Scale & Balance Manufacturing
Over the past five years, the Scale and Balance Manufacturing industry struggled to recover from the recession. While the industry benefited from postrecession pent-up demand, weak demand from the manufacturing sector, import competition and slow growth in freight volumes tempered and eventually reduced overall demand. Over the five years to 2021, increasing manufacturing activity and freight volumes will drive demand for industry products. Moreover, demand from key markets such as laboratories and weight stations are also anticipated to climb. Nonetheless, industry players are still expected to suffer from intense import competition as well as headwinds from domestic and foreign industrial markets.
This industry manufactures scales and balances for use in households, businesses and municipal organizations. Scales and balances are used to measure the weight of objects or people.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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