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Weighing and Inspection Market: Full In-depth Analysis by Top Key Players, Regional Outlook, Latest Trend and Forecast to 2024

Global Weighing and Inspection Market – Industry Trends and Forecast to 2024

Global Weighing and Inspection Market – Industry Trends and Forecast to 2024

Global Weighing and Inspection Market is expected to reach USD 3,089.85 million by 2024, from USD 1,940.60 million in 2016 growing at a CAGR of 6.1% in the forecast period 2017 to 2024.

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Major Players: Global Weighing and Inspection Market

• Precia SA,
• Loma Systems (ITW),
• Wipotec-OCS GMBH,
• Aja Ltd,
• Xactpack,
• Marel,
• Thermo Fisher Scientific Inc.,
• Liebel,
• Bizerba,
• VBS, Inc.,
• Minebea Intec,
• Mettler Toledo,
• Anritsu,
• Sesotec Gmbh,
• JBT,
• Heat And Control Inc.,
• Rehoo Industrial Limited,
• Murata Machinery Ltd
• Ishida Co. ltd.,
• yangzhou aerosol machinery equipment Co. Ltd.
• among others.

INCREASED SALES OF HIGH-END EQUIPMENT DUE THE BENEFITS SUCH AS ACCURACY AND PRECISION PROVIDED BY THE EQUIPMENT

The high-end equipment is most appropriate for large facilities where there is need to prioritize the findings or for industries where calibration and repeatability is an issue. The accuracy of such a system depends on the vessel design (inventory silo, reactor, batch tank, etc.), piping attachments, support structure, lateral restraint system, vessel environment (traffic, temperature, nearby equipment), and proper selection of transducer accessories. The weigh system accuracy is unavoidably related to the degree of attention given to the mechanical details and vessel functionality. The high accuracy of the process weighing systems displays system errors less than 0.05% to 0.25%. The precision load cells or weigh modules with full temperature compensation must be used.

These weighing and inspection systems with high accuracy and precision are used for the weighing and inspection of the various products. The accuracy and precision helps in detecting impurity in the product thus enhancing the quality of the final product delivered. The benefits of this high end equipment and the high demand of quality products from the consumer are raising the demand of weighing and inspection market.

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RISING USAGE OF WEIGHING AND INSPECTION MACHINES FOR QUALITY CHECK OF CEREALS AND GRAINS IN FOOD INDUSTRY

The Federal Grain Inspection Service (FGIS) is a program of the U.S. Department of Agriculture’s (USDA) Grain Inspection, Packers and Stockyards Administration (GIPSA). FGIS administers a system for officially inspecting and weighing grain and other commodities through 12 field offices and two federal/state offices in the United States and Canada. FGIS field offices also oversee the work of state and private agencies which provide official services at other domestic grain markets. Eight of these state agencies are also authorized to perform official export services at ports.

The U.S. Grain Standards Act provides the establishment of official U.S. grain standards that are used to measure and describe the physical and biological properties of the grain at the time of inspection. The high uses of the weighing machines in the production and refining of cereals and grains have grown the demand of the weighing machines. The rising population leading to increased demand of high quality cereals and grains has led to increase in use of weighing and inspection equipment.

Key Drivers:

Global weighing and inspection market is growing with the increased sales of high-end equipment due to the benefits of the equipment, rising usage of weighing and inspection machines for quality check, growing demand for inspection in pharmaceuticals, rising demand of inspection devices in food industry is boosting the growth of the global weighing and inspection market.

Key Reasons to Purchase:

• To gain insightful analyses of the market and have comprehensive understanding of the Global Weighing and Inspection Market and its commercial landscape.
• Assess the Global Weighing and Inspection Market production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the Global Weighing and Inspection Market and its impact in the Global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for Global Weighing and Inspection Market.

Key Points:

The weighing and inspection market in the Global region is leading in North America, Europe, and Asia-Pacific. North America accounts for the highest market share in this region.

Global food and beverages weighing and inspection market is dominated by Thermo Fisher Scientific Inc., followed by MAREL and loma systems
Global pharmaceuticals weighing and inspection market is dominated by Thermo Fisher Scientific Inc., followed by Minebea Mitsumi Inc., and Anritsu.

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