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Load Cell - Global Strategic Business Report

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    Report

  • 313 Pages
  • December 2023
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338504

Quick Summary:

Innovation moves quickly in the Load Cell market, and staying ahead of the curve requires accurate, up-to-date information. Our comprehensive market research report on the Global Load Cell Market provides insights into emerging trends, market forecasts, and competitive landscapes, designed to arm decision makers with critical data and projections. Our report offers a panorama of the industry which was estimated at US$213.1 Billion in the year 2022 and is projected to reach a revised size of US$276.4 Billion by 2030.

In addition to providing in-depth analysis over key markets such as the U.S. and China, the report includes detailed profiles of 122 major competitors in the field, ranging from Flintec Inc. to Zhonghang Electronic Measuring Instruments Co, Ltd. Moreover, subscribers will receive access to our digital archives and Research Platform, lifetime updates for one year, as well as special coverage on global competitiveness and market presence across different geographies. Stay well-informed and strategic with our Global Load Cell Market report.

Global Load Cell Market to Reach $276.4 Billion by 2030

The global market for Load Cell estimated at US$213.1 Billion in the year 2022, is projected to reach a revised size of US$276.4 Billion by 2030, growing at a CAGR of 3.3% over the analysis period 2022-2030.

The U.S. Market is Estimated at $62.4 Billion, While China is Forecast to Grow at 3.2% CAGR

The Load Cell market in the U.S. is estimated at US$62.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$49.4 Billion by the year 2030 trailing a CAGR of 3.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 2.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Select Competitors (Total 122 Featured) -

  • Flintec Inc.
  • FUTEK Advanced Sensor Technology, Inc.
  • Honeywell International, Inc.
  • Hottinger Baldwin Messtechnik GmbH
  • Interface, Inc.
  • KeLi Sensing Technology (Ningbo) Co., LTD.
  • National Scale Technology
  • Novatech Measurements Ltd.
  • PCB Piezotronics, Inc.
  • Rice Lake Weighing Systems
  • Thames Side Sensors Ltd.
  • Yamato Scale Co., Ltd.
  • Zhonghang Electronic Measuring Instruments Co, Ltd. (ZEMIC)


What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Load Cell

What is the estimated value of the Global Market for Load Cell?

The Global Market for Load Cell was estimated to be valued at $213.1 Billion in 2022.

What is the growth rate of the Global Market for Load Cell?

The growth rate of the Global Market for Load Cell is 3.3%, with an estimated value of $276.4 Billion by 2030.

What is the forecasted size of the Global Market for Load Cell?

The Global Market for Load Cell is estimated to be worth $276.4 Billion by 2030.

Who are the key companies in the Global Market for Load Cell?

Key companies in the Global Market for Load Cell include Flintec Inc., FUTEK Advanced Sensor Technology, Inc., Honeywell International, Inc., Hottinger Baldwin Messtechnik GmbH, Interface, Inc., KeLi Sensing Technology (Ningbo) Co., LTD., National Scale Technology, Novatech Measurements Ltd., PCB Piezotronics, Inc. and Rice Lake Weighing Systems.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • A Prelude
  • Recent Market Activity
  • Load Cell Technology
  • An Overview
  • Benefits
  • Things that Need Special Attention
  • Weighing Technology
  • A Comparative Study with Coriolis Mass Flowmeters
  • Load Cells Vs Coriolis Mass Flowmeters: A Comparative Analysis
  • Recovery in Global GDP Promises Stronger Growth for Weighing Systems and Load Cells Industry
  • Rising Investments on Industrial Automation Technologies Builds Conducive Environment for Market Growth
  • Market Outlook
  • Load Cell - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
  • Flintec Inc. (USA)
  • FUTEK Advanced Sensor Technology, Inc. (USA)
  • Honeywell International Inc. (USA)
  • Hottinger Baldwin Messtechnik GmbH (Germany)
  • Interface, Inc. (USA)
  • KeLi Sensing Technology (Ningbo) Co., LTD. (China)
  • National Scale Technology (USA)
  • Novatech Measurements Limited (UK)
  • PCB Piezotronics, Inc. (USA)
  • Rice Lake Weighing Systems (USA)
  • Thames Side Sensors Limited (UK)
  • Vishay Precision Group, Inc. (USA)
  • Yamato Scale Co., Ltd. (Japan)
  • Zhonghang Electronic Measuring Instruments Co, Ltd (ZEMIC) (China)
3. MARKET TRENDS & DRIVERS
  • Product Innovations Keep Market Momentum Intact
  • New Enclosure Designs Proliferate the Market
  • A Snapshot of Select IP Ratings for Load Cell Enclosures
  • Proportion of Various Non-Ferrous Elements in 304 Stainless Steel
  • Select Innovative Applications of Load Cells
  • A Review of Recent Product Innovations
  • Load Cells with Hermetical Sealing Come to Fore
  • Demand for Environmentally Protected Load Cells Remains Intact in Dry Applications
  • USB Load Cells Make a Cut
  • Hydrostatic Load Cells Exhibit Steady Progress
  • Digital Load Cells Gain Prominence in Specialized Applications
  • Tension and Compression Load Cells Find Adoption in Load Monitoring Applications
  • Compression Load Cells - Key to Industrial Automation Systems
  • Hazardous Area Load Cells: The New Flavor
  • Select Hazardous Elements in Industrial Environments: A Snapshot
  • Load Cells Featuring Extended Overload Protection Grab Market Attention
  • Wireless Technology for Load Cells: An Emerging Trend
  • Load Cells Integrated with Advanced Software Make their Way
  • Third Party Software Solutions Aim to Penetrate the Market
  • Replacement Demand Widens Market Prospects
  • Load Cells: Vital Component in Batch Applications
  • Investments on Load Cells Remain High in Chemical Sector
  • Construction Materials Manufacturers Depend on Load Cells for Weighing Needs
  • Metal Industries Rely on Load Cells to Streamline Production Cycle
  • Load Cells Sense Potential Opportunities in On-Board Weighing Systems
  • Automotive Manufacturers Prioritize Load Cells for Assembly Efficiency
  • Key Applications for Load Cells in Automotive Manufacture and Assembly: A Snapshot
  • Upward Trajectory in Automobiles Production Spurs Market Demand
  • Mining Sector: A Major Consumer of Load Cells
  • High Tide in Logistics Industries Enthuses Load Cells Market
  • Expanding Role of Weighing Systems in Pharmaceutical Manufacturing Bodes Well for Market Growth
  • Automation and Miniaturization Open New Medical Device Applications
  • Load Cells Gain Precedence in Textile Sector
  • Pulp and Paper Manufacturers Aim to Leverage Proficiency of Load Cells
  • Tobacco Companies Invest on Load Cells to Augment Process Efficiency
  • Load Cells Improve Performance of Motorsport Vehicles
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Load Cell by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Load Cell by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Load Cell by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2014, 2023 & 2030
  • Table 4: World Load Cell Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Load Cell Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 5: USA Recent Past, Current & Future Analysis for Load Cell by Segment - Load Cells - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 6: USA Historic Review for Load Cell by Segment - Load Cells Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
CANADA
  • Table 7: Canada Recent Past, Current & Future Analysis for Load Cell by Segment - Load Cells - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 8: Canada Historic Review for Load Cell by Segment - Load Cells Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
JAPAN
  • Load Cell Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 9: Japan Recent Past, Current & Future Analysis for Load Cell by Segment - Load Cells - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 10: Japan Historic Review for Load Cell by Segment - Load Cells Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
CHINA
  • Load Cell Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 11: China Recent Past, Current & Future Analysis for Load Cell by Segment - Load Cells - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 12: China Historic Review for Load Cell by Segment - Load Cells Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
EUROPE
  • Load Cell Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 13: Europe Recent Past, Current & Future Analysis for Load Cell by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: Europe Historic Review for Load Cell by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: Europe 16-Year Perspective for Load Cell by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2014, 2023 & 2030
FRANCE
  • Load Cell Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 16: France Recent Past, Current & Future Analysis for Load Cell by Segment - Load Cells - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 17: France Historic Review for Load Cell by Segment - Load Cells Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
GERMANY
  • Load Cell Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 18: Germany Recent Past, Current & Future Analysis for Load Cell by Segment - Load Cells - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 19: Germany Historic Review for Load Cell by Segment - Load Cells Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ITALY
  • Table 20: Italy Recent Past, Current & Future Analysis for Load Cell by Segment - Load Cells - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 21: Italy Historic Review for Load Cell by Segment - Load Cells Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
UNITED KINGDOM
  • Load Cell Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 22: UK Recent Past, Current & Future Analysis for Load Cell by Segment - Load Cells - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 23: UK Historic Review for Load Cell by Segment - Load Cells Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF EUROPE
  • Table 24: Rest of Europe Recent Past, Current & Future Analysis for Load Cell by Segment - Load Cells - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 25: Rest of Europe Historic Review for Load Cell by Segment - Load Cells Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
ASIA-PACIFIC
  • Load Cell Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 26: Asia-Pacific Recent Past, Current & Future Analysis for Load Cell by Segment - Load Cells - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 27: Asia-Pacific Historic Review for Load Cell by Segment - Load Cells Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
REST OF WORLD
  • Table 28: Rest of World Recent Past, Current & Future Analysis for Load Cell by Segment - Load Cells - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 29: Rest of World Historic Review for Load Cell by Segment - Load Cells Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Flintec Inc.
  • FUTEK Advanced Sensor Technology, Inc.
  • Honeywell International, Inc.
  • Hottinger Baldwin Messtechnik GmbH
  • Interface, Inc.
  • KeLi Sensing Technology (Ningbo) Co., LTD.
  • National Scale Technology
  • Novatech Measurements Ltd.
  • PCB Piezotronics, Inc.
  • Rice Lake Weighing Systems
  • Thames Side Sensors Ltd.
  • Yamato Scale Co., Ltd.
  • Zhonghang Electronic Measuring Instruments Co, Ltd. (ZEMIC)