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Compression Load Cells Market

Compression Load Cells - Global Market Outlook (2017-2026)

4.2 (52 reviews)
Published: July 2019 ID: SMRC18416
4.2 (52 reviews)
Published: July 2019 ID: SMRC18416

This report covers the impact of COVID-19 on this global market

 

According to Stratistics MRC, the Global Compression Load Cells Market is accounted for $132.75 million in 2017 and is expected to reach $230.05 million by 2026 growing at a CAGR of 6.3% during the forecast period. Some of the key factors boosting the market are raising investment in industrial automation technologies and increasing usage of compression load cells in automotive assembly lines. However, high cost of raw materials and rising regulatory obligations for high quality industry rated material hampering the market growth of compression load cells market.

Compression Load Cells are used for measuring straight line pushing force, which is negative, along a single axis. They are highly accurate, long lasting, and usually built out of stainless steel and are therefore very strong and can handle harsh environments.

Based on Product, Digital Compression Load Cells is expected to grow at a significant rate during the forecast period. The CDL Digital compression load cell uses the measurement principle by distortion of beams submitted to a compression strain. It uses strain gauges mounted in Wheatstone bridges for the conversion of strength into an electrical signal. 

By Geography, Europe is likely to have a huge demand due to the increasing demand for industrial weighting equipment’s in this region and manufacturing firms are migrating towards more automated systems.

Some of the key players in Global Compression Load Cells market are Flintec, FUTEK Advanced Sensor Technology, Inc., Interface Inc, Keli Electric Manufacturing (Ningbo) Co., Ltd, Kubota, Mettler Toledo, MinebeaMitsumi Inc., Novatech Measurements Limited, PRECIA MOLEN, Rice Lake Weighing Systems, Siemens, Spectris, Vishay Precision Group, Yamato Scale Co., Ltd. and ZEMIC. 

Products Covered:
• Analogue Compression Load Cells 
• Digital Compression Load Cells 

Applications Covered:
• Transportation 
• Retail 
• Medical 
• Industrial 
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
o - Market share assessments for the regional and country level segments
o - Strategic recommendations for the new entrants
o - Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
o - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
o - Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
o - Strategic recommendations in key business segments based on the market estimations
o - Competitive landscaping mapping the key common trends
o - Company profiling with detailed strategies, financials, and recent developments
o - Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
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o Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o  SWOT Analysis of key players (up to 3)
o  Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
o Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.

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