The global belt scales market size is expected to reach USD 1.4 billion by 2032, according to a new study by Polaris Market Research. The report "Belt Scales Market Share, Size, Trends, Industry Analysis Report, By Idler Type (Single Idler and Multi Idler); By Weighing Capacity; By End-Use; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth
The significant increase in the proliferation for the replacement of conventional weighing mechanisms with new and advanced conveyor belt scales and rising advancements in technology, such as the development of precise sensors and data analytics capabilities, are driving market growth. In addition, the rising investments by both government and private organizations towards R&D activities that are mainly focused on developing solutions with integration to automation systems and IoT technologies allow for real-time data collection, monitoring, and control, further escalating the market growth.
For instance, in April 2023, Omtech Food Engineering created a new belt system in four different categories. The newly developed conveyor belt systems come with numerous features, including application-based designs and customized belt selections, and also help reduce time and improve productivity.
As environmental regulations and standards are becoming stricter, there is an emerging opportunity for belt scales due to their ability to play a very crucial role in environmental monitoring and reporting and helping industries comply with emissions and waste management standards set by government agencies worldwide.
With the exponential growth of infrastructure projects, including transportation, utilities, and urban development worldwide, and surging focus towards the utilization of innovated belt scale solutions to improve the efficiency of these projects while reducing environmental impact and overall operation costs, the demand and proliferation for belt scales are likely to foster drastically in the coming years.
For instance, according to a recent report published by the World Bank, infrastructure investments in low and middle-income countries continued to grow, with total private participation in infrastructure reaching USD 97.1 billion, with an increase of 23% from 2021, and the number of infrastructure projects is also recovering at a good pace.
Belt Scales Market Report Highlights
The single idler segment accounted for notable market share on account of its significant use in a wide range of industries to ensure the amount of material and resources used.
The moderate segment held the majority market share, which was largely accelerated by its widespread adoption from industries such as construction, mining, and manufacturing.
The mining segment will be growing at the fastest pace, mainly due to its continuous expansion worldwide and adoption of innovative and advanced belt-scale solutions.
North America dominated the global market with a significant share, owing to the presence of some of the leading market companies and the quick adoption of innovative solutions.
The key market players include Rice Lake Weighing System, Thayer Scale-Hyer Industries, Yamato Scale, Vidmar Group, Saimo Technology, and Siemens AG.
Polaris Market Research has segmented the belt scales market report based on idler type, weighing capacity, end-use, and region:
Belt Scales, Idler Type Outlook (Revenue - USD Billion, 2023 - 2032)
Belt Scales, Weighing Capacity Outlook (Revenue - USD Billion, 2023 - 2032)
Belt Scales, End-Use Outlook (Revenue - USD Billion, 2023 - 2032)
- Mining
- Food & Beverages
- Cement
- Steel
- Logistics
- Energy & Power
- Others
Belt Scales, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Belt Scales Market Insights
- 4.1. Belt Scales Market - End-Use Snapshot
- 4.2. Belt Scales Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing food demand across the globe and rising automation trend in industries spurring the market growth
- 4.2.1.2. Advanced or innovative sensor technologies such as laser scanning propels the market demand
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High investment and maintenance
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Belt Scales Market End-Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Belt Scales Market, by Idler Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 5.3. Single Idler
- 5.3.1. Global Belt Scales Market, by Single Idler, by Region, 2019-2032 (USD Billion)
- 5.4. Multi Idler
- 5.4.1. Global Belt Scales Market, by Multi Idler, by Region, 2019-2032 (USD Billion)
6. Global Belt Scales Market, by Weighing Capacity
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 6.3. Light
- 6.3.1. Global Belt Scales Market, by Light, by Region, 2019-2032 (USD Billion)
- 6.4. Moderate
- 6.4.1. Global Belt Scales Market, by Moderate, by Region, 2019-2032 (USD Billion)
- 6.5. Heavy
- 6.5.1. Global Belt Scales Market, by Heavy, by Region, 2019-2032 (USD Billion)
7. Global Belt Scales Market, by End-Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 7.3. Mining
- 7.3.1. Global Belt Scales Market, by Mining, By Region, 2019-2032 (USD Billion)
- 7.4. Food & Beverages
- 7.4.1. Global Belt Scales Market, by Food & Beverages, By Region, 2019-2032 (USD Billion)
- 7.5. Cement
- 7.5.1. Global Belt Scales Market, by Cement, By Region, 2019-2032 (USD Billion)
- 7.6. Steel
- 7.6.1. Global Belt Scales Market, by Steel, By Region, 2019-2032 (USD Billion)
- 7.7. Logistics
- 7.7.1. Global Belt Scales Market, by Logistics, By Region, 2019-2032 (USD Billion)
- 7.8. Energy & Power
- 7.8.1. Global Belt Scales Market, by Energy & Power, By Region, 2019-2032 (USD Billion)
- 7.9. Others
- 7.9.1. Global Belt Scales Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Belt Scales Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Belt Scales Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Belt Scales Market - North America
- 8.3.1. North America: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.3. North America: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.3.4. Belt Scales Market - U.S.
- 8.3.4.1. U.S.: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.3.5. Belt Scales Market - Canada
- 8.3.5.1. Canada: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.4. Belt Scales Market - Europe
- 8.4.1. Europe: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.3. Europe: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.4.4. Belt Scales Market - UK
- 8.4.4.1. UK: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.4.5. Belt Scales Market - France
- 8.4.5.1. France: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.5.3. France: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.4.6. Belt Scales Market - Germany
- 8.4.6.1. Germany: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.4.7. Belt Scales Market - Italy
- 8.4.7.1. Italy: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.4.8. Belt Scales Market - Spain
- 8.4.8.1. Spain: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.4.9. Belt Scales Market - Netherlands
- 8.4.9.1. Netherlands: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.4.10. Belt Scales Market - Russia
- 8.4.10.1. Russia: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.5. Belt Scales Market - Asia Pacific
- 8.5.1. Asia Pacific: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.5.4. Belt Scales Market - China
- 8.5.4.1. China: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.4.3. China: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.5.5. Belt Scales Market - India
- 8.5.5.1. India: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.5.3. India: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.5.6. Belt Scales Market - Malaysia
- 8.5.6.1. Malaysia: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.5.7. Belt Scales Market - Japan
- 8.5.7.1. Japan: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.5.8. Belt Scales Market - Indonesia
- 8.5.8.1. Indonesia: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.5.9. Belt Scales Market - South Korea
- 8.5.9.1. South Korea: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.6. Belt Scales Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.6.4. Belt Scales Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.6.5. Belt Scales Market - UAE
- 8.6.5.1. UAE: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.6.6. Belt Scales Market - Israel
- 8.6.6.1. Israel: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.6.7. Belt Scales Market - South Africa
- 8.6.7.1. South Africa: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.7. Belt Scales Market - Latin America
- 8.7.1. Latin America: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.7.4. Belt Scales Market - Mexico
- 8.7.4.1. Mexico: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.7.5. Belt Scales Market - Brazil
- 8.7.5.1. Brazil: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
- 8.7.6. Belt Scales Market - Argentina
- 8.7.6.1. Argentina: Belt Scales Market, by Idler Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Belt Scales Market, by End-Use, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Belt Scales Market, by Weighing Capacity, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Belt-Way Scales Inc.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Control Systems Technology
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Conveyweigh LLC
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. FLSmidth & Co. A/S
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. MERRICK Industries Inc.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Precia SA
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Rice Lake Weighing System
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Saimo Technology Pty. Ltd.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Schenck Process Holdings GmbH
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Siemens AG
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Tecnetics Industries Inc.
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Thayer Scale-Hyer Industries Inc.
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Vidmar Group
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Yamato Scale
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development