Soaring Application of Digital Load Cells to Bolster Uptake

Load cells are types of transducers that perform the functionalities of converting mechanical force into an electric output, which can be calibrated and measured. Different varieties of load cells find extensive applications in a vast range of industries such as healthcare, oil and gas, aerospace, automotive, defense, and retail. The surging use of load cells in various testing applications has made them popular in the aviation and aerospace industries.

In recent years, the healthcare and life sciences industries have witnessed huge adoption of load cells. The soaring demand for home hemodialysis (HHD) machines in the healthcare industry has translated to a significant demand for load cells. The growing demand for infusion pumps for patients suffering from chronic diseases and an upsurge in surgical procedures across various regions are the key factors stimulating the uptake of load cells in the industry.

The global market for load cells is projected to expand at a CAGR of 3.50% during the period 2016–2024, and the opportunities in the market is expected to reach US$2.55 bn by the end of the forecast period.

Which load cell technologies are expected to offer lucrative avenues in the coming years?

The major technologies used in load cells are analog and digital. The market for analog load cells occupied a major share in 2016. The substantial demand for these cells is attributed to their cost-effectiveness as analog load cell equipment require low upfront cost. However, in the coming years, the scales will tilt in favor of digital load cells. Their demand is expected to grow at an accelerated pace for a number of industrial applications. The uptake of load cells is attributed to several advantages they have over analog ones. Digital load cells offer more precise measurement, have better signal strength, and are less prone to interference caused by radio signals and electromagnetic waves.  A large number of heavy lifting applications will use digital load cell technology in the coming years.

Mettler-Toledo, a U.S.-based multinational manufacturer of scales and analytical instruments, in April 2017, launched a high-end vehicle-scale digital load cell—POWERCELL GDD. The device uses a digital signal processing technology that enables the end users to make more precise weighing measurements with enhanced reliability. The device is suitable for a variety of analytical and testing applications across various industries. The signal outputs are visible from the scale terminal, which helps in problem identification and simplifies repairing to reduce downtime.

Which are the prominent regions exhibiting substantial demand for load cells?

Europe is a major market for load cells and is anticipated to lead the global market through the forecast period. There will be a robust uptake of load cells in the automotive, oil and gas, aerospace, and defense industries. The regional market is expected to rise at a CAGR of 2.90% from 2016 to 2024. The presence of a large number of companies handling bulk material operations, such as cement, coal, iron ore mining, is expected to spur the demand for all types of load cells in Europe, thereby catalyzing the market growth.  A large chunk of the demand for load cells in the forthcoming years will come from Germany and the U.K.

The North America market for load cells is expected to exhibit lucrative avenues over the forecast period. The impressive growth of the regional market is driven by their soaring applications in the healthcare, medical devices, aerospace, defense, and oil and gas industries across countries such as the U.S. and Canada


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