PUBLISHER: The Business Research Company | PRODUCT CODE: 1760036
PUBLISHER: The Business Research Company | PRODUCT CODE: 1760036
Analytical balances and scales are precision instruments specifically designed to measure mass with high accuracy, often reaching a precision of up to 0.1 mg. They are essential in tasks that require exact measurements, such as chemical formulation and quality control. These devices feature enclosed chambers that shield the weighing process from external interference, ensuring the consistency and reliability of results in scientific and laboratory settings.
The primary types of analytical balances and scales include mechanical and digital models. Mechanical analytical balances utilize springs and levers to determine weight, providing accurate manual readings at a lower cost, making them ideal for educational or basic laboratory use. These instruments come in various product categories, including top-loading balances, analytical balances, precision balances, micro-balances, and moisture analyzers. They are distributed through multiple channels such as direct sales, online platforms, distributors and resellers, specialized laboratory equipment vendors, as well as trade shows and exhibitions. Their applications span laboratory research, pharmaceutical production, food and beverage testing, manufacturing quality control, and educational and training institutions.
The analytical balances and scales market research report is one of a series of new reports from The Business Research Company that provides analytical balances and scales market statistics, including the analytical balances and scales industry global market size, regional shares, competitors with the analytical balances and scales market share, detailed analytical balances and scales market segments, market trends, opportunities, and any further data you may need to thrive in the analytical balances and scales industry. This analytical balances and scales market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The analytical balances and scales market size has grown strongly in recent years. It will grow from $0.76 billion in 2024 to $0.81 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth during the historic period can be attributed to increased investment in pharmaceutical research and development, strict regulatory standards for measurement precision, the expansion of academic and research institutions, growing quality control demands in the food and chemical sectors, and enhanced investment in healthcare infrastructure.
The analytical balances and scales market size is expected to see strong growth in the next few years. It will grow to $1.02 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The projected growth in the forecast period is expected to be driven by the adoption of IoT and Industry 4.0 technologies, rising demand for portable and wireless weighing solutions, increased use of automation and robotics in laboratory environments, technological progress in sensors and AI-powered analytics, and a stronger focus on sustainability and energy-efficient devices. Key trends anticipated in the forecast period include the integration of smart technologies and IoT, improvements in touchscreen functionality and intuitive software, advancements in electromagnetic force restoration (EMFR) systems, the use of automatic calibration and built-in diagnostics, and the trend toward smaller, more portable analytical instruments.
The increasing investment in research and development is expected to drive the growth of the analytical balances and scales market. Research and development investment refers to the allocation of resources toward innovation, experimentation, and the improvement of products, services, or processes. As companies strive for technological advancements to remain competitive and meet changing market demands, R&D spending continues to rise. Analytical balances and scales play a vital role in R&D by providing precise and reliable measurements essential for testing and developing new products. This level of precision enhances data accuracy, reduces errors, and accelerates innovation in both scientific and industrial research. For example, in December 2023, according to Eurostat, the statistical office of the European Union based in Luxembourg, R&D expenditure in the EU reached $384.42 billion (€352 billion) in 2022, up 6.34% from $361.48 billion (€331 billion) the previous year. Hence, increasing R&D investment is contributing to the growth of the analytical balances and scales market.
Leading companies in the analytical balances and scales market are focusing on innovations such as excellence balances to achieve ultra-high measurement precision and improve laboratory productivity in research and quality control settings. Excellence balances are advanced analytical instruments equipped with features such as smart interfaces, data integration, and built-in quality assurance, making them suitable for applications that require high accuracy, regulatory compliance, and operational efficiency. For instance, in July 2024, METTLER TOLEDO, a U.S.-based precision instrument manufacturer, introduced the XPR Essential Analytical Balances and Microbalances. These instruments are designed for high-performance labs and offer superior weighing accuracy, durable construction, and user-friendly operation. The XPR Essential series combines essential functionalities with core features, providing laboratories with reliable tools for daily analytical needs while upholding the brand's high standards.
In August 2024, Spectris plc, a UK-based instrumentation company, acquired Micromeritics Instrument Corporation for $630 million. This acquisition aims to expand Spectris's capabilities in materials analysis by incorporating Micromeritics' expertise in particle characterization, surface area measurement, and porosity analysis. The move enhances Spectris's service offerings to the pharmaceutical, advanced materials, and industrial sectors. Micromeritics Instrument Corporation is a U.S.-based manufacturer of analytical balances.
Major players in the analytical balances and scales market are Sartorius AG, PerkinElmer Inc., METTLER TOLEDO, Shimadzu Corporation, Rice Lake Weighing Systems, Ohaus Corporation, Cole-Parmer, RADWAG Balances and Scales, Labindia Instruments Pvt. Ltd., Techcomp Instruments, BEL Engineering, A&D Company Limited, PCE Instruments, Adam Equipment, Minebea Intec, Hogentogler & Co. Inc., Contech Instruments Ltd., Acculab, Torbal Scales, Brecknell Scales
North America was the largest region in the analytical balances and scales market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in analytical balances and scales report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the analytical balances and scales market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The analytical balances and scales market consists of sales of compact balances, portable balances, high-capacity lab balances, semi-micro balances, and counting scales. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Analytical Balances And Scales Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on analytical balances and scales market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for analytical balances and scales ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The analytical balances and scales market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.