The U.S. takes first place in global imports of scales and balances, accounting for a 14% share (based on USD). It was followed by China (10%), Germany (9%), and Japan (8%). In 2015, U.S. scale and balance imports totaled 1,671 million USD, which was 86 million USD (5%) more than the year before.
From 2007 to 2015, U.S. scale and balance imports showed mixed dynamics. A significant drop in 2009 was followed by rapid growth over the next two years, until imports stabilized in 2012. They fluctuated near the level of 2012 over the last four years, with a slight acceleration in 2015. In 2010, U.S. scale and balance imports surpassed the pre-recession level of 2007.
As the world’s leading importer, the U.S. continues to be one of the biggest markets for global exporters.
China, Germany, and Japan were the main suppliers of scales and balances into the U.S., with a combined share of 52% of total U.S. imports in 2015. China was the fastest growing supplier (+7.1% per year) from 2007 to 2015, while Germany’s import share grew by +3.6% per year, and Japan faced a decline. China strengthened its position in the U.S. import structure, growing its share from 18% in 2007 to 25% in 2015. By contrast, Japan saw its share reduced by -4 percentage points to 12%.
From 2007 to 2015, the U.S. was a net importer of scales and balances. Moreover, imports grew faster than exports on average over the period under review.
Despite several fluctuations, the U.S. trade deficit in this sector worsened over the period under review, growing from 187 million USD in 2007 to 419 million USD in 2014. The trade deficit experienced a hike in 2015, as exports dropped, while imports tracked a 5% increase.
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“U.S. Scale And Balance Market. Analysis And Forecast to 2020” provides an in-depth analysis of the U.S. scale and balance market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
Countries coverage: the U.S.
- Market size;
- Domestic production, value of shipments;
- Key market players and their profiles;
- Exports, imports and trade balance;
- Import and export prices;
- Forecast of the market dynamics in the medium term;
- Key industry statistics;
- Life cycle of the industry;
- Number of establishments and their locations;
- Employment data;
- Industry productivity.
Product coverage: Vehicle and industrial scales; Retail, commercial, household, mailing scales and balances; Parts, attachments, and accessories for scales and balances; Scale and balance manufacturing, nsk, total
Companies mentioned: Mettler-Toledo International Inc., Rice Lake Weighing Systems, Avery Weigh-Tronix, Digi-Star, Mettler-Toledo, Fairbanks Scales, Merrick Industries, Gps Insight, Intercomp Co., Cardinal Scale Manufacturing Company, Parr Instrument Company, Hitachi Chemical Diagnostics, Measurement Systems International, Hyer Industries, General Electrodynamics Corp, Belt-Way Scales, Pennsylvania Scale Company, Vishay Blh, The A H Emery Company, E. Rowe Foundry & Machine Company, Zurex Corporation, Precision Analysis, Mettler-Toledo, Thermo Ramsey, Cat Scale Company, Ets-Lindgren, Winslow Scale Company, Unibridge Systems, Fancor, Tannehill International Industries, Digi-Star Holdings
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TABLE OF CONTENTS
1.1 REPORT DESCRIPTION
1.2 REPORT STRUCTURE
1.3 RESEARCH METHODOLOGY
2. EXECUTIVE SUMMARY
2.1 KEY FINDINGS
2.2 MARKET TRENDS
3. MARKET OVERVIEW
3.1 MARKET VALUE
3.2 TRADE BALANCE
3.3 MARKET OPPORTUNITIES
3.4 MARKET FORECAST TO 2020
4. DOMESTIC PRODUCTION
4.1 PRODUCTION IN 2008-2015
4.2 PRODUCTION BY TYPE
4.3 PRODUCTION BY STATE
4.4 PRODUCER PRICES
5.1 IMPORTS IN 2007-2015
5.2 IMPORTS BY TYPE
5.3 IMPORTS BY COUNTRY
5.4 IMPORT PRICES BY COUNTRY
6.1 EXPORTS IN 2007-2015
6.2 EXPORTS BY TYPE
6.3 EXPORTS BY COUNTRY
6.4 EXPORT PRICES BY COUNTRY
7. COMPETITIVE LANDSCAPE
7.1 INDUSTRY SNAPSHOTS
7.2 INDUSTRY LIFE CYCLE
7.3 BUSINESS LOCATIONS
7.5 ANNUAL PAYROLL
7.6 INDUSTRY PRODUCTIVITY
7.7 ESTABLISHMENT SIZE AND LEGAL FORM
8. COMPANY PROFILES