Container Weighing System Market to Reach USD 3.95 Billion by 2022 - Expected to Witness Significant Growth in the Coming Years - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Container Weighing Systems Market - Global Forecast to 2022" report to their offering.

The container weighing system market is estimated to reach USD 3.95 billion by 2022, at a CAGR of 4.6% between 2017 and 2022. The market is expected to witness significant growth in the coming years owing to the increasing focus on safety for maritime transportation and the mandated SOLAS regulations to verify the gross mass of the container to be shipped.

Container handling forklift trucks are expected to witness the highest growth in the market during the forecast period. The growth of this segment is primarily due to its functional benefits as it offers two major advantages-overload protection and non-disruptive way of weight measurement. The container handling forklift truck does not lift the container if the container weighs more than the prescribed weight it can lift. This feature prevents the mishandling of containers and goods and reduces the risk of accidents in the operations. This feature enhances the adaptability of container weighing system for container handling forklift trucks.

The ports vertical is expected to hold the largest market size during the forecast period as ports accounted for the highest container traffic in 2016 and the trend is expected to continue with the increasingly stringent regulations for enhancing the maritime safety. The increasing maritime safety with the implementation of SOLAS regulations requires the use of container weighing system to measure the verified gross mass of the container.

Companies Mentioned

  • Atlas Weighing Pty Ltd.
  • Avery Weigh-Tronix LLC
  • Bison Group Ltd.
  • Bromma
  • Conductix Wampfler GmbH
  • Fairbanks Scales, Inc.
  • Flintec Group AB.
  • Futek Advanced Sensor Technology, Inc.
  • Hottinger Baldwin Messtechnik GmbH.
  • Kistler-Morse
  • LCM Systems Ltd.
  • Mettler-Toledo International Inc.
  • Rice Lake Weighing Systems, Inc.
  • Sherborne Sensors Ltd.
  • Strainstall UK Ltd.
  • Tamtron OY
  • Weightron Bilanciai Ltd.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Container Weighing System Market, By Offering

8 Container Weighing System Market, By Medium

9 Container Weighing System Market, By Vertical

10 Geographical Analysis

11 Competitive Landscape

12 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/hgsh4x/container

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Material Handling Equipment

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Material Handling Equipment