Dublin, May 24, 2021 (GLOBE NEWSWIRE) -- The "Multihead Weighers Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029" report has been added to ResearchAndMarkets.com's offering.
Globally, the multihead weighers market is expected to grow with a CAGR of 3.3% during the forecast period from 2021 to 2029, expected to reach US$ 286.6 Mn in 2029.
The growth of the market is driven by the increasing demand for accuracy and efficiency for weighing. Organizations are leveraging on the multihead weighers for automatically and precisely to weigh wide array of products used across multiple industry verticals. The technological advancement in the weighing equipments is further accelerating the adoption of the multihead weighers.
The market players are constantly working on enhancing the product features and quality. The companies are focusing on enhancing the accuracy and response time to weigh delicate and fragile products in the food and beverages industry including biscuits, and wafers. This is further accelerating the growth of the market. Furthermore, the growing demand for the multihead weighers to meet the specific production output to reduce the overall product giveaway is also augmenting the growth of the market.
Food & Beverages Is Dominating the Multihead Weighers Market
The food & beverages industry led the multihead weighers market with over 50% share in the revenue in 2020. The growth of the market is driven by the wide scale adoption of the multihead weighers across the industry for the accurately weighing the food quantity and reduce the excess product giveaway. Moreover, the growing demand for the packaged food across the globe is driving the demand for the multihead weighers across the industry. Additionally, the changing consumer preferences and lifestyle is also serving as a major force that is propelling the market growth.
North America Is Leading the Multihead Weighers Market
North America accounted for over 34% share in the multihead weighers market due to the growing food & beverage industry in the region. The growing demand for the processed meat and instant food across the region is encouraging the adoption of the multihead weighers across the food & beverage industry to reduce the product giveaway. Furthermore, the growing automation across the food & beverages industry is driving the market growth.
The prominent players in the multihead weighers market are Aja Ltd., Comek S.R.L., Dm Packaging Group S.R.L, ExaktaPack Espana S.L., IMA Group, Ishida Co. Ltd., Laurijsen Weegautomaten Dongen B.V., Marel Food Systems, MULTIPOND Wagetechnik GMBH, Multiweigh GMBH, Ohlson Packaging Inc., PFM Group, RADPAK, RMGroup, Scanvaegt Systems A/S, and Yamato Scale GmbH.
Historical & Forecast Period
This research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2021 to 2029.
Key questions answered in this report
What was the market size of multihead weighers in 2020 and forecast up to 2029?
Which is the largest regional market for multihead weighers?
What are the major trends followed in multihead weighers market across different regions?
Who are the key companies in the multihead weighers market?
What are the key strategies adopted by the leading multihead weighers companies in market?
Unique data points of this report
Statistics on multihead weighers and spending worldwide
Recent trends across different regions in terms of adoption of multihead weighers across industries
Notable developments going on in the industry
Attractive investment proposition for segments as well as geography
Comparative scenario for all the segments for years 2020 (actual) and 2029 (forecast)
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2020
3.4 Market Positioning of Key MW Vendors, 2020
Chapter 4 Global Multihead Weighers (MW) Market, by Type
4.1.1 Global MW Market Value Share, by Type, 2020 & 2029 (Value, %)
4.2 Rotary Multi-Head Weighing Machine
4.2.1 Global MW Market Value from Rotary Multi-Head Weighing Machine, 2019 - 2029(US$ Mn)
4.3 Linear Multi-Head Weighing Machine
4.3.1 Global MW Market Value from Linear Multi-Head Weighing Machine, 2019 - 2029(US$ Mn)
Chapter 5 Global Multihead Weighers (MW) Market, by Application
5.1.1 Global MW Market Value Share, by Application, 2020 & 2029 (Value, %)
5.2.1 Global MW Market Value from Food, 2019 - 2029(US$ Mn)
5.3.1 Global MW Market Value from Chemical, 2019 - 2029(US$ Mn)
5.4.1 Global MW Market Value from Pharmaceuticals, 2019 - 2029(US$ Mn)
5.5.1 Global MW Market Value from Others, 2019 - 2029(US$ Mn)
Chapter 6 North America Multihead Weighers (MW) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 7 Europe Multihead Weighers (MW) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 8 Asia Pacific Multihead Weighers (MW) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 9 Rest of the World (RoW) Multihead Weighers (MW) Market Analysis, 2019 - 2029 (US$ Mn)
Chapter 10 Company Profiles
10.1 Aja Ltd
10.2 Comek S.R.L.
10.3 DM Packaging Group S.R.L.
10.4 ExaktaPack Espana S.L.
10.5 IMA Group
10.6 Ishida Co. Ltd.
10.7 Laurijsen Weegautomaten Dongen B.V.
10.8 Marel Food Systems
10.9 Multipond Wagetechnik GMBH
10.10 Multiweigh GMBH
10.11 Ohlson Packaging Inc.
10.12 PFM Group
10.15 Scanvaegt Systems A/S
10.16 Yamato Scale GMBH
For more information about this report visit https://www.researchandmarkets.com/r/bsljiv
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