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Load Cell Market - Global Industry Analysis Size Share Growth Trends and Forecast 2016 - 2024

Load Cell Industry: Forecasts to 2024

  • April 2017
  • 151 pages
  • ID: 4895308
In this report:
Analog load cells are the majority of load cells found in the market and command a market share of more than ##%.
New, high specification and harsh environment oil rigs, replacement of old rigs, and interest of private equity to purchase oil rigs is expected to push the number for oil rigs which will positively impact the demand for load cells.

Summary

Table of Contents

Global Load Cell Market: Summary

Increasing demand for load cells in healthcare sector is forecast to increase demand for load cells. Medical devices and equipment including dialysis machines (in-center and in house hemodialysis), infusion pumps and surgical instruments among others are growing the industry demand for load cells. The growth of hemodialysis machines including home hemodialysis is driven by increasing patient population, replacement of existing HHD machines among others. Growing demand for HHD machines will increase demand for load cells. The growth of infusion pumps will be driven by rising occurrence of chronic diseases, geriatric population and growing surgical procedures.

There is an increasing demand for load cells in testing applications across aviation and aerospace industry. Load cells are used in design and testing during initial design, pre-flight and in-flight stages. In the design phase, standard load cells are used for aircraft component-testing including cockpit instruments, aircraft flaps, seat belts among others. In the pre-flight stage dual bridge load cells test the frame structure. In the in-flight stage, load cells monitor forces acting on airframe, pilot's touch on control stick and aircraft flight control system.

Increasing demand for load cells in upstream, midstream and downstream activities are growing the sector demand for load cells. Load cells are used in the construction of oil rigs. Growing demand for oil rigs will increase the market demand for load cells. New, high specification and harsh environment oil rigs, replacement of old rigs, and interest of private equity to purchase oil rigs is forecast to push the number for oil rigs which will positively impact the industry demand for load cells. Increasing demand for oil rigs from shale gas producers in the U.S.A is forecast to increase demand for load cells.

Global Load Cell Market: Segmentation

By end use industries the load cell market is divided into healthcare, agriculture equipment, oil & gas, aerospace & defense, automotive, bulk material handling, retail and others. Established on category, the sector is divided into single-point, s-type, shear beam and others. By technology the sector is divided into analog load cells and digital load cells. Analog load cells are the majority of load cells found in the sector and command a market share of more than 80%.

Geographically, the overall load cell market is divided into Asia Pacific, Middle East (ME) & African continent, Latin America area, Europe (EU) and North America continent. The industry for load cell has been provided in in terms of income as well as the Compound annual growth rate for the forecast period of 2016 to 2024.

The analysis also offers assessment of distinct drivers that is impacting the overall market, together with the restraints and alternatives that has also been covered under the scope of this report. All these aspects helps in determining various trends that has been impacting the global market increase. Furthermore, after taking into consideration all this factors, an comprehensive analysis of the region wise growth parameters of load cell market together with the global assessment for the forecast period of 2016-2024 has been also been provided within this industry report.

Global Load Cell Market: Competitive Analysis

The top players in the load cell market have been competitively profiled across the five broad geographic regions. This ambitious landscape is inclusive of the different business strategies approved by these main players and their new developments in the field of load cells. Futhermore, the market research includes the Analysis of market appeal of distinct types, technology on of load cell and insight into the main application area of the load cells.

Some of the leading players operating in the sector are Honeywell International Inc., Vishay Precision Group, Flintec Group AB, OMEGA Engineering Inc., FUTEK Advanced Sensor Technology, Zhonghang Electronic Measuring Instruments Co., Limited, Hottinger Baldwin Messtechnik GmbH, Novatech Measurements Ltd., Yamato Scale Co. Ltd, Thames Side Sensors Ltd., Mettler Toledo International Inc., Precia Molen among others.

By category

By area

North America (NA)

The USA

Canada (CA)

Mexico (MX)

Europe (EU)

U.K

Germany (DE)

France (FR)

Italy (IT)

Rest of europe (EU)

Asia-Pac

Japan (JP)

China (CN)

South Korea (KR)

India (IN)

Rest of Asia Pacific (APAC)

Middle East and Africa

United Arab Emirates

Saudi arabia (SA)

South africa (SA)

Rest of middle east and African regions (MEA)

Latin America

Brazil (BR)

Rest of Latin America

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