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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

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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SOURCE Research and Markets

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KNEX Technology CTO Gustavo Gonzalez Elected 2025 President-Elect of OATUG

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Gustavo Gonzalez, KNEX Technology’s CTO, has been elected 2025 President-Elect of OATUG, emphasizing his dedication to Oracle innovation, collaboration, and leadership, including Ascend 2025’s strategic initiatives.

IRVINE, Calif., Jan. 10, 2025 /PRNewswire-PRWeb/ — KNEX Technology, a leading Oracle Cloud solutions provider, is proud to announce that its Chief Technology Officer, Gustavo Gonzalez, has been elected as the 2025 President-Elect of the Oracle Applications & Technology Users Group (OATUG). This esteemed appointment highlights Gonzalez’s longstanding commitment to advancing innovation and collaboration within the Oracle community.

OATUG has played a pivotal role in my professional growth, and it is a privilege to contribute to this community which has enriched my career. As President-Elect, I look forward to collaborating with my peers to strengthen the Oracle user community and further its impact on businesses worldwide.

In his new role, Gonzalez will work closely with the OATUG leadership team throughout 2025, preparing to serve as OATUG President in 2026. He will focus on empowering Oracle professionals worldwide by fostering knowledge-sharing, community engagement, and professional development. OATUG, a globally recognized organization, supports its members in overcoming challenges, enhancing the value of Oracle solutions, and driving organizational success.

“OATUG has played a pivotal role in my professional growth, and it is a privilege to contribute to this community which has enriched my career,” said Gustavo Gonzalez. “As President-Elect, I look forward to collaborating with my peers to strengthen the Oracle user community and further its impact on businesses worldwide.”

Gonzalez’s election underscores his dedication to giving back to the Oracle ecosystem. A key focus of his role will include shaping OATUG’s strategic initiatives, such as the annual Ascend Conference, which unites Oracle users, thought leaders, and technology innovators for unparalleled learning and networking opportunities.

The upcoming Ascend 2025 Conference, scheduled for June 8–11 in Orlando, Florida, promises to build on the success of the 2024 event, which attracted more than 1,800 attendees. With early bird registration now open, Gonzalez aims to ensure the conference continues to deliver transformative insights and experiences for the Oracle community.

About OATUG

The Oracle Applications & Technology Users Group (OATUG) is the premier global organization for Oracle users, providing year-round education, networking, and advocacy. OATUG empowers its members to unlock the full potential of Oracle solutions, fostering innovation and collaboration across industries.

About KNEX Technology

KNEX Technology is a trusted leader in Oracle Cloud solutions, delivering cutting-edge products and services to help businesses achieve their objectives. Through its innovative approach and customer-focused strategies, KNEX enables organizations to navigate the complexities of today’s technology landscape. For more information, visit www.knextech.com.

Media Contact

Husna Gyasi, KNEX Technology, 1 (949) 232-0786, husna.ghayaisi@knextech.com, https://knextech.com/

Twitter, LinkedIn

View original content:https://www.prweb.com/releases/knex-technology-cto-gustavo-gonzalez-elected-2025-president-elect-of-oatug-302347693.html

SOURCE KNEX Technology

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Dr. Gerard van Belle Appointed Director of Science at Lowell Observatory, Charting a Bold Future for Research

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Dr. van Belle to guide scientific exploration and foster innovation in the next era of astronomical research

FLAGSTAFF, Ariz., Jan. 10, 2025 /PRNewswire/ — Lowell Observatory is pleased to announce the appointment of Dr. Gerard van Belle as the new Director of Science. Van Belle, who has been an astronomer at the observatory since 2011, has been serving as the interim Director of Science.

In his new role, van Belle will lead a diverse team of astronomers and planetary scientists. He will spearhead the observatory’s new Science Vision, which focuses on advancing research capabilities and implementing cutting-edge technological improvements supporting Lowell’s leadership in astronomical research.

Under his leadership, the science department will continue to advance Lowell Observatory’s mission to pursue the study of astronomy, including the study of our solar system and its evolution, and to conduct pure research in astrophysical phenomena.

Van Belle’s own research focuses on fundamental stellar parameters, including the sizes, shapes, masses, distances, and temperatures of various types of stars. He is also renowned for his expertise in optical and near-infrared astronomical interferometry.

He earned his bachelor’s degree in physics from Whitman College in 1990, followed by a master’s degree from The Johns Hopkins University in 1993, and a Ph.D. in physics from the University of Wyoming in 1996.

Throughout his career, van Belle has been instrumental in the development and commissioning of major optical interferometers worldwide, including the Palomar Testbed Interferometer, the Keck Interferometer, and the Very Large Telescope Interferometer. His pioneering work in stellar surface imaging earned him the inaugural Edward Stone Award for Outstanding Research Publication at NASA’s Jet Propulsion Laboratory in 2002.

In 2011, van Belle joined Lowell Observatory’s science staff, where he applied high-resolution astronomical techniques to detect nearby exoplanets and map stellar surfaces. He served as the Director of the Navy Precision Optical Interferometer (NPOI) in Flagstaff, Arizona, from 2017 to 2018, and subsequently as its Chief Scientist until 2022.

Notably, van Belle was among the astronomers who voted against the definition of ‘planet’ advanced during the 2006 International Astronomical Union (IAU) conference in Prague, which relegated Pluto to being a ‘dwarf planet’ (which according to the IAU resolution is not a planet).

His extensive experience and dedication to advancing astronomical research make him a valuable leader for Lowell Observatory’s scientific endeavors.

“I am honored to take on this role at such a pivotal time for Lowell Observatory,” said van Belle. “Our Science Vision will guide us in exploring new frontiers in astronomy while strengthening our commitment to public engagement and education.”

Executive Director Dr. Amanda Bosh expressed her confidence in van Belle’s leadership: “Gerard’s extensive experience and dedication to our mission make him the ideal person to lead our scientific endeavors. I look forward to working closely with him as we embark on this exciting new chapter for Lowell Observatory.”

For more information about Lowell Observatory’s research and public programs, visit lowell.edu.

About Lowell Observatory
Founded in 1894, Lowell Observatory in Flagstaff, Arizona, is a renowned nonprofit research institution. It is the site of historic and groundbreaking discoveries, including the first evidence of the expanding universe and the discovery of Pluto. Today, Lowell’s astronomers utilize global ground-based and space telescopes, along with NASA spacecraft, for diverse astronomical and planetary science research. The observatory hosts more than 100,000 visitors annually for educational tours, presentations, and telescope viewing through a suite of world-class public telescopes.

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SOURCE Lowell Observatory

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ALTICE USA IS ABANDONING LOCAL SPORTS FANS AND IS KEEPING MSG NETWORKS AND ITS KNICKS, RANGERS, ISLANDERS AND DEVILS COVERAGE OFF THE AIR

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NEW YORK, Jan. 10, 2025 /PRNewswire/ — MSG Networks released the following statement about their dispute with Altice USA:

“Altice USA has pulled their last proposal and walked away from negotiations to bring MSG Networks back to its Optimum subscribers. They also just dropped WPIX Channel 11 in New York and other local stations around the country. If you have been waiting, like we have, for them to do right by their customers – don’t wait any longer. Now is the time to switch to Verizon Fios who has a special offer for Optimum subscribers. Meanwhile, Optimum has been charging their over 1 million customers for local sports programming they have not been receiving and EVERY subscriber should be credited at least $10 a month.

Verizon Fios is ready to take your business. If you are not in Verizon Fios area, you can get games through these other providers DirecTV, DirecTV Stream, Fubo and The Gotham Sports App. For more options on how to switch providers, visit www.keepMSG.com.”

About MSG Networks

MSG Networks, a pioneer in sports media, owns and operates two award-winning regional sports and entertainment networks (MSG and MSG Sportsnet) and MSG+, a direct-to-consumer and authenticated streaming offering (included in the Gotham Sports App), that serve the nation’s number one media market, the New York DMA, as well as other portions of New York, New Jersey, Connecticut and Pennsylvania. The networks feature a wide range of compelling sports content, including exclusive live local games and other programming of the New York Knicks, New York Rangers, New York Islanders, New Jersey Devils and Buffalo Sabres, as well as significant coverage of the New York Giants and Buffalo Bills. This content, in addition to a diverse array of other sporting events and critically acclaimed original programming, has established MSG Networks as the gold standard in regional sports. MSG Networks is part of the Sphere Entertainment Co. (NYSE: SPHR).

Contact:

Dan Schoenberg (dan.schoenberg@msg.com)

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SOURCE Sphere Entertainment Co.

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