Instrumented Load Shackle Market

By Capacity Type;

Up to 150 Tonne, 150–300 Tonne, 300–450 Tonne and Above 450 Tonne

By Application;

Crane Safe Load Monitoring, Cable Tension Monitoring, Towing Tension and Crane Weight

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn338083151 Published Date: September, 2025 Updated Date: October, 2025

Instrumented Load Shackle Market Overview

Instrumented Load Shackle Market (USD Million)

Instrumented Load Shackle Market was valued at USD 218.06 million in the year 2024. The size of this market is expected to increase to USD 306.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Instrumented Load Shackle Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 218.06 Million
Market Size (2031)USD 306.84 Million
Market ConcentrationMedium
Report Pages382
218.06
2024
306.84
2031

Major Players

  • Crosby Group
  • The Crosby Group LLC
  • Straightpoint (Part of Crosby Group)
  • Load Monitoring Systems Ltd.
  • Modulift UK Ltd.
  • Scotload Ltd.
  • Green Pin & VAN BEEST
  • DLM Loadcells Ltd.
  • LMS Ltd.
  • Sensor Technology Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Instrumented Load Shackle Market

Fragmented - Highly competitive market without dominant players


The Instrumented Load Shackle Market is expanding as industries prioritize real-time load measurement and operational safety. Over 60% of heavy lifting activities now utilize these devices to track applied forces with precision during lifting, towing, and testing. Their combination of mechanical strength and measurement accuracy enhances their value across critical sectors.

Enhancing Safety in Industrial Operations
Safety considerations are fueling adoption, with more than 55% of lifting projects employing load shackles to avoid overloading and accidents. These instruments provide dependable data for compliance with load safety standards, reinforcing their importance in improving workplace security and operational reliability.

Adoption in Marine and Offshore Applications
In the marine and offshore domain, nearly 50% of lifting and mooring systems incorporate instrumented load shackles. Their resilience in challenging marine environments and ability to provide continuous, accurate load data make them indispensable for applications such as rigging, anchoring, and vessel operations.

Integration with Digital Monitoring Systems
With the rise of IoT-enabled lifting solutions, approximately 45% of advanced lifting systems now link load shackles to wireless monitoring platforms. This integration supports real-time analytics, predictive maintenance, and improved efficiency, aligning with the growing need for data-driven industrial operations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Capacity Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Instrumented Load Shackle Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Emphasis on Work Safety
        2. Increasing Demand for Load Monitoring Solutions
        3. Advancements in Sensor Technology
        4. Stringent Regulations and Standards
        5. Rising Adoption in Various Industries
      2. Restraints
        1. Stringent Regulations and Standards
        2. High Initial Investment
        3. Limited Awareness and Adoption
        4. Challenges in Integration with Existing Systems
        5. Concerns Regarding Accuracy and Reliability
      3. Opportunities
        1. Growing Adoption in Various Industries
        2. Expansion in Emerging Markets
        3. Technological Advancements
        4. Integration of IoT and Wireless Technologies
        5. Demand from Construction and Oil & Gas Industries
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Instrumented Load Shackle Market, By Capacity Type, 2021 - 2031 (USD Million)
      1. Up to 150 Tonne
      2. 150–300 Tonne
      3. 300–450 Tonne
      4. Above 450 Tonne
    2. Instrumented Load Shackle Market, By Application, 2021 - 2031 (USD Million)
      1. Crane Safe Load Monitoring
      2. Cable Tension Monitoring
      3. Towing Tension
      4. Crane Weight
    3. Instrumented Load Shackle Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. Rugged Controls, LLC
      2. Interface, Inc.
      3. Load Cell Central
      4. LCM Systems
      5. James Fisher & Sons plc
      6. Mazzella Companies
      7. Applied Measurements Ltd.
      8. Delphi Measurement Pty Ltd
      9. ScanSense
      10. Bestco
      11. Straightpoint (The Crosby Group)
      12. Load Monitoring Systems Ltd.
      13. DLM Loadcells Ltd.
      14. LMS Ltd.
      15. Sensor Technology Ltd.
  7. Analyst Views
  8. Future Outlook of the Market