Evolving Market Trends: Industrial Weighing Equipment Industry Projected to Grow at 5% CAGR and Reach US$ 3,992.5 Million by 2032

The Industrial Weighing Equipment Market plays a pivotal role across various industries, spanning from the early stages of raw material handling to the final distribution of finished products. Its widespread applications and indispensable presence ensure a steady and growing demand for these essential tools.

Industrial weighing equipment is present everywhere in the industry from the initial stage that is raw materials stage to the final stage, distribution of finished products, and its applications across a wide range of industries will continue to uphold demand for the product, ultimately boosting the growth of the global market for industrial weighing equipment.

Advancements in next-gen technologies have been triggering paradigm shifts in the integral designs of industrial weighing equipment for years, and the trend is likely to persist in the coming future. Leading manufacturers are continually introducing innovative features by integrating advanced weighing technologies such as process weighing technology, and other popular technologies such as the Internet of Things (IoT) and Artificial Intelligence, to make today’s industrial weighing equipment smarter.

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COMPETITIVE LANDSCAPE

  • Avery Weigh-Tronix
  • RADWAG WagiElektroniczne
  • CI Precision Ltd.
  • A&D Weighing
  • Atrax Group NZ Ltd,
  • Avery Weigh-Tronix.
  • Thompson Scale Company
  • Eastleigh Limited
  • Bilwinco AS
  • D Brash &Sons Ltd
  • Sartorius AG Ohaus Corporation
  • Maguire Products Inc.
  • Mettler Toledo International Inc.

The global market for industrial weighing equipment is highly fragmented as the number of smaller companies entering the market is increasing. Nevertheless, leading manufacturers, as well as small industry players, are concentrating on offering utmost levels of accuracy through innovative features, and modifying their strategies to sync with the changing business environments.

REGION-WISE ANALYSIS

The industrial weighing equipment market is geographically segmented into seven key regions which are, North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific is anticipated to be the fastest-growing industrial weighing equipment market with a CAGR expected to be around 6% in the coming years. In the region, the demand is mainly triggered by increasing applications of weighing technologies in many industrial activities, and thereby, industrial growth is among the biggest drivers of growth for the market in the Asia Pacific.

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Sales are also likely to remain healthy in the North American region, as manufacturers are introducing next-generation and technologically advanced ranges of their products under the category of industrial weighing equipment. Tightening quality standards and safety regulations are triggering the adoption of highly accurate and high precision weighing equipment in the industrial setup across the region, and this will incur the trend of product innovation in the industrial weighing equipment market in the Americas.

SEGMENT ANALYSIS

The industrial weighing equipment market can be segmented based on the following:

Product Type

  • Checkweighers
  • Counting Scales
  • Floor Scales
  • Rail Scales
  • Other

End-use Industry

  • Chemicals
  • Manufacturing
  • Mining
  • Food & Beverage
  • Other industries

REGION-WISE ANALYSIS

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
  • East Asia (China, Japan, South Korea)
  • South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
  • Oceania (Australia, New Zealand)
  • Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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