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

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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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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