Global Industrial Weighing Equipment Market Research Report: Overview With Geographical Segmentation By Revenue With Forecast 2030
Weighing equipment is the instrument used to measure the weight of a product. Industrial weighing equipment is used to measure the weight of various products such as instruments, chemicals, and machines in industries. Industrial weighing equipment is present everywhere in the industry from the initial stage that is raw materials stage to the final stage, distribution of finished products, and its applications across a wide range of industries will continue to uphold demand for the product, ultimately boosting the growth of the global market for industrial weighing equipment.
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Advancements in next-gen technologies have been triggering
paradigm shifts in the integral designs of industrial weighing equipment for
years, and the trend is likely to persist in the coming future. Leading
manufacturers are continually introducing innovative features by integrating
advanced weighing technologies such as process weighing technology, and other
popular technologies such as the Internet of Things (IoT) and Artificial
Intelligence, to make today’s industrial weighing equipment smarter.
Competitive Landscape
- Avery
Weigh-Tronix
- RADWAG
WagiElektroniczne
- CI
Precision Ltd.
- A&D
Weighing
- Atrax
Group NZ Ltd,
- Avery
Weigh-Tronix.
- Thompson
Scale Company
- Eastleigh
Limited
- Bilwinco
AS
- D
Brash &Sons Ltd
- Sartorius
AG Ohaus Corporation
- Maguire
Products Inc.
- Mettler
Toledo International Inc.
The global market for industrial weighing equipment is
highly fragmented as the number of smaller companies entering the market is
increasing. Nevertheless, leading manufacturers, as well as small industry
players, are concentrating on offering utmost levels of accuracy through
innovative features, and modifying their strategies to sync with the changing
business environments.
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Region-wise Analysis
The industrial weighing equipment market is geographically
segmented into seven key regions which are, North America, South America,
Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East &
Africa. Asia Pacific is anticipated to be the fastest-growing industrial
weighing equipment market with a CAGR expected to be around 6% in the coming
years. In the region, the demand is mainly triggered by increasing applications
of weighing technologies in many industrial activities, and thereby, industrial
growth is among the biggest drivers of growth for the market in the Asia
Pacific.
Sales are also likely to remain healthy in the North
American region, as manufacturers are introducing next-generation and
technologically advanced ranges of their products under the category of
industrial weighing equipment. Tightening quality standards and safety
regulations are triggering the adoption of highly accurate and high precision
weighing equipment in the industrial setup across the region, and this will
incur the trend of product innovation in the industrial weighing equipment
market in the Americas.
Region-wise Analysis
- North
America (U.S., Canada)
- Latin
America (Mexico, Brazil)
- Europe
(Germany, U.K., France, Italy, Spain, Poland, Russia)
- East
Asia (China, Japan, South Korea)
- South
Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania
(Australia, New Zealand)
- Middle
East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
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Segment Analysis
The industrial weighing equipment market can be segmented
based on the following:
Product Type
- Checkweighers
- Counting
Scales
- Floor
Scales
- Rail
Scales
- Other
End-use Industry
- Chemicals
- Manufacturing
- Mining
- Food
& Beverage
- Other
industries
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