Global Electronic Weighing Scales Strategic Analysis Report 2023-2030 with Focus on 135+ Select Players - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Electronic Weighing Scales - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Electronic Weighing Scales Market to Reach $7.5 Billion by 2030
The global market for Electronic Weighing Scales estimated at US$4.8 Billion in the year 2022, is projected to reach a revised size of US$7.5 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030.
Table Top Scales, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$3 Billion by the end of the analysis period. Growth in the Platform Scales segment is estimated at 4.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 7.4% CAGR
The Electronic Weighing Scales market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 4.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.
What's New?
- Special discussions on the global economic climate and market sentiment
- Coverage on global competitiveness and key competitor percentage market shares
- Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and trademarked research platform
- Complimentary updates for one year
- Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Key Attributes:
Report Attribute | Details |
No. of Pages | 495 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $4.8 Billion |
Forecasted Market Value (USD) by 2030 | $7.5 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- Electronic Weighing Scales - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- An Introduction to Electronic Weighing Scales
- Select Segments
- Industrial Weighing Scales
- Retail Weighing Scales
- Health Scales
- Laboratory Scales
- Impact of Covid-19 and a Looming Global Recession
- 2020 Marked as a Year of Disruption & Transformation
- Omicron Spreads Panic Worldwide; Omicron Variant Brings Back Memories & Fears of the Worst Part of the 2020 Pandemic
- Short-term Impact of Omicron on Travel
- Steps taken by the Countries to Prevent Transmission of Omicron Variant
- With IMF Making an Upward Revision of Global GDP for 2021, Companies Are Bullish About an Economic Comeback Despite a Continuing Pandemic
- A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Cross Laminated Timber (CLT) Market Remains Strongly Influenced by Trends in the Construction Sector
- GLOBAL MARKET OVERVIEW AND ANALYSIS
- Global Electronic Weighing Machines Market Set to Witness Steady Growth in Future
- US and Europe Dominate, Asia-Pacific to Witness Fastest Growth
- Tabletop Electronic Weighing Scales, Platform Scales Grow Faster
- Industrial Weighing Scales Dominate the Market
- Retail Scale & Offline Distribution: Heavyweight Segments of Global Electronic Weighing Machines Market
- Electronic Weighing Machines Market: Salient Drivers & Restraints
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Improved Economic Activity and Increased Emphasis on Maintaining Precision in Weighing Drives Market Growth
- Increased Advantages over Analog Weighing Scales Propel Market Growth
- Weighing Technology Advancements Spur Market Expansion
- Shift from Manual to Automated Solutions: A Prominent Trend in the Market
- Manufacturing Remains Pivotal Segment of Industrial Weighing Equipment Market
- Major Applications of Weighing Scales and Systems by Industry
- Automated and Digital Weighing Scales Adoption Rise amidst the Automation Trend in Industries
- Industry 4.0 Redefines Manufacturing, Driving Demand for Industry 4.0 Compliant Weighing Solutions
- Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
- Artificial Intelligence Transforms Weighing Equipment into Intelligent Systems
- Technological Trends Transform Industrial Weighing Scales Market
- Wireless Weighing to Gather Steam
- Programmable Weighing Systems Find Favor in Industrial Applications
- Cloud-Based Industrial Weighing Machines to Gain Wider Adoption
- Introduction of Sophisticated Weighing Equipment
- Weighing Equipment Gets Smarter
- Dynamic Scales with New Functions
- Upgraded Weighing Equipment for Terminals & Ports
- Loaders with Weighing Technology
- E-Commerce Growth Presents Opportunities for Weighing Scales
- Global e-Commerce Market Growth Outlook (In %) for Years 2019-2025
- Pharmaceutical Industry: Largest End-User of Laboratory Scales
- Increased Spending in Pharmaceutical R&D Sector
- Chemistry Labs Rely on Balances and Scales for Efficient Operations
- New Inventions
- Weight Management Efforts Enable Electronic Weighing Machines to Remain in Good Shape
- Innovations Expanding Application Scope of Electronic Weighing Machines
- Customized Options - A Key Trend
- Connected Solutions
- Smart, Integrated Machines
- Electronic Scales for Jewelry Industry are Worth Weight in Gold
FOCUS ON SELECT PLAYERS (Total 139 Featured)
- A&D Company, Limited
- Beurer GmbH
- Avery Weigh-Tronix LLC
- Adam Equipment Co., Ltd.
- Bizerba USA, Inc.
- Algen Scale Corporation
- BEL Engineering
- Brechbuhler Scales, Inc.
- Aczet Pvt., Ltd.
- BioTelemetry, Inc.
- Benmor Medical (UK) Limited
- CA-MI srl
- Azzota Corporation
- AVIC Shanghai Yaohua Weighing System Co ., Ltd
- Acaia
For more information about this report visit https://www.researchandmarkets.com/r/j26qbw
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