Market Overview:
The global weighing indicator controller 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 weighing indicator controllers in various industries such as commercial, industrial, and others. Additionally, the growing awareness about safety and security is also propelling the demand for weighing indicator controllers across different regions. Based on type, the global market for weighing indicator controllers has been segmented into VFD display and LED display. The VFD display segment is expected to account for a larger share of the overall market in terms of revenue during the forecast period from 2018 to 2030.
Product Definition:
A weighing indicator controller is a device used to measure and control the weight of an object. It is important because it ensures that objects are accurately weighed, which is necessary for many industrial and commercial applications.
VFD Display:
VFD display is a device used to show the current process or variable in mechanical or electrical systems. It can be used in various applications such as food & beverage, pharmaceuticals, chemical processing industries and others. VFD displays are widely used for controlling processes that involve weighing of materials due to their ability to provide accurate weight measurements under varying conditions including temperature and load.
The global VFD display market size was valued at USD 856 million in 2015.
LED Display:
LED display is an advanced technology that provides better readability and visibility. It has a wide range of applications in various industries such as healthcare, food & beverages, consumer goods & retail etc. The LED display is used in the weighing indicator controller market for indicating certain parameters such as weight remaining or total count etc.
The components used in the manufacturing of LED displays include diodes and transistors along with other passive components like resistors, capacitors.
Application Insights:
The industry segment dominated the global weighing indicator controller market in 2017, accounting for over 60.0% share of the overall revenue. The growth can be attributed to increasing demand from various industries such as food & beverage, chemical, pharmaceutical and mining among others. In addition, factors such as growing population and rapid urbanization result in increased demand for trucks which further fuels the segment growth during forecast years.
The commercial vehicle category is anticipated to witness significant growth over the forecast period owing to rising disposable income levels coupled with a growing middle-class population that prefers using commercial vehicles due to their convenience and flexibility of operations compared to other modes of transport such as buses or trains. Furthermore, governments around the world are continuously working towards improving road infrastructure which will eventually fuel segmental growth during future years when new projects are implemented globally regarding this matter.
Regional Analysis:
Asia Pacific dominated the global weighing indicator controller market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising population, and rapid urbanization. Asia Pacific has a large number of manufacturing facilities that are adopting VFDs for various applications such as food & beverage, chemicals & petrochemicals among others. Moreover, countries such as China and India have been witnessing strong economic growth which is further anticipated to boost demand for VFDs in these countries over the forecast period.
The Middle East & Africa region is projected to grow at a lucrative rate over the next eight years owing to increasing oil production activities particularly in Saudi Arabia among other Gulf Cooperation Council (GCC) nations coupled with growing commercial construction sector across several African countries including Nigeria amongst others will drive industry expansion rates during the estimated time-frame.
Growth Factors:
- Increasing demand for weighing indicator controllers in the food and beverage industry as a result of the need to comply with stringent regulations on product weight and labeling.
- Growing demand for weighing indicator controllers in the pharmaceutical industry due to the need to accurately weigh ingredients and compounds during production.
- Rapid growth of e-commerce, which is fueling demand for lightweight, high precision weighing indicator controllers from logistics providers and retailers keen on reducing shipping costs.
- Rising investment in industrial automation across various sectors, which is leading to an increase in demand for advanced weighing indicator controllers that can be integrated into production lines. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Weighing Indicator Controller Market Research Report
By Type
VFD Display, LED Display
By Application
Industry, Commcial, Others
By Companies
Flintec Inc, Omron, LCM Systems, PT Limited, A&D Company, BOSCHE, Hardy Process Solutions, IPA, Sharp Electronics, Supmeter, Flintec Inc
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Weighing Indicator Controller Market Report Segments:
The global Weighing Indicator Controller market is segmented on the basis of:
Types
VFD Display, LED Display
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
Industry, Commcial, 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:
- Flintec Inc
- Omron
- LCM Systems
- PT Limited
- A&D Company
- BOSCHE
- Hardy Process Solutions
- IPA
- Sharp Electronics
- Supmeter
- Flintec Inc
Highlights of The Weighing Indicator Controller 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:
- VFD Display
- LED Display
- By Application:
- Industry
- Commcial
- 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 Weighing Indicator Controller 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 weighing indicator controller is a device that helps to maintain accurate weight measurements by automatically controlling the weigh scale. This ensures that the weights being measured are consistently accurate, which can help to improve quality control and accuracy in your manufacturing process.
Some of the major companies in the weighing indicator controller market are Flintec Inc, Omron, LCM Systems, PT Limited, A&D Company, BOSCHE, Hardy Process Solutions, IPA, Sharp Electronics, Supmeter, Flintec Inc.
The weighing indicator controller 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 Weighing Indicator Controller 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 Weighing Indicator Controller Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Weighing Indicator Controller 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 Weighing Indicator Controller 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 Weighing Indicator Controller Market Size & Forecast, 2020-2028
4.5.1 Weighing Indicator Controller Market Size and Y-o-Y Growth
4.5.2 Weighing Indicator Controller 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 VFD Display
5.2.2 LED Display
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 Industry
6.2.2 Commcial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Weighing Indicator Controller 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 Weighing Indicator Controller 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 VFD Display
9.6.2 LED Display
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 Industry
9.10.2 Commcial
9.10.3 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 VFD Display
10.6.2 LED Display
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 Industry
10.10.2 Commcial
10.10.3 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 VFD Display
11.6.2 LED Display
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 Industry
11.10.2 Commcial
11.10.3 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 VFD Display
12.6.2 LED Display
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 Industry
12.10.2 Commcial
12.10.3 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 VFD Display
13.6.2 LED Display
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 Industry
13.10.2 Commcial
13.10.3 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 Weighing Indicator Controller Market: Competitive Dashboard
14.2 Global Weighing Indicator Controller Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Flintec Inc
14.3.2 Omron
14.3.3 LCM Systems
14.3.4 PT Limited
14.3.5 A&D Company
14.3.6 BOSCHE
14.3.7 Hardy Process Solutions
14.3.8 IPA
14.3.9 Sharp Electronics
14.3.10 Supmeter
14.3.11 Flintec Inc
