On 1 July 2016, requirements to verify the gross mass of a packed container entered into force under the International Convention for the Safety of Life at Sea (SOLAS). Knowing the accurate gross mass of a packed container is critical to ensure correct stowage and stacking and avoid collapse of container stacks or loss overboard. This is an important safety measure, which is aimed at saving lives and preventing injury and the destruction of property.
According to the report, Growing Automation of Container Terminals or Ports is one of the primary growth factors for the market. Increasing Focus Towards Maritime Safety
is also expected to contribute significantly to the Container Weighing Systems market growth. Overall, Construction
applications of Container Weighing Systems, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Medium, such as Road, is boosting the Container Weighing Systems market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Component, such as Software, is boosting the Container Weighing Systems market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Container Weighing Systems market identified that the demand is rising in many different parts of the world as "Increasing Global Trade and Transportation
".
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Container Weighing Systems market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Container Weighing Systems market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Container Weighing Systems market size is calculated using market estimation process, the Container Weighing Systems market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Container Weighing Systems market size has been validated using both top-down and bottom-up approaches.