Global Laboratory Balances and Scales Market to Reach US$1.3 Billion by 2017, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Laboratory Balances and Scales market. The global market for Laboratory Balances and Scales is projected to reach US$1.3 billion by the year 2017. The market is expected to gain from the expanding research and development base in developing countries including China and India. Besides, development of products incorporating semi micro weighing precision, modern ergonomic design, and superior performance are expected to boost replacement sales, especially in developed markets.

Laboratory Balances and Scales: A Global Strategic Business Report

Follow us on LinkedIn – Scales and balances have evolved over the years in terms of both technology and application. Today the equipment has become more accurate, reliable and capable of meeting the highest demands ranging from simple weighing tasks to complex weighing processes. Scale manufacturers worldwide have tremendous opportunities to put forward their expertise and keep up the standards of weights and measurements. The market continues to witness rapid replacement of traditional mechanical balances with electronic and digital balances that are capable of storing, manipulating and transmitting data and measuring up to the minute detail. Manufacturers of weighing machines are focusing more on the accuracy of the machine, apart from the automation and controlled weighing operations. The latest generation of ultra-micro balances feature measurement performance of over 60 million digit resolution, and are designed to weigh the smallest sample quantities and offer faster and stable readouts, exceptional reliability and weighing efficiency.

As stated by the new market research report on Laboratory Balances and Scales, the US continues to remain the largest regional market. Asia-Pacific is projected to be the fastest growing market. Growth in the region is mainly driven by expanding economies and gradual advancement in research in areas such as biotechnology, electronics, and pharmaceuticals. In emerging nations, where less sophisticated products are witnessing high demand, price has a significant role to play. In terms of end-use markets, pharmaceutical research laboratories account for the largest share of laboratory balances & scales market. Food Research Laboratories represent the fastest growing application market driven by increasing regulatory requirements pertaining to safety and quality.

The laboratory scales and balances market is fragmented with a number of regional and specialized competitors. Select major players profiled in the report include A&D Company Ltd., Avery Weigh-Tronix Inc., Bonso Electronics Limited, CAS Corporation, Mettler Toledo, Ohaus Corporation, Sartorius AG, Thermo Fisher Scientific, Inc., among others.

The research report titled "Laboratory Balances and Scales: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections (US$ Million) by the following geographic markets - US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Key end-use segments analyzed include Food Research Laboratories, Chemical Research Laboratories, Manufacturing Research Laboratories, Pharmaceutical Research Laboratories and Other Research Laboratories.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Laboratory_Balances_and_Scales_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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