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Automatic Checkweighers Market will reach 540 million US$ in 2023
Press release from: Global Info Research
New report published by Global Info Research which offers insights on the global Automatic Checkweighers market.
A checkweigher is an automatic or manual machine for checking the weight of packaged commodities. It is normally found at the offgoing end of a production process and is used to ensure that the weight of a pack of the commodity is within specified limits. Any packs that are outside the tolerance are taken out of line automatically.
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Global Automatic Checkweighers Market: Forecast by Type / Application / Region
In the last several years, global market of checkweighers developed stable, with CAGR of 3.89% in the past five years. In 2017, Global Market Size of checkweighers is nearly 470.12 M USD; the actual sale is about 59116 Units.The global average price of checkweighers is stable from 2013 to 2017. With the situation of global economy, prices will be in slowly decreasing trend in the following five years.
The classification of checkweighers includes In-motion checkweighers and intermittent checkweighers, and the proportion of In-motion checkweighers in 2017 is about 81.47%, and the proportion is in increase trend from 2013 to 2017. Checkweighers is widely used in food & beverage, pharmaceuticals, chemical industry and other industry. The most proportion of checkweighers is food & beverage and in 2017 with 54.71% market share. The trend of pharmaceuticals is increasing.
The worldwide market for Automatic Checkweighers is expected to grow at a CAGR of roughly 2.4% over the next five years, will reach 540 million US$ in 2023, from 470 million US$ in 2017, according to a new GIR (Global Info Research) study.
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United States Automatic Checkweighers Market 2018 Forecast to 2023
Europe Automatic Checkweighers Market 2018 Forecast to 2023
North America Automatic Checkweighers Market 2018 Forecast to 2023
Asia-Pacific Automatic Checkweighers Market 2018 Forecast to 2023
China Automatic Checkweighers Market 2018 Forecast to 2023
EMEA Automatic Checkweighers Market 2018 Forecast to 2023
Global Automatic Checkweighers Market 2018 Forecast to 2023
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