Belt Scale Market Value Is Estimated to Reach USD 1.32 Bn by 2028, With 3.2% CAGR – Credence Research - Digital Journal

2022-09-16 19:03:07 By : Ms. cherry cai

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The latest market report published by Credence Research, Inc. “Global Belt Scale Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Belt Scale Market generated revenue of around USD 1.1 billion in 2021 and is anticipated to grow a CAGR of over 3.2% during the forecast period from 2022 to 2028 to reach around USD 1.32 billion in 2028.

The part of a conveyor system used to gauge flow rates and determine how much material is moving along a conveyor belt is called a belt scale. Conveyor belt scales are becoming more and more popular among end users, which predicts the growth of the belt scales market due to factors like precision weighing mechanisms, low operating costs, and high efficiency. Besides, increasing automation in industries leads to increased adoption of conveyor systems, which positively impacts market growth. The key factors driving the belt scale market growth during the forecast period are technological advancements and the increasing replacement of traditional weighing mechanisms with conveyor belt scales to gain a competitive edge in the industry. However, the high costs of belt scale systems are a major impediment to the belt scale market’s growth.

The global belt scale market is bifurcated into Idler Type, Weighing Capacity, End-User Industry, and Geography. Based on the idler type, the market is categorized into single idler and multi-idler. Based on weighing capacity, the global market is segmented into light (less than 1500 t/h), moderate (1500 – 5000 t/h), and heavy (more than 5000 t/h). Based on the end-use industry, the market is categorized into mining, food & beverages, cement, steel, logistics, energy & power, and others. Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

Let’s learn more with complete Table of Content, List of Figure & List of Table–Read more: https://www.credenceresearch.com/report/belt-scale-market

Europe dominated the global belt scale market in 2021 owing to a rise in the use of belt scales by various end-user industries, including steel, cement, energy & power, and logistics. Belt scales are in high demand in European countries, particularly Switzerland. Demand is also increasing in other parts of Europe due to increased activity in gravel works, quarries, mines, cargo load-carrying stations, construction sites, tunnel drilling, and road construction.

Why to Buy This Report –

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

2.1. Market Snapshot: Global Belt Scale Market

2.2. Global Belt Scale Market, By Idler Type

2.3. Global Belt Scale Market, By Weighing Capacity

2.4. Global Belt Scale Market, By End-User Industry

2.5. Global Belt Scale Market, By Region

3. Market Dynamics & Factors Analysis

3.1.1. Global Belt Scale Market Value, 2016-2028, (US$ Bn)

4.1. STAR (Situation, Task, Action, Results) Analysis

4.2. Porter’s Five Forces Analysis

4.2.2. Bargaining Power of Buyers/Consumers

5. Market Positioning of Key Players, 2021

5.1. Company market share of key players, 2021

5.3. Market Positioning of Key Vendors

5.5. Major Strategies Adopted by Key Players

6.1. Global Belt Scale Market Pre Vs Post COVID 19, 2019 – 2028

6.2. Impact on Import & Export

6.3. Impact on Demand & Supply

7.1. Global Belt Scale Market, by Idler Type, 2016-2028(US$ Bn)

7.1.2. Global Belt Scale Market, By Idler Type, 2021 vs 2028 (in%)

7.1.3. Global Belt Scale Market, By Single Idler, 2016-2028 (US$ Bn)

7.1.4. Global Belt Scale Market, By Multi Idler, 2016-2028 (US$ Bn)

7.2. Global Belt Scale Market, by Weighing Capacity, 2016-2028(US$ Bn)

7.2.2. Global Belt Scale Market, By Weighing Capacity, 2021 vs 2028 (in%)

7.2.3. Global Belt Scale Market, By Light (Less than 1500 t/h), 2016-2028 (US$ Bn)

7.2.4. Global Belt Scale Market, By Moderate (1500 – 5000 t/h), 2016-2028 (US$ Bn)

7.2.5. Global Belt Scale Market, By Heavy (More than 5000 t/h), 2016-2028 (US$ Bn)

7.3. Global Belt Scale Market, by End-User Industry, 2016-2028(US$ Bn)

7.3.2. Global Belt Scale Market, By End-User Industry, 2021 vs 2028 (in%)

7.3.3. Global Belt Scale Market, By Mining, 2016-2028 (US$ Bn)

7.3.4. Global Belt Scale Market, By Food & Beverages, 2016-2028 (US$ Bn)

7.3.5. Global Belt Scale Market, By Cement, 2016-2028 (US$ Bn)

7.3.6. Global Belt Scale Market, By Steel, 2016-2028 (US$ Bn)

7.3.7. Global Belt Scale Market, By Logistics, 2016-2028 (US$ Bn)

7.3.8. Global Belt Scale Market, By Energy & Power, 2016-2028 (US$ Bn)

7.3.9. Global Belt Scale Market, By Others, 2016-2028 (US$ Bn)

8. North America Belt Scale Market Analysis

9. Europe Belt Scale Market Analysis

10. Asia Pacific Belt Scale Market Analysis

11. Latin America Belt Scale Market Analysis

12. Middle East and Africa Belt Scale Market Analysis

12.1. Middle East and Africa Belt Scale Market, by Idler Type, 2016-2028(US$ Bn)

12.2. Middle East and Africa Belt Scale Market, by Weighing Capacity, 2016-2028(US$ Bn)

12.3. Middle East and Africa Belt Scale Market, by End-User Industry, 2016-2028(US$ Bn)

12.4. Middle East and Africa Belt Scale Market, by Country, 2016-2028 (US$ Bn)

12.4.1.1. GCC Countries Belt Scale Market Estimates and Forecast, 2016-2028 (US$ Bn)

12.4.1.2. GCC Countries Belt Scale, By Idler Type, 2016-2028 (US$ Bn)

12.4.1.3. GCC Countries Belt Scale, By Weighing Capacity, 2016-2028 (US$ Bn)

12.4.1.4. GCC Countries Belt Scale, By End-User Industry, 2016-2028 (US$ Bn)

12.4.2.1. South Africa Belt Scale Market Estimates and Forecast, 2016-2028 (US$ Bn)

12.4.2.2. South Africa Belt Scale, By Idler Type, 2016-2028 (US$ Bn)

12.4.2.3. South Africa Belt Scale, By Weighing Capacity, 2016-2028 (US$ Bn)

12.4.2.4. South Africa Belt Scale, By End-User Industry, 2016-2028 (US$ Bn)

12.4.3. Rest of Middle East and Africa

12.4.3.1. Rest of Middle East and Africa Belt Scale Market Estimates and Forecast, 2016-2028 (US$ Bn)

12.4.3.2. Rest of Middle East and Africa Belt Scale, By Idler Type, 2016-2028 (US$ Bn)

12.4.3.3. Rest of Middle East and Africa Belt Scale, By Weighing Capacity, 2016-2028 (US$ Bn)

12.4.3.4. Rest of Middle East and Africa Belt Scale, By End-User Industry, 2016-2028 (US$ Bn)

13.1.4.1. Market Revenue and Net Profit (2019-2021)

13.5. Yamato Weighing & Information Technology 

Let’s learn more with complete Table of Content, List of Figure & List of Table–Read more: https://www.credenceresearch.com/report/belt-scale-market

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, nonlegislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

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