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.
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.
