Regulations in Key Industries and Opportunities from Services to Enable & Sustain Growth
This study analyzes the global weighing equipment market and provides information on total market revenue by analyzing key regions: North America, Latin America, Europe, Middle East, and Africa (EMEA), and Asia-Pacific (APAC). It discusses major trends and the prevailing scenario in all specified regions.
The product segments included in the study are:
- Floor and bench scales
- Checkweighers
- Continuous weighing equipment
- Transportation scales
- Precision balances
- Other weighing scales (e.g., vessel and impact scales)
There are significant market opportunities for weighing equipment vendors. The report forecasts the need for precision and adherence to regulations in industries such as food and beverage and pharmaceuticals will drive market growth in the medium to long term. Reduced investments in major end-user industries have impacted the market. The majority of market restraints are on a global scale, such as the COVID-19 pandemic.
Key Issues Addressed
- Is the global market for weighing equipment growing?
- What trends have impacted the market, both negatively and positively?
- How is the demand for weighing equipment distributed across different end user industries?
- Who are the key market participants, and what should they do to increase their market share?