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Rising Industrial Automation Is Fueling The Growth Of The Electronic Weighing Scales Market Due To Enhanced Efficiency And Productivity: An Emerging Driver Transforming The Electronic Weighing Scales Market Landscape
Our market reports now include the latest updates on global tariffs, trade impacts, and evolving supply chain dynamics.What Is the Projected Growth of the Electronic Weighing Scales Market?
The market size of electronic weighing scales has seen significant growth in the recent past. The market, which is expected to scale up from $5.66 billion in 2024 to $6.03 billion in 2025, is projected to grow at a compound annual growth rate (CAGR) of 6.6%. The impressive growth during the historic period can be ascribed to factors such as an increase in industrial automation, burgeoning growth in the retail and logistics sectors, the widespread use in laboratories, the expanding food and beverage industry, and the heightened demand for accurate weight measurement.
In the coming years, the electronic weighing scales market is projected to experience robust growth, with its value predicted to reach $7.72 billion in 2029, growing at a compound annual growth rate of 6.4%. This growth over the forecast period is linked to the expansion of the e-commerce sector, increased uptake of digital technologies, growing needs for healthcare applications, the enlargement of manufacturing industries, and the imposition of government regulations advocating for accuracy standards. The key trends to watch for during this forecast period encompass IoT integration and connectivity features, the production of portable and compact scales, cloud-based data retention, multifunctional weighing systems, and the utilization of AI and machine learning for predictive maintenance.
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What Are the Different Electronic Weighing Scales Market Segments?
The electronic weighing scales market covered in this report is segmented -
1) By Type: Table Top Scale, Platform Scale, Precision Scale, Pocket Scale, Other Types
2) By Application: Electronic Weighing Scale, Electronic Industrial Counting Scale, Electronic Retail Printer Scale, Electronic Weighing Balance
3) By End User: Industrial, Veterinary, Scientific Or Laboratory, Jewelry, Food And Beverages, Health And Fitness, Education Or Research, Other End Users
Subsegments:
1) By Table Top Scale: Digital Table Top Scale, Analog Table Top Scale, Bench Scale
2) By Platform Scale: Digital Platform Scale, Analog Platform Scale, Heavy-Duty Platform Scale
3) By Precision Scale: Analytical Precision Scale, Micro Precision Scale, High Precision Scale
4) By Pocket Scale: Digital Pocket Scale, Miniature Pocket Scale
5) By Other Types: Crane Scale, Hanging Scale, Floor Scale, Counting Scale
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What Are the Primary Drivers Shaping the Electronic Weighing Scales Market?
The surge in industrial automation is anticipated to fuel the expansion of the electronic weighing scales market. Industrial automation involves using control systems such as computers, robots, and information technologies to manage various processes and machinery in an industry, reducing human involvement. The rising trend in industrial automation is primarily motivated by the pursuit for enhanced efficiency. Automation systems lessen human errors, streamline production procedures and bolster the pace and uniformity of operations. This leads to increased productivity and reduces operational expenses for businesses. Electronic weighing scales play a crucial role in industrial automation by providing accurate, real-time weight data, enhancing efficiency, uniformity, and precision in production and quality control operations. For example, as per the Industrial Robots Statistics 2023 by the International Federation of Robotics, in 2022, the placement of industrial robots in Asia reached 404,578 units marking a 5% increase as compared to the 385,143 units installed in 2021. Consequently, the surge in industrial automation is steering the expansion of the electronic weighing scales market.
Which Companies Are Leading in the Electronic Weighing Scales Market?
Major companies operating in the electronic weighing scales market are Sartorius AG, Mettler Toledo, Shimadzu Corporation, Rice Lake Weighing Systems, Fairbanks Scales Inc, Cardinal Scale Manufacturing Company, Yamato Scale Co Ltd, Tor Rey USA, Radwag Balances and Scales, Tanita Corporation, A&D Company Limited, PCE Instruments, Phoenix Scales, Precisa Gravimetrics AG, BEL Engineering Srl, Elane Electronics, CAS Corporation, Elane Electronics, Doran Scales Inc, Essae-Teraoka Pvt Ltd, Contech Instruments Ltd, Intelligent Weighing Technology Inc, Tovatech LLC.
What Are the Major Trends Shaping the Electronic Weighing Scales Market?
Many major businesses involved in the electronic weighing scales market are turning towards strategic collaborations to invent novel weighing scales. These strategic partnerships in the electronic weighing scale sector are spurring innovation and enabling companies to diversify their product range, thus increasing their market reach and catering to the escalating demand for technologically advanced weighing solutions. For example, Woolworths Group Limited, a supermarket chain based in Australia, teamed up with Tiliter Pty Ltd., an Australian AI tech firm, in June 2022 to unveil AI-enabled weighing scales. The objective of this initiative is to facilitate the buying process of fresh produce by utilizing Tiliter's intelligent scales to automatically identify and weigh items. This technology aims to decrease checkout durations, elevate consumer convenience, reduce human mistakes, enhance operational productivity, and provide a more streamlined and accessible shopping encounter in-store for all customers.
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What Are the Top Revenue-Generating Geographies in the Electronic Weighing Scales Market?
North America was the largest region in the electronic weighing scales market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the electronic weighing scales market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Electronic Weighing Scales Market?
2. What is the CAGR expected in the Electronic Weighing Scales Market?
3. What Are the Key Innovations Transforming the Electronic Weighing Scales Industry?
4. Which Region Is Leading the Electronic Weighing Scales Market?
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