Dublin, March 12, 2021 (GLOBE NEWSWIRE) -- The "Global Sorting Equipment Market - Analysis By Product Type (Weight, Size, Others), Application, By Region, By Country (2021 Edition): Market Insights, Covid-19 Impact, Competition and Forecast (2021-2026)" report has been added to ResearchAndMarkets.com's offering.
The Global Sorting Equipment Market was valued at USD 3221.18 Million in the year 2020.
The report presents the analysis of Sorting Equipment market for the historical period of 2016-2020 and the forecast period of 2021-2026.
Sorting Equipment market is expected to mark significant growth over forecasted period owing to increasing consumers spending on reducing landfills, increases recycling rates applications and lower down greenhouse emission. With increased focus on environment protection, the Sorting Equipment market is likely to witness a strong growth in coming years. Further, increasing demand for the recycling projects expected to drive the market growth over the forecasted period.
Several food safety systems, legislation, and controls are being developed for controlling the microbiological and chemical hazards to reduce the risks to consumer health. Several government regulatory bodies are establishing a food safety strategy that will help in the traceability of food items at several stages including processing, production, and distribution.
Asia Pacific region holds the major Sorting Equipment market share of around 42.14% in 2020. Innovation and development of resource recycling projects has led to the increasing demand for Sorting Equipment. Further, economies like Japan and China are experiencing a high implementation of these advanced sorting solutions due to the rising industrial sector and faster technological adoption.
On the basis of Application, Food is the major application segment of Sorting Equipment. The growing adoption of automated equipment in the food industry is a major driving factor for the optical sorter market as optical sorters offer benefits such as improved food safety, better food quality, shorter delivery cycles, and increased output.
On the basis of Product Type, Size based sorting equipment is the prominent product segment accounting to majority of the global market share. The increasing initiatives by the government and the related regulatory bodies for maintaining strict standards for food quality are expected to drive the demand for sorting equipment over the forecast period.
The Covid-19 pandemic has caused disruption to economies and lives across the world. It has also affected the production and management of waste. While manufacturing and hospitality industries have suffered a hit, the former for a shorter period than the latter, healthcare and household waste streams have markedly increased. Demand for hazardous and medical waste management is higher than ever, as is demand for sanitization and professional cleansing services.
The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include TOMRA, AWETA, Raytec Vision SpA, Duravant LLC, Sesotec, Buhler Group, GREEFA, CP Group, Optimum NV, CFT SPA.
Key Target Audience
Sorting Equipment Vendors
Consulting and Advisory Firms
Government and Policy Makers
Key Topics Covered:
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Sorting Equipment Market: Product Overview
4. Global Sorting Equipment Market: An Analysis
4.1 Market Size, By Value, Year 2016-2020
4.2 Market Size, By Value, Year 2021-2026
4.3 Impact of COVID-19 on Sorting Equipment Market
4.4 Global Economic & Industrial Outlook
5. Global Sorting Equipment Market Segmentation, By Application (Value)
5.1 Global Sorting Equipment Market: Segment Analysis
5.2 Competitive Scenario of Sorting Equipment Market: By Application (2020 & 2026)
5.3 By Food Market Size and Forecast (2016-2026)
5.4 By Recycling Market Size and Forecast (2016-2026)
5.5 By Mining Market Size and Forecast (2016-2026)
6. Global Sorting Equipment Market Segmentation, By Product Type (Value)
6.1 Global Sorting Equipment Market: Segment Analysis
6.2 Competitive Scenario of Global Sorting Equipment Market: By Product Type (2020 & 2026)
6.3 By Weight Sorting Market Size and Forecast (2015-2025)
6.4 By Size Sorting Market Size and Forecast (2015-2025)
6.5 By Others Market Size and Forecast (2015-2025)
7. Global Sorting Equipment Market: Regional Analysis
7.1 Competitive Scenario of Global Sorting Equipment Market: By Region (2020 & 2026)
8. Americas Sorting Equipment Market: An Analysis
9. Europe Sorting Equipment Market: An Analysis
10. Asia Pacific Sorting Equipment Market: An Analysis
11. Global Sorting Equipment Market Dynamics
11.1 Global Sorting Equipment Market Drivers
11.2 Global Sorting Equipment Market Restraints
11.3 Global Sorting Equipment Market Trends
12. Market Attractiveness and Strategic Analysis
12.1 Market Attractiveness
12.1.1 Market Attractiveness Chart of Global Sorting Equipment Market - By Application (Year 2026)
12.1.2 Market Attractiveness Chart of Global Sorting Equipment Market - By Product Type (Year 2026)
12.1.3 Market Attractiveness Chart of Global Sorting Equipment Market n By Region (Year 2026)
13. Competitive Landscape
13.1 Market Share of global leading companies
13.2 SWOT Analysis - Global Sorting Equipment Market
13.3 Porter Five Force Analysis - Global Sorting Equipment Market
14. Company Profiles (Business Description, Financial Analysis, Business Strategy)
14.3 Raytec Vision SpA
14.4 Duravant LLC
14.6 Buhler Group
14.8 CP Group
14.9 Optimum NV
14.10 CFT SPA
For more information about this report visit https://www.researchandmarkets.com/r/swaapi
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