Cell – Global Market Outlook (2017-2026)” report has been added
to ResearchAndMarkets.com’s offering.
The Global Load Cell Market is accounted for $5.14 billion in 2017 and
is expected to reach $8.14 billion by 2026 growing at a CAGR of 5.2%
during the forecast period.
Factors such as growing need for load cells from healthcare sector, load
cells used for testing applications across the aviation and the
aerospace industries are some of the key factors fuelling the market
growth. However, stagnant economic conditions are the major factors
hampering the growth of the market.
Load cell is a type of transducer which performs the functionality of
converting force into an electric output which can be measured. You can
find load cell at the heart of any weighing machine or electric scales.
This type of transducer is highly accurate which provides user with
required information that is difficult to obtain by other technology
owing to certain commercial factors.
By technology, digital load cells segment is poised to witness
significant growth due to the increasing demand for precision weighing,
especially in heavy lifting applications. By geography, Europe has
accounted the largest market share owing to the prolonged utilization of
these cells in the automotive, oil and gas, and mass material handling
Key Topics Covered:
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Load Cell Market, By Technology
6 Global Load Cell Market, By Load Cell Form
7 Global Load Cell Market, By Type
8 Global Load Cell Market, By End User
9 Global Load Cell Market, By Geography
10 Key Developments
11 Company Profiling
For more information about this report visit https://www.researchandmarkets.com/research/s27g7c/global_load_cell?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180618005552/en/