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

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Feb 19, 2024, 11:30 ET

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

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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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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