The global industrial electronic balance market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for industrial production and trade, which in turn is driving the demand for industrial balances.
LCD Display segment accounted for the largest share in 2018 and is expected to continue its dominance throughout the forecast period due to its high accuracy and low cost of maintenance as compared with other types of displays such as LED display. Industrial production application accounted for the largest share in 2018 and is expected to continue its dominance throughout the forecast period due to its high accuracy requirements, which are not required by trade application. North America was estimated as leading region in 2018 owing to presence of major players such as Mettler Toledo Inc, Sartorius AG, Ohaus Corporation, etc, followed by Europe and Asia Pacific respectively.
Some Of The Growth Factors Of This Market:
- Increasing demand for industrial electronic balances in the food and beverage industry is one of the major factors driving the growth of this market.
- The increasing demand for industrial electronic balances in various industries such as pharmaceuticals, chemicals, and oil & gas is also driving the growth of this market.
- Increasing investments by governments in developing countries such as China, India, Brazil, and Mexico are also driving the growth of this market.
- The increasing use of industrial electronic balances in various industries such as automotive manufacturing and aerospace & defense is also fueling the growth.
Industry Growth Insights published a new data on “Industrial Electronic Balance Market”. The research report is titled “Industrial Electronic Balance Market research by Types (LCD Display, LED Display), By Applications (Industrial Production, Trade, Other), By Players/Companies A&D Weighing, OHAUS, Sartorius, Mettler-Toledo, Adam Equipment, Avery Weigh-Tronix, B-TEK Scales, Tanita, Pasco Scale, Siltec Scales, Precisa, Shimadzu, Shanghai Yousheng Weighing Apparatus, W&J Instrument, Panomex Inc.”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Electronic Balance Market Research Report
By Type
LCD Display, LED Display
By Application
Industrial Production, Trade, Other
By Companies
A&D Weighing, OHAUS, Sartorius, Mettler-Toledo, Adam Equipment, Avery Weigh-Tronix, B-TEK Scales, Tanita, Pasco Scale, Siltec Scales, Precisa, Shimadzu, Shanghai Yousheng Weighing Apparatus, W&J Instrument, Panomex Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Electronic Balance Market Report Segments:
The global Industrial Electronic Balance market is segmented on the basis of:
Types
LCD Display, LED Display
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Production, Trade, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- A&D Weighing
- OHAUS
- Sartorius
- Mettler-Toledo
- Adam Equipment
- Avery Weigh-Tronix
- B-TEK Scales
- Tanita
- Pasco Scale
- Siltec Scales
- Precisa
- Shimadzu
- Shanghai Yousheng Weighing Apparatus
- W&J Instrument
- Panomex Inc.
Highlights of The Industrial Electronic Balance Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LCD Display
- LED Display
- By Application:
- Industrial Production
- Trade
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Electronic Balance Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An industrial electronic balance is a precision instrument used in weighing and measuring. It typically has a digital readout that can display weight, distance, or time.
Some of the key players operating in the industrial electronic balance market are A&D Weighing, OHAUS, Sartorius, Mettler-Toledo, Adam Equipment, Avery Weigh-Tronix, B-TEK Scales, Tanita, Pasco Scale, Siltec Scales, Precisa, Shimadzu, Shanghai Yousheng Weighing Apparatus, W&J Instrument, Panomex Inc..
The industrial electronic balance market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Electronic Balance Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Electronic Balance Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Electronic Balance Market - Supply Chain
4.5. Global Industrial Electronic Balance Market Forecast
4.5.1. Industrial Electronic Balance Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Electronic Balance Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Electronic Balance Market Absolute $ Opportunity
5. Global Industrial Electronic Balance Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Electronic Balance Market Size and Volume Forecast by Type
5.3.1. LCD Display
5.3.2. LED Display
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Electronic Balance Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Electronic Balance Market Size and Volume Forecast by Application
6.3.1. Industrial Production
6.3.2. Trade
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Electronic Balance Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Electronic Balance Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Electronic Balance Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Electronic Balance Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Electronic Balance Demand Share Forecast, 2019-2026
9. North America Industrial Electronic Balance Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Electronic Balance Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Electronic Balance Market Size and Volume Forecast by Application
9.4.1. Industrial Production
9.4.2. Trade
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Electronic Balance Market Size and Volume Forecast by Type
9.7.1. LCD Display
9.7.2. LED Display
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Electronic Balance Demand Share Forecast, 2019-2026
10. Latin America Industrial Electronic Balance Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Electronic Balance Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Electronic Balance Market Size and Volume Forecast by Application
10.4.1. Industrial Production
10.4.2. Trade
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Electronic Balance Market Size and Volume Forecast by Type
10.7.1. LCD Display
10.7.2. LED Display
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Electronic Balance Demand Share Forecast, 2019-2026
11. Europe Industrial Electronic Balance Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Electronic Balance Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Electronic Balance Market Size and Volume Forecast by Application
11.4.1. Industrial Production
11.4.2. Trade
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Electronic Balance Market Size and Volume Forecast by Type
11.7.1. LCD Display
11.7.2. LED Display
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Electronic Balance Demand Share, 2019-2026
12. Asia Pacific Industrial Electronic Balance Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Electronic Balance Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Electronic Balance Market Size and Volume Forecast by Application
12.4.1. Industrial Production
12.4.2. Trade
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Electronic Balance Market Size and Volume Forecast by Type
12.7.1. LCD Display
12.7.2. LED Display
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Electronic Balance Demand Share, 2019-2026
13. Middle East & Africa Industrial Electronic Balance Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Electronic Balance Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Electronic Balance Market Size and Volume Forecast by Application
13.4.1. Industrial Production
13.4.2. Trade
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Electronic Balance Market Size and Volume Forecast by Type
13.7.1. LCD Display
13.7.2. LED Display
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Electronic Balance Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Industrial Electronic Balance Market: Market Share Analysis
14.2. Industrial Electronic Balance Distributors and Customers
14.3. Industrial Electronic Balance Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. A&D Weighing
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OHAUS
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sartorius
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mettler-Toledo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Adam Equipment
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Avery Weigh-Tronix
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. B-TEK Scales
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tanita
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Pasco Scale
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Siltec Scales
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Precisa
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shimadzu
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Shanghai Yousheng Weighing Apparatus
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. W&J Instrument
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Panomex Inc.
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
