Market Share of Optical Sorter Industry
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.
- July 2024 - TOMRA's GAINnext sorting device was specifically designed for UBCs. This new packaging sorter leverages deep learning technology, a branch of AI and machine learning, to distinguish various containers on a conveyor belt. Currently, GAINnext is being rolled out in North America. Tomra boasts that this technology provides a high-throughput solution for aluminum recovery from UBCs, ensuring 98% or above purity without manual sorting.
- January 2024 - Key Technology, part of Duravant’s Food Sorting and Handling Solutions division, introduced optical sorters designed for processed protein products. These products range from frozen chicken nuggets and tenders to fish sticks and plant-based meat alternatives. The optical sorters, notably the COMPASS and VERYX models, are designed to eliminate defects and foreign materials (FM) swiftly. By doing so, they enhance product quality, boost yields, and cut labor requirements.
Optical Sorter Market Leaders
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TOMRA Systems ASA
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Eagle Vizion Inc.
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Key Technology Inc. (A Duravant LLC)
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Hefei Meyer Optoelectronic Technology Inc.
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Machinex Industries Inc.
*Disclaimer: Major Players sorted in no particular order