Industrial Weighing Equipment Global Market Report 2024

Description

Industrial Weighing Equipment Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on industrial weighing equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for industrial weighing equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The industrial weighing equipment market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Electronic Industrial Weighing Equipment; Machinery Industrial Weighing Equipment; Electromechanical combined with Industrial Weighing Equipment; Other Types
2) By Distribution Channel: Online; Offline
3) By Application: Industrial Manufacturing; Transportation & Logistics; Chemical Processing; Metal & Mining; Food & Beverages; Waste Recycling; Other Applications
Companies Mentioned: A&D Weighing; Easiweigh Ltd.; Bilwinco AS; CI Precision Ltd.; Mettler-Toledo International Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Industrial weighing equipment constitutes a measuring tool integrated into specific stages of the production process to serve precise functions. Its primary role involves determining weight through the assessment of force applied to the load cell.

Electronic industrial weighing equipment, machinery-based industrial weighing equipment, electromechanical combined with industrial weighing equipment, and other variants are the main types available. These find applications across industrial manufacturing, transportation, logistics, chemical processing, metal and mining, food and beverages, waste recycling, and other sectors. Distribution occurs through both online and offline channels.

The industrial weighing equipment market research report is one of a series of new reports from The Business Research Company that provides industrial weighing equipment market statistics, including industrial weighing equipment industry global market size, regional shares, competitors with an industrial weighing equipment market share, detailed industrial weighing equipment market segments, market trends and opportunities, and any further data you may need to thrive in the industrial weighing equipment industry. This industrial weighing equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The industrial weighing equipment market size has grown strongly in recent years. It will grow from $2.18 billion in 2023 to $2.31 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. Historical growth can be credited to factors such as advancements in energy efficiency, emphasis on ergonomics and user-friendly design, enhancements in efficiency and productivity, the expansion of the manufacturing sector, and the implementation of stringent quality control measures and compliance standards.

The industrial weighing equipment market size is expected to see strong growth in the next few years. It will grow to $2.94 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. Anticipated growth in the upcoming forecast period is driven by the widespread adoption of Industry 4.0, increased automation across industries, adherence to rigorous quality benchmarks, the burgeoning e-commerce and logistics sectors, a steadfast focus on sustainability, and the drive towards global market expansion. Key trends expected in this forecast period encompass prioritization of safety and ergonomics, emphasis on customization and adaptability, seamless integration with data analytics, and the continued pursuit of sustainability and efficiency.

The anticipated surge in international trade is poised to drive growth within the industrial weighing equipment market. International trade involves the exchange of capital, goods, and services among different countries, leading to increased demand in transportation and logistics. This surge in transport and logistics, in turn, fuels the demand for industrial weighing equipment. As per the United Nations Conference on Trade and Development's Global Trade Update report from February 2022, the global trade value reached an unprecedented $28.5 trillion in 2021, marking a 25% surge from 2020 and a 13% rise from the pre-COVID-19 level in 2019. Consequently, the escalating international trade dynamics act as a catalyst for the industrial weighing equipment market's growth.

The rapid expansion of Industry 4.0 is expected to propel the industrial weighing equipment market forward. Industry 4.0 denotes the ongoing revolution in traditional manufacturing practices through the integration of advanced smart technologies. Industrial weighing equipment plays a pivotal role in enabling seamless communication between machines, facilitating automated adjustments based on precise weight measurements. An article released in October 2022 by IoT Business News highlighted the intensifying growth of Industry 4.0, reporting a 140-fold surge in public interest, 50,000 research papers published in 2021, substantial start-up funding of $3 billion annually from Q3 2021 to Q3 2022, and a doubling of M&A activity. Consequently, the rapid growth of Industry 4.0 serves as a driving force for the industrial weighing equipment market.

The integration of innovative features stands out as a prominent trend gaining traction within the industrial weighing equipment market. Major industry players are focusing on developing products infused with advanced features to enhance the provision of industrial weighing services. For instance, in August 2023, Ishida Europe, a UK-based provider of weighing, quality control, and packaging equipment, introduced two new weighers within their sector solutions range. These innovative tools offer cost-effective, high-performance solutions equipped with heavy-duty components and durable PU liners. These enhancements allow the weighers to withstand significant impacts and abrasive product flow while maintaining accuracy and speed. Such solutions enable manufacturers to optimize packing operations by maximizing speed and efficiency.

Major companies are forging strategic collaborations and partnerships to fortify their market positions within the industrial weighing equipment sector. Strategic partnerships entail structured affiliations between multiple commercial enterprises, often established through business agreements or contracts. In May 2023, Fabbri Group, an Italy-based company specializing in machinery, films, and software, partnered with Bizerba. This collaboration aims to deliver comprehensive solutions for weighing, pricing, packaging, and labeling processes. The strategic partnership merges Fabbri Group's expertise in automatic food packaging systems with Bizerba's leading weighing technology, offering holistic solutions for the industrial sector. Bizerba, headquartered in Germany, provides scales, cutting machines, labels, and software.

In January 2022, Valsoft, a Canadian firm specializing in the development and acquisition of specialized software businesses within specific markets, successfully acquired Advanced Weighing Systems (AWS) for an undisclosed sum. This strategic acquisition is anticipated to expand Valsoft's clientele and broaden its product range. AWS, headquartered in the US, specializes in supplying advanced automation scale solutions to companies engaged in bulk material handling.

Major companies operating in the industrial weighing equipment market report are A&D Weighing, Easiweigh Ltd., Bilwinco AS, CI Precision Ltd., Mettler-Toledo International Inc., Maguire Products Inc., Avery Weigh-Tronix LLC, Minebea Intec GmbH, Fairbanks Scales Inc., OHAUS Corporation, ATRAX Group NZ Ltd., Thompson Scale Company, D Brash & Sons Ltd., Autoweigh Services Pvt. Ltd., KERN & SOHN GmbH, Rice Lake Weighing Systems India Ltd., Flintec Group AB, Vishay Precision Group, Yamato Scale Co. Ltd., B-TEK Scales LLC, Cardinal Scale Manufacturing Company, Dini Argeo S.r.l., Doran Scales Inc., Emery Winslow Scale Company, Keli Electric Manufacturing (Ningbo) Co. Ltd., LCM Systems Ltd., Novatech Measurements Limited, Precia Molen India Pvt. Ltd., Radwag Balances and Scales, Sartorius AG

North America was the largest region in the industrial weighing equipment market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial weighing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the industrial weighing equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The industrial weighing equipment market consists of sales of simple weighing, piece counting scales, weighing scales with PC interfaces, weighing scales with printers, and indicators with PLC controllers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12809

1. Executive Summary

2. Industrial Weighing Market Characteristics

3. Industrial Weighing Market Trends And Strategies

4. Industrial Weighing Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Industrial Weighing Market Size and Growth

5.1. Global Industrial Weighing Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Industrial Weighing Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Industrial Weighing Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Industrial Weighing Market Segmentation

6.1. Global Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Electronic Industrial Weighing Equipments
Machinery Industrial Weighing Equipments
Electromechanical combined with Industrial Weighing Equipments
Other Types
6.2. Global Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Online
Offline
6.3. Global Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Industrial Manufacturing
Transportation & Logistics
Chemical Processing
Metal & Mining
Food & Beverages
Waste Recycling
Other Applications

7. Industrial Weighing Market Regional And Country Analysis

7.1. Global Industrial Weighing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Industrial Weighing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Industrial Weighing Market

8.1. Asia-Pacific Industrial Weighing Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Industrial Weighing Market

9.1. China Industrial Weighing Market Overview
9.2. China Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Industrial Weighing Market

10.1. India Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Industrial Weighing Market

11.1. Japan Industrial Weighing Market Overview
11.2. Japan Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Industrial Weighing Market

12.1. Australia Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Industrial Weighing Market

13.1. Indonesia Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Industrial Weighing Market

14.1. South Korea Industrial Weighing Market Overview
14.2. South Korea Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Industrial Weighing Market

15.1. Western Europe Industrial Weighing Market Overview
15.2. Western Europe Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Industrial Weighing Market

16.1. UK Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Industrial Weighing Market

17.1. Germany Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Industrial Weighing Market

18.1. France Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Industrial Weighing Market

19.1. Italy Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Industrial Weighing Market

20.1. Spain Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Industrial Weighing Market

21.1. Eastern Europe Industrial Weighing Market Overview
21.2. Eastern Europe Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Industrial Weighing Market

22.1. Russia Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Industrial Weighing Market

23.1. North America Industrial Weighing Market Overview
23.2. North America Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Industrial Weighing Market

24.1. USA Industrial Weighing Market Overview
24.2. USA Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Industrial Weighing Market

25.1. Canada Industrial Weighing Market Overview
25.2. Canada Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Industrial Weighing Market

26.1. South America Industrial Weighing Market Overview
26.2. South America Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Industrial Weighing Market

27.1. Brazil Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Industrial Weighing Market

28.1. Middle East Industrial Weighing Market Overview
28.2. Middle East Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Industrial Weighing Market

29.1. Africa Industrial Weighing Market Overview
29.2. Africa Industrial Weighing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Industrial Weighing Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Industrial Weighing Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Industrial Weighing Market Competitive Landscape And Company Profiles

30.1. Industrial Weighing Market Competitive Landscape
30.2. Industrial Weighing Market Company Profiles
- 30.2.1. A&D Weighing
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Easiweigh Ltd.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Bilwinco AS
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. CI Precision Ltd.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Mettler-Toledo International Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Industrial Weighing Market Competitive Benchmarking

32. Global Industrial Weighing Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Industrial Weighing Market

34. Industrial Weighing Market Future Outlook and Potential Analysis

34.1 Industrial Weighing Market In 2028 - Countries Offering Most New Opportunities
34.2 Industrial Weighing Market In 2028 - Segments Offering Most New Opportunities
34.3 Industrial Weighing Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer