Container Weighing System Market Rugged Expansion Foreseen by 2025

Global Container Weighing System Market: Overview

Container weighing systems comprise an important part of the global transportation sector. Checking the weight of containers before they are loaded is integral to avoiding accidents caused by overloading. Various modes of transportation have their own weight parameters, but the widespread use of containers has provided a standard metric of measurement, helping wider adoption of container weighing systems.

The global container weighing system market is divided into two types of product offerings: hardware and software. The hardware segment is likely to lead the global container weighing system market in the coming years, with weighbridges expected to take up a dominant share. The convenience of using weighbridges in weighing containers is the prime driver for the segment. The use of weighbridges is also supported by the regulatory framework in several regions, which has made them an important segment of the container weighing system market.

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Global Container Weighing System Market: Key Trends

The rising volume of international marine trade is likely to remain one of the prime drivers for the global container weighing system market in the coming years. The increasingly stringent regulatory frameworks governing marine trade across the world are likely to remain a key driver for the global container weighing system market in the coming years. One of the key components of marine trade regulations are the maximum loads defined according to SOLAS regulations. The need for accurate measurement of the total weight of containers in any marine trade vessel has thus become an essential driver for the global container weighing system market.

The high costs of installing container weighing systems have had a negative impact on the global container weighing system market in recent years, but this could also be counteracted by the regulatory support being provided to the installation of sophisticated container weighing systems.

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The steady adoption of automated facilities at several major ports is also likely to have a crucial impact on the global container weighing system market. Due to the large-scale use of containers in marine trade, ports are the leading application sector of the global container weighing system market and are likely to retain a dominant share in the market in the coming years. Ports undergoing automation-oriented upgrades are likely to incorporate container weighing systems in their automatic container handling systems in the coming years. This could become a steady revenue source for the global container weighing system market in the coming years.

Global Container Weighing System Market: Market Potential

The global container weighing system market is unlikely to undergo major change over the coming years, as the use of the technology in transportation is the norm rather than the exception in most regions. Lorries and other land-based transportation systems could gain a more prominent share in the container weighing system market due to the consistent demand for the establishment of new infrastructure.

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Global Container Weighing System Market: Geographical Dynamics

North America is likely to hold a dominant share in the global container weighing system market in the coming years due to the rising demand for automation technology in a wide range of industries in the region. The heavy emphasis on ensuring the safety of transported materials is another driver for the container weighing system market in North America.

Asia Pacific could play a major role in the development of the global container weighing system market in the coming years. Emerging economies in the region, such as China and India, have initiated extensive infrastructure development plans in the last few years and are likely to provide sustained funding to the development of urban facilities and other infrastructure projects in the coming years.

Global Container Weighing System Market: Competitive Dynamics

The leading players in the global container weighing system market include Flintec Group AB, Mettler-Toledo International Inc., Rice Lake Weighing Systems Inc., and Avery Weigh Tronics LLC.

Container Weighing System Demanded with Rising Global Marine Trade

San Francisco, California, February 19, 2018 – The global container weighing system market is foreseen in a report by TMR Research to gain from the swelling volume of international marine trade. Titled “Container Weighing System Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” the report mentions that the requirement of accurately measuring the weight of marine trade vessel containers could increase the demand in market. Another factor that is anticipated to amplify the demand for container weighing system are the significantly tight regulatory frameworks for marine trade implemented across the globe. Safety of Life at Sea (SOLAS) defining maximum loads is underlined to be an important element of marine trade regulations.

However, the world container weighing system market has been foreseen by seasoned analysts to be hindered due to expensive installation cost. Nevertheless, this market constraint could be dealt with the help of regulatory support available for organizations to install even high-end container weighting system. If you are a regular player operating in the market, you could find it bearing a positive impact of the stable adoption of automated services at a number of leading ports. This has been projected to be translated into ports being a chief application sector of the market. Furthermore, in the near future, you could see ports gaining a larger share of the market.

Automatic container handling systems of several ports implementing automation-oriented improvements have been expected to include container weighing system. Analysts have forecast this to be a secure source of revenue for the world container weighing system market. Companies making business in the market primarily offer two types of container weighing system to end users, i.e. software and hardware. Out of these hardware products have been prognosticated to attain a lion’s market share in the coming years. Amongst hardware products, weighbridges could flaunt a greater share of the market. The main reason anticipated to help weighbridges to outweigh other hardware products in terms of share is their convenience and ease of use.

Weighbridges could also be a significant product of the international container weighing system market because of their use being supported by certain regulations implemented in different regions of the world. As a competitor, it is important for you to know that there could be considerable changes taking birth in the market. This is a situation that has been prophesied to take shape on the back of the extensive usage of contain weighting system in the transportation sector. In fact, it has become a norm, if not in all regions, instead of an exception. In this regard, land-based transportation systems such as lorries could stand out in the market because of the constant requirement of the institution of new infrastructure.

North America has been witnessing a telling demand for automation technology in a broad selection of industries. As a result, the region has been predicted to collect a leading share of the international container weighing system market. Another factor that has been envisaged to help the region to sustain its lead in the market could be the growing importance laid on the maintenance of the safety of transported materials.

Nonetheless, Asia Pacific could also contribute decently by playing a significant part in the development of the international container weighing system market. India, China, and other developing countries of the region have been expected to offer enough funding for developing infrastructure projects such as those related to urban facilities in the foreseeable future.

The international container weighing system market could feature prominent companies such as Rice Lake Weighing Systems Inc. and Mettler-Toledo International Inc.

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