For more insights on the Electronic Weighing Scales Market - Download a free sample now!
Market Dynamics
Factors such as increasing demand for automated and digital weighing scales and increasing focus on measuring food quantity will be crucial in driving the growth of the market. But the designing and installation of weighing machines in hazardous areas will restrict the market growth.
Company Profiles
The electronic weighing machines market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Some of the companies covered in this report are A and D Co. Ltd., Aczet Pvt. Ltd., Adam Equipment Inc., Contech Instruments Ltd., Essae Teraoka Pvt. Ltd., Fairbanks Scales Inc., KERN and SOHN GmbH, Mettler Toledo International Inc., Rice Lake Weighing Systems India Ltd., and Tanita, etc.
Few Companies with Key Offerings
- A and D Co. Ltd. - The company offers electronic weighing scales such as Analytical Balances, Precision Balances, and others.
- Aczet Pvt. Ltd. - The company offers electronic weighing scales such as Laboratory Balances, Industrial Scales, Retail Scales, and more.
- Adam Equipment Inc. - The company offers electronic weighing scales such as Precision Balances, Compact Balances, and others.
Competitive Analysis
The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Market Segmentation
- By Type, the market is classified into retail scale, laboratory scale, health scale, gem and jewelry scale, and others
- By Geography, the market is classified as APAC, North America, Europe, South America, and MEA.
Related Reports -
Connectors Market -The connectors market size has the potential to grow by USD 16.95 billion during 2020-2024, and the market's growth momentum will accelerate during the forecast period. Download a free sample now!
Modular Instruments Market -The modular instruments market size has the potential to grow by USD 708.36 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period. Download a free sample now!
Electronic Weighing Scales Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.80% |
Market growth 2022-2026 |
USD 734.33 million |
Market structure |
Fragmented |
YoY growth (%) |
3.16 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 40% |
Key consumer countries |
US, China, Japan, India, and Canada |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
A and D Co. Ltd., Aczet Pvt. Ltd., Adam Equipment Inc., Contech Instruments Ltd., Essae Teraoka Pvt. Ltd., Fairbanks Scales Inc., KERN and SOHN GmbH, Mettler Toledo International Inc., Rice Lake Weighing Systems India Ltd., and Tanita |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article