Truck Scales Market Size, Share, and Industry Report [2031]
Truck Scales Market Size, Share, and Industry Report [2031]
Segments - Global Truck Scales Market by Type (Electronic Truck Scale, Digital Truck Scale, and Mechanical Truck Scale), by Application (Agriculture, Transportation and Logistics, Mining, Construction, Manufacturing, and Others), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2023-2031
Upcoming
| Report ID :AL-5318
| 4.1 Rating
| 75 Reviews
| 186 Pages
| Format :
Report Description
Truck Scales Market Outlook
The Global Truck Scales Market was valued at USD 1,993.1 Million in 2022 and is projected to reach USD 3,135.4 Million by 2031, expanding at a CAGR of 5.4% during the forecast period. The rising trend of automation & integration in the transportation & logistics industry is positively contributing to the market growth. Truck scale, also known as a weighbridge, is a weighing platform or an industrial scale that weighs trucks of all sizes.
Truck scales are used to measure the weight of bulk materials that are bought and sold in huge quantities. In such cases, information from scale is an important part of the business transaction. A scale works like a cash register. Law enforcement agencies use truck scales to ensure that trucks meet road vehicle weight limits. Truck scales are also used to monitor intake and output volumes at various facilities, such as solid-waste processing and recycling centers, construction sites, and others.
Truck Scales Market Dynamics
Implementation of Government Regulations
Governments across the world have implemented regulations for weight limits on trucks for ensuring road safety and protect infrastructure. This has increased the demand for truck scales among various industries. Moreover, stringent regulations have been imposed by governments on truck weight.
Truck scales help the operator in weighing trucks and ensure that they remain within legal weight limits. Additionally, government restrictions and regulations related to vehicle weight and infrastructure damage have increased the need for accurate weighing systems.
Increasing Awareness Related to the Benefits of Truck Scales
Truck scales are important solutions used to measure the weight of trucks and their loads. These weighing solutions offer several benefits to the end-users. The primary benefit offered by truck scales for various businesses includes optimizing transportation processes by ensuring that trucks are not overloaded, reducing unnecessary trips, and avoiding excessive fuel consumption.
These scales help reduce operating costs by preventing fines and penalties associated with overloading. However, several benefits offered by truck scales include, increasing operational efficiency, reducing operating costs, and ensuring the safety of vehicles and drivers.
High Initial Investment and Maintenance Costs
Installation of truck scales entails high initial investments and maintenance costs, which in turn, impedes the market. Truck scale can last up to 20 years, their repair may not be an appropriate option for the operators, due to the time-consuming process and incurred additional costs on the operators.
Components such as load cells, cables, and indicators need occasional calibration, repair, or replacement. However, costs associated with purchasing, installation, and maintenance of these truck scales can be significant factors restricting the market during the forecast period.
Technological Advancements
The truck scale market has seen significant advancements in technology in recent years. This leads to the development of accurate and efficient truck scales, which are capable of measuring weights quickly and accurately. Technological advancements in the market include the introduction of a weighbridge system equipped with sophisticated load cells, digital displays, and data management software.
The integrated system that automates weighing processes and provides real-time data analysis creates opportunities in the market. Furthermore, manufacturers are developing innovative and technologically advanced truck scales to seize opportunities in the market.
Scope of Truck Scales Market Report
|
Attributes |
Details |
|
Report Title |
Truck Scales Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast |
|
Base Year |
2022 |
|
Historic Data |
2016–2021 |
|
Forecast Period |
2023–2031 |
|
Segmentation |
Type (Electronic Truck Scale, Digital Truck Scale, and Mechanical Truck Scale), Application (Agriculture, Transportation and Logistics, Mining, Construction, Manufacturing, and Others) |
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered |
Air-Weigh, Avery Weigh-Tronix, Cardinal / Detecto Scale, Fairbanks Scales, GIROPES SL, JFE Holdings, Inc., Kanawha Scales and Systems, LLC., METTLER TOLEDO, PRECIA MOLEN, Rice Lake Weighing Systems, Schenck Process Holding GmbH, Walz Scale -Scanner, Others |
Truck Scales Market Segmental Outlook
On the basis of type, the global truck scales market is segregated into electronic truck scale, digital truck scale, and mechanical truck scale. The electronic truck scale segment is projected to expand during the forecast period. The electric weigh scale system is designed for heavy-duty trucks and cargo.
It is commonly used in various industries, such as transportation & logistics, agriculture, and waste management, where accurate weight measurements are critical for operational and financial reasons. Growing demand for truck scales among operators is associated with increasing adoption in heavy-duty applications thus driving the market.
Based on application, the global truck scales market is fragmented into agriculture, transportation & logistics, mining, construction, manufacturing, and others.
The agriculture segment is anticipated to expand during the forecast period, owing to the increasing demand for agricultural products that contributes to the manufacturing of a huge variety of goods. The transportation & logistics segment is projected to expand during the forecast period, due to constant demand for goods deliveries across the globe.
Truck Scales Market Region Outlook
Asia Pacific is expected to grow in the near future, due to increasing adoption of truck scales in developed and developing economies such as Japan, South Korea, India, and China. These countries are using truck scales for enforcement purposes. Asia Pacific has the fastest economic growth rates in the world.
The market in the region is expanding at a rapid pace due to the growth of the global construction industry, especially in India and ASEAN countries, which is driving the market. Moreover, the expansion of the logistics & transportation industry is creating opportunities in the market.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Global Truck Scales Market
- Historical, Current and Projected Market Size in terms of Value.
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Truck Scales Market Performance
Segments
By Type
- Electronic Truck Scale
- Digital Truck Scale
- Mechanical Truck Scale
By Application
- Agriculture
- Transportation and Logistics
- Mining
- Construction
- Manufacturing
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
By Key Players
- Air-Weigh
- Avery Weigh-Tronix
- Cardinal / Detecto Scale
- Fairbanks Scales
- GIROPES SL
- JFE Holdings, Inc
- Kanawha Scales and Systems, LLC
- METTLER TOLEDO
- PRECIA MOLEN
- Rice Lake Weighing Systems
- Schenck Process Holding GmbH
- Walz Scale -Scanner
- Others
Competitive Landscape
- Top players in the market include Air-Weigh, Avery Weigh-Tronix, Cardinal / Detecto Scale, Fairbanks Scales, GIROPES SL, JFE Holdings, Inc., Kanawha Scales and Systems, LLC., METTLER TOLEDO, PRECIA MOLEN, Rice Lake Weighing Systems, Schenck Process Holding GmbH, Walz Scale -Scanner, and Others.
- The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunity for the global truck scales market.
Frequently Asked Questions
Additional company profiles can be provided on request For a discussion related to above findings, click Speak to Analyst.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
Implementation of government regulations, increasing awareness related to the benefits of truck scales, and rising demand for truck scales among numerous industries are the factors expected to drive the market growth during forecast period.
According to this Growth Market Reports report, the global truck scales market is likely to register a CAGR of 5.4% during the forecast period 2022-2031, with an anticipated valuation of USD 3,135.4 million by the end of 2031.
Agriculture, transportation and logistics, mining, construction, manufacturing, and others are the major end-users of the truck scales.
Factors such as technological advancement, international trade, and investments are analyzed in the final report.
The market is expected to be negative in 2019 and 2020 owing to the COVID 19 pandemic is impacted the global truck scales market.
In addition to market size (in USD Million), Company Market Share (in % for base year 2022), volume, and Value have been provided in the report.
The base year considered for the global truck scales market report is 2022. The complete analysis period is 2016 to 2031, wherein, 2016 to 2022 are the historic years, and the forecast is provided from 2023 to 2031.
Table Of Content
Chapter 1 Executive SummaryChapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Truck Scales Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Truck Scales Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Truck Scales Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Truck Scales Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Truck Scales Market Size & Forecast, 2016-2031
4.5.1 Truck Scales Market Size and Y-o-Y Growth
4.5.2 Truck Scales Market Absolute $ Opportunity
Chapter 5 Global Truck Scales Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Truck Scales Market Size Forecast By Type
5.2.1 Electronic Truck Scale
5.2.2 Digital Truck Scale
5.2.3 Mechanical Truck Scale
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Truck Scales Market Analysis and Forecast By Application
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Application
6.1.2 Basis Point Share (BPS) Analysis By Application
6.1.3 Absolute $ Opportunity Assessment By Application
6.2 Truck Scales Market Size Forecast By Application
6.2.1 Agriculture
6.2.2 Transportation and Logistics
6.2.3 Mining
6.2.4 Construction
6.2.5 Manufacturing
6.2.6 Others
6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Truck Scales Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Truck Scales Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Truck Scales Analysis and Forecast
9.1 Introduction
9.2 North America Truck Scales Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Truck Scales Market Size Forecast By Type
9.6.1 Electronic Truck Scale
9.6.2 Digital Truck Scale
9.6.3 Mechanical Truck Scale
9.7 Basis Point Share (BPS) Analysis By Type
9.8 Absolute $ Opportunity Assessment By Type
9.9 Market Attractiveness Analysis By Type
9.10 North America Truck Scales Market Size Forecast By Application
9.10.1 Agriculture
9.10.2 Transportation and Logistics
9.10.3 Mining
9.10.4 Construction
9.10.5 Manufacturing
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis By Application
9.12 Absolute $ Opportunity Assessment By Application
9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Truck Scales Analysis and Forecast
10.1 Introduction
10.2 Europe Truck Scales Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Truck Scales Market Size Forecast By Type
10.6.1 Electronic Truck Scale
10.6.2 Digital Truck Scale
10.6.3 Mechanical Truck Scale
10.7 Basis Point Share (BPS) Analysis By Type
10.8 Absolute $ Opportunity Assessment By Type
10.9 Market Attractiveness Analysis By Type
10.10 Europe Truck Scales Market Size Forecast By Application
10.10.1 Agriculture
10.10.2 Transportation and Logistics
10.10.3 Mining
10.10.4 Construction
10.10.5 Manufacturing
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis By Application
10.12 Absolute $ Opportunity Assessment By Application
10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Truck Scales Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Truck Scales Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Truck Scales Market Size Forecast By Type
11.6.1 Electronic Truck Scale
11.6.2 Digital Truck Scale
11.6.3 Mechanical Truck Scale
11.7 Basis Point Share (BPS) Analysis By Type
11.8 Absolute $ Opportunity Assessment By Type
11.9 Market Attractiveness Analysis By Type
11.10 Asia Pacific Truck Scales Market Size Forecast By Application
11.10.1 Agriculture
11.10.2 Transportation and Logistics
11.10.3 Mining
11.10.4 Construction
11.10.5 Manufacturing
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis By Application
11.12 Absolute $ Opportunity Assessment By Application
11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Truck Scales Analysis and Forecast
12.1 Introduction
12.2 Latin America Truck Scales Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Truck Scales Market Size Forecast By Type
12.6.1 Electronic Truck Scale
12.6.2 Digital Truck Scale
12.6.3 Mechanical Truck Scale
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 Latin America Truck Scales Market Size Forecast By Application
12.10.1 Agriculture
12.10.2 Transportation and Logistics
12.10.3 Mining
12.10.4 Construction
12.10.5 Manufacturing
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis By Application
12.12 Absolute $ Opportunity Assessment By Application
12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Truck Scales Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Truck Scales Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Truck Scales Market Size Forecast By Type
13.6.1 Electronic Truck Scale
13.6.2 Digital Truck Scale
13.6.3 Mechanical Truck Scale
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Middle East & Africa (MEA) Truck Scales Market Size Forecast By Application
13.10.1 Agriculture
13.10.2 Transportation and Logistics
13.10.3 Mining
13.10.4 Construction
13.10.5 Manufacturing
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis By Application
13.12 Absolute $ Opportunity Assessment By Application
13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
14.1 Truck Scales Market: Competitive Dashboard
14.2 Global Truck Scales Market: Market Share Analysis, 2022
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 METTLER TOLEDO
14.3.2 Avery Weigh-Tronix
14.3.3 Fairbanks Scales
14.3.4 Cardinal / Detecto Scale
14.3.5 Kanawha Scales and Systems, LLC.
14.3.6 Air-Weigh
14.3.7 Schenck Process Holding GmbH
14.3.8 JFE Holdings, Inc.
14.3.9 PRECIA MOLEN
14.3.10 Rice Lake Weighing Systems
14.3.11 Walz Scale -Scanner
14.3.12 GIROPES SL
Methodology
Related Reports
Some other reports from this category!
Our Clients
