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The global belt weigher market is expected to grow from USD 148.2 million in 2019 to USD 189.56 million by 2027, at a CAGR of 3.08% during the forecast period from 2020 to 2027. The increasing applications of belt weigher in various industries are helping the global belt weigher market to expand in the upcoming years. Additionally, these belts helps the manufacturers to reduce inventory levels and enhance the efficiency, which decreases overall production costs. As a result, the escalating demand for belt weigher from automation, mining and manufacturing industries has emerged as another major demand driver. However, the installation of belt weigher is a herculean process that incurs heavy expenses for the industrial unit. Hence, the small and medium-sized manufacturers cannot afford to deploy belt weigher across their unit; this takes a huge consumer base away from the market players. There has been an increase in the use of belt weigher at the airports so as to facilitate the passengers with efficient baggage transportation, offers the growth opportunities in the market.
The study delivers a comprehensive analysis of types, applications, and regions. Type segment includes single-idler, two-idler, three-idler, four-idler, and multi-idler. Single-idler segment held largest market share of 38.21% and valued at USD 56.51 million in 2019, due to ease of handling and less maintenance is needed. Application segment includes coal industry, power station, steel plants, cement plants, and others. Steel plants segment held the largest market share of 23.96% in 2019, due to the requirement of measuring and lifting heavy raw materials. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level.
Key players in the belt weigher market are Siemens Corporation, Thermo Fisher Scientific Inc, Schenck Process Holding GmbH, Merrick Industries, Yamato, Avery Weigh-Tronix, Rice Lake Weighing Systems, Inc., Convey Weigh, LLC., FLSmidth & Co. A/S, and OJ:s Vågsystem AB (Vendig AB) among others. Developing and developed countries are offering greater opportunities and major players are continuously focused on new developments, strategic partnerships, acquisitions and venture capital investments to obtain high growth in the market. In October 2019, Vendig AB announced that it has completed acquisition of OJ’s Vågsystem AB’s belt weigher operations to broaden its offering in conveyor components and increase digitization with the support of OJ’s Vågsystem AB.
This study forecasts revenue growth at global, regional, and country levels from 2013 to 2027. Fior Markets has segmented on the basis of below-mentioned segments:
Chapter 1 Introduction 19
1.1 Research Methodology 19
1.2 FMR Desk Research 20
1.2.1 FMR Data Synthesis 21
1.2.2 Data Validation and Market Feedback 21
1.2.3 FMR Data Sources 22
Chapter 2 Global Belt Weigher Market Overview 24
2.1 Belt Weigher Definition 24
2.2 Market Analysis by Type 26
2.2.1 Single-Idler 27
2.2.2 Two-Idler 28
2.2.3 Three-Idler 29
2.2.4 Four-Idler 30
2.3 Market Analysis by Applications 31
2.3.1 Coal Industry 32
2.3.2 Power Station 33
2.3.3 Steel Plants 34
2.3.4 Cement Plants 35
2.3.5 Others 36
2.4 Market Analysis by Regions 37
2.4.1 North America (United States, Canada and Mexico) 37
2.4.1.1 United States Market Status and Outlook (2013-2027) 37
2.4.1.2 Canada Market Status and Outlook (2013-2027) 38
2.4.1.3 Mexico Market Status and Outlook (2013-2027) 39
2.4.2 Europe (Germany, France, UK, Russia and Italy) 40
2.4.2.1 Germany Market Status and Outlook (2013-2027) 40
2.4.2.2 France Market Status and Outlook (2013-2027) 41
2.4.2.3 UK Market Status and Outlook (2013-2027) 42
2.4.2.4 Russia Market Status and Outlook (2013-2027) 43
2.4.2.5 Italy Market Status and Outlook (2013-2027) 44
2.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) 45
2.4.3.1 China Market Status and Outlook (2013-2027) 45
2.4.3.2 Japan Market Status and Outlook (2013-2027) 46
2.4.3.3 Korea Market Status and Outlook (2013-2027) 47
2.4.3.4 India Market Status and Outlook (2013-2027) 48
2.4.3.5 Southeast Asia Market Status and Outlook (2013-2027) 49
2.4.4 South America, Middle East and Africa 50
2.4.4.1 Brazil Market Status and Outlook (2013-2027) 50
2.4.4.2 Egypt Market Status and Outlook (2013-2027) 51
2.4.4.3 Saudi Arabia Market Status and Outlook (2013-2027) 52
2.4.4.4 South Africa Market Status and Outlook (2013-2027) 53
2.4.4.5 Nigeria Market Status and Outlook (2013-2027) 54
2.5 Market Dynamics 55
2.5.1 Market Opportunities 55
2.5.2 Market Risk 55
2.5.3 Market Driving Force 56
Chapter 3 Manufacturers Profiles 57
3.1 Siemens Corporation 57
3.1.1 Company Profile 57
3.1.2 Representative Siemens Corporation Industry Product 59
3.1.3 Siemens Corporation Industry Sales, Revenue, Price and Gross Margin of Siemens Corporation 60
3.2 Thermo Fisher Scientific Inc 61
3.2.1 Company Profile 61
3.2.2 Representative Thermo Fisher Scientific Inc Industry Product 64
3.3 Schenck Process Holding GmbH 65
3.3.1 Company Profile 65
3.3.2 Representative Schenck Process Holding GmbH Industry Product 67
3.3.3 Schenck Process Holding GmbH Industry Sales, Revenue, Price and Gross Margin of Schenck Process Holding GmbH 68
3.4 Merrick Industries 69
3.4.1 Company Profile 69
3.4.2 Representative Merrick Industries Industry Product 72
3.4.3 Merrick Industries Industry Sales, Revenue, Price and Gross Margin of Merrick Industries 73
3.5 Yamato 74
3.5.1 Company Profile 74
3.5.2 Representative Yamato Industry Product 75
3.6 Avery Weigh-Tronix 76
3.6.1 Company Profile 76
3.6.2 Representative Avery Weigh-Tronix Industry Product 77
3.6.3 Avery Weigh-Tronix Industry Sales, Revenue, Price and Gross Margin of Avery Weigh-Tronix 78
3.7 Rice Lake Weighing Systems, Inc. 79
3.7.1 Company Profile 79
3.7.2 Representative Rice Lake Weighing Systems, Inc. Industry Product 81
3.7.3 Rice Lake Weighing Systems, Inc. Industry Sales, Revenue, Price and Gross Margin of Rice Lake Weighing Systems, Inc. 81
3.8 Convey Weigh, LLC. 82
3.8.1 Company Profile 82
3.8.2 Representative ConveyWeigh, LLC. Industry Product 83
3.8.3 ConveyWeigh, LLC. Industry Sales, Revenue, Price and Gross Margin of ConveyWeigh, LLC. 84
3.9 FLSmidth & Co. A/S 85
3.9.1 Company Profile 85
3.9.2 Representative FLSmidth & Co. A/S Industry Product 86
3.10 OJ:s Vågsystem AB 87
3.10.1 Company Profile 87
3.10.2 Representative OJ:s Vågsystem AB Industry Product 88
3.10.3 OJ:s Vågsystem AB Industry Sales, Revenue, Price and Gross Margin of ConveyWeigh, LLC. 89
3.11 Control Systems Technology 90
3.11.1 Company Profile 90
3.11.2 Representative Control Systems Technology Industry Product 92
3.12 Thayer Scale-Hyer Industries, Inc. 93
3.12.1 Company Profile 93
3.12.2 Representative Thayer Scale-Hyer Industries, Inc. Industry Product 95
3.13 Tecnetics Industries, Inc. 97
3.13.1 Company Profile 97
3.13.2 Representative Tecnetics Industries, Inc. Industry Product 99
3.14 Saimo 100
3.14.1 Company Profile 100
3.14.2 Representative Saimo Industry Product 102
3.15 Nanjing Sanai Industrial Automation Co. Ltd 103
3.15.1 Company Profile 103
3.15.2 Representative Nanjing Sanai Industrial Automation Co. Ltd Industry Product 105
3.16 Henan Fengbo Automation Co., LTD 106
3.16.1 Company Profile 106
3.16.2 Representative Henan Fengbo Automation Co., LTD Industry Product 107
3.17 Xuzhou Sanyuan Weighing Technology Co., Ltd. 108
3.17.1 Company Profile 108
3.17.2 Representative Xuzhou Sanyuan Weighing Technology Co., Ltd. Industry Product 110
3.18 Shanxi Litry Automated Technology Co., Ltd 111
3.18.1 Company Profile 111
3.18.2 Representative Shanxi Litry Automated Technology Co., Ltd Industry Product 112
3.19 Elecon Engineering Company Limited 113
3.19.1 Company Profile 113
3.19.2 Representative Elecon Engineering Company Limited Industry Product 114
Chapter 4 Global Belt Weigher Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017) 115
4.1 Global Belt Weigher Sales and Market Share by Manufacturer (2016-2017) 115
4.2 Global Belt Weigher Revenue and Market Share by Manufacturer (2016-2017) 117
4.3 Market Concentration Rate 120
4.3.1 Top 7 Belt Weigher Manufacturer Market Share 120
4.4 Market Competition Trend 121
Chapter 5 Global Belt Weigher Market Analysis by Regions 122
5.1 Global Belt Weigher Sales, Revenue and Market Share by Regions 122
5.1.1 Global Belt Weigher Sales and Market Share by Regions (2013-2018) 124
5.1.2 Global Belt Weigher Revenue and Market Share by Regions (2013-2018) 125
5.2 North America Belt Weigher Sales and Growth Rate (2013-2018) 128
5.3 Europe Belt Weigher Sales and Growth Rate (2013-2018) 129
5.4 Asia-Pacific Belt Weigher Sales and Growth Rate (2013-2018) 130
5.5 South America Belt Weigher Sales and Growth Rate (2013-2018) 131
5.6 Middle East and Africa Belt Weigher Sales and Growth Rate (2013-2018) 132
Chapter 6 North America Belt Weigher by Countries 133
6.1 North America Belt Weigher Sales, Revenue and Market Share by Countries 133
6.1.1 North America Belt Weigher Sales and Market Share by Countries (2013-2018) 134
6.1.2 North America Belt Weigher Revenue and Market Share by Countries (2013-2018) 137
6.2 United States Belt Weigher Sales and Growth Rate (2013-2018) 140
6.3 Canada Belt Weigher Sales and Growth Rate (2013-2018) 141
6.4 Mexico States Belt Weigher Sales and Growth Rate (2013-2018) 142
Chapter 7 Europe Belt Weigher by Countries 143
7.1 Europe Belt Weigher Sales, Revenue and Market Share by Countries 143
7.1.1 Europe Belt Weigher Sales and Market Share by Countries (2013-2018) 144
7.1.2 Europe Belt Weigher Revenue and Market Share by Countries (2013-2018) 146
7.2 Germany Belt Weigher Sales and Growth Rate (2013-2018) 148
7.3 UK Belt Weigher Sales and Growth Rate (2013-2018) 149
7.4 France Belt Weigher Sales and Growth Rate (2013-2018) 150
7.5 Russia Belt Weigher Sales and Growth Rate (2013-2018) 151
7.6 Italy Belt Weigher Sales and Growth Rate (2013-2018) 152
Chapter 8 Asia-Pacific Belt Weigher by Countries 153
8.1 Asia-Pacific Belt Weigher Sales, Revenue and Market Share by Countries 153
8.1.1 Asia-Pacific Belt Weigher Sales and Market Share by Countries (2013-2018) 154
8.1.2 Asia-Pacific Belt Weigher Revenue and Market Share by Countries (2013-2018) 157
8.2 China Belt Weigher Sales and Growth Rate (2013-2018) 160
8.3 Japan Belt Weigher Sales and Growth Rate (2013-2018) 161
8.4 Korea Belt Weigher Sales and Growth Rate (2013-2018) 162
8.5 India Belt Weigher Sales and Growth Rate (2013-2018) 163
8.6 Southeast Asia Belt Weigher Sales and Growth Rate (2013-2018) 164
Chapter 9 South America Belt Weigher by Countries 165
9.1 South America Belt Weigher Sales, Revenue and Market Share by Countries 165
9.1.1 South America Belt Weigher Sales and Market Share by Countries (2013-2018) 166
9.1.2 South America Belt Weigher Revenue and Market Share by Countries (2013-2018) 169
9.2 Brazil Belt Weigher Sales and Growth Rate (2013-2018) 172
9.3 Argentina Belt Weigher Sales and Growth Rate (2013-2018) 173
9.4 Colombia Belt Weigher Sales and Growth Rate (2013-2018) 174
Chapter 10 Middle East and Africa Belt Weigher by Countries 175
10.1 Middle East and Africa Belt Weigher Sales, Revenue and Market Share by Countries 175
10.1.1 Middle East and Africa Belt Weigher Sales and Market Share by Countries (2013-2018) 176
10.1.2 Middle East and Africa Belt Weigher Revenue and Market Share by Countries (2013-2018) 179
10.2 Saudi Arabia Belt Weigher Sales and Growth Rate (2013-2018) 182
10.3 UAE Belt Weigher Sales and Growth Rate (2013-2018) 183
10.4 Egypt Belt Weigher Sales and Growth Rate (2013-2018) 184
10.5 Nigeria Belt Weigher Sales and Growth Rate (2013-2018) 185
10.6 South Africa Belt Weigher Sales and Growth Rate (2013-2018) 186
Chapter 11 Global Belt Weigher Market Segment by Type 187
11.1 Global Belt Weigher Sales, Revenue and Market Share by Type (2013-2018) 187
11.1.1 Global Belt Weigher Sales and Market Share by Type (2013-2018) 187
11.1.2 Global Belt Weigher Revenue and Market Share by Type (2013-2018) 188
11.2 Single-Idler Sales Growth Rate and Price 189
11.2.1 Global Single-Idler Sales Growth Rate (2013-2018) 189
11.2.2 Global Single-Idler Price (2013-2018) 190
11.3 Two-Idler Sales Growth Rate and Price 191
11.3.1 Global Two-Idler Sales Growth Rate (2013-2018) 191
11.3.2 Global Two-Idler Price (2013-2018) 192
11.4 Three-Idler Sales Growth Rate and Price 193
11.4.1 Global Three-Idler Sales Growth Rate (2013-2018) 193
11.4.2 Global Three-Idler Price (2013-2018) 194
11.5 Four-Idler Sales Growth Rate and Price 195
11.5.1 Global Four-Idler Sales Growth Rate (2013-2018) 195
11.5.2 Global Four-Idler Price (2013-2018) 196
Chapter 12 Global Belt Weigher Market Segment by Application 197
12.1 Global Belt Weigher Sales, Revenue and Market Share by Application (2013-2018) 197
12.1.1 Global Belt Weigher Sales and Market Share by Application (2013-2018) 197
12.2 Coal Industry Sales Growth Rate (2013-2018) 199
12.3 Power Station Sales Growth Rate Growth Rate (2013-2018) 200
12.4 Steel Plants Sales Growth Rate (2013-2018) 201
12.5 Cement Plants Sales Growth Rate (2013-2018) 202
12.6 Others Sales Growth Rate (2013-2018) 203
Chapter 13 Belt Weigher Market Forecast (2018-2027) 204
13.1 Global Belt Weigher Sales, Revenue and Growth Rate (2018-2027) 204
13.2 Belt Weigher Market Forecast by Regions (2018-2027) 206
13.2.1 North America Belt Weigher Market Forecast (2018-2027) 207
13.2.2 Europe Belt Weigher Market Forecast (2018-2027) 208
13.2.3 Asia Pacific Belt Weigher Market Forecast (2018-2027) 209
13.2.4 South America Belt Weigher Market Forecast (2018-2027) 210
13.2.5 Middle East and Africa Belt Weigher Market Forecast (2018-2027) 211
13.3 Belt Weigher Market Forecast by Type (2018-2027) 212
13.3.1 Global Belt Weigher Sales Forecast by Type (2018-2027) 212
13.3.2 Global Belt Weigher Market Share Forecast by Type (2018-2027) 212
13.4 Belt Weigher Market Forecast by Application (2018-2027) 213
13.4.1 Global Belt Weigher Sales Forecast by Application (2018-2027) 213
13.4.2 Global Belt Weigher Market Share Forecast by Application (2018-2027) 214
Chapter 14 Sales Channel, Distributors, Traders and Dealers 215
14.1 Marketing Channel 215
14.1.1 Direct Marketing 216
14.1.2 Indirect Marketing 217
14.1 Market Positioning 218
14.1.1 Marketing Channel Future Trend 219
14.1.2 Pricing Strategy 220
14.1.3 Brand Strategy 221
14.2 Distributors, Traders and Dealers 223
Chapter 15 Conclusion 224
1
Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.
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This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.
Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.
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