Load Cells Market (By Type (S-type, Single-point, Shared-beam, and Others), By End-use Application (Automotive and Transportation, Oil and Gas, Healthcare, Industrial Manufacturing and Material Handling, Defense and Aerospace, Construction, and Others), By Technology (Analog Load Cells and Digital Load Cells)) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025 the global load cells market is expected to grow at a compound annual growth rate of 4.1% during the forecast period 2017 – 2025.
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A load cell is a kind of force sensor that changes the deformation of a material into an electric signal. In short load cells are sensors that convert weight or force into electric signal. Thus, load cells are key component of any weighing system. A substantial amount of research made in the field of transducers has drastically reduced the number of instrumental errors, which, in turn has supported the market growth. As of 2015, analog load cells led the overall load cells market worldwide. Analog load cells accounted for over three-fourth of the global market revenue in the same year. On the contrary, digital load cells are poised to witness superior growth during the forecast period 2017 – 2025.
- Growing demand for load cells with extended overload protection
• Resurgence in the industrial sector post economic slowdown and investments in automation technologies driving market demand
• Growing demand from healthcare, aerospace, and logistics segment
• Need for compression and tension load cells in load monitoring applications
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1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.5. Approach Adopted
- Executive Summary
2.1. Global Load Cells Market Snapshot
- Global Load Cells Market Analysis
3.1. Global Load Cells Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
- Global Load Cells Market Revenue, By Type , 2015 – 2025 (US$ Bn)
4.1. Market Analysis
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