North America & Europe in a Close Fight for Second Position in the Global Electronic
Weighing Scale Market
In a new report titled ‘Electronic Weighing Scale Market: Global Industry Analysis (2012 – 2016)
& Forecast (2017 – 2025),’ Persistence Market Research throws light on the key dynamics
anticipated to impact revenue growth of the global electronic weighing scale market during the
eight year period 2017 to 2025. The report analyzes the market drivers, restraints, trends, and
opportunities and presents detailed revenue forecasts of the global and regional markets for
electronic weighing scales. A detailed segmentation of the market has been carried out and in-depth
forecasts and analysis presented for each segment across each assessed geography. According to
Persistence Market Research, the global electronic weighing scale market is estimated to be valued
at US$ 4,306.3 Mn by the end of 2017 and this is expected to increase to US$ 6,338.4 Mn by the
end of the forecast period in 2025. This is reflective of a CAGR of 5.0% in terms of revenue during
the assessment period. Growth in revenue can be attributed to increasing automation in measuring
equipment across various industry verticals.
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Global Electronic Weighing Scale Market: Forecast by Type
The global electronic weighing scale market is segmented on the basis of Type into Table Top Scale,
Platform Scale, Precision Scale, Pocket Scale, and Others. Table Top Scale is the largest segment
with an estimated revenue share of about 35% during the forecast period. Table Top Scale is also the
most attractive segment by type. Platform Scale is the second largest segment by type and is
anticipated to increase 1.5X between 2017 and 2025. The Platform Scale segment is expected to
register high Y-o-Y growth rates throughout the forecast period.
Global Electronic Weighing Scale Market: Forecast by Application
The global electronic weighing scale market is segmented on the basis of Application into
Laboratory Scales, Gem & Jewelry Scales, Retail Scales, Health Scales, Industrial Scales, and
Veterinary Scales. Industrial Scales is the largest segment with a market share of just under 33%
during the forecast period. Retail Scales is the second largest segment with about 24% market share.
In terms of value, the Laboratory Scales segment is anticipated to increase 1.5X between 2017 and
2025.
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Global Electronic Weighing Scale Market: Regional Analysis & Forecast
The different regions assessed in the report on the global electronic weighing scale market are
North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Asia Pacific is
the largest regional market for electronic weighing scales, expected to hold more than 35% value
share of the global market by 2025. Asia Pacific is also the dominant regional market in the global
electronic weighing scale market and is expected to register high Y-o-Y growth rates throughout the
forecast period. In terms of value, the Europe electronic weighing scale market is anticipated to
increase 1.5X between 2017 and 2025. The global electronic weighing scale market is projected to
witness high revenue growth in North America during the forecast period.
Global Electronic Weighing Scale Market: Key Player Analysis
The report profiles some of the leading companies operating in the global electronic weighing scale