Press release
Conveyor Scales Market is set to garner staggering revenues by 2028
In fast growing economies and developing markets, chemicals and coal industries are expected to witness strong traction in the coming years. Advancements in technology have led to higher acceptance for products, such as conveyor scales, which are used to weigh the material being carried on conveyor belts.In process automation, weighing and controlling the rate of materials on a conveyor belt is one of the most common procedures. Conveyor scales have been considered effective for decades now and are built with specifications for a variety of environments. Different types of conveyor scales, ranging from single idlers to multi idlers, are being offered by market players.
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Conveyor Scales Market: Market Dynamics
Increasing automation in chemicals and coal industries is anticipated to be a prime factor driving the growth of the global conveyor scales market over the forecast period. Moreover, conveyor scales reduce the required number of laborers in various end-use industries.
This is another important factor expected to create traction in the conveyor scales market in near future. That apart, all growing end-use industries, such as chemical, cement, steel, coal, etc., both in developed and developing economies, are anticipated to further boost the demand for conveyor scales over the forecast period.
Conveyor Scales Market: Market Participants
The global conveyor scales market is consolidated with presence of a few global as well as regional players. Key manufacturers in the global conveyor scales market are estimated to hold dominant share in global market. Examples of some of the players identified across the value chain of the global conveyor scales market are:
Siemens AG
SSS Electronics
Yamato-Scale GmbH
Control Systems Technology (CST)
Merrick Industries
ConveyWeigh, LLC
Shanxi Litry Automated Technology Co., Ltd
FLSmidth
Saimo
Schenck Process India Private Ltd.
Thayer Scale-Hyer Industries, Inc.
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Conveyor Scales Market: Segmentation
The global conveyor scales market can be segmented on the basis of type and end use industry.
On the basis of type, the global conveyor scales market can be segmented as:
Single Idler
Dual Idler
Triple Idler
Quad Idler
Multi Idler
On the basis of end use industry, the global conveyor scales market can be segmented as:
Power Station
Chemical Industry
Cement Plants
Steel Plants
Coal Industry
Food & Beverages
Others
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