India Electronic Weighing Machines Market Size & Outlook
India electronic weighing machines market, 2016-2028 (US$M)
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India electronic weighing machines market highlights
- The India electronic weighing machines market generated a revenue of USD 190.2 million in 2020 and is expected to reach USD 264.1 million by 2028.
- The India market is expected to grow at a CAGR of 4.2% 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.
Electronic weighing machines market data book summary
| Market revenue in 2020 | USD 190.2 million |
| Market revenue in 2028 | USD 264.1 million |
| Growth rate | 4.2% (CAGR from 2020 to 2028) |
| Largest segment | Retail scale |
| Fastest growing segment | Laboratory scale |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 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, India accounted for 5.6% of the global electronic weighing machines market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China electronic weighing machines market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 301.3 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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India 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 33.23% in 2020. Horizon Databook has segmented the India 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 country-level data and insights on the India electronic weighing machines market , including forecasts for subscribers. This country databook contains high-level insights into India electronic weighing machines market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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India electronic weighing machines market size, by end use, 2016-2028 (US$M)
India Electronic Weighing Machines Market Outlook Share, 2020 & 2028 (US$M)
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