Global Electronic Weighing Machines Market – Industry Trends and Forecast to 2029

Market Analysis and Size

There are many type of weighing machines but one of the most useful weighing machine is an electronic weight machine or Electric weight machine. These weighing machines are reliable and more accurate. These machines do not work on the batteries these machine works on electricity, it has normally plugged into a power socket to function. Electronic Weighing Machines are used in various places such as shops, supermarkets, malls, etc., due to their several features and accuracy.

Data Bridge Market Research analyses that the electronic weighing machines market was valued at USD 3183.26 million in 2021 and is expected to reach USD 4191.75 million by 2029, registering a CAGR of 3.50 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.     

Report Scope and Market Segmentation

Market Definition

Electronic weighing machine is a device which is used to measure weight. It uses springs to indicate the weight of the object, while electronic machine convert the force of a weight to an electric signal. The electronic weighing machine option is divided into two parts for understanding which are sensing part and processing part.

Electronic Weighing Machines Market Dynamics

Drivers

• Rise the automation in electronic weighing machine

Growing automation through different industry verticals has led to the adoption of electronic measuring devices for measurement and testing of materials in enterprises. This factor are expected to drive the revenue growth of the electronic weighing machine market across the globe.

• Demand in both commercial and residential sector

Increases the demand of electronic weighing machine in both commercial and residential sectors and it is continuously growing due to the factors such as increasing need to retain precisions in process, growing in economic activities and technological advancements which has made in the laboratory scales and balances. The major factors for growing the adoption of an electric weighing machine is their reliability, portability, accuracy, durability etc.

Opportunities

The increasing adoption of automation in different industries are expected to boost the demand of electronic weighing machines market. The problems and higher labour cost associated with manual weighing machines are also major factors which is also expected to drive the electronic weighing machines market in upcoming years. Electronic weighing machines can be automatic, which helps reduce time required for weighing operations. Every sector needs electronic weighing machines in some way or the other, hence, the growth of different sectors is expected to contribute to the growth of the electronic weighing machines market. There are immense opportunities in the market for the creation of more cost-efficient, accurate and precise machines. 

Restraints/ Challenges

However, one of the main factors which is acting as a restraint for the electronic weighing machine market is the necessity of electricity for the operation of the product because without electricity, the use of the electronic weighing machines is not possible. This factor is impelling the consumers to opt for a manual weighing machine. Therefore, developing economies facing a shortage of electricity so the rate of adoption of this machine is very low. High maintenance costs, high prices, and accurate, precise and when compared to the manual and traditional weighing machines, are acting as major challenges for the electronic weighing machine market in developing economies.

This electronic weighing machines market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electronic weighing machines market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Electronic Weighing Machines Market

The covid-19 pandemic has given a very difficult time to most of the production, manufacturing, developing, and logistic units of the market. Due to this pandemic, imposed the restrictions by the government of several countries. Moreover, many shops and industries are being shut down due to this pandemic which has led to a reduction in the demand for electronic weighing machines. These weighing machines are also used in fitness centers which was closed due to coronavirus this is the factor which had also impacted electronic weighing machine market.

Recent Development

• In June 2020, Mettler-Toledo introduced a new series for precision weighing applications which is washdown resistant checkweighers. This new series feature such as avoiding bacterial contamination risks, sloped surfaces to discourage debris and liquid collection, while conveyor belts can be removed easily for efficient cleaning.
• In February 2020, Mettler-Toledo acquired D.C. Martin & Sons Scales Inc., because this is the industrial scales and weighing machine supplier. This acquirement strengthened its business and broadened Mettler’s portfolio of scales.

Global Electronic Weighing Machines Market Scope

The electronic weighing machines market is segmented on the basis of type and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Laboratory Scale
• Gem and Jewelry Scale
• Retail Scale
• Health Scale
• Kitchen Scale
• Others

 Distribution Channel

• Online
• Offline

Electronic Weighing Machines Market Regional Analysis/Insights

The electronic weighing machines market is analysed and market size insights and trends are provided by country, type and distribution channel as referenced above.

The countries covered in the electronic weighing machines market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the electronic weighing machines market in terms of market share during the forecast period. This is due to the increasing demand for electronic weighing machines in this region. The Asia-Pacific region dominates the electronic weighing machines market due to high number of retail stores and laboratories and increasing health awareness among consumers in this region.

During the projected period, North America is expected to be the fastest developing region due to the strong retail channel, vast pharmaceutical sector, and rising demand from households in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Electronic Weighing Machines Market Share Analysis

The electronic weighing machines market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to electronic weighing machines market.

Some of the major players operating in the electronic weighing machines market are:

• A&D Company, Limited (Japan)
• Mettler-Toledo (US)
• Doran Scales, Inc. (US)
• Essae (India)
• Fairbanks Scales (US)
• Kern & Sohn GmbH (Germany)
• BONSO Electronics International Inc. (Hong Kong)
• Shimadzu Corporation (Japan)
• Avery Weigh-Tronix, LLC. (US)
• Rice Lake Weighing Systems India Ltd. (India)
• Tanita (US)
• Contech (India)
• Adam Equipment Ltd. (UK)
• Shinko Denshi Co., Ltd (Japan)
• Sortious AG (Germany)
• ATRAX GROUP NZ LTD. (US)
• D Brash & Sons Ltd. (UK)

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