Press release
Checkweigher Machine Market is projected to expand at a CAGR of 2.5% to reach a market of US$ 774.2 Mn by 2032
Checkweigher Machine Market
Over the next few years, manufacturers spending on research related to advancements in checkweigher machines and implementing automation processes are likely to increase, which is anticipated to aid revenue generation. The food and beverage industry, especially dairy products, flesh foods, agricultural products, ready-to-eat products, and bakery & confectionary items, are driving high demand for checkweigher machines across the world.
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Key Takeaways from Market Study
By throughput rate, 50 to 150 PPM checkweigher machines are anticipated to witness demand growth at 2.8% CAGR by value during the forecast period of 2022 to 2032.
The load capacity of the machine may vary on the basis of its end use requirement. Standardized load capacity of end-use segments are 60 kg; however, machines having product load capacity above the given range are also required.
By region, East Asia and South Asia Pacific are anticipated to witness substantial growth in the market. In these regions, sales of checkweigher machines in China, ASEAN countries, and India are expected to increase at a high CAGR in terms of volume.
By load capacity, checkweigher machines ranging from 13 to 60 kg will see demand increasing at 2.4% CAGR through 2032.
"Market expanding on back of upsurge in requisition from end-use industries for better weight checkers and implementation of automation for speeding up production & packaging," says a Persistence Market Research analyst
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Competitive Landscape
Leading manufacturers of checkweigher machines include :
• R.S. Bilance S.r.L
• SF Engineering
• VBS, Inc.
• VARPE CONTROL DE PESO S.A.
• Soc. Coop. Bilanciai Campogalliano
• Thermo Fisher Scientific Inc.
• Teraoka Seiko Co., Ltd.
• Anritsu
• Bizerba
• Cassel Inspection
• Dibal
• Espera-Werke
• Idecon
• LOMA SYSTEM
• Marel
• Minebea Intec
• NEMESIS
• OCS-WIPOTEC
• Packital S.R.L.
• Prisma Industriale
• Mettler Toledo
• WIPOTEC-OCS GmbH
To gain a competitive advantage in the industry, key manufacturers are developing innovative checkweigher machine systems. Market players are also investing substantially in expansions, mergers, acquisitions, and strategic partnerships to expand their global footprint.
See more on the report at - https://www.persistencemarketresearch.com/market-research/checkweigher-market.asp
For instance:
In May 2021, a leader in the design and manufacture of inspection equipment for food and pharmaceutical industries, 'Check & Detect' specialists, LOMA SYSTEMS®, launched its new groundbreaking CW3 RUN-WET® Combo and CW3 RUN-WET® checkweigher systems.
More Valuable Insights on Offer
Persistence Market Research, a research and consulting firm, has published a new market research report on the global checkweigher machine market that contains an industry analysis of 2017-2021 and an opportunity assessment for 2022-2032.
Explore PMR's Extensive Coverage on Industrial Automation Domain - https://www.globenewswire.com/news-release/2022/06/09/2459859/0/en/Checkweigher-Machine-Market-to-expand-at-a-value-CAGR-of-2-5-from-2022-to-2032-Persistence-Market-Research.html
The report provides an in-depth analysis of the market through different segments, namely, throughput rate, load capacity, end use, and region. The report also provides supply and demand trends along with an overview of the parent market.
Explore PMR's Extensive Coverage on Industrial Automation Domain -
Limit Switch Market - Market Study on Limit Switches: Market Expanding on Back of Growing Industrial Sector Along with Rising Automation: https://www.globenewswire.com/en/news-release/2022/03/16/2404645/0/en/Limit-Switch-Market-predicted-to-increase-at-6-1-CAGR-and-reach-a-valuation-of-US-3-34-Bn-by-the-end-of-2032.html
Water and Wastewater Pipes Market - Market Study on Water and Wastewater Pipes: High Demand to Be Witnessed for Plastic Variants: https://www.globenewswire.com/en/news-release/2022/03/10/2401269/0/en/Water-and-Wastewater-Pipes-Market-is-anticipated-to-witness-a-growth-rate-of-around-6-5-over-the-decade-2022-2032.html
Thermostatic Mixing Valves Market - Market Study on Thermostatic Mixing Valves: Rapid Rise in Demand to Be Seen from Residential Sector: https://www.globenewswire.com/en/news-release/2022/03/09/2400194/0/en/Thermostatic-Mixing-Valves-Market-is-slated-to-expand-at-4-8-CAGR-to-reach-a-valuation-of-US-1-82-Bn-by-2032.html
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