Global Electronic Weighing Machines Market Report and Forecast 2024-2032

Global Electronic Weighing Machines Market Outlook

The global electronic weighing machines market size attained a value of USD 3.92 billion in 2023. The market is further expected to grow at a CAGR of 3.20% between 2024 and 2032, reaching a value of USD 5.22 billion by 2032.

Key Trends in the Market

Electronic weighing machines refer to a self-indicating electronic equipment used to measure mass or weight. This device facilitates the conversion of force of weight into electrical signals indicating weight or mass of a particular product under observation. Electronic weighing machines consist of a load cell pan on which an object is placed, which contains strain gauge transducers which covert the applied weight into electrical signals enabling observants to view the weight.

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• Electronic weighing machines are compact and offer high resolution and quick response which makes them applicable across supermarkets, jewellery stores, and grocery shops. Growing demand for electronic weighing machines from butchers and fishmongers for accurate and reliable pricing of meat, is adding to the electronic weighing machines market growth.

• Rapid automation across different industry verticals, especially the retail sector, to enhance business profitability is leading to a transition from manual to electronic weighing machines. Digitalised weighing offered by electronic weighing machine can increase the efficiency of retailing operations.

• Increasing applications of electronic weighing machines in laboratories for quality control, piece counting, and calculation of percentage, are expected to fuel the market for electronic weighing machines in the coming years.

• Moreover, rising investments towards transformative innovations in weighing devices, to minimise the chances of error and develop smaller electronic weighing machines, are crucial trends in the electronic weighing machines market.

Market Analysis

Based on type, the market is segmented into laboratory scale, gem and jewellery scale, retail scale, health scale, and kitchen scale, among others. On the basis of distribution channel, the market is classified into online and offline. The regional markets for electronic weighing machines are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global electronic weighing machines market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• A&D Company, Ltd.

• Doran Scales, Inc

• OMRON Corporation

• Sartorius AG

• Avery Weigh-Tronix, LLC

• Shimadzu Corporation

• KERN & SOHN GmbH

• Essae -Teraoka Private Limited

• Others

Market Share by Type

The retail scale segment, based on type, accounts for a healthy share of the electronic weighing machines market. This type of scale is used in various retail establishments including shops, market stalls, and grocers, for quick weighing, accuracy in pricing, and speeding up transactions, which enhance the profitability of businesses. In addition, retail scales can be easily installed and are portable, making them easy to handle. Hence, the rapid development of open markets and mobile businesses across the emerging economies, owing to the rising population and increasing consumer spending on meat and plastic-free products, is escalating the demand for retail sale electronic weighing machines.

Market Share by Distribution Channel

Based on distribution channel, the offline segment accounts for a significant share in the electronic weighing machines market. Buying electronic weighing machines through offline channels enable the users attest its standards, usability, working condition, and performance for greater comfort at later stages of use. In addition, the after-sales support offered by offline retailers, along with guarantees and warrantees, is likely to aid the segment’s growth. Meanwhile, online distribution channels are expected to expand at a decent CAGR in the forecast period, driven by the convenience of home delivery and wide variety of product choices.

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Competitive Landscape

A&D Company, Ltd. is a leading manufacturing company which has a vast digital instruments portfolio including test instruments, rheometers, viscometers, pipettes, ultrasonic thickness gauge, signal conditioner, and general purpose digital measurement equipment. The company was founded in 1977 and is headquartered in Tokyo, Japan.

Doran Scales, Inc is a prominent electronic equipment manufacturer which offers flat scales, digital scales, and digital chair scales as well as high-grade industrial equipment. Headquartered in Illinois in the United States, the establishment of this company took place in 1976.

OMRON Corporation is a renowned electronics company which develops and provides industrial automation solutions, healthcare solutions, electronic components, and social systems. The company was established in 1933 and is currently headquartered in Kyoto, Japan.

Other market players include Sartorius AG, Avery Weigh-Tronix, LLC, Shimadzu Corporation, KERN & SOHN GmbH, and Essae -Teraoka Private Limited, among others.

Key Highlights of the Report