Global Analytical Balances Market Growth 2023-2029

Global Analytical Balances Market Growth 2023-2029

An analytical balance, often referred to as a lab balance are designed for measuring mass with a high degree of accuracy with readabilities ranging from 0.01mg (semi-micro) to 0.0001g.
LPI (LP Information)' newest research report, the “Analytical Balances Industry Forecast” looks at past sales and reviews total world Analytical Balances sales in 2022, providing a comprehensive analysis by region and market sector of projected Analytical Balances sales for 2023 through 2029. With Analytical Balances sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Analytical Balances industry.
This Insight Report provides a comprehensive analysis of the global Analytical Balances landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Analytical Balances portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Analytical Balances market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Analytical Balances and breaks down the forecast by precision, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Analytical Balances.
The global Analytical Balances market size is projected to grow from US$ 456.8 million in 2022 to US$ 624.4 million in 2029; it is expected to grow at a CAGR of 624.4 from 2023 to 2029.
The main manufacturers of Global Analytical Balances include Mettler Toledo and Sartorius, etc. These top two manufacturers hold a market share about 70%. China and Europe are the major producing regions in the world. with 38% and 27% market share, respectively. Followed by North America. In terms of application, the product is most widely used in universities & academic institutes, followed by research centers.
This report presents a comprehensive overview, market shares, and growth opportunities of Analytical Balances market by product precision, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by precision
0.1mg Analytical Balances
0.01mg Analytical Balances
Segmentation by application
Universities & Academic Institutes
Research Centers
Pharmaceutical Companies
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Mettler Toledo
Sartorius
A&D
Shimadzu
Adam Equipment
Precisa (Techcomp)
Radwag
PCE Instruments
KERN & SOHN
Aczet
SHINKO DENSHI
Scientech Inc.
BEL Engineering
Scientific Industries, Inc.
Longteng Electronics
Sunny Hengping Instrument
Shanghai Yueping
XINGYUN Electronic Equipment
Key Questions Addressed in this Report
What is the 10-year outlook for the global Analytical Balances market?
What factors are driving Analytical Balances market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Analytical Balances market opportunities vary by end market size?
How does Analytical Balances break out precision, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.