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Global Sorting Equipment Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The sorting equipment market is poised to grow by USD 639.68 mn during 2020-2024, progressing at a CAGR of 8% during the forecast period. The report on the sorting equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing applications of sorting equipment in waste recycling industry, increasing adoption of smart manufacturing, and technological advancements in fruit sorting equipment. Also, growing applications of sorting equipment in waste recycling industry is anticipated to boost the growth of the market as well.
The sorting equipment market analysis include end-user segments and geographic landscape.
The sorting equipment market is segmented as below:
By End-user
- Food sorting
- Waste sorting
- Mineral sorting
By Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
This study identifies the upgradation and modernization of equipment as one of the prime reasons driving the sorting equipment market growth during the next few years. Also, shift of mining activities to emerging economies and strategic partnerships between sorting equipment manufacturers and information technology companies will lead to sizable demand in the market.
The sorting equipment market covers the following areas:
- Sorting equipment market sizing
- Sorting equipment market forecast
- Sorting equipment market industry analysis
This robust vendor analysis is designed to help clients improve their market position. In line with this, this report provides a detailed analysis of several leading sorting equipment market vendors that include Aweta, BT-Wolfgang Binder GmbH, Bühler AG, DAEWON GSI Co. Ltd., Duravant LLC, Hefei Meyer Optoelectronic Technology Inc., Itema Spa, RAYTEC VISION Spa, Sesotec GmbH, and TOMRA. Also, the sorting equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of critical parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
List of Exhibits
Executive Summary
The research recognizes the following companies as the key players in the global sorting equipment market: Aweta, BT-Wolfgang Binder GmbH, Bühler AG, DAEWON GSI Co. Ltd., Duravant LLC, Hefei Meyer Optoelectronic Technology Inc., Itema Spa, RAYTEC VISION Spa, Sesotec GmbH, and TOMRA.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the upgradation and modernization of equipment."
According to the report, one of the major drivers for this market is the growing applications of sorting equipment in waste recycling industry.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aweta
- BT-Wolfgang Binder GmbH
- Bühler AG
- DAEWON GSI Co. Ltd.
- Duravant LLC
- Hefei Meyer Optoelectronic Technology Inc.
- Itema Spa
- RAYTEC VISION Spa
- Sesotec GmbH
- TOMRA