Market Overview:
The global electronic weighing scales market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electronic weighing scales from various end-use industries, such as laboratory, gem & jewelry, retail, health, industrial and veterinary sectors. In addition, the growing awareness about the benefits of using electronic weighing scales is also contributing to the growth of this market. Based on type, the global electronic weighing scales market can be segmented into table top scale, platform scale precision scale and pocket scale. Among these segments, table top scale held a dominant position in 2017 and is expected to maintain its dominance during the forecast period as well. This segment is projected to grow at a CAGR of 5% during 2018-2030 owing to its low cost and easy operability features. Based on application type; laboratory scales accounted for majority share in 2017 followed by gem & jewelry scales which are projected witness highest CAGR over next 10 years .Regionally North America dominated Global Electronic Weighing Scales Market with highest revenue share contribution in 2017 , while Asia Pacific region is anticipated exhibit fastest growth rate over forecast period .Some of key players operating global Electronic Weighing Scales Market includes Avery Weigh-Tronix Ltd., Mettler Toledo International Inc., Adam Equipment Co.
Product Definition:
An electronic weighing scale is a device used to measure the weight of an object. The importance of electronic weighing scales lies in their accuracy and precision.
Table Top Scale:
The global table top scale market size was valued at USD 0.91 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Platform Scale:
Platform scale is a type of electronic weighing machine that can weigh an object on the move. It is different from the conventional counterbalanced or fixed platform scales, as it allows operators to scan and transfer data in real-time without any disruption in operations. The scanning operation can be carried out by moving the entire platform or just a part of it (e.g., rail, tare).
Application Insights:
Laboratory scales dominated the overall application segment with a share of over 80.0% in 2017. The major factor contributing to this large share is that these scales are used for weighing various lab specimens, which include drugs, chemicals, and biological materials. These types of electronic weighing instruments are required in laboratories where precise weight measurements are required on a regular basis and need to be done within reasonable limits of accuracy.
The gem & jewelry scale segment is expected to register the fastest CAGR from 2018 to 2030 owing to increasing demand for precious stones & jewelry among consumers across the globe.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing adoption of weighing scales for personal and professional use, high purchasing power of consumers, and rising awareness about health & safety among consumers.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid industrialization along with expansion of manufacturing facilities in emerging economies such as China and India. Rising demand for consumer goods along with growing healthcare industry will drive electronic weighing scales market growth over the next eight years in Asia Pacific region as well as other developing regions such as Latin America and Middle East Africa during 2018 - 2030 periods respectively.
Growth Factors:
- Increasing demand for accuracy and precision in weight measurements
- Rapid growth of e-commerce and online retailing
- Rising awareness about the benefits of using electronic weighing scales
- Growing popularity of health and fitness consciousness among consumers
- Proliferation of digital technologies that have made electronic weighing scales more affordable and accessible to a wider audience
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Weighing Scales Market Research Report
By Type
Table Top Scale, Platform Scale, Precision Scale, Pocket Scale, Others
By Application
Laboratory Scales, Gem & Jewelry Scales, Retail Scales, Health Scales, Industrial Scales, Veterinary Scales
By Companies
Tanita, A&D Engineering, Fairbanks Scales, Adam Equipment, Essae group, Kern & Sohn, Mettler Toredo, Contech Instruments, Avery Weigh Tronix, Rice Lake Weighing Systems, Cardinal Scale Manufacturing, Doran Scales, Aczet, ATRAX, D Brash & Sons, Easiweigh, Yes Yes Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Weighing Scales Market Report Segments:
The global Electronic Weighing Scales market is segmented on the basis of:
Types
Table Top Scale, Platform Scale, Precision Scale, Pocket Scale, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Laboratory Scales, Gem & Jewelry Scales, Retail Scales, Health Scales, Industrial Scales, Veterinary Scales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tanita
- A&D Engineering
- Fairbanks Scales
- Adam Equipment
- Essae group
- Kern & Sohn
- Mettler Toredo
- Contech Instruments
- Avery Weigh Tronix
- Rice Lake Weighing Systems
- Cardinal Scale Manufacturing
- Doran Scales
- Aczet
- ATRAX
- D Brash & Sons
- Easiweigh
- Yes Yes Technologies
Highlights of The Electronic Weighing Scales Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Table Top Scale
- Platform Scale
- Precision Scale
- Pocket Scale
- Others
- By Application:
- Laboratory Scales
- Gem & Jewelry Scales
- Retail Scales
- Health Scales
- Industrial Scales
- Veterinary Scales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Weighing Scales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic weighing scales are devices that measure weight in kilograms or pounds. They use a sensor to detect the weight of an object and then calculate the weight in either kilograms or pounds.
Some of the major companies in the electronic weighing scales market are Tanita, A&D Engineering, Fairbanks Scales, Adam Equipment, Essae group, Kern & Sohn, Mettler Toredo, Contech Instruments, Avery Weigh Tronix, Rice Lake Weighing Systems, Cardinal Scale Manufacturing, Doran Scales, Aczet, ATRAX, D Brash & Sons, Easiweigh, Yes Yes Technologies.
The electronic weighing scales market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronic Weighing Scales Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electronic Weighing Scales Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronic Weighing Scales Market - Supply Chain
4.5. Global Electronic Weighing Scales Market Forecast
4.5.1. Electronic Weighing Scales Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronic Weighing Scales Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electronic Weighing Scales Market Absolute $ Opportunity
5. Global Electronic Weighing Scales Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electronic Weighing Scales Market Size and Volume Forecast by Type
5.3.1. Table Top Scale
5.3.2. Platform Scale
5.3.3. Precision Scale
5.3.4. Pocket Scale
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electronic Weighing Scales Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electronic Weighing Scales Market Size and Volume Forecast by Application
6.3.1. Laboratory Scales
6.3.2. Gem & Jewelry Scales
6.3.3. Retail Scales
6.3.4. Health Scales
6.3.5. Industrial Scales
6.3.6. Veterinary Scales
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electronic Weighing Scales Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electronic Weighing Scales Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electronic Weighing Scales Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electronic Weighing Scales Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electronic Weighing Scales Demand Share Forecast, 2019-2026
9. North America Electronic Weighing Scales Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electronic Weighing Scales Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electronic Weighing Scales Market Size and Volume Forecast by Application
9.4.1. Laboratory Scales
9.4.2. Gem & Jewelry Scales
9.4.3. Retail Scales
9.4.4. Health Scales
9.4.5. Industrial Scales
9.4.6. Veterinary Scales
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electronic Weighing Scales Market Size and Volume Forecast by Type
9.7.1. Table Top Scale
9.7.2. Platform Scale
9.7.3. Precision Scale
9.7.4. Pocket Scale
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electronic Weighing Scales Demand Share Forecast, 2019-2026
10. Latin America Electronic Weighing Scales Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electronic Weighing Scales Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electronic Weighing Scales Market Size and Volume Forecast by Application
10.4.1. Laboratory Scales
10.4.2. Gem & Jewelry Scales
10.4.3. Retail Scales
10.4.4. Health Scales
10.4.5. Industrial Scales
10.4.6. Veterinary Scales
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electronic Weighing Scales Market Size and Volume Forecast by Type
10.7.1. Table Top Scale
10.7.2. Platform Scale
10.7.3. Precision Scale
10.7.4. Pocket Scale
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electronic Weighing Scales Demand Share Forecast, 2019-2026
11. Europe Electronic Weighing Scales Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electronic Weighing Scales Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electronic Weighing Scales Market Size and Volume Forecast by Application
11.4.1. Laboratory Scales
11.4.2. Gem & Jewelry Scales
11.4.3. Retail Scales
11.4.4. Health Scales
11.4.5. Industrial Scales
11.4.6. Veterinary Scales
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electronic Weighing Scales Market Size and Volume Forecast by Type
11.7.1. Table Top Scale
117.2. Platform Scale
11.7.3. Precision Scale
11.7.4. Pocket Scale
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electronic Weighing Scales Demand Share, 2019-2026
12. Asia Pacific Electronic Weighing Scales Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electronic Weighing Scales Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electronic Weighing Scales Market Size and Volume Forecast by Application
12.4.1. Laboratory Scales
12.4.2. Gem & Jewelry Scales
12.4.3. Retail Scales
12.4.4. Health Scales
12.4.5. Industrial Scales
12.4.6. Veterinary Scales
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electronic Weighing Scales Market Size and Volume Forecast by Type
12.7.1. Table Top Scale
12.7.2. Platform Scale
12.7.3. Precision Scale
12.7.4. Pocket Scale
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electronic Weighing Scales Demand Share, 2019-2026
13. Middle East & Africa Electronic Weighing Scales Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electronic Weighing Scales Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electronic Weighing Scales Market Size and Volume Forecast by Application
13.4.1. Laboratory Scales
13.4.2. Gem & Jewelry Scales
13.4.3. Retail Scales
13.4.4. Health Scales
13.4.5. Industrial Scales
13.4.6. Veterinary Scales
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electronic Weighing Scales Market Size and Volume Forecast by Type
13.7.1. Table Top Scale
13.7.2. Platform Scale
13.7.3. Precision Scale
13.7.4. Pocket Scale
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electronic Weighing Scales Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electronic Weighing Scales Market: Market Share Analysis
14.2. Electronic Weighing Scales Distributors and Customers
14.3. Electronic Weighing Scales Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tanita
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. A&D Engineering
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fairbanks Scales
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Adam Equipment
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Essae group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kern & Sohn
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mettler Toredo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Contech Instruments
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Avery Weigh Tronix
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Rice Lake Weighing Systems
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cardinal Scale Manufacturing
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Doran Scales
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Aczet
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ATRAX
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. D Brash & Sons
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Easiweigh
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Yes Yes Technologies
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
