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City of Industry, CA -- (SBWIRE) -- 09/21/2018 -- This study focuses on the production side and consumption side of Smart Scale, presents the global Smart Scale market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Smart Scale capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Smart Scale by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Smart scale is a type of electronic weighing machine, which is used to measure an object or a person's weight. In this report, it covers glass platform, stainless steel platform and other product type.
The market volume of smart scale is related to downstream demand and global economy. As there will always be some uncertainties in the global economy in the following years, the growth rate of smart scale market might not keep that fast. But it is surely forecasted that the market of smart scale is still promising.
In 2015, the China currently has a 28.68% production market share of the total worldwide smart scale industry, followed by the EU with 30.71%.
Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, and brand establishment.
The Smart Scale market was valued at 180 Million US$ in 2017 and is projected to reach 370 Million US$ by 2025, at a CAGR of 0.096 during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Smart Scale.
This report includes the following manufacturers; we can also add the other companies as you want.
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Market Segment by Product Type
Stainless Steel Platform
Market Segment by Application
Market size split by Region
Central & South America
Middle East & Africa
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