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Base Year
Historical Year
Forecast Year
The global electronic weighing machines market size attained a value of USD 3.92 billion in 2023. The market is further expected to grow at a CAGR of 3.20% between 2024 and 2032, reaching a value of USD 5.22 billion by 2032.
Global Electronic Weighing Machines Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 3.92 |
Market Size 2032 | USD Billion | 5.22 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 3.2% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 3.7% |
CAGR 2024-2032 - Market by Country | India | 3.9% |
CAGR 2024-2032 - Market by Country | Saudi Arabia | 3.6% |
CAGR 2024-2032 - Market by Type | Laboratory Scale | 3.8% |
CAGR 2024-2032 - Market by Distribution Channel | Online | 6.7% |
Market Share by Country 2023 | Germany | 4.7% |
Electronic weighing machines refer to a self-indicating electronic equipment used to measure mass or weight. This device facilitates the conversion of force of weight into electrical signals indicating weight or mass of a particular product under observation. Electronic weighing machines consist of a load cell pan on which an object is placed, which contains strain gauge transducers which covert the applied weight into electrical signals enabling observants to view the weight.
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Based on type, the market is segmented into laboratory scale, gem and jewellery scale, retail scale, health scale, and kitchen scale, among others. On the basis of distribution channel, the market is classified into online and offline. The regional markets for electronic weighing machines are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
CAGR 2024-2032 - Market by | Country |
India | 3.9% |
Saudi Arabia | 3.6% |
China | 3.5% |
Mexico | 3.4% |
Canada | 3.4% |
USA | XX% |
UK | 3.1% |
Germany | XX% |
France | XX% |
Italy | XX% |
Japan | XX% |
Australia | XX% |
Brazil | XX% |
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global electronic weighing machines market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
The retail scale segment, based on type, accounts for a healthy share of the electronic weighing machines market. This type of scale is used in various retail establishments including shops, market stalls, and grocers, for quick weighing, accuracy in pricing, and speeding up transactions, which enhance the profitability of businesses. In addition, retail scales can be easily installed and are portable, making them easy to handle. Hence, the rapid development of open markets and mobile businesses across the emerging economies, owing to the rising population and increasing consumer spending on meat and plastic-free products, is escalating the demand for retail sale electronic weighing machines.
Based on distribution channel, the offline segment accounts for a significant share in the electronic weighing machines market. Buying electronic weighing machines through offline channels enable the users attest its standards, usability, working condition, and performance for greater comfort at later stages of use. In addition, the after-sales support offered by offline retailers, along with guarantees and warrantees, is likely to aid the segment’s growth. Meanwhile, online distribution channels are expected to expand at a decent CAGR in the forecast period, driven by the convenience of home delivery and wide variety of product choices.
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A&D Company, Ltd. is a leading manufacturing company which has a vast digital instruments portfolio including test instruments, rheometers, viscometers, pipettes, ultrasonic thickness gauge, signal conditioner, and general purpose digital measurement equipment. The company was founded in 1977 and is headquartered in Tokyo, Japan.
Doran Scales, Inc is a prominent electronic equipment manufacturer which offers flat scales, digital scales, and digital chair scales as well as high-grade industrial equipment. Headquartered in Illinois in the United States, the establishment of this company took place in 1976.
OMRON Corporation is a renowned electronics company which develops and provides industrial automation solutions, healthcare solutions, electronic components, and social systems. The company was established in 1933 and is currently headquartered in Kyoto, Japan.
Other market players include Sartorius AG, Avery Weigh-Tronix, LLC, Shimadzu Corporation, KERN & SOHN GmbH, and Essae -Teraoka Private Limited, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of USD 3.92 billion in 2023.
The market is estimated to grow at a CAGR of 3.20% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 5.22 billion by 2032.
The advantages offered by electronic weighing machines, increasing application of electronic weighing machines in laboratories, growing adoption of electronic weighing machines in the retail sector are the major drivers of the market.
The key trends in the market include the rapid automation across various industry verticals, rising importance of accurate weighing of food products, and increasing investments towards transformative innovations in weighing devices.
Laboratory scale, gem and jewellery scale, retail scale, health scale, and kitchen scale, among others, are the different types of electronic weighing machines in the market.
Online and offline are the primary distribution channels of electronic weighing machines in the market.
A&D Company, Ltd., Doran Scales, Inc, OMRON Corporation, Sartorius AG, Avery Weigh-Tronix, LLC, Shimadzu Corporation, KERN & SOHN GmbH, and Essae -Teraoka Private Limited, among others, are the key electronic weighing machines market players, according to the report.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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