Global Laboratory Balances and Scales Market to Reach $1.8 Billion by 2030
The global market for Laboratory Balances and Scales estimated at US$1.4 Billion in the year 2022, is projected to reach a revised size of US$1.8 Billion by 2030, growing at a CAGR of 3.3% over the analysis period 2022-2030. Pharma & Biotech, one of the segments analyzed in the report, is projected to record a 3.7% CAGR and reach US$668.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Academia segment is readjusted to a revised 2.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $383.2 Million, While China is Forecast to Grow at 5.7% CAGR
The Laboratory Balances and Scales market in the U.S. is estimated at US$383.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$367.5 Million by the year 2030 trailing a CAGR of 5.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$238.3 Million by the year 2030.Select Competitors (Total 23 Featured) -
- A&D Company Ltd
- Adam Equipment Co. Ltd
- Avery Weigh-Tronix LLC
- Bonso Electronics International Inc.
- CAS - USA Corp
- Contech Instruments Ltd
- Kern & Sohn GmbH
- Mettler Toledo International Inc.
- OHAUS Corporation
- Panomex Inc.
- RADWAG Balances and Scales
- Sartorius AG
- Scientech Inc.
- Setra Systems Inc.
- Shimadzu UK Limited
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- A&D Company Ltd
- Adam Equipment Co. Ltd
- Avery Weigh-Tronix LLC
- Bonso Electronics International Inc.
- CAS - USA Corp
- Contech Instruments Ltd
- Kern & Sohn GmbH
- Mettler Toledo International Inc.
- OHAUS Corporation
- Panomex Inc.
- RADWAG Balances and Scales
- Sartorius AG
- Scientech Inc.
- Setra Systems Inc.
- Shimadzu UK Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 264 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1.4 Billion |
Forecasted Market Value ( USD | $ 1.8 Billion |
Compound Annual Growth Rate | 3.2% |
Regions Covered | Global |