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Global Lab Precision Balance Market Research Report 2025
Synopsis
Precision balances are made for reliable and high-precision weighing,enabling a more accurate weight reading.
Global Lab 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 Lab 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 Lab 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 Lab 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 Lab 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 Lab 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 Lab 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 Lab 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 Lab Precision Balance Market Overview
1.1 Product Definition
1.2 Lab Precision Balance Segment by Type
1.2.1 Global Lab 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 Lab Precision Balance Segment by Application
1.3.1 Global Lab 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 Lab Precision Balance Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Lab Precision Balance Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Lab Precision Balance Production Estimates and Forecasts (2018-2029)
1.4.4 Global Lab Precision Balance Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Lab Precision Balance Production Market Share by Manufacturers (2018-2023)
2.2 Global Lab Precision Balance Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Lab Precision Balance, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Lab Precision Balance Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Lab Precision Balance Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Lab Precision Balance, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Lab Precision Balance, Product Offered and Application
2.8 Global Key Manufacturers of Lab Precision Balance, Date of Enter into This Industry
2.9 Lab Precision Balance Market Competitive Situation and Trends
2.9.1 Lab Precision Balance Market Concentration Rate
2.9.2 Global 5 and 10 Largest Lab Precision Balance Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Lab Precision Balance Production by Region
3.1 Global Lab Precision Balance Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Lab Precision Balance Production Value by Region (2018-2029)
3.2.1 Global Lab Precision Balance Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Lab Precision Balance by Region (2024-2029)
3.3 Global Lab Precision Balance Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Lab Precision Balance Production by Region (2018-2029)
3.4.1 Global Lab Precision Balance Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Lab Precision Balance by Region (2024-2029)
3.5 Global Lab Precision Balance Market Price Analysis by Region (2018-2023)
3.6 Global Lab Precision Balance Production and Value, Year-over-Year Growth
3.6.1 North America Lab Precision Balance Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Lab Precision Balance Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Lab Precision Balance Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Lab Precision Balance Production Value Estimates and Forecasts (2018-2029)
4 Lab Precision Balance Consumption by Region
4.1 Global Lab Precision Balance Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Lab Precision Balance Consumption by Region (2018-2029)
4.2.1 Global Lab Precision Balance Consumption by Region (2018-2023)
4.2.2 Global Lab Precision Balance Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Lab Precision Balance Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Lab Precision Balance Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Lab Precision Balance Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Lab 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 Lab Precision Balance Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Lab 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 Lab Precision Balance Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Lab 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 Lab Precision Balance Production by Type (2018-2029)
5.1.1 Global Lab Precision Balance Production by Type (2018-2023)
5.1.2 Global Lab Precision Balance Production by Type (2024-2029)
5.1.3 Global Lab Precision Balance Production Market Share by Type (2018-2029)
5.2 Global Lab Precision Balance Production Value by Type (2018-2029)
5.2.1 Global Lab Precision Balance Production Value by Type (2018-2023)
5.2.2 Global Lab Precision Balance Production Value by Type (2024-2029)
5.2.3 Global Lab Precision Balance Production Value Market Share by Type (2018-2029)
5.3 Global Lab Precision Balance Price by Type (2018-2029)
6 Segment by Application
6.1 Global Lab Precision Balance Production by Application (2018-2029)
6.1.1 Global Lab Precision Balance Production by Application (2018-2023)
6.1.2 Global Lab Precision Balance Production by Application (2024-2029)
6.1.3 Global Lab Precision Balance Production Market Share by Application (2018-2029)
6.2 Global Lab Precision Balance Production Value by Application (2018-2029)
6.2.1 Global Lab Precision Balance Production Value by Application (2018-2023)
6.2.2 Global Lab Precision Balance Production Value by Application (2024-2029)
6.2.3 Global Lab Precision Balance Production Value Market Share by Application (2018-2029)
6.3 Global Lab Precision Balance Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Mettler Toledo
7.1.1 Mettler Toledo Lab Precision Balance Corporation Information
7.1.2 Mettler Toledo Lab Precision Balance Product Portfolio
7.1.3 Mettler Toledo Lab 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 Lab Precision Balance Corporation Information
7.2.2 Sartorius Lab Precision Balance Product Portfolio
7.2.3 Sartorius Lab 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 Lab Precision Balance Corporation Information
7.3.2 A&D Lab Precision Balance Product Portfolio
7.3.3 A&D Lab 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 Lab Precision Balance Corporation Information
7.4.2 Shimadzu Lab Precision Balance Product Portfolio
7.4.3 Shimadzu Lab 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 Lab Precision Balance Corporation Information
7.5.2 Thermo Fisher Lab Precision Balance Product Portfolio
7.5.3 Thermo Fisher Lab 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) Lab Precision Balance Corporation Information
7.6.2 Techcomp (Precisa) Lab Precision Balance Product Portfolio
7.6.3 Techcomp (Precisa) Lab 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 Lab Precision Balance Corporation Information
7.7.2 Adam Equipment Lab Precision Balance Product Portfolio
7.7.3 Adam Equipment Lab 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 Lab Precision Balance Corporation Information
7.8.2 KERN & SOHN Lab Precision Balance Product Portfolio
7.8.3 KERN & SOHN Lab 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 Lab Precision Balance Corporation Information
7.9.2 BEL Engineering Lab Precision Balance Product Portfolio
7.9.3 BEL Engineering Lab 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 Lab Precision Balance Corporation Information
7.10.2 Radwag Lab Precision Balance Product Portfolio
7.10.3 Radwag Lab 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 Lab Precision Balance Industry Chain Analysis
8.2 Lab Precision Balance Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Lab Precision Balance Production Mode & Process
8.4 Lab Precision Balance Sales and Marketing
8.4.1 Lab Precision Balance Sales Channels
8.4.2 Lab Precision Balance Distributors
8.5 Lab Precision Balance Customers
9 Lab Precision Balance Market Dynamics
9.1 Lab Precision Balance Industry Trends
9.2 Lab Precision Balance Market Drivers
9.3 Lab Precision Balance Market Challenges
9.4 Lab 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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