Load Cell Market will reach 1995.0 Million USD by the end of 2022 with a CAGR of 4.28% By Innovation Market Research, Inc

 Pulichser: XYZResearch

January 2021

 Pages: 115

 IMR 4263

The global Load Cell market is valued at 1617.6 Million USD in 2017 and will reach 1995.0 Million USD by the end of 2022, growing at a CAGR of 4.28% during 2017-2022. A load cell is a transducer that is used to create an electrical signal whose magnitude is directly proportional to the force being measured. The various types of load cells include hydraulic load cells, pneumatic load cells and strain gauge load cells.

Load Cell can be divided into five categories: Single Point Load Cell type, Compression Load Cell type, Shear Beam Load Cell type, S-Type Load Cell type and other types. Single Point Load Cell type accounted for the highest proportion in production market, with a figure of 21.74% in 2017, followed by Shear Beam Load Cell type, account for 19.53%, Compression Load Cell type account for 14.56% and S-Type Load Cell type account for 9.13%.

The sales market share of global Load Cell in Industrial use, Medical use, Retail use, Transportation use and other applications have been stable year by year, at 38.54%, 11.22%, 22.92%, 18.48% and 8.84% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Load Cell in the global market tends to be fixed without great changes. Among them, the Load Cell market has the most promising sales prospects in Industrial use.

East Asia is the largest production region of Load Cell, with a production value market share nearly 8.92% in Asia region in 2016. The second place is Japan; following East Asia with the production value market share over 8.16% in Asia region in 2016.

ZEMIC is the largest company in the global Load Cell market, accounted for 5.156% of the revenue market share in 2017, followed by Spectris and Vishay Precision Group, accounted for 4.717% and 3.777% of the revenue market share in 2017. The Load Cell industry is not concentrated, these manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top nineteen producers account for less 35% of the revenue market.

Briefly speaking, in the next few years, Load Cell industry will still be strong business competition. Sales of Load Cell have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Load Cell in these regions, from 2014 to 2026 (forecast), covering
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
South America (Brazil, Argentina, Columbia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Global Load Cell market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
Vishay Precision Group
Mettler Toledo
MinebeaMitsumi Inc.
Keli Electric Manufacturing (Ningbo) Co., Ltd.
Measurement Specialists and National Scale Technology
PCB Piezotronics, Inc.
FUTEK Advanced Sensor Technology, Inc.
Yamato Scale Co., Ltd.
Interface, Inc.
Rice Lake Weighing Systems
Novatech Measurements Limited
Thames Side Sensors Ltd
LAUMAS Elettronica

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Load Cell for each application, including

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