Industrial Weighing Equipment Global Market Report 2023

“Industrial Weighing Equipment Global Market Report 2023 ” 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.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

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.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Type: Electronic Industrial Weighing Equipments; Machinery Industrial Weighing Equipments; Electromechanical combined with Industrial Weighing Equipments; Other Types

• 2) By Application: Industrial Manufacturing; Transportation & Logistics; Chemical Processing; Metal & Mining; Food & Beverages; Waste Recycling; Other Applications

• 3) By Distribution Channel: Online; Offline

• 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

• 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

Major players in the industrial weighing equipment market 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 Scales, and KERN & SOHN GmbH.

The global industrial weighing equipment market is expected to grow from $2.06 billion in 2022 to $2.19 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%.The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The industrial weighing equipment market is expected to grow to $2.72 billion in 2027 at a CAGR of 5.5%.

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.

Industrial weighing equipment refers to a measuring device that is incorporated into the production process at a particular stage where it is meant to serve a specific function. It is used to calculate weight by calculating the force applied to the load cell.

North America was the largest region in the industrial weighing equipment market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the industrial weighing equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main types of industrial weighing equipment are electronic industrial weighing equipment, machinery industrial weighing equipment, electromechanical combined with industrial weighing equipment and others. It's application include industrial manufacturing, transportation and logistics, chemical processing, metal and mining, food and beverages, waste recycling and others, that are distributed through online and offline channels.

Growing international trade is expected to propel the growth of the industrial weighing equipment market going forward. International trade refers to the transfer of capital, commodities, and services between various countries and across international borders. The rise in international trade gives rise to transport and logistics demand, and the rise in transport and logistics demand gives rise to the industrial weighing equipment market. For instance, in February 2022, according to the Global Trade Update report by The United Nations Conference on Trade and Development(UNCTAD), an intergovernmental organization intended to promote the interests of developing states in world trade, the value of global trade reached a record level of $28.5 trillion in 2021, an increase of 25% over 2020 and an increase of 13% over 2019 prior to the COVID-19 pandemic. Therefore, growing international trade is driving the industrial weighing equipment market.

Introducing innovative features is a key trend gaining popularity in the industrial weighing equipment market. Major players operating in the industrial weighing equipment market are developing products with more and more innovative features for providing industrial weighing equipment services. For instance, in March 2020, Minebea Intec, launched the new puro series of industrial scales. The Puro range offers innovative industrial weighing solutions. Minebea Intec is expanding its line of portable scales with a rechargeable lithium-ion battery due to this innovative weighing solution. This extends the product's useful life to up to 500 hours while still producing accurate measurement results.

In January 2022, Valsoft, a Canada-based company focused on establishing and acquiring vertical market software businesses, acquired Advanced Weighing Systems (AWS) for an undisclosed amount. This acquisition is expected to increase the number of customers and the product portfolio of Valsoft. Advanced Weighing Systems (AWS) is a US-based company that focuses on providing bulk material handling companies with high-end automation scale.

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

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.

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.