DUBLIN--(BUSINESS WIRE)--The "Global Electronic Weighing Scales Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.
The global electronic weighing scales market projected to demonstrate a significant growth, expanding at a CAGR of 4.8% during the forecast period from 2018 to 2026.
The rising need for determining the precise weight of an object is driving the growth prospects of electronic weighing scales market worldwide.
The electronic weighing scales are useful for different purposes from measuring ingredients in the kitchen to the precise measurement of substances in a laboratory. Growing dependence on the electronic weighing scales in various application areas supermarkets, kitchens, hospitals, pharmacies, laboratories, etc. is growing at a substantial rate, which, in turn projected to facilitate the market growth throughout the forecast period from 2018 to 2026.
Based on the product type, the global electronic weighing scales market was led by table top scales in 2017. Table top scales are light, rugged and compact electronic weighing scales. These scales are mainly used in pharmacies, laboratories, cafes, kitchens, and retail applications.
Further, based on end-use vertical, industrial sector dominated the electronic weighing scales market and garnered the largest revenue in 2017. The electronic weighing scales have become a fixture in daily use within the industrial environment. Based on geography, Asia Pacific held the largest market share for electronic weighing scales market in 2017.
The presence of prominent players such as Contech Instruments Limited, A&D Company Limited, The Essae Group, Tanita Corporation, etc. are providing varied business opportunities in the region.
The electronic weighing scales market is fragmented owing to the presence of regional as well as international players. The players are focusing on implementing new innovation strategies and are strengthening their product portfolio to reach potential customers in the emerging markets. New product development and product innovation are amongst the key strategies adopted by the players operating in the market.
For instance, in August 2017, Adam Equipment, one of the leading manufacturer of balances and scales, introduced a NRCS approved PT platform scales. The platform scales are capable of providing a durable weighing solution for several applications in the industrial settings, such as warehouses, shipyards, receiving and shipping docks, distribution centers and recycling facilities.
Key Topics Covered
1.1. Report Description
1.2. Research Scope
1.3. Research Methodology
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Electronic Weighing Scales Market
2.2. Global Electronic Weighing Scales Market, by Product Type, 2017 (US$ Bn)
2.3. Global Electronic Weighing Scales Market, by End-use Vertical, 2017 (US$ Bn)
2.4. Global Electronic Weighing Scales Market, by Geography, 2017 (US$ Bn)
3. Market Dynamics
3.2. Market Dynamics
3.3. See-Saw Analysis
3.4. Attractive Investment Proposition, 2017
3.5. Market Positioning of Key Players, 2017
4. Global Electronic Weighing Scales Market, by Product Type, 2016 - 2026 (US$ Bn)
4.2. Crane Scales
4.3. Pallet Truck Scales
4.4. Platform Scales
4.5. Precision Scales
4.6. Table Top Scales
4.7. Others (Pocket Scales, Personnel Scales, etc.)
5. Global Electronic Weighing Scales Market, by End-use Vertical, 2016 - 2026 (US$ Bn)
5.8. Others (Education, Catering/Food Service and Production, etc.)
6. North America Electronic Weighing Scales Market Analysis, 2016 - 2026 (US$ Bn)
7. Europe Electronic Weighing Scales Market Analysis, 2016 - 2026 (US$ Bn)
8. Asia Pacific Electronic Weighing Scales Market Analysis, 2016 - 2026 (US$ Bn)
9. Rest of the World Electronic Weighing Scales Market Analysis, 2016 - 2026 (US$ Bn)
10. Company Profiles
10.1. Adam Equipment Co. Ltd.
10.2. Avery Weigh Tronix Ltd.
10.3. A&D Company, Limited
10.4. Aczet Pvt. Ltd.
10.5. Atrax Group NZ
10.6. Arlyn Scales
10.7. Cardinal Scale Manufacturing Company
10.8. Contech Instruments Ltd.
10.9. D Brash & Sons Ltd.
10.10. Doran Scales Inc.
10.11. Fairbanks Scales
10.12. KERN & SOHN GmbH
10.13. Mettler-Toledo LLC
10.14. Rice Lake Weighing Systems
10.15. Tanita Corporation
10.16. The Essae Group
10.17. Weightron Bilanciai
For more information about this report visit https://www.researchandmarkets.com/r/jizzjf