According to a research report titled ‘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)’ available with Market Study Report, global sorting equipment market was valued at USD 3221.18 million in 2020 and is projected to grow substantially during the forecast period 2021-2026.
 

As per the report findings, increased consumer expenditure for landfill reduction, improving recycling rates, and reducing greenhouse emissions are adding traction to the worldwide sorting equipment market growth. Moreover, environment protection initiatives and escalating demand for recycling projects are also improving the industry outlook.
 

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Parallelly, various food safety systems, and legislations are being implemented to control chemical and microbiological hazards to reduce health risks. Government regulatory bodies are establishing food safety strategies to help trace food items at several stages including production, processing, and distribution, in turn, will increase global sorting equipment market remuneration scope.
 

Meanwhile, the Covid-19 pandemic has affected the production and management of waste. Healthcare and household waste streams have drastically increased, and the demand for medical waste management, sanitization and professional cleansing services has been skyrocketing, further adding impetus to the industry growth.
 

Based on product type, global sorting equipment industry is classed into size, weight and others. Of these, size-based sorting equipment is projected to outperform other segments in the upcoming years. This can be ascribed to increasing government initiatives for ensuring compliance with stringent food quality and safety standards.
 

Moving on to the application ambit, the market constitutes of food, mining, and recycling. Among these, food segment is slated to grow considerably due to proliferation of automated equipment in the sector.
 

On the regional front, Asia Pacific accounted for over 42.14% of the overall sorting equipment market share in 2020 and will likely showcase strong growth trends through 2026. Innovation and advancements in resource recycling projects have led to the expansion of regional industry size. Furthermore, developing countries like Japan and China are implementing advanced sorting solutions due to their booming industrial sector and faster technology adoption rate.
 

Major contenders in global sorting equipment market are Tomra Systems ASA, CFT Group, Optimum nv, Aweta, Charoen Pokphand Group, Raytec Vision S.p.A, Greefa Italia GmbH, Duravant LLC, The Bühler Holding AG, and Sesotec GmbH.