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.
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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
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