Market Overview:
The global mechanical 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 services from industrial and laboratory applications. Additionally, the growing adoption of portable and mobile type mechanical calibration equipments is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing these equipment may restrain the growth of this market to some extent during the forecast period. On basis on type, mobile type mechanical calibration equipments are expected to witness higher demand than portable type equipment during the forecast period from 2018-2030 owing their ability for easy transportation and deployment at various locations as per requirement.
Product Definition:
Mechanical calibration equipment is used to calibrate or test the accuracy of measurement instruments. The importance of using mechanical calibration equipment is that it allows for more accurate measurements and helps to ensure that instruments are functioning properly.
Mobile Type:
Mobile type is a system used to measure the length of a single element or multiple elements in mechanical systems. It’s major application areas are found in the automotive, food & beverage and pharmaceutical industries. In these industries, it’s used for measuring stroke lengths of piston engines and valves as well as other machine components that move within a frame work.
Portable Type:
The portable type is used to measure the force, torque, speed and other physical parameters of various machine tools. The most commonly used portable types are Torque Measurement Instruments (TMI) and Speed Measuring Instruments (SMI).
Portable Type Market by Application, 2014 - 2020 -> The global Portable Type market was valued at USD 1.6 billion in 2013 and is expected to grow at a CAGR of XX% from 2014 to 2020.
Application Insights:
The industrial segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The use of mechanical calibration equipment in industries including chemical, petroleum, medical and food is necessary to maintain accurate measurements. These devices help maintain production lines smooth by ensuring that all processes are performed correctly.
Mechanical equipment used in laboratories includes balances for weighing samples or materials as well as measuring instruments for volume or mass determination. These devices are essential for chemistry sets, research activities and other laboratory applications across schools and colleges. Portable types of these devices can be taken from one place to another depending on the requirement such as large area measurement or continuous operation without any human intervention required which makes it more suitable for laboratories compared with other application segments 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 government funding for research and development activities, technological advancements, and high demand for precision equipment in various industries such as aerospace & defense, automotive & transportation, energy & power generation sectors of North America countries such as U.S., Canada, and Mexico.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising investments by governments of various countries including China and India toward industrialization along with implementation of new policies aimed at boosting manufacturing sector within their respective nations will drive regional market growth over the next eight years (2018-2030). In addition there are several ongoing projects that involve use of mechanical calibration equipment which will further boost regional product demand during the same period (2018-2030).
Growth Factors:
- Increasing demand for precision and accuracy in manufacturing and production processes
- Growing awareness about the benefits of mechanical calibration equipments among industrialists
- Rising investments in research and development by equipment manufacturers to develop new products
- Proliferation of automated systems across various industries
- Increasing number of calibration service providers
Scope Of The Report
Report Attributes
Report Details
Report Title
Mechanical Calibration Equipments Market Research Report
By Type
Mobile Type, Portable Type
By Application
Industrial, Laboratories
By Companies
Fluke Corporation, OMEGA, WIKA, GE Druck, Bronkhorst, Ametek, Martel Electronics, CHINO CORPORATION, Extech, Gagemaker, Fluke Corporation
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Mechanical Calibration Equipments Market Report Segments:
The global Mechanical Calibration Equipments market is segmented on the basis of:
Types
Mobile Type, Portable Type
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
- Fluke Corporation
Highlights of The Mechanical 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:
- Mobile Type
- Portable Type
- 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 Mechanical 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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- 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?
Mechanical calibration equipment is used to measure the accuracy of a machine or instrument. It includes devices that use physical principles to determine the position and movement of parts within a machine, or to correct for errors in readings from sensors.
Some of the major players in the mechanical calibration equipments market are Fluke Corporation, OMEGA, WIKA, GE Druck, Bronkhorst, Ametek, Martel Electronics, CHINO CORPORATION, Extech, Gagemaker, Fluke Corporation.
The mechanical calibration equipments market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mechanical Calibration Equipments 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 Mechanical Calibration Equipments Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mechanical Calibration Equipments 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 Mechanical Calibration Equipments 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 Mechanical Calibration Equipments Market Size & Forecast, 2018-2028
4.5.1 Mechanical Calibration Equipments Market Size and Y-o-Y Growth
4.5.2 Mechanical Calibration Equipments Market Absolute $ Opportunity
Chapter 5 Global Mechanical Calibration Equipments 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 Mechanical Calibration Equipments Market Size Forecast by Type
5.2.1 Mobile Type
5.2.2 Portable Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Mechanical Calibration Equipments 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 Mechanical Calibration Equipments Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Laboratories
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mechanical Calibration Equipments 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 Mechanical Calibration Equipments 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 Mechanical Calibration Equipments Analysis and Forecast
9.1 Introduction
9.2 North America Mechanical Calibration Equipments 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 Mechanical Calibration Equipments Market Size Forecast by Type
9.6.1 Mobile Type
9.6.2 Portable Type
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 Mechanical Calibration Equipments Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Laboratories
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 Mechanical Calibration Equipments Analysis and Forecast
10.1 Introduction
10.2 Europe Mechanical Calibration Equipments 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 Mechanical Calibration Equipments Market Size Forecast by Type
10.6.1 Mobile Type
10.6.2 Portable Type
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 Mechanical Calibration Equipments Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Laboratories
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 Mechanical Calibration Equipments Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Mechanical Calibration Equipments 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 Mechanical Calibration Equipments Market Size Forecast by Type
11.6.1 Mobile Type
11.6.2 Portable Type
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 Mechanical Calibration Equipments Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Laboratories
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 Mechanical Calibration Equipments Analysis and Forecast
12.1 Introduction
12.2 Latin America Mechanical Calibration Equipments 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 Mechanical Calibration Equipments Market Size Forecast by Type
12.6.1 Mobile Type
12.6.2 Portable Type
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 Mechanical Calibration Equipments Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Laboratories
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) Mechanical Calibration Equipments Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Mechanical Calibration Equipments 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) Mechanical Calibration Equipments Market Size Forecast by Type
13.6.1 Mobile Type
13.6.2 Portable Type
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) Mechanical Calibration Equipments Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Laboratories
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 Mechanical Calibration Equipments Market: Competitive Dashboard
14.2 Global Mechanical Calibration Equipments Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fluke Corporation
14.3.2 OMEGA
14.3.3 WIKA
14.3.4 GE Druck
14.3.5 Bronkhorst
14.3.6 Ametek
14.3.7 Martel Electronics
14.3.8 CHINO CORPORATION
14.3.9 Extech
14.3.10 Gagemaker
14.3.11 Fluke Corporation
