Market Overview:
The global industrial portable 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 from in-house industry users, third-party service providers, and OEMs across the globe. Additionally, the growing awareness about quality control and safety among end users is also propelling the demand for industrial portable calibrators. On the basis of type, the global industrial portable calibrators market can be segmented into portable pressure calibrator, portable temperature calibrator, portable loop calibrator, and portable multifunctional calibrator. On them basis of application, thee Global Industrial Portable Calibrators Market can be divided into three segments: in-house industry users; third-party service providers; and OEMs (original equipment manufacturers).
Product Definition:
Industrial portable calibrators can be used to calibrate a variety of industrial instruments. They are often more rugged and weatherproof than traditional laboratory calibration devices, making them ideal for use in the field. Industrial portable calibrators can help ensure that instruments are always operating within their specified tolerances, which can improve process efficiency and reduce manufacturing costs.
Portable Pressure Calibrator:
Portable pressure calibrators are used to measure and control the pressure in industrial applications. They are also known as man-down/man-up systems, safety relief valves or emergency release valves (ERV). Portable pressure calibrators can be categorized into two types on the basis of their usage; they either act as a manometer or a differential Pressure Transducer (DPR) system.
Portable Temperature Calibrator:
The portable temperature calibrator is a device used to adjust the temperature of an industrial process. It is also known as a PTB or portable thermal balance. The PTB can be used in various industries such as petrochemical, food & beverage, and pharmaceuticals among others. In the pharmaceutical industry it can be used for sterilizing vials and ampoules among other processes that require heat-sensitive products to be held at specific temperatures during their performance.
Application Insights:
The in-house industry users segment dominated the global portable calibrators market and accounted for more than 54.0% share of the total revenue in 2017. The growth is attributed to increasing demand from various industries, such as oil & gas, chemical, petrochemical, power generation and pharmaceuticals among others. In-house industry users include OEMs that manufacture products for their own use or for distribution through authorized dealerships or directly to customers.
OEMs are majorly involved in the production of equipment intended for use by third parties within its facilities or supplied to end-users under service contracts with a promise of quality performance reliability and durability along with additional features such as safety interlocks designed specifically to prevent accidents from occurring on plant floor during maintenance operations etcetera (North America). Portable pressure calibrator was one of the prominent segments accounting for a significant market share within this application region owing to its wide applications across numerous industries worldwide (Europe).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for portable pressure, temperature, and multifunction calibrators from end-users in various industries including oil & gas, petrochemical, power generation, metal processing etc. In addition, rising investments by governments in developing countries are anticipated to boost industrialization which will further propel product adoption.
The Latin American regional market is also estimated to witness significant growth over the coming years owing to factors such as increasing government spending on energy infrastructure development projects along with growing emphasis on improving production efficiency across various end-use industries. Moreover changing regulations aimed at reducing pollution levels and enhancing environmental protection are likely to drive industry expansion over the next eight years.
Growth Factors:
- Increasing demand for industrial portable calibrators in the process industries owing to the benefits offered by them such as accuracy, portability and reliability.
- Growing popularity of automated calibration systems that use industrial portable calibrators for reducing downtime and improving productivity.
- Proliferation of smart factories with connected devices and sensors that require regular calibration for optimal performance, driving the demand for industrial portable calibrators.
- Rising awareness about the importance of calibration and its impact on product quality, leading to an increase in adoption rates of industrial portable calibrators across different industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Portable Calibrators Market Research Report
By Type
Portable Pressure Calibrator, Portable Temperature Calibrator, Portable Loop Calibrator, Portable Multifunction Calibrator
By Application
In-house Industry Users, Third-party Service Providers, OEMs
By Companies
ABB, Fluke, GENERAL ELECTRIC, Spectris, Yokogawa Electric, ABB
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Portable Calibrators Market Report Segments:
The global Industrial Portable Calibrators market is segmented on the basis of:
Types
Portable Pressure Calibrator, Portable Temperature Calibrator, Portable Loop Calibrator, Portable Multifunction 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
In-house Industry Users, Third-party Service Providers, OEMs
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:
- ABB
- Fluke
- GENERAL ELECTRIC
- Spectris
- Yokogawa Electric
- ABB
Highlights of The Industrial Portable 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:
- Portable Pressure Calibrator
- Portable Temperature Calibrator
- Portable Loop Calibrator
- Portable Multifunction Calibrator
- By Application:
- In-house Industry Users
- Third-party Service Providers
- OEMs
- 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 Industrial Portable 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.
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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?
Industrial Portable Calibrators are calibrated devices used in industrial and scientific applications. They are used to measure the accuracy of machine tools, measuring instruments, and other equipment.
Some of the key players operating in the industrial portable calibrators market are ABB, Fluke, GENERAL ELECTRIC, Spectris, Yokogawa Electric, ABB.
The industrial portable calibrators market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Portable Calibrators Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Portable Calibrators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Portable Calibrators Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Portable Calibrators Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Portable Calibrators Market Size & Forecast, 2018-2028
4.5.1 Industrial Portable Calibrators Market Size and Y-o-Y Growth
4.5.2 Industrial Portable Calibrators Market Absolute $ Opportunity
Chapter 5 Global Industrial Portable Calibrators Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Portable Calibrators Market Size Forecast by Type
5.2.1 Portable Pressure Calibrator
5.2.2 Portable Temperature Calibrator
5.2.3 Portable Loop Calibrator
5.2.4 Portable Multifunction Calibrator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Portable Calibrators Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Portable Calibrators Market Size Forecast by Applications
6.2.1 In-house Industry Users
6.2.2 Third-party Service Providers
6.2.3 OEMs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Portable Calibrators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Portable Calibrators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Portable Calibrators Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Portable Calibrators Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Portable Calibrators Market Size Forecast by Type
9.6.1 Portable Pressure Calibrator
9.6.2 Portable Temperature Calibrator
9.6.3 Portable Loop Calibrator
9.6.4 Portable Multifunction Calibrator
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Portable Calibrators Market Size Forecast by Applications
9.10.1 In-house Industry Users
9.10.2 Third-party Service Providers
9.10.3 OEMs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Portable Calibrators Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Portable Calibrators Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Portable Calibrators Market Size Forecast by Type
10.6.1 Portable Pressure Calibrator
10.6.2 Portable Temperature Calibrator
10.6.3 Portable Loop Calibrator
10.6.4 Portable Multifunction Calibrator
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Portable Calibrators Market Size Forecast by Applications
10.10.1 In-house Industry Users
10.10.2 Third-party Service Providers
10.10.3 OEMs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Portable Calibrators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Portable Calibrators Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Portable Calibrators Market Size Forecast by Type
11.6.1 Portable Pressure Calibrator
11.6.2 Portable Temperature Calibrator
11.6.3 Portable Loop Calibrator
11.6.4 Portable Multifunction Calibrator
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Portable Calibrators Market Size Forecast by Applications
11.10.1 In-house Industry Users
11.10.2 Third-party Service Providers
11.10.3 OEMs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Portable Calibrators Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Portable Calibrators Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Portable Calibrators Market Size Forecast by Type
12.6.1 Portable Pressure Calibrator
12.6.2 Portable Temperature Calibrator
12.6.3 Portable Loop Calibrator
12.6.4 Portable Multifunction Calibrator
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Portable Calibrators Market Size Forecast by Applications
12.10.1 In-house Industry Users
12.10.2 Third-party Service Providers
12.10.3 OEMs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Portable Calibrators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Portable Calibrators Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Portable Calibrators Market Size Forecast by Type
13.6.1 Portable Pressure Calibrator
13.6.2 Portable Temperature Calibrator
13.6.3 Portable Loop Calibrator
13.6.4 Portable Multifunction Calibrator
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Portable Calibrators Market Size Forecast by Applications
13.10.1 In-house Industry Users
13.10.2 Third-party Service Providers
13.10.3 OEMs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Portable Calibrators Market: Competitive Dashboard
14.2 Global Industrial Portable Calibrators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Fluke
14.3.3 GENERAL ELECTRIC
14.3.4 Spectris
14.3.5 Yokogawa Electric
14.3.6 ABB
