Market Overview:
The global calibration equipments market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for calibration equipments from industrial and laboratory applications. Additionally, the growing awareness about quality control and safety measures is also propelling the growth of this market. On the basis of type, the global calibration equipments market can be segmented into mechanical calibration equipments, electrical calibration equipments, physical/dimensional calibration equipments, and thermodynamic calibration equipment. Of these, mechanical calibrations equipment held a dominant share in 2017 and is expected to continue its dominance during the forecast period as well. This can be attributed to their ability to provide high accuracy results with minimal errors. On account of their growing demand from various end-use industries such as automotive and aerospace & defense sectors; electrical calibrations equipment are witnessing a higher adoption rate than other types of calibrations equipment. Based on application, industrial sector accounted for majority share in 2017 followed by laboratories sector across all regions studied in this research study viz., North America, Latin America Europe Asia Pacific (APAC)and Middle East & Africa (MEA). Growth witnessed by industrial sector can primarily be attributed rising need for process validation across different industries coupled with stringent government regulations pertaining quality control & safety measures .
Product Definition:
A calibration equipment is a tool used to measure and adjust the accuracy of another device. It is important to use calibration equipment in order to ensure that devices are functioning correctly and producing accurate results.
Mechanical Calibration Equipments:
Calibration equipment is used to measure and record the performance of a machine or process with high accuracy. It helps in monitoring, measuring, and controlling the output from a device for carrying out any task accurately. The global calibration equipments market is expected to witness significant growth over the forecast period owing to its increasing demand across various industries such as automotive & transportation, food & beverages processing among others.
Electrical Calibration Equipments:
Electrical calibration equipment is used to measure and control the electrical characteristics of electronic devices. It includes a wide range of test instruments, measurement systems, and control devices that are used for ensuring quality in products manufactured by electronics & semiconductor industries.
The global electrical calibration equipments market size was valued at USD 4.6 billion in 2016.
Application Insights:
The industrial segment dominated the global calibration equipment market in 2017 and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for precision tools in manufacturing, automotive, aerospace and defense industries. Industrial applications include material testing, process control, inspection & quality assurance as well as development & production. These applications require a high level of precision and accuracy which leads to an increased adoption of these devices across various industries worldwide.
Laboratories also accounted for a significant share owing to increasing government spending on advanced technologies that support national laboratories in carrying out complex chemical analysis procedures with greater accuracy than ever before possible. National laboratories are major end-users of these devices due to their need for highly precise measuring instruments during experiments or when carrying out research activities at laboratory facilities globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D activities and technological advancements in laboratories as well as industrial facilities across U.S., Canada, and Mexico.
Europe accounted for significant share in terms of both volume.
Growth Factors:
- Increasing demand for calibration services from the manufacturing sector due to the increasing complexity of products and stringent quality control norms.
- Growing popularity of automated calibration systems that offer high accuracy and repeatability, resulting in increased demand for calibration equipment.
- Proliferation of portable calibrators that can be used in field settings, making calibration more convenient and cost-effective.
- Rising awareness about the importance of calibrating measurement devices to ensure accurate measurements and quality product output.
Scope Of The Report
Report Attributes
Report Details
Report Title
Calibration Equipments Market Research Report
By Type
Mechanical Calibration Equipments, Electrical Calibration Equipments, Physical/Dimensional Calibration Equipments, Thermodynamic Calibration Equipments
By Application
Industrial, Laboratories
By Companies
Fluke Corporation, OMEGA, WIKA, GE Druck, Bronkhorst, Ametek, Martel Electronics, CHINO CORPORATION, Extech, Gagemaker, Mountz Incorporated
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Calibration Equipments Market Report Segments:
The global Calibration Equipments market is segmented on the basis of:
Types
Mechanical Calibration Equipments, Electrical Calibration Equipments, Physical/Dimensional Calibration Equipments, Thermodynamic Calibration Equipments
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Laboratories
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fluke Corporation
- OMEGA
- WIKA
- GE Druck
- Bronkhorst
- Ametek
- Martel Electronics
- CHINO CORPORATION
- Extech
- Gagemaker
- Mountz Incorporated
Highlights of The Calibration Equipments Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mechanical Calibration Equipments
- Electrical Calibration Equipments
- Physical/Dimensional Calibration Equipments
- Thermodynamic Calibration Equipments
- By Application:
- Industrial
- Laboratories
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Calibration Equipments Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Calibration equipment is used to measure the accuracy of a device or instrument.
Some of the major companies in the calibration equipments market are Fluke Corporation, OMEGA, WIKA, GE Druck, Bronkhorst, Ametek, Martel Electronics, CHINO CORPORATION, Extech, Gagemaker, Mountz Incorporated.
The calibration equipments market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Calibration Equipments Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Calibration Equipments Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Calibration Equipments Market - Supply Chain
4.5. Global Calibration Equipments Market Forecast
4.5.1. Calibration Equipments Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Calibration Equipments Market Size (000 Units) and Y-o-Y Growth
4.5.3. Calibration Equipments Market Absolute $ Opportunity
5. Global Calibration Equipments Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Calibration Equipments Market Size and Volume Forecast by Type
5.3.1. Mechanical Calibration Equipments
5.3.2. Electrical Calibration Equipments
5.3.3. Physical/Dimensional Calibration Equipments
5.3.4. Thermodynamic Calibration Equipments
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Calibration Equipments Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Calibration Equipments Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Laboratories
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Calibration Equipments Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Calibration Equipments Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Calibration Equipments Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Calibration Equipments Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Calibration Equipments Demand Share Forecast, 2019-2026
9. North America Calibration Equipments Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Calibration Equipments Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Calibration Equipments Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Laboratories
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Calibration Equipments Market Size and Volume Forecast by Type
9.7.1. Mechanical Calibration Equipments
9.7.2. Electrical Calibration Equipments
9.7.3. Physical/Dimensional Calibration Equipments
9.7.4. Thermodynamic Calibration Equipments
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Calibration Equipments Demand Share Forecast, 2019-2026
10. Latin America Calibration Equipments Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Calibration Equipments Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Calibration Equipments Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Laboratories
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Calibration Equipments Market Size and Volume Forecast by Type
10.7.1. Mechanical Calibration Equipments
10.7.2. Electrical Calibration Equipments
10.7.3. Physical/Dimensional Calibration Equipments
10.7.4. Thermodynamic Calibration Equipments
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Calibration Equipments Demand Share Forecast, 2019-2026
11. Europe Calibration Equipments Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Calibration Equipments Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Calibration Equipments Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Laboratories
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Calibration Equipments Market Size and Volume Forecast by Type
11.7.1. Mechanical Calibration Equipments
11.7.2. Electrical Calibration Equipments
11.7.3. Physical/Dimensional Calibration Equipments
11.7.4. hermodynamic Calibration Equipments
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Calibration Equipments Demand Share, 2019-2026
12. Asia Pacific Calibration Equipments Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Calibration Equipments Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Calibration Equipments Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Laboratories
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Calibration Equipments Market Size and Volume Forecast by Type
12.7.1. Mechanical Calibration Equipments
12.7.2. Electrical Calibration Equipments
12.7.3. Physical/Dimensional Calibration Equipments
12.7.4. Thermodynamic Calibration Equipments
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Calibration Equipments Demand Share, 2019-2026
13. Middle East & Africa Calibration Equipments Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Calibration Equipments Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Calibration Equipments Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Laboratories
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Calibration Equipments Market Size and Volume Forecast by Type
13.7.1. Mechanical Calibration Equipments
13.7.2. Electrical Calibration Equipments
13.7.3. Physical/Dimensional Calibration Equipments
13.7.4. Thermodynamic Calibration Equipments
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Calibration Equipments Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Calibration Equipments Market: Market Share Analysis
14.2. Calibration Equipments Distributors and Customers
14.3. Calibration Equipments Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fluke Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OMEGA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. WIKA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GE Druck
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bronkhorst
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ametek
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Martel Electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CHINO CORPORATION
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Extech
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gagemaker
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mountz Incorporated
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
