The Asia Pacific Laboratory Balances and Scales Market would witness market growth of 5.3% CAGR during the forecast period (2022-2028).
The technological developments in electronics has remarkably decreased the complexity of handling balances and has significantly cut back on weighing times. The balances have become much handy and accessible that they can be easily installed directly into the process of production.
The Laboratory balances like compact balances and precision balances available in the small laboratories or classroom are compact in size and can be efficiently piled into the storerooms. Additionally, having the capability of being utilized in small spaces, the battery-operated digital balances can also be used in fieldwork where electricity is not available.
The digital balances offer easy readability. The LCD screen on the digital balance shows the correct weight. Apart from this, digital balances basically have the ability to provide higher precision and accuracy than any other scale. Moreover, digital balances allow the users to see and record the data like weight history and body fats level. It also calculates and syncs the data to a computer and mobile phone.
The pharmaceutical industry of India is also the part of the largest industries in the region. India exports a huge amount of medicines all over the world. The government of India has launched supporting initiatives to provide surety of toughness towards external shocks, offer higher security for drugs, and grow the ability for domestic production of critical drugs. The expanding pharmaceutical industry is anticipated to surge the growth of the laboratory balances and scales market in the Asia Pacific region.
The China market dominated the Asia Pacific Laboratory Balances and Scales Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $105.8 million by 2028. The Japan market is estimated to grow a CAGR of 4.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 5.9% during (2022 - 2028).
Based on Product Type, the market is segmented into Analytical Balances, Precision Balances, Moisture Balances, Compact Scale, Micro Balance, and Others. Based on End User, the market is segmented into Pharmaceutical, Cosmeceutical, & Biotechnology Products Testing Laboratories, Chemical & Material Testing laboratories, Food & Beverage Testing Laboratories, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Laboratory Balances and Scales Market is Projected to reach USD 1.3 Billion by 2028, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mettler-Toledo International, Inc., A&D HOLON Holdings Company, Limited, Sartorius AG, Shimadzu Corporation, Adam Equipment Inc. (Indutrade AB), Essae-Teraoka Pvt. Ltd., Scientech, Inc., Radwag Balances and Scales, Kern & Sohn GmbH, and PCE Holding GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Analytical Balances
- Precision Balances
- Moisture Balances
- Compact Scale
- Micro Balance
- Others
By End User
- Pharmaceutical, Cosmeceutical, & Biotechnology Products Testing Laboratories
- Chemical & Material Testing laboratories
- Food & Beverage Testing Laboratories
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Mettler-Toledo International, Inc.
- A&D HOLON Holdings Company, Limited
- Sartorius AG
- Shimadzu Corporation
- Adam Equipment Inc. (Indutrade AB)
- Essae-Teraoka Pvt. Ltd.
- Scientech, Inc.
- Radwag Balances and Scales
- Kern & Sohn GmbH
- PCE Holding GmbH
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Laboratory Balances and Scales Market, by Product Type
1.4.2 Asia Pacific Laboratory Balances and Scales Market, by End User
1.4.3 Asia Pacific Laboratory Balances and Scales Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Laboratory Balances and Scales Market by Product Type
3.1 Asia Pacific Analytical Balances Market by Country
3.2 Asia Pacific Precision Balances Market by Country
3.3 Asia Pacific Moisture Balances Market by Country
3.4 Asia Pacific Compact Scale Market by Country
3.5 Asia Pacific Micro Balance Market by Country
3.6 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Laboratory Balances and Scales Market by End User
4.1 Asia Pacific Pharmaceutical, Cosmeceutical, & Biotechnology Products Testing Laboratories Market by Country
4.2 Asia Pacific Chemical & Material Testing laboratories Market by Country
4.3 Asia Pacific Food & Beverage Testing Laboratories Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Laboratory Balances and Scales Market by Country
5.1 China Laboratory Balances and Scales Market
5.1.1 China Laboratory Balances and Scales Market by Product Type
5.1.2 China Laboratory Balances and Scales Market by End User
5.2 Japan Laboratory Balances and Scales Market
5.2.1 Japan Laboratory Balances and Scales Market by Product Type
5.2.2 Japan Laboratory Balances and Scales Market by End User
5.3 India Laboratory Balances and Scales Market
5.3.1 India Laboratory Balances and Scales Market by Product Type
5.3.2 India Laboratory Balances and Scales Market by End User
5.4 South Korea Laboratory Balances and Scales Market
5.4.1 South Korea Laboratory Balances and Scales Market by Product Type
5.4.2 South Korea Laboratory Balances and Scales Market by End User
5.5 Singapore Laboratory Balances and Scales Market
5.5.1 Singapore Laboratory Balances and Scales Market by Product Type
5.5.2 Singapore Laboratory Balances and Scales Market by End User
5.6 Malaysia Laboratory Balances and Scales Market
5.6.1 Malaysia Laboratory Balances and Scales Market by Product Type
5.6.2 Malaysia Laboratory Balances and Scales Market by End User
5.7 Rest of Asia Pacific Laboratory Balances and Scales Market
5.7.1 Rest of Asia Pacific Laboratory Balances and Scales Market by Product Type
5.7.2 Rest of Asia Pacific Laboratory Balances and Scales Market by End User
Chapter 6. Company Profiles
6.1 Mettler-Toledo International, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 Recent strategies and developments:
6.1.5.1 Product Launches and Product Expansions:
6.1.5.2 Acquisition and Mergers:
6.2 A&D HOLON Holdings Company, Limited
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.3 Sartorius AG
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.4 Shimadzu Corporation
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.5 Adam Equipment Inc. (Indutrade AB)
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Development Expenses
6.6 Essae-Teraoka Pvt. Ltd.
6.6.1 Company Overview
6.7 Scientech, Inc.
6.7.1 Company Overview
6.8 Radwag Balances and Scales
6.8.1 Company Overview
6.9 Kern & Sohn GmbH
6.9.1 Company Overview
6.10. PCE Holding GmbH
6.10.1 Company Overview
TABLE 1 Asia Pacific Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Analytical Balances Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Analytical Balances Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Precision Balances Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Precision Balances Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Moisture Balances Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Moisture Balances Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Compact Scale Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Compact Scale Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Micro Balance Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Micro Balance Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Pharmaceutical, Cosmeceutical, & Biotechnology Products Testing Laboratories Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Pharmaceutical, Cosmeceutical, & Biotechnology Products Testing Laboratories Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Chemical & Material Testing laboratories Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Chemical & Material Testing laboratories Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Food & Beverage Testing Laboratories Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Food & Beverage Testing Laboratories Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Laboratory Balances and Scales Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Laboratory Balances and Scales Market by Country, 2022 - 2028, USD Million
TABLE 29 China Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 30 China Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 31 China Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 32 China Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 33 China Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 34 China Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 35 Japan Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 36 Japan Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 37 Japan Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 38 Japan Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 39 Japan Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 40 Japan Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 41 India Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 42 India Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 43 India Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 44 India Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 45 India Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 46 India Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 47 South Korea Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 48 South Korea Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 49 South Korea Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 50 South Korea Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 51 South Korea Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 52 South Korea Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 53 Singapore Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 54 Singapore Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 55 Singapore Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 56 Singapore Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 57 Singapore Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 58 Singapore Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 59 Malaysia Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 60 Malaysia Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 61 Malaysia Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 62 Malaysia Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 63 Malaysia Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 64 Malaysia Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 65 Rest of Asia Pacific Laboratory Balances and Scales Market, 2018 - 2021, USD Million
TABLE 66 Rest of Asia Pacific Laboratory Balances and Scales Market, 2022 - 2028, USD Million
TABLE 67 Rest of Asia Pacific Laboratory Balances and Scales Market by Product Type, 2018 - 2021, USD Million
TABLE 68 Rest of Asia Pacific Laboratory Balances and Scales Market by Product Type, 2022 - 2028, USD Million
TABLE 69 Rest of Asia Pacific Laboratory Balances and Scales Market by End User, 2018 - 2021, USD Million
TABLE 70 Rest of Asia Pacific Laboratory Balances and Scales Market by End User, 2022 - 2028, USD Million
TABLE 72 KEY INFORMATION – A&D HOLON Holdings Company, Limited
TABLE 73 KEY INFORMATION – Sartorius AG
TABLE 74 Key Information – Shimadzu Corporation
TABLE 75 Key Information – Adam Equipment Inc.
TABLE 76 Key Information – Essae-Teraoka Pvt. Ltd.
TABLE 77 Key Information – Scientech, Inc.
TABLE 78 Key Information – Radwag Balances and Scales
TABLE 79 key Information – Kern & Sohn GmbH
TABLE 80 Key Information – PCE Holding GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Mettler-Toledo International, Inc.