The increasing use of load monitoring systems in the healthcare sector, growing demand for wireless load monitoring systems, and emergence of custom load monitoring systems are some of the major factors propelling the market growth. However, factors such as compliance with strict regulations, issues associated with failure of load monitoring systems, and threats from refurbished and counterfeit products will hamper the market growth.
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Load Monitoring System Market: Segmentation
The load cell sector will gain considerable market share in load monitoring systems. Load cells are in high demand in the healthcare and food industries. Because of their advantages, such as improved cell protection, moisture resistance, and high compatibility with wet and high-humidity applications, digital load cells offer a long and steady signal range, allowing the proliferation of hermetically sealed load cells. This is encouraging many suppliers in the market to offer digital load cells, for example.
Load Monitoring System Market: Geography Landscape
Europe will account for 32 percent of market growth. In Europe, the primary markets for load monitoring systems are Germany and the United Kingdom. The market in this region will grow more slowly than the market in other regions. Over the forecast period, Europe's rising automotive and freight industries will aid the expansion of the load monitoring system market.
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Key Market Drivers & Challenges:
The rising use of load monitoring systems in the healthcare sector is one of the primary reasons driving growth in the load monitoring system market. A load monitoring system market trend that is predicted to have a favorable impact in the coming years is the growing number of strategic collaborations. During the projection period, rigorous regulatory compliance will be a major barrier for the load monitoring system market.
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Load Monitoring System Market 2022-2026: Segmentation
- Product
- Load Cell
- Indicator And Controller
- Data Logging Software
- Geography
- Europe
- North America
- APAC
- South America
- Middle East And Africa
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Load Monitoring System Market 2022-2026: Vendor Analysis
- Airtec Corp.
- Dynamic Load Monitoring UK Ltd.
- Eilersen Electric Digital Systems AS
- Euroload Inc.
- FUTEK Advanced Sensor Technology Inc.
- Indutrade AB
- James Fisher and Sons Plc
- JCM Load Monitoring Ltd.
- LCM Systems Ltd.
- Load Monitoring Systems Ltd.
- Mantracourt Electronics Ltd.
- Mettler Toledo International Inc.
- Precia SA
- Spectris Plc
- Standard Loadcells
- Strainsert Inc.
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Load Monitoring Systems Market Value Chain Analysis
Our study includes detailed information on the load monitoring system market's value chain analysis, which suppliers can use to gain a competitive advantage over the forecast period. Profit margin optimization and company strategy evaluation require an end-to-end understanding of the value chain. During the projected period, the data in our value chain analysis segment can assist vendors to reduce costs and improving customer service.
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Load Monitoring System Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.14% |
Market growth 2022-2026 |
$ 724.72 million |
Market structure |
Fragmented |
YoY growth (%) |
3.2 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
Europe at 32% |
Key consumer countries |
US, Canada, China, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Airtec Corp., Dynamic Load Monitoring UK Ltd., Eilersen Electric Digital Systems AS, Euroload Inc., FUTEK Advanced Sensor Technology Inc., Indutrade AB, James Fisher and Sons Plc, JCM Load Monitoring Ltd., LCM Systems Ltd., Load Monitoring Systems Ltd., Mantracourt Electronics Ltd., Mettler Toledo International Inc., Precia SA, Spectris Plc, Standard Loadcells, Strainsert Inc., Thames Side Sensors Ltd., The Crosby Group LLC, Vishay Precision Group Inc., and WIKA Alexander Wiegand SE and Co. KG |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Load cell - Market size and forecast 2021-2026
- Exhibit 28: Chart on Load cell - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Load cell - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Load cell - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Load cell - Year-over-year growth 2021-2026 (%)
- 5.4 Indicator and controller - Market size and forecast 2021-2026
- Exhibit 32: Chart on Indicator and controller - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Indicator and controller - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Indicator and controller - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Indicator and controller - Year-over-year growth 2021-2026 (%)
- 5.5 Data logging software - Market size and forecast 2021-2026
- Exhibit 36: Chart on Data logging software - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Data logging software - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Data logging software - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Data logging software - Year-over-year growth 2021-2026 (%)
- 5.6 Market opportunity by Product
- Exhibit 40: Market opportunity by Product ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 42: Chart on Market share by geography 2021-2026 (%)
- Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 44: Chart on Geographic comparison
- Exhibit 45: Data Table on Geographic comparison
- 7.3 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 UK - Market size and forecast 2021-2026
- Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.12 Canada - Market size and forecast 2021-2026
- Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 Eilersen Electric Digital Systems AS
- Exhibit 93: Eilersen Electric Digital Systems AS - Overview
- Exhibit 94: Eilersen Electric Digital Systems AS - Product / Service
- Exhibit 95: Eilersen Electric Digital Systems AS - Key offerings
- 10.4 FUTEK Advanced Sensor Technology Inc.
- Exhibit 96: FUTEK Advanced Sensor Technology Inc. - Overview
- Exhibit 97: FUTEK Advanced Sensor Technology Inc. - Product / Service
- Exhibit 98: FUTEK Advanced Sensor Technology Inc. - Key offerings
- 10.5 Indutrade AB
- Exhibit 99: Indutrade AB - Overview
- Exhibit 100: Indutrade AB - Business segments
- Exhibit 101: Indutrade AB - Key offerings
- Exhibit 102: Indutrade AB - Segment focus
- 10.6 James Fisher and Sons Plc
- Exhibit 103: James Fisher and Sons Plc - Overview
- Exhibit 104: James Fisher and Sons Plc - Business segments
- Exhibit 105: James Fisher and Sons Plc - Key offerings
- Exhibit 106: James Fisher and Sons Plc - Segment focus
- 10.7 LCM Systems Ltd.
- Exhibit 107: LCM Systems Ltd. - Overview
- Exhibit 108: LCM Systems Ltd. - Product / Service
- Exhibit 109: LCM Systems Ltd. - Key offerings
- 10.8 Mettler Toledo International Inc.
- Exhibit 110: Mettler Toledo International Inc. - Overview
- Exhibit 111: Mettler Toledo International Inc. - Business segments
- Exhibit 112: Mettler Toledo International Inc. - Key offerings
- Exhibit 113: Mettler Toledo International Inc. - Segment focus
- 10.9 Precia SA
- Exhibit 114: Precia SA - Overview
- Exhibit 115: Precia SA - Business segments
- Exhibit 116: Precia SA - Key offerings
- Exhibit 117: Precia SA - Segment focus
- 10.10 Spectris Plc
- Exhibit 118: Spectris Plc - Overview
- Exhibit 119: Spectris Plc - Business segments
- Exhibit 120: Spectris Plc - Key news
- Exhibit 121: Spectris Plc - Key offerings
- Exhibit 122: Spectris Plc - Segment focus
- 10.11 Vishay Precision Group Inc.
- Exhibit 123: Vishay Precision Group Inc. - Overview
- Exhibit 124: Vishay Precision Group Inc. - Business segments
- Exhibit 125: Vishay Precision Group Inc. - Key offerings
- Exhibit 126: Vishay Precision Group Inc. - Segment focus
- 10.12 WIKA Alexander Wiegand SE and Co. KG
- Exhibit 127: WIKA Alexander Wiegand SE and Co. KG - Overview
- Exhibit 128: WIKA Alexander Wiegand SE and Co. KG - Product / Service
- Exhibit 129: WIKA Alexander Wiegand SE and Co. KG - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 130: Inclusions checklist
- Exhibit 131: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 132: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 133: Research methodology
- Exhibit 134: Validation techniques employed for market sizing
- Exhibit 135: Information sources
- 11.5 List of abbreviations
- Exhibit 136: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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