Load Monitoring System Market
Load Monitoring System Market Size, Share & Trends Analysis Report by Offering (Load Cell, Indicator & Controller, Data Logging Software, and Others), by Technology (Analog and Digital), and by Application (Automotive, Marine, Construction, Healthcare, and Others) and Forecast, 2019-2025 Update Available - Forecast 2024-2030
Global load monitoring system market is expected to register considerable growth during the forecast period, owing to the demand for precision-engineered technologies. Load monitoring system offers measurement of weights of various products and warns the workers in case of overweight. Load monitoring systems are equipped in aircraft for structural and fatigue testing along with the operational load monitoring of the aircraft during flight test and services. The major factors fueling the market growth include the increasing demand for digital load cells and the rising demand for customized load monitoring system. The increasing traction of load monitoring system in pharmaceutical industry to monitor and control R&D, scale-up production activities in tablet presses, mixers and roller compactors. Moreover, increasing demand for precision machine along with the heat-treated load cells to monitor compression forces precisely has is further propelling the demand for load monitoring system in pharmaceutical industry.
Segmental Outlook
The load monitoring system market is segmented on the basis of offering, technology, and application. Based on the offering, the market is segmented into load cell, indicator & controller, data logging software, and others. Based on technology, the market is bifurcated into analog and digital. Based on application, the market is segmented into automotive, marine, construction, healthcare, and others.
Global Load Monitoring System Market Share by Offering, 2018 (%)
Load cell segment is estimated to have significant market share in the load monitoring system market
A load cell is a transducer that is used to convert applied force into measurable electrical output. Load cell segment contributes a significant share in the load monitoring market, owing to the rising demand for industrial weighing equipment. The technological advancement in wireless technology has led to the innovation of wireless load cells which can be used in extreme environmental conditions with higher precision as compared to conventional force measurement sensors. For instance, in September 2017, FUTEK Advanced Sensor Technology, Inc. has launched miniature S-beam load cell which is integrated with IEEE 1451.4 TEDS chip along with temperature sensor, which warns against the temperature change in applications to be monitored. Increasing preference for hydraulic load cells in remote areas where power supply is not required is further expected to drive the adoption rate of load cells in the near future.
The automotive segment is projected to have significant growth in the load monitoring system market
The automotive segment is expected to register significant growth in the load monitoring system market during the forecast period. The wide applications of load monitoring system in automobile, which includes in the development of vehicle, during inspection in progress, and at manufacturing process, are some major factors propelling the segmental growth in the market. With the advancement of technology, the integration of wireless load cells to the automobile allows elimination of connecting cables, owing to which, the automobile makers are expressively deploying load monitoring system in their product development infrastructure. Moreover, the load monitoring system offers several other applications in automotive sector, such as shock force measurement, suspension force measurement, spring load monitoring, as well as brake sensing and force measurement. This further includes its usage during testing suspension, where load is being measured by load cells to gather information for simulations to help design the suspension and chassis. Furthermore, the increasing demand for 3D load cells for measuring the vector force reacted by the vehicle body which is important for designing vehicle body and mounts is further escalating the market growth in automotive sector.
Regional Outlook
The global load monitoring system market is further classified on the basis of geography, including North America, Europe, Asia-Pacific, and Rest of the World. Among these regions, Europe contributes a significant share in the global load monitoring system market. This is owing to the presence of major automotive as well as aircraft industries in the region. Moreover, the increasing construction activities in the region tend to drive the market share of load monitoring system in Europe.
Global Load Monitoring System Market Growth, by Region 2019-2025
Market Players Outlook
The major players contributing to the growth of the global load monitoring system market include Vishay Precision Group, Inc., Load Monitoring Systems, Straightpoint (UK) Ltd., PRECIA SA, and Spectris PLC. These market players are contributing to the market by adopting various market approaches including product launch and approvals, merger and acquisition, partnerships collaborations, and others for gaining a strong position in the market.
Recent Developments
- In February 2018, Straightpoint has launched a Bluetooth app for various load cells to measure the weight and transfer the data to the manufacturer.
- In April 2017, Flintec has launched the touchscreen FT-30M On-Board Vehicle Weight Indicator which consists of purpose-built load sensors and accessories. The weight indicator is capable of indicating weights in pounds and in kilograms and can be used to record and print container receipts. Moreover, the data captured can be viewed and downloaded using USB.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global load monitoring system market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Vishay Precision Group, Inc.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Load Monitoring Systems
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Straightpoint (UK) Ltd.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. PRECIA SA
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Spectris PLC
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Load Monitoring System Market by Offering
5.1.1. Load Cell
5.1.2. Indicator & Controller
5.1.3. Data Logging Software
5.1.4. Others (Load Pin and Load Shackles)
5.2. Global Load Monitoring System Market by Technology
5.2.1. Analog
5.2.2. Digital
5.3. Global Load Monitoring System Market by Application
5.3.1. Automotive
5.3.2. Marine
5.3.3. Construction
5.3.4. Healthcare
5.3.5. Others (Aerospace)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Broadweigh, a company of Mantracourt Electronics Ltd.
7.2. Dynamic Load Monitoring (UK) Ltd.
7.3. Eilersen Electric Digital Systems A/S
7.4. Euroload Inc.
7.5. Flintec Group AB
7.6. FUTEK Advanced Sensor Technology, Inc.
7.7. Honeywell International Inc.
7.8. James Fisher and Sons PLC
7.9. JCM Load Monitoring Ltd.
7.10. Keli Electric Manufacturing (Ningbo) Co., Ltd.
7.11. LCM Systems Ltd.
7.12. Load Monitoring Systems
7.13. Mettler-Toledo Rainin, LLC
7.14. MinebeaMitsumi, Inc.
7.15. PCE Holding GmbH
7.16. PRECIA SA
7.17. Rice Lake Weighing Systems , Inc.
7.18. Spectris PLC
7.19. Straightpoint (UK) Ltd.
7.20. Vishay Precision Group, Inc.
7.21. Wirop Industrial Co. Ltd.
1. GLOBAL LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY OFFERING, 2018-2025 ($ MILLION)
2. GLOBAL LOAD CELL MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL INDICATOR & CONTROLLER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL DATA LOGGING SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
7. GLOBAL ANALOG MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL DIGITAL MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
10. GLOBAL AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL MARINE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
15. GLOBAL LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
16. NORTH AMERICAN LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
17. NORTH AMERICAN LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY OFFERING, 2018-2025 ($ MILLION)
18. NORTH AMERICAN LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
19. NORTH AMERICAN LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
20. EUROPEAN LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
21. EUROPEAN LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY OFFERING, 2018-2025 ($ MILLION)
22. EUROPEAN LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
23. EUROPEAN LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
24. ASIA-PACIFIC LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
25. ASIA-PACIFIC LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY OFFERING, 2018-2025 ($ MILLION)
26. ASIA-PACIFIC LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
27. ASIA-PACIFIC LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
28. REST OF THE WORLD LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY OFFERING, 2018-2025 ($ MILLION)
29. REST OF THE WORLD LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2018-2025 ($ MILLION)
30. REST OF THE WORLD LOAD MONITORING SYSTEM MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
1. GLOBAL LOAD MONITORING SYSTEM MARKET SHARE BY OFFERING, 2018 VS 2025 (%)
2. GLOBAL LOAD MONITORING SYSTEM MARKET SHARE BY TECHNOLOGY, 2018 VS 2025 (%)
3. GLOBAL LOAD MONITORING SYSTEM MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
4. GLOBAL LOAD MONITORING SYSTEM MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
7. UK LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
12. REST OF EUROPE LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD LOAD MONITORING SYSTEM MARKET SIZE, 2018-2025 ($ MILLION)
