The Worldwide Industrial Weighing Equipment Industry is Expected to Reach $2.8 Billion by 2027 - ResearchAndMarkets.com

The "Industrial Weighing Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Industrial Weighing Equipment estimated at US$2 Billion in the year 2020, is projected to reach a revised size of US$2.8 Billion by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027.

Industrial Manufacturing, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$805.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Transportation & Logistics segment is readjusted to a revised 5.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $570.2 Million, While China is Forecast to Grow at 6.7% CAGR

The Industrial Weighing Equipment market in the U.S. is estimated at US$570.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$474.1 Million by the year 2027, trailing a CAGR of 6.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Select Competitors (Total 183 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.
• Maguire Products, Inc.
• Mettler-Toledo International, Inc.
• Minebea Intec
• OHAUS Corporation
• RADWAG Wagi Elektroniczne
• Thompson Scale Company
• Walz Scale

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of COVID-19 and a Looming Global Recession
• Percentage of Companies Impacted by Supply Chain Delays Due to COVID-19 Worldwide as of August 2020
• Weak Global Economic Environment & Negative Tide in GDP Forecasts Discourage the Market
• World Economic Growth Projections (Real GDP, Annual % Change) for 2019 to 2022
• Industrial Activity to Remain Subdued in the Immediate Term, Inducing Weakness into the Market
• Global PMI Index Points for the Years 2018, 2019 & 2020
• Industrial Weighing Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
• 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
• Global Market Prospects & Outlook
• Shift from Manual to Automated Solutions: A Prominent Trend in the Market
• Manufacturing Remains Pivotal Segment of Industrial Weighing Equipment Market
• Developed Regions Lead, Developing Economies to Fuel Long-term Growth
• Competition
• World Brands
• Recent Market Activity
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Technological Trends Transform Industrial Weighing Equipment Market
• Wireless Weighing to Gather Steam
• Programmable Weighing Systems Find Favor in Industrial Applications
• Cloud-Based Industrial Weighing Machines to Gain Wider Adoption
• Introduction of Sophisticated Weighing Equipment
• Weighing Equipment Gets Smarter
• Dynamic Scales with New Functions
• Upgraded Weighing Equipment for Terminals & Ports
• Loaders with Weighing Technology
• Automated and Digital Weighing Scales Adoption Rise Amidst the Automation Trend in Industries
• Digital Technology Proves Beneficial for Weighing Service Providers
• End-Use Industries Flock toward Automated Weighing Equipment to Streamline Tasks
• Industry 4.0 Redefines Manufacturing, Driving Demand for Industry 4.0 Compliant Weighing Solutions
• Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
• 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 Technology Emerges to Address Need for Faster Transportation & Logistics
• Technology Advancements & Innovations in Industrial Weighing Machines to Spur Growth
• Select Innovations in Industrial Weighing Equipment
• Developments in Load Cell Technology Influence Weighing Machinery
• USB Load Cells Come to Fore
• Digital Load Cells Gain Prominence in Specialized Applications
• Common Issues Facing Load Cells
• Transportation & Logistics Emerges as a Key Driver of Demand Growth
• International Trade Volumes: An Indicator of Potential Opportunities
• Volume Growth (in %) for Worldwide Merchandise Exports & Imports for Q1 2018 through Q3 2020
• Global Merchandise Trade Exports Volume Growth (in %) by Region for 2018-2020
• Global Merchandise Trade Imports Volume Growth (in %) by Region for 2018-2020
• 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
• Breakdown of Key Risk Factors for Mining & Metals Industry in 2020
• Industrial Weighing Scales Critical in Mining Operations

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/rfgh14

View source version on businesswire.com: https://www.businesswire.com/news/home/20220512005558/en/