Electronic Weighing Scales Market 2022
The global Electronic Weighing Scales Market is expected to grow persuasively in the upcoming period. The semiconductor vertical is expected to constructively disrupt the aerospace, CE (consumer electronics), and automotive verticals through AI-enabled chips. These designs would help in creation of highly optimized solutions to cater to exclusive use cases. This would be the case with semiconductor vertical going forward.
North America & Europe in a Close Fight for Second Position in the Global Electronic Weighing Scale Market
In a new report titled ‘Electronic Weighing Scale Market: Global Industry Analysis (2012 – 2016) & Forecast (2017 – 2027),’ Persistence Market Research throws light on the key dynamics anticipated to impact revenue growth of the global electronic weighing scale market during the eight year period 2017 to 2027.
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The report analyzes the market drivers, restraints, trends, and opportunities and presents detailed revenue forecasts of the global and regional markets for electronic weighing scales. A detailed segmentation of the market has been carried out and in-depth forecasts and analysis presented for each segment across each assessed geography. According to Persistence Market Research, the global electronic weighing scale market is estimated to be valued at US$ 4,306.3 Mn by the end of 2017 and this is expected to increase to US$ 6,338.4 Mn by the end of the forecast period in 2027. This is reflective of a CAGR of 5.0% in terms of revenue during the assessment period. Growth in revenue can be attributed to increasing automation in measuring equipment across various industry verticals.
Key Players:
The report has profiled some of the Important players prevalent in the global like – 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, and Doran Scales, Inc and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Electronic Weighing Scales.
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Global Electronic Weighing Scale Market: Forecast by Type
The global electronic weighing scale market is segmented on the basis of Type into Table Top Scale, Platform Scale, Precision Scale, Pocket Scale, and Others. Table Top Scale is the largest segment with an estimated revenue share of about 35% during the forecast period. Table Top Scale is also the most attractive segment by type. Platform Scale is the second largest segment by type and is anticipated to increase 1.5X between 2017 and 2027. The Platform Scale segment is expected to register high Y-o-Y growth rates throughout the forecast period.
Global Electronic Weighing Scale Market: Forecast by Application
The global electronic weighing scale market is segmented on the basis of Application into Laboratory Scales, Gem & Jewelry Scales, Retail Scales, Health Scales, Industrial Scales, and Veterinary Scales. Industrial Scales is the largest segment with a market share of just under 33% during the forecast period. Retail Scales is the second largest segment with about 24% market share. In terms of value, the Laboratory Scales segment is anticipated to increase 1.5X between 2017 and 2027.
Key geographies evaluated in this report are:
North America – U.S, Canada
Europe – France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS
APAC – China, India, Japan, Australia, Others
Latin America – Argentina, Brazil, Others
Key Stakeholders
Electronic Weighing Scales Market Manufacturers
Electronic Weighing Scales Market Distributors/Traders/Wholesalers
Electronic Weighing Scales Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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