Global Electronic Weighing Machines Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Published Date: May 2, 2021 |

The global electronic weighing machines market size is accounted to grow at a significant CAGR of 3% during the forecast period 2021 to 2027 and expected to reach at around USD 5 billion by 2027. The rising automation in various industry verticals across the globe is a primary factor to drive market growth. The rising technological advancement and increasing need to maintain precision in the process are some other factors to drive the market.

Furthermore, the increasing adoption of electronic measuring machines for testing and measurement of material is expected to fuel the market. In addition, the need to replace old and obsolete measuring devices with the latest and advanced electronic measuring devices with better product design and quicker production is projected to boost the market over the forecast period.

Market Segment Insights:

The global electronic weighing machines market is bifurcated into type, application, distribution channel, and geography. On the basis of application, the market is further segmented into Laboratory, Gem and Jewelry, Retail, Health, Kitchen, and Other scales. The retails scale segment is accounted as the largest market segment in 2020 and accounted to hold a major market share around one-third of the market. The rapid growth in urbanization and the increasing number of retail stores are some major factors to drive the segment growth across the globe. In contrast, the laboratory scale segment is expected to grow at the fastest growth rate over the forecast period due to increasing research activities in the pharmaceutical industry.

By distribution channel, the electronic weighing machines market is divided into the offline and online channel. The offline channel segment dominated the market in 2020 and accounted to hold a major market share of around 95% of the market. The segment includes retail stores, distributors, specialty stores, and supermarkets. Due to the quality check and product functionality check, the consumer prefers to buy these machines from offline stores. On the other hand, the online channel is accounted to grow at a significant growth rate over the forecast period due to the availability of a wide range of products with multiple brand availability and price discounts.

Electronic Weighing Machines Market Size

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The electronic weighing machines comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The electronic weighing machines market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Electronic Weighing Machines Market Segmentation:

By Type:

  • Table Top Scale
  • Platform Scale
  • Precision Scale
  • Pocket Scale
  • Others

By Application:

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

By Distribution Channel:

  • Online
  • Offline

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

Geographically, the electronic weighing machines market report comprises dedicated sections centering on the regional market revenue and trends. The electronic weighing machines market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The electronic weighing machines market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Electronic weighing machines market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Market Competition Assessment:

Key players operating in the global electronic weighing machines market are Tanita, A&D Engineering, Fairbanks Scales, Adam Equipment, and Essae group. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Tanita
  • A&D Engineering
  • Fairbanks Scales
  • Adam Equipment
  • Essae group
  • KERN & SOHN GmbH
  • Mettler Toredo
  • Contech Instruments Ltd.
  • Avery Weigh Tronix LLC
  • Rice Lake Weighing Systems

Key Questions Answered by Electronic Weighing Machines Market Report:

  • Global electronic weighing machines market forecasts from 2021-2027
  • Regional electronic weighing machines market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Electronic weighing machines submarket forecasts from 2021-2027 covering the market by type, by application, by distribution channel, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the electronic weighing machines market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level electronic weighing machines markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the electronic weighing machines market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Electronic Weighing Machines Market Portraiture
2.2. Global Electronic Weighing Machines Market, by Type, 2020 (USD Mn)
2.3. Global Electronic Weighing Machines Market, by Application, 2020 (USD Mn)
2.4. Global Electronic Weighing Machines Market, by Distribution Channel, 2020 (USD Mn)
2.5. Global Electronic Weighing Machines Market, by Geography, 2020 (USD Mn)

 

3. Global Electronic Weighing Machines Market Analysis


3.1. Electronic Weighing Machines Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. COVID-19 Impact Analysis
3.6.1. V Shaped Recovery
3.6.2. U Shaped Recovery
3.6.3. L Shaped Recovery
3.6.4. W Shaped Recovery

 

4. Global Electronic Weighing Machines Market By Type, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Table Top Scale
4.3. Platform Scale
4.4. Precision Scale
4.5. Pocket Scale
4.6. Others

 

5. Global Electronic Weighing Machines Market By Application, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Laboratory Scale
5.3. Gem and Jewelry Scale
5.4. Retail Scale
5.5. Health Scale
5.6. Kitchen Scale
5.7. Others

 

6. Global Electronic Weighing Machines Market By Distribution Channel, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Online
6.3. Offline

 

7. North America Electronic Weighing Machines Market Analysis and Forecast, 2018 – 2027 (USD Mn)


7.1.1. Overview
7.1.2. North America Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
7.1.3. North America Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
7.1.4. North America Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
7.1.5. North America Electronic Weighing Machines Market by Country (2018-2027 USD Mn)
7.1.5.1. U.S.
7.1.5.1.1. U.S. Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
7.1.5.1.2. U.S. Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
7.1.5.1.3. U.S. Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
7.1.5.2. Canada
7.1.5.2.1. Canada Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
7.1.5.2.2. Canada Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
7.1.5.2.3. Canada Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)

 

8. Europe Electronic Weighing Machines Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. Europe Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
8.1.3. Europe Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
8.1.4. Europe Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
8.1.5. Europe Electronic Weighing Machines Market by Country (2018-2027 USD Mn)
8.1.5.1. Germany
8.1.5.1.1. Germany Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
8.1.5.1.2. Germany Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
8.1.5.1.3. Germany Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
8.1.5.2. U.K.
8.1.5.2.1. U.K. Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
8.1.5.2.2. U.K. Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
8.1.5.2.3. U.K. Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
8.1.5.3. France
8.1.5.3.1. France Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
8.1.5.3.2. France Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
8.1.5.3.3. France Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
8.1.5.4. Italy
8.1.5.4.1. Italy Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
8.1.5.4.2. Italy Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
8.1.5.4.3. Italy Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
8.1.5.5. Rest of Europe
8.1.5.5.1. Rest of Europe Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
8.1.5.5.2. Rest of Europe Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
8.1.5.5.3. Rest of Europe Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)

 

9. Asia Pacific Electronic Weighing Machines Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Asia Pacific Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
9.1.3. Asia Pacific Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
9.1.4. Asia Pacific Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
9.1.5. Asia Pacific Electronic Weighing Machines Market by Country (2018-2027 USD Mn)
9.1.5.1. China
9.1.5.1.1. China Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
9.1.5.1.2. China Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
9.1.5.1.3. China Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
9.1.5.2. Japan
9.1.5.2.1. Japan Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
9.1.5.2.2. Japan Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
9.1.5.2.3. Japan Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
9.1.5.3. Rest of Asia Pacific
9.1.5.3.1. Rest of Asia Pacific Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
9.1.5.3.2. Rest of Asia Pacific Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
9.1.5.3.3. Rest of Asia Pacific Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)

 

10. Latin America (LATAM) Electronic Weighing Machines Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Latin America Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
10.1.3. Latin America Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
10.1.4. Latin America Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
10.1.5. Latin America Electronic Weighing Machines Market by Country (2018-2027 USD Mn)
10.1.5.1. Brazil
10.1.5.1.1. Brazil Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
10.1.5.1.2. Brazil Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
10.1.5.1.3. Brazil Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
10.1.5.2. Mexico
10.1.5.2.1. Mexico Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
10.1.5.2.2. Mexico Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
10.1.5.2.3. Mexico Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
10.1.5.3. Rest of Latin America
10.1.5.3.1. Rest of Latin America Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
10.1.5.3.2. Rest of Latin America Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
10.1.5.3.3. Rest of Latin America Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)

 

11. Middle East and Africa Electronic Weighing Machines Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. MEA Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
11.1.3. MEA Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
11.1.4. MEA Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
11.1.5. Middle East and Africa Electronic Weighing Machines Market, by Country (2018-2027 USD Mn)
11.1.5.1. GCC
11.1.5.1.1. GCC Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
11.1.5.1.2. GCC Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
11.1.5.1.3. GCC Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)
11.1.5.2. Rest of MEA
11.1.5.2.1. Rest of MEA Electronic Weighing Machines Market by Type (2018-2027 USD Mn)
11.1.5.2.2. Rest of MEA Electronic Weighing Machines Market by Application (2018-2027 USD Mn)
11.1.5.2.3. Rest of MEA Electronic Weighing Machines Market by Distribution Channel (2018-2027 USD Mn)

 

12. Company Profiles


12.1. Tanita
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. A&D Engineering
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. Fairbanks Scales
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. Adam Equipment
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. Essae group
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. KERN & SOHN GmbH
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Mettler Toredo
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Contech Instruments Ltd.
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Avery Weigh Tronix LLC
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. Rice Lake Weighing Systems
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
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