Latest News- Industrial Weighing Machine Market: Manufacturing is expected to lead the End-user segment during 2024-2028

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 4.5% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 652.8 million. In the maturing industrial weighing machine market, manufacturers are prioritizing innovation and advanced technology to expand their market share. Notably, the high Internet penetration and the emergence of cloud technology have influenced even industrial weighing machine manufacturers to adopt cloud solutions. One such pioneering move is Fagron's introduction of the PILOT weighing system by FELTEN group. This system integrates Microsoft Dynamics AX ERP solution and an in-process control (IPC) system, which is currently being utilized as the core system at Fagron's Pharmline subsidiary in the Netherlands. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Manufacturing
  • Transportation and logistics
  • Food and beverage
  • Chemicals
  • Others
• Geography
  • APAC
    • China
    • Japan
  • North America
    • US
  • Europe
    • Germany
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing demand for automated and digital weighing scales
• Growth in e-commerce segment
• Diversification of industrial weighing machine applications with new developments in load cells and load pins

However, the market also witnesses some limitations, which are as follows:

• Market competition leading to price decline
• Designing and installation of weighing machines in hazardous areas
• Manufacturing accurate weighing machines

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Market Scope in Industrial Weighing Machine Market Research Report

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Research Analysis Overview

The Industrial Weighing Machine Market encompasses a range of solutions including Automated Scales, Digital Weighing Systems, and Precision Weighing Equipment. These offerings consist of Load Cells, Bench Scales, and Floor Scales, among others. Real-Time Data and IoT Weighing Systems enable Smart Weighing and Inventory Management. Checkweighing and In-Motion Weighing are essential for Cargo Measurement and Supply Chain Optimization. Energy-Efficient and Eco-Friendly Weighing Technologies are also prominent. Weighbridges, Automated Weighing, Wireless Weighing, and Cloud-Based Solutions complete the market landscape. Weight Measurement Systems, Industrial Weighbridges, and Smart Weighing Systems are key components.

Market Research Overview

In the dynamic business landscape of industrial manufacturing, the global market for industrial weighing machines plays a pivotal role in sectors such as logistics, transportation, retail, and e-commerce. This market, a subset of the larger industrial machinery and supplies and components sector, encompasses companies manufacturing weighing technology, including sensors, automation, connection solutions, cloud computing, big data analytics, IoT, process optimization, real-time monitoring, productivity, quality control, package weighing, and sorting. The industrial machinery and supplies and components market's growth is driven by the expanding industrial output in process and discrete industries, fueled by the burgeoning demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages in developing countries. Weighing technology innovations, such as advanced sensors, automation, and real-time monitoring, contribute significantly to productivity, quality control, and operational efficiency. These advancements are crucial for industries seeking to maintain competitiveness and meet evolving consumer demands.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/