Lab Balance Consumption Market | Forecast 2018-2023
In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Lab Balance market for 2018-2023.
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.
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A lab balance is an essential instrument for any modern science laboratory as it helps in the precise weighing of materials. It can be broadly classified into two types: top loading balance and analytical balance, and the proportion of Top Loading Balance in 2016 is about 74%, top loading balance also referred to as top loader balance is among the most common types of weight measuring scales used in the laboratory.
Lab Balance is widely used University, Research Center and others. The most proportion of Lab Balance is used Research Center, and the consumption proportion is about 47% in 2016.
Europe region is the largest supplier of Lab Balance, with a revenue market share nearly 42% in 2016. North America is the second largest supplier of Lab Balance, enjoying revenue market share nearly 27.5% in 2016.
Over the next five years, Planet Market Reports projects that Lab Balance will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
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This report presents a comprehensive overview, market shares, and growth opportunities of Lab Balance market by product type, application, key manufacturers and key regions.
To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Top Loading Balance
Analytical Balance
Segmentation by application:
University
Research Center
Other
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
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Mettler Toledo
Sartorius
A&D
Shimadzu
Thermo Fisher
Techcomp Precisa
Adam Equipment
Bonso Electronics
BEL Engineering
Radwag
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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