Expansion of Global Weighing Machine Industry is Forecast to Reach 3.3% P.A.

Date: 2015-08-12

“The expansion of the global weighing machine industry is forecast to reach 3.3% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 6.7%. Currently, personal weighing machines and household scales account for 26.0% of the global demand while the remaining market share is divided between scales for continuous weighing of goods on conveyors (3.8%), constant weight scales (12.0%), other weighing machines (capacity less than 30 kg) (17.9%), other weighing machines (capacity 30 – 5000 kg) (14.2%), other weighing machines (5.0%) and parts for weighing machines (21.1%).

China, Germany, Japan, the United Kingdom and the United States represent the largest weighing machine markets while the strongest annual growth is forecast to occur in Philippines (10.4%), Bolivia (9.9%), Ecuador (7.9%), the United States (6.5%) and Azerbaijan (6.1%).”

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