Market Overview:
The global canister load cell market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market is primarily attributed to the increasing demand for canister load cells in various applications, such as food and beverages, medical and pharmaceuticals, automotive, construction, aerospace and defense, and others. In addition, the growing demand for high-capacity load cells is also contributing to the growth of this market.
Product Definition:
A canister load cell is a type of force sensor that detects the force applied to it through the compression of a metal canister. This type of sensor is often used in industrial applications where precise measurements are required.
Low-capacity Load Cell:
Low-capacity load cells are used in the food & beverage, pharmaceuticals, and chemical industries for weighing low-value substances such as powder or granules. They are also used in other applications where a low capacity force is required to be applied to the substance being measured.
The market for low-capacity load cells is expected to grow at a CAGR of XX% from 2016 to 2024 on account of its increasing usage across various industries including pharmaceuticals.
Medium-capacity Load Cell:
The medium-capacity load cell (MCLC) is a type of load cell used in the food and beverage industry for weighing bulk products such as solids, liquids, semi-solids or liquid substances. It can be used with different types of containers depending on the capacity range to measure product weight. The MCLCs are available in different forms such as plate and frame, vertical travel only, fixed base with wheels & platform or portable models.
Application Insights:
The food and beverages application segment led the global canister load cell market in 2017. This is attributed to increasing demand for packaged foods, such as ready-to-eat meals, frozen meals, snack foods and desserts. In addition, rising demand for carbonated soft drinks is expected to drive the segment over the forecast period.
The medical and pharmaceutical application segment is projected to witness significant growth over the forecast period due to an increase in healthcare spending along with a rise in geriatric population across countries globally that requires more care services. Moreover, technological advancements related to electronic health records are anticipated fuel industry growth during future years.
Regional Analysis:
North America dominated the global canister load cell market in 2017. The region is expected to maintain its dominance over the forecast period as well. This growth can be attributed to increasing investments in automation and rising adoption of high-precision weighing instruments for product testing and quality control applications. Moreover, growing demand for canned food products such as soups, stews, sauces, gravies & dressings is anticipated to drive the regional market further.
Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to rapid industrialization coupled with increasing government initiatives towards infrastructure development in countries such as China and India are some of the key factors driving this regional market forward.
Growth Factors:
- Increasing demand from the automotive industry for weight-based measurement in manufacturing and production processes.
- Growing popularity of load cells in laboratory and research applications, owing to their accuracy and precision.
- Rising demand for miniaturized load cells in medical devices and portable electronics products.
- Proliferation of e-commerce platforms that are fuelling the need for parcel tracking systems with accurate weight measurements.
Scope Of The Report
Report Attributes
Report Details
Report Title
Canister Load Cell Market Research Report
By Type
Low-capacity Load Cell, Medium-capacity Load Cell, High-capacity Load Cell
By Application
Food and Beverages, Medical and Pharmaceutical, Automotive, Construction, Aerospace and Defense, Others
By Companies
Changzhou Right Measurement and control system Co., Ltd., Omega Engineering, Hottinger Baldwin Messtechnik GmbH(Spectris plc), FUTEK Advanced Sensor Technology, Inc., Thames Side Sensors, Mettler Toledo, Flintec, HBK Contracting Company W.L.L, PT Limited, Vishay Precision Group Inc., Honeywell International
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Canister Load Cell Market Report Segments:
The global Canister Load Cell market is segmented on the basis of:
Types
Low-capacity Load Cell, Medium-capacity Load Cell, High-capacity Load Cell
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
Food and Beverages, Medical and Pharmaceutical, Automotive, Construction, Aerospace and Defense, 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:
- Changzhou Right Measurement and control system Co., Ltd.
- Omega Engineering
- Hottinger Baldwin Messtechnik GmbH(Spectris plc)
- FUTEK Advanced Sensor Technology, Inc.
- Thames Side Sensors
- Mettler Toledo
- Flintec
- HBK Contracting Company W.L.L
- PT Limited
- Vishay Precision Group Inc.
- Honeywell International
Highlights of The Canister Load Cell 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:
- Low-capacity Load Cell
- Medium-capacity Load Cell
- High-capacity Load Cell
- By Application:
- Food and Beverages
- Medical and Pharmaceutical
- Automotive
- Construction
- Aerospace and Defense
- 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 Canister Load Cell 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?
A canister load cell is a type of sensor that measures the weight of an object. It is often used in industrial applications, such as manufacturing and logistics.
Some of the major companies in the canister load cell market are Changzhou Right Measurement and control system Co., Ltd., Omega Engineering, Hottinger Baldwin Messtechnik GmbH(Spectris plc), FUTEK Advanced Sensor Technology, Inc., Thames Side Sensors, Mettler Toledo, Flintec, HBK Contracting Company W.L.L, PT Limited, Vishay Precision Group Inc., Honeywell International.
The canister load cell market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Canister Load Cell 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 Canister Load Cell Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Canister Load Cell 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 Canister Load Cell 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 Canister Load Cell Market Size & Forecast, 2020-2028
4.5.1 Canister Load Cell Market Size and Y-o-Y Growth
4.5.2 Canister Load Cell 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 Low-capacity Load Cell
5.2.2 Medium-capacity Load Cell
5.2.3 High-capacity Load Cell
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 Food and Beverages
6.2.2 Medical and Pharmaceutical
6.2.3 Automotive
6.2.4 Construction
6.2.5 Aerospace and Defense
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Canister Load Cell 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 Canister Load Cell 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 Low-capacity Load Cell
9.6.2 Medium-capacity Load Cell
9.6.3 High-capacity Load Cell
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 Food and Beverages
9.10.2 Medical and Pharmaceutical
9.10.3 Automotive
9.10.4 Construction
9.10.5 Aerospace and Defense
9.10.6 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 Low-capacity Load Cell
10.6.2 Medium-capacity Load Cell
10.6.3 High-capacity Load Cell
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 Food and Beverages
10.10.2 Medical and Pharmaceutical
10.10.3 Automotive
10.10.4 Construction
10.10.5 Aerospace and Defense
10.10.6 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 Low-capacity Load Cell
11.6.2 Medium-capacity Load Cell
11.6.3 High-capacity Load Cell
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 Food and Beverages
11.10.2 Medical and Pharmaceutical
11.10.3 Automotive
11.10.4 Construction
11.10.5 Aerospace and Defense
11.10.6 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 Low-capacity Load Cell
12.6.2 Medium-capacity Load Cell
12.6.3 High-capacity Load Cell
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 Food and Beverages
12.10.2 Medical and Pharmaceutical
12.10.3 Automotive
12.10.4 Construction
12.10.5 Aerospace and Defense
12.10.6 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 Low-capacity Load Cell
13.6.2 Medium-capacity Load Cell
13.6.3 High-capacity Load Cell
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 Food and Beverages
13.10.2 Medical and Pharmaceutical
13.10.3 Automotive
13.10.4 Construction
13.10.5 Aerospace and Defense
13.10.6 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 Canister Load Cell Market: Competitive Dashboard
14.2 Global Canister Load Cell Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Changzhou Right Measurement and control system Co., Ltd.
14.3.2 Omega Engineering
14.3.3 Hottinger Baldwin Messtechnik GmbH(Spectris plc)
14.3.4 FUTEK Advanced Sensor Technology, Inc.
14.3.5 Thames Side Sensors
14.3.6 Mettler Toledo
14.3.7 Flintec
14.3.8 HBK Contracting Company W.L.L
14.3.9 PT Limited
14.3.10 Vishay Precision Group Inc.
14.3.11 Honeywell International
