Lab balance is a class of balance designed to measure small mass in the sub-milligram range.
A top loading balance (also referred to as top loader balance) is among the most common types of weight measuring scales used in the laboratory. Top loading balances are available in a variety of sizes and weight capacities, from 20 g to 64.1 kg.
The measuring pan of an analytical balance (0.1 mg or better) is inside a transparent enclosure with doors so that dust does not collect and so any air currents in the room do not affect the balance's operation.
This report aims to provide a comprehensive presentation of the global market for Lab Balance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lab Balance. This report contains market size and forecasts of Lab Balance in global, including the following market information:
- Global Lab Balance Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Lab Balance Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Lab Balance companies in 2022 (%)
The global Lab Balance market was valued at US$ 780.9 million in 2022 and is projected to reach US$ 1032.2 million by 2029, at a CAGR of 4.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The industry's leading producer is Mettler Toledo? which accounted for 44% of revenue.United States is the largest market, with a share about 32%, followed by Europe and China with the share about 30% and 10%.In terms of product, analytical balance is the largest segment, with a share about 60%. And in terms of application, the largest application is research center, followed by university.
We surveyed the Lab Balance manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lab Balance Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Lab Balance Market Segment Percentages, by Type, 2022 (%)
- Top Loading Balance
- Analytical Balance
Global Lab Balance Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Lab Balance Market Segment Percentages, by Application, 2022 (%)
- University
- Research Center
- Others
Global Lab Balance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Lab Balance Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Lab Balance revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Lab Balance revenues share in global market, 2022 (%)
- Key companies Lab Balance sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Lab Balance sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Mettler Toledo
- Sartorius
- A&D
- Shimadzu
- Thermo Fisher
- Techcomp (Precisa)
- Bonso Electronics
- Adam Equipment
- Radwag
- BEL Engineering
- KERN & SOHN
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Lab Balance, market overview.
- Chapter 2: Global Lab Balance market size in revenue and volume.
- Chapter 3: Detailed analysis of Lab Balance manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Lab Balance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Lab Balance capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
