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Global Industrial Weighing Equipment Strategic Analysis Report 2024-2030: Shift towards IIoT Drives Significance of Digital Weighing Technology
Tuesday, February 27, 2024

DUBLIN, Feb. 19, 2024 /PRNewswire/ -- The "Industrial Weighing Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

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Global Industrial Weighing Equipment Market to Reach $3.6 Billion by 2030

The global market for Industrial Weighing Equipment estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$3.6 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030. Industrial Manufacturing, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth in the Transportation & Logistics segment is estimated at 5.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $625.9 Million, While China is Forecast to Grow at 6.8% CAGR

The Industrial Weighing Equipment market in the U.S. is estimated at US$625.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$700.8 Million by the year 2030 trailing a CAGR of 6.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$575.1 Million by the year 2030.

Select Competitors

What`s New?

    --  Special discussions on the global economic climate and market sentiment
    --  Coverage on global competitiveness and key competitor percentage market
        shares
    --  Market presence analysis across multiple geographies -
        Strong/Active/Niche/Trivial
    --  Online interactive peer-to-peer collaborative bespoke updates
    --  Access to digital archives and research platform
    --  Complimentary updates for one year
    --  Access to curated YouTube video transcripts of market sentiments shared
        by CEOs, domain experts and market influencers via interviews, podcasts,
        press statements and event keynotes

MARKET OVERVIEW

    --  Industrial Weighing Equipment: Crucial Role in Ensuring Precision,
        Control and Efficiency in Diverse Industries
    --  An Introduction to Industrial Weighing Equipment
    --  Load Cells: Core Component of Weighing Instruments
    --  Types of Industrial Weighing Equipment
    --  Floor Scales
    --  Bench Scales
    --  Continuous Weigh Feeders
    --  Continuous Weighing Equipment
    --  Check-Weighing Scales
    --  Precision Balances
    --  Transportation Scales
    --  Electronic Weigh Scales
    --  Factors Impacting Performance of Industrial Weighing Scales
    --  Shift from Manual to Automated Solutions: A Prominent Trend in the
        Market
    --  Manufacturing Remains the Pivotal Segment of Industrial Weighing
        Equipment Market
    --  Developing Economies Continue to Fuel Long-term Growth
    --  Competition
    --  Competitive Market Presence - Strong/Active/Niche for Players Worldwide
        in 2023 (E)
    --  Recent Market Activity
    --  Influencer/Product/Technology Insights

MARKET TRENDS & DRIVERS

    --  Technological Trends Transform Industrial Weighing Equipment Market
    --  Automation, Digitization and Intelligent Weighing
    --  Wireless Weighing to Gather Steam
    --  Programmable Weighing Systems Find Favor in Industrial Applications
    --  Cloud-Based Industrial Weighing Machines to Gain Wider Adoption
    --  Integration of IoT and Smart Scales
    --  Advent of Sophisticated Weighing Equipment
    --  Weighing Equipment Gets Smarter
    --  Dynamic Scales with New Functions
    --  Upgraded Weighing Equipment for Terminals & Ports
    --  Loaders with Weighing Technology
    --  Field-oriented Scales
    --  Potential for Analytics and Big Data in Weighing
    --  Blockchain Technology's Emerging Role in Weighing
    --  Environmentally Friendly and Sustainable Scales
    --  Automated and Digital Weighing Scales Adoption Rise amid the Automation
        Trend in Industries
    --  Digital Technology Proves Beneficial for Weighing Service Providers
    --  Importance of Automated Weighing Equipment in Streamlining Tasks
    --  Industry 4.0 Redefines Manufacturing, Driving Demand for Industry 4.0
        Compliant Weighing Solutions
    --  Shift towards IIoT Drives Significance of Digital Weighing Technology
    --  Potential of IIoT for Industrial Weighing Equipment
    --  Artificial Intelligence Transforms Weighing Equipment into Intelligent
        Systems
    --  AI-Ready Weighbridge for Waste and Recycling Applications
    --  Waste Reduction through Weighing Equipment Gives Thrust to Lean
        Manufacturing
    --  Mobile Weighing Emerges to Address Need for Faster Transportation &
        Logistics
    --  Technology Advancements in Industrial Weighing Machines to Spur Growth
    --  Select Innovations in Industrial Weighing Equipment
    --  Weighing Technology Advances Augur Well for the Market
    --  Developments in Load Cell Technology Influence Weighing Machinery
    --  USB Load Cells Come to Fore
    --  Digital Load Cells Gain Prominence in Specialized Applications
    --  Resistance Strain Gauge Load Cells Undergo Major Advances with
        Development Trends
    --  Common Issues Facing Load Cells
    --  Industrial Weighing Scales Bulk up Attention across Diverse Domains
    --  Transportation & Logistics Emerges as a Key Driver of Demand Growth
    --  International Trade Volumes: An Indicator of Potential Opportunities
    --  Scales for Weighing Truckloads: An Overview
    --  Lift Truck Scales for Logistics and Shipping Operations
    --  Potential Opportunities for On-Board Vehicle Weighing Systems
    --  E-Commerce Growth Presents Opportunities for Weighing Scales
    --  Weighing Systems Improve Efficiency of Mining Operations
    --  Industrial Weighing Scales Critical in Mining Operations
    --  Metal Industries Rely on Weighing Equipment to Streamline Production
        Cycle
    --  Growing Significance of Weighing Instruments in Pharmaceutical
        Manufacturing
    --  Chemical Processing: Weighing Machinery Plays Critical Role in
        Maintaining Standard Weight Configurations
    --  Construction Material Manufacturers Rely on Weighing Equipment across
        Various Production Stages
    --  Food Industry Witnesses Rise in Adoption of Digital Weighing Technology
    --  Favorable Trends in Food Consumption Drive Demand for Automatic
        Checkweighers
    --  Uptake of Checkweigher in Health Food Industry
    --  Food Packaging Gets Precision & Efficiency Lift with Advanced
        Checkweighers
    --  Weighing Equipment Gain Precedence in Textile Sector
    --  Pulp and Paper Manufacturers Look to Leverage Proficiency of Weighing
        Equipment
    --  Regulations to Drive Weighing Equipment Demand in Waste Management
        Industry
    --  Maintenance of Truck Scales: A Challenging Task
    --  Industrial Truck Scales: Focus on Key Issues
    --  Growing Importance of Weighing Equipment for Recycling Industry
    --  Weighing Equipment Remains Crucial Component of Agriculture & Farming
        Industry
    --  Advent of Innovative Technologies Fuel Demand for Electronic Weighing
        Equipment
    --  Check Weighing Machines Market: Poised for Growth
    --  Rising Prominence of Floor Scales in Industrial Weighing Equipment
        Industry
    --  Growing Importance of Checkweighers in Industrial Production Lines
    --  Checkweighers: Fundamental Facet of Packaging Quality Control
        Applications
    --  Improving Productivity through Checkweighers
    --  Smart Checkweighers: A Heavyweight Technology for Factory of Future
    --  Expanded Capabilities of Checkweighers Make Them Essential to Enhance
        Productivity
    --  Accuracy Remains Critical for Automatic Inline Checkweigher
    --  Weighing and Controlling Foreign Objects in Demanding Environments
    --  Replacement Demand to Support Market Growth
    --  Regulatory Guidelines to Influence Market Prospects
    --  Challenges Facing Industrial Weighing Equipment Market

FOCUS ON SELECT PLAYERS (Total 216 Featured)

    --  A&D Weighing
    --  ATRAX Group NZ Ltd.
    --  Avery Weigh-Tronix, LLC
    --  Bilwinco AS
    --  CI Precision Ltd.
    --  D Brash & Sons, Ltd.
    --  Easiweigh Limited
    --  Fairbanks Scales, Inc.
    --  GSH Group
    --  Maguire Products, Inc.
    --  Mettler-Toledo International, Inc.
    --  Minebea Intec
    --  OHAUS Corporation
    --  RADWAG Wagi Elektroniczne
    --  Thompson Scale Company
    --  Walz Scale

For more information about this report visit https://www.researchandmarkets.com/r/8jl791

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets



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