Market Overview:
The global convey belt scale market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for convey belt scales from various end-use industries, such as building, mining, chemical, fertilizer, metallurgical and food industries. In addition, the growing adoption of precision type convey belt scales is also contributing to the growth of this market.
Product Definition:
A convey belt scale is a device used to weigh objects as they are transported across it. This is important for determining the weight of an object, which can then be used for things like inventory and shipping purposes.
Process Type:
The conveyor belt scale is a device used to measure the weight of passing material. It is an essential tool in the production and processing industries for weighing various materials, such as bulk solids, liquids, and powders. The global market for conveyor belt scale has witnessed significant growth over the past few years owing to its increasing demand from food & beverage industry which has led to an increase in awareness regarding their benefits such as low maintenance cost and high accuracy.
Inventory Type:
Inventory type is the different types of inventory which are used in conveyor belt scale market. It includes fixed, moving and static inventory. The main function of this inventory is to provide a count or quantity for each unit processed during a certain time period. There are mainly two types of methods adopted by these systems, namely “in-feed” and “out-feed” methods.
Application Insights:
Building industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing construction activities across several countries worldwide. Countries such as India, Brazil, and China are investing significantly in infrastructure development which is likely to propel product demand globally over the coming years.
The mining industry also accounted for a significant market share in terms of applications and is projected to grow at a CAGR of XX% from 2018 to 2030 owingto an increase in exploration activities for minerals such as copper, gold, silver, zinc among others by various companies worldwide. The chemical industry accounted for 9% market share globally on account of growing demand from various end-use industries including building & construction materials manufacturing plants fertilizers manufacturing plants among others across regions world wide due to technological advancements coupled with efficient production processes that have resulted into increased utilization rates which has further driven growth over recent years.
Regional Analysis:
Asia Pacific dominated the global convey belt scale market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing industrialization and developing economies, especially China and India. In addition, rising investments in infrastructure development are anticipated to drive demand for automated production facilities, which will further propel product demand over the coming years.
The European market is also likely to exhibit a healthy CAGR of XX% from 2018 to 2030 due its well-established manufacturing sector coupled with advanced technologies such as automation and robotics used across various industries including automotive, food & beverage, pharmaceuticals among others.
Growth Factors:
- Increasing demand from the manufacturing sector for better quality control and production efficiency
- Rising adoption of conveyor belt scales in food and beverage industry for accurate weight measurement of products
- Growing popularity of automated material handling systems, which require conveyor belt scales for efficient functioning
- Proliferation of e-commerce businesses that need to accurately measure the weight of consignments for shipping purposes
- Technological advancements that have led to the development of more sophisticated and accurate conveyor belt scales
Scope Of The Report
Report Attributes
Report Details
Report Title
Convey Belt Scale Market Research Report
By Type
Process Type, Inventory Type, Precision Type
By Application
Building Industry, Mining Industry, Chemical Industry, Fertilizer Industry, Metallurgical Industry, Food Industry, Others
By Companies
Walz Scale, Thermo Fisher Scientific, Belt-Way Scales, Thayer Scale, SRO Technology, Web Tech AutoWeigh, Tecnetics Industries, Vidmar, Schenck Process, Trimble, Siemens, Realtime Instruments (RTI), Process Automation, American Scale Company, Lahti Precision, Tecweigh, Wohwa, Western Scale
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Convey Belt Scale Market Report Segments:
The global Convey Belt Scale market is segmented on the basis of:
Types
Process Type, Inventory Type, Precision Type
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
Building Industry, Mining Industry, Chemical Industry, Fertilizer Industry, Metallurgical Industry, Food 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:
- Walz Scale
- Thermo Fisher Scientific
- Belt-Way Scales
- Thayer Scale
- SRO Technology
- Web Tech AutoWeigh
- Tecnetics Industries
- Vidmar
- Schenck Process
- Trimble
- Siemens
- Realtime Instruments (RTI)
- Process Automation
- American Scale Company
- Lahti Precision
- Tecweigh
- Wohwa
- Western Scale
Highlights of The Convey Belt Scale 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:
- Process Type
- Inventory Type
- Precision Type
- By Application:
- Building Industry
- Mining Industry
- Chemical Industry
- Fertilizer Industry
- Metallurgical Industry
- Food 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 Convey Belt Scale 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?
The convey belt scale is a tool used to measure the size of a conveyor belt. It consists of a series of graduated circles that are mounted on an arm or stand. The diameter of each circle corresponds to the width of a typical conveyor belt.
Some of the major companies in the convey belt scale market are Walz Scale, Thermo Fisher Scientific, Belt-Way Scales, Thayer Scale, SRO Technology, Web Tech AutoWeigh, Tecnetics Industries, Vidmar, Schenck Process, Trimble, Siemens, Realtime Instruments (RTI), Process Automation, American Scale Company, Lahti Precision, Tecweigh, Wohwa, Western Scale.
The convey belt scale 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 Convey Belt Scale 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 Convey Belt Scale Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Convey Belt Scale 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 Convey Belt Scale 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 Convey Belt Scale Market Size & Forecast, 2020-2028 4.5.1 Convey Belt Scale Market Size and Y-o-Y Growth 4.5.2 Convey Belt Scale 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 Process Type
5.2.2 Inventory Type
5.2.3 Precision Type
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 Building Industry
6.2.2 Mining Industry
6.2.3 Chemical Industry
6.2.4 Fertilizer Industry
6.2.5 Metallurgical Industry
6.2.6 Food Industry
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Convey Belt Scale 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 Convey Belt Scale 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 Process Type
9.6.2 Inventory Type
9.6.3 Precision Type
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 Building Industry
9.10.2 Mining Industry
9.10.3 Chemical Industry
9.10.4 Fertilizer Industry
9.10.5 Metallurgical Industry
9.10.6 Food 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 Process Type
10.6.2 Inventory Type
10.6.3 Precision Type
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 Building Industry
10.10.2 Mining Industry
10.10.3 Chemical Industry
10.10.4 Fertilizer Industry
10.10.5 Metallurgical Industry
10.10.6 Food 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 Process Type
11.6.2 Inventory Type
11.6.3 Precision Type
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 Building Industry
11.10.2 Mining Industry
11.10.3 Chemical Industry
11.10.4 Fertilizer Industry
11.10.5 Metallurgical Industry
11.10.6 Food 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 Process Type
12.6.2 Inventory Type
12.6.3 Precision Type
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 Building Industry
12.10.2 Mining Industry
12.10.3 Chemical Industry
12.10.4 Fertilizer Industry
12.10.5 Metallurgical Industry
12.10.6 Food 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 Process Type
13.6.2 Inventory Type
13.6.3 Precision Type
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 Building Industry
13.10.2 Mining Industry
13.10.3 Chemical Industry
13.10.4 Fertilizer Industry
13.10.5 Metallurgical Industry
13.10.6 Food 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 Convey Belt Scale Market: Competitive Dashboard
14.2 Global Convey Belt Scale Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Walz Scale
14.3.2 Thermo Fisher Scientific
14.3.3 Belt-Way Scales
14.3.4 Thayer Scale
14.3.5 SRO Technology
14.3.6 Web Tech AutoWeigh
14.3.7 Tecnetics Industries
14.3.8 Vidmar
14.3.9 Schenck Process
14.3.10 Trimble
14.3.11 Siemens
14.3.12 Realtime Instruments (RTI)
14.3.13 Process Automation
14.3.14 American Scale Company
14.3.15 Lahti Precision
14.3.16 Tecweigh
14.3.17 Wohwa
14.3.18 Western Scale