Market Overview:
The global light source calibration services market is expected to grow at a CAGR of 6.5% 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 end-use industries, such as aviation, automotive, medical and environment. In addition, the growing awareness about quality control and safety among consumers is also propelling the demand for light source calibration services. The global light source calibration services market can be segmented on the basis of type into satellite quality monitor, portable field calibrator and optical calibrator. The optical calibrator segment is expected to witness highest growth during the forecast period owing to its wide application in various end-use industries. On the basis of application, the global light source calibration service market can be divided into aviation, automotive, medical devices & equipment manufacturing sector (MDE), environmental testing laboratories and others segments respectively.
Product Definition:
Light Source Calibration Services is the process of calibrating a light source so that it emits light with a known intensity. This is important because it allows researchers to accurately measure the amount of light emitted by a given source, which can be used to calculate its brightness.
Satellite Quality Monitor:
Satellite quality monitor (SQM) is a tool that measures the light intensity of remote sensing satellite. It helps in measuring and analyzing the errors occurring due to instrumental, atmospheric, and other factors. The main function of this device is to provide data that can be used for deriving accurate surface reflectance at any given time and place.
Portable Field Calibrator:
The global Portable Field Calibrator (PFC) and it's usage in Light Source Calibration Services market size was valued at USD 6.5 million in 2016. The growth can be attributed to the growing demand for on-site calibration services, especially from the oil & gas sector, due to stringent regulations pertaining to environment and safety by various regulatory bodies such as OSHA & EPA.
Application Insights:
The automotive application segment led the global light source calibration services market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-precision sensors across various industries, such as aerospace and defense, which require highly accurate timepieces for their equipment.
The aviation segment accounted for more than 20% share of the overall revenue in 2017 owing to its critical applications in aircraft manufacturing and maintenance. In recent years, there has been an increase in passenger traffic on commercial airlines worldwide due to growing middle-class population along with rapid urbanization leading to rise in per capita income levels across developing countries including China India & Brazil which are likely to fuel industry expansion over the next few years.
Regional Analysis:
North America held the largest market share in 2016 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing demand for high-precision instruments used in various applications such as aerospace, automotive, industrial, medical & dental and others. Europe accounted for a significant market share owing to growing R&D activities related to light source calibration services across several sectors including aerospace & defense, energy & power industry. Moreover, rising adoption of LED lighting solutions is also anticipated to drive regional growth over the forecast period. Asia Pacific region is projected to witness lucrative CAGR during the same period due with rapid industrialization and developing economy especially in China and India which are major consumers of these services along with other emerging countries such as Taiwan Province of China; South Korea; Singapore; Hong Kong SAR China; Malaysia etc.).
Growth Factors:
- Increasing demand for accurate and precise light measurements across various industries
- Proliferation of LED lighting and its growing adoption in various applications
- Rising awareness about the benefits of light source calibration services among businesses and consumers alike
- Growing number of service providers offering light source calibration services worldwide
- Technological advancements in the field of optical metrology
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Source Calibration Services Market Research Report
By Type
Satellite Quality Monitor, Portable Field Calibrator, Optical Calibration Services
By Application
Aviation, Automotive, Medical, Environment, Others
By Companies
Gamma Scientific, Oriel Instruments, Labsphere, GMP SA Renens & Fallanden, StellarNet
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
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Light Source Calibration Services Market Report Segments:
The global Light Source Calibration Services market is segmented on the basis of:
Types
Satellite Quality Monitor, Portable Field Calibrator, Optical Calibration Services
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
Aviation, Automotive, Medical, Environment, 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:
- Gamma Scientific
- Oriel Instruments
- Labsphere
- GMP SA Renens & Fallanden
- StellarNet
Highlights of The Light Source Calibration Services 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:
- Satellite Quality Monitor
- Portable Field Calibrator
- Optical Calibration Services
- By Application:
- Aviation
- Automotive
- Medical
- Environment
- 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 Light Source Calibration Services 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
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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?
Light source calibration services are a way to ensure that the light emitted from your equipment is of the correct color and intensity. This can be important for accurate image rendering, printing, and other applications.
Some of the key players operating in the light source calibration services market are Gamma Scientific, Oriel Instruments, Labsphere, GMP SA Renens & Fallanden, StellarNet.
The light source calibration services market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Light Source Calibration Services 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 Light Source Calibration Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Light Source Calibration Services 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 Light Source Calibration Services 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 Light Source Calibration Services Market Size & Forecast, 2020-2028
4.5.1 Light Source Calibration Services Market Size and Y-o-Y Growth
4.5.2 Light Source Calibration Services Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Satellite Quality Monitor
5.2.2 Portable Field Calibrator
5.2.3 Optical Calibration Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Aviation
6.2.2 Automotive
6.2.3 Medical
6.2.4 Environment
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Light Source Calibration Services 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 Light Source Calibration Services 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Satellite Quality Monitor
9.6.2 Portable Field Calibrator
9.6.3 Optical Calibration Services
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 Market Size Forecast by Applications
9.10.1 Aviation
9.10.2 Automotive
9.10.3 Medical
9.10.4 Environment
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Satellite Quality Monitor
10.6.2 Portable Field Calibrator
10.6.3 Optical Calibration Services
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 Market Size Forecast by Applications
10.10.1 Aviation
10.10.2 Automotive
10.10.3 Medical
10.10.4 Environment
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Satellite Quality Monitor
11.6.2 Portable Field Calibrator
11.6.3 Optical Calibration Services
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 Market Size Forecast by Applications
11.10.1 Aviation
11.10.2 Automotive
11.10.3 Medical
11.10.4 Environment
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Satellite Quality Monitor
12.6.2 Portable Field Calibrator
12.6.3 Optical Calibration Services
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 Market Size Forecast by Applications
12.10.1 Aviation
12.10.2 Automotive
12.10.3 Medical
12.10.4 Environment
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Satellite Quality Monitor
13.6.2 Portable Field Calibrator
13.6.3 Optical Calibration Services
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) Market Size Forecast by Applications
13.10.1 Aviation
13.10.2 Automotive
13.10.3 Medical
13.10.4 Environment
13.10.5 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 Light Source Calibration Services Market: Competitive Dashboard
14.2 Global Light Source Calibration Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gamma Scientific
14.3.2 Oriel Instruments
14.3.3 Labsphere
14.3.4 GMP SA Renens & Fallanden
14.3.5 StellarNet
