Whether you're expanding or optimizing within the precision weights industry, this report offers the clarity and context needed for confident decision-making.
How Much Is The Precision Weights Market Worth?
The precision weights market size has grown steadily in recent years. It will grow from $1.2 billion in 2024 to $1.24 billion in 2025 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to increasing focus on preventive healthcare, rise in demand for data-driven health insights, growing prevalence of lifestyle-related diseases, advancements in wearable health technology, rising adoption of artificial intelligence in healthcare.
The precision weights market size is expected to see steady growth in the next few years. It will grow to $1.5 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to increasing integration of artificial intelligence in healthcare, rise in demand for personalized weight management solutions, growing awareness of metabolic health, advancements in data analytics and machine learning, rising consumer preference for health monitoring devices. Major trends in the forecast period include advancement in personalized weight management technologies, advanced integration of AI for real-time health monitoring, development of smart wearable devices for weight tracking, innovation in data-driven health optimization solutions, and advancement of mobile apps for precision weight management.
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What Are The Current Leading Growth Drivers For Precision Weights Market?
The growing demand from manufacturing industries is expected to propel the growth of the precision weight market going forward. Manufacturing industries refer to sectors involved in the production of goods using labor, machinery, tools, and chemical or biological processing. The rise in manufacturing industries is driven by the increasing demand for mass-produced goods, as consumers and businesses seek affordable, standardized products that can be produced quickly and at scale to meet global market needs. Precision weight helps manufacturing industries by ensuring accurate measures in production processes, leading to consistent product quality, reduced material waste, and improved operational efficiency. For instance, in 2022, according to the United Nations Industrial Development Organization, an Austria-based specialized agency, global manufacturing production maintained steady growth in the third quarter of 2022, recording a 3.6% year-over-year increase, up from the 3.0% growth observed in the previous quarter. Therefore, the growing demand from manufacturing industries is driving the growth of the precision weight market.
Which Segment Accounted For The Largest Precision Weights Market Share?
The precision weights market covered in this report is segmented –
1) By Type: Semi-Automatic, Automatic, Other Types
2) By Material Type: Stainless Steel Precision Weights, Brass Precision Weights, Aluminum Precision Weights, Non-Corrosive Precision Weights, Glass Precision Weights
3) By Application: Industrial, Research Institute, Other Applications
Subsegments:
1) By Semi-Automatic: Manual Load Or Unload with Automated Weighing, Digital Semi-Automatic Weighing Machines, Analog Semi-Automatic Weighing Machines
2) By Automatic: Fully Automated Weighing Systems, High-Speed Automatic Weighing Machines, Digital Automatic Weighing Machines, Automated Analytical Balances
3) By Other Types: Laboratory Precision Weighing Equipment, Industrial Precision Weighing Equipment, Precision Weight Scales With Calibration Features
Which Are The Top Companies To Hold The Market Share In Precision Weights Market?
Major companies operating in the precision weights market are Sartorius AG, Mettler-Toledo International Inc., Shimadzu Corporation, Bizerba SE & Co. KG, Vishay Precision Group Inc., Avery Weigh-Tronix, Ohaus Corporation, Fairbanks Scales Inc., Flintec, Cardinal Scale Manufacturing Company, Scanvaegt Systems A/S, Essae Group, Yamato Scale Co. Ltd, Walz Scale, Kern & Sohn GmbH, A&D Company Limited, Adam Equipment Ltd, Atlas Weighing Equipment, Minebea Intec, Contech Instruments Ltd, Sauter GmbH, Pesola AG.
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Which Region Is Projected To Account For The Largest Share Of The Precision Weights Market?
Asia-Pacific was the largest region in the precision weight market in 2024. The regions covered in the precision weights market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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