The Electronic Weighing Scale Market size was valued at USD 4.54 Billion in 2023 and the total Electronic Weighing Scale revenue is expected to grow at a CAGR of 6.61% from 2024 to 2030, reaching nearly USD 7.10 Billion.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.To 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 2023 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 longevityElectronic Weighing Scale Market Regional Insights:
Asia Pacific region Is Emerging Region Asia Pacific held the more than 18% share in 2023 and is expected to reach US$ 2236.89 Mn by the end of 2030. 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 2023, 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: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 4.54 Bn. Forecast Period 2024 to 2030 CAGR: 6.61% Market Size in 2030: USD 7.10 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 Others 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:
1. Mettler Toledo International Inc. 2. KERN & SOHN 3. Minebea Intec 4. Samurai Scale 5. Adam Equipment Co. Ltd. 6. Shimadzu Corporation 7. Cardinal Scale 8. Rice Lake Weighing Systems 9. BONSO Electronics International, Inc. 10. Doran Scales, Inc. 11. Arlyn Scales 12. Aczet Pvt. Ltd. 13. Essae-Teraoka Pvt. Ltd. 14. Zhengzhou Dingheng Electronic Technology Co., Ltd. 15. Avery Weigh Tronix Ltd. 16. Leotronic Scale 17. Jadever scale co.ltd 18. Transtek Medical 19. HiWEIGH 20. Janner-Waagen GmbH 21. PCE InstrumentsFrequently Asked Questions:
1] What segments are covered in the Market report? Ans. The segments covered in the market report are based on Type and End-User Vertical. 2] Which region is expected to hold the highest share in the market? Ans. The Asia Pacific region is expected to hold the highest share in the market. 3] What is the market size of the market by 2030? Ans. The market size of the market by 2030 is USD 7.10 Bn. 4] What is the forecast period for the market? Ans. The forecast period for the Electronic Weighing Scale Market is 2024-2030. 5] What was the Global Electronic Weighing Scale Market size in 2023? Ans. The Global Electronic Weighing Scale Market size was USD 4.54 Billion in 2023.
1. Electronic Weighing Scale Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Electronic Weighing Scale Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Key Players Benchmarking 2.4.1. Company Name 2.4.2. Business Segment 2.4.3. End-user Segment 2.4.4. Growth Rate (Y-O-Y %) 2.4.5. Revenue (2023) 2.4.6. Profit Margin 2.4.7. Market Share 2.4.8. Key Development 2.5. Market Size Estimation Methodology 2.5.1. Bottom-Up Approach 2.5.2. Top-Down Approach 2.6. Electronic Weighing Scale Industry Ecosystem 2.6.1. Key Players in the Electronic Weighing Scale Industry Ecosystem 2.6.2. Role and Impact of Companies in the Electronic Weighing Scale Industry Ecosystem 2.7. Market Structure 2.7.1. Market Leaders 2.7.2. Market Followers 2.7.3. Emerging Players 2.8. Mergers and Acquisitions Details 3. Electronic Weighing Scale Market: Dynamics 3.1. Electronic Weighing Scale Market Trends 3.2. Electronic Weighing Scale Market Dynamics 3.2.1.1. Drivers 3.2.1.2. Restraints 3.2.1.3. Opportunities 3.2.1.4. Challenges 3.3. PORTER’s Five Forces Analysis 3.3.1. Customer Bargaining Power 3.3.2. Supplier Bargaining Power 3.3.3. Threat of New Entrants 3.3.4. Rivalry of Competitors 3.3.5. Threat of Substitute Products 3.4. PESTLE Analysis 3.5. Value Chain Analysis 3.6. Regulatory Landscape By Region 3.6.1. North America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4. South America 3.6.5. MEA 3.7. Key Opinion Leader Analysis for the Electronic Weighing Scale Industry 3.8. Technology Analysis 3.9. Consumer Analysis: Electronic Weighing Scale Market 3.10. Price Trend Analysis Electronic Weighing Scale Market 4. Electronic Weighing Scale Market: Global Market Size and Forecast By Segmentation (By Value in USD Mn) (2023-2030) 4.1. Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 4.1.1. Table top scale 4.1.2. Platform scale 4.1.3. Precision scale 4.1.4. Pocket scale 4.1.5. Others 4.2. Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 4.2.1. Industrial 4.2.2. Veterinary 4.2.3. Scientific/laboratory 4.2.4. Jewelry 4.2.5. Food & beverages 4.2.6. Health & fitness 4.2.7. Education/Research 4.2.8. Others 5. North America Electronic Weighing Scale Market Size and Forecast By Segmentation (By Value in USD Billion) (2023-2030) 5.1. North America Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 5.1.1. Table top scale 5.1.2. Platform scale 5.1.3. Precision scale 5.1.4. Pocket scale 5.1.5. Others 5.2. North America Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 5.2.1. Industrial 5.2.2. Veterinary 5.2.3. Scientific/laboratory 5.2.4. Jewelry 5.2.5. Food & beverages 5.2.6. Health & fitness 5.2.7. Education/Research 5.2.8. Others 5.3. North America Electronic Weighing Scale Market Size and Forecast, By Country (2023-2030) 5.3.1. United States 5.3.1.1. United States Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 5.3.1.1.1. Table top scale 5.3.1.1.2. Platform scale 5.3.1.1.3. Precision scale 5.3.1.1.4. Pocket scale 5.3.1.1.5. Others 5.3.1.2. United States Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 5.3.1.2.1. Industrial 5.3.1.2.2. Veterinary 5.3.1.2.3. Scientific/laboratory 5.3.1.2.4. Jewelry 5.3.1.2.5. Food & beverages 5.3.1.2.6. Health & fitness 5.3.1.2.7. Education/Research 5.3.1.2.8. Others 5.3.2. Canada 5.3.2.1. Canada Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 5.3.2.1.1. Table top scale 5.3.2.1.2. Platform scale 5.3.2.1.3. Precision scale 5.3.2.1.4. Pocket scale 5.3.2.1.5. Others 5.3.2.2. Canada Electronic Weighing Scale Market Size and Forecast, By End-User Vertical (2023-2030) 5.3.2.2.1. Industrial 5.3.2.2.2. Veterinary 5.3.2.2.3. Scientific/laboratory 5.3.2.2.4. Jewelry 5.3.2.2.5. Food & beverages 5.3.2.2.6. Health & fitness 5.3.2.2.7. Education/Research 5.3.2.2.8. Others 5.3.3. Mexico 5.3.3.1. Mexico Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 5.3.3.1.1. Table top scale 5.3.3.1.2. Platform scale 5.3.3.1.3. Precision scale 5.3.3.1.4. Pocket scale 5.3.3.1.5. Others 5.3.3.2. Mexico Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 5.3.3.2.1. Industrial 5.3.3.2.2. Veterinary 5.3.3.2.3. Scientific/laboratory 5.3.3.2.4. Jewelry 5.3.3.2.5. Food & beverages 5.3.3.2.6. Health & fitness 5.3.3.2.7. Education/Research 5.3.3.2.8. Others 6. Europe Electronic Weighing Scale Market Size and Forecast By Segmentation (By Value in USD Billion) (2023-2030) 6.1. Europe Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 6.2. Europe Electronic Weighing Scale Market Size and Forecast, By Country (2023-2030) 6.2.1. United Kingdom 6.2.1.1. United Kingdom Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 6.2.1.2. United Kingdom Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 6.2.2. France 6.2.2.1. France Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 6.2.2.2. France Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 6.2.3. Germany 6.2.3.1. Germany Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 6.2.3.2. Germany Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 6.2.4. Italy 6.2.4.1. Italy Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 6.2.4.2. Italy Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 6.2.5. Spain 6.2.5.1. Spain Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 6.2.5.2. Spain Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 6.2.6. Sweden 6.2.6.1. Sweden Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 6.2.6.2. Sweden Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 6.2.7. Austria 6.2.7.1. Austria Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 6.2.7.2. Austria Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 6.2.8. Rest of Europe 6.2.8.1. Rest of Europe Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 6.2.8.2. Rest of Europe Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 7. Asia Pacific Electronic Weighing Scale Market Size and Forecast By Segmentation (By Value in USD Billion) (2023-2030) 7.1. Asia Pacific Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 7.2. Asia Pacific Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 7.3. Asia Pacific Electronic Weighing Scale Market Size and Forecast, By Country (2023-2030) 7.3.1. China 7.3.1.1. China Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 7.3.1.2. China Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 7.3.2. S Korea 7.3.2.1. S Korea Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 7.3.2.2. S Korea Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 7.3.3. Japan 7.3.3.1. Japan Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 7.3.3.2. Japan Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 7.3.4. India 7.3.4.1. India Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 7.3.4.2. India Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 7.3.5. Australia 7.3.5.1. Australia Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 7.3.5.2. Australia Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 7.3.6. Rest of Asia Pacific 7.3.6.1. Rest of Asia Pacific Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 7.3.6.2. Rest of Asia Pacific Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 8. South America Electronic Weighing Scale Market Size and Forecast By Segmentation (By Value in USD Billion) (2023-2030) 8.1. South America Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 8.2. South America Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 8.3. South America Electronic Weighing Scale Market Size and Forecast, By Country (2023-2030) 8.3.1. Brazil 8.3.1.1. Brazil Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 8.3.1.2. Brazil Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 8.3.2. Argentina 8.3.2.1. Argentina Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 8.3.2.2. Argentina Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 8.3.3. Rest Of South America 8.3.3.1. Rest of South America Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 8.3.3.2. Rest of South America Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 9. Middle East and Africa Electronic Weighing Scale Market Size and Forecast By Segmentation (By Value USD Mn) (2023-2030) 9.1. Middle East and Africa Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 9.2. Middle East and Africa Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 9.3. Middle East and Africa Electronic Weighing Scale Market Size and Forecast, By Country (2023-2030) 9.3.1. South Africa 9.3.1.1. South Africa Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 9.3.1.2. South Africa Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 9.3.2. GCC 9.3.2.1. GCC Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 9.3.2.2. GCC Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 9.3.3. Rest Of MEA 9.3.3.1. Rest Of MEA Electronic Weighing Scale Market Size and Forecast, By Type(2023-2030) 9.3.3.2. Rest Of MEA Electronic Weighing Scale Market Size and Forecast, By End-User Vertical(2023-2030) 10. Company Profile: Key Players 10.1. Mettler Toledo International Inc. 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview (Total Revenue, Segment Revenue, and Regional Revenue) 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. KERN & SOHN 10.3. Minebea Intec 10.4. Samurai Scale 10.5. Adam Equipment Co. Ltd. 10.6. Shimadzu Corporation 10.7. Cardinal Scale 10.8. Rice Lake Weighing Systems 10.9. BONSO Electronics International, Inc. 10.10. Doran Scales, Inc. 10.11. Arlyn Scales 10.12. Aczet Pvt. Ltd. 10.13. Essae-Teraoka Pvt. Ltd. 10.14. Zhengzhou Dingheng Electronic Technology Co., Ltd. 10.15. Avery Weigh Tronix Ltd. 10.16. Leotronic Scale 10.17. Jadever scale co.ltd 10.18. Transtek Medical 10.19. HiWEIGH 10.20. Janner-Waagen GmbH 10.21. PCE Instruments 11. Key Findings 12. Analyst Recommendations 12.1. Attractive Opportunities for Players in the Electronic Weighing Scale Market 12.2. Future Outlooks 13. Electronic Weighing Scale Market: Research Methodology
