According to Persistence Market Research, the global electronic weight scale market is estimated at USD 6,338.4 million by the end of the forecast period of 2025. This reflects a CAGR of 5.0% in terms of revenue over the evaluation period. Revenue growth can be attributed to increased automation of measuring equipment in various industries.
Persistence Market Research sheds light on key dynamics expected to impact revenue growth in the global Electronic Scales market through 2025. The report analyzes market drivers, restraints, trends and opportunities and presents detailed revenue forecasts for global and regional markets for electronics. the scale. A detailed segmentation of the market has been performed and in-depth forecasts and analysis provided for each segment in each region evaluated.
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Global Electronic Scale Market: Forecast by Type
The global electronic weighing scales market is segmented on the basis of type into tabletop scales, platform scales, precision scales, pocket scales, and others. Table Top Scale is the largest segment with an estimated revenue share of approximately 35% during the forecast period. Table Top Scale is also the most attractive part by type.
Platform size is the second largest segment by type and is expected to increase 1.5x between 2017 and 2025. The platform scale segment is expected to register a high YoY growth rate over the forecast period.
Global Electronic Scale Market: Forecast by Application
The global electronic weighing scales market is segmented on the basis of application for laboratory scales, jewelry and jewelry scales, retail scales, health scales, industrial scales, and animal scales. Industrial Scales is the largest segment with a market share of less than 33% during the forecast period. Retail scales are the second largest segment with a market share of around 24%. In terms of value, the laboratory scale segment is expected to grow 1.5 times between 2017 and 2025.
Global Electronic Scales Market: Regional Analysis and Forecast
The various regions evaluated in the report for the global Electronic Scales market are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is the largest regional market for electronic scales, expected to hold a value share of more than 35% of the global market by 2025.
Asia Pacific is also the dominant regional market in the global electronic weighing scales market and is expected to register a high YoY growth rate over the forecast period. The global electronic scales market is expected to witness high revenue growth in North America during the forecast period.
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Global Electronic Scales Market: Key Players Analysis
The report introduces some of the leading players operating in the global electronic weighing scales market such as 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. Key market players are focusing on new product launches and ongoing product upgrades to increase business returns. Electronic scale suppliers are adopting new innovation strategies to reach new potential customers in emerging markets.
Market Classification
Category
Tabletop Scale
Platform Scale
Precision Scale
Pocket Scale
Others
Application
Laboratory Scales
Jewelry & Jewelry Scales
Retail Scales
Health Scales
Industrial Scales
Veterinary Scales
Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
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