Dublin, May 19, 2023 (GLOBE NEWSWIRE) -- The "Container Weighing Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Container Weighing Systems estimated at US$3.1 Billion in the year 2022, is projected to reach a revised size of US$3.7 Billion by 2030, growing at a CAGR of 2.4% over the analysis period 2022-2030.
Ship, one of the segments analyzed in the report, is projected to record a 1.9% CAGR and reach US$1.6 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Road segment is readjusted to a revised 3.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $838.5 Million, While China is Forecast to Grow at 3.9% CAGR
The Container Weighing Systems market in the U.S. is estimated at US$838.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$702.2 Million by the year 2030 trailing a CAGR of 3.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 2.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$467 Million by the year 2030.
Select Competitors (Total 17 Featured) -
- ATLAS WEIGHING PTY. LTD.
- Avery Weigh-Tronix LLC
- Bison Group Ltd.
- Bromma
- Conductix-Wampfler GmbH
- Fairbanks Scales, Inc.
- Flintec Group AB
- FUTEK Advanced Sensor Technology, Inc.
- Hottinger Baldwin Messtechnik GmbH
- Kistler-Morse Automation Limited
- Lcm Systems Ltd.
- Mettler-Toledo International, Inc.
- Rice Lake Weighing Systems
- Sherborne Sensors Limited
- Strainstall UK Ltd
- Tamtron Oy
- Weightron Bilanciai Ltd.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 232 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $3.1 Billion |
| Forecasted Market Value (USD) by 2030 | $3.7 Billion |
| Compound Annual Growth Rate | 2.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Container Weighing Systems - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Stringent SOLAS Regulations Fuel Extensive Adoption of Container Weighing Systems
- Growing Carrying Capacity of Container Ships Sheds Focus on Maritime Safety Regulations: Global Container Ship Fleet Capacity (In Million DWT) for the Years 2016, 2018 & 2020
- Mixed Outlook for Global Container Trade Presents Mixed Bag of Opportunities and Challenges for Container Weighing Systems
- Global Container Trade Volume (In Million TEUs) for the Years 2018, 2020 and 2023
- A Peek into Types of Weighing Solutions
- SOLAS Update Prompts New Technological Innovations
- New Regulations Bodes Well for Certified Truck Scales
- On-Board Weighing Systems Gain Traction in Waste Industry
- Blockchain Technology to Tackle Challenges of Complying with SOLAS VGM Regulations
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/inndrl
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