Electronic balance is an instrument used in the accurate measurement of weight of materials. Electronic balance is a significant instrument for the laboratories for precise measurement of chemicals which are used in various experiments. Laboratory electronic balance provides digital result of measurement. Some of the application areas for laboratory electronic balance are pharmaceutical research, scientific research, industrial, food research, educational research and others. On the basis of types of products electronic balance instrument can be classified into top loading balance and analytical balance. Electronic balance helps to produce repetitive result with great accuracy in research. Small and low cost of electronic balance instrument prefer for measuring food and more expensive version of electronic balance instruments are used in the labs and government agencies.
North America, followed by Europe, has the largest market for laboratory electronic balance due to increasing demand for laboratory electronic balance and rise in research activities in this region. Asia is expected to show high growth rate in the laboratory electronic balance market in next few years due to emerging demographics and increasing demand for research laboratories in the region.