Market Overview:
The global belt scales market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for belt scales from various end-use industries, such as coal industry, power station, steel plant, cement plant, port and chemical industry. In addition, the growing demand for belt scales in emerging economies is also contributing to the growth of this market. Based on type, the global belt scales market can be segmented into single-idler belt scale systems and two-idler or multi-idler belt scale systems. The two-idler or multi-idler segment is expected to grow at a higher CAGR than the single idler segment during the forecast period.
Product Definition:
Belt scales are a type of weighing instrument used to measure the mass or weight of an object on a belt. They are often used in industrial settings to weigh large objects, such as sacks of grain or boxes of manufactured goods. Belt scales can be portable or fixed, and may use springs, levers, or electronic sensors to measure weight.
Single-Idler:
Single-idler is a device used to reduce the weight of the belt in a drive system. It is usually mounted on an idler pulley, which reduces its rotational speed and thusly increases traction. The single-idler can be fixed or freewheel based on application requirements. Belt scales are used for weighing single or multiple chainsaws using their retractable feature that allows easy access to belts and accessories without removing them from the motor vehicle tires.
Two-Idler:
The two-idler is a device used to balance the weight of the belt on both sides of pulley. It helps in reducing friction and increases efficiency by eliminating problems caused due to imbalance. The two-idler has an advantage over single idler as it eliminates the need for adjusting or moving it while changing speeds which makes its installation easier and faster.
Application Insights:
The application segment includes coal industry, power station, steel plant, cement plant, port and others. The market is dominated by the coal industry which accounted for a revenue share of more than 50% in 2017. Belt scales are used to measure the weight of coal or other commodities at various points within a mine where conveyors transport the load on to trucks waiting outside ready for loading onto trains or ships at another part of the mine site.
Coal mines require frequent weighing during production as they have large scale operations with multiple levels.
Regional Analysis:
Asia Pacific dominated the global belt scales market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing industrial activities and rapid economic development coupled with rising foreign investments.
The Belt and Road initiative undertaken by China to develop its economy through connectivity has led it to build roads, railways, ports and other infrastructure facilities across neighboring countries as well as across sea routes connecting China with Southeast Asian nations thus creating immense potential for industry players both local as well as international.
North America accounted for a major market share in 2017 owing to growing demand from end-users such as power stations, steel plants, chemical industries etc., which consume large quantities of belts on regular basis for carrying out various operations at scheduled times without any delay or breakdowns thus ensuring continuous production flow throughout the plant’s operating hours.
Growth Factors:
- Increasing demand for belt scales from the mining and construction industries as a result of the growth in these sectors.
- The increasing use of belt scales for process control and quality assurance in manufacturing industries.
- The growing demand for belt scales from small-scale businesses due to their low cost and accuracy.
- The increasing popularity of digital belt scales that offer enhanced performance over traditional analog models.
- Growing awareness about the benefits of using belt scales among end users, which is likely to boost adoption rates in the coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Belt Scales Market Research Report
By Type
Single-Idler, Two-Idler, Multi-Idler
By Application
Coal Industry, Power Station, Steel Plant, Cement Plant, Port, Chemical Industry, Others
By Companies
Siemens, Schenck, Merrick, Yamato, Avery Weigh-Tronix, Rice Lake, Convey Weigh, FLSmidth, OJ:S Vagsystem, CST, Thayer Scale, Tecweigh, Saimo, Nanjing Sanai, Henan Fengbo, Sanyuan, SSS Electronics, Shanxi Litry, Baotou Shenda, Changsha Fengye, Shandong Jinzhong, Belt-Way Scales
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
219
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Belt Scales Market Report Segments:
The global Belt Scales market is segmented on the basis of:
Types
Single-Idler, Two-Idler, Multi-Idler
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Coal Industry, Power Station, Steel Plant, Cement Plant, Port, Chemical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens
- Schenck
- Merrick
- Yamato
- Avery Weigh-Tronix
- Rice Lake
- Convey Weigh
- FLSmidth
- OJ:S Vagsystem
- CST
- Thayer Scale
- Tecweigh
- Saimo
- Nanjing Sanai
- Henan Fengbo
- Sanyuan
- SSS Electronics
- Shanxi Litry
- Baotou Shenda
- Changsha Fengye
- Shandong Jinzhong
- Belt-Way Scales
Highlights of The Belt Scales Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-Idler
- Two-Idler
- Multi-Idler
- By Application:
- Coal Industry
- Power Station
- Steel Plant
- Cement Plant
- Port
- Chemical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Belt Scales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Belt scales are a type of weight scale that measure the weight of an individual's waistline. They typically have a series of graduated belt loops, each with a different weight capacity. The user steps on the scale and wraps their waist around one or more belt loops to determine their current bodyweight.
Some of the key players operating in the belt scales market are Siemens, Schenck, Merrick, Yamato, Avery Weigh-Tronix, Rice Lake, Convey Weigh, FLSmidth, OJ:S Vagsystem, CST, Thayer Scale, Tecweigh, Saimo, Nanjing Sanai, Henan Fengbo, Sanyuan, SSS Electronics, Shanxi Litry, Baotou Shenda, Changsha Fengye, Shandong Jinzhong, Belt-Way Scales.
The belt scales market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Belt Scales Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Belt Scales Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Belt Scales Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Belt Scales Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Belt Scales Market Size & Forecast, 2020-2028
4.5.1 Belt Scales Market Size and Y-o-Y Growth
4.5.2 Belt Scales Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single-Idler
5.2.2 Two-Idler
5.2.3 Multi-Idler
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Coal Industry
6.2.2 Power Station
6.2.3 Steel Plant
6.2.4 Cement Plant
6.2.5 Port
6.2.6 Chemical Industry
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Belt Scales Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Belt Scales Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single-Idler
9.6.2 Two-Idler
9.6.3 Multi-Idler
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Coal Industry
9.10.2 Power Station
9.10.3 Steel Plant
9.10.4 Cement Plant
9.10.5 Port
9.10.6 Chemical Industry
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single-Idler
10.6.2 Two-Idler
10.6.3 Multi-Idler
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Coal Industry
10.10.2 Power Station
10.10.3 Steel Plant
10.10.4 Cement Plant
10.10.5 Port
10.10.6 Chemical Industry
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single-Idler
11.6.2 Two-Idler
11.6.3 Multi-Idler
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Coal Industry
11.10.2 Power Station
11.10.3 Steel Plant
11.10.4 Cement Plant
11.10.5 Port
11.10.6 Chemical Industry
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single-Idler
12.6.2 Two-Idler
12.6.3 Multi-Idler
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Coal Industry
12.10.2 Power Station
12.10.3 Steel Plant
12.10.4 Cement Plant
12.10.5 Port
12.10.6 Chemical Industry
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single-Idler
13.6.2 Two-Idler
13.6.3 Multi-Idler
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Coal Industry
13.10.2 Power Station
13.10.3 Steel Plant
13.10.4 Cement Plant
13.10.5 Port
13.10.6 Chemical Industry
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Belt Scales Market: Competitive Dashboard
14.2 Global Belt Scales Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 Schenck
14.3.3 Merrick
14.3.4 Yamato
14.3.5 Avery Weigh-Tronix
14.3.6 Rice Lake
14.3.7 Convey Weigh
14.3.8 FLSmidth
14.3.9 OJ:S Vagsystem
14.3.10 CST
14.3.11 Thayer Scale
14.3.12 Tecweigh
14.3.13 Saimo
14.3.14 Nanjing Sanai
14.3.15 Henan Fengbo
14.3.16 Sanyuan
14.3.17 SSS Electronics
14.3.18 Shanxi Litry
14.3.19 Baotou Shenda
14.3.20 Changsha Fengye
14.3.21 Shandong Jinzhong
14.3.22 Belt-Way Scales
