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Electronic Scales market


Electronic Scales market by Type (Table Top Scale, Platform Scale, Precision Scale, Pocket Scale), by End-Use Vertical (Industrial, Veterinary, Scientific/Laboratory, Jewelry, Food & Beverages, Health & Fitness, Industrial, Education) — Global Forecast till 2023 – PowerPoint PPT presentation

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Title: Electronic Scales market

Electronic Scales market Research Report By
Forecast 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
Electronic Scales market Forecast To 2023
Electronic Scales market Forecast To 2023
Electronic weighing scales have paved its way
across different industry verticals owing to its
high accuracy, cost-effectiveness, and easy
operation. It has been highlighted by Market
Research Future (MRFR) that the global Electronic
Scales market is set to thrive at a CAGR of 5.54
across the assessment period 2017 to 2023. The
markets valuation is expected to reach USD 4.57
Bn by 2023 up from USD 3.35 Bn in 2017.
Electronic Scales market Forecast To 2023
Taste the market data and market information
presented through more than 50 market data tables
and figures spread in 100 numbers of pages of the
project report. Avail the in-depth table of
content TOC market synopsis on Internet of
Electronic Scales market Forecast To 2023
  • Increasing export and import transactions are
    anticipated to encourage the growth of the
    Electronic Scales market across the projection
    period. These scales are used extensively in the
    measurement of products being exported or
    imported. Also, the rising use of these scales in
    the chemical industry for weighing gases and
    liquids are expected to accelerate revenue
    creation for the players of the Electronic Scales
    market in the forthcoming years. However, the
    high cost of these devices is likely to restrict
    market growth over the forecast period.

Electronic Scales market Forecast To 2023
Global Electronic Scales market Segmented on the
basis of
The segments of the global Electronic Scales
market, based on type, are platform scale, table
top scale, pocket scale, precision scale, and
others. The key advantages offered by tabletop
scale such as easy operation, lightweight, and
cost-effectiveness are expected to lead the
expansion of the segment in the forthcoming
years. The table top segment is projected to hold
the dominant share of the market over the next
couple of years. On the basis of end-use
vertical, the Electronic Scales market has been
segmented into industrial, scientific/laboratory,
veterinary, jewelry, health fitness,
education/research, food beverages, and others.
Among these, the industrial segment is
anticipated to account for the maximum market
share in the nearby future owing to its extensive
use in measurement during imports and exports.
Also, the rising demand for accuracy in measuring
liquids and gases in industrial applications is
poised to boost the revenue growth of the segment
over the next few years.
Electronic Scales market Forecast To 2023
Global Electronic Scales market - Geographical
The global Electronic Scales market, on the basis
of region, has been segmented into four regions -
North America, Asia Pacific (APAC), Europe, and
the Rest of the World (RoW). North America is the
largest market for electronic weighing scales.
The factor that is anticipated to propel market
expansion in the region is the large-scale
adoption of industrial automation. It has led to
an increase in the use of automated equipment in
the region, which is poised to drive the growth
of the Electronic Scales market over the next
couple of years. Also, the advancements in
technology being observed in the region are
poised to boost the growth of the market in the
years to come. Europe is prognosticated to
exhibit similar trends as that of North America.
Industrial automation is anticipated to expand
the Electronic Scales market in the nearby
future. Asia Pacific is projected to expand at a
comparatively higher CAGR across the assessment
period. The availability of low-cost materials is
promoting the mass production of electronic
devices in the region. It is poised to accelerate
market growth over the next few years.
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Electronic Scales market Forecast To 2023
Global Electronic Scales market - Competitive
  • Tanita Corporation (Japan), AD Company, Limited
    (US), Fairbanks Scales (US), Adam Equipment (UK),
    Essae-Teraoka Pvt. Ltd (India), KERN SOHN GmbH
    (Germany), Mettler Toredo (US), Contech
    Instruments Ltd (India), Shinko Denshi Co., Ltd
    (Japan), Cardinal Scale Manufacturing Company
    (US) are some of the key participants of the
    global Electronic Scales market. The expansion
    strategies of these participants are anticipated
    to facilitate market growth over the evaluation
    period. Some of these strategies are mergers
    acquisitions, collaborations, product
    development, research development,
    partnerships, etc. In addition, the rising
    investments in technological advancements are
    further projected to catapult the Electronic
    Scales market on upward trajectory.

Browse Report _at_ https//www.marketresearchfuture.c
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
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Research Reports (HCRR), Raw Research Reports
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Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright
2018 Market Research Future All Rights Reserved.
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