Product Code: ETC065383 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India is the world`s second-largest producer and consumer of scales & balances. As a result, there has been an increasing demand for scales & balances in recent years due to their usage in industrial, commercial, and educational applications. The Indian market for scales & balances is projected to witness a CAGR of 5.1% during 2021-2027 driven by the growing demand from food processing, chemical industries, pharmaceuticals etc., increase in infrastructure development activities and ongoing automation trend among major end user industries like manufacturing units.
Some of the factors driving growth in this market include rising disposable income levels across major cities; increased awareness about product safety standards amongst consumers; increasing use of digital weighing systems (for efficient stock management); government initiatives supporting research & development related to precision instruments; growing focus on environmental protection through accurate measurements; presence of large scale manufacturers in India offering competitively priced products.
Challenges: However, some challenges faced by this industry are lack of availability/accessibility to modern weighing technologies due to high capital investment costs associated with them as well as non-uniform implementation of quality standards across different regions which affects product reliability affecting confidence amongst consumers. Additionally low bargaining power with suppliers along with fluctuating raw material prices can lead to cost uncertainties further creating difficulties while setting pricing strategies for players operating within the country?s economy.
Leading domestic players holding significant share within India?s Scale & Balance Market includes A&D Company Ltd , Accurate Weighing Scales (U) Ltd , Cambridge International Pvt Ltd , Elshaddai Engineering Solutions Pvt Ltd , Hindustan Scale Co Private Limited among others whereas prominent foreign players comprise Mettler Toledo International Inc., Sartorius AG Weighing Technologies Division (Germany), Avery weigh Tronix LLC (US) etc..
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Scale & Balance Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Scale & Balance Market Revenues & Volume, 2020 & 2027F |
3.3 India Scale & Balance Market - Industry Life Cycle |
3.4 India Scale & Balance Market - Porter's Five Forces |
3.5 India Scale & Balance Market Revenues & Volume Share, By Product Types, 2020 & 2027F |
3.6 India Scale & Balance Market Revenues & Volume Share, By Services, 2020 & 2027F |
3.7 India Scale & Balance Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
3.8 India Scale & Balance Market Revenues & Volume Share, By End-User, 2020 & 2027F |
4 India Scale & Balance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Scale & Balance Market Trends |
6 India Scale & Balance Market, By Types |
6.1 India Scale & Balance Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 India Scale & Balance Market Revenues & Volume, By Product Types, 2018 - 2027F |
6.1.3 India Scale & Balance Market Revenues & Volume, By Bench and Floor Scales, 2018 - 2027F |
6.1.4 India Scale & Balance Market Revenues & Volume, By Laboratory Balance and Scales, 2018 - 2027F |
6.1.5 India Scale & Balance Market Revenues & Volume, By Truck Scales, 2018 - 2027F |
6.1.6 India Scale & Balance Market Revenues & Volume, By Hanging Scales, 2018 - 2027F |
6.1.7 India Scale & Balance Market Revenues & Volume, By Counting Scales, 2018 - 2027F |
6.1.8 India Scale & Balance Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 India Scale & Balance Market, By Services |
6.2.1 Overview and Analysis |
6.2.2 India Scale & Balance Market Revenues & Volume, By Engineering Support Service, 2018 - 2027F |
6.2.3 India Scale & Balance Market Revenues & Volume, By Installation Services, 2018 - 2027F |
6.2.4 India Scale & Balance Market Revenues & Volume, By Upgrade, Maintenance and Repair Services, 2018 - 2027F |
6.2.5 India Scale & Balance Market Revenues & Volume, By Software Solutions, 2018 - 2027F |
6.3 India Scale & Balance Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Scale & Balance Market Revenues & Volume, By Online, 2018 - 2027F |
6.3.3 India Scale & Balance Market Revenues & Volume, By Offline, 2018 - 2027F |
6.4 India Scale & Balance Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 India Scale & Balance Market Revenues & Volume, By Construction Industry, 2018 - 2027F |
6.4.3 India Scale & Balance Market Revenues & Volume, By Food and Beverage Industry, 2018 - 2027F |
6.4.4 India Scale & Balance Market Revenues & Volume, By Transport and Logistics, 2018 - 2027F |
6.4.5 India Scale & Balance Market Revenues & Volume, By Manufacturing Industry, 2018 - 2027F |
6.4.6 India Scale & Balance Market Revenues & Volume, By Chemical Industry, 2018 - 2027F |
6.4.7 India Scale & Balance Market Revenues & Volume, By Mining Industry, 2018 - 2027F |
6.4.8 India Scale & Balance Market Revenues & Volume, By Other, 2018 - 2027F |
6.4.9 India Scale & Balance Market Revenues & Volume, By Other, 2018 - 2027F |
7 India Scale & Balance Market Import-Export Trade Statistics |
7.1 India Scale & Balance Market Export to Major Countries |
7.2 India Scale & Balance Market Imports from Major Countries |
8 India Scale & Balance Market Key Performance Indicators |
9 India Scale & Balance Market - Opportunity Assessment |
9.1 India Scale & Balance Market Opportunity Assessment, By Product Types, 2020 & 2027F |
9.2 India Scale & Balance Market Opportunity Assessment, By Services, 2020 & 2027F |
9.3 India Scale & Balance Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
9.4 India Scale & Balance Market Opportunity Assessment, By End-User, 2020 & 2027F |
10 India Scale & Balance Market - Competitive Landscape |
10.1 India Scale & Balance Market Revenue Share, By Companies, 2020 |
10.2 India Scale & Balance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |