| Product Code: ETC5832295 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for the scale and balance market showed significant growth from 2023 to 2024, with a growth rate of 11.14%. The compound annual growth rate (CAGR) for the period of 2020-2024 stood at 8.75%. This uptick in imports can be attributed to a notable shift in demand for precision measuring equipment within the country, indicating a potential increase in industrial activities or quality control standards during that period.
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 Armenia Scale & Balance Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Scale & Balance Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Scale & Balance Market - Industry Life Cycle |
3.4 Armenia Scale & Balance Market - Porter's Five Forces |
3.5 Armenia Scale & Balance Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Armenia Scale & Balance Market Revenues & Volume Share, By Services, 2021 & 2031F |
3.7 Armenia Scale & Balance Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Armenia Scale & Balance Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Armenia Scale & Balance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision measurement tools in industries such as pharmaceuticals, food, and manufacturing |
4.2.2 Technological advancements leading to the development of more accurate and efficient scale and balance products |
4.2.3 Government regulations and standards emphasizing the use of accurate weighing equipment in various sectors |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing advanced scale and balance equipment |
4.3.2 Limited awareness and adoption of modern weighing technologies in certain industries |
4.3.3 Economic fluctuations impacting the purchasing power of businesses investing in scale and balance solutions |
5 Armenia Scale & Balance Market Trends |
6 Armenia Scale & Balance Market Segmentations |
6.1 Armenia Scale & Balance Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Armenia Scale & Balance Market Revenues & Volume, By Bench and Floor Scales, 2021-2031F |
6.1.3 Armenia Scale & Balance Market Revenues & Volume, By Laboratory Balance and Scales, 2021-2031F |
6.1.4 Armenia Scale & Balance Market Revenues & Volume, By Truck Scales, 2021-2031F |
6.1.5 Armenia Scale & Balance Market Revenues & Volume, By Hanging Scales, 2021-2031F |
6.1.6 Armenia Scale & Balance Market Revenues & Volume, By Counting Scales, 2021-2031F |
6.1.7 Armenia Scale & Balance Market Revenues & Volume, By Others, 2021-2031F |
6.2 Armenia Scale & Balance Market, By Services |
6.2.1 Overview and Analysis |
6.2.2 Armenia Scale & Balance Market Revenues & Volume, By Engineering Support Service, 2021-2031F |
6.2.3 Armenia Scale & Balance Market Revenues & Volume, By Installation Services, 2021-2031F |
6.2.4 Armenia Scale & Balance Market Revenues & Volume, By Upgrade, Maintenance and Repair Services, 2021-2031F |
6.2.5 Armenia Scale & Balance Market Revenues & Volume, By Software Solutions, 2021-2031F |
6.3 Armenia Scale & Balance Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Armenia Scale & Balance Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Armenia Scale & Balance Market Revenues & Volume, By Offline, 2021-2031F |
6.4 Armenia Scale & Balance Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Armenia Scale & Balance Market Revenues & Volume, By Construction Industry, 2021-2031F |
6.4.3 Armenia Scale & Balance Market Revenues & Volume, By Food and Beverage Industry, 2021-2031F |
6.4.4 Armenia Scale & Balance Market Revenues & Volume, By Transport and Logistics, 2021-2031F |
6.4.5 Armenia Scale & Balance Market Revenues & Volume, By Manufacturing Industry, 2021-2031F |
6.4.6 Armenia Scale & Balance Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.4.7 Armenia Scale & Balance Market Revenues & Volume, By Mining Industry, 2021-2031F |
6.4.8 Armenia Scale & Balance Market Revenues & Volume, By Other, 2021-2031F |
6.4.9 Armenia Scale & Balance Market Revenues & Volume, By Other, 2021-2031F |
7 Armenia Scale & Balance Market Import-Export Trade Statistics |
7.1 Armenia Scale & Balance Market Export to Major Countries |
7.2 Armenia Scale & Balance Market Imports from Major Countries |
8 Armenia Scale & Balance Market Key Performance Indicators |
8.1 Average utilization rate of scale and balance equipment in industries |
8.2 Percentage of businesses complying with government regulations on weighing accuracy |
8.3 Rate of adoption of new technologies in the scale and balance market |
9 Armenia Scale & Balance Market - Opportunity Assessment |
9.1 Armenia Scale & Balance Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Armenia Scale & Balance Market Opportunity Assessment, By Services, 2021 & 2031F |
9.3 Armenia Scale & Balance Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Armenia Scale & Balance Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Armenia Scale & Balance Market - Competitive Landscape |
10.1 Armenia Scale & Balance Market Revenue Share, By Companies, 2024 |
10.2 Armenia Scale & Balance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |