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According to the latest research, the global Weighbridges market size was valued at USD 1155.15 million in 2022 and is expected to expand at a CAGR of 4.57% during the forecast period, reaching USD 1510.51 million by 2028.
Weighbridges is a large scale that weighs large objects of huge size. The scale is usually installed on a concrete surface and has an electronic monitor that displays the load of the weighed content. Weighbridges can be used to weigh all types of materials, from high-tonnage vehicles to agricultural food.
Influence of COVID-19 Outbreak on Weighbridges Industry Development
At the beginning of an outbreak, work is usually delayed and the normal production of the company is affected. For companies in some areas where the epidemic is relatively mild and can start operations normally, even if they start operations at normal times, they will face insufficient supply of raw materials, resulting in lower than normal capacity utilization. The spread of epidemics caused by transportation will affect normal cargo transportation. According to data, the incubation period of the new coronavirus that caused this epidemic is about 7-14 days. In many countries, there are many cases of transmission in long-distance buses, trains, airplanes and other transportation vehicles. Therefore, there is a risk of virus transmission due to long-distance transportation. Therefore, areas with more severe epidemics have taken certain measures to control transportation. Therefore, the supply side is under certain pressure.
In addition, due to the spread of the epidemic around the world, import and export transactions have almost stalled, resulting in sluggish downstream demand. Half a year has passed since the Covid-19 outbreak, and the number of confirmed cases is still increasing. It has now exceeded 23,000,000, but there is no clear turning point yet. Many countries have restarted their economies under the pressure of the economic downturn. However, given the highly contagious nature of COVID-19, there is a possibility of a second wave of COVID-19 outbreak. If it breaks out for the second time, the epidemic will increase corporate financial risks, or trigger corresponding default risks, financial risks, etc. The ultimate impact of the epidemic on the industry depends on the development of the epidemic, but some losses have been caused, and the growth this year is expected to be lower than in previous years.
Strong downstream demand
With the development of economy, the intensification of industrialization, the acceleration of urbanization and the construction of international logistics, the weighing demand for large commodities has gradually increased. The object-oriented Weighbridges mainly for enterprises. Production enterprises have constant demand for Weighbridges, and buying Weighbridges is a common tool for enterprises. The industries that weighbridges mainly target include metal mining, quarries, electrical equipment, steel manufacturing, liquids, household products and powders, etc. Thanks to the construction of a modern society, these industries are booming, forming the main driving force for the development of the weighbridge industry.
The development of Internet increases communication and trade frequency
The rise of the Internet and e-commerce allows companies to build their own websites to promote brand culture and comprehensively release product features to facilitate potential customers to understand in advance or review afterwards. In addition, in the past, due to the cost of communication and transportation, the company rarely opened up overseas markets. In the Internet age, the flow of information has never been faster. Through the Internet, the company can quickly contact overseas distributors and actively explore overseas markets.
Increasing Competition
At present, many companies have already operated in this industry, and companies strive for more market share. With the growth of downstream demand and the emergence of market opportunities, competition may intensify. Companies that already have loyal customers, mature teams, and a comprehensive understanding of customer needs may be less affected. In addition, the industry's threshold is not low, and it has certain requirements for technology and capital. Unless new entrants have sufficient financial background and mature technical teams and sales channels, competition will mainly occur between existing companies.
Region Overview:
North America is projected to account for a considerable share of the Weighbridges market and is expected to become the largest region by 2028.
Company Overview:
Mettler Toledo Transport and Logistics is one of the major players operating in the Weighbridges market, holding a share of 27.56% in 2023.
Mettler Toledo Transport and Logistics
The company provides industrial scales, terminals and software in various sizes and formats to control and monitor the manufacturing process. Professional solutions for formulation, piece counting and many other applications.
Avery Weigh-Tronix
Avery Weigh-Tronix provides products such as bench scales, cargo scales, counting scales, etc., serving many industries such as agriculture, construction, and manufacturing. The company is now a wholly-owned subsidiary of ITW, which is a Fortune 500 company with operations in 57 countries.
Segmentation Overview:
Among different product types, Digital Weighbridge segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Warehouse segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Weighbridges industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Weighbridges. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Weighbridges Market Report Include:
Market Size Estimates: Weighbridges market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Weighbridges market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Weighbridges market
Segment Market Analysis: Weighbridges market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Weighbridges market situations and prospects in major and top regions and countries
Weighbridges Market
Weighbridges Industry Chain: Weighbridges market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Weighbridges Industry News, Policies by regions
Weighbridges Industry Porters Five Forces Analysis
Key players in the global Weighbridges market are covered in Chapter 2:
Rice Lake Weighing Systems
Cardinal Scale
Schenck Process
American Scale Co., Inc.
Fairbanks
Avery Weigh-Tronix
ANCOMA SCALES
Walz Scale
Aczet Pvt Ltd.
Kanawha Scales & Systems
Precia Molen
Mettler Toledo Transport and Logistics
Giropes
Soc Coop Bilanciai
Active Scale Manufacturing
In Chapter 6 and Chapter 9, on the basis of types, the Weighbridges market from 2018 to 2028 is primarily split into:
Analog Weighbridge
Digital Weighbridge
In Chapter 7 and Chapter 10, on the basis of applications, the Weighbridges market from 2018 to 2028 covers:
Warehouse
Trading Company
Market Place
Port
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Weighbridges market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Weighbridges industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Weighbridges market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Weighbridges industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Weighbridges market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Weighbridges market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Weighbridges market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Weighbridges is a large scale that weighs large objects of huge size. The scale is usually installed on a concrete surface and has an electronic monitor that displays the load of the weighed content. Weighbridges can be used to weigh all types of materials, from high-tonnage vehicles to agricultural food.
Influence of COVID-19 Outbreak on Weighbridges Industry Development
At the beginning of an outbreak, work is usually delayed and the normal production of the company is affected. For companies in some areas where the epidemic is relatively mild and can start operations normally, even if they start operations at normal times, they will face insufficient supply of raw materials, resulting in lower than normal capacity utilization. The spread of epidemics caused by transportation will affect normal cargo transportation. According to data, the incubation period of the new coronavirus that caused this epidemic is about 7-14 days. In many countries, there are many cases of transmission in long-distance buses, trains, airplanes and other transportation vehicles. Therefore, there is a risk of virus transmission due to long-distance transportation. Therefore, areas with more severe epidemics have taken certain measures to control transportation. Therefore, the supply side is under certain pressure.
In addition, due to the spread of the epidemic around the world, import and export transactions have almost stalled, resulting in sluggish downstream demand. Half a year has passed since the Covid-19 outbreak, and the number of confirmed cases is still increasing. It has now exceeded 23,000,000, but there is no clear turning point yet. Many countries have restarted their economies under the pressure of the economic downturn. However, given the highly contagious nature of COVID-19, there is a possibility of a second wave of COVID-19 outbreak. If it breaks out for the second time, the epidemic will increase corporate financial risks, or trigger corresponding default risks, financial risks, etc. The ultimate impact of the epidemic on the industry depends on the development of the epidemic, but some losses have been caused, and the growth this year is expected to be lower than in previous years.
Strong downstream demand
With the development of economy, the intensification of industrialization, the acceleration of urbanization and the construction of international logistics, the weighing demand for large commodities has gradually increased. The object-oriented Weighbridges mainly for enterprises. Production enterprises have constant demand for Weighbridges, and buying Weighbridges is a common tool for enterprises. The industries that weighbridges mainly target include metal mining, quarries, electrical equipment, steel manufacturing, liquids, household products and powders, etc. Thanks to the construction of a modern society, these industries are booming, forming the main driving force for the development of the weighbridge industry.
The development of Internet increases communication and trade frequency
The rise of the Internet and e-commerce allows companies to build their own websites to promote brand culture and comprehensively release product features to facilitate potential customers to understand in advance or review afterwards. In addition, in the past, due to the cost of communication and transportation, the company rarely opened up overseas markets. In the Internet age, the flow of information has never been faster. Through the Internet, the company can quickly contact overseas distributors and actively explore overseas markets.
Increasing Competition
At present, many companies have already operated in this industry, and companies strive for more market share. With the growth of downstream demand and the emergence of market opportunities, competition may intensify. Companies that already have loyal customers, mature teams, and a comprehensive understanding of customer needs may be less affected. In addition, the industry's threshold is not low, and it has certain requirements for technology and capital. Unless new entrants have sufficient financial background and mature technical teams and sales channels, competition will mainly occur between existing companies.
Region Overview:
North America is projected to account for a considerable share of the Weighbridges market and is expected to become the largest region by 2028.
Company Overview:
Mettler Toledo Transport and Logistics is one of the major players operating in the Weighbridges market, holding a share of 27.56% in 2023.
Mettler Toledo Transport and Logistics
The company provides industrial scales, terminals and software in various sizes and formats to control and monitor the manufacturing process. Professional solutions for formulation, piece counting and many other applications.
Avery Weigh-Tronix
Avery Weigh-Tronix provides products such as bench scales, cargo scales, counting scales, etc., serving many industries such as agriculture, construction, and manufacturing. The company is now a wholly-owned subsidiary of ITW, which is a Fortune 500 company with operations in 57 countries.
Segmentation Overview:
Among different product types, Digital Weighbridge segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Warehouse segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Weighbridges industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Weighbridges. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Weighbridges Market Report Include:
Market Size Estimates: Weighbridges market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Weighbridges market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Weighbridges market
Segment Market Analysis: Weighbridges market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Weighbridges market situations and prospects in major and top regions and countries
Weighbridges Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Weighbridges Industry Chain: Weighbridges market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Weighbridges Industry News, Policies by regions
Weighbridges Industry Porters Five Forces Analysis
Key players in the global Weighbridges market are covered in Chapter 2:
Rice Lake Weighing Systems
Cardinal Scale
Schenck Process
American Scale Co., Inc.
Fairbanks
Avery Weigh-Tronix
ANCOMA SCALES
Walz Scale
Aczet Pvt Ltd.
Kanawha Scales & Systems
Precia Molen
Mettler Toledo Transport and Logistics
Giropes
Soc Coop Bilanciai
Active Scale Manufacturing
In Chapter 6 and Chapter 9, on the basis of types, the Weighbridges market from 2018 to 2028 is primarily split into:
Analog Weighbridge
Digital Weighbridge
In Chapter 7 and Chapter 10, on the basis of applications, the Weighbridges market from 2018 to 2028 covers:
Warehouse
Trading Company
Market Place
Port
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Weighbridges market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Weighbridges industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Weighbridges market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Weighbridges industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Weighbridges market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Weighbridges market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Weighbridges market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
