Laboratory Balances and Scales Industry Trends, Share, Demand Analysis By Product Type(Balances, Comparators, Software and Accessories), By Application, By End-User Industries( Research Laboratories-Food, Chemical, Manufacturing, Pharmaceutical)

Global Laboratory Balances and Scales Industry Outlook 2017-2025

Scale and Balance calculate mass by measuring weight and compares masses by the pair of scales using a balance beam. Global scale and balance market size is anticipated to reach USD 1.0 billion by 2025. Goldstein Research analyst forecast that the global laboratory balances and scales industry is expected to grow at a CAGR of 3.7% during 2017-2025 period to reach a market size of USD 0.40 billion by 2025. The major factors impacting the laboratory balance and scale market are the technological innovation in scale and balance industry, growth in end use industries, frequent mandatory quality checks and certifications such as ISO 9001. Furthermore, advancement of technology has widened the application of laboratory scale and balances with the support of software solutions. There is trend of installing scale and balance system that includes both equipment and software to achieve real time data and errors related to weight and provides management solutions. Such that Mettler Toledo has designed software that can be integrated with weighing equipment and personal computer or terminal, for the purpose of making batching, formulation and statistical process quality control.

Global Laboratory Balances and Scales Market Segmentation

By Product Type

• Balances

  • Ultra-microbalances / Microbalances                                                                           
  • Analytical balances                                                                            
  • Precision balances                                                                           
  • Portable/ Compact Balances                                                                            
  • Industrial                                                                           
  • Mechanical    
• Comparators
  • Mass                                                                           
  • Density                                                                           
  • Magnetism                                                                           
  • Volume 
• Software & Accessories
  • Software
  • Weights                                                                            
  • Ergo Clips                                                                           
  • Optional Interfaces                                                                           
  • Displays                                                                            
  • Other accessories 
• Others

By Application

• Weighing                                                                               
  • Lab Precision and Analytical Weighing                                                                           
  • Formula Weighing                                                                           
  • Hazardous Area Weighing                                                                            
  • Dynamic Weighing                                                                           
  • Filter Weighing                                                                           
• Comparison                                                                                
  • Density Comparators                                                                           
  • Differential Weighing Scales                                                                            
  • Mass Comparators                                                                           
  • Volume Comparators                                                                           
• Quality control and Statistical Process                                                                                 
  • Filling process                                                                           
  • Sample preparation                                                                           
  • Powder dosing                                                                           
• Calibration                                                                               
  • Pipette Calibration                                                                            
  • Weight Calibration                                                                           
  • Balance Calibration 

By End-Use Industries

• Food Research Laboratories
• Chemical Research Laboratories
• Manufacturing Research Laboratories
• Pharmaceutical Research Laboratories
• Academic Institutions
• Other Laboratories

Chemical research laboratories segment acquire largest market share of nearly 45.0% in 2017 of the total laboratory balance and scale market owing to high application of balance and scale for accuracy, precision and trueness of the chemicals in the process.

By Geography

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

Based on geography, North America region accounted for largest revenue share of 30.4% in 2017 of the global laboratory balances and scales market owing to presence of major players of the industry manufacturing the balances & scales coupled with the presence of top research laboratories from nearly every industry that are using the balances and scales. Furthermore, various companies expanding their research processes to the developing regions such as Asia Pacific tends have high growth rate of the market i.e. 3.9% CAGR during the forecast period 2017-2025.

Covered In This Global Laboratory Balances and Scales Market Report

The report covers the present ground scenario and the future growth prospects of the Laboratory balances and scales industry for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.

Global Laboratory Balances and Scales industry Outlook 2017-2025, has been prepared based on an in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the Global Laboratory balances and scales market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Laboratory Balances and Scales industry Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Our Global Laboratory balances and scales industry report comprises of the following companies as the key players: A&D Company Ltd., Avery Weigh-Tronix Inc., Bonso Electronics Limited, Mettler Toledo, Ohaus Corporation, CAS Corporation, Denver Instrument Company, Sartorius AG, Acculab, Thermo Fisher Scientific Inc., etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. 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 Laboratory Balances and Scales Industry Report

• What is the total market size by 2025 and what would be the expected growth rate of market?
• What is the total revenue per segment and region in 2017-18 and what would be the expected revenue per segment and region over the forecast 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 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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