Global Electronic Balance Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Balance is a device mainly used for weighing in the laboratory-working environment that allows making quick and accurate measurements. An electronic balance is a battery operated balances that provide their results digitally. These balances are exclusively used in laboratories for weighing chemicals to confirm accurate measurement of those chemicals for use in various experiments. Moreover, the balances can be used to weigh food and other grocery items. Chemists exclusively use the tool to weigh medicines.
Electronic Balance Market is segmented based on type, applications, and region. Types such as Bench-Top, Portable, and others classify Electronic Balance Market. Applications into Education, Industry, Scientific Research, and others classify Electronic Balance Industry. Electronic Balance Market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.
Globally, North America accounts for the largest market share of Electronic Balance Market and is estimated to lead the overall market in the upcoming years. The reason being, growing research and development sectors and pharmaceutical industries. Europe and Asia Pacific follow suit. On the other hand, Asia Pacific is estimated to grow at fastest pace in the upcoming years.
The key players of Electronic Balance Market are Setra Systems, A&D Company, Scientech Technologies, Mettler-Toledo International, RADW, Sartorius, PrecisaGravimetrics, Thermo Fisher Scientific, Ohaus Corp., Acculab, Kern & Sohn, Avery weigh-Tronix, Intelligent Weighing Technology, Adam Equipment, Gram Precision, BEL Engineering, Contech Instruments, Bonso Electronics, and CAS Corp. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Electronic Balance in these regions, from 2013 to 2025 (forecast), covering
• North America
• Southeast Asia
Global Electronic Balance market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• A&D Company Ltd.
• Mettler-Toledo International Inc.
• Sartorius AG
• Thermo Fisher Scientific Inc.
• Acculab Inc.
• Avery Weigh-Tronix Inc.
• Adam Equipment Co.
• BEL Engineering srl
• Bonso Electronics Ltd.
• CAS Corp.
• Contech Instruments Ltd.
• Gram Precision S.L.
• Intelligent Weighing Technology Inc.
• Kern & Sohn GmbH
• Ohaus Corp.
• Precisa Gravimetrics AG
• RADW AG
• Scientech Technologies Pvt. Ltd.
• Setra Systems Inc.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Top Loading Balance
• Analytical Balance
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Pharmaceutical Research
• Scientific Research
• Food Research
• Educational Research
Research Support Specialist, USA