Market Overview:
The global material weighing system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for material weighing systems in various end-use industries, such as construction, chemical, and industrial. In addition, the growing awareness about safety and accuracy in material handling is also propelling the growth of this market. Based on type, the global material weighing system market can be segmented into micro weighing systems, minor weighing systems, and major weighing systems. Among these segments, micro weighting systems are expected to witness highest growth during the forecast period owing to their compact size and low cost as compared to other types of weighting systems. Based on application, the global material Weighing System Market can be segmented into construction industry; chemical industry; industrial sector; food & beverage industry; others (including mining & mineral processing). Among these segments, construction industry is estimated to account for a major share of this market in terms of revenue due its growing demand across developed as well as developing countries.
Product Definition:
A material weighing system is a device that is used to measure the weight of a material. This type of system can be used for a variety of purposes, including measuring the weight of cargo being transported, calculating the amount of material that is needed for a project, or determining the dosage of medication that should be administered. A material weighing system can be an important tool for businesses and organizations that need to keep track of their materials and inventory.
Micro Weighing Systems:
Micro weighing systems are used for material and bulk sample weighing. Micro Weighing Systems are also known as balance machines, precision scales or analytical balances. They are most commonly used in the food industry to ensure that ingredients and additives meet their stated weight properties before being added to a final product.
Micro weighing systems have become an important tool in quality control applications across numerous industries including pharmaceuticals, chemicals, food & beverage processing.
Minor and Major Weighing Systems:
The minor and major weighing systems are used in material weighing system. These two systems have different functions, design and applications. The application of the system can be seen in industries such as automotive, food & beverage, pharmaceuticals among others where quality is a crucial factor for production.
Application Insights:
The construction application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand from various sectors, including automotive, aerospace and defense, residential and commercial buildings.
Construction material weighing systems are used for accurate measurement of construction materials such as concrete, steel structure components & rebar, roofing tiles & slabs etc., which are used in large quantities during the course of any construction project. These systems ensure easy data collection by tallying up weight measurements taken from load cells or load sensors attached to each individual component or sub-assembly on a scale platform respectively. Such features offered by these platforms enhance data accuracy resulting in enhanced performance when compared with manual weighing methods while measuring building materials within a structure or on an assembly line floor plan during pre-construction activities stage.
Regional Analysis:
Asia Pacific dominated the global 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 rising demand for material weighing systems from various industrial and commercial applications, including construction, chemical and others. Increasing investments by governments in developing countries such as India and China are also contributing towards regional growth.
The Asia Pacific was followed by Europe which accounted for a major share of the overall industry revenue due to high demand from several industries operating within this region such as mining, metal processing, food & beverage sector among others that require accurate weight measurement at frequent intervals throughout production process or delivery cycle.
Growth Factors:
- Increasing demand for lightweight materials in automotive and aerospace industries to improve fuel efficiency and reduce emissions
- Growing popularity of additive manufacturing or 3D printing, which requires weighing of raw materials prior to printing
- Rising demand for quality control in production processes across various industries
- Proliferation of smart factories, which need material weighing systems for process automation and data collection
- Increasing awareness about the benefits of using weight-based measurement systems over traditional methods
Scope Of The Report
Report Attributes
Report Details
Report Title
Material Weighing System Market Research Report
By Type
Micro Weighing Systems, Minor and Major Weighing Systems, Others
By Application
Construction, Chemical, Industrial, Others
By Companies
Sterling Systems & Controls, Titan Machinery, PCE Instruments, Avery Weigh-Tronix, CJ Waterhouse, Michell, Andritz, Young Industries, HIWEIGH, Extrusion Technik USA, L.B. Bohle, Transcedence Automation
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Material Weighing System Market Report Segments:
The global Material Weighing System market is segmented on the basis of:
Types
Micro Weighing Systems, Minor and Major Weighing Systems, Others
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
Construction, Chemical, Industrial, 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:
- Sterling Systems & Controls
- Titan Machinery
- PCE Instruments
- Avery Weigh-Tronix
- CJ Waterhouse
- Michell
- Andritz
- Young Industries
- HIWEIGH
- Extrusion Technik USA
- L.B. Bohle
- Transcedence Automation
Highlights of The Material Weighing System 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:
- Micro Weighing Systems
- Minor and Major Weighing Systems
- Others
- By Application:
- Construction
- Chemical
- Industrial
- 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 Material Weighing System 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.
How you may use our products:
- Correctly Positioning New Products
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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 material weighing system is a device used to measure the weight of materials.
Some of the key players operating in the material weighing system market are Sterling Systems & Controls, Titan Machinery, PCE Instruments, Avery Weigh-Tronix, CJ Waterhouse, Michell, Andritz, Young Industries, HIWEIGH, Extrusion Technik USA, L.B. Bohle, Transcedence Automation.
The material weighing system 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 Material Weighing System 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 Material Weighing System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Material Weighing System 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 Material Weighing System 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 Material Weighing System Market Size & Forecast, 2020-2028
4.5.1 Material Weighing System Market Size and Y-o-Y Growth
4.5.2 Material Weighing System 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 Micro Weighing Systems
5.2.2 Minor and Major Weighing Systems
5.2.3 Others
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 Construction
6.2.2 Chemical
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Material Weighing System 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 Material Weighing System 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 Micro Weighing Systems
9.6.2 Minor and Major Weighing Systems
9.6.3 Others
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 Construction
9.10.2 Chemical
9.10.3 Industrial
9.10.4 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 Micro Weighing Systems
10.6.2 Minor and Major Weighing Systems
10.6.3 Others
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 Construction
10.10.2 Chemical
10.10.3 Industrial
10.10.4 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 Micro Weighing Systems
11.6.2 Minor and Major Weighing Systems
11.6.3 Others
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 Construction
11.10.2 Chemical
11.10.3 Industrial
11.10.4 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 Micro Weighing Systems
12.6.2 Minor and Major Weighing Systems
12.6.3 Others
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 Construction
12.10.2 Chemical
12.10.3 Industrial
12.10.4 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 Micro Weighing Systems
13.6.2 Minor and Major Weighing Systems
13.6.3 Others
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 Construction
13.10.2 Chemical
13.10.3 Industrial
13.10.4 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 Material Weighing System Market: Competitive Dashboard
14.2 Global Material Weighing System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sterling Systems & Controls
14.3.2 Titan Machinery
14.3.3 PCE Instruments
14.3.4 Avery Weigh-Tronix
14.3.5 CJ Waterhouse
14.3.6 Michell
14.3.7 Andritz
14.3.8 Young Industries
14.3.9 HIWEIGH
14.3.10 Extrusion Technik USA
14.3.11 L.B. Bohle
14.3.12 Transcedence Automation
