Automatic color sorting machines are specially developed machines with a wide range of applications in the food processing and other processing sectors for the automated sorting of commodities based on their visual appearance. The machine component sorts the commodities according to the programmed mechanical sorting component after identifying them based on their visual appearance through optical characteristics. The devices can be used in a wide range of industries, including agricultural, food and beverage, waste recycling, and mining, to name a few.
MARKET SCOPE
The "Global Automatic Color Sorting Machine Market Analysis to 2028" is a specialized and in-depth study of the Automatic color sorting machine Market with a special focus on the global market trend analysis. The report aims to provide an overview of automatic color sorting machine market with detailed market segmentation by component and end-user industry. The global automatic color sorting machine market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automatic color sorting machine market player and offers key trends and opportunities in the automatic color sorting machine market.
MARKET SEGMENTATION
- Based on component the market is segmented as, camera, laser, LED, sensors and others.
- Based on end-user industry the market is segmented as, agriculture, food and beverage, waste recycling and others.
MARKET DYNAMICS
Drivers-
- Machine learning and AI-based industrial solutions are increasingly being used to improve manufacturing capacities, resulting in a significant increase in machine penetration across several industrial verticals.
- Furthermore, other connected benefits of the machine, including as decreased labour costs, return on investment, efficiency, speed in the production line, and increased quality control, among others, are likely to gain traction in the coming years, driving the market's growth.
- Growing automation across industry verticals is also expected to propel market growth forward.
Restraints-
- Involvement of high initial capital investment is expected to restrain market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automatic color sorting machine market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automatic color sorting machine market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automatic color sorting machine Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automatic color sorting machine market in these regions.
IMPACT OF COVID-19 ON AUTOMATIC COLOR SORTING MACHINE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The reports cover key developments in the automatic color sorting machine market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automatic color sorting machine market are anticipated to lucrative growth opportunities in the future with the rising demand for automatic color sorting machine market. Below mentioned is the list of few companies engaged in the automatic color sorting machine market.
The report also includes the profiles of key automatic color sorting machine market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- COMAS CO LTD.
- CSG Group
- Genn Controls India Private Limited
- Hefei Growking Optoelectronic Technology Co.,Ltd
- Klaus Ruttmann GmbH
- Newtec AS
- Promech Industries Private Limited
- Satake USA, Inc.
- Sortex Group
- TOMRA Group