is estimated at USD 3.11 billion in 2024, and is expected to reach USD 4.99 billion by 2029, growing at a CAGR of 9.93% during the forecast period (2024-2029).
Optical sorting is the process of automating the sorting of solid products by using cameras and sensors individually or in conjunction with each other. Optical sorters can recognize an object’s color, size, shape, structural properties, and chemical composition, subject to the type of sensors used and the effectiveness of the image processing system deployed. The optical sorter is an automated process that enables the user to sort solid products using cameras or, lasers, or both working in conjunction with sensors and software-driven image processing systems.
The Optical Sorter Market is highly fragmented, with the presence of global players and small and medium-sized enterprises. Some of the major players in the market include TOMRA Systems ASA, Eagle Vizion Inc., Key Technology Inc. (A Duravant LLC), Hefei Meyer Optoelectronic Technology Inc., and Machinex Industries Inc. Market players are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
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