The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The electronic weighing machines market size has grown strongly in recent years. It will grow from $3.86 billion in 2023 to $4.09 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%.  The growth in the historic period can be attributed to industrial automation, quality control standards, market expansion in retail, global trade and logistics, efficiency in production processes. The electronic weighing machines market size is expected to see strong growth in the next few years. It will grow to $5.17 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.  The growth in the forecast period can be attributed to e-commerce and retail innovation, sustainability and eco-friendly solutions, regulatory compliance, customization for specific industries, data analytics and reporting features. Major trends in the forecast period include integration with industry 4.0, advancements in sensor technology, technological advancements, connectivity and data logging, compact and portable solutions.

The electronic weighing machine market is poised for significant growth, driven by the thriving retail industry, which is dedicated to selling goods and services. These electronic weighing machines play a crucial role in measuring the weight of products within the retail sector. In December 2023, as reported by the U.S. Census Bureau, a government agency based in the U.S., retail trade sales witnessed a 0.1% increase compared to October 2023, showing a substantial 3.1% rise from the figures recorded in 2022. This robust surge in retail sales is a key factor propelling the growth of the electronic weighing machine market.

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What Are The Key Trends That Influence Electronic Weighing Machines Market Share Analysis?

Product innovations are a key trend in the electronic weighing machine market. Companies are introducing new products to meet customer demands. For example, in November 2021, Mettler-Toledo, a US-based manufacturer, launched the BPA121 Portable Scale. Designed specifically for the food processing industry, this portable scale is suitable for moist environments and offers exceptional protection against water and humidity, addressing the needs of damp and harsh conditions.

Which Market Players Are Driving Growth In The Electronic Weighing Machines Market?

Major companies operating in the electronic weighing machines market report are Kubota Corporation, Sartorius AG, Setra Systems Inc., Shimadzu Corporation, Mettler-Toledo International Inc., Avery Weigh-Tronix LLC., Fairbanks Scales Inc., Cardinal Scale Manufacturing Company, Flintec Group AB, Toledo Weighing Machines Pvt. Ltd., Precia Molen, Rice Lake Weighing Systems Inc., Essae-Teraoka Pvt. Ltd., Tanita Corporation, Contech Instruments Ltd., Minebea Intec, Rinstrum Pty Ltd, Dini Argeo S.r.l., A&D Company Limited, Bonso Electronics International Inc., Kern & Sohn GmbH, Adam Equipment Inc., Ohaus Corporation, Marsden Weighing Group, Brash & Sons Ltd., ATRAX Group NZ Ltd., Doran Scales Inc., Easiweigh Ltd., Truweigh LLC, Aczet Pvt. Ltd., Hottinger Baldwin Messtechnik GmbH

How Is The Global Electronic Weighing Machines Market Segmented?

The electronic weighing machines market covered in this report is segmented –

1) By Type: Laboratory Scale, Gem and Jewelry Scale, Retail Scale, Health Scale, Kitchen Scale, Other Types
2) By Distribution Channel: Online, Offline

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The Electronic Weighing Machines Global Market Report 2024 provides an overview of the electronic weighing machinesmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The electronic weighing machines market forecast analyzes electronic weighing machines market size, electronic weighing machines market share, leading competitor and their market positions.

The Table Of Content For The Electronic Weighing Machines Market Include

1. Electronic Weighing Machines Market Executive Summary
2. Electronic Weighing Machines Market Segments
3. Electronic Weighing Machines Market Size And Template Market Growth Rate
4.  Key Electronic Weighing Machines Market Trends
5. Major Electronic Weighing Machines Market Drivers
……
25. Key Mergers And Acquisitions In The Electronic Weighing Machines Market
26. Top Electronic Weighing Machines Companies
27. Electronic Weighing Machines Market Opportunities And Strategies
28. Electronic Weighing Machines Market, Conclusions And Recommendations
29. Appendix

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