Market Overview:
The global miniature load cells market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for miniature load cells in various applications, such as electronic price scales, platform scales, sorting scales, truck scales and others. Miniature load cells are used in these applications owing to their high accuracy and precision levels. In addition, the growing demand for miniaturized sensors across different industries is also contributing to the growth of this market.
Product Definition:
A miniature load cell is a type of load cell that is designed to be small in size. This type of load cell can be used for a variety of applications, including weighing small objects and measuring the force or pressure applied to a surface. Miniature load cells are often used in medical devices and laboratory equipment.
Reflection Type:
Reflection type load cells are used in applications where the normal incident light is not sufficient to provide an accurate reading. Reflection type uses a beam of light from a source and reflects it off an object and measures the angle of incidence. The advantage of using reflection-type load cells is that they can be used for applications where direct measurement from sunlight or other sources would be inappropriate, such as inside buildings or tunnels.
Blocking Type:
The blocking type is used in the miniature load cells for measuring force, torque or current. It’s a mechanical device that can be used to measure any applied forces and currents. The most common application of blocking types is in position feedback sensors and torque sensors.
In these applications, the sensor signal is blocked by a movable armature so that only certain frequencies are allowed to pass through while the rest are reflected back.
Application Insights:
The electronic price scale segment accounted for the largest revenue share of over 30% in 2017. The mini load cells are used to measure weight and volume for pricing purposes at grocery stores, hypermarkets, supermarkets and retail shops. Electronic load cells with digital weighing technology provide a higher accuracy as compared to their mechanical counterparts due to the former¢â‚¬â„¢sabilityto auto-calibrate itself against standard weights. This has ledto an increased demand from supermarkets, retail shops and e-commerce companies across the globe.
The platform scale segment is expected witness significant growth over the forecast period owing to its abilityto weigh large or heavy objects easily without having them touchthe ground surface beneath them thereby avoiding any additional work onload cell operator's part.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for small and large scale weighing equipment in various industrial applications such as pharmaceutical, food & beverage, automotive, and others. Increasing number of manufacturing industries in this region is also anticipated to boost product demand over the forecast period.
The market in Europe accounted for a significant share owing to high production volume of vehicles and aircraft across major countries including Germany, Spain, Italy, France among others. In addition it has been observed that trucks are increasingly becoming smaller with less weight capacity which results into miniaturization of load cells used for measurement purposes; hence driving product demand over the projected period.
Growth Factors:
- Increasing demand for miniature load cells in various industrial applications is expected to drive the market growth.
- Rising adoption of miniaturized sensors in consumer electronics and automotive sectors is anticipated to fuel the market growth over the forecast period.
- Growing demand for high-precision measurement devices across various industries is projected to propel the market growth during the forecast period.
- Technological advancements in miniature load cells are expected to create new opportunities for market players over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Miniature Load Cells Market Research Report
By Type
Reflection Type, Blocking Type
By Application
Electronic Price Scale, Platform Scale, Sorting Scale, Truck Scale, Others
By Companies
Futek, Mettler, Honeywell, Toledo, Evtsensor, Transducer Techniques, Tecsis LP, Mecmesin, HT Sensor Technology, LORD Sensing-Stellar Technology, Futek
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Miniature Load Cells Market Report Segments:
The global Miniature Load Cells market is segmented on the basis of:
Types
Reflection Type, Blocking 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
Electronic Price Scale, Platform Scale, Sorting Scale, Truck Scale, 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:
- Futek
- Mettler
- Honeywell
- Toledo
- Evtsensor
- Transducer Techniques
- Tecsis LP
- Mecmesin
- HT Sensor Technology
- LORD Sensing-Stellar Technology
- Futek
Highlights of The Miniature Load Cells 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:
- Reflection Type
- Blocking Type
- By Application:
- Electronic Price Scale
- Platform Scale
- Sorting Scale
- Truck Scale
- 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 Miniature Load Cells 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?
Miniature load cells are a type of electronic load cell that measures the force applied to it by an external force. They are typically used in industrial and scientific applications where small size, low weight, and high accuracy is required.
Some of the major players in the miniature load cells market are Futek, Mettler, Honeywell, Toledo, Evtsensor, Transducer Techniques, Tecsis LP, Mecmesin, HT Sensor Technology, LORD Sensing-Stellar Technology, Futek.
The miniature load cells 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 Miniature Load Cells 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 Miniature Load Cells Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Miniature Load Cells 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 Miniature Load Cells 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 Miniature Load Cells Market Size & Forecast, 2020-2028
4.5.1 Miniature Load Cells Market Size and Y-o-Y Growth
4.5.2 Miniature Load Cells 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 Reflection Type
5.2.2 Blocking 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 Electronic Price Scale
6.2.2 Platform Scale
6.2.3 Sorting Scale
6.2.4 Truck Scale
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Miniature Load Cells 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 Miniature Load Cells 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 Reflection Type
9.6.2 Blocking 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 Electronic Price Scale
9.10.2 Platform Scale
9.10.3 Sorting Scale
9.10.4 Truck Scale
9.10.5 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 Reflection Type
10.6.2 Blocking 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 Electronic Price Scale
10.10.2 Platform Scale
10.10.3 Sorting Scale
10.10.4 Truck Scale
10.10.5 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 Reflection Type
11.6.2 Blocking 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 Electronic Price Scale
11.10.2 Platform Scale
11.10.3 Sorting Scale
11.10.4 Truck Scale
11.10.5 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 Reflection Type
12.6.2 Blocking 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 Electronic Price Scale
12.10.2 Platform Scale
12.10.3 Sorting Scale
12.10.4 Truck Scale
12.10.5 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 Reflection Type
13.6.2 Blocking 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 Electronic Price Scale
13.10.2 Platform Scale
13.10.3 Sorting Scale
13.10.4 Truck Scale
13.10.5 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 Miniature Load Cells Market: Competitive Dashboard
14.2 Global Miniature Load Cells Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Futek
14.3.2 Mettler
14.3.3 Honeywell
14.3.4 Toledo
14.3.5 Evtsensor
14.3.6 Transducer Techniques
14.3.7 Tecsis LP
14.3.8 Mecmesin
14.3.9 HT Sensor Technology
14.3.10 LORD Sensing-Stellar Technology
14.3.11 Futek
