The purpose of the report is to illustrate the state of the market of Industrial Weighing Equipment, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Weighing equipment are among the most integral aspects of industry verticals such as manufacturing, food & beverages processing, transportation & logistics and others. With the steadily rising industrial sector worldwide coupled with increasing international trade, there has been a continued demand for more efficient and reliable weighing equipment across different applications. One of the most significant factor fueling the market growth is the regulations enforced by organizations such as Safety of Life at Sea convention of the International Maritime Organization (SOLAS). These equipment form an important aspect mainly for the following:
- Weighing for trading and other commercial transactions
- Weighing for calculating toll, tariff, tax, penalty, remuneration, and other related payments
- Mass calculation for complying with different laws/regulations/proceedings
- Weighing in pharmaceutical and laboratorial applications
- Price calculation
Some of the major players profiled in the report are Avery Weigh-Tronix, LLC, A&D Weighing, Bilwinco AS, SCI Precision Ltd., Thompson Scale Company, Siemens AG, Rice Lake, Ramsey Scales, Spectris Plc. (HBM), Mettler-Toledo, Sartorius AG and others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Industrial Weighing Equipment buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Industrial Weighing Equipment contains:
Analysis and forecast of Industrial Weighing Equipment market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Industrial Weighing Equipment market;
Assessment and forecast of Industrial Weighing Equipment market development;
Financial and business profiles of the leading companies in the Industrial Weighing Equipment industry.
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– Up to date working Industrial Weighing Equipment data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Industrial Weighing Equipment for the period 2018 to 2026
– Planned Industrial Weighing Equipment additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Industrial Weighing Equipment projects by region, key countries, and companies
– Details of major planned Industrial Weighing Equipment projects in the world up to 2026
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