GLOBAL CONTAINER WEIGHING SYSTEMS MARKET - 2022
Container Weighing Systems Market by Offering (Weighbridges, Rubber Gantry Cranes, Reach Stackers, Container Handling Forklift Trucks), Medium (Rail, Road, Ship), Vertical (Construction, Ports, Transportation & Logistics) - Global Forecast to 2022
Date : 2017-11-21
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Container Weighing Systems Market - Introduction
The container weighing system market is expected to be worth USD XX Billion by 2022, at a CAGR of XX% between 2017 and 2022. The market is expected to witness significant growth in the coming years owing to stringent regulations worldwide to reduce the maritime accidents by implementing SOLAS regulations. The adoption of container weighing systems can help prevent the occurrence of accidents, particularly during transportation through ships. Overloaded ships cannot withstand harsh weather and rough seas or currents. The increasing automation across the ports and manufacturing areas facilitates the adoption of container handling equipment integrated with weight measurement systems
This report focuses on the detailed segmentations of the market, combined with the qualitative and quantitative analysis of each and every aspect of the classification based on offering, medium, vertical, and geography. Based on offering, the container weighing system market has been classified into hardware and software. The products include weighbridges, reach stackers, container handling forklift trucks, ship-to-shore cranes, and rubber gantry cranes.
The research study titled “Global Container Weighing Systems Market - Trend and Forecast to 2022” provides in-depth analysis of the market and related sub-segments. The report strategically focuses on market segments including different types and components.
This report covers the present scenario and the growth prospects of Global Container Weighing Systems Market. To calculate the market size, the report considers revenue generated from the worldwide sales of Container Weighing Systems Market. The report also considers revenue generated from various modes of distribution of these products
This report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, North America, and ROW. It covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Our market research coverage provides detailed market size forecasts that incorporate the major economic, scientific, and technological developments in industrial, pharmaceutical, and high technology organizations. Industry analysis and market forecasts for advanced materials, high-tech systems and components, nanotechnology and novel processing methods are at the forefront of the company’s expertise.
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Container Weighing Systems Market - Segmentation
Scope of the Report:
The market covered in this report has been segmented as follows:
Container Weighing System Market, by Offering:
- Reach stackers
- Container handling forklift trucks
- Mobile harbor cranes
- Rubber gantry cranes
- Straddle carriers
- Ship-to-shore cranes
Container Weighing System Market, by Medium:
Container Weighing System Market, by Vertical:
- Food & beverage
- Mining & aggregates
- Transport & logistics
- Waste management & recycling
Container Weighing System Market, by Region:
- North America
- Rest of the World
Table of Contents
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Global Container Weighing System Market
4.2 Container Weighing System Market, By Vertical
4.3 North America to Lead the Market During the Forecast Period
4.4 Container Weighing System Market, By Vertical
4.5 Container Weighing System Market, By Region
5 Market Overview
5.2 Market Dynamics
6 Industry Trends
6.2 Value Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Threat of New Entrants
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Suppliers
6.3.4 Bargaining Power of Buyers
6.3.5 Intensity of Competitive Rivalry
7 Container Weighing System Market, By Offering
7.2.2 Reach Stackers
7.2.3 Mobile Harbor Cranes
7.2.4 Rubber Gantry Cranes
7.2.5 Straddle Carriers
7.2.6 Ship-To-Shore Cranes
7.2.7 Container Handling Forklift Trucks
8 Container Weighing System Market, By Medium
9 Container Weighing System Market, By Vertical
9.4 Food & Beverage
9.6 Mining & Aggregates
9.7 Transport & Logistics
9.9 Waste Management & Recycling
10 Geographical Analysis
10.2 North America
10.5 Rest of the World (RoW)
11 Competitive Landscape
12 Company Profiles
(Business Overview, Products & Services, Key Developments)*
12.2 Rice Lake Weighing Systems, Inc.
12.3 Mettler-Toledo International Inc.
12.4 Avery Weigh-Tronix LLC
12.5 Fairbanks Scales, Inc.
12.6 Flintec Group AB.
12.7 Hottinger Baldwin Messtechnik GmbH.
12.8 Sherborne Sensors Ltd.
12.9 LCM Systems Ltd.
12.10 Tamtron OY
12.11 Futek Advanced Sensor Technology, Inc.
12.12 Weightron Bilanciai Ltd.
12.13 Key Innovators
12.13.1 Strainstall UK Ltd.
12.13.2 Conductix Wampfler GmbH
12.13.4 Bison Group Ltd.
12.13.5 Atlas Weighing Pty Ltd.
*Details Might Not Be Captured in Case of Unlisted Companies.
Objective of the study
The Container Weighing Systems market was valued at USD XX Billion in 2016 and is estimated to reach USD XX Billion by 2022, at a CAGR of XX% during the forecast period. The base year used for this study is 2016, and the forecast period considered is between 2017 and 2022.
The objectives of the study are as follows:
- To define, describe, and forecast the Container Weighing Systems market segmented on the basis of application, technology, types, service, and geography
- To forecast the market size in terms of value for various segments with respect to four main regions: North America, Europe, APAC, and RoW
- To provide detailed information regarding the major factors influencing the growth of the Container Weighing Systems market (drivers, restraints, opportunities, and industry-specific challenges)
- To provide a detailed overview of the value chain in the Container Weighing Systems market and analyze the market trends with Porter’s five forces analysis
- To analyze the opportunities in the market for various stakeholders by identifying the high-growth segments of the Container Weighing Systems market
- To strategically profile the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
- To analyze competitive developments such as new product launches and developments; agreements and contracts; mergers and acquisitions; and expansions in the global Container Weighing Systems market
The years considered for the study are:
Base Year – 2016 Estimated Year – 2017 Forecast Period – 2022
For company profiles in the report, 2016 has been considered as the base year. In certain cases, wherein information is unavailable for the base year, the years prior to it have been considered.
Container Weighing Systems Market - Segmentation
The container weighing system market is driven by the increasing focus on safety for maritime transportation and the mandated SOLAS regulations to verify the gross mass of the container to be shipped. In the future, government initiatives would further strengthen the maritime safety initiatives, which is expected to provide opportunities to the players operating in this market.
Weighbridges held the largest share of the market based on offering type
Weighbridges held the largest market size, in terms of offering, as they have more functional benefits. These benefits such as load cells in weighbridges enable the end user to measure the weights accurately over other offerings. Weighbridges are considered legal weight measurement equipment across the industry verticals and the use of weighbridges is the traditional method to measure the weights.
Ship segment is estimated to be the largest market based on medium
The ship medium segment is expected to hold the largest market share between 2017 and 2022. The ship medium of transportation accounts for more than 90% of the total trade across the world. In addition, trade using this medium would continue to expand in the future as it provides competitive freight costs over other transport mediums. In addition, the mandated SOLAS regulations are expected to drive the market in the future. The container weighing system is used to implement the SOLAS regulations by verifying the gross mass of the container within the tolerance limits.
Waste management & recycling is estimated to be the fastest-growing market based on vertical
The market for the waste management and recycling segment is expected to grow at the highest CAGR between 2017 and 2022. This growth is mainly attributed to the increasing focus on the reduction of wastes and efficient ways to recycle waste. The market has ample growth opportunities for measuring the potential benefits of recycling waste by measuring its weights accurately using the container weighing system.
Container Weighing Systems Market - Segmentation
One of the key trends that will drive the growth prospects for the global container weighing system market in the forthcoming years is the introduction of systems for weighing containers on chassis. To enable shippers weigh containers in an easy, quick, and cost-efficient manner, the manufacturers are focusing on introducing unique solutions. One of the prominent vendors, BISON has already introduced weighing jacks that are portable and have a compact weight scale that can weigh containers within +/- 59.52 pounds and can feed the container weight data into subsisting information systems.
The market for container weighing systems is witnessing significant growth in the Americas due to the rising automation across various industry verticals and the increasing stringent regulations for safe transportation in North America. Owing to the rising emphasis on assuring the safety of transported materials, the container weighing equipment market will continue to grow in the region throughout the estimated period.
The container weighing system market has few global players such as Mettler-Toledo International and a few regional players. The companies are focusing on developing innovative products with their technical expertise and financial resources. The increasing product extensions and technological innovations such as the application of robots in warehouses to pick and retrieve items will intensify the market’s competitive environment. The market is at the mature stage in countries such as France, Germany, the UK, and the US are and the Latin American countries, the Middle East, and APAC offer good scope for players in the container weighing equipment market.
North America is expected to be the largest market for container weighing systems during the forecast period
North America held the largest share of the container weighing system market in 2016, and the trend is expected to continue during the forecast period. The stringent regulations for the transportation safety and increasing automation across the various industry verticals are the major drivers for the growth of the container weighing system market in North America.
Companies are investing heavily and are entering into mergers and acquisitions to tap the Container Weighing Systems Market potential globally.
APAC, North America and Europe region is expected to exhibit the highest growth rate in different markets because of its acceptance in retails, transport, banking, and entertainment among others.
Report’s each section provides market data, market drivers, trends and opportunities, key players, and competitive outlook. This report also provides market tables for covering the sub-segments and micro-markets. Additionally, it makes ways for company profiles that cover all the sub-segments.
The report has been made by keeping past trends, current happenings, and future forecasts in consideration.