As per the 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)1’, available with Market Study Report LLC, global sorting equipment market was valued USD 3221.18 million in 2020 and is anticipated to register a healthy growth rate through 2026.
 

Growing concerns regarding environmental safety along with rising customer expenditure towards reducing landfills, increasing recycling rates, and lowering greenhouse emissions are fueling global sorting equipment industry expansion.
 

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Further, ongoing technological advancements such as development of various food safety systems and legislations for prevention of microbiological and chemical hazards to reduce risks to consumer health. In fact, various government regulatory bodies are developing a food safety strategy that will aid in traceability of food stages at various stages including processing, production, and distribution.
 

Elaborating on the Covid-19 impact, the pandemic has disrupted the livelihood of people all across the world and significantly affected production and management of waste. Stronger flow of waste streams from households as people remain within the confines of their homes along with a surge in demand for managing medical waste in view of overburdening ofhealthcare establishments with patients has presented a huge opportunity for business players in global sorting equipment industry.
 

Based on product type, size-based products capture majority industry share, mainly due to increasing number of initiatives by governments and regulatory authorities for ensuring strict food quality standards.
 

In terms of application, food segment is slated to record a sizeable growth in the upcoming years, creditable to growing acceptance of automation solutions in this sector. In particular, optical sorters are experiencing a strong demand in this sector owing to benefits such as better food safety, shorter delivery times, and enhanced output.
 

As per the regional analysis, Asia Pacific holds a coveted position in the market, accounting for 42.14% share in 2020. Innovations and advancements in resource recycling projects, along with a thriving industrial sector and prompt technological adoption in economies like India and China are supporting the regional market development.
 

Prominent players in global sorting equipment industry sphere are Tomra Systems ASA, CFT Group, Optimum N.V., Aweta, Charoen Pokphand Group, Raytec Vision S.p.A, Greefa Italia GmbH, Duravant LLC, The Bühler Holding AG, and Sesotec GmbH.