What is Weighbridges Market?
A weighbridge is a set of scale used to weigh bulk items. A set of scale mounted by weighbridges manufacturer on a concrete surface to measure load of bulk quantities. It is available in digital, mechanical and electrical types. It shows weigh of load through electronic or digital monitor. Weighbridges are mostly used to weigh vehicles, bulk quantities of agricultural products, trucks and rail containers. Accurate weighing to gain exact figures without manipulation in weight. Thus, industry manufacturers maintains their inward and outward goods. They also known as truck sales in United States. Weighbridges offers weighing platform which are connected to a balancing mechanism which is used to weight of rail, vehicle, commodities and other.
The market study is being classified by Type (Electronic Weighbridges, Mechanical Weighbridges and Digital Weighbridges), by Application (Warehouse, Trading Company, Market Place, Port and Others) and major geographies with country level break-up.
Avery Weigh-Tronix (United Kingdom), Prime Scales (United States), E-Global (India), Delmer Group (United Kingdom), Essae Digitronics (India), Gabcon (South Africa), Techno Scale Industries (India), Weightron (United States), METTLER TOLEDO (India), Schenck Process (Germany), PRECIA SA (France) and Tradeweb India Pvt. Ltd.(India) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Soc Coop Bilanciai (Italy) and VIRMARGROUP (China).
The market of weighbridge is expected to grow with rising demand from range of industries. Construction, transportation activities routinely used this weighbridges hence the demand is continue to rise. Thus, various companies are operating in the market to provide technologically advanced weighbridges. The market is highly fragmented owing to presence of major players. This market players are gaining attention owing to raised demand. However, new entries have created rivalry in the market.
Segment Analysis
Analyst at AMA have segmented the market study of Global Weighbridges market by Type, Application and Region.
On the basis of geography, the market of Weighbridges has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Expenditure of Automobile, Mining, Transportation Industry
- Increasing Demand for Weighing Of Bulk Quantities of Agricultural, Healthcare & Consumer Goods Commodities Routinely
Market Trend
- Improved Productivity & Operational Efficiencies of End Use Industries
Restraints
- High Cost Associated With Civil Mounted Weighbridges
- Risk of Personnel Manipulation May Alter Its Accuracy Which May Hamper the Demand
Opportunities
- Advancements like Electric Platforms & Weight in Motion Technology Has Created Ample Opportunities
- Inclination towards Less Dependency on Personnel Regarding Analysis and Calculation of Key Data Leads to the Use of Weighbridges for Routinely Activities
Challenges
- Fluctuation in Accuracy Owing to Certain External Factors like Wind, Environmental Forces
In October 2017, Gabcon has launched weighbridge. This weighbridge is efficient to weigh their containers for both exports and imports. With thus launch, company is able to serve wide range of industries such as construction, automobile and others.
Key Target Audience
Weighbridges Manufacturers, Weighbridges Suppliers/Distributor, Components & Raw Material Suppliers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry