The Industrial Weighing Machine Market is being driven by Increasing demand for automated and digital weighing scales
The Industrial Weighing Machine Market is expected to grow at a CAGR of 4.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 705.3 million. Industrial weighing machine manufacturers are striving to differentiate their offerings through technological innovation to maintain market growth as the industry approaches maturity. Notably, the increasing Internet penetration and advancements in cloud technology have encouraged even heavyweights in this sector to adopt cloud solutions. For instance, Fagron, a leading player in pharmaceutical compounding, has launched the PILOT weighing system from FELTEN Group. This system integrates Microsoft Dynamics AX ERP solution and an in-process control (IPC) system, which is currently being utilized as a core system at Fagron's Pharmline subsidiary in the Netherlands.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
225 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.6% |
Market growth 2025-2029 |
USD 705.3 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
4.4 |
Key countries |
US, China, Japan, Canada, India, UK, South Korea, Germany, Brazil, and Australia |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Industrial Weighing Machine Market encompasses a range of solutions, from precision equipment like load cell calibration and high-capacity scales, to advanced technologies such as industrial weighing automation, remote weight monitoring, and data acquisition software. These systems are integral to industrial process control, offering features like wireless data transmission, sensor calibration, and weighing system upgrades for improved efficiency, accuracy, reliability, and safety. Industrial applications include weighbridge design, truck scale installation, and automated weighing systems, all aimed at optimizing processes, ensuring quality assurance, and complying with industry regulations. Innovations in industrial weighing technology continue to drive trends towards cost-effective, efficient, and innovative solutions.
The industrial weighing machine market is a segment of the larger global industrial machinery and supplies and components market. This market encompasses companies manufacturing weighing scales, including platform scales, crane scales, floor scales, and bench scales. The industrial machinery and supplies and components market size is determined by the combined revenue generated by manufacturers of machinery and components used in industrial settings. Factors driving growth in this market include the increasing industrial output in process and discrete industries, particularly in developing countries, leading to capacity expansions in sectors such as energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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