Electronic Weighing Machine Market Report 2022-2027, Size, Share, Growth, Trends and Forecast

According to IMARC Group’s latest report, titled “Electronic Weighing Machine Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” Offers a comprehensive analysis of the industry, which comprises insights on electronic weighing machines market.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

The global electronic weighing machines market is expected to exhibit a CAGR of 3.6% during 2022-2027. Electronic weighing machines refer to devices used for measuring the weight or mass of an object. Common types of appliances include gem and jewelry scale, retail scale, laboratory scale, and health scale. Electronic weighing machines consist of a load cell transducer, signal conditioner, microchip, liquid crystal display (LCD), and a software program that provides feedback regarding the weight. The transducer measures the weight and alters it into electrical signals, which are further processed and shown on the LCD screen in a decipherable format. Electronic weighing machines are more durable, compact, and accurate than analog or spring variants.

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Market Trends

The escalating product need across various industries, such as manufacturing, food and beverage (F&B), education, medical, gems, and jewelry, is among the primary factors driving the electronic weighing machines market. Besides this, the rising health consciousness among the masses and the increasing prevalence of obesity and other weight-related disorders are further augmenting the market growth. Moreover, the launch of the internet of things (IoT)-integrated weighing scales that have multiple units of measurement and offer enhanced portability, ease of calibration, durability, and reliability is also catalyzing the global market. Apart from this, the introduction of water-resistant variants by the leading manufacturers with backlit LCD and titanium platforms is acting as another significant growth-inducing factor. Additionally, the expanding retail industry across the globe is also stimulating the market growth. Furthermore, the elevating industrialization levels and the extensive utilization of tabletop products for veterinary applications are expected to bolster the electronic weighing machines market in the coming years. 

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List of Key Companies Covered in this Market Report:

A&D Company Limited (TYO: 7745)
Avery Weigh-Tronix LLC. (Illinois Tool Works Inc.)
BONSO Electronics International Inc.(NASDAQ: BNSO)
Doran Scales Inc.
Essae-Teraoka Pvt. Ltd.
Fairbanks Scales Inc.
Kern & Sohn GmbH
Mettler-Toledo International Inc. (NYSE: MTD)
Sartorius AG (ETR: SRT)
Shimadzu Corporation (TYO: 7701)

The report has segmented the market on the basis of type, distribution channel and geography.

Breakup by Type:

Laboratory Scale
Gem and Jewelry Scale
Retail Scale
Health Scale
Kitchen Scale
Others

Breakup by Distribution Channel:

Online
Offline

Breakup by Geography:

North America (U.S. & Canada)
Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
Latin America (Brazil, Mexico)
Middle East & Africa

Key highlights of the report:

Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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