Electronic Weighing Machine Market Scope and Size by 2031
An electronic weighing machine is a gadget that is used to measure the weight of an object or a person by converting the force of weight into electric signals. It has multiple in-built sensors known as load-cells that sense an object's weight and convert them into electronic signals for processing. The processor receives these signals and displays the weight on the LCD. Electronic weighing machines are more accurate than analog weighing machines. Moreover, these machines are compact, easy to use, portable, reliable, and flexible in measuring all types of weights. Therefore, these machines are used across different sectors.
MARKET DYNAMICS
The growing demand for electronic weighing machines due to their accuracy in weighing different kinds of weights, portability, flexibility, and reliability is driving the market growth. Moreover, rising automation across various industries and shifting consumers' preference from traditional gadgets to technologically advanced digital devices are the factors expected to boost the market growth. Besides, these machines can measure different weights and consist of various measurement units from grams to ounces, making them more flexible. This factor has increased the popularity of electronic weighing machines across different sectors.
MARKET SCOPE
The "Global Electronic Weighing Machine Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductors industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the electronic weighing machine market with detailed market segmentation by application and type. The global electronic weighing machine market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electronic weighing machine market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global electronic weighing machine market is segmented into application and type. By application, the electronic weighing machine market is classified into Laboratory Scale, Gem and Jewelry Scale, Retail Scale, Health Scale, and Others. By type, the electronic weighing machine market is classified into Table-top Scale, Platform Scale, Pocket Scale, and Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global electronic weighing machine market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The electronic weighing machine market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the electronic weighing machine market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the electronic weighing machine market in these regions.
Have a question?
Shejal
Shejal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global electronic weighing machine market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The electronic weighing machine market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the electronic weighing machine market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the electronic weighing machine market in these regions.
MARKET PLAYERS
The report covers vital developments in the electronic weighing machine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the electronic weighing machine market are anticipated to lucrative growth opportunities in the future with the rising demand for electronic weighing machine in the global market. Below mentioned is the list of few companies engaged in the electronic weighing machine market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the electronic weighing machine market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Kern & Sohn GmbH
- Fairbanks Scales Inc.
- A&D Company, Ltd.
- Essae-Teraoka Pvt. Ltd.
- Doran Scales, Inc.
- Avery Weigh-Tronix, LLC
- BONSO Electronics International Inc.
- Shimadzu Corporation
- Mettler-Toledo International, Inc.
- Sartorius Group
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electronic Weighing Machine Market - By Application
1.3.2 Electronic Weighing Machine Market - By Type
1.3.3 Electronic Weighing Machine Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ELECTRONIC WEIGHING MACHINE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ELECTRONIC WEIGHING MACHINE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ELECTRONIC WEIGHING MACHINE MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRONIC WEIGHING MACHINE - GLOBAL MARKET OVERVIEW
6.2. ELECTRONIC WEIGHING MACHINE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ELECTRONIC WEIGHING MACHINE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. LABORATORY SCALE
7.3.1. Overview
7.3.2. Laboratory Scale Market Forecast and Analysis
7.4. GEM AND JEWELLERY SCALE
7.4.1. Overview
7.4.2. Gem and Jewellery Scale Market Forecast and Analysis
7.5. RETAIL SCALE
7.5.1. Overview
7.5.2. Retail Scale Market Forecast and Analysis
7.6. HEALTH SCALE
7.6.1. Overview
7.6.2. Health Scale Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. ELECTRONIC WEIGHING MACHINE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
8.1. OVERVIEW
8.2. TYPE MARKET FORECASTS AND ANALYSIS
8.3. TABLE-TOP SCALE
8.3.1. Overview
8.3.2. Table-Top Scale Market Forecast and Analysis
8.4. PLATFORM SCALE
8.4.1. Overview
8.4.2. Platform Scale Market Forecast and Analysis
8.5. POCKET SCALE
8.5.1. Overview
8.5.2. Pocket Scale Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. ELECTRONIC WEIGHING MACHINE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Electronic Weighing Machine Market Overview
9.1.2 North America Electronic Weighing Machine Market Forecasts and Analysis
9.1.3 North America Electronic Weighing Machine Market Forecasts and Analysis - By Application
9.1.4 North America Electronic Weighing Machine Market Forecasts and Analysis - By Type
9.1.5 North America Electronic Weighing Machine Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Electronic Weighing Machine Market
9.1.5.1.1 Canada Electronic Weighing Machine Market by Application
9.1.5.1.2 Canada Electronic Weighing Machine Market by Type
9.1.5.2 Mexico Electronic Weighing Machine Market
9.1.5.2.1 Mexico Electronic Weighing Machine Market by Application
9.1.5.2.2 Mexico Electronic Weighing Machine Market by Type
9.1.5.3 US Electronic Weighing Machine Market
9.1.5.3.1 US Electronic Weighing Machine Market by Application
9.1.5.3.2 US Electronic Weighing Machine Market by Type
9.2. EUROPE
9.2.1 Europe Electronic Weighing Machine Market Overview
9.2.2 Europe Electronic Weighing Machine Market Forecasts and Analysis
9.2.3 Europe Electronic Weighing Machine Market Forecasts and Analysis - By Application
9.2.4 Europe Electronic Weighing Machine Market Forecasts and Analysis - By Type
9.2.5 Europe Electronic Weighing Machine Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Electronic Weighing Machine Market
9.2.5.1.1 Germany Electronic Weighing Machine Market by Application
9.2.5.1.2 Germany Electronic Weighing Machine Market by Type
9.2.5.2 France Electronic Weighing Machine Market
9.2.5.2.1 France Electronic Weighing Machine Market by Application
9.2.5.2.2 France Electronic Weighing Machine Market by Type
9.2.5.3 Italy Electronic Weighing Machine Market
9.2.5.3.1 Italy Electronic Weighing Machine Market by Application
9.2.5.3.2 Italy Electronic Weighing Machine Market by Type
9.2.5.4 United Kingdom Electronic Weighing Machine Market
9.2.5.4.1 United Kingdom Electronic Weighing Machine Market by Application
9.2.5.4.2 United Kingdom Electronic Weighing Machine Market by Type
9.2.5.5 Poland Electronic Weighing Machine Market
9.2.5.5.1 Poland Electronic Weighing Machine Market by Application
9.2.5.5.2 Poland Electronic Weighing Machine Market by Type
9.2.5.6 Rest of Europe Electronic Weighing Machine Market
9.2.5.6.1 Rest of Europe Electronic Weighing Machine Market by Application
9.2.5.6.2 Rest of Europe Electronic Weighing Machine Market by Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Electronic Weighing Machine Market Overview
9.3.2 Asia-Pacific Electronic Weighing Machine Market Forecasts and Analysis
9.3.3 Asia-Pacific Electronic Weighing Machine Market Forecasts and Analysis - By Application
9.3.4 Asia-Pacific Electronic Weighing Machine Market Forecasts and Analysis - By Type
9.3.5 Asia-Pacific Electronic Weighing Machine Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Electronic Weighing Machine Market
9.3.5.1.1 Australia Electronic Weighing Machine Market by Application
9.3.5.1.2 Australia Electronic Weighing Machine Market by Type
9.3.5.2 China Electronic Weighing Machine Market
9.3.5.2.1 China Electronic Weighing Machine Market by Application
9.3.5.2.2 China Electronic Weighing Machine Market by Type
9.3.5.3 Japan Electronic Weighing Machine Market
9.3.5.3.1 Japan Electronic Weighing Machine Market by Application
9.3.5.3.2 Japan Electronic Weighing Machine Market by Type
9.3.5.4 South Korea Electronic Weighing Machine Market
9.3.5.4.1 South Korea Electronic Weighing Machine Market by Application
9.3.5.4.2 South Korea Electronic Weighing Machine Market by Type
9.3.5.5 Rest of Asia-Pacific Electronic Weighing Machine Market
9.3.5.5.1 Rest of Asia-Pacific Electronic Weighing Machine Market by Application
9.3.5.5.2 Rest of Asia-Pacific Electronic Weighing Machine Market by Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Electronic Weighing Machine Market Overview
9.4.2 Middle East and Africa Electronic Weighing Machine Market Forecasts and Analysis
9.4.3 Middle East and Africa Electronic Weighing Machine Market Forecasts and Analysis - By Application
9.4.4 Middle East and Africa Electronic Weighing Machine Market Forecasts and Analysis - By Type
9.4.5 Middle East and Africa Electronic Weighing Machine Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Electronic Weighing Machine Market
9.4.5.1.1 South Africa Electronic Weighing Machine Market by Application
9.4.5.1.2 South Africa Electronic Weighing Machine Market by Type
9.4.5.2 Saudi Arabia Electronic Weighing Machine Market
9.4.5.2.1 Saudi Arabia Electronic Weighing Machine Market by Application
9.4.5.2.2 Saudi Arabia Electronic Weighing Machine Market by Type
9.4.5.3 U.A.E Electronic Weighing Machine Market
9.4.5.3.1 U.A.E Electronic Weighing Machine Market by Application
9.4.5.3.2 U.A.E Electronic Weighing Machine Market by Type
9.4.5.4 Rest of Middle East and Africa Electronic Weighing Machine Market
9.4.5.4.1 Rest of Middle East and Africa Electronic Weighing Machine Market by Application
9.4.5.4.2 Rest of Middle East and Africa Electronic Weighing Machine Market by Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Electronic Weighing Machine Market Overview
9.5.2 South and Central America Electronic Weighing Machine Market Forecasts and Analysis
9.5.3 South and Central America Electronic Weighing Machine Market Forecasts and Analysis - By Application
9.5.4 South and Central America Electronic Weighing Machine Market Forecasts and Analysis - By Type
9.5.5 South and Central America Electronic Weighing Machine Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Electronic Weighing Machine Market
9.5.5.1.1 Brazil Electronic Weighing Machine Market by Application
9.5.5.1.2 Brazil Electronic Weighing Machine Market by Type
9.5.5.2 Argentina Electronic Weighing Machine Market
9.5.5.2.1 Argentina Electronic Weighing Machine Market by Application
9.5.5.2.2 Argentina Electronic Weighing Machine Market by Type
9.5.5.3 Rest of South and Central America Electronic Weighing Machine Market
9.5.5.3.1 Rest of South and Central America Electronic Weighing Machine Market by Application
9.5.5.3.2 Rest of South and Central America Electronic Weighing Machine Market by Type
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ELECTRONIC WEIGHING MACHINE MARKET, KEY COMPANY PROFILES
11.1. KERN AND SOHN GMBH
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. FAIRBANKS SCALES INC
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. A AND D COMPANY LTD
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. ESSAE-TERAOKA PVT LTD
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. DORAN SCALES INC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. AVERY WEIGH-TRONIX LLC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. BONSO ELECTRONICS INTERNATIONAL INC
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SHIMADZU CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. METTLER-TOLEDO INTERNATIONAL INC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SARTORIUS GROUP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Kern and Sohn GmbH
2. Fairbanks Scales Inc
3. A and D Company Ltd
4. Essae-Teraoka Pvt Ltd
5. Doran Scales Inc
6. Avery Weigh-Tronix LLC
7. BONSO Electronics International Inc
8. Shimadzu Corporation
9. Mettler-Toledo International Inc
10. Sartorius Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For