Market Overview:
The global load monitoring system 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 digital load monitoring systems and the growing awareness about energy conservation among consumers. The global load monitoring system market is segmented on the basis of type, application, and region. On the basis of type, it is divided into analog load monitoring systems and digital load monitoring systems. Analog Load Monitoring Systems are further classified into single-phase and three-phase monitors while Digital Load Monitoring Systems are further classified into smart meters, data loggers/recorders, transducers/sensors, software & services). On the basis of application, it is divided into automotive; marine; construction; energy (utilities & generation); aerospace; healthcare (hospitals & clinics); others (education institutes & research laboratories).
Product Definition:
A load monitoring system is a device or software used to measure and monitor the load on a power supply. This information can be used to optimize the performance of the power supply and prevent potential overloads.
Analog Load Monitoring System:
Analog load monitoring system is a device that monitors the current and voltage of an analog signal. It is widely used in process industries such as oil & gas, power generation, petrochemical, food & beverage and mining among others. The growth factor for this market includes growing demand from end-use industries along with technological advancements by manufacturers to meet the customer requirements effectively.
Digital Load Monitoring System:
A digital load monitoring system is a device that monitors the current and voltage of electric loads. It helps in reducing the overloading, short circuits, and heating issues in electrical equipment. The load monitoring systems are used across various industries such as oil & gas, chemical processing industry, power generation plants among others for several applications such as controlling machines or processes to avoid any type of accidents and damage to the equipment due to overload or undercurrent etc.
Application Insights:
The automotive application segment accounted for the largest share of over 30.0% in 2017 and is expected to witness significant growth over the forecast period. The growing demand for electric vehicles coupled with increasing government regulations regarding energy consumption is anticipated to drive the demand for LMS in this sector.
The construction segment accounted for a significant share in 2017 owing to rising investments by governments across various countries, particularly China and India, towards infrastructure development activities such as smart cities project implementation. This has led to an increase in power distribution network installations, which are prone to failures during heavy rains or when there is a shift in weather patterns due to climate change causing outages across various electrical grids resulting into load-shedding of electricity supply leading system manufacturers including ABB Ltd., Schneider Electric SE, Inc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing awareness regarding power consumption, growing industrialization, and rising investments in smart grid projects. In addition, favorable government initiatives such as “Make in India†initiative by the Indian government are expected to boost manufacturing activities across various sectors including automotive and energy which will further propel market growth.
Europe held a significant share of global load monitoring system demand owing to early adoption of technologies across several industries such as healthcare, retail & e-commerce, transportation & logistics among others. Moreover European Commission's €preadsheet policy has initiated a number of Load Monitoring System (LMS) based projects for different applications with an aim towards reducing carbon footprint and enhancing overall energy efficiency thereby driving regional market growth over the forecast period.
Growth Factors:
- Increasing demand for data center and cloud services
- Proliferation of smart devices and the Internet of Things (IoT)
- Growing need for energy efficiency and sustainability in data centers
- Emergence of big data analytics and machine learning
- Rapid expansion of 5G networks
Scope Of The Report
Report Attributes
Report Details
Report Title
Load Monitoring System Market Research Report
By Type
Analog Load Monitoring System, Digital Load Monitoring System
By Application
Automotive, Marine, Construction, Energy, Aerospace, Healthcare, Others
By Companies
Mettler Toledo, Spectris, Flintec, Keli Electric Manufacturing, Vishay Precision Group, Dynamic Load Monitoring, JCM Load Monitoring, LCM Systems, Load Monitoring Systems Ltd, Straightpoint, Wirop Industrial, MinebeaMitsumi, Yamato Scale, ZEMIC, Precia Molen, Futek, Standard Loadcells, Strainsert, Thames Side Sensors, LAUMAS Elettronica
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Load Monitoring System Market Report Segments:
The global Load Monitoring System market is segmented on the basis of:
Types
Analog Load Monitoring System, Digital Load Monitoring System
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
Automotive, Marine, Construction, Energy, Aerospace, Healthcare, 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:
- Mettler Toledo
- Spectris
- Flintec
- Keli Electric Manufacturing
- Vishay Precision Group
- Dynamic Load Monitoring
- JCM Load Monitoring
- LCM Systems
- Load Monitoring Systems Ltd
- Straightpoint
- Wirop Industrial
- MinebeaMitsumi
- Yamato Scale
- ZEMIC
- Precia Molen
- Futek
- Standard Loadcells
- Strainsert
- Thames Side Sensors
- LAUMAS Elettronica
Highlights of The Load Monitoring 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:
- Analog Load Monitoring System
- Digital Load Monitoring System
- By Application:
- Automotive
- Marine
- Construction
- Energy
- Aerospace
- Healthcare
- 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 Load Monitoring 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.
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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 load monitoring system (LMS) is a computer system that monitors the performance of a web server or other application. The LMS collects data about how much traffic the server is handling, and sends alerts if it detects any problems.
Some of the key players operating in the load monitoring system market are Mettler Toledo, Spectris, Flintec, Keli Electric Manufacturing, Vishay Precision Group, Dynamic Load Monitoring, JCM Load Monitoring, LCM Systems, Load Monitoring Systems Ltd, Straightpoint, Wirop Industrial, MinebeaMitsumi, Yamato Scale, ZEMIC, Precia Molen, Futek, Standard Loadcells, Strainsert, Thames Side Sensors, LAUMAS Elettronica.
The load monitoring system market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Load Monitoring System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Load Monitoring System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Load Monitoring System Market - Supply Chain
4.5. Global Load Monitoring System Market Forecast
4.5.1. Load Monitoring System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Load Monitoring System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Load Monitoring System Market Absolute $ Opportunity
5. Global Load Monitoring System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Load Monitoring System Market Size and Volume Forecast by Type
5.3.1. Analog Load Monitoring System
5.3.2. Digital Load Monitoring System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Load Monitoring System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Load Monitoring System Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Marine
6.3.3. Construction
6.3.4. Energy
6.3.5. Aerospace
6.3.6. Healthcare
6.3.7. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Load Monitoring System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Load Monitoring System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Load Monitoring System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Load Monitoring System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Load Monitoring System Demand Share Forecast, 2019-2029
9. North America Load Monitoring System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Load Monitoring System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Load Monitoring System Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Marine
9.4.3. Construction
9.4.4. Energy
9.4.5. Aerospace
9.4.6. Healthcare
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Load Monitoring System Market Size and Volume Forecast by Type
9.7.1. Analog Load Monitoring System
9.7.2. Digital Load Monitoring System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Load Monitoring System Demand Share Forecast, 2019-2029
10. Latin America Load Monitoring System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Load Monitoring System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Load Monitoring System Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Marine
10.4.3. Construction
10.4.4. Energy
10.4.5. Aerospace
10.4.6. Healthcare
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Load Monitoring System Market Size and Volume Forecast by Type
10.7.1. Analog Load Monitoring System
10.7.2. Digital Load Monitoring System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Load Monitoring System Demand Share Forecast, 2019-2029
11. Europe Load Monitoring System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Load Monitoring System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Load Monitoring System Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Marine
11.4.3. Construction
11.4.4. Energy
11.4.5. Aerospace
11.4.6. Healthcare
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Load Monitoring System Market Size and Volume Forecast by Type
11.7.1. Analog Load Monitoring System
11.7.2. Digital Load Monitoring System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Load Monitoring System Demand Share, 2019-2029
12. Asia Pacific Load Monitoring System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Load Monitoring System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Load Monitoring System Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Marine
12.4.3. Construction
12.4.4. Energy
12.4.5. Aerospace
12.4.6. Healthcare
12.4.7. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Load Monitoring System Market Size and Volume Forecast by Type
12.7.1. Analog Load Monitoring System
12.7.2. Digital Load Monitoring System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Load Monitoring System Demand Share, 2019-2029
13. Middle East & Africa Load Monitoring System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Load Monitoring System Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Load Monitoring System Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Marine
13.4.3. Construction
13.4.4. Energy
13.4.5. Aerospace
13.4.6. Healthcare
13.4.7. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Load Monitoring System Market Size and Volume Forecast by Type
13.7.1. Analog Load Monitoring System
13.7.2. Digital Load Monitoring System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Load Monitoring System Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Load Monitoring System Market: Market Share Analysis
14.2. Load Monitoring System Distributors and Customers
14.3. Load Monitoring System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mettler Toledo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Spectris
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Flintec
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Keli Electric Manufacturing
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Vishay Precision Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dynamic Load Monitoring
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JCM Load Monitoring
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LCM Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Load Monitoring Systems Ltd
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Straightpoint
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wirop Industrial
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. MinebeaMitsumi
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Yamato Scale
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ZEMIC
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Precia Molen
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Futek
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Standard Loadcells
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Strainsert
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Thames Side Sensors
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. LAUMAS Elettronica
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
