1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Optical Sorter Market Innovation Trends and Current Business Trends by 2024: Global Market Insights, Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  The U.S. optical sorter market is expected to gain momentum due to a high demand for these machines in the food industry and stringent FDA regulations in the country. The food industries in the country have already adopted the automation technology and have the early mover advantage in the industry. Also, strict regulations for food safety in North American countries are the main reasons for the companies to adopt the technology.  Europe optical sorter market is expected to gain momentum due to the rapidly generated electronic waste. Electrical and electronic scrap is the highest growing waste type in the region. The recycling of these materials has become vital, as this kind of waste consists of a wide range of materials. ANDRITZ MeWa, the German plant builder, has built a state- of-the-art WEEE plant that incorporates optical sorters in the UK for the waste management company. The plant processes recycled hi-fi systems, refrigerators, computers, and other electrical & electronic waste. Regional Analysis of Optical Sorter Market :

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Optical Sorter Market:  Advancements in detection technologies are providing viable opportunities for optical sorter market growth. Infrared detectors are used in infrared imaging technology that operates at a low temperature. This technology helps in optical sorting and reduces the processing time eventually. This technology enables sorting of different products on the same conveyor belt.  Major restraint in the optical sorter market is the high initial capital investment required to set up the machinery. For instance, mini color sorting machine by the Pugos Technologies costs around USD 8,500 per unit. It is very difficult for small companies to invest in the machinery. Furthermore, these systems require a high degree of maintenance and technical expertise for operation.  Optical sorter market is characterized by lasers, cameras, NIR sorters, and hyperspectral camera. The hyperspectral camera-based optical sorter market is expected to grow significantly, due to the increased efficiency of length defect analysis and EVM & FM removal. These are widely used to attain the desired efficiency with low false rejection rates. The high applicability of these products in the food industry is expected to create opportunities for the optical sorter market growth.

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Some of the key players in the optical sorter market include TOMRA, CP Manufacturing, Buhler, GREEFA, Key Technology, NEWTEC, Binder, Satake, Pellenc ST, Allgaier Werke, Raytec Vision, Cimbria, Sesotec, and STEINERT. The companies are continuously investing in the R&D for product innovations, particularly software developments. The companies are also entering into strategic partnerships with regional leaders to expand their presence.  For instance, Sesotec GmbH and Pellenc ST have entered into a new partnership agreement to complement their individual market and product portfolios. This will allow the companies to distribute their plastics recycling equipment in Japan, the UK, & France and metal scrap sorting equipment in Japan & France. Competitive Market Share of Optical Sorter Market:

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