A niche market with wide ranging industrial applications for load cells, displacement transducers, torque transducers, test and measurement kits are produced by specialist manufacturing companies. These organisations possess the precision engineering technologies, skilled work force and support systems to produce a consistent and specialised range of subsystems and components.
Several well-established companies with overseas collaborations have set up facilities in Sri Lanka to cater to this market segment effectively. Through such collaborations, this sector is able to provide the required competencies and have built capacity that is required to present the complete product lifecycle support that the global markets demand.
Based on trade data published on the online data visualisation and distribution platform; The Observatory of Economic Complexity (OEC), Sri Lanka has been listed as the third fastest growing exporter in the sector, during 2018 and 2019. Hong Kong ($23.8M), The United Kingdom ($11.3M), were recorded as the fastest and the second fastest growing export markets followed by Sri Lanka ($3.13M), Spain ($2.86M), and India ($2.15M) Source: https://oec.world/en/profile/hs92/weighing-machine-parts-and-weights-of-all-kinds#market-dynamics
As all Electrical and Electronic exporters in the country do, Sri Lankan exporters in the Load Cells and Weighing Solutions Sector are also known to have greater focus on quality over quantity and are conscious of their credibility, reputation, and sustenance, over profits. The wide range of accessories, components and machines manufactured and exported in Sri Lanka is widely known for reliability, accuracy and for being economical. Indicators, remote displays, scales, accessories, and cells are a few of the products that are exported. For importers who require unique, customised solutions, the Sri Lankan weighing machine export sector has much to offer. Compliant with international standards, the process ranges from design to manufacturing to the delivery of complete weighing solutions. Sri Lanka has also been a preferred base for many international brands in the sector for setting up production facilities and business centres in expanding their business.
Sri Lankan Electrical and Electronics industry is in a constant state of research and development in order to provide the best quality products suiting the standards of the global market. The wide variety of products and exporters cover every aspect of the industry
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