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Micro Balance Market, Global Outlook and Forecast 2023-2029

Micro Balance Market, Global Outlook and Forecast 2023-2029

  • Published on : 20 March 2023
  • Pages :71
  • Report Code:SMR-7606586

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Report overview

Microbalances are generally designed to measure, weigh and provide data on the tiniest of samples. Most models can effectively provide data for samples weighing between 6 and 0.0001 milligrams. These types of balances are generally used to weigh highly valuable substances in minute quantities. Labotec also stock an extensive range of ultramicro balances, which are designed to weigh and provide data on even smaller samples! These units typically come standard with draft shields so that dust and other foreign particles do not make their way into the dish and corrupt data and materials being worked on.
This report aims to provide a comprehensive presentation of the global market for Micro Balance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Micro Balance. This report contains market size and forecasts of Micro Balance in global, including the following market information:
  • Global Micro Balance Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Micro Balance Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Micro Balance companies in 2022 (%)
The global Micro Balance market was valued at US$ 399.8 million in 2022 and is projected to reach US$ 576.2 million by 2029, at a CAGR of 5.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
As for the micro balance industry, the industry structure is relatively concentrated. The top 3 manufacturers occupied 48% of market share. The top 3 manufacturers are Mettler-Toledo, Sartorius AG, and Citizen Scales. The Mettler-Toledo which has 15% market share is the leader in the micro balance industry.
Northern America is the largest consumption region for micro balance about 35%. Europe consumption about 28% is the second consumption region.
We surveyed the Micro 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 Micro Balance Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Micro Balance Market Segment Percentages, by Type, 2022 (%)
  • Ultra Micro Balances
  • Micro Balance
Global Micro Balance Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Micro Balance Market Segment Percentages, by Application, 2022 (%)
  • Laboratory
  • Hospitals
  • Companies
  • Others
Global Micro Balance Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Micro Balance Market Segment Percentages, By Region and Country, 2022 (%)
  • 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 Micro Balance revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Micro Balance revenues share in global market, 2022 (%)
  • Key companies Micro Balance sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Micro Balance sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Mettler-Toledo
  • Sartorius AG
  • Citizen Scales
  • RADW
  • Scientech
  • CI Precision
  • Contech Instruments
  • Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Micro Balance, market overview.
  • Chapter 2: Global Micro Balance market size in revenue and volume.
  • Chapter 3: Detailed analysis of Micro Balance manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Micro Balance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Micro Balance capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.