Press release
Industrial Weighing Equipment Market: Rising CAGR, Growth Drivers, and Emerging Trends
Industrial Weighing Equipment Market
The global industrial weighing equipment market is observing sturdy growth recently.
• In 2024, the market was valued at $2.3 billion and is expected to increase to $2.43 billion in 2025, growing at a CAGR of 5.9%. This growth can be attributed to energy efficiency, ergonomics, user-friendly design, efficiency and productivity enhancement, increased manufacturing sector, and quality control compliance.
• The market size is anticipated to undergo robust growth to $3.12 billion in 2029 at a CAGR of 6.5%. This predicted growth is due to industry 4.0 adoption, rising automation, stringent quality standards, e-commerce and logistics growth, sustainability focus, globalization, and market expansion
What Is Driving The Growth In The Industrial Weighing Equipment Market?
The surge in international trade is predicted to foster the growth of the industrial weighing equipment market. International trade, which involves the capital, commodities, and services transfer among different countries and across international borders, boosts the demand for transport and logistics, thereby driving the growth of the industrial weighing equipment market. The United Nations Conference on Trade and Development (UNCTAD) reported in July 2024 that trade in goods is likely to increase by around $250 billion, while services trade is projected to grow by $100 billion in the first half of 2024 compared to the second half of 2023. This expected growth showcases resilience amid ongoing economic challenges and demonstrates the promising growth of the industrial weighing equipment market.
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Who Are the Key Players Driving Industrial Weighing Equipment Market Growth?
Key companies in the industrial weighing equipment market include:
• A&D Weighing
• Easiweigh Ltd.
• Bilwinco AS
• CI Precision Ltd.
• Mettler-Toledo International Inc.
• Maguire Products Inc.
• Avery Weigh-Tronix LLC
• Minebea Intec GmbH
• Fairbanks Scales Inc.
• OHAUS Corporation
What Are The Key Trends In The Industrial Weighing Equipment Market?
Major trends in the industrial weighing equipment market include:
• Safety and ergonomics
• Customization and adaptability
• Integration with data analytics
• Sustainability and efficiency
What Are The Segments Of The Global Industrial Weighing Equipment Market?
• By Type: Electronic Industrial Weighing Equipment, Machinery Industrial Weighing Equipment, Electromechanical combined With Industrial Weighing Equipment, Other Types.
• By Distribution Channel: Online, Offline
• By Application: Industrial Manufacturing, Transportation And Logistics, Chemical Processing, Metal And Mining, Food And Beverages, Waste Recycling, Other Applications
Which Region Leads The Industrial Weighing Equipment Market?
In 2024, North America had the highest share in the industrial weighing equipment market. However, Asia-Pacific is forecasted to be the fastest-growing region. The report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Industrial Weighing Equipment Market Global Market Report?
- Market Size Analysis: Analyze the Industrial Weighing Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Industrial Weighing Equipment Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Industrial Weighing Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Industrial Weighing Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, new product launches in the market.
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