Emerging Real-Time Technologies Drive Growth Prospects in the Global Weighing Equipment Sector
Regulations in key industries and opportunities from services to enable and sustain growth
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This study analyzes the global weighing equipment market and provides information on total market revenue by analyzing key regions: North America, Latin America, Europe, Middle East, and Africa (EMEA), and Asia-Pacific (APAC). It discusses major trends and the prevailing scenario in all specified regions. The product segments included in the study are:
• Floor and bench scales
• Checkweighers
• Continuous weighing equipment
• Transportation scales
• Precision balances
• Other weighing scales (e.g., vessel and impact scales)
There are significant market opportunities for weighing equipment vendors. Frost & Sullivan forecasts the need for precision and adherence to regulations in industries such as food and beverage and pharmaceuticals will drive market growth in the medium to long term. Reduced investments in major end user industries have impacted the market. The majority of market restraints are on a global scale, such as the COVID-19 pandemic.
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