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Global Industrial Weighing Equipment Strategic Analysis Report 2024-2030: Shift towards IIoT Drives Significance of Digital Weighing Technology

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DUBLIN, Feb. 19, 2024 /PRNewswire/ — The “Industrial Weighing Equipment – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

Global Industrial Weighing Equipment Market to Reach $3.6 Billion by 2030

The global market for Industrial Weighing Equipment estimated at US$2.5 Billion in the year 2022, is projected to reach a revised size of US$3.6 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030. Industrial Manufacturing, one of the segments analyzed in the report, is projected to record a 6.3% CAGR and reach US$1.1 Billion by the end of the analysis period. Growth in the Transportation & Logistics segment is estimated at 5.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $625.9 Million, While China is Forecast to Grow at 6.8% CAGR

The Industrial Weighing Equipment market in the U.S. is estimated at US$625.9 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$700.8 Million by the year 2030 trailing a CAGR of 6.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$575.1 Million by the year 2030.

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What`s New?

Special discussions on the global economic climate and market sentimentCoverage on global competitiveness and key competitor percentage market sharesMarket presence analysis across multiple geographies – Strong/Active/Niche/TrivialOnline interactive peer-to-peer collaborative bespoke updatesAccess to digital archives and research platformComplimentary updates for one yearAccess to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

Industrial Weighing Equipment: Crucial Role in Ensuring Precision, Control and Efficiency in Diverse IndustriesAn Introduction to Industrial Weighing EquipmentLoad Cells: Core Component of Weighing InstrumentsTypes of Industrial Weighing EquipmentFloor ScalesBench ScalesContinuous Weigh FeedersContinuous Weighing EquipmentCheck-Weighing ScalesPrecision BalancesTransportation ScalesElectronic Weigh ScalesFactors Impacting Performance of Industrial Weighing ScalesShift from Manual to Automated Solutions: A Prominent Trend in the MarketManufacturing Remains the Pivotal Segment of Industrial Weighing Equipment MarketDeveloping Economies Continue to Fuel Long-term GrowthCompetitionCompetitive Market Presence – Strong/Active/Niche for Players Worldwide in 2023 (E)Recent Market ActivityInfluencer/Product/Technology Insights

MARKET TRENDS & DRIVERS

Technological Trends Transform Industrial Weighing Equipment MarketAutomation, Digitization and Intelligent WeighingWireless Weighing to Gather SteamProgrammable Weighing Systems Find Favor in Industrial ApplicationsCloud-Based Industrial Weighing Machines to Gain Wider AdoptionIntegration of IoT and Smart ScalesAdvent of Sophisticated Weighing EquipmentWeighing Equipment Gets SmarterDynamic Scales with New FunctionsUpgraded Weighing Equipment for Terminals & PortsLoaders with Weighing TechnologyField-oriented ScalesPotential for Analytics and Big Data in WeighingBlockchain Technology’s Emerging Role in WeighingEnvironmentally Friendly and Sustainable ScalesAutomated and Digital Weighing Scales Adoption Rise amid the Automation Trend in IndustriesDigital Technology Proves Beneficial for Weighing Service ProvidersImportance of Automated Weighing Equipment in Streamlining TasksIndustry 4.0 Redefines Manufacturing, Driving Demand for Industry 4.0 Compliant Weighing SolutionsShift towards IIoT Drives Significance of Digital Weighing TechnologyPotential of IIoT for Industrial Weighing EquipmentArtificial Intelligence Transforms Weighing Equipment into Intelligent SystemsAI-Ready Weighbridge for Waste and Recycling ApplicationsWaste Reduction through Weighing Equipment Gives Thrust to Lean ManufacturingMobile Weighing Emerges to Address Need for Faster Transportation & LogisticsTechnology Advancements in Industrial Weighing Machines to Spur GrowthSelect Innovations in Industrial Weighing EquipmentWeighing Technology Advances Augur Well for the MarketDevelopments in Load Cell Technology Influence Weighing MachineryUSB Load Cells Come to ForeDigital Load Cells Gain Prominence in Specialized ApplicationsResistance Strain Gauge Load Cells Undergo Major Advances with Development TrendsCommon Issues Facing Load CellsIndustrial Weighing Scales Bulk up Attention across Diverse DomainsTransportation & Logistics Emerges as a Key Driver of Demand GrowthInternational Trade Volumes: An Indicator of Potential OpportunitiesScales for Weighing Truckloads: An OverviewLift Truck Scales for Logistics and Shipping OperationsPotential Opportunities for On-Board Vehicle Weighing SystemsE-Commerce Growth Presents Opportunities for Weighing ScalesWeighing Systems Improve Efficiency of Mining OperationsIndustrial Weighing Scales Critical in Mining OperationsMetal Industries Rely on Weighing Equipment to Streamline Production CycleGrowing Significance of Weighing Instruments in Pharmaceutical ManufacturingChemical Processing: Weighing Machinery Plays Critical Role in Maintaining Standard Weight ConfigurationsConstruction Material Manufacturers Rely on Weighing Equipment across Various Production StagesFood Industry Witnesses Rise in Adoption of Digital Weighing TechnologyFavorable Trends in Food Consumption Drive Demand for Automatic CheckweighersUptake of Checkweigher in Health Food IndustryFood Packaging Gets Precision & Efficiency Lift with Advanced CheckweighersWeighing Equipment Gain Precedence in Textile SectorPulp and Paper Manufacturers Look to Leverage Proficiency of Weighing EquipmentRegulations to Drive Weighing Equipment Demand in Waste Management IndustryMaintenance of Truck Scales: A Challenging TaskIndustrial Truck Scales: Focus on Key IssuesGrowing Importance of Weighing Equipment for Recycling IndustryWeighing Equipment Remains Crucial Component of Agriculture & Farming IndustryAdvent of Innovative Technologies Fuel Demand for Electronic Weighing EquipmentCheck Weighing Machines Market: Poised for GrowthRising Prominence of Floor Scales in Industrial Weighing Equipment IndustryGrowing Importance of Checkweighers in Industrial Production LinesCheckweighers: Fundamental Facet of Packaging Quality Control ApplicationsImproving Productivity through CheckweighersSmart Checkweighers: A Heavyweight Technology for Factory of FutureExpanded Capabilities of Checkweighers Make Them Essential to Enhance ProductivityAccuracy Remains Critical for Automatic Inline CheckweigherWeighing and Controlling Foreign Objects in Demanding EnvironmentsReplacement Demand to Support Market GrowthRegulatory Guidelines to Influence Market ProspectsChallenges Facing Industrial Weighing Equipment Market

FOCUS ON SELECT PLAYERS (Total 216 Featured)

A&D WeighingATRAX Group NZ Ltd.Avery Weigh-Tronix, LLCBilwinco ASCI Precision Ltd.D Brash & Sons, Ltd.Easiweigh LimitedFairbanks Scales, Inc.GSH GroupMaguire Products, Inc.Mettler-Toledo International, Inc.Minebea IntecOHAUS CorporationRADWAG Wagi ElektroniczneThompson Scale CompanyWalz Scale

For more information about this report visit https://www.researchandmarkets.com/r/8jl791

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SOURCE Research and Markets

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UnionPay International Partners with HFC Bank for First Local ATM Acceptance in Fiji Driving Financial Inclusion

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April 27, 2025

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SUVA, Fiji, April 27, 2025 /PRNewswire/ — Recently, UnionPay International announced that its card is now accepted at ATMs operated by HFC Bank, Fiji’s only 100% locally owned commercial bank. HFC Bank has officially launched UnionPay card acceptance at its ATMs, becoming the first domestic financial institution in the country to partner with UnionPay International.

This milestone collaboration expands UnionPay card ATM coverage in Fiji to an impressive 96%, signaling a significant leap forward in the localization of UnionPay International ‘s services in the South Pacific and injecting fresh momentum into the development of inclusive financial services in the region.

HFC Bank was established as a fully-fledged commercial bank in 2014, the bank is dedicated to becoming Fiji’s bank of choice by providing innovative, competitively priced financial solutions designed to improve customer wellbeing, create wealth for future generations, and contribute to the nation’s economic development.

The partnership between HFC Bank and UnionPay International is not only a technical upgrade—it is a strategic step toward empowering local institutions and advancing financial inclusivity in Fiji.

UnionPay International first entered the Fijian market in September 2010, making Fiji the first South Pacific nation to accept UnionPay cards. Today, 99% of POS terminals and 96 % of ATMs in the country accept UnionPay, with broad acceptance across hotels, supermarkets, duty-free shops, restaurants, and the tourism sector. Mobile payments via UnionPay App are also widely supported.

Prior to this new collaboration, UnionPay International’s local partnerships were primarily with international banks.

The new alliance with HFC Bank highlights UnionPay International’s commitment to deepening localization by working closely with local institutions to build a more inclusive and resilient payment ecosystem.

As UnionPay International’s footprint continues to grow, its focus remains clear: building accessible, inclusive, and innovative financial solutions that benefit local communities and global travelers alike.

About HFC Bank
HFC Bank is Fiji’s only locally owned commercial bank, committed to delivering personalized and innovative financial services that exceed customer expectations. With a strong foundation in governance and ethical practices, the bank offers a full range of competitively priced financial products that aim to improve customer wellbeing, create long-term value, and support national economic development. HFC Bank upholds values of humility, excellence, accountability, respect, and trust, and is dedicated to serving individuals, families, and businesses across Fiji with integrity and care.

About UnionPay International
With more than 260 million UnionPay cards issued in 83 countries and regions outside the Chinese Mainland, UnionPay International is committed to enhancing the online payment experience for its global cardholders. Accepted in 183 countries and regions, UnionPay International offers high-quality, cost-effective, and secure cross-border payment services to the world’s largest cardholder base, while delivering convenient local support to a growing network of international users and merchants. For more information, please visit: https://www.unionpayintl.com/

View original content:https://www.prnewswire.com/apac/news-releases/unionpay-international-partners-with-hfc-bank-for-first-local-atm-acceptance-in-fiji-driving-financial-inclusion-302439023.html

SOURCE UnionPay International

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Yutong Bus Launches EnRoute+ Service Innovation and Tech-Driven Solutions to Redefine Commercial Vehicle Value Standards

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2 hours ago

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April 27, 2025

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Six-Point Service Framework Elevates Efficiency and Customer Value

ZHENGZHOU, China, April 26, 2025 /CNW/ — Yutong Bus (“Yutong”, SHA: 600066), a commercial vehicle manufacturer in Asia, recently hosted the Central Asia Customer Value Exploration Tour in Zhengzhou, marked the debut of Yutong’s EnRoute+ service platform, designed to refine industry benchmarks by prioritizing technology-led solutions and fostering long-term partnerships over transactional pricing.

“Amid intensifying competition in the globe wide, Yutong is committed to transitioning clients from a ‘price-first’ mindset to a comprehensive value partnership rooted in technology and service excellence,” said Li Haifeng, CEO of Central Asia of Yutong Bus.

EnRoute+: Six Pillars of Unwavering Support

The EnRoute+ framework delivers comprehensive solutions tailored to fleet needs:

Direct Manufacturer Support: Yutong personnel are stationed locally 365 days a year, delivering professional, efficient, and reliable “butler-style” support throughout the entire vehicle lifecycle.Swift Response, Efficient Solutions: Customers can instantly connect with Yutong via the LINK+ platform or service hotline for emergency assistance, ensuring swift and effective resolution.Full Transparency: Real-time tracking of service requests, progress updates, and post-service evaluations via the Link+ digital ecosystem.Genuine Parts Assurance: A two-tier spare parts network (central warehouse + front warehouse) ensures rapid delivery of authentic parts, backed by a 15-year worry-free supply and comprehensive quality assurance.Critical Event Assurance: Specialized service teams, tailored contingency plans, and rigorous protocols are deployed to ensure flawless operations during critical events or competitions.Tailored Maintenance Plans: Proactive, tailored solutions optimize fleet uptime, reduce operational costs, and provide end-to-end support through preventative maintenance and zero-distance service management.

Yutong’s localized service approach has already delivered  measurable success. In Astana, Kazakhstan, the city’s public transit operator manages 620 Yutong buses, including 120 EVs. Concerns over post-sale support were alleviated through Yutong’s Overseas Service Package, which leverages smart diagnostics to predict faults, and slash operational costs. In Tashkent, Uzbekistan, Yutong’s electric buses withstood extreme summer temperatures exceeding 40°C while maintaining stable performance. Tailored lifecycle solutions and round-the-clock technical support enabled Tashkent’s transit authority to expand its EV fleet.

Yutong leverages decades of expertise in connectivity and new energy to deliver data-driven service solutions. By integrating global networks, advanced analytics, and intelligent platforms like LINK+, OVAS, and Intelligent Vehicle Cloud, it creates lifecycle-focused ecosystems that boost efficiency, innovation, and customer-centric excellence worldwide.

For more info, please visit https://en.yutong.com/.

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SOURCE Yutong Bus

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Technology

World-Famous Master Craftsman Completes First-Ever Auto Show Build in Front of Thousands

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7 hours ago

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April 26, 2025

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NEW YORK, April 26, 2025 /PRNewswire/ — In a two-day, jaw-dropping high-intensity live performance, that made international headlines and lit up social media, legendary Porsche builder Akira Nakai, completed his first-ever auto show build at the 2025 New York Auto Show. The completed vehicle is now on display and can be seen through Sunday, April 27.

Flying in from Japan, Nakai transformed a 2006 Porsche Carrera S into one of his iconic wide-body creations right on the show floor, attracting huge crowds, major media coverage, and going viral across social media. The build took place over April 23 and 24 in the R2XPO Exhibit, where visitors watched, photographed, and filmed the master craftsman in action. From the moment he started cutting to the final bolt, the atmosphere was electric.

The activation quickly went viral, racking up millions of views across TikTok, Instagram, and YouTube within hours. Photos and footage of Nakai San deep in the build process spread like wildfire, turning the R2XPO Exhibit into one of the most talked-about attractions at this year’s Show.

View original content to download multimedia:https://www.prnewswire.com/news-releases/world-famous-master-craftsman-completes-first-ever-auto-show-build-in-front-of-thousands-302438994.html

SOURCE New York International Auto Show

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