Europe weighing and inspection Market, By Product Type (Checkweighers, Metal Detectors, X-Ray Detection Systems), Industry Industry (Food and Beverages, Pharmaceuticals, Consumer Products, Automotive, Hazardous Products, Chemicals, Plastics and Materials, Others) – Industry Trends and Forecast to 2029.
Market Analysis and Size
The weighing and inspection systems are being widely deployed across both commercial and residential sectors with the rapid technological advancements. These are gaining significant attention due to their accuracy, portability, ease of calibration, durability and extra features.
Europe weighing and inspection market was valued at USD 376.73 million in 2021 and is expected to reach USD 661.95 million by 2029, registering a CAGR of 7.30% during the forecast period of 2022-2029. Pharmaceuticals is expected to witness significant growth in the industry segment of the market owing to the surge in research projects in the pharmaceutical and biotech companies. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Market Definition
Weighing and inspection refers to the equipment or items that are used to determine the weight of specific end-use products during the packaging process, both before and after it is finished.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Checkweighers, Metal Detectors, X-Ray Detection Systems), Industry Industry (Food and Beverages, Pharmaceuticals, Consumer Products, Automotive, Hazardous Products, Chemicals, Plastics and Materials, Others)
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Countries Covered
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Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe
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Market Players Covered
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Precia SA (France), Loma Systems (US), ESPERA-WERKE GmbH (Germany), Ossid, LLC. (US), WIPOTEC-OCS GmbH (Germany), Aja Ltd (Japan), Xact (US), Marel (Iceland), Thermo Fisher Scientific Inc. (US), HBM - Liebel (Germany), Bizerba (Germany), Minebea Intec (Germany), Mettler Toledo (US), Anritsu (Japan), Sesotec Gmbh (Germany), JBT (US), Heat and Control, Inc. (US), Rehoo Industrial Limited (China), Murata Machinery Ltd (Japan), ISHIDA CO., LTD. (Japan), among others
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Market Opportunities
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Europe Weighing and inspection Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Growing sales of high-quality equipment
Increased sales of high-quality equipment, which offers a variety of operational benefits such as increased accuracy and precision. This is likely to increase market demand for weighing and inspection.
- Rise in the use of the machines
The increased use of machines in the food industry is expected to drive the weighing and inspection market forward.
- Increasing adoption of digital measuring equipment
the growing popularity of digital measuring equipment and technologies across a wide range of industries continue to be a major driver of market growth for weighing and inspection.
Opportunities
Furthermore, keypad and combination smart locks, keyless and wireless smart locks, fob enabled smart locks, and fingerprint and biometric smart locks are some of the lock systems utilised in automated doors which extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
Restraints/Challenges
On the other hand, increase in the financial expenses concerning to the purchasing and establishment of the equipment to obstruct market growth. Also, growing for refurbished and used equipment is projected to challenge the Europe weighing and inspection market in the forecast period of 2022-2029.
This Europe weighing and inspection market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Europe weighing and inspection market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Europe Weighing and inspection Market
The COVID-19 has impacted Europe weighing and inspection market. Travel restrictions imposed by governments throughout the world to combat the virus' spread are mostly to blame for the market's slowing growth. Furthermore, the unprecedented economic situation caused by the coronavirus has compelled countries, particularly impoverished countries, to prioritise their spending, which is predicted to stymie future investments in this business. However, in the post-COVID scenario, Europe weighing and inspection market is projected to be significantly impacted.
Europe Weighing and inspection Market Scope and Market Size
The Europe weighing and inspection market is segmented on the basis of product type and industry. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Checkweighers
- Metal Detectors
Conveyor Based Systems
Search Heads
Gravity Feed Products
- X-Ray Detection Systems
Motion Check Weighers
Static Scales
Industry
- Food and Beverages
- Pharmaceuticals
- Consumer Products
- Automotive
- Hazardous Products
- Chemicals
- Plastics
- Materials
- Others
Europe Weighing and inspection Market Regional Analysis/Insights
The Europe weighing and inspection market is analysed and market size insights and trends are provided by country, product type and industry as referenced above.
The countries covered in the Europe weighing and inspection market report are Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Weighing and inspection Market Share Analysis
The Europe weighing and inspection market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Europe weighing and inspection market.
Some of the major players operating in the Europe weighing and inspection market are
- Precia SA (France)
- Loma Systems (US)
- ESPERA-WERKE GmbH (Germany)
- Ossid, LLC. (US)
- WIPOTEC-OCS GmbH (Germany)
- Aja Ltd (Japan)
- Xact (US), Marel (Iceland)
- Thermo Fisher Scientific Inc. (US)
- HBM - Liebel (Germany)
- Bizerba (Germany)
- Minebea Intec (Germany)
- Mettler Toledo (US)
- Anritsu (Japan)
- Sesotec Gmbh (Germany)
- JBT (US)
- Heat and Control, Inc. (US)
- Rehoo Industrial Limited (China)
- Murata Machinery Ltd (Japan)
- ISHIDA CO., LTD. (Japan)
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