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The sorting equipment market has the potential to grow by USD 639.68 million during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 8.20%.
This sorting equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by end-user (food sorting, waste sorting, and mineral sorting) and geography (APAC, Europe, MEA, North America, and South America). The sorting equipment market report also offers information on several market vendors, including 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 among others.
Browse TOC and LoE with selected illustrations and example pages of Sorting Equipment Market
Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The growing concerns about food quality is notably driving the sorting equipment market growth, although factors such as fluctuating steel prices may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the sorting equipment market get your FREE report sample now.
This sorting equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
The sorting equipment market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the sorting equipment market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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43% of the market’s growth will originate from APAC during the forecast period. China is a key market for sorting equipment in APAC.
The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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The sorting equipment market share growth by the food sorting segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2020-2024 and embrace technologies to improve business efficiency.
Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the sorting equipment market size.
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Sorting Equipment Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8% |
Market growth 2020-2024 |
$ 639.68 million |
Market structure |
Fragmented |
YoY growth (%) |
12.64 |
Regional analysis |
APAC, Europe, MEA, North America, and South America |
Performing market contribution |
APAC at 43% |
Key consumer countries |
China |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
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 |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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