Global Electronic Weighing Scales Market by Product Types, End-Users, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026
The Global Electronic Weighing Scales market was valued at USD 5.30 billion in 2019, and now it is projected to reach USD 7.26 billion by 2026, growing at a CAGR of 4.60%, during the forecast period, 2020–2026. The electronic weighing scale is selected more by the end users such as Gem and Jewelry, Retail Health and Industrial sector compare to the conventional scale that is spring scales or balances due to its impressive durability, compactness and accuracy. These advantages are the key driving factors for the market growth.
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Electronic weighing scales are measuring instruments utilized for determining the weight or mass of an object. These scales are used in wide-ranging industrial as well commercial products and applications. Weighing is fundamental process to every business, when checking goods in quantifying products for sale or monitoring processes, weight is a crucial tool in maintaining quality, controlling costs, and identifying efficiency. Surging requirement for determining the precise weight of an object is driving the growth prospects of the global electronic weighing scales market worldwide.
Market Trends, Drivers, Restraints, and Opportunities:
- The electronic weighing scales are useful for different purposes from measuring ingredients in the kitchen to the precise measurement of substances in a laboratory. This is expected to drive the market growth, during the forecast period.
- Growing dependence on the electronic weighing scales in several application areas supermarkets, kitchens, hospitals, pharmacies, laboratories, etc. is increasing at a substantial rate, which, in turn anticipated to propel the market growth throughout the forecast period.
- Moreover, conventional scales wear out and gives erroneous reading over a certain period that encourage end users to use electronic weighing scales.
- Surging requirement for determining the precise weight of an object is driving the growth prospects of the global electronic weighing scales market worldwide.
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Competitive Landscape:
Key players include Adam Equipment Co. Ltd., Avery Weigh Tronix Ltd., A&D Company Limited, Aczet Pvt. Ltd., Atrax Group NZ, Arlyn Scales, Cardinal Scale Manufacturing Company, Contech Instruments Ltd., D Brash & Sons Ltd., Doran Scales, Inc., Fairbanks Scales, KERN & SOHN GmbH, Mettler-Toledo, LLC, Rice Lake Weighing Systems, Tanita Corporation, The Essae Group, and, Weightron Bilanciai.
The Global Electronic Weighing Scales Market has been segmented on the basis of:
Product Types
- Crane Scales
- Pallet Truck Scales
- Platform Scales
- Precision Scales
- Table Top Scales
- Others
End-Users
- Healthcare
- Industrial
- Jewelry
- Laboratory
- Retail
- Vet/Animal
- Others
Regions
- Asia-Pacific
- North America
- Europe
- Latin America
- Middle East & Africa
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Table of Contents
- Executive Summary
- Assumptions and Acronyms Used
- Research Methodology
- Electronic Weighing Scales Market Overview
- Global Electronic Weighing Scales Market Analysis and Forecast by Type
- Global Electronic Weighing Scales Market Analysis and Forecast by Application
- Global Electronic Weighing Scales Market Analysis and Forecast by Sales Channel
- Global Electronic Weighing Scales Market Analysis and Forecast by Region
- North Electronic Weighing Scales Market Analysis and Forecast
- Latin Electronic Weighing Scales Market Analysis and Forecast
- Europe Electronic Weighing Scales Market Analysis and Forecast
- Asia Pacific Electronic Weighing Scales Market Analysis and Forecast
- Middle East & Africa Electronic Weighing Scales Market Analysis and Forecast
- Competition Landscape
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