Industrial Weighing Equipment Market By Application (Industrial Manufacturing, Transportation & Logistics, Chemical Processing, Food & Beverages, Metal & Mining, Waste Recycling) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2023

Weighing equipment form one of the most integral parts of the overall industrial ecosystem. These equipment find role right from the raw materials to the delivery of finished products. Weighing equipment typically comprises a weighing platform, sensors for the electronic scales (lever in case of mechanical scales) and display. The market growth is largely driven by the need for faster, accurate and more reliable weighing solutions. Consequently, weighing equipment manufacturers are increasingly focusing delivering high-performance, convenient weighing equipment incorporating feature such as counting and check-weighing. Weighing equipment is commonly used across aerospace, automotive, medical, mining, recycling and other end-user industries.

The most significant factor fueling the market growth is the steadily recovering industrial manufacturing sector worldwide. Increasing international trade and transportation & logistics industry is another major factor bolstering the market growth. Further, due to increase in regulations over mass determination by organizations such as SOLAS is estimated to significantly drive the industrial weighing equipment market in the coming years. Shippers are expected to raise their investment in weighing equipment with an aim of complying with the standards and ensure on-time delivery of goods. Major concern for the manufacturers is high lifespan expectancy from their consumers. This ultimately results into lesser number of units sold.

Industrial Weighing Equipment Market

The report titled “Global Industrial Weighing Equipment Market- Growth, Share, Opportunities and Competitive Analysis, 2016 – 2023” offers strategic insights into the global industrial weighing equipment market along with the market size and estimates (in revenue and volume) for the duration 2014 to 2023. The said research study covers in-depth analysis of multiple market segments based on product types, industry verticals and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2015 & 2023. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help strategic decision makers, the report also includes competitive profiling of the leading industrial weighing equipment vendors, their SCOT (Strength, Challenges, Opportunities and Weaknesses) analysis, market positioning and key developments. Some of the major players profiled in the report are Avery Weigh-Tronix, LLC, A&D Weighing, Bilwinco AS, SCI Precision Ltd., Thompson Scale Company, Siemens AG, Rice Lake, Ramsey Scales, Spectris Plc. (HBM), Mettler-Toledo, Sartorius AG and others. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the industrial weighing equipment industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2014 – 2015)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global industrial weighing equipment market, offering market size and estimates for the period from 2016 to 2023, keeping in mind the above mentioned factors.

The global industrial weighing equipment market is segmented, based on its application, into the following categories:

  • Industrial Manufacturing
  • Transportation & Logistics
  • Chemical Processing
  • Metal & Mining
  • Food & Beverages
  • Waste Recycling
  • Others

Industrial Weighing Equipment Market

The overall industrial weighing equipment market is dominated by the industrial manufacturing and transportation & logistics segment. The segments collectively contribute to more than forty percent of the total revenue generated worldwide. Due to steady signs of recovery in the global manufacturing sector, the segment is estimated to continue observing significant growth during the forecast period. The industrial manufacturing sector is majorly supported by Asia Pacific and Europe regions.

The industrial weighing equipment market is significantly dependent upon the regulations enforced on the transportation industry. As per the new regulation enforced by SOLAS, transporters will now have to verify the weight of goods before shipping. This is estimated to generate significant demand from the transportation and logistics sector in the coming years.

On the basis of geography, the global industrial weighing equipment market is segmented as per following regions and countries.

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • CIS
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • South Asia
    • Australasia
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC countries
    • North Africa
    • South Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

 

Industrial Weighing Equipment Market

The overall industrial weighing equipment market is dominated, in terms of revenue and volume, by the Asia Pacific region. Due to strong industrial manufacturing and transportation sector in countries such as China, Japan and India, the segment is estimated to retain its dominant position in the market throughout the forecast period.

The industrial weighing equipment market is substantially dependent on the number of manufacturing plants and transportation hubs in a region. Asia Pacific accounts for the largest number of manufacturing facilities as well as transportation hubs making the market lucrative in the coming years as well.

Further, Europe follows the industrial weighing equipment market in Asia Pacific, in terms of revenue and volume. The market here is majorly governed by the Western Europe countries. Latin America and Middle East & Africa too are estimated to emerge lucrative during the forecast period. This is attributed to growing trade and manufacturing sector of the regions.

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Published Date:  Jul 2016
Category:  Automotive & Transportation
Report ID:   57981
Report Format:   PDF
Pages:   120
Rating:    4.5 (60)
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