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Truck Scales Market Size, Share, and Industry Report [2031]

Global Truck Scales Market

Name: Growth Market Reports
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Segments - 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

AL-5318
4.1 Rating
186 Pages

19-04-2023
75 Reviews

Author :

Akash Vedpathak

Fact-checked by :

Amulya Agarwal

Editor :

Shreyas Tandon

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.

Table Of Content

Chapter 1 Executive Summary
Chapter 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

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