Electronic Weighing Scale Market: Global Industry Analysis and Forecast (2023-2029)

Electronic Weighing Scale Market was valued at US$ 4.26 Bn. in 2022. Electronic Weighing Scale Market size is estimated to grow at a CAGR of 6.61% during the forecast period.

Electronic Weighing Scale Market Overview:

An electronic weighing scales are measuring instruments that used to measure the weight or mass of an object. These scales are used in wide-ranging industrial as well as commercial products and applications. An increase in need for determining the accurate weight of an object is driving the growth of electronic weighing scales market globally. It offers benefits, which include compact size, precision, elasticity in measuring multiple loads and delivery of online processing.Electronic Weighing Scale MarketTo know about the Research Methodology:- Request Free Sample Report

Electronic Weighing Scale Market Dynamics:

The global electronic weighing scale market is driven by the high industrial automation and rapid deployment of electronic weighing scales in the retail and jewelry outlets. Growing dependence on the electronic weighing scales in various application areas like supermarkets, kitchens, hospitals, pharmacies, laboratories, are also expected to boost the market growth. Large industries are shifting from manual weighing machines to advanced electronic weighing scale machines and high Investments in the manufacturing sectors are increasing the demand for electronic weighing scale. Technological advancements: Drive the market growth The demand for electronic weighing scales machines are increasing in commercial and residential sectors because of the economic activities, technological advancements in laboratory balances and scales. It is highly required to maintain precisions in process. It offers features like reliability, accuracy, durability, portability, and ease of calibration. New innovations are taking place in this sector. The key players operating in the market are introducing new machines, which helps to covert the reading present on the LCD screen into any measurement unit according to the customer requirements. In the manufacturing industry, weighing scales used for industrial purposes are requiring a electricity source. Manufacturers are attempting to come up with machines, which will work on in-built batteries.

Electronic Weighing Scale Market Segment Analysis:

The table top scales segment held the dominant position in electronic weighing scale market in 2022 and is expected to contribute more than 25% share in the market. Table top scales are light in weight, easy to operate, cost-effective, rugged, and compact electronic weighing scales. These scales are mostly used in laboratories, pharmacies, cafes, kitchens, and retail applications. Industrial sector is expected to contribute more than 30% share in the global electronic weighing scale market. Weighing scale is widely used in export and import of different material and measuring of items such as corrosive liquids and gases. It requires high accuracy during the production process. The electronic weighing scales have become a fixture in daily use within the industrial environment. Rugged industrial crane scales, platform scales, and pallet truck scales are the most prominent electronic scales used for industrial applications. The usage of electronic weighing scale in the manufacturing industry is now widespread, which is contributed to the manufacture of electronic weighing scale products to their long-term applications and longevity

Electronic Weighing Scale Market Regional Insights:

Asia Pacific region Is Emerging Region Asia Pacific held the more than 18% share in 2022 and is expected to reach US$ 1895.67 Mn by the end of 202. Thanks to the increasing automation across different industry verticals that demand the use of automated electronic measuring devices for testing and measurement. presence of a large number of manufacturing sector and accessibility of skillful technical expertise are boosting the demand for weighing scale. Additionally, easy availability of low-cost raw material, which promotes the mass production of low-cost electronic scales in developing economies are expected to drive the Asia Pacific market growth. An increase in investment in the manufacturing sector, research and development activities for the introduction of the advanced electronic weighing scale are expected to increase adoption of electronic weighing scale. Key players in the market are focusing on the introduction of compact and portable electronic weighing machine products to gain market share. They are also concentrating on the integration of innovative technology to achieve higher precision. An increase in adoption of advanced technologies in the production of the electronic weighing machine are boosting the revenue of the key players. In 2022, Mettler Toledo has launched a new series of wash-down resistant weight checkers for accurate measurement. The objective of the report is to present a comprehensive analysis of the global Electronic Weighing Scale Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Electronic Weighing Scale Market dynamic, structure by analyzing the market segments and projecting the Electronic Weighing Scale Market size. Clear representation of competitive analysis of key players by End-User Vertical, price, financial position, product portfolio, growth strategies, and regional presence in the Electronic Weighing Scale Market make the report investor’s guide.

Electronic Weighing Scale Market Scope: Inquire before buying

Electronic Weighing Scale Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2017 to 2022 Market Size in 2022: US$ 4.26 Bn.
Forecast Period 2023 to 2029 CAGR: 6.61% Market Size in 2029: US$ 6.67 Bn.
Segments Covered: by Type • Table top scale • Platform scale • Precision scale • Pocket scale • Others
by End-User Vertical • Industrial • Veterinary • Scientific/laboratory • Jewelry • Food & beverages • Health & fitness • Education/research

Electronic Weighing Scale Market, by Region

North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)

Electronic Weighing Scale Market Key Players are:

Contech Instruments Limited • A&D Company Limited • The Essae Group • Tanita Corporation • Adam Equipment Co. Ltd. • Avery Weigh Tronix Ltd. • Aczet Pvt. Ltd. • Atrax Group NZ • Arlyn Scales • Cardinal Scale Manufacturing Company • D Brash & Sons Ltd. • Doran Scales, Inc. • Fairbanks Scales • KERN & SOHN GmbH • Mettler-Toledo, LLC • Rice Lake Weighing Systems • Weightron Bilancia • Shinko Denshi Co., Ltd • Illinois Tools Works, Inc. • Shimadzu Corporation • Sartorius AG • BONSO Electronics International, Inc. • Samsun Electronic • Jinding • Tianchuang

Frequently Asked Questions:

1] What segments are covered in the Electronic Weighing Scale Market report? Ans. The segments covered in the Electronic Weighing Scale Market report are based on Type and End-User Vertical. 2] Which region is expected to hold the highest share in the Electronic Weighing Scale Market? Ans. The Asia Pacific region is expected to hold the highest share in the Electronic Weighing Scale Market. 3] What is the market size of the Electronic Weighing Scale Market by 2029? Ans. The market size of the Electronic Weighing Scale Market by 2029 is US$ 6.67 Bn. 4] What is the forecast period for the Electronic Weighing Scale Market? Ans. The forecast period for the Electronic Weighing Scale Market is 2023-2029. 5] What was the market size of the Electronic Weighing Scale Market in 2022? Ans. The market size of the Electronic Weighing Scale Market in 2022 was US$ 4.26 Bn.
1. Global Electronic Weighing Scale Market Size: Research Methodology 2. Global Electronic Weighing Scale Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Electronic Weighing Scale Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Electronic Weighing Scale Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Electronic Weighing Scale Market Size Segmentation 4.1. Global Electronic Weighing Scale Market Size, by Type (2022-2029) • Table top scale • Platform scale • Precision scale • Pocket scale • Others 4.2. Global Electronic Weighing Scale Market Size, by End-User Vertical (2022-2029) • Industrial • Veterinary • Scientific/laboratory • Jewelry • Food & beverages • Health & fitness • Education/research • Others 5. North America Electronic Weighing Scale Market (2022-2029) 5.1. North America Electronic Weighing Scale Market Size, by Type (2022-2029) • Table top scale • Platform scale • Precision scale • Pocket scale • Others 5.2. North America Electronic Weighing Scale Market Size, by End-User Vertical (2022-2029) • Industrial • Veterinary • Scientific/laboratory • Jewelry • Food & beverages • Health & fitness • Education/research • Others 5.3. North America Electronic Weighing Scale Market, by Country (2022-2029) • United States • Canada • Mexico 6. European Electronic Weighing Scale Market (2022-2029) 6.1. European Electronic Weighing Scale Market, by Type (2022-2029) 6.2. European Electronic Weighing Scale Market, by End-User Vertical (2022-2029) 6.3. European Electronic Weighing Scale Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Electronic Weighing Scale Market (2022-2029) 7.1. Asia Pacific Electronic Weighing Scale Market, by Type (2022-2029) 7.2. Asia Pacific Electronic Weighing Scale Market, by End-User Vertical (2022-2029) 7.3. Asia Pacific Electronic Weighing Scale Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Electronic Weighing Scale Market (2022-2029) 8.1. The Middle East and Africa Electronic Weighing Scale Market, by Type (2022-2029) 8.2. The Middle East and Africa Electronic Weighing Scale Market, by End-User Vertical (2022-2029) 8.3. The Middle East and Africa Electronic Weighing Scale Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Electronic Weighing Scale Market (2022-2029) 9.1. Latin America Electronic Weighing Scale Market, by Type (2022-2029) 9.2. Latin America Electronic Weighing Scale Market, by End-User Vertical (2022-2029) 9.3. Latin America Electronic Weighing Scale Market, by Country (2022-2029) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Contech Instruments Limited 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. A&D Company Limited 10.3. The Essae Group 10.4. Tanita Corporation 10.5. Adam Equipment Co. Ltd. 10.6. Avery Weigh Tronix Ltd. 10.7. Aczet Pvt. Ltd. 10.8. Atrax Group NZ 10.9. Arlyn Scales 10.10. Cardinal Scale Manufacturing Company 10.11. D Brash & Sons Ltd. 10.12. Doran Scales, Inc. 10.13. Fairbanks Scales 10.14. KERN & SOHN GmbH 10.15. Mettler-Toledo, LLC 10.16. Rice Lake Weighing Systems 10.17. Weightron Bilancia 10.18. Shinko Denshi Co., Ltd 10.19. Illinois Tools Works, Inc. 10.20. Shimadzu Corporation 10.21. Sartorius AG 10.22. BONSO Electronics International, Inc. 10.23. Samsun Electronic
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