Market Overview:
The global electrical calibrators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for calibration services in various industries such as engineering, manufacturing, and others. Additionally, the growing awareness about quality control and safety measures is also propelling the growth of this market. Based on type, the global electrical calibrators market can be segmented into AC/DC voltage calibrator and current calibrator. The AC/DC voltage calibrator segment is expected to hold a major share of this market during the forecast period owing to its wide usage in various industries for calibration purposes. Based on application, the global electrical calibrators market can be divided into engineering, manufacturing, and others segments.
Product Definition:
An electrical calibrator is a device used to check and adjust the calibration of electrical measuring instruments. Electrical calibrators are important because they allow for accurate measurements of voltage, current, and other electrical properties.
AC/DC Voltage Calibrator:
AC/DC voltage calibrator is a device used to measure the accurate voltage of an AC power source and can be used for testing electrical equipment such as electronic meters, batteries, circuit boards etc. It works on the principle of fluctuation minimization by detecting and compensating small fluctuations in the input signal.
The growth factor in this market is that it helps to minimize measurement errors which are responsible for faulty measurements made by various instruments or devices.
Current Calibrator:
Current calibrator is used in electrical calibrators to provide a standard current that can be compared with other currents found in the market. It helps to adjust the output of an electric caliper so that it gives accurate measurements. The current provided by current calibrator is constant and unaffected by temperature, thus making it suitable for use as a reference source for thermal measurement applications.
The major application areas where this product finds its usage include automotive, medical & healthcare, industrial manufacturing.
Application Insights:
The others application segment includes healthcare, automotive, and electronics industry. The demand for the product in this segment is expected to witness a CAGR of XX% over the forecast period owing to its increasing use in manufacturing processes such as foundry and smelting. In addition, growing usage of these devices for testing electrical equipment during manufacturing process is also anticipated to fuel market growth over the coming years.
Engineering was estimated as the largest application segment with a share of more than 40% in 2017 on account of wide applications across industries such as oil & gas and power generation that require high precision instrumentation for their operations at all times without failure or error-related problems due to improper functioning or maintenance procedures carried out by end-users or engineering staffs involved with these devices operation daily basis.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is attributed to increasing production and consumption of electronics in countries such as China, India, Japan, South Korea, Taiwan among others. Increasing demand for electrical devices with high performance and low cost coupled with rising manufacturing activities in these countries will drive the market further.
The Asia Pacific regional market has been witnessing a significant rise in demand for current calibrators due to growing industrialization across several sectors including automotive & transportation equipment, consumer goods etc., which will drive its growth further. Europe held a substantial share of global revenue owing to large-scale adoption across several industries such as aerospace & defense industry and power generation sector among others that are characterized by strict safety regulations for electrical devices affecting their performance or efficiency resulting into product failure or damage leading to operational failures eventually impacting business operations negatively thereby hampering overall company profits & economic well-being of nations within the region (EEA).
Growth Factors:
- Increasing demand for electrical calibrators in the automotive and aerospace industries
- Growing popularity of automated calibration systems
- Rising demand for portable calibrators
- Proliferation of smart grids and renewable energy sources
- Technological advancements in electrical calibrators
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Calibrators Market Research Report
By Type
AC/DC Voltage Calibrator, Current Calibrator
By Application
Engineering, Manufacturing, Others
By Companies
Fluke , King Nutronics, WIKA Instrument, Transmille, Time Electronics, HT Instruments, Zeal, Megger, Seaward, Electrical Test Instruments, Microtek Instruments, Martindale Electric
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Calibrators Market Report Segments:
The global Electrical Calibrators market is segmented on the basis of:
Types
AC/DC Voltage Calibrator, Current Calibrator
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
Engineering, Manufacturing, Others
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:
- FlukeÂ
- King Nutronics
- WIKA Instrument
- Transmille
- Time Electronics
- HT Instruments
- Zeal
- Megger
- Seaward
- Electrical Test Instruments
- Microtek Instruments
- Martindale Electric
Highlights of The Electrical Calibrators 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:
- AC/DC Voltage Calibrator
- Current Calibrator
- By Application:
- Engineering
- Manufacturing
- Others
- 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 Electrical Calibrators 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
An electrical calibrator is a device that measures the voltage and current of an electrical circuit. This information can be used to ensure that the circuit is functioning properly.
Some of the key players operating in the electrical calibrators market are Fluke‚Â , King Nutronics, WIKA Instrument, Transmille, Time Electronics, HT Instruments, Zeal, Megger, Seaward, Electrical Test Instruments, Microtek Instruments, Martindale‚Â Electric.
The electrical calibrators market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical Calibrators 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. Electrical Calibrators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical Calibrators Market - Supply Chain
4.5. Global Electrical Calibrators Market Forecast
4.5.1. Electrical Calibrators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical Calibrators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical Calibrators Market Absolute $ Opportunity
5. Global Electrical Calibrators 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. Electrical Calibrators Market Size and Volume Forecast by Type
5.3.1. AC/DC Voltage Calibrator
5.3.2. Current Calibrator
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical Calibrators 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. Electrical Calibrators Market Size and Volume Forecast by Application
6.3.1. Engineering
6.3.2. Manufacturing
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical Calibrators 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. Electrical Calibrators 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 Electrical Calibrators 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. Electrical Calibrators 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 Electrical Calibrators Demand Share Forecast, 2019-2026
9. North America Electrical Calibrators 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 Electrical Calibrators 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 Electrical Calibrators Market Size and Volume Forecast by Application
9.4.1. Engineering
9.4.2. Manufacturing
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical Calibrators Market Size and Volume Forecast by Type
9.7.1. AC/DC Voltage Calibrator
9.7.2. Current Calibrator
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 Electrical Calibrators Demand Share Forecast, 2019-2026
10. Latin America Electrical Calibrators 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 Electrical Calibrators 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 Electrical Calibrators Market Size and Volume Forecast by Application
10.4.1. Engineering
10.4.2. Manufacturing
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical Calibrators Market Size and Volume Forecast by Type
10.7.1. AC/DC Voltage Calibrator
10.7.2. Current Calibrator
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 Electrical Calibrators Demand Share Forecast, 2019-2026
11. Europe Electrical Calibrators 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 Electrical Calibrators 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 Electrical Calibrators Market Size and Volume Forecast by Application
11.4.1. Engineering
11.4.2. Manufacturing
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical Calibrators Market Size and Volume Forecast by Type
11.7.1. AC/DC Voltage Calibrator
11.7.2. Current Calibrator
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 Electrical Calibrators Demand Share, 2019-2026
12. Asia Pacific Electrical Calibrators 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 Electrical Calibrators 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 Electrical Calibrators Market Size and Volume Forecast by Application
12.4.1. Engineering
12.4.2. Manufacturing
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical Calibrators Market Size and Volume Forecast by Type
12.7.1. AC/DC Voltage Calibrator
12.7.2. Current Calibrator
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 Electrical Calibrators Demand Share, 2019-2026
13. Middle East & Africa Electrical Calibrators 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 Electrical Calibrators 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 Electrical Calibrators Market Size and Volume Forecast by Application
13.4.1. Engineering
13.4.2. Manufacturing
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical Calibrators Market Size and Volume Forecast by Type
13.7.1. AC/DC Voltage Calibrator
13.7.2. Current Calibrator
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 Electrical Calibrators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical Calibrators Market: Market Share Analysis
14.2. Electrical Calibrators Distributors and Customers
14.3. Electrical Calibrators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fluke
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. King Nutronics
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 Instrument
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Transmille
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Time Electronics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HT Instruments
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zeal
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Megger
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Seaward
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Electrical Test Instruments
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Microtek Instruments
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Martindale Electric
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
