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Bench Scale Market Competitive landscape, Growth Strategies for Business Development, Analysis & Forecast, 2018-2028

04-23-2019 03:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Bench scales Market

Bench scales Market

Bench scales are light duty platform scales that are used in several industrial, domestic and commercial applications. Bench scales can be used to calculate the static as well as dynamic load of objects. Bench scales are generally mounted on a counter, table, bench or other work surfaces.

Increasing industrialisation globally has boosted the production of small as well as medium-sized goods. Most of these goods are sold on the basis of their weight, which has boosted the usage of bench scales in multiple industries. Nowadays, several industries have increased the usage of bench scale due to the growing need for the weighing of goods. The bench scale market is expected to witness substantial growth during the forecast period due to an increase in the usage of bench scales in the food, shipping, chemical, retail, medical and pharmaceutical industries. Moreover, the usage of the bench scales is increasing as a ‘counting scale,’ whose function is to determine the number of items from the weight of a collection of objects. This application is expected to provide an opportunity for the growth of the bench scale market.

Moreover, bench scales are available in multiple sizes with variable capacities and with different accuracy ratings, which is expected to drive the bench scale market. Moreover, industries can use bench scales of different materials according to their needs. The bench scale market is expected to witness significant growth during the forecast period due to the various applications of bench scales, which include advanced check weighing, dynamic weighing and percentage weighting. Moreover, the application of the bench scale as differential weighing, density determination and sieve analysis is expected to offer potential growth to the bench scale market during the forecast period.

Bench Scale Market: Drivers and Challenges

Some of the drivers of the bench scale market are increasing industrialisation globally and the growing number of food, medical & chemical industries and increasing urbanisation. Moreover, increase in the globalisation of fresh, frozen and packed food & beverages is expected to significantly contribute to the growth to the bench scale market. In addition, certain companies are engaged in the packaging of food products and other items on a contractual basis. Increase in the number of these industries is expected to boost the demand for bench scales. Moreover, the concept of the value addition is followed by various industries, which is expected to provide substantial growth to the bench scale market during the forecast period.

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Changing government rules towards the standardisation of the goods manufactured by various industries is also expected to result in the significant growth of the bench scale market. Moreover, an increase in the public awareness about the smart buying of goods is considerably contributing to the growth of the bench scale market. Furthermore, the add-on features of bench scales are boosting the sales of bench scales.

However, lack of technological advancements in certain industries and the lack of public & government awareness about weighting regulations are some of the factors expected to hamper the growth of the bench scale market during the forecast period.

Bench Scale Market: Segmentation

The bench scale market can be segmented as follows:

Segmentation of bench scale market on the basis of type:
Balance
Spring
Hydraulic
Electronic

Segmentation of bench scale market on the basis of component:
Hardware
Services

Segmentation of bench scale market on the basis of application:
Weighing
Parts Counting
Percent Weighing
Advanced Check weighing
Dynamic Weighing
Filling, Formulation
Differential Weighing
Density Determination
Sieve Analysis
Others

Segmentation of bench scale market on the basis of sales channel:
Original Equipment Manufacturers
Distributors and Resellers
Online & Retail stores

Segmentation of bench scale market on the basis of industry:
Food
Chemical
Shipping and receiving
Medical
Pharmaceutical
Retail
Others

Segmentation of bench scale market on the basis of enterprise size:
Large Enterprise
SMEs
Bench Scale Market: Key Players

Some key players of the bench scale market are OHAUS; METTLER TOLEDO; Avery India Ltd.; PCE Instruments UK Ltd.; Adam Equipment Ltd.; Rice Lake Weighing Systems; KERN & SOHN GmbH; Armour Scale Company, Inc.; Robert Bosch GmbH; A&D Australasia Pty Ltd.; Contech; ATRONTEC ELECTRONIC TECH CO., LTD. and Inscale Ltd. These players are expected to highly influence the growth of the bench scale market during forecast period.

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Bench Scale Market: Regional Overview

North America is expected to lead the bench scale market due to the presence of a large number of vendors of bench scales in the region. The Latin America bench scale market is expected to witness significant growth due to an increase in the number of food, chemical and other industries. Technological advancements in Europe are expected to boost the growth opportunities for the bench scale market. Improvements in government regulations and change is standards regarding the weighting of goods is expected to provide substantial growth opportunities for the bench scale market in the Asia Pacific region. The Middle East and Africa bench scale market is expected to witness potential growth due to the rapid growth of the production and manufacturing industries in the region. The growth of wholesale trade, accommodation, food services and retail trade is expected to provide considerable growth opportunities to the bench scale market during the forecast period.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705

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