Belt Weigher Market Size, Share, Growth, and Industry Analysis, By Type (Single-Idle, Two-Idler, Three-Idler, Four-Idler, Multi-Idler and Others), By Application (Coal Industry, Power Station, Steel Plants, Cement Plants, Port, Chemical and Others) and Regional Forecast to 2031

Updated On: 29 April 2024

BELT WEIGHER MARKET REPORT OVERVIEW

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The global belt weigher market size was USD 211.85 million in 2021 and the market is projected to touch USD 297.07 million by 2031, exhibiting a CAGR of 3.44% during the forecast period.

A belt weigher is an industrial instrument used to measure the flow rate or total quantity of bulk material being conveyed on a conveyor belt. It is also referred to as a conveyor belt scale or belt weigher. These tools are frequently employed in a variety of sectors, including mining, construction, agriculture, and power plants, where precise material flow monitoring is crucial to inventory control and process control. In order to accommodate a variety of applications and material kinds, belt weighers are available in a variety of forms and combinations. Bulk materials of all kinds, such as coal, minerals, grains, and other granular or powdered materials, can be measured by them. In industrial processes, belt weighers are essential for precise material handling, inventory control, and quality assurance.

COVID-19 Impact: Pandemic Situation Resulted in Reduced Capital Expenditure to Cease the Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The market for belt weighers has been significantly impacted by the COVID-19 outbreak, as have other sectors. The belt weigher market growth has experienced several causes that have altered its extent and nature. These include disruptions in the supply chain, modifications in demand patterns, and economic concerns. Many sectors limit their capital expenditures in order to save money, especially those that are immediately affected by lockdowns and decreased economic activity. This resulted in a drop in demand as projects involving the installation of new belt weighers or the replacement of old ones were cancelled or postponed.

LATEST TRENDS

"Advent of Pandemic Urged the Rise of Automation and Remote Monitoring Feature Ensured an Increased Market Growth"

The adoption of remote monitoring and automation technology has been accelerated by the need to minimise physical interaction and maintain social separation. In response to the shifting demands of various sectors during the pandemic, a few belt weigher manufacturers adjusted by providing solutions that enable remote monitoring and control. Weighing systems are more accurate and precise thanks to ongoing developments in sensor technology and calibration methods. As industry expectations for precise measurements increase, manufacturers will probably concentrate on creating belt weighers with the highest level of accuracy possible. In many different industries, automation is still a major trend. Belt weighers may experience more automation in the material handling and conveyor systems as well as in the weighing operation itself. Automated systems have the potential to increase productivity and decrease reliance on human intervention.

BELT WEIGHER MARKET SEGMENTATION

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• By Type

Based on type the global market can be categorized into single-idler, two-idler, three-idler, four-idler, multi-idler and others.

Usually, the number of idler rollers or weigh idlers used to classify belt weighers. The rollers beneath the conveyor belt that support it and house the weighing sensors are called idler rollers. The particular requirements of the application, such as the kind of material being weighed, the conveyor speed, the flow rate, and the required degree of precision, determine how many idler rollers to use. To satisfy the varied demands of different sectors, each configuration offers varying degrees of accuracy and stability.

• By Application

Based on application the global market can be categorized into coal industry, power station, steel plants, cement plants, port, chemical and others.

Belt weighers are adaptable tools used in many different industries to precisely measure and regulate bulk goods on conveyor belts. They are widely used in the mining sector to calculate the amount of minerals and ores that have been mined. In power plants, weighers are used to measure fuels, like coal, as they are transported to boilers. Maintaining inventory levels and producing energy efficiently depend on accurate fuel quantity measurement. Weighers are used in ports and logistics centres for the purpose of measuring bulk commodities during loading and unloading processes, such as coal, grains, and ore. In cement plants, they are also used to measure and regulate the flow of raw materials like as additives, clay, and limestone. Weighers are used in the production processes of chemicals and pharmaceuticals, where accurate measurements of raw materials are necessary to ensure uniformity and quality in the final product.

DRIVING FACTORS

"Improved Process Efficiency and Optimization to Ablaze the Market Sales"

Belt weighers give precise measurements of the goods being conveyed, which helps enterprises optimize their production processes. By controlling material flow, enterprises can ensure effective utilization and reduce waste thanks to this data. The need for automated devices, such as belt weighers, is driven by the trend towards automation in many industries. Because automated weighing systems provide constant, precise measurements and minimize the need for manual intervention, they increase total efficiency.

"Diversified Applications to Accelerate the Market Growth"

Numerous industries, such as mining, agriculture, construction, power generating, and food processing, use belt weighers. Belt weighers are in high demand across a wide range of industries due to their adaptability, which makes them indispensable instruments in many fields. Because they can precisely measure the amount of commodities in stock, belt weighers are essential to inventory management. Industries can avoid stockouts, maintain ideal inventory levels, and efficiently manage their production or procurement activities with the use of this data.

RESTRAINING FACTORS

"Environmental Factors and the Electrical Interference to Impede the Market Growth"

Environmental factors that can impact belt weighers' performance include temperature, humidity, and dust. Over time, dust buildup on sensors or load cells may affect accuracy. The accuracy of electronic components in belt weigher systems can be impacted by electromagnetic fields or electrical interference from adjacent equipment. However, the environmental factors and electrical interference to retard the market growth.

BELT WEIGHER MARKET REGIONAL INSIGHTS

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"Asia Pacific to Dominate the Market due to Industrial Activities and Economic Development"

Asia Pacific held the largest belt weigher market share of more than quarter in the projected timeframe in terms of value. Belt weighers are in high demand worldwide, particularly in sectors of the economy where precise bulk material measurement and control are essential. Depending on market demands, economic development, and industrial activity, an area may become the leading location for belt weighers. The industrial, construction, and mining sectors are flourishing in nations like China, India, Australia, and Indonesia. The region's quick industrialization and infrastructure growth are factors in the increasing need for belt weighers.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Market Expansion"

Important industry players have a big impact on the market and are crucial in determining customer preferences and market dynamics. These major firms provide consumers easy access to a vast array of clothing alternatives through their huge retail networks and online platforms. Product adoption has increased as a result of their strong worldwide presence and well-known brand, which has also enhanced consumer trust and loyalty. These industry titans also consistently fund R&D, bringing cutting-edge designs, materials, and clever features to belt weigher to meet changing customer demands and preferences. These big businesses' combined efforts have a big impact on the market's future direction and level of competition.

List of Market Players Profiled

• Tecweigh (U.S.)
• Changsha Fengye (China)
• Henan Fengbo (China)
• Thayer Scale (China)
• Yamato (Japan)
• Merrick (U.S.)
• FLSmidth (China)
• Nanjing Sanai (China)
• Shandong Jinzhong (China)
• Schenck (India).

INDUSTRIAL DEVELOPMENT

January 2023: FLSmidth declared that it would split its business into two independent companies as part of a "pure play strategy." The mining and cement sectors run separately, each with an own organisational structure and business plan.

REPORT COVERAGE

The report includes a thorough SWOT analysis and offers predictions for market growth in the future. It explores a broad range of market categories and possible applications that might have an impact on the market's trajectory in the upcoming years, as well as key aspects that contribute to the market's growth. The research provides a comprehensive overview of the market's components and identifies possible growth opportunities by taking into account both historical turning points and present trends.