Market Overview:
The global instrument 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 various industries, such as oil and gas, electronics, power and energy, pharmaceuticals, food and beverage, automotive and aerospace & defence. In addition, the growing awareness about quality control and safety among consumers is also fuelling the demand for instrument calibrators globally. Based on type of instrument calibrator, the global market can be segmented into benchtop instrument calibrator and portable instrument calibrator. The benchtop segment is expected to account for a larger share of the global market than the portable segment during the forecast period. This can be attributed to factors such as ease-of-use and accuracy offered by benchtop instruments over portable ones. Based on application area,the globalmarketcanbe dividedinto six major segments: oilandgas;electronics;powerandenergy;pharmaceuticals;food&beverage;automotive;aerospace&defence ;and others .
Product Definition:
Instrument calibrators are devices used to check and adjust the accuracy of test and measurement instruments. This is important because if instruments are not accurately calibrated, then the data they produce may be inaccurate, which could lead to incorrect decisions being made.
Benchtop Instrument Calibrator:
Instrument Calibrators are used to adjust the performance of scientific and medical instruments. They are also used in process industries such as petroleum, chemical, pharmaceuticals and food processing. The global market for instrument calibrators is expected to witness significant growth over the forecast period owing to increasing demand from end-user segments including life science industry and healthcare sector in developing countries including China, India, Brazil & Mexico.
Portable Instrument Calibrator:
The portable instrument calibrator is a device used to adjust the sensitivity of an electronic instrument. It's major applications are in the fields of medical and scientific research where sensitive instruments such as mass spectrometers, gas analyzers, and others require adjustment for best performance.
Application Insights:
The oil and gas segment dominated the global instrument calibrators market in terms of revenue share in 2017. The growth can be attributed to the rising demand for crude oil and natural gas across various regions, including Asia Pacific, North America, and Europe. In addition, technological advancements coupled with growing investments by major companies are expected to drive the segment further. For instance; on April 25th 2018; Halliburton announced about acquiring Baker Hughes Incorporated for around USD 26 billion to create a leading provider of innovative solutions and services for energy & resources operations globally.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key industry participants and well-established industrial sector. The region is expected to maintain its dominance over the forecast period, with growth mainly driven by U.S. Furthermore, growing government initiatives for research support are also anticipated to boost regional instrument calibrators market growth in near future.
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid industrialization and increasing awareness among end users regarding advanced technologies such as automation and digitalization across various industries including manufacturing, power generation, oil & gas exploration & production (E&P), etc., thereby driving demand for instrument calibrators in this region.
Growth Factors:
- Increasing demand for precision and accuracy in manufacturing and other industrial processes
- Growing number of calibration laboratories across the globe
- Proliferation of smart technologies and the Internet of Things (IoT)
- Rising awareness about the importance of calibration and its benefits
- Emergence of new applications for instrument calibrators
Scope Of The Report
Report Attributes
Report Details
Report Title
Instrument Calibrators Market Research Report
By Type
Benchtop Instrument Calibrator, Portable Instrument Calibrator
By Application
Oil and Gas, Electronics, Power and Energy, Pharmaceutical, Food & Beverage, Automotive, Aerospace & Defence, Others
By Companies
Fluke, OMEGA Engineering, Yogokawa Test & Measurement, GE Measurement & Control, AMETEK, WIKA, SIKA, FLIR Systems, Additel, Beamex Oy Ab, Fluke, Isothermal Technology, Time Electronics, Martel Electronics, CHINO Corporation, Gagemaker, Bronkhorst, TIS Instruments
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Instrument Calibrators Market Report Segments:
The global Instrument Calibrators market is segmented on the basis of:
Types
Benchtop Instrument Calibrator, Portable Instrument 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
Oil and Gas, Electronics, Power and Energy, Pharmaceutical, Food & Beverage, Automotive, Aerospace & Defence, 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:
- Fluke
- OMEGA Engineering
- Yogokawa Test & Measurement
- GE Measurement & Control
- AMETEK
- WIKA
- SIKA
- FLIR Systems
- Additel
- Beamex Oy Ab
- Fluke
- Isothermal Technology
- Time Electronics
- Martel Electronics
- CHINO Corporation
- Gagemaker
- Bronkhorst
- TIS Instruments
Highlights of The Instrument 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:
- Benchtop Instrument Calibrator
- Portable Instrument Calibrator
- By Application:
- Oil and Gas
- Electronics
- Power and Energy
- Pharmaceutical
- Food & Beverage
- Automotive
- Aerospace & Defence
- 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 Instrument 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?
Instrument calibrators are used to ensure that instruments are measuring the correct parameters.
Some of the major companies in the instrument calibrators market are Fluke, OMEGA Engineering, Yogokawa Test & Measurement, GE Measurement & Control, AMETEK, WIKA, SIKA, FLIR Systems, Additel, Beamex Oy Ab, Fluke, Isothermal Technology, Time Electronics, Martel Electronics, CHINO Corporation, Gagemaker, Bronkhorst, TIS Instruments.
The instrument calibrators market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Instrument 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 Instrument Calibrators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Instrument 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 Instrument 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 Instrument Calibrators Market Size & Forecast, 2018-2028
4.5.1 Instrument Calibrators Market Size and Y-o-Y Growth
4.5.2 Instrument Calibrators Market Absolute $ Opportunity
Chapter 5 Global Instrument 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 Instrument Calibrators Market Size Forecast by Type
5.2.1 Benchtop Instrument Calibrator
5.2.2 Portable Instrument Calibrator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Instrument 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 Instrument Calibrators Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Electronics
6.2.3 Power and Energy
6.2.4 Pharmaceutical
6.2.5 Food & Beverage
6.2.6 Automotive
6.2.7 Aerospace & Defence
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Instrument 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 Instrument 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 Instrument Calibrators Analysis and Forecast
9.1 Introduction
9.2 North America Instrument 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 Instrument Calibrators Market Size Forecast by Type
9.6.1 Benchtop Instrument Calibrator
9.6.2 Portable Instrument 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 Instrument Calibrators Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Electronics
9.10.3 Power and Energy
9.10.4 Pharmaceutical
9.10.5 Food & Beverage
9.10.6 Automotive
9.10.7 Aerospace & Defence
9.10.8 Others
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 Instrument Calibrators Analysis and Forecast
10.1 Introduction
10.2 Europe Instrument 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 Instrument Calibrators Market Size Forecast by Type
10.6.1 Benchtop Instrument Calibrator
10.6.2 Portable Instrument 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 Instrument Calibrators Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Electronics
10.10.3 Power and Energy
10.10.4 Pharmaceutical
10.10.5 Food & Beverage
10.10.6 Automotive
10.10.7 Aerospace & Defence
10.10.8 Others
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 Instrument Calibrators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Instrument 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 Instrument Calibrators Market Size Forecast by Type
11.6.1 Benchtop Instrument Calibrator
11.6.2 Portable Instrument 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 Instrument Calibrators Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Electronics
11.10.3 Power and Energy
11.10.4 Pharmaceutical
11.10.5 Food & Beverage
11.10.6 Automotive
11.10.7 Aerospace & Defence
11.10.8 Others
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 Instrument Calibrators Analysis and Forecast
12.1 Introduction
12.2 Latin America Instrument 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 Instrument Calibrators Market Size Forecast by Type
12.6.1 Benchtop Instrument Calibrator
12.6.2 Portable Instrument 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 Instrument Calibrators Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Electronics
12.10.3 Power and Energy
12.10.4 Pharmaceutical
12.10.5 Food & Beverage
12.10.6 Automotive
12.10.7 Aerospace & Defence
12.10.8 Others
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) Instrument Calibrators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Instrument 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) Instrument Calibrators Market Size Forecast by Type
13.6.1 Benchtop Instrument Calibrator
13.6.2 Portable Instrument 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) Instrument Calibrators Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Electronics
13.10.3 Power and Energy
13.10.4 Pharmaceutical
13.10.5 Food & Beverage
13.10.6 Automotive
13.10.7 Aerospace & Defence
13.10.8 Others
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 Instrument Calibrators Market: Competitive Dashboard
14.2 Global Instrument Calibrators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fluke
14.3.2 OMEGA Engineering
14.3.3 Yogokawa Test & Measurement
14.3.4 GE Measurement & Control
14.3.5 AMETEK
14.3.6 WIKA
14.3.7 SIKA
14.3.8 FLIR Systems
14.3.9 Additel
14.3.10 Beamex Oy Ab
14.3.11 Fluke
14.3.12 Isothermal Technology
14.3.13 Time Electronics
14.3.14 Martel Electronics
14.3.15 CHINO Corporation
14.3.16 Gagemaker
14.3.17 Bronkhorst
14.3.18 TIS Instruments
