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Global Load Cell Market Report By Type (Analog Load Cells Digital Load Cells), By Application (Agriculture Equipment, Bulk Material Handling, Healthcare, Aerospace & Defense, Oil & Gas, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028
ID:VMR11214147
April 2021
Report Formats:
The global demand for Load Cell Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
A load cell is a transducer that is built in an electronic weighing machine. It consists of a spring element on which strain gauges have been placed. It works by converting a force such as tension, pressure, compression, or torque into an electrical signal that can be standardized and measured. Almost all electronic weighing scales use load cells for weight measurement. Load cells find their application where demand accuracy and precision. There are different load cells classes, class A, class B, class C & Class D, and with each class, there is a change in both capacity and accuracy.
Market Dynamics
The global load cell market is forecasted to grow with the growing significance of weighing in industries. Increasing automation within verticals demands the application of automated electronic measuring devices for testing and measurement. The market will witness an increasing trend in load cells due to the higher accuracy and lower cost of electronic weighing systems. Growing dependency on the digital electronic weighing scale over older models accelerates the growth of the market. The digital electronic weighing scale is user-friendly and provides a variety of applications. Many industry, including laboratory, courier companies, retail, manufacturing, and weighbridges, jewelry, healthcare, food processing, uses electronic weighing scales.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of load cell. The growth and trends of load cell industry provide a holistic approach to this study.
Market Segmentation
This section of the load cell market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
This section covers the regional outlook, which accentuates current and future demand for the Load Cell market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Load Cell Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the load cell market include Honeywell International Inc., Indutrade, Futek Advanced Sensor Technology Inc., Hottinger Baldwin Messtechnik GmbH (HBM), Mettler Toledo International Inc., ABB Ltd., Vishay Precision Group Inc., OMEGA Engineering Inc., Zhonghang Electronic Measuring Instruments Co. Ltd., and Novatech Measurements Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
A load cell is a transducer that is built in an electronic weighing machine. It consists of a spring element on which strain gauges have been placed. It works by converting a force such as tension, pressure, compression, or torque into an electrical signal that can be standardized and measured. Almost all electronic weighing scales use load cells for weight measurement. Load cells find their application where demand accuracy and precision. There are different load cells classes, class A, class B, class C & Class D, and with each class, there is a change in both capacity and accuracy.
Market Dynamics
The global load cell market is forecasted to grow with the growing significance of weighing in industries. Increasing automation within verticals demands the application of automated electronic measuring devices for testing and measurement. The market will witness an increasing trend in load cells due to the higher accuracy and lower cost of electronic weighing systems. Growing dependency on the digital electronic weighing scale over older models accelerates the growth of the market. The digital electronic weighing scale is user-friendly and provides a variety of applications. Many industry, including laboratory, courier companies, retail, manufacturing, and weighbridges, jewelry, healthcare, food processing, uses electronic weighing scales.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of load cell. The growth and trends of load cell industry provide a holistic approach to this study.
Market Segmentation
This section of the load cell market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Analog Load Cells
- Digital Load Cells
- Agriculture Equipment
- Bulk Material Handling
- Healthcare
- Aerospace & Defense
- Oil & Gas
- Others
This section covers the regional outlook, which accentuates current and future demand for the Load Cell market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Load Cell Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the load cell market include Honeywell International Inc., Indutrade, Futek Advanced Sensor Technology Inc., Hottinger Baldwin Messtechnik GmbH (HBM), Mettler Toledo International Inc., ABB Ltd., Vishay Precision Group Inc., OMEGA Engineering Inc., Zhonghang Electronic Measuring Instruments Co. Ltd., and Novatech Measurements Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . LOAD CELL – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 By Type
3.7.2 By Application
3.7.3 By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL LOAD CELL MARKET ANALYSIS BY TYPE
6.1 Overview by Type
6.2 Historical and Forecast Data
6.3 Analysis by Type
6.4 Analog Load Cells Market by Regions
6.5 Digital Load Cells Market by Regions
7 . GLOBAL LOAD CELL MARKET ANALYSIS BY APPLICATION
7.1 Overview by Application
7.2 Historical and Forecast Data
7.3 Analysis by Application
7.4 Agriculture Equipment Market by Regions
7.5 Bulk Material Handling Market by Regions
7.6 Healthcare Market by Regions
7.7 Aerospace & Defense Market by Regions
7.8 Oil & Gas Market by Regions
7.9 Others Market by Regions
8 . GLOBAL LOAD CELL MARKET ANALYSIS BY GEOGRAPHY
8.1. Regional Outlook
8.2. Introduction
8.3. North America
8.3.1. Overview, Historic and Forecast Data
8.3.2. North America By Segment
8.3.3. North America By Country
8.3.4. United State
8.3.5. Canada
8.3.6. Mexico
8.4. Europe
8.4.1. Overview, Historic and Forecast Data
8.4.2. Europe by Segment
8.4.3. Europe by Country
8.4.4. United Kingdom
8.4.5. France
8.4.6. Germany
8.4.7. Italy
8.4.8. Russia
8.4.9. Rest Of Europe
8.5. Asia Pacific
8.5.1. Overview, Historic and Forecast Data
8.5.2. Asia Pacific by Segment
8.5.3. Asia Pacific by Country
8.5.4. China
8.5.5. India
8.5.6. Japan
8.5.7. South Korea
8.5.8. Australia
8.5.9. Rest Of Asia Pacific
8.6. Latin America
8.6.1. Overview, Historic and Forecast Data
8.6.2. Latin America by Segment
8.6.3. Latin America by Country
8.6.4. Brazil
8.6.5. Argentina
8.6.6. Peru
8.6.7. Chile
8.6.8. Rest of Latin America
8.7. Middle East & Africa
8.7.1. Overview, Historic and Forecast Data
8.7.2. Middle East & Africa by Segment
8.7.3. Middle East & Africa by Country
8.7.4. Saudi Arabia
8.7.5. UAE
8.7.6. Israel
8.7.7. South Africa
8.7.8. Rest Of Middle East And Africa
9 . COMPETITIVE LANDSCAPE OF THE LOAD CELL COMPANIES
9.1. Load Cell Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments
10 . COMPANY PROFILES OF LOAD CELL INDUSTRY
10.1. Company Share Analysis
10.2. Market Concentration Rate
10.3. Honeywell International Inc.
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products
10.3.4. Recent Developments
10.4. Indutrade
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products
10.4.4. Recent Developments
10.5. Futek Advanced Sensor Technology Inc.
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products
10.5.4. Recent Developments
10.6. Hottinger Baldwin Messtechnik GmbH (HBM)
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products
10.6.4. Recent Developments
10.7. Mettler Toledo International Inc.
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products
10.7.4. Recent Developments
10.8. ABB Ltd.
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Products
10.8.4. Recent Developments
10.9. Vishay Precision Group Inc.
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Products
10.9.4. Recent Developments
10.10. OMEGA Engineering Inc.
10.10.1. Company Overview
10.10.2. Financials
10.10.3. Products
10.10.4. Recent Developments
10.11. Zhonghang Electronic Measuring Instruments Co. Ltd.
10.11.1. Company Overview
10.11.2. Financials
10.11.3. Products
10.11.4. Recent Developments
10.12. Novatech Measurements Ltd.
10.12.1. Company Overview
10.12.2. Financials
10.12.3. Products
10.12.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Type (USD MN)
- Analog Load Cells Market by Geography (USD MN)
- Digital Load Cells Market by Geography (USD MN)
- Analysis Market by Application (USD MN)
- Agriculture Equipment Market by Geography (USD MN)
- Bulk Material Handling Market by Geography (USD MN)
- Healthcare Market by Geography (USD MN)
- Aerospace & Defense Market by Geography (USD MN)
- Oil & Gas Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Load Cell Market by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisiton
LIST OF FIGURES
- Research Scope of Load Cell Report
- Market Research Process
- Market Research Methodology
- Global Load Cell Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Type
- Market Attractiveness Analysis by Application
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Type (USD MN)
- Analog Load Cells Market by Geography (USD MN)
- Digital Load Cells Market by Geography (USD MN)
- Global Market Analysis by Application (USD MN)
- Agriculture Equipment Market by Geography (USD MN)
- Bulk Material Handling Market by Geography (USD MN)
- Healthcare Market by Geography (USD MN)
- Aerospace & Defense Market by Geography (USD MN)
- Oil & Gas Market by Geography (USD MN)
- Others Market by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Company Market Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
Related Categories
Semiconductors And Electronics
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Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments