Electronic Weighing Machines Market: Global Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segment Analysis

  • The Electronic Weighing Machines Market size reached US$ 3.84 Billion in 2023 and expects the market to reach US$ 6.66 Billion by 2030, exhibiting a growth rate (CAGR) of 8.2% during 2024-2030.

  • Format : PDF | Report ID : SMR_1482

Electronic Weighing Machines Market Overview:

Electronic weighing machines utilize electronic sensors to determine an object's or substance's weight. They are commonly employed to precisely weigh and measure commodities, chemicals, and materials in several industries, including food and beverage, medicine, manufacturing, and logistics.

 

Increased industrial automation and the use of automated electronic weighing machines in retail and jewellery stores will promote market expansion. However, the price of these devices is more than the price of conventional weighing scales. The adoption of this equipment is constrained by this, which has an impact on market expansion.

 

The need for electronic weighing machines is always growing in both the commercial and residential sectors as a result of reasons such as escalating economic activity, a growing desire to maintain process precision, and technological breakthroughs achieved in laboratory balances and scales. Accuracy, portability, durability, and reliability are the main criteria influencing the adoption of electric weighing equipment.

 

Electronic Weighing Machines Market

 

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Electronic Weighing Machines Market Dynamics:

Sensor Interface, ADC (Analog-to-Digital Conversion), etc.

When it comes to weight-measuring sensors, load cells or strain gauges are typically utilized in electronic scales. The driver must interact with these sensors to properly record the weight data. The procedure involves amplifying and digitizing analog signals from the sensors.

 

An Analog-to-Digital Converter (ADC) is a driver feature that converts analog voltage signals from the sensors into digital data the microcontroller or processor may use.

 

The main element of the majority of electronic scales is a microcontroller or processor. The driver software must work with the specific microcontroller that was used in the design. A language that the microcontroller can understand must be used while writing code to accomplish this.

 

Electronic weighing machines should be robust and capable of handling errors gracefully. The driver should incorporate error-checking and fault-detection mechanisms to ensure accurate and safe operation.

 

Accuracy, Power Supply, High Cost, etc.

While electronic weighing machines are generally highly accurate, their precision can be affected by factors such as temperature fluctuations, electrical interference, and wear and tear. Regular calibration is necessary to maintain accuracy.

 

Electronic weighing machines rely on a stable power supply. Power fluctuations or outages can disrupt their operation and may require recalibration.

 

High-quality electronic weighing machines can be expensive to purchase and maintain. This can be a restraint for small businesses or individuals with budget constraints.

 

Electronic weighing machines require regular maintenance to ensure accurate measurements. This can involve cleaning, calibration, and occasional repairs, which can add to the overall cost of ownership.

 

Some electronic weighing machines can be bulky and not easily portable. This can be a limitation for businesses or individuals who require mobility.

 

Electronic Weighing Machines Market Opportunities:

Increasing demand for automation in various industries

Industries using electronic weighing devices include manufacturing, food and beverage, retail, and healthcare. The need for electronic weighing machines is being driven by these industries' growing adoption of automation.

 

Traditional weighing scales are less accurate and less dependable than electronic weighing equipment. This is fueling demand for electronic weighing devices across a range of industries, including industrial, food and beverage, and healthcare.

 

People are becoming more and more conscious of the significance of keeping a healthy weight. The need for personal electronic weighing scales is being driven by this.

 

Weighing devices with IoT capabilities have several benefits, including data tracking and remote monitoring. This is encouraging numerous businesses to embrace IoT-enabled weighing equipment.

 

Electronic Weighing Machines Market Challenges:

Sensitivity to environmental factors

The calibration and precision of electronic weighing machines are one of their main problems. These equipment may deviate from their initial calibration over time, producing unreliable readings. To maintain their accuracy, routine calibration and maintenance are necessary, but for businesses, this may be time-consuming and expensive.

 

The impact of outside influences on electronic weighing equipment is a major obstacle. Variations in the environment's temperature and humidity can have an impact on the equipment' accuracy.

 

Additionally, electronic weighing devices could run into legal and regulatory issues, particularly in sectors where measurements are governed by tight standards and laws. Due to the strict requirements for equipment and the frequent audits required, compliance with these standards can be burdensome for enterprises.

 

Electronic Weighing Machines Market Trends:

Electronic weighing scales are increasingly frequently equipped with wireless communication. This makes it possible for the equipment to link to other gadgets like computers and mobile phones, which can increase productivity and efficiency.

 

Another new development in the market for electronic scales is cloud computing. This enables the storage and analysis of machine data on the cloud, which can enhance decision-making and optimize processes.

 

Sensors and software are included in smart scales, which enable data collection and analysis. This information can be used to enhance machine performance and offer perceptions of the weighing procedure.

 

Electronic weighing machines are becoming smarter and more effective thanks to the usage of AI and ML. Task automation, accuracy improvement, and trouble detection are all possible with these technologies.

 

Electronic Weighing Machines Market Regional Insights:

Asia Pacific is anticipated to have the largest market share for electronic weighing devices in 2023, with an expected 35.7% market share. The region is thriving as a result of the rising demand for electronic weighing equipment from the manufacturing, food & beverage, and retail sectors.

 

North America is expected to have the second-largest market share for electronic scales in 2023, accounting for 21.8% of the total. The region's developing e-commerce business is fueling the demand for electronic weighing equipment. In 2023, Europe will be the third-largest market for electronic scales, accounting for 20.2% of global sales. The local pharmaceutical and healthcare businesses are expanding, which is fueling the demand for electronic weighing equipment.

 

Latin America is going to be the fourth-largest market for electronic scales in 2023, with a market share of 10.7%. The Middle East and Africa will have the smallest market for electronic weighing machines in 2023, with a market share of 11.6%.

 

Electronic Weighing Machines Market Segment Analysis:

By Type: Laboratory scales hold the largest market share for electronic weighing equipment, followed by the retail scales sector. Throughout the estimated time frame, the laboratory scale market is anticipated to experience considerable expansion due to the demand for precise and accurate weighing in the chemical, pharmaceutical, and food and beverage industries. Due to the rising need for self-service checkout systems in supermarkets and hypermarkets, the retail scale market is also anticipated to expand significantly.

 

By Application: The manufacturing industry and the food and beverage industries are where electronic weighing equipment is most commonly used. Especially for weighing patients and babies, the healthcare sector is a prominent application field. The growing demand for self-service checkout systems is likely to propel the retail sector's growth during the forecast period.

 

Electronic Weighing Machines Market

 

By End-User: The market for electronic weighing equipment is divided into two main end-user segments: commercial and industrial. Self-service checkout systems at supermarkets and hypermarkets are in higher demand, and e-commerce is becoming more and more well-liked, which is why the commercial segment is developing. Because of the rising need for precise and accurate weighing in the mining, construction, and pharmaceutical industries, the industrial segment is anticipated to expand significantly throughout the forecast period. As people become more mindful of their health and fitness, the household segment is anticipated to expand significantly as well.

 

Electronic Weighing Machines Market Competitive Landscape:

In 2022, A&D Company, Ltd. launched a brand-new assortment of precise and user-friendly digital blood pressure monitors.

 

A brand-new line of electronic balances for use in industrial and scientific settings was also unveiled by the company.A&D is also developing new IoT technologies. These innovations will enable real-time data collection by connecting A&D's weighing and measurement equipment to the internet.

 

A new series of electronic weighing devices for the food and beverage sector was introduced by Essae-Teraoka Pvt. Ltd. in 2022. These devices have characteristics like high accuracy, high precision, and data logging and are built to fulfill the demanding standards of the food sector.

 

The laboratory balances from the KERN 300 Series were introduced by Kern & Sohn GmbH in 2022. These balances are developed for a range of purposes, including research, quality control, and education, and they offer excellent accuracy and precision.

Electronic Weighing Machines Market Scope

Market Size in 2023

USD 3.84 Billion.

Market Size in 2030

USD 6.66 Billion.

CAGR (2024-2030)

8.2%

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

Segment Scope

By Type

  • Laboratory scales
  • Gem and jewellery scales
  • Retail scales
  • Health scales
  • Kitchen scales
  • Others (e.g., industrial scales, platform scales, crane scales)

By Application

  • Food and beverage
  • Manufacturing
  • Healthcare
  • Retail
  • Logistics
  • Others (e.g., education, research) 

 

By End-User

  • Commercial
  • Industrial

 

Regional Scope

North America- United States, Canada, and Mexico

Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Electronic Weighing Machines Market Key Players;


Frequently Asked Questions

The Electronic Weighing Machines Market was valued at around US$ 3.84 Billion in 2023.

1.    Global Electronic Weighing Machines Market: Research Methodology 
2.    Global Electronic Weighing Machines Market: Executive Summary
3.    Global Electronic Weighing Machines Market: Competitive Landscape

3.1.    Stellar Competition Matrix
3.2.    Competitive Landscape
3.3.    Key Players Benchmarking
3.4.    Market Structure
3.4.1.    Market Leaders 
3.4.2.    Market Followers
3.4.3.    Emerging Players

3.5.    Consolidation of the Market
4.    Global Electronic Weighing Machines Market: Dynamics
4.1.    Market Trends by Region
4.1.1.    North America
4.1.2.    Europe
4.1.3.    Asia Pacific
4.1.4.    Middle East and Africa
4.1.5.    South America

4.2.    Market Drivers by Region
4.2.1.    North America
4.2.2.    Europe
4.2.3.    Asia Pacific
4.2.4.    Middle East and Africa
4.2.5.    South America

4.3.    Market Restraints
4.4.    Market Opportunities
4.5.    Market Challenges
4.6.    PORTER’s Five Forces Analysis
4.7.    PESTLE Analysis
4.8.    Value Chain Analysis
4.9.    Regulatory Landscape by Region
4.9.1.    North America
4.9.2.    Europe
4.9.3.    Asia Pacific
4.9.4.    Middle East and Africa
4.9.5.    South America

5.    Global Electronic Weighing Machines Market Size and Forecast by Segments (by Value USD and Volume Units)
5.1.    Global Electronic Weighing Machines Market Size and Forecast, by Type (2023-2030)
5.1.1.    Laboratory scales
5.1.2.    Gem and jewellery scales
5.1.3.    Retail scales
5.1.4.    Health scales
5.1.5.    Kitchen scales
5.1.6.    Others

5.2.    Global Electronic Weighing Machines Market Size and Forecast, by Application (2023-2030)
5.2.1.    Food and beverage
5.2.2.    Manufacturing
5.2.3.    Healthcare
5.2.4.    Retail
5.2.5.    Logistics
5.2.6.    Others

5.3.    Global Electronic Weighing Machines Market Size and Forecast, by End-User  (2023-2030)
5.3.1.    Commercial
5.3.2.    Industrial 

5.4.    Global Electronic Weighing Machines Market Size and Forecast, by Region (2023-2030)
5.4.1.    North America
5.4.2.    Europe
5.4.3.    Asia Pacific
5.4.4.    Middle East and Africa
5.4.5.    South America

6.    North America Global Electronic Weighing Machines Market Size and Forecast (by Value USD and Volume Units)
6.1.    North America Global Electronic Weighing Machines Market Size and Forecast, by Type (2023-2030)
6.1.1.    Laboratory scales
6.1.2.    Gem and jewellery scales
6.1.3.    Retail scales
6.1.4.    Health scales
6.1.5.    Kitchen scales
6.1.6.    Others

6.2.    North America Global Electronic Weighing Machines Market Size and Forecast, by Application (2023-2030)
6.2.1.    Food and beverage
6.2.2.    Manufacturing
6.2.3.    Healthcare
6.2.4.    Retail
6.2.5.    Logistics
6.2.6.    Others

6.3.    North America Global Electronic Weighing Machines Market Size and Forecast, by End-User  (2023-2030)
6.3.1.    Commercial
6.3.2.    Industrial 

6.4.    North America Global Electronic Weighing Machines Market Size and Forecast, by Country (2023-2030)
6.4.1.    United States
6.4.2.    Canada
6.4.3.    Mexico

7.    Europe Global Electronic Weighing Machines Market Size and Forecast (by Value USD and Volume Units)
7.1.    Europe Global Electronic Weighing Machines Market Size and Forecast, by Type (2023-2030)
7.1.1.    Laboratory scales
7.1.2.    Gem and jewellery scales
7.1.3.    Retail scales
7.1.4.    Health scales
7.1.5.    Kitchen scales
7.1.6.    Others

7.2.    Europe Global Electronic Weighing Machines Market Size and Forecast, by Application (2023-2030)
7.2.1.    Food and beverage
7.2.2.    Manufacturing
7.2.3.    Healthcare
7.2.4.    Retail
7.2.5.    Logistics
7.2.6.    Others

7.3.    Europe Global Electronic Weighing Machines Market Size and Forecast, by End-User  (2023-2030)
7.3.1.    Commercial
7.3.2.    Industrial 

7.4.    Europe Global Electronic Weighing Machines Market Size and Forecast, by Country (2023-2030)
7.4.1.    UK
7.4.2.    France
7.4.3.    Germany
7.4.4.    Italy
7.4.5.    Spain
7.4.6.    Sweden
7.4.7.    Austria
7.4.8.    Rest of Europe

8.    Asia Pacific Global Electronic Weighing Machines Market Size and Forecast (by Value USD and Volume Units)
8.1.    Asia Pacific Global Electronic Weighing Machines Market Size and Forecast, by Type (2023-2030)
8.1.1.    Laboratory scales
8.1.2.    Gem and jewellery scales
8.1.3.    Retail scales
8.1.4.    Health scales
8.1.5.    Kitchen scales
8.1.6.    Others

8.2.    Asia Pacific Global Electronic Weighing Machines Market Size and Forecast, by Application (2023-2030)
8.2.1.    Food and beverage
8.2.2.    Manufacturing
8.2.3.    Healthcare
8.2.4.    Retail
8.2.5.    Logistics
8.2.6.    Others

8.3.    Asia Pacific Global Electronic Weighing Machines Market Size and Forecast, by End-User  (2023-2030)
8.3.1.    Commercial
8.3.2.    Industrial 

8.4.    Asia Pacific Global Electronic Weighing Machines Market Size and Forecast, by Country (2023-2030)
8.4.1.    China
8.4.2.    S Korea
8.4.3.    Japan
8.4.4.    India
8.4.5.    Australia
8.4.6.    Indonesia 
8.4.7.    Malaysia
8.4.8.    Vietnam
8.4.9.    Taiwan
8.4.10.    Bangladesh 
8.4.11.    Pakistan
8.4.12.    Rest of Asia Pacific

9.    Middle East and Africa Global Electronic Weighing Machines Market Size and Forecast (by Value USD and Volume Units)
9.1.    Middle East and Africa Global Electronic Weighing Machines Market Size and Forecast, by Type (2023-2030)
9.1.1.    Laboratory scales
9.1.2.    Gem and jewellery scales
9.1.3.    Retail scales
9.1.4.    Health scales
9.1.5.    Kitchen scales
9.1.6.    Others

9.2.    Middle East and Africa Global Electronic Weighing Machines Market Size and Forecast, by Application (2023-2030)
9.2.1.    Food and beverage
9.2.2.    Manufacturing
9.2.3.    Healthcare
9.2.4.    Retail
9.2.5.    Logistics
9.2.6.    Others

9.3.    Middle East and Africa Global Electronic Weighing Machines Market Size and Forecast, by End-User  (2023-2030)
9.3.1.    Commercial
9.3.2.    Industrial 

9.4.    Middle East and Africa Global Electronic Weighing Machines Market Size and Forecast, by Country (2023-2030)
9.4.1.    South Africa
9.4.2.    GCC
9.4.3.    Egypt
9.4.4.    Nigeria
9.4.5.    Rest of ME&A

10.    South America Global Electronic Weighing Machines Market Size and Forecast (by Value USD and Volume Units)
10.1.    South America Global Electronic Weighing Machines Market Size and Forecast, by Type (2023-2030)
10.1.1.    Laboratory scales
10.1.2.    Gem and jewellery scales
10.1.3.    Retail scales
10.1.4.    Health scales
10.1.5.    Kitchen scales
10.1.6.    Others

10.2.    South America Global Electronic Weighing Machines Market Size and Forecast, by Application (2023-2030)
10.2.1.    Food and beverage
10.2.2.    Manufacturing
10.2.3.    Healthcare
10.2.4.    Retail
10.2.5.    Logistics
10.2.6.    Others

10.3.    South America Global Electronic Weighing Machines Market Size and Forecast, by End-User  (2023-2030)
10.3.1.    Commercial
10.3.2.    Industrial 

10.4.    South America Global Electronic Weighing Machines Market Size and Forecast, by Country (2023-2030)
10.4.1.    Brazil
10.4.2.    Argentina
10.4.3.    Rest of South America

11.    Company Profile: Key players
11.1.    A&D Company, Ltd.
11.1.2.    Company Overview
11.1.3.    Financial Overview
11.1.4.    Business Portfolio
11.1.5.    SWOT Analysis
11.1.6.    Business Strategy 
11.1.7.    Recent Developments

11.2.    Mettler-Toledo International, Inc.
11.3.    Doran Scales, Inc.
11.4.    Essae-Teraoka Pvt. Ltd.
11.5.    Fairbanks Scales Inc.
11.6.    Kern & Sohn GmbH
11.7.    BONSO Electronics International Inc.
11.8.    Sartorius Group
11.9.    Shimadzu Corporation
12.    Key Findings
13.    Industry Recommendation

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