Aircraft Weighing System Market Size, Share, Outlook By 2027

Aircraft Weighing System Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Floor-standing and Platform), Application (Commercial Aviation and Military Aviation)

Publication Month : Nov 2020

  • Report Code : TIPAD00002480
  • Category : Aerospace and Defense
  • Status : Published
  • No. of Pages : 135
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The aircraft weighing system market is expected to grow at US$ 102.76 million in 2019 and is projected to reach US$ 133.03 million by 2027; it is expected to grow at a CAGR of 4.2% from 2020 to 2027.

The global aviation industry is experiencing swift growth, recording significant production volumes of commercial and military aircraft fleet. The commercial aircraft fleet has witnessed massive growth in the past few years owing to the emergence of new low cost carriers (LCCs) and fleet expansion strategies adopted by the full service carriers (FSCs). Commercial aviation is foreseen to surge in the coming years due to the mounting number of air travel passengers and aircraft procurement. In regions such as North America, Europe, and APAC, air passenger traffic has been surging with time, which is propelling the demand for commercial aircraft. In APAC, primarily in China, the commercial aircraft for domestic travel has been proven to be cost-effective. Moreover, in 2018 and 2019, the global military aircraft volume was ~453 units and 632 units, respectively. Airbus and Boeing are the two aircraft manufacturing giants with significantly greater volumes of orders and delivery statistics. These two aircraft original equipment manufacturers (OEMs) are continuously encountering orders for various aircraft models from different civil airlines. Thus, these factors are driving the growth of the aircraft weighing system market.

The COVID–19 outbreak has decimated the demand for aircraft globally, which reflected significantly lower volumes of airframe production. The decline in production volumes adversely affected the businesses of various component manufacturers and associated technologies. Thus, the aircraft weighing system market players' businesses have been severely affected by destabilization in aircraft production.

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Aircraft Weighing System Market: Strategic Insights

aircraft-weighing-system-market
Market Size Value inUS$ 102.76 Million in 2019
Market Size Value byUS$ 133.03 Million by 2027
Growth rateCAGR of 4.2% from 2020-2027
Forecast Period2020-2027
Base Year2020
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Aircraft Weighing System Market Revenue and Forecast to 2027 (US$ Mn)

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Aircraft Weighing System Market Segmentation

Aircraft Weighing System Market – by Type

  • Floor-standing
  • Platform

Aircraft Weighing System Market – by Application

  • Commercial Aviation
  • Military Aviation


Aircraft Weighing System Market – by Region

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • South America


Aircraft Weighing System Market -Companies Mentioned

  • HKM Messtechnik
  • NicolScales
  • Fema Airport
  • General Electrodynamics Corporation
  • Henk Maas
  • Intercomp
  • Jackson Aircraft Weighing Systems LLC
  • Langa Industrial S.A.
  • Vishay Precision Group, INC
  • Teknoscale OY
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type , Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


Which type led the aircraft weighing system market?

The floor-standing is the leading type in the market. The floor-standing weighing system includes a load cell, placed on an aircraft jack, and an aircraft is lifted until the weight of the aircraft is suspended by the load cell. An aircraft requires to be in a flight level attitude when it is weighed. If an aircraft is sitting on floor scales, the only way to level the aircraft might be to deflate tires and landing gear struts. When an aircraft is weighed using a floor-standing scale, leveling the aircraft is easy by simply adjusting the height with the jacks. Increasing deliveries of various aircraft are expected to surge the demand for a floor-standing scale during the forecast period.

Which factor is driving the aircraft weighing system market?

The aircraft manufacturers procure weighing scales in order to measure the empty weight of the aircraft and maximum take-off weight (MTOW) upon assembly of the aircraft. The weight measurement plays a crucial role in the production of any aircraft model. In addition to measurement of weight, the need to measure the center of gravity (CG) of the aircraft is also mandated by the aerospace authorities. Due to this, every aircraft manufacturer has to adhere to the mandates and are required to measure the CG prior to delivery of the aircraft. Pertaining to the continuously rising production volumes to bridge the gap between demand and supply of aircraft, the OEMs are increasingly procuring decent volumes of aircraft weighing systems. The tremendous rise in the procurement of these systems by aircraft giants is a crucial driving factor for the aircraft weighing system market growth.

Which region led the aircraft weighing system market in 2019?

North America is the largest aerospace market in the world as the region has several numbers of defense and commercial aircraft manufactures and MRO service providers. Owing to the positive outlook towards adoption of new technologies coupled with favorable economic policies, presence of skilled workforce and high GDP per capita in this region, the North American aerospace industry has grown to an influential position. Some of the major aircraft manufacturer operating in the region include Boing, Airbus, Lockheed Martin, Northrop Grumman, Bombardier, Textron and Gulfstream Aerospace. These aircraft OEMs have their numerous manufacturing facilities in this region and each manufacturing facility produces noteworthy volumes of aircraft models. This factor is driving the aircraft weighing system market and is also projected to create huge growth opportunities for the aircraft weighing system market players.

The List of Companies - Aircraft Weighing System Market

  1. General Electrodynamics Corp
  2. Henk Maas Weegschalen BV
  3. Intercomp Company
  4. Jackson Aircraft Weighing Systems LLC
  5. Langa Industrial S.A.
  6. Vishay Precision Group, Inc.
  7. Teknoscale OY
  8. Nicol Scales & Measurement
  9. McCoy Global Inc
  10. HKM-Messtechnik GmbH

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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