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Global Electronic Precision Balance Market Research Report 2025
Synopsis
Precision balances are made for reliable and high-precision weighing,enabling a more accurate weight reading.
Global Electronic Precision Balance market is projected to reach US$ 425.2 million in 2029, increasing from US$ 324 million in 2022, with the CAGR of 3.9% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Electronic Precision Balance market research.
The laboratory balance market is driven by the increasing demand for accurate and precise measurements in various scientific and research applications. Laboratory balances play a crucial role in weighing and measuring substances with high accuracy, essential for experiments, quality control, and formulation processes in industries such as pharmaceuticals, biotechnology, chemistry, and environmental sciences. The growing focus on research and development, stringent regulatory requirements, and the need for reproducible results contribute to the market's growth. Moreover, advancements in technology, such as digital weighing sensors, improved data connectivity, and automation features, have further propelled the adoption of laboratory balances. However, the market also faces challenges, including the high initial cost of technologically advanced balances and the need for regular calibration and maintenance to ensure accuracy. Additionally, intense competition from alternative measuring methods and the availability of cheaper alternatives in the market can pose obstacles for manufacturers. To thrive in this market, companies must focus on product innovation, ensuring compliance with regulatory standards, providing excellent customer support, and offering cost-effective solutions to meet the diverse needs of laboratories and research facilities.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Electronic Precision Balance market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Mettler Toledo
Sartorius
A&D
Shimadzu
Thermo Fisher
Techcomp (Precisa)
Adam Equipment
KERN & SOHN
BEL Engineering
Radwag
Segment by Type
1mg
10mg
100mg
Segment by Application
University
Research Center
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Electronic Precision Balance report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Precision balances are made for reliable and high-precision weighing,enabling a more accurate weight reading.
Global Electronic Precision Balance market is projected to reach US$ 425.2 million in 2029, increasing from US$ 324 million in 2022, with the CAGR of 3.9% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Electronic Precision Balance market research.
The laboratory balance market is driven by the increasing demand for accurate and precise measurements in various scientific and research applications. Laboratory balances play a crucial role in weighing and measuring substances with high accuracy, essential for experiments, quality control, and formulation processes in industries such as pharmaceuticals, biotechnology, chemistry, and environmental sciences. The growing focus on research and development, stringent regulatory requirements, and the need for reproducible results contribute to the market's growth. Moreover, advancements in technology, such as digital weighing sensors, improved data connectivity, and automation features, have further propelled the adoption of laboratory balances. However, the market also faces challenges, including the high initial cost of technologically advanced balances and the need for regular calibration and maintenance to ensure accuracy. Additionally, intense competition from alternative measuring methods and the availability of cheaper alternatives in the market can pose obstacles for manufacturers. To thrive in this market, companies must focus on product innovation, ensuring compliance with regulatory standards, providing excellent customer support, and offering cost-effective solutions to meet the diverse needs of laboratories and research facilities.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Electronic Precision Balance market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Mettler Toledo
Sartorius
A&D
Shimadzu
Thermo Fisher
Techcomp (Precisa)
Adam Equipment
KERN & SOHN
BEL Engineering
Radwag
Segment by Type
1mg
10mg
100mg
Segment by Application
University
Research Center
Other
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Electronic Precision Balance report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Electronic Precision Balance Market Overview
1.1 Product Definition
1.2 Electronic Precision Balance Segment by Type
1.2.1 Global Electronic Precision Balance Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 1mg
1.2.3 10mg
1.2.4 100mg
1.3 Electronic Precision Balance Segment by Application
1.3.1 Global Electronic Precision Balance Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 University
1.3.3 Research Center
1.3.4 Other
1.4 Global Market Growth Prospects
1.4.1 Global Electronic Precision Balance Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Electronic Precision Balance Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Electronic Precision Balance Production Estimates and Forecasts (2018-2029)
1.4.4 Global Electronic Precision Balance Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electronic Precision Balance Production Market Share by Manufacturers (2018-2023)
2.2 Global Electronic Precision Balance Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Electronic Precision Balance, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Electronic Precision Balance Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electronic Precision Balance Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Electronic Precision Balance, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electronic Precision Balance, Product Offered and Application
2.8 Global Key Manufacturers of Electronic Precision Balance, Date of Enter into This Industry
2.9 Electronic Precision Balance Market Competitive Situation and Trends
2.9.1 Electronic Precision Balance Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electronic Precision Balance Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electronic Precision Balance Production by Region
3.1 Global Electronic Precision Balance Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Electronic Precision Balance Production Value by Region (2018-2029)
3.2.1 Global Electronic Precision Balance Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Electronic Precision Balance by Region (2024-2029)
3.3 Global Electronic Precision Balance Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Electronic Precision Balance Production by Region (2018-2029)
3.4.1 Global Electronic Precision Balance Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Electronic Precision Balance by Region (2024-2029)
3.5 Global Electronic Precision Balance Market Price Analysis by Region (2018-2023)
3.6 Global Electronic Precision Balance Production and Value, Year-over-Year Growth
3.6.1 North America Electronic Precision Balance Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Electronic Precision Balance Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Electronic Precision Balance Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Electronic Precision Balance Production Value Estimates and Forecasts (2018-2029)
4 Electronic Precision Balance Consumption by Region
4.1 Global Electronic Precision Balance Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Electronic Precision Balance Consumption by Region (2018-2029)
4.2.1 Global Electronic Precision Balance Consumption by Region (2018-2023)
4.2.2 Global Electronic Precision Balance Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Electronic Precision Balance Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Electronic Precision Balance Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electronic Precision Balance Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Electronic Precision Balance Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electronic Precision Balance Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Electronic Precision Balance Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electronic Precision Balance Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Electronic Precision Balance Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electronic Precision Balance Production by Type (2018-2029)
5.1.1 Global Electronic Precision Balance Production by Type (2018-2023)
5.1.2 Global Electronic Precision Balance Production by Type (2024-2029)
5.1.3 Global Electronic Precision Balance Production Market Share by Type (2018-2029)
5.2 Global Electronic Precision Balance Production Value by Type (2018-2029)
5.2.1 Global Electronic Precision Balance Production Value by Type (2018-2023)
5.2.2 Global Electronic Precision Balance Production Value by Type (2024-2029)
5.2.3 Global Electronic Precision Balance Production Value Market Share by Type (2018-2029)
5.3 Global Electronic Precision Balance Price by Type (2018-2029)
6 Segment by Application
6.1 Global Electronic Precision Balance Production by Application (2018-2029)
6.1.1 Global Electronic Precision Balance Production by Application (2018-2023)
6.1.2 Global Electronic Precision Balance Production by Application (2024-2029)
6.1.3 Global Electronic Precision Balance Production Market Share by Application (2018-2029)
6.2 Global Electronic Precision Balance Production Value by Application (2018-2029)
6.2.1 Global Electronic Precision Balance Production Value by Application (2018-2023)
6.2.2 Global Electronic Precision Balance Production Value by Application (2024-2029)
6.2.3 Global Electronic Precision Balance Production Value Market Share by Application (2018-2029)
6.3 Global Electronic Precision Balance Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Mettler Toledo
7.1.1 Mettler Toledo Electronic Precision Balance Corporation Information
7.1.2 Mettler Toledo Electronic Precision Balance Product Portfolio
7.1.3 Mettler Toledo Electronic Precision Balance Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Mettler Toledo Main Business and Markets Served
7.1.5 Mettler Toledo Recent Developments/Updates
7.2 Sartorius
7.2.1 Sartorius Electronic Precision Balance Corporation Information
7.2.2 Sartorius Electronic Precision Balance Product Portfolio
7.2.3 Sartorius Electronic Precision Balance Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Sartorius Main Business and Markets Served
7.2.5 Sartorius Recent Developments/Updates
7.3 A&D
7.3.1 A&D Electronic Precision Balance Corporation Information
7.3.2 A&D Electronic Precision Balance Product Portfolio
7.3.3 A&D Electronic Precision Balance Production, Value, Price and Gross Margin (2018-2023)
7.3.4 A&D Main Business and Markets Served
7.3.5 A&D Recent Developments/Updates
7.4 Shimadzu
7.4.1 Shimadzu Electronic Precision Balance Corporation Information
7.4.2 Shimadzu Electronic Precision Balance Product Portfolio
7.4.3 Shimadzu Electronic Precision Balance Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Shimadzu Main Business and Markets Served
7.4.5 Shimadzu Recent Developments/Updates
7.5 Thermo Fisher
7.5.1 Thermo Fisher Electronic Precision Balance Corporation Information
7.5.2 Thermo Fisher Electronic Precision Balance Product Portfolio
7.5.3 Thermo Fisher Electronic Precision Balance Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Thermo Fisher Main Business and Markets Served
7.5.5 Thermo Fisher Recent Developments/Updates
7.6 Techcomp (Precisa)
7.6.1 Techcomp (Precisa) Electronic Precision Balance Corporation Information
7.6.2 Techcomp (Precisa) Electronic Precision Balance Product Portfolio
7.6.3 Techcomp (Precisa) Electronic Precision Balance Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Techcomp (Precisa) Main Business and Markets Served
7.6.5 Techcomp (Precisa) Recent Developments/Updates
7.7 Adam Equipment
7.7.1 Adam Equipment Electronic Precision Balance Corporation Information
7.7.2 Adam Equipment Electronic Precision Balance Product Portfolio
7.7.3 Adam Equipment Electronic Precision Balance Production, Value, Price and Gross Margin (2018-2023)
7.7.4 Adam Equipment Main Business and Markets Served
7.7.5 Adam Equipment Recent Developments/Updates
7.8 KERN & SOHN
7.8.1 KERN & SOHN Electronic Precision Balance Corporation Information
7.8.2 KERN & SOHN Electronic Precision Balance Product Portfolio
7.8.3 KERN & SOHN Electronic Precision Balance Production, Value, Price and Gross Margin (2018-2023)
7.8.4 KERN & SOHN Main Business and Markets Served
7.7.5 KERN & SOHN Recent Developments/Updates
7.9 BEL Engineering
7.9.1 BEL Engineering Electronic Precision Balance Corporation Information
7.9.2 BEL Engineering Electronic Precision Balance Product Portfolio
7.9.3 BEL Engineering Electronic Precision Balance Production, Value, Price and Gross Margin (2018-2023)
7.9.4 BEL Engineering Main Business and Markets Served
7.9.5 BEL Engineering Recent Developments/Updates
7.10 Radwag
7.10.1 Radwag Electronic Precision Balance Corporation Information
7.10.2 Radwag Electronic Precision Balance Product Portfolio
7.10.3 Radwag Electronic Precision Balance Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Radwag Main Business and Markets Served
7.10.5 Radwag Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electronic Precision Balance Industry Chain Analysis
8.2 Electronic Precision Balance Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electronic Precision Balance Production Mode & Process
8.4 Electronic Precision Balance Sales and Marketing
8.4.1 Electronic Precision Balance Sales Channels
8.4.2 Electronic Precision Balance Distributors
8.5 Electronic Precision Balance Customers
9 Electronic Precision Balance Market Dynamics
9.1 Electronic Precision Balance Industry Trends
9.2 Electronic Precision Balance Market Drivers
9.3 Electronic Precision Balance Market Challenges
9.4 Electronic Precision Balance Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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