Industrial Weighing Machine Market Size to Grow by USD 711.9 Million | 39% of the market growth will originate from APAC |17,000+ Technavio Reports

NEW YORK, April 29, 2022 /PRNewswire/ -- The industrial weighing machine market potential growth difference is expected to reach USD 711.9 million from 2021 to 2026, as per the latest market analysis report by Technavio. The report also identifies the market to witness an accelerating growth momentum at a CAGR of 4.88% during the forecast period. The increasing demand for automated and digital weighing scales is notably driving the industrial weighing machine market growth, although factors such as high market competition leading to price decline may impede the market growth. 

Technavio has announced its latest market research report titled Industrial Weighing Machine Market by End-user and Geography - Forecast and Analysis 2022-2026

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Industrial Weighing Machine Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.88%

Market growth 2022-2026

$ 711.9 million

Market structure

Fragmented

YoY growth (%)

3.92

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 39%

Key consumer countries

US, China, Japan, Marshall Islands, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

A and D Co. Ltd., ATRAX GROUP NZ LTD., Bilwinco AS, CI Electronics Ltd., D Brash and Sons Ltd., Doran Scales Inc, Essae Teraoka Pvt. Ltd., Fairbanks Scales Inc., Illinois Tool Works Inc., KERN and SOHN GmbH, Maguire Products, Mettler Toledo International Inc., MinebeaMitsumi Inc., Radwag Wagi Elektroniczne, Rice Lake Weighing Systems India Ltd., Sansui Electronics Pvt. Ltd., Sartorius AG, Shimadzu Corp., and Thompson Scale Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Key Segment Highlights

  • The industrial weighing machine market analysis segmentation by end-user and geography. By end-user, the market is segmented into manufacturing, transportation and logistics, food and beverages, chemicals, and other segments. The manufacturing end-user segment emerged as the highest revenue-generating segment of the market. The segment is anticipated to account for highest share throughout the forecast period mainly due to the growing use of industrial weighing machines all industries as the quantity of raw materials added and the number of products produced need to be accounted for. 
  • In terms of Geography, 39% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for industrial weighing machines in APAC. All the end-user segments such as manufacturing, transportation and logistics, food and beverage, chemical, and mining are expected to grow in this region. The industrial sector in this region is expected to have rapid growth owing to the developmental activities in countries such as China, India, and Indonesia.This is further expected to influence the market growth positively during the forecast period.

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Market Scope

Technavio categorizes the global industrial weighing machine market as a part of the global industrial machinery market. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report provides extensive information on the value chain analysis for the industrial weighing machine market, which vendors can leverage to gain a competitive advantage during the forecast period.

The industrial weighing machine market covers the following areas:

Industrial Weighing Machine Market Sizing
Industrial Weighing Machine Market Forecast
Industrial Weighing Machine Market Analysis

Competitive Landscape

The industrial weighing machine market is fragmented and the vendors are deploying growth strategies such as focusing on coming up with high-quality, innovative products to attract customers to compete in the market. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Companies in the market are launching innovative products solutions to gain competitive advantage in the market. For instance, A and D Co. Ltd. offers industrial weighing machines such as BM Series, A and D Apollo GX A, EJ Series.

Some Companies Covered in this Report are:

  • A and D Co. Ltd.
  • ATRAX GROUP NZ LTD.
  • Bilwinco AS
  • CI Electronics Ltd.
  • D Brash and Sons Ltd.
  • Doran Scales Inc
  • Essae Teraoka Pvt. Ltd.
  • Fairbanks Scales Inc.
  • Illinois Tool Works Inc.
  • KERN and SOHN GmbH
  • Maguire Products
  • Mettler Toledo International Inc.
  • MinebeaMitsumi Inc.
  • Radwag Wagi Elektroniczne
  • Rice Lake Weighing Systems India Ltd.
  • Sansui Electronics Pvt. Ltd.
  • Sartorius AG
  • Shimadzu Corp.
  • Thompson Scale Co.

Download Report Sample and get additional insights on strategic moves of each vendor

Related Reports:

Electronic Weighing Scales Market by Type and Geography - Forecast and Analysis 2022-2026

Key Topics Covered:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
  • 5.2 Comparison by End-user
    • Exhibit 26: Chart on Comparison by End-user
    • Exhibit 27: Data Table on Comparison by End-user
  • 5.3 Manufacturing - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Manufacturing - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Manufacturing - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Manufacturing - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Manufacturing - Year-over-year growth 2021-2026 (%)
  • 5.4 Transportation and logistics - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Transportation and logistics - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Transportation and logistics - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Transportation and logistics - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Transportation and logistics - Year-over-year growth 2021-2026 (%)
  • 5.5 Food and beverage - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Food and beverage - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Food and beverage - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Food and beverage - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Food and beverage - Year-over-year growth 2021-2026 (%)
  • 5.6 Chemicals - Market size and forecast 2021-2026
    • Exhibit 40: Chart on Chemicals - Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Data Table on Chemicals - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Chart on Chemicals - Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Chemicals - Year-over-year growth 2021-2026 (%)
  • 5.7 Others - Market size and forecast 2021-2026
    • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.8 Market opportunity by End-user
    • Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 52: Chart on Geographic comparison
    • Exhibit 53: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Marshall Islands - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Marshall Islands - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Marshall Islands - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Marshall Islands - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Marshall Islands - Year-over-year growth 2021-2026 (%)
  • 7.11 Japan - Market size and forecast 2021-2026
    • Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.12 Germany - Market size and forecast 2021-2026
    • Exhibit 90: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 91: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 92: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 93: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 97: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 98: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 99: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 100: Matrix on vendor position and classification
  • 10.3 A and D Co. Ltd.
    • Exhibit 101: A and D Co. Ltd. - Overview
    • Exhibit 102: A and D Co. Ltd. - Business segments
    • Exhibit 103: A and D Co. Ltd. - Key offerings
    • Exhibit 104: A and D Co. Ltd. - Segment focus
  • 10.4 Bilwinco AS
    • Exhibit 105: Bilwinco AS - Overview
    • Exhibit 106: Bilwinco AS - Product / Service
    • Exhibit 107: Bilwinco AS - Key offerings
  • 10.5 CI Electronics Ltd.
    • Exhibit 108: CI Electronics Ltd. - Overview
    • Exhibit 109: CI Electronics Ltd. - Product / Service
    • Exhibit 110: CI Electronics Ltd. - Key offerings
  • 10.6 D Brash and Sons Ltd.
    • Exhibit 111: D Brash and Sons Ltd. - Overview
    • Exhibit 112: D Brash and Sons Ltd. - Product / Service
    • Exhibit 113: D Brash and Sons Ltd. - Key offerings
  • 10.7 Essae Teraoka Pvt. Ltd.
    • Exhibit 114: Essae Teraoka Pvt. Ltd. - Overview
    • Exhibit 115: Essae Teraoka Pvt. Ltd. - Product / Service
    • Exhibit 116: Essae Teraoka Pvt. Ltd. - Key offerings
  • 10.8 Fairbanks Scales Inc.
    • Exhibit 117: Fairbanks Scales Inc. - Overview
    • Exhibit 118: Fairbanks Scales Inc. - Product / Service
    • Exhibit 119: Fairbanks Scales Inc. - Key offerings
  • 10.9 Maguire Products
    • Exhibit 120: Maguire Products - Overview
    • Exhibit 121: Maguire Products - Product / Service
    • Exhibit 122: Maguire Products - Key offerings
  • 10.10 Mettler Toledo International Inc.
    • Exhibit 123: Mettler Toledo International Inc. - Overview
    • Exhibit 124: Mettler Toledo International Inc. - Business segments
    • Exhibit 125: Mettler Toledo International Inc. - Key offerings
    • Exhibit 126: Mettler Toledo International Inc. - Segment focus
  • 10.11 MinebeaMitsumi Inc.
    • Exhibit 127: MinebeaMitsumi Inc. - Overview
    • Exhibit 128: MinebeaMitsumi Inc. - Business segments
    • Exhibit 129: MinebeaMitsumi Inc. - Key news
    • Exhibit 130: MinebeaMitsumi Inc. - Key offerings
    • Exhibit 131: MinebeaMitsumi Inc. - Segment focus
  • 10.12 Radwag Wagi Elektroniczne
    • Exhibit 132: Radwag Wagi Elektroniczne - Overview
    • Exhibit 133: Radwag Wagi Elektroniczne - Product / Service
    • Exhibit 134: Radwag Wagi Elektroniczne - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 135: Inclusions checklist
    • Exhibit 136: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 137: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 138: Research methodology
    • Exhibit 139: Validation techniques employed for market sizing
    • Exhibit 140: Information sources
  • 11.5 List of abbreviations
    • Exhibit 141: List of abbreviation

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