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Market Research Report

Scale & Balance Market Report 2017-2025: Segmentation (By Products, By Services, By Distribution Channel, By End User, By Region), Demand Analysis, Growth Opportunity, & Market Restraints

Published On : 2018-05-15 Report Page : 320 Category: Healthcare

Global Scale and Balance Market Outlook 2017-2025

Market Overview

Scale and Balance calculate mass by measuring weight and compares masses by the pair of scales using a balance beam. The scales and balances are used across various industries for precision and accuracy, such as in construction industry, food and beverage industry, chemical industry and healthcare industry. The growing number of construction projects across the world such as Jubail II, Al Maktoum airport, London crossrail project, Sellafield nuclear site and Dubailand tends to boost the supply of scale and balances for measuring the inputs, finished goods and waste in order to decrease the waste and maximize the productivity and efficiency. The major scale and balance types used in construction industry are truck scales, conveyor scales, floor and bench scales. Avery Weigh-Tronix is one of the major global players that manufactures and provide scale and balance related services all over the world that covers almost every industry requirement related to weigh scales and systems. It also provides software solutions that are designed to work with the weighing equipment along with weighing intelligence and weighing data management solutions.

Goldstein Research analyst forecast that the global scale and balance market size is set to reach USD 1.0 billion by 2025, growing at a CAGR of 3.1% over the forecast period. The factors such as technological innovation in scale and balance, growth in end use industries, frequent quality checks and certifications such as ISO 9001 tends to impact the growth of global scale and balance market.

By Target Audience

  • Scale and balance Manufacturers
  • Suppliers And Distributors
  • Research Institutions
  • Industry Players
  • New Market Entrants

Covered in This Global Scale and Balance Market Report

The report covers the present ground scenario and the future growth prospects of the scale and balance market for 2017-2025 along with the global sales and global revenue of scale and balance market. We calculated the market size and revenue share on the basis of revenue generated from major players across the globe. We have forecast the market on the basis of scale and balance manufacturers, suppliers and distributors.

Global Scale and Balance Market Segmentation

By Products

  • Bench and Floor Scales
  • Laboratory Balance and Scales
  • Truck Scales
  • Hanging Scales
  • Counting Scales
  • Others (Medical and Baby Weighing Scales, etc.)

By Services

  • Engineering Support Service
  • Installation Services
  • Upgrade, Maintenance and Repair Services
  • Software Solutions

By Distribution Channel

  • Online
  • Offline

By End-User

  • Construction Industry
  • Food and Beverage Industry
  • Transport and Logistics
  • Manufacturing Industry
  • Chemical Industry
  • Mining Industry
  • Healthcare Industry
  • Other (Recycling Industry, etc.)

Based On Geography

  • North America (U.S. & Canada)  Scale and Balance Market {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Scale and Balance Market {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Scale and Balance Market {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Scale and Balance Market {Market Share (%), Market Size (USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa)  Scale and Balance Market {Market Share (%), Market Size (USD Billion)}

On the basis of product type, truck scale accounted for largest market share of 26.4% in 2017, on the back of its application across various industries such as logistics, construction and mining, which accounts for generating huge revenues. Further, with the growth of internet penetration and advanced logistic facilities, online sales platform tend to grow at a CAGR of 3.4% over the forecast period.

Scale and balance market outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the scale and balance market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global scale and balance market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Scale & Balance Industry Trends, Drivers and Challenges

The advancement of technology has widened the application of scale and balances with the support of software solutions. There is trend of installing scale and balance system that includes both equipment and software. The software helps in getting real time data of production management system, errors related to weight and provides management solution. The rise in application of scale and balance system is expected to boost the growth of global scale and balance market.

The developmental activities such as construction, advanced logistics, mining and manufacturing are majorly driving the growth of global scale and balance market. The Growth in these industries boosts the supply of equipment and related services, and further profits to the manufacturers and suppliers.

However, use of scale and balances is highly dependent upon the consumer spending, freight volume and manufacturing output from different industries which hinders the growth of the market. Also the application of scale and balance in weighing small quantities requires to be cost efficient such as in weighing food and beverages products and baby weighing among other applications.

Global Scale and Balance Market Analysis

Based on geography, Asia-Pacific region accounted for largest market share of 31.7% in 2017 of global scale and balance market; owing to huge development activities at a large scale that demand for certified scale and balance equipment and services. Thus there is growing demand from APAC region for installation of scale and balances at residential, commercial and industrial areas. North America scale and balances market is growing at a rate of 3.3% annually as the major players manufacturing scale and balances are established within this region.

Key Players

Global Scale and balance market report comprises of the following companies as the key players in the scale and balance market: Micro-Star International, Avery Weigh-Tronix, Minebea Intec, A&D Weighing, Fairbanks Scales, Ohaus, Sartorious, Rice Lake Weigheing Systems, CAS Corporation.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Scale and Balance Market Report

  • What is the total market size by 2025 and what would be the expected growth rate?
  • What is the revenue of scale and balance market in 2016-17 and what would be the expected demand over the forecasted period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who all are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

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Scale & Balance Market Report 2017-2025: Segmentation (By Products, By Services, By Distribution Channel, By End User, By Region), Demand Analysis, Growth Opportunity, & Market Restraints

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

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