Global Electronic Weighing Machines Market Size & Outlook
Global electronic weighing machines market, 2016-2028 (US$M)
Related Markets
Global electronic weighing machines market highlights
- The global electronic weighing machines market generated a revenue of USD 3,377.9 million in 2020 and is expected to reach USD 4,529.6 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 3.7% by 2028.
- In terms of segment, retail scale accounted for a revenue of USD 1,119.5 million in 2020.
- Laboratory scale is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2020.
- Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2028.
Global data book summary
| Market revenue in 2020 | USD 3,377.9 million |
| Market revenue in 2028 | USD 4,529.6 million |
| Growth rate | 3.7% (CAGR from 2020 to 2028) |
| Largest segment | Retail scale |
| Fastest growing segment | Laboratory scale |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Laboratory scale, Gem and Jewelry scale, Retail scale, Health scale, Kitchen scale |
Other key industry trends
- In terms of revenue, the North America accounted for 25.4% of the global electronic weighing machines market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, Brazil is the fastest growing regional market and is projected to reach USD 179.9 million by 2028.
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Electronic Weighing Machines Market Scope
Electronic Weighing Machines Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global electronic weighing machines market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electronic weighing machines market will help companies and investors design strategic landscapes.
Retail scale was the largest segment with a revenue share of 33.14% in 2020. Horizon Databook has segmented the Global electronic weighing machines market based on laboratory scale, gem and jewelry scale, retail scale, health scale, kitchen scale covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Electronic Weighing Machines End Use Outlook (Revenue, USD Million, 2016-2028)
- Laboratory scale
- Gem and Jewelry scale
- Retail scale
- Health scale
- Kitchen scale
- Others
- Global Electronic Weighing Machines Distribution channel Outlook (Revenue, USD Million, 2016-2028)
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Horizon Databook provides a detailed overview of global-level data and insights on the Global electronic weighing machines market , including forecasts for subscribers. This global databook contains high-level insights into Global electronic weighing machines market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Global electronic weighing machines market size, by regions, 2016-2028 (US$M)
Top 10 countries: Electronic weighing machines market size, 2020 (US$M)
Global electronic weighing machines market share, by end use, 2020 & 2028 (%, US$M)
Electronic weighing machines market: Opportunity assessment by country
Global electronic weighing machines market, by region, 2020 (US$M)
Related regional statistics
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