Electronic Weighing Scales Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently published a detailed report on the global electronic weighing scales market. The research provides an in-depth analysis of key market dynamics such as drivers, trends, opportunities, and challenges, offering valuable insights into the structure of the market. This publication also delivers exclusive data and projections on the expected growth of the electronic weighing scales market from 2024 to 2031.

Key Insights:

Electronic Weighing Scales Market Size (2024E): US$6791.5 Mn
Projected Market Value (2031F): US$10124.6 Mn
Global Market Growth Rate (CAGR 2024 to 2031): 5.9%

Electronic Weighing Scales Market - Report Scope:

Electronic weighing scales are precision instruments used to measure weight or mass across various sectors, including healthcare, retail, industrial, and laboratory applications. These scales use advanced technologies such as load cells and digital displays to provide accurate and reliable weight measurements. The electronic weighing scales market is segmented based on application types, including personal use, industrial use, medical use, and retail use, among others. The demand for these scales is growing due to their accuracy, ease of use, and integration with digital systems for data recording and analysis.

Market Growth Drivers:

Several key factors are driving the growth of the global electronic weighing scales market, including the increasing demand for accurate measurements in diverse industries, such as healthcare, logistics, and retail. In healthcare, electronic weighing scales are crucial for monitoring patient weight, while in retail, they are widely used for pricing goods based on weight. The rising adoption of electronic weighing solutions in industrial sectors to improve operational efficiency is another major factor boosting the market. Furthermore, technological advancements such as wireless connectivity, data integration, and mobile compatibility in modern electronic weighing scales have contributed to market growth. The growing demand for automated systems and increasing awareness of the need for precise and efficient measurement solutions further support market expansion.

Market Restraints:

Despite its strong growth trajectory, the electronic weighing scales market faces certain challenges. The high initial cost of advanced electronic scales may limit their adoption, particularly in emerging markets where price sensitivity is higher. Additionally, the market is affected by the availability of counterfeit products, which can undermine the reliability and quality of electronic weighing systems. Regulatory standards concerning the calibration and certification of these devices also pose challenges for manufacturers, particularly in countries with stringent requirements for measurement accuracy and safety. Lastly, the increasing demand for smart weighing scales may result in competitive pressure on traditional scale manufacturers to innovate and improve their product offerings.

Market Opportunities:

The electronic weighing scales market presents numerous growth opportunities, especially driven by innovations in smart weighing solutions. The increasing trend towards the Internet of Things (IoT) and smart devices is creating new avenues for the development of integrated weighing systems that can track, record, and analyze data in real-time. The integration of electronic weighing scales with cloud-based platforms and mobile applications for better data management and monitoring is gaining traction, particularly in sectors like healthcare and retail. Furthermore, the growing emphasis on sustainability and energy efficiency presents an opportunity for manufacturers to design eco-friendly, energy-efficient weighing systems that appeal to environmentally conscious consumers.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the electronic weighing scales market globally?
Which applications of electronic weighing scales are seeing the highest adoption across various industries?
How are technological advancements in digital and smart weighing scales reshaping the competitive landscape of the market?
Who are the key players in the electronic weighing scales market, and what strategies are they employing to maintain their market positions?
What are the emerging trends and future prospects in the global electronic weighing scales market?

Competitive Intelligence and Business Strategy:

Key players in the global electronic weighing scales market, including Mettler Toledo, Avery Weigh-Tronix, Yamato Scale, and Ohaus Corporation, focus on innovation, strategic partnerships, and expanding their product portfolios to stay competitive. These companies are investing heavily in R&D to develop more accurate, reliable, and technologically advanced weighing systems, including IoT-enabled solutions for real-time data monitoring. Additionally, they are collaborating with various industries to tailor their products to specific needs, from retail scales to industrial solutions. Sustainability and regulatory compliance are also key focus areas for manufacturers aiming to capture new opportunities and meet market demands in environmentally-conscious regions.

Key Companies Profiled:

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
Cardinal Scale Manufacturing Company
Doran Scales, Inc.

Market Taxonomy

Type

Table Top Scale
Platform Scale
Precision Scale
Pocket Scale

Application

Laboratory Scales
Gem & Jewelry Scales
Retail Scales
Health Scales
Industrial Scales
Veterinary Scales

Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Product Code: PMRREP20218

1. Executive Summary

1.1. Market Overview
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Definition
2.2. Market Taxonomy
2.3. Value Chain Analysis

3. Market View Point

3.1. Macro-Economic Factors
3.2. Opportunity Analysis
3.3. Market Snapshot
3.4. Key Regulations

4. North America Electronic Weighing Scale Market Analysis and Forecast

4.1. Introduction
4.2. Regional Market Dynamics & Impact Analysis
- 4.2.1. Drivers
- 4.2.2. Restraints
- 4.2.3. Trends
4.3. Historical Market Size (US$ Mn) Analysis 2019-2023, By Country
- 4.3.1. U.S.
- 4.3.2. Canada
4.4. Current Market Size (US$ Mn) Forecast 2024-2031, By Country
- 4.4.1. U.S.
- 4.4.2. Canada
4.5. Market Size (US$ Mn) & Forecast By Type
- 4.5.1. Table Top Scale
- 4.5.2. Platform Scale
- 4.5.3. Precision Scale
- 4.5.4. Pocket Scale
- 4.5.5. Others
4.6. Market Size (US$ Mn) & Forecast By Application
- 4.6.1. Laboratory Scales
- 4.6.2. Gem and Jewelry Scales
- 4.6.3. Retail Scales
- 4.6.4. Health Scales
- 4.6.5 Industrial Scales
- 4.6.6. Veterinary Scales
4.7. Market Attractiveness Analysis
- 4.7.1. By Country
- 4.7.2. By Type
- 4.7.3. By Application
4.8. Key Representative Market Participants
4.9. Market Presence (Intensity Map)

5. Latin America Electronic Weighing Scale Market Analysis and Forecast

5.1. Introduction
5.2. Regional Market Dynamics & Impact Analysis
- 5.2.1. Drivers
- 5.2.2. Restraints
- 5.2.3. Trends
5.3. Historical Market Size (US$ Mn) Analysis 2019-2023, By Country
- 5.3.1. Brazil
- 5.3.2. Mexico
- 5.3.3. Rest of Latin America
5.4. Current Market Size (US$ Mn) Forecast 2024-2031, By Country
- 5.4.1. Brazil
- 5.4.2. Mexico
- 5.4.3. Rest of Latin America
5.5. Market Size (US$ Mn) & Forecast By Type
- 5.5.1. Table Top Scale
- 5.5.2. Platform Scale
- 5.5.3. Precision Scale
- 5.5.4. Pocket Scale
- 5.5.5. Others
5.6. Market Size (US$ Mn) & Forecast By Application
- 5.6.1. Laboratory Scales
- 5.6.2. Gem and Jewelry Scales
- 5.6.3. Retail Scales
- 5.6.4 Health Scales
- 5.6.5. Industrial Scales
- 5.6.6. Veterinary Scales
5.7. Market Attractiveness Analysis
- 5.7.1. By Country
- 5.7.2. By Type
- 5.7.3. By Application
5.8. Key Representative Market Participants
5.9. Market Presence (Intensity Map)

6. Europe Electronic Weighing Scale Market Analysis and Forecast

6.1. Introduction
6.2. Regional Market Dynamics & Impact Analysis
- 6.2.1. Drivers
- 6.2.2. Restraints
- 6.2.3. Trends
6.3. Historical Market Size (US$ Mn) Analysis 2019-2023, By Country
- 6.3.1. Germany
- 6.3.2. U.K.
- 6.3.3. France
- 6.3.4. Spain
- 6.3.5. Italy
- 6.3.6. Russia
- 6.3.7. Poland
- 6.3.8. Rest of Europe
6.4. Current Market Size (US$ Mn) Forecast 2024-2031, By Country
- 6.4.1. Germany
- 6.4.2. U.K.
- 6.4.3. France
- 6.4.4. Spain
- 6.4.5. Italy
- 6.4.6. Russia
- 6.4.7. Poland
- 6.4.8. Rest of Europe
6.5. Market Size (US$ Mn) & Forecast By Type
- 6.5.1. Table Top Scale
- 6.5.2. Platform Scale
- 6.5.3. Precision Scale
- 6.5.4. Pocket Scale
- 6.5.5. Others
6.6. Market Size (US$ Mn) & Forecast By Application
- 6.6.1. Laboratory Scales
- 6.6.2. Gem and Jewelry Scales
- 6.6.3. Retail Scales
- 6.6.4. Health Scales
- 6.6.5. Industrial Scales
- 6.6.6. Veterinary Scales
6.7. Market Attractiveness Analysis
- 6.7.1. By Country
- 6.7.2. By Type
- 6.7.3. By Application
6.8. Key Representative Market Participants
6.9. Market Presence (Intensity Map)

7. Asia-Pacific Electronic Weighing Scale Market Analysis and Forecast

7.1. Introduction
7.2. Regional Market Dynamics & Impact Analysis
- 7.2.1. Drivers
- 7.2.2. Restraints
- 7.2.3. Trends
7.3. Historical Market Size (US$ Mn) Analysis 2019-2023, By Country
- 7.3.1. China
- 7.3.2. Japan
- 7.3.3. India
- 7.3.4. ASEAN
- 7.3.5. Australia and New Zealand
- 7.3.6. Rest of Asia Pacific
7.4. Current Market Size (US$ Mn) Forecast 2024-2031, By Country
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. India
- 7.4.4. ASEAN
- 7.4.5. Australia and New Zealand
- 7.4.6. Rest of Asia Pacific
7.5. Market Size (US$ Mn) & Forecast By Type
- 7.5.1. Table Top Scale
- 7.5.2. Platform Scale
- 7.5.3. Precision Scale
- 7.5.4. Pocket Scale
- 7.5.5. Others
7.6. Market Size (US$ Mn) & Forecast By Application
- 7.6.1. Laboratory Scales
- 7.6.2. Gem and Jewelry Scales
- 7.6.3. Retail Scales
- 7.6.4. Health Scales
- 7.6.5. Industrial Scales
- 7.6.6. Veterinary Scales
7.7. Market Attractiveness Analysis
- 7.7.1. By Country
- 7.7.2. By Type
- 7.7.3. By Application
7.8. Key Representative Market Participants
7.9. Market Presence (Intensity Map)

8. Middle East & Africa Electronic Weighing Scale Market Analysis and Forecast

8.1. Introduction
8.2. Regional Market Dynamics & Impact Analysis
- 8.2.1. Drivers
- 8.2.2. Restraints
- 8.2.3. Trends
8.3. Historical and Current Market Size (US$ Mn) Analysis 2019-2023, By Country
- 8.3.1. GCC Countries
- 8.3.2. Northern Africa
- 8.3.3. South Africa
- 8.3.4. Turkey
- 8.3.5. Rest of Middle East and Africa
8.4. Current Market Size (US$ Mn) Forecast 2024-2031, By Country
- 8.4.1. GCC Countries
- 8.4.2. Northern Africa
- 8.4.3. South Africa
- 8.4.4. Turkey
- 8.4.5. Rest of Middle East and Africa
8.5. Market Size (US$ Mn) & Forecast By Type
- 8.5.1. Table Top Scale
- 8.5.2. Platform Scale
- 8.5.3. Precision Scale
- 8.5.4. Pocket Scale
- 8.5.5. Others
8.6. Market Size (US$ Mn) & Forecast By Application
- 8.6.1. Laboratory Scales
- 8.6.2. Gem and Jewelry Scales
- 8.6.3. Retail Scales
- 8.6.4. Health Scales
- 8.6.5. Industrial Scales
- 8.6.6. Veterinary Scales
8.7. Market Attractiveness Analysis
- 8.7.1. By Country
- 8.7.2. By Type
- 8.7.3. By Application
8.8. Key Representative Market Participants
8.9. Market Presence (Intensity Map)

9. Forecast Factors: Relevance and Impact

10. Competition Landscape

10.1. Market Structure
10.2. Market Share Analysis
10.3. Competition Intensity Mapping By Market Taxonomy
10.4. Competition Dashboard
10.5. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 10.5.1. Tanita
- 10.5.2. A&D Engineering
- 10.5.3. Fairbanks Scales
- 10.5.4. Adam Equipment
- 10.5.5. Essae group
- 10.5.6. KERN & SOHN GmbH
- 10.5.7. Mettler Toredo
- 10.5.8. Contech Instruments Ltd.
- 10.5.9. Avery Weigh Tronix LLC
- 10.5.10. Rice Lake Weighing Systems
- 10.5.11. Cardinal Scale Manufacturing Company
- 10.5.12. Doran Scales, Inc.

11. Global Electronic Weighing Scale Market Analysis, By Region

11.1. Introduction
11.2. Historical and Current Market Size (US$ Mn) Analysis 2019-2023 and 2024-2031, By Region
- 11.2.1. North America
- 11.2.2. Latin America
- 11.2.3. Europe
- 11.2.4. Asia Pacific
- 11.2.5. Middle East and Africa
11.3. Market Attractiveness Analysis, By Region

12. Global Electronic Weighing Scale Market Analysis, By Type

12.1. Introduction
12.2. Historical Market Size Analysis 2019-2023 and Current Market Size Forecast 2024-2031 (US$ Mn), By Type
- 12.2.1. Table Top Scale
- 12.2.2. Platform Scale
- 12.2.3. Precision Scale
- 12.2.4. Pocket Scale
- 12.2.5. Others
12.3. Market Attractiveness Analysis, By Type

13. Global Electronic Weighing Scale Market Analysis, By Application

13.1. Introduction
13.2. Historical Market Size Analysis 2019-2023 and Current Market Size Forecast 2024-2031 (US$ Mn), By Application
- 13.2.1. Laboratory Scales
- 13.2.2. Gem and Jewelry Scales
- 13.2.3. Retail Scales
- 13.2.4. Health Scales
- 13.2.5. Industrial Scales
- 13.2.6. Veterinary Scales
13.3. Market Attractiveness Analysis, By Application