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Load Cells Market By Type (S-Type, Single-Point, Shear-Beam), By End-Use (Automotive And Transportation, Oil And Gas, Healthcare, Industrial Manufacturing And Material Handling, Defense And Aerospace Construction), By Technology (Digital, Analog) - Growth, Future Prospects And Competitive Analysis 2015 – 2025

The resurgence of the industrial manufacturing sector, resulting in increased industrial output and consequent demand for industrial weighing equipment, is expected to drive demand for load cells globally. In addition, heightened investments in industrial automation technologies and steady growth in demand from load monitoring applications are expected to further drive market demand during the forecast period of 2017–2025. These factors are expected to contribute to a CAGR of 4.1% during the forecast period of 2017–2025. Rigid construction and costly signal conditioning electronics are some of the major challenges faced by load cell manufacturers and designers across the globe.

Report Scope

This report analyses the global load cells market in terms of product type, technology, end-use application, and geography. Based on product type, the global market for load cells is segmented into S-type, single-point, and shear-beam, among others. Similarly, on the basis of end-use application, the market for load cells is further classified into oil and gas, aerospace and defense, industrial manufacturing and material handling, healthcare, and automotive and transportation, among others. The global load cells market is further segmented based on technology into analog load cells and digital load cells. The geographical distribution of the global load cell market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.

Purpose of the Report

The purpose of this strategic research study titled "Load Cells Market: Growth, Share, Opportunities, and Competitive Analysis, 2017–2025" is to offer industry investors, company executives, and industry participants in-depth insights to enable them to make informed strategic decisions related to the opportunities in the load cells market.

1.1.1 Target Audience

  • Industry Investors
  • Manufacturers of Load Cells
  • Original Equipment Manufacturers
  • Distributors
  • End-users

On the basis of end-use application, the global load cells market is categorized into the following segments:

  • Oil and Gas
  • Healthcare
  • Automotive and Transportation
  • Industrial Manufacturing
  • Construction
  • Aerospace and Defense
  • Others (retail, etc.)

As of 2015, oil and gas, industrial manufacturing, and transportation represented major application segments in the global load cells market. The drive towards industrial automation to enhance productivity and reduce lead time is expected to boost demand for load cell-based industrial and material handling machinery. On the other hand, the healthcare and aerospace segments are poised to witness healthy growth in demand over the forecast period. The use of load cells of different shapes and sizes in surgical robots is expected to augment their capabilities, thereby extending the reach of surgical procedures. In addition to surgical robots, load cells are expected to witness growing applications in hemodialysis machines and a wide range of preventive medical equipment in the coming years. In aerospace applications, load cells are used for both design and testing across different phases of aircraft engineering.

On the basis of geography, the global market for load cells is segmented into the following regions and countries:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Rest of Asia Pacific
  • Rest of the World
  • Latin America
  • Middle East and Africa

As of 2015, Europe led the overall load cell market worldwide, followed by North America and Asia Pacific respectively. Europe accounted for around 32% of the global market revenue in the same year. The market for load cells in Europe is majorly concentrated in Western Europe, with countries including Germany, the U.K., and France determining the overall market trend in the region. The region's dominance can be attributed to the presence of a large base of industrial sectors that cater to material handling activities. On the other hand, demand from end-use sectors, including healthcare and aerospace, is expected to drive demand for load cells in North America. Asia Pacific is presumed to emerge as the most lucrative regional load cell market worldwide, offering significant investment and growth opportunities for participants across the value chain.

Frequently Asked Questions:

The market for Load Cells Market is expected to reach USD XX Bn By 2025.

The Load Cells Market is expected to see significant CAGR growth over the coming years, at 4.1%.

The report is forecasted from 2015-2025.

The base year of this report is 2014.

Vishay Precision Group Inc., OMEGA Engineering Inc., FUTEK Advanced Sensor Technology Inc., Thames Side Sensors Ltd. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  May 2017
Category:  Automation & Process Control
Report ID:   58461
Report Format:   PDF
Pages:   120
Rating:    4.8 (65)
Delivery Time: 24 Hours to 48 Hours   
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