Scale & Balance Market is Estimated To Grow at a CAGR of 5.5% Over The Forecast Period 2017-25

New york, USA, 2018-Dec-07 — /EPR Network/ —  According to Goldstein Research, the advancement of technology has widened the application of scale and balances with the support of software solutions tailored specifically for precision and accuracy, such as in construction industry, food and beverage industry, chemical industry and healthcare industry.

Scale & Balance Market also includes product development, marketing and investment strategies adopted by major market players in order to expand their business across the globe. For instance, Avery Weigh-Tronix is one of the major global players that manufactures and provide scale and balance related services all over the world that covers almost every industry requirement related to weigh scales and systems. However, use of scale and balances is highly dependent upon the consumer spending, freight volume and manufacturing output from different industries which hinders the growth of the market. United States Scale & Balance Market size is set to reach around USD 600 million by 2025, growing at a CAGR of 3.3% over the forecast period.

Browse Full Report: https://www.goldsteinresearch.com/report/global-scale-balance-market-report

Market Segmentation

On the basis of our in-depth analysis, global scale & balance market can be segmented as follows:

By Products

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

By Services

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

By Distribution Channel

  • Online
  • Offline

By End-User

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

Based on Geography

  • North America (U.S. & Canada) Scale & Balance Market {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Scale & Balance Market {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden &RoE) Scale & Balance Market {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Scale & Balance Market {Market Share (%), Market Size (USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Scale & Balance Market {Market Share (%), Market Size (USD Billion)}

Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/global-scale-balance-market-report

“Global Scale & Balance Market Analysis” 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 product type, by services, by distribution and by end users.

Further, The in-depth analysis, of Scale & Balance Market is done under the supervision of market expert. The 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, 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 Scale & Balance Market industry report gives us pinpoint analysis of the which includes market oriented data that will help industry consultants, technology providers, existing players searching.

Scale & Balance Market is driving on the basis of advancement in mentioned below industries;

Micro Total Analysis Systems Market

Micro Total Analysis Systems Market was USD 4 billion in 2016 and is expected to grow at a CAGR of 9.5% during the forecast period and reach at USD 8.26 billion by 2024. North America leads the global micro total analysis systems market followed by Europe owing to capacity of integration, parallelization and promising results as compared to the conventional technology.

POCT Market

The point of care testing (POCT) device in healthcare sector focuses on value rather than test volume and reimbursement issues that minimize tests to the optimal point where outcomes won’t suffer while cost efficiencies are gained. One of the driving factor for the growth of POCT Market is its increasing penetration in developed countries e.g. In most of the European countries like Spain and the UK, the reimbursement system is the reason for augmented demand for POCT devices.

 

 

Matched content

Editor’s pick

Express Press Release Distribution