Automatic Checkweigher Market Key Development Factors and Growth Drivers

Automatic checkweigher market is driven by increase in demand for checkweigher, rise in consumerism and surge in commodity trade. In addition, digitization of checkweigher is more likely to result in gaining more traction during the forecast period.

(businesspress24) - The global automatic checkweigher market witnessed massive growth in the recent years and continues to remain at a dominant market position during the forecast period. A checkweigher is a typical quality control system that ensures the product is packed and weighed according to the packaging standards and requirements. Checkweighers are vital to ensure manufacturing standards and deliver quality products leading to consumer satisfaction. Checkweighers are used in multiple industries as a part of quality assurance system. Mainly used in cosmetics, pharmaceuticals, beverages, transport/logistics, automotive, chemicals and food.

Automatic checkweigher market is driven by increase in demand for checkweigher, rise in consumerism and surge in commodity trade. In addition, digitization of checkweigher is more likely to result in gaining more traction during the forecast period. Moreover, rise in mall culture and demand for precision in weighing units contributes to the market growth in the estimated period.

By type, market is segmented as in-motion checkweighers and intermittent checkweighers. Application segmentation for the market comprises pharmaceuticals and Food & Beverages.

Geographical segmentation for automatic checkweigher industry spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America and Europe market is likely to grow at a significant CAGR during the forecast period. In addition, presence of food malls, grocery shops and supermarket adds to the regional market growth.

Asia-Pacific regions are likely to register a higher market share during the forecast period because of high demand for checkweighers in the retail sector. Multiple opportunities for market expansion in the retail segment followed by strategic initiatives to strengthen the growth curve is shaping the market growth in APAC sector.

The key players profiled in automatic checkweigher market report are Mettler-Toledo, Ishida, OCS, Loma Systems, Minebea Intec (Sartorius Intec), Anritsu, Avery Weigh-Tronix, Bizerba, Brapenta Eletronica, ALL-Fill Inc, Cardinal Scale, Yamato Scale Dataweigh, Cassel Messtechnik and General Measure Technology.

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Date: 12/16/2019 - 10:50
Language: English
News-ID 1554762
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Freigabedatum: 16.12.2019
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