- August 7, 2020
- Category: Industrial Manufacturing and Equipment, Other Industry Reports
Global Electronic Weighing Machines Market Size study, by Application (Laboratory scale, Gem and Jewelry scale, Retail scale, Health scale, Kitchen scale and Others), by Distribution Channel (Online and Offline) and Regional Forecasts 2021-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Electronic Weighing Machines Market, by Region, 2019-2027 (USD Billion) 1.2.2. Electronic Weighing Machines Market, by Application, 2019-2027 (USD Billion) 1.2.3. Electronic Weighing Machines Market, by Distribution Channel, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Electronic Weighing Machines Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Electronic Weighing Machines Market Dynamics 3.1. Electronic Weighing Machines Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 184.108.40.206. Increasing demand for precise measurements 220.127.116.11. Features like portability, durability and light-weight property 3.1.2. Market Challenges 18.104.22.168. Higher relative cost as compared to traditional machines 3.1.3. Market Opportunities 22.214.171.124. Innovations by major players by introducing new features Chapter 4. Global Electronic Weighing Machines Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Electronic Weighing Machines Market, by Application 5.1. Market Snapshot 5.2. Global Electronic Weighing Machines Market by Application, Performance - Potential Analysis 5.3. Global Electronic Weighing Machines Market Estimates & Forecasts by Application 2018-2027 (USD Billion) 5.4. Electronic Weighing Machines Market, Sub Segment Analysis 5.4.1. Laboratory scale 5.4.2. Gem and Jewelry scale 5.4.3. Retail scale 5.4.4. Health scale 5.4.5. Kitchen scale 5.4.6. Others Chapter 6. Global Electronic Weighing Machines Market, by Distribution Channel 6.1. Market Snapshot 6.2. Global Electronic Weighing Machines Market by Distribution Channel, Performance - Potential Analysis 6.3. Global Electronic Weighing Machines Market Estimates & Forecasts by Distribution Channel 2018-2027 (USD Billion) 6.4. Electronic Weighing Machines Market, Sub Segment Analysis 6.4.1. Online 6.4.2. Offline Chapter 7. Global Electronic Weighing Machines Market, Regional Analysis 7.1. Electronic Weighing Machines Market, Regional Market Snapshot 7.2. North America Electronic Weighing Machines Market 7.2.1. U.S. Electronic Weighing Machines Market 126.96.36.199. Application breakdown estimates & forecasts, 2018-2027 188.8.131.52. Distribution Channel breakdown estimates & forecasts, 2018-2027 7.2.2. Canada Electronic Weighing Machines Market 7.3. Europe Electronic Weighing Machines Market Snapshot 7.3.1. U.K. Electronic Weighing Machines Market 7.3.2. Germany Electronic Weighing Machines Market 7.3.3. France Electronic Weighing Machines Market 7.3.4. Spain Electronic Weighing Machines Market 7.3.5. Italy Electronic Weighing Machines Market 7.3.6. Rest of Europe Electronic Weighing Machines Market 7.4. Asia-Pacific Electronic Weighing Machines Market Snapshot 7.4.1. China Electronic Weighing Machines Market 7.4.2. India Electronic Weighing Machines Market 7.4.3. Japan Electronic Weighing Machines Market 7.4.4. Australia Electronic Weighing Machines Market 7.4.5. South Korea Electronic Weighing Machines Market 7.4.6. Rest of Asia Pacific Electronic Weighing Machines Market 7.5. Latin America Electronic Weighing Machines Market Snapshot 7.5.1. Brazil Electronic Weighing Machines Market 7.5.2. Mexico Electronic Weighing Machines Market 7.6. Rest of The World Electronic Weighing Machines Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. A&D Company 184.108.40.206. Key Information 220.127.116.11. Overview 18.104.22.168. Financial (Subject to Data Availability) 22.214.171.124. Product Summary 126.96.36.199. Recent Developments 8.2.2. Mettler-Toledo International, Inc 8.2.3. Doran Scales, Inc. 8.2.4. Essae-Teraoka Pvt. Ltd 8.2.5. Fairbanks Scales Inc. 8.2.6. Kern & Sohn GmbH 8.2.7. BONSO Electronics International Inc. 8.2.8. Shimadzu Corporation 8.2.9. Sartorius Group 8.2.10. Avery Weigh-Tronix, LLC Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
Global Electronic Weighing Machines Market is valued approximately USD 3.61billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.2% over the forecast period 2021-2027.
The electronic weighing machines are used to measure weight or mass. Its components include the basic load cell, appropriate sensors, signal modulators and output indicators giving both the analog and digital numbers as an output for further processing. Precise and accurate weight control measures can translate into higher product quality and packaging and greater manufacturing efficiency. Compared to traditional weighing machines, electronic weighing machines are more accurate, more portable (since they are light weight) and more durable. They also provide additional feature likes unit conversion (for example: gram to ounce). All these factors are driving the growth of this market. These machines are vital part of many industries such as the e-commerce, food, retail, FMCG, pharmaceuticals, chemistry etc. as precise and accurate measurement are of utmost importance in these sectors. According to ESI 2021 (Government of India), India’s domestic pharmaceutical market is currently estimated at US$ 41 billion and is expected to reach US$ 65 billion by 2024 and is poised to reach approximately US$ 130 billion by 2030. European Chemical Industry Council expects chemical sales (not including pharmaceuticals) to increase from USD 34.17 trillion in 2017 to USD 7.97 trillion by 2030 globally. The growth of end-use industries will increase the demand of Electronic weighing machines which will result in increased sales. Electronic Weighing Machines are relatively costlier than conventional machines and requires electricity to operate. These issues may act as a restraint for its growth but increasing demand for more accurate weighing tools and innovation in electronic weighing machines act as an opportunity for Electronic Weighing Machines in next decade.
Key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World are analysed to provide a holistic picture of Electronic Weighing Machines market. Due to faster technological adoption across key industries as well as higher per capita income, North America is the significant region across the world in terms of market share. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate for the forecast period 2021-2027 owing to the growing industrial output in key industries such as pharmaceuticals and FMCG. Rising disposable income and developing electricity infrastructure are other factors which will boost growth.
Major market player included in this report are:
A&D Company, Ltd.
Mettler-Toledo International, Inc.
Doran Scales, Inc.
Essae-Teraoka Pvt. Ltd
Fairbanks Scales Inc.
Kern & Sohn GmbH
BONSO Electronics International Inc.
Avery Weigh-Tronix, LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Gem and Jewelry scale
By Distribution Channel:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Electronic Weighing Machines Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers