Europe Electronic Weighing Machines Market Size & Outlook
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Europe electronic weighing machines market highlights
- The Europe electronic weighing machines market generated a revenue of USD 709.7 million in 2020.
- The market is expected to grow at a CAGR of 3.6% from 2021 to 2028.
- In terms of segment, retail scale was the largest revenue generating end use in 2020.
- Laboratory scale is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 709.7 million |
| Market revenue in 2028 | USD 941.3 million |
| Growth rate | 3.6% (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 |
| Key market players worldwide | A&D Company, Mettler-Toledo International Inc, Doran, Essae-teraoka, Fairbanks Scales, Kern & Sohn, BONSO Electronics International, Shimadzu Corp, Sartorius AG, Illinois Tool Works Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 21.0% of the global electronic weighing machines market in 2020.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,679.5 million by 2028.
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Electronic Weighing Machines Market Scope
Electronic Weighing Machines Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BONSO Electronics International | View profile | 1001-5000 | Kowloon City, Kowloon, Hong Kong, Asia | http://www.bonso.com/en |
| Kern & Sohn | View profile | 51-100 | Balingen, Baden-Wurttemberg, Germany, Europe | https://www.kern-sohn.com/ |
| Fairbanks Scales | View profile | 501-1000 | Kansas City, Missouri, United States, North America | https://www.fairbanks.com/ |
| Essae-teraoka | View profile | 501-1000 | Bangalore, Karnataka, India, Asia | http://www.essae.com |
| Doran | View profile | 11-50 | Saint Charles, Illinois, United States, North America | https://www.doranscales.com |
| A&D Company | View profile | 1001-5000 | Tokyo, Tokyo, Japan, Asia | http://www.aandd.jp |
| Mettler-Toledo International Inc | View profile | 17300 | 1900 Polaris Parkway, Columbus, OH, United States, 43240 | https://www.mt.com |
| Illinois Tool Works Inc | View profile | 45000 | 155 Harlem Avenue, Glenview, IL, United States, 60025 | https://www.itw.com |
| Sartorius AG | View profile | 14338 | Otto-Brenner-Strasse 20, Gottingen, NI, Germany, 37079 | https://www.sartorius.com |
| Shimadzu Corp | View profile | 15284 | 1, Nishinokyo-Kuwabara-cho, Nakagyo-ku, Kyoto, Japan, 604-8511 | http://www.shimadzu.com |
Europe 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 35.45% in 2020. Horizon Databook has segmented the Europe 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.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe electronic weighing machines market , including forecasts for subscribers. This continent databook contains high-level insights into Europe electronic weighing machines market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Europe electronic weighing machines market size, by country, 2016-2028 (US$M)
Europe Electronic Weighing Machines Market Outlook Share, 2020 & 2028 (US$M)
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