Published On : January 2018 Pages : 100 Category: Sensors & Controls Report Code : SE01504
Industry Outlook and Trend Analysis
The global Load Cell Market was worth USD 1.69 billion in 2017 and is expected to reach approximately USD 2.33 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 3.64% during the forecast period. Growing demand for load cells in the healthcare industry is foreseen to build interest for load cells. Medical devices and equipment including dialysis machines, implantation pumps and surgical instruments among others are expanding the interest for load cells. The development of haemodialysis machines including home haemodialysis (HHD) is driven by developing patient populace, substitution of existing HHD machines among others. Rising requirement for HHD machines (which serves just one patient) will expand interest for load cells.
Load Cell Market Segmentation
The Load Cell market is classified by Technology, Type and End User Industry. On the basis of technology the load cell market is segmented into Digital Load cell and Analog Load cell. Based on type the load cell market is segmented into Single-point, S-type, and Shear Beam. On the basis of end use industry the market is segmented into agriculture equipment, bulk material handling, healthcare, aerospace & defence, oil & gas, automotive, retail and others. Analog load cells are the most usual load cells found in the market and accounted for a market share of more than 80%. There is a developing demand for load cells in testing applications crosswise over aerospace and aviation sector. Load cells are useful as a part of outline and testing amid beginning plan, pre-flight and in-flight stages.
Regional Outlook and Trend Analysis
Geographically, the worldwide market for load cells has been segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. Among these, Europe has obtained the main position, because of the expanded usage of these cells in the automotive, oil and gas, aviation and safeguard, and the mass material handling enterprises. The existence of an expansive pool of organizations, taking into account mass material handling of ventures, for example, the cement, coal and iron metal mining, and railroad divisions, is additionally anticipated that would bolster the Europe market for load cells in the years to come.
Competitive Insights
The leading players in the market are ZH Electronic Measuring Instruments Co, Novatech Measurements Ltd, Thames Side Sensors India Pvt Ltd, Flintec Group AB, Honeywell, Vishay Precision Group, Mettler Toledo, Precia, Thames Side Sensors India Pvt Ltd, HBM and Yamato Scale. The market is extensively competitive and different business techniques are being implemented by these leading players and their current advancements in the field of load cells. Further, the report incorporates the market appeal examination of various types, innovation on of load cell and understanding into the significant application area of the load cells.
The load Cells Market is segmented as follows-
By Technology:
By Type:
By End Use Industries:
By Region
Some of the key questions answered by the report are:
Market Classification
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising Demand for Load Cells in Healthcare Sector
3.2.2. Restraints
3.2.2.1. Volatility of the Raw Materials
3.2.3. Opportunities
3.2.3.1. Emerging Countries to Offer Lucrative Growth Opportunities
4. Load Cell Market, By Technology
4.1. Introduction
4.2. Global Load Cell Sales, Revenue and Market Share by Technology (2017-2017)
4.2.1. Global Load Cell Sales and Sales Share by Technology (2017-2017)
4.2.2. Global Load Cell Revenue and Revenue Share by Technology (2017-2017)
4.3. Load Cell Market Assessment and Forecast, By Technology, 2017-2023
4.4. Analog Load Cells
4.4.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
4.5. Digital Load Cells
4.5.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
5. Load Cell Market, By Type
5.1. Introduction
5.2. Global Load Cell Sales, Revenue and Market Share by Type (2017-2017)
5.2.1. Global Load Cell Sales and Sales Share by Type (2017-2017)
5.2.2. Global Load Cell Revenue and Revenue Share by Type (2017-2017)
5.3. Load Cell Market Assessment and Forecast, By Type, 2017-2023
5.4. Single-Point
5.4.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
5.5. S-Type
5.5.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
5.6. Shear Beam
5.6.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
5.7. Other Types
5.7.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
6. Load Cell Market, By End User
6.1. Introduction
6.2. Global Load Cell Sales, Revenue and Market Share by End User (2017-2017)
6.2.1. Global Load Cell Sales and Sales Share by End User (2017-2017)
6.2.2. Global Load Cell Revenue and Revenue Share by End User (2017-2017)
6.3. Load Cell Market Assessment and Forecast, By End User, 2017-2023($Billion)
6.4. Healthcare
6.4.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
6.5. Agriculture Equipment
6.5.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
6.6. Oil & Gas
6.6.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
6.7. Aerospace & Defense
6.7.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
6.8. Automotive
6.8.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
6.9. Bulk Material Handling
6.9.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
6.10. Retail
6.10.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
6.11. Other End Users
6.11.1. Market Assessment and Forecast, By Region, 2017-2023($Billion)
7. Load Cell Market, By Region
7.1. Introduction
7.2. Load Cell Market Assessment and Forecast, By Region, 2017-2023($Billion)
7.3. Global Load Cell Sales, Revenue and Market Share by Regions
7.3.1. Global Load Cell Sales by Regions (2017-2017)
7.3.2. Global Load Cell Revenue by Regions (2017-2017)
7.4. North America
7.4.1. North America Load Cell Sales and Growth Rate (2017-2017)
7.4.2. Market Assessment and Forecast, By Country, 2017-2023($Billion)
7.4.3. Market Assessment and Forecast, By Type, 2017-2023($Billion)
7.4.4. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.4.5. Market Assessment and Forecast, By End User, 2017-2023($Billion)
7.4.6. U.S.
7.4.6.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
7.4.6.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.4.6.1.3. Market Assessment and Forecast, By End User, 2017-2023($Billion)
7.4.6.2. Canada
7.4.6.2.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
7.4.6.2.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.4.6.2.3. Market Assessment and Forecast, By End User, 2017-2023($Billion)
7.4.6.3. Mexico
7.4.6.3.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
7.4.6.3.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.4.6.3.3. Market Assessment and Forecast, By End User, 2017-2023($Billion)
7.5. Europe
7.5.1. Europe Load Cell Sales and Growth Rate (2017-2017)
7.5.2. Market Assessment and Forecast, By Country, 2017-2023($Billion)
7.5.3. Market Assessment and Forecast, By Type, 2017-2023($Billion)
7.5.4. Market Assessment and Forecast, By End User, 2017-2023($Billion)
7.5.5. Market Assessment and Forecast, By End User, 2017-2023($Billion)
7.5.6. Germany
7.5.6.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
7.5.6.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.5.6.1.3. Market Assessment and Forecast, By End User, 2017-2023($Billion)
7.5.7. France
7.5.7.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
7.5.7.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.5.7.1.3. Market Assessment and Forecast, By End User, 2017-2023($Billion)
7.5.8. UK
7.5.8.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
7.5.8.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.5.8.1.3. Market Assessment and Forecast, By End User, 2017-2023($Billion)
7.5.9. Italy
7.5.9.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
7.5.9.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.5.9.1.3. Market Assessment and Forecast, By End User, 2017-2023($Billion)
7.5.10. Spain
7.5.10.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
7.5.10.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.5.10.1.3. Market Assessment and Forecast, By End User, 2017-2023($Billion)
7.5.10.2. Rest of Europe
7.5.10.2.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
7.5.10.2.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
7.5.10.2.3. Market Assessment and Forecast, By End User, 2017-2023($Billion)
8. Asia-Pacific
8.1.1. Asia-Pacific Load Cell Sales and Growth Rate (2017-2017)
8.1.2. Market Assessment and Forecast, By Country, 2017-2023($Billion)
8.1.3. Market Assessment and Forecast, By Type, 2017-2023($Billion)
8.1.4. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.5. Market Assessment and Forecast, By End User,2017-2023($Billion)
8.1.5.1. Japan
8.1.5.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
8.1.5.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.5.1.3. Market Assessment and Forecast, By End User,2017-2023($Billion)
8.1.6. China
8.1.6.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
8.1.6.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.6.1.3. Market Assessment and Forecast, By End User,2017-2023($Billion)
8.1.7. Australia
8.1.7.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
8.1.7.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.7.1.3. Market Assessment and Forecast, By End User,2017-2023($Billion)
8.1.8. India
8.1.8.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
8.1.8.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.8.1.3. Market Assessment and Forecast, By End User,2017-2023($Billion)
8.1.9. South Korea
8.1.9.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
8.1.9.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.9.1.3. Market Assessment and Forecast, By End User,2017-2023($Billion)
8.1.10. Rest of Asia-Pacific
8.1.10.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
8.1.10.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
8.1.10.1.3. Market Assessment and Forecast, By End User,2017-2023($Billion)
9. Rest of the World
9.1.1. Rest of the World Load Cell Sales and Growth Rate (2017-2017)
9.1.2. Market Assessment and Forecast, By Country, 2017-2023($Billion)
9.1.3. Market Assessment and Forecast, By Type, 2017-2023($Billion)
9.1.4. Market Assessment and Forecast, By End User,2017-2023($Billion)
9.1.5. Market Assessment and Forecast, By End User,2017-2023($Billion)
9.1.6. Brazil
9.1.6.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
9.1.6.1.2. Market Assessment and Forecast, By Technology , 2017-2023($Billion)
9.1.6.1.3. Market Assessment and Forecast, By End User,2017-2023($Billion)
9.1.7. Turkey
9.1.7.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
9.1.7.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
9.1.7.1.3. Market Assessment and Forecast, By End User,2017-2023($Billion)
9.1.8. Saudi Arabia
9.1.8.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
9.1.8.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
9.1.8.1.3. Market Assessment and Forecast, By End User,2017-2023($Billion)
9.1.9. South Africa
9.1.9.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
9.1.9.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
9.1.9.1.3. Market Assessment and Forecast, By End User,2017-2023($Billion)
9.1.10. United Arab Emirates
9.1.10.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
9.1.10.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
9.1.10.1.3. Market Assessment and Forecast, By End User,2017-2023($Billion)
9.1.11. Others
9.1.11.1.1. Market Assessment and Forecast, By Type, 2017-2023($Billion)
9.1.11.1.2. Market Assessment and Forecast, By Technology, 2017-2023($Billion)
9.1.11.1.3. Market Assessment and Forecast, By End User,2017-2023($Billion)
10. Company Profiles
10.1. Honeywell International Inc.
10.1.1. Business Overview
10.1.2. Product Portfolio
10.1.3. Strategic Developments
10.1.4. Load Cell Sales, Revenue and Market Share
10.2. Vishay Precision Group (VPG)
10.2.1. Business Overview
10.2.2. Product Portfolio
10.2.3. Strategic Developments
10.2.4. Load Cell Sales, Revenue and Market Share
10.3. Flintec Group AB
10.3.1. Business Overview
10.3.2. Product Portfolio
10.3.3. Strategic Developments
10.3.4. Load Cell Sales, Revenue and Market Share
10.4. OMEGA Engineering Inc.
10.4.1. Business Overview
10.4.2. Product Portfolio
10.4.3. Strategic Developments
10.4.4. Load Cell Sales, Revenue and Market Share
10.5. FUTEK Advanced Sensor Technology
10.5.1. Business Overview
10.5.2. Product Portfolio
10.5.3. Strategic Developments
10.5.4. Load Cell Sales, Revenue and Market Share
10.6. Zhonghang Electronic Measuring Instruments Co., Ltd.
10.6.1. Business Overview
10.6.2. Product Portfolio
10.6.3. Strategic Developments
10.6.4. Load Cell Sales, Revenue and Market Share
10.7. Hottinger Baldwin Messtechnik GmbH (HBM)
10.7.1. Business Overview
10.7.2. Product Portfolio
10.7.3. Strategic Developments
10.7.4. Load Cell Sales, Revenue and Market Share
10.8. Novatech Measurements Ltd.
10.8.1. Business Overview
10.8.2. Product Portfolio
10.8.3. Strategic Developments
10.8.4. Load Cell Sales, Revenue and Market Share
10.9. Yamato Scale Co. Ltd
10.9.1. Business Overview
10.9.2. Product Portfolio
10.9.3. Strategic Developments
10.9.4. Load Cell Sales, Revenue and Market Share
10.10.Thames Side Sensors Ltd.
10.10.1. Business Overview
10.10.2. Product Portfolio
10.10.3. Strategic Developments
10.10.4. Load Cell Sales, Revenue and Market Share
11. Global Load Cell Market Competition, by Manufacturer
11.1. Global Load Cell Sales and Market Share by Manufacturer (2017-2017)
11.2. Global Load Cell Revenue and Market Share by Manufacturer (2017-2017)
11.3. Top 5 Load Cell Manufacturer Market Share
11.4. Market Competition Trend
List of Tables
Table: Global Load Cell Market, By Technology, 2017-2023($Million)
Table: Global Load Cell Sales and Sales Share by Technology (2017-2017)
Table: Global Load Cell Revenue and Revenue Share by Technology (2017-2017)
Table: Analog Load Cells Market, By Region, 2017-2023($Million)
Table: Digital Load Cells Market, By Region, 2017-2023($Million)
Table: Global Load Cell Market, By Type, 2017-2023($Million)
Table: Global Load Cell Sales and Sales Share by Type (2017-2017)
Table: Global Load Cell Revenue and Revenue Share by Type (2017-2017)
Table: Single-Point Market, By Region, 2017-2023($Million)
Table: S-Type Market, By Region, 2017-2023($Million)
Table: Shear Beam Market, By Region, 2017-2023($Million)
Table: Other Types Market, By Region, 2017-2023($Million)
Table: Global Load Cell Market, By End User, 2017-2023($Million)
Table: Global Load Cell Sales and Sales Share by End User (2017-2017)
Table: Global Load Cell Revenue and Revenue Share by End User (2017-2017)
Table: Healthcare Market, By Region, 2017-2023($Million)
Table: Agriculture Equipment Market, By Region, 2017-2023($Million)
Table: Oil & Gas Market, By Region, 2017-2023($Million)
Table: Aerospace & Defense Market, By Region, 2017-2023($Million)
Table: Automotive Market, By Region, 2017-2023($Million)
Table: Bulk Material Handling Market, By Region, 2017-2023($Million)
Table: Retail Market, By Region, 2017-2023($Million)
Table: Other End Users Market, By Region, 2017-2023($Million)
Table: Global Load Cell Sales, Revenue and Market Share by Regions
Table: North America Load Cell Sales and Growth Rate (2017-2017)
Table: North America Load Cell Market, By Country, 2017-2023($Million)
Table: North America Load Cell Market, By Type, 2017-2023($Million)
Table: North America Load Cell Market, By Technology, 2017-2023($Million)
Table: North America Load Cell Market, By End User, 2017-2023($Million)
Table: U.S. Load Cell Market, By Type, 2017-2023($Million)
Table: U.S. Load Cell Market, By Technology, 2017-2023($Million)
Table: U.S. Load Cell Market, By End User, 2017-2023($Million)
Table: Canada Load Cell Market, By Type, 2017-2023($Million)
Table: Canada Load Cell Market, By Technology, 2017-2023($Million)
Table: Canada Load Cell Market, By End User, 2017-2023($Million)
Table: Mexico Load Cell Market, By Type, 2017-2023($Million)
Table: Mexico Load Cell Market, By Technology, 2017-2023($Million)
Table: Mexico Load Cell Market, By End User, 2017-2023($Million)
Table: Europe Load Cell Sales and Growth Rate (2017-2017)
Table: Europe Load Cell Market, By Country, 2017-2023($Million)
Table: Europe Load Cell Market, By Type, 2017-2023($Million)
Table: Europe Load Cell Market, By Technology, 2017-2023($Million)
Table: Europe Load Cell Market, By End User, 2017-2023($Million)
Table: Germany Load Cell Market, By Type, 2017-2023($Million)
Table: Germany Load Cell Market, By Technology, 2017-2023($Million)
Table: Germany Load Cell Market, By End User, 2017-2023($Million)
Table: France Load Cell Market, By Type, 2017-2023($Million)
Table: France Load Cell Market, By Technology, 2017-2023($Million)
Table: France Load Cell Market, By End User, 2017-2023($Million)
Table: UK Load Cell Market, By Type, 2017-2023($Million)
Table: UK Load Cell Market, By Technology, 2017-2023($Million)
Table: UK Load Cell Market, By End User, 2017-2023($Million)
Table: Italy Load Cell Market, By Type, 2017-2023($Million)
Table: Italy Load Cell Market, By Technology, 2017-2023($Million)
Table: Italy Load Cell Market, By End User, 2017-2023($Million)
Table: Spain Load Cell Market, By Type, 2017-2023($Million)
Table: Spain Load Cell Market, By Technology, 2017-2023($Million)
Table: Spain Load Cell Market, By End User, 2017-2023($Million)
Table: Rest of Europe Load Cell Market, By Type, 2017-2023($Million)
Table: Rest of Europe Load Cell Market, By Technology, 2017-2023($Million)
Table: Rest of Europe Load Cell Market, By End User, 2017-2023($Million)
Table: Asia-Pacific Load Cell Sales and Growth Rate (2017-2017)
Table: Asia-Pacific Load Cell Market, By Country, 2017-2023($Million)
Table: Asia-Pacific Load Cell Market, By Type, 2017-2023($Million)
Table: Asia-Pacific Load Cell Market, By Technology, 2017-2023($Million)
Table: Asia-Pacific Load Cell Market, By End User, 2017-2023($Million)
Table: Japan Load Cell Market, By Type, 2017-2023($Million)
Table: Japan Load Cell Market, By Technology, 2017-2023($Million)
Table: Japan Load Cell Market, By End User, 2017-2023($Million)
Table: China Load Cell Market, By Type, 2017-2023($Million)
Table: China Load Cell Market, By Technology, 2017-2023($Million)
Table: China Load Cell Market, By End User, 2017-2023($Million)
Table: Australia Load Cell Market, By Type, 2017-2023($Million)
Table: Australia Load Cell Market, By Technology, 2017-2023($Million)
Table: Australia Load Cell Market, By End User, 2017-2023($Million)
Table: India Load Cell Market, By Type, 2017-2023($Million)
Table: India Load Cell Market, By Technology, 2017-2023($Million)
Table: India Load Cell Market, By End User, 2017-2023($Million)
Table: South Korea Load Cell Market, By Type, 2017-2023($Million)
Table: South Korea Load Cell Market, By Technology, 2017-2023($Million)
Table: South Korea Load Cell Market, By End User, 2017-2023($Million)
Table: Rest of Asia-Pacific Load Cell Market, By Type, 2017-2023($Million)
Table: Rest of Asia-Pacific Load Cell Market, By Technology, 2017-2023($Million)
Table: Rest of Asia-Pacific Load Cell Market, By End User, 2017-2023($Million)
Table: Rest of the World Load Cell Sales and Growth Rate (2017-2017)
Table: Rest of the World Load Cell Market, By Country, 2017-2023($Million)
Table: Rest of the World Load Cell Market, By Type, 2017-2023($Million)
Table: rest of the World Load Cell Market, By Technology, 2017-2023($Million)
Table: Rest of the World Load Cell Market, By End User, 2017-2023($Million)
Table: Brazil Load Cell Market, By Type, 2017-2023($Million)
Table: Brazil Load Cell Market, By Technology, 2017-2023($Million)
Table: Brazil Load Cell Market, By End User, 2017-2023($Million)
Table: Turkey Load Cell Market, By Type, 2017-2023($Million)
Table: Turkey Load Cell Market, By Technology, 2017-2023($Million)
Table: Turkey Load Cell Market, By End User, 2017-2023($Million)
Table: Saudi Arabia Load Cell Market, By Type, 2017-2023($Million)
Table: Saudi Arabia Load Cell Market, By Technology, 2017-2023($Million)
Table: Saudi Arabia Load Cell Market, By End User, 2017-2023($Million)
Table: South Africa Load Cell Market, By Type, 2017-2023($Million)
Table: South Africa Load Cell Market, By Technology, 2017-2023($Million)
Table: South Africa Load Cell Market, By End User, 2017-2023($Million)
Table: United Arab Emirates Load Cell Market, By Type, 2017-2023($Million)
Table: United Arab Emirates Load Cell Market, By Technology, 2017-2023($Million)
Table: United Arab Emirates Load Cell Market, By End User, 2017-2023($Million)
Table: Others Load Cell Market, By Type, 2017-2023($Million)
Table: Others Load Cell Market, By Technology, 2017-2023($Million)
Table: Others Load Cell Market, By End User, 2017-2023($Million)
Table: Honeywell International Inc.: Key Strategic Developments, 2017-2017
Table: Vishay Precision Group (VPG): Key Strategic Developments, 2017-2017
Table: Flintec Group AB: Key Strategic Developments, 2017-2017
Table: OMEGA Engineering Inc.: Key Strategic Developments, 2017-2017
Table: FUTEK Advanced Sensor Technology: Key Strategic Developments, 2017-2017
Table: Zhonghang Electronic Measuring Instruments Co., Ltd.: Key Strategic Developments, 2017-2017
Table: Hottinger Baldwin Messtechnik GmbH: Key Strategic Developments, 2017-2017
Table: Novatech Measurements Ltd.: Key Strategic Developments, 2017-2017
Table: Yamato Scale Co. Ltd: Key Strategic Developments, 2017-2017
Table: Thames Side Sensors Ltd.: Key Strategic Developments, 2017-2017
List of Figures
Figure: Global Load Cell Market Share, By Technology, 2017 & 2023
Figure: Global Load Cell Market, By Type, 2017 & 2023 ($Million)
Figure: Global Load Cell Market, By End User, 2017 & 2023 ($Million)
Figure: Global Load Cell Market, By Region, 2017 & 2023 ($Million)
Figure: Global Load Cell Sales and Sales Share by Technology (2017-2017)
Figure: Global Load Cell Revenue and Revenue Share by Technology (2017-2017)
Figure: Global Load Cell Sales and Sales Share by Type (2017-2017)
Figure: Global Load Cell Revenue and Revenue Share by Type (2017-2017)
Figure: Global Load Cell Sales and Sales Share by End User (2017-2017)
Figure: Global Load Cell Revenue and Revenue Share by End User (2017-2017)
Figure: North America Load Cell Sales and Growth Rate (2017-2017)
Figure: Europe Load Cell Sales and Growth Rate (2017-2017)
Figure: Asia-Pacific Load Cell Sales and Growth Rate (2017-2017)
Figure: Rest of the World Load Cell Sales and Growth Rate (2017-2017)
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
Data Collection Matrix |
Supply Side |
Demand Side |
Primary Data Sources |
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Secondary Data Sources |
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Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
Qualitative Data |
Quantitative Data (2017-2025) |
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