Automatic Checkweigher Market Projected to reach $289 million by 2024
According to the new market research report “Automatic
Checkweigher Market by Type (Standalone Systems, Combination Systems),
Technology (Strain Gauge, EMFR), Industry (Food & Beverages,
Pharmaceuticals, Consumer Products, Cosmetics, & Personal Care), and Region
- Global Forecast to 2024”, the automatic checkweigher market is expected
to grow from USD 238 million in 2019 to USD 289 million, at a CAGR of 4.0%.
Factors that augment the growth of the automatic check market include growing
awareness among manufacturers about deployment benefits of automatic
checkweighers and tightening regulatory norms pertaining to the packaging of
goods.
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“Market for EMFR technology-based automatic checkweighers
to grow at higher CAGR during forecast period“
EMFR load cells provide very fast and highly accurate
results than those of strain gauge load cells. The EMFR load cell permits
production to start instantly after cleaning, without any adverse impact on
accuracy. With EMFR load cell technology, manufacturers can detect and learn
noise patterns, and this technology makes the desired adjustments to maintain
the utmost possible accuracy, without any operator’s involvement. Although EMFR
technology-based checkweighers are more costly than those based on strain gauge
technology, EMFR technology-based checkweighers have the potential to save much
more in the long run by reducing product giveaway and rework costs.
“Pharmaceuticals industry is expected to exhibit highest
growth rate from 2019 to 2024”
The growing pharmaceuticals industry across the world
requires automatic checkweighers to a great extent. The automatic checkweigher
market for the pharmaceuticals industry is expected to grow at the highest
growth rate during the forecast period owing to the increasing demand for
highly accurate weighing results; better compliance; and higher safety,
reliability, and performance in the pharmaceuticals industry. Further,
automatic checkweighers also improve production processes and equipment
efficiency, as well as offer real-time data, coupled with product completeness.
“APAC expected to be fastest-growing region in automatic
checkweigher market from 2019 to 2024”
The market in Asia Pacific is expected to grow at the
highest CAGR during the forecast period. The demand for automatic checkweighers
is anticipated to increase in the APAC region owing to the growing packaging
industry due to the rising demand for packaged food. Moreover, stringent
regulations pertaining to weighing and measuring tools, regulatory mandates in
the healthcare industry to maintain compliance with good manufacturing
practices (GMP), and inclination of manufacturing industries toward process
automation are the other major factors driving the growth of the automatic
checkweigher market in APAC.
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Major players in the automatic checkweigher market are
METTLER TOLEDO (Switzerland), Ishida Co., Ltd. (Japan), and Anritsu Corporation
(Japan). Other key players in this market include A&D Company, Limited
(Japan), Bizerba (Germany), Yamato Scale (Japan), WIPOTEC-OCS (Germany), Thermo
Fisher Scientific Inc. (US), Bosch Packaging Technology (Germany), and Minebea
Intec (Germany).
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