Market analysts anticipate that the electronic weighing scale will generate US$ 4,775.3 million in 2022 and US$ 8,084.9 million by 2032. Sales of electronic weighing scales are anticipated to increase over the projected period of 2022-2032 at a CAGR of 5.4 percent. The demand for electronic weighing devices in the commercial and residential sectors is what’s driving growth. The market grew at a CAGR of 5.2 percent from 2016 to 2021.
| Report Attribute | Key Statistics |
| Growth Rate (2016-2021) | 5.2% CAGR |
| Expected Market Value (2022) | US$ 4,775.3 Million |
| Anticipated Forecast Value (2032) | US$ 8,084.9 Million |
| Projected Growth Rate (2022-2032) | 5.4% CAGR |
Systems are used to measure the weights of materials on electronic weighing scales. All industries employ these systems to weigh materials from the raw material stage to the stage of the finished product. Because weighing scales are versatile and offer great precision, industries are becoming more and more dependent on them.
The operation of an electronic weighing scale involves two steps. In the first, the weight is sensed, measured, and converted into electrical data, which is then processed and readably displayed on an LCD screen.
Large industries are shifting from manual weighing machines to advanced electronic weighing scale machines, and also large investments are being done in the manufacturing industries to get automated processing equipment.
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Electronic Weighing Scale: Drivers and Restraints
Weight measurement of materials is one of the most significant factors in any industry, be it in recycling, material handling or any food industry. There are many advantages offered by electronic weighing scale machine as compared to traditional machines like the compact size, high dependability, high accuracy, flexibility of weighing multiple loads, and advanced systems which provide online processing.
Such benefits are substantially driving the market growth of electronic weighing scale market. Moreover, these electronic weighing scale machines have automatic prompting facility which helps the operator to enter the parameters and to operate these machines very little training is required. Such factors are greatly elevating the usage of electronic weighing scale and increasing its market.
One of the major factor preventing the growth of electronic weighing scale market is that these scales require electricity to operate and without the supply of electricity these machines are of no use. Thus, for regions that run short of electricity may not adopt these scales in their industries. Also, the cost of electronic weighing scales is more when compared to traditional mechanical or spring scales. Thus these factors act as major restraining factors in electronic weighing scale market.
Electronic Weighing Scale: Competitive Landscape
The key players in the market of electronic weighing scale market are Contech Instruments Ltd., Essae Group, Aczet Pvt. Ltd., A&D Weighing Inc., Adam Equipment Inc., ATRAX Group NZ Ltd., Avery Weigh-Tronix Ltd., D Brash & Sons, Ltd., Easiweigh Ltd. and Yes Yes Technologies.
Regional Overview
By geography, the market of electronic weighing scale is largest in Asia Pacific since many large companies like Contech Instruments Ltd., Essae Group, Aczet Pvt. Ltd., are investing in electronic weighing scale manufacturing due to the benefits offered like the flexibility of weighing multiple loads, high precision as compared to mechanical scales.
North America region is also expected to grow since many companies in this region are investing in the manufacturing of various type of electronic weighing scale for multiple applications.
The report covers an exhaustive analysis on
Global Electronic Weighing Scale Market Segments
- Global Electronic Weighing Scale Market Dynamics
- Historical Actual Market Size, 2012 – 2016
- Global Electronic Weighing Scale Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain for Electronic Weighing Scale Market
- Global Electronic Weighing Scale Market Current Trends/Issues/Challenges
- Competition & Companies involved in Electronic Weighing Scale Market
- Electronic Weighing Scale Technology
- Value Chain of Sales Performance Management solutions
- Global Electronic Weighing Scale Market Drivers and Restraints
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Electronic Weighing Scale: Segmentation
Key Segments Profiled in the Electronic Weighing Scale Market Survey
By Application:
- Electronic Weighing Scale
- Electronic Industrial Counting Scale
- Electronic Retail Printer Scale
- Electronic Weighing Balance
By Class:
- Class I
- Class II
- Class III
- Class IIIL
- Class IIII
By Scale:
- Table Top
- Personnel
- Electronic Crane
- Electronic Platform
- Pocket Electronic
- Table Electronic
By Region:
- North America
- Latin America
- Asia Pacific
- MEA
- Europe
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