Global Scale & Balance Market Anticipated to Reach USD 1.0 Billion by 2025


Posted July 5, 2018 by Steveblade

According to Goldstein Research, global scale & balance market is expected to reach USD 1.0 billion by 2025

 
According to Goldstein Research, global scale & balance market is expected to reach USD 1.0 billion by 2025, growing at a CAGR of 3.1% over the forecast period 2017-2025. The factors such as technological innovation in scale and balance, growth in end use industries, frequent quality checks and certifications such as ISO 9001 tends to impact the growth of global scale and balance market. Global scale & balance market segmentation has been done on the basis of products, services, distribution channel, end user and geography.

Based on product type, truck scale accounted for largest market share of 26.4% in 2017, on the back of its application across various industries such as logistics, construction and mining, which accounts for generating huge revenues.
Global scale & balance market is largely dominated by Asia Pacific with a market share of 31.7% in 2017 owing to huge development activities at a large scale that demand for certified scale and balance equipment and services. North America scale and balances market is growing at a rate of 3.3% annually as the major play

ers manufacturing scale and balances are established within this region.
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Market Segmentation
On the basis of our in-depth analysis, Global Scale & Balance Market can be segmented as follows:


By Products

o Bench and Floor Scales
o Laboratory Balance and Scales
o Truck Scales
o Hanging Scales
o Counting Scales
o Others (Medical and Baby Weighing Scales, etc.)

By Services

o Engineering Support Service
o Installation Services
o Upgrade, Maintenance and Repair Services
o Software Solutions

By Distribution Channel

o Online
o Offline

By End-User

o Construction Industry
o Food and Beverage Industry
o Transport and Logistics
o Manufacturing Industry
o Chemical Industry
o Mining Industry
o Healthcare Industry
o Other (Recycling Industry, etc.)

By Region

o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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Global Scale & Balance Market Outlook 2025 contains detailed overview of the global scale & balance market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by products, services, distribution channel and end user.

Further, for the in-depth analysis, Global Scale & Balance Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Micro-Star International, Avery Weigh-Tronix, Minebea Intec, A&D Weighing, Fairbanks Scales, Ohaus, Sartorious, Rice Lake Weigheing Systems, CAS Corporation, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global scale & balance market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on healthcare market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:
Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
[email protected]
www.goldsteinresearch.com

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Categories Health
Tags scale balance market , scale balance market size , scale balance market trends
Last Updated July 5, 2018