Scale & Balance Manufacturing in the US - Industry Market Research Report

Scale & Balance Manufacturing

The Scale and Balance Manufacturing industry comprises companies that manufacture scales and balances for use in industrial, commercial, scientific and consumer markets. Over the five years to 2019, industry revenue has fluctuated moderately but grown overall due to improved construction and manufacturing performance. However, the appreciation of the US dollar has reduced the industry's cost-competitiveness and thus stifled revenue. Over the five years to 2024, industry revenue is forecast to increase at an improved pace. Rising manufacturing activity and freight volumes are expected to continue to drive demand for industry products. Moreover, demand from key markets such as laboratories and weight stations is anticipated to climb. The trade-weighted index is forecast to stagnate, alleviating some import penetration and supporting export growth.

This industry manufactures scales and balances for use in households, businesses and municipal organizations. Scales and balances are used to measure the weight of objects or people.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.