Automatic Checkweigher Market is estimated to accumulate US$ 342.4 Mn by 2027, says The Insight Partners
Automatic
Checkweigher Market to 2027 - Global Analysis and Forecasts By
Type (Standalone Systems, Combination Systems); Technology (Strain Gauge,
Electro Magnetic Force Restoration (EMFR)); End-user Industry (Food and
Beverages, Pharmaceuticals, Consumer Products, Cosmetics and Personal Care,
Others)
The global automatic checkweigher market accounted for US$
235.2 Mn in 2018 and is expected to grow at a CAGR of 4.6% over the forecast
period 2019–2027, to account for US$ 342.4 Mn by 2027.
The checkweighers made up of stainless steel components
can withstand harsh conditions and repeated contact with water. Other
materials can be painted with the materials that can impart resistance to
damages, but these will not hold up to unrelenting or washdown environments.
Most of the load cells are made of aluminum. These operate well and cost
less than stainless steel load cells, but they are not designed to handle
contact with water or other corrosives. They should not be used in potentially
corrosive environments. One of the most common causes of poor accuracy is abuse
to the checkweigher. Any employee working with and around checkweighers
can unknowingly harm the checkweigher by stepping on a weigh platform, placing
too much torque on a load cell by tightening a bolt or twisting a weight belt,
and improperly cleaning the checkweigher, among others.
With the increasing demand, the production of the
checkweighers is also going to increase, which in turn is going to bring down
the cost associated with checkweighers. Custom components are required for the
manufacturing of a checkweigher, which is entirely different from a static
scale. The high weight measuring speed of these checkweigher demands custom
load cells for accurate weight measurement. Thus with the increased production
of the checkweighers, the economy of scale will come into play, which in turn
is going to reduce the overall price. With price reduced, the demand for the
in-motion checkweighers is further set to increase. This factor is expected to
trigger the growth of the automatic checkweigher in the coming years.
The automatic checkweigher market has been derived from
market trends and revenue generation factors from five different regions across
the globe namely; North America, Europe, Asia Pacific, MEA, and SAM. The North
America region holds the highest market share, whereas APAC is projected to be
the fastest-growing region as well in the coming years. The major industries,
such as automotive, pharmaceuticals, food & beverages, and manufacturing
units, play a key role in generating demands for automatic checkweigher. These
industries are key contributors to the North American economy and have
significant impact on the overall GDP of the region. On the other hand, the
growth of the automatic checkweigher market in APAC is attributed to the high
demand for oil and gas owing to the rapidly developing manufacturing industry.
The major economies in the region—China, Australia, and India—are investing
heavily in the oil & gas industry, primarily to reduce their imports. These
countries are also undertaking projects for the development of the
hydroelectricity and renewable electricity generation sources.
The major players operating in the
market for automatic checkweigher market are Minebea Intec GmbH, Anritsu
Corporation, Cardinal, Espera-Werke, Hardy Process Solutions, Inc.,
Mettler-Toledo International Inc., Thermo Fisher, Wipotec-Ocs GmbH, Yamato
Scale Co., Ltd., and Zongshan Easyweigh Equipment Co., Ltd., among others.
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