About Digital Weighing Scales
Weighing is a fundamental process for any business. When reviewing goods when quantifying products for sale or when monitoring processes, weight is a critical tool for maintaining quality, controlling costs, and determining efficiency. The scale needs to stay fine-tuned to get the most accurate and consistent readings. Digital scales are measuring instruments used to determine the weight or mass of an object. Digital scales are just a replacement for analog scales, and that replacement didn't happen overnight. With time and technological progress, digital scales came along. A digital scale is very accurate as well as a precise analog front-end (AFE) instrument, which is used for force sensors for the purpose of measuring the stress on an object. These scales are used in a wide variety of industrial and commercial products and applications. The increasing requirement to determine the exact weight of an object is driving the growth prospects of the global market for digital scales worldwide. Due to the more advanced mechanisms and a package full of functions, this scale becomes a little more expensive compared to the old analog scale.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Digital Weighing Scales market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Doran Scales, Inc. (United States), Weightron Bilanciai (United Kingdom), KERN & SOHN GmbH (Germany), Arlyn Scales (United States), Truweigh LLC (United States), Fairbanks Scales (United States), Contech Instruments Ltd. (India), D Brash & Sons Ltd. (United Kingdom), Mettler-Toledo, LLC (Switzerland), The Essae Group (India), Rice Lake Weighing Systems (United States), Adam Equipment Co. Ltd. (United States), Cardinal Scale Manufacturing Company (United States) and Aczet Pvt. Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Avery Weigh Tronix LLC (United States), Atrax Group NZ (New Zealand), Tanita Corporation (Japan) and A&D Company (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Digital Weighing Scales market by Type (Crane Scales, Pallet Truck Scales, Platform Scales, Precision Scales, Table Top Scales and Others), Application (Retail, Healthcare, Laboratories, Jewelry and Other) and Region.
On the basis of geography, the market of Digital Weighing Scales has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Weighing Capacity, the sub-segment i.e. 1-10 Kg will boost the Digital Weighing Scales market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operating Type, the sub-segment i.e. On Electricity will boost the Digital Weighing Scales market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Digital Weighing Scales market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The Adoption of Electronic Weighing Scales in Lift Truck Scales for Logistics and Shipping Operations, Growing Dependence on the Electronic Weighing Scales in Several Application Areas and Growing Trend in Reliability, Accuracy, Durability, Portability, Ease of Calibration, And Extra Features
Market Growth Drivers:
Increase Usage in the Commercial and Residential Sectors Owing To Increasing Economic Activities, Growing Need to Maintain Precisions in Process, Shifting Consumer Preference from Traditional To Digital Weighing Machines, Increasing Urbanization and a Growing Number of Retail Stores and Increasing Automation across the Developing Regions
Challenges:
Limitations on Usage
Restraints:
High Maintenance Costs, Electricity Bills, and High Prices
Opportunities:
Technological Advancements in Laboratory Balances and Scales and Rising Adoption for Testing and Measurement of Materials in End-Use Industries
Market Leaders and their expansionary development strategies
In October 2023, US-based kitchen appliance manufacturer Acme launched a new smart kitchen scale. The scale features Bluetooth connectivity and an app that provides users with recipe guidance and portion control tips.
In July 2023, German weighing technology giant Bizerba acquired US-based Avery Weigh-Tronix. This deal combines Bizerba's strong presence in Europe and Asia with Avery Weigh-Tronix's expertise in the North American market, creating a global leader in the weighing industry.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Digital Weighing Scales, Suppliers and Distributors of Digital Weighing Scales, Venture Capitalists and Private Equity Firms, Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.