Lab Balance Market, Global Outlook and Forecast 2023-2028

Report ID: 1660977 | Published Date: Jan 2025 | No. of Page: 76 | Base Year: 2024 | Rating: 5 | Webstory: Check our Web story

Lab balance is a class of balance designed to measure small mass in the sub-milligram range.

A top loading balance (also referred to as top loader balance) is among the most common types of weight measuring scales used in the laboratory. Top loading balances are available in a variety of sizes and weight capacities, from 20 g to 64.1 kg.

The measuring pan of an analytical balance (0.1 mg or better) is inside a transparent enclosure with doors so that dust does not collect and so any air currents in the room do not affect the balance's operation.
This report contains market size and forecasts of Lab Balance in global, including the following market information:
Global Lab Balance Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Lab Balance Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Lab Balance companies in 2021 (%)
The global Lab Balance market was valued at 780.9 million in 2021 and is projected to reach US$ 1032.2 million by 2028, at a CAGR of 4.1% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Top Loading Balance Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Lab Balance include Mettler Toledo, Sartorius, A&D, Shimadzu, Thermo Fisher, Techcomp (Precisa), Bonso Electronics, Adam Equipment and Radwag, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Lab Balance manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Lab Balance Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Lab Balance Market Segment Percentages, by Type, 2021 (%)
Top Loading Balance
Analytical Balance
Global Lab Balance Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Lab Balance Market Segment Percentages, by Application, 2021 (%)
University
Research Center
Others
Global Lab Balance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Lab Balance Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Lab Balance revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Lab Balance revenues share in global market, 2021 (%)
Key companies Lab Balance sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Lab Balance sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mettler Toledo
Sartorius
A&D
Shimadzu
Thermo Fisher
Techcomp (Precisa)
Bonso Electronics
Adam Equipment
Radwag
BEL Engineering
KERN & SOHN

Frequently Asked Questions
Lab Balance Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Lab Balance Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Lab Balance Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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