Market Overview:
The global Protable Multifunction Calibrator 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 third-party service providers, OEMs, and other end users. Additionally, the growing demand for portable multifunction calibrators due to their portability and ease of use is also contributing to the growth of this market.
Product Definition:
A protable multifunction calibrator is a device used to accurately calibrate electronic instruments and devices. It can be used to measure voltage, current, and resistance. The importance of a protable multifunction calibrator is that it allows technicians to quickly and easily calibrate devices in the field, without having to return them to a lab for calibration.
Temperature Calibrator:
The temperature calibrator is a device used to measure and record the temperature of an oven, heat exchanger, or other process instrument. It can be used in several applications such as testing thermometers for accuracy and determining the efficiency of heating systems. The major factor driving market growth includes increasing demand for energy-efficient products coupled with growing concerns regarding food quality & safety across the globe.
Voltage Calibrator:
Voltage calibrator is a device used to measure and record the voltage of an electric circuit. It's major applications include power quality testing, cell phone testing, battery testing and other electronic devices. In portable multifunction calibrators market it’s used for measuring battery capacity, charging rate etc.
Application Insights:
The market is segmented based on application into third-party service providers, OEMs, and others. The other segment includes healthcare facilities, automotive manufacturers and component suppliers among others. The third-party service providers are expected to dominate the global protable multifunction calibrator market owing to the growing demand for M&A activities across various industries such as healthcare, automotive/transportation and electronics among others.
OEMs are majorly concentrated in developed regions with high manufacturing costs such as North America and Europe while other regions including Latin America have low concentration of OEMs due to low production volumes coupled with cheap labor rates which makes it less expensive for end users (third-party service providers) to source locally manufactured products thereby impacting the regional growth negatively.
Regional Analysis:
Europe dominated the global market in 2017. The regional growth is attributed to the presence of numerous OEMs and a large number of service providers in countries, such as Germany, U.K., France, Italy, and Russia. These companies are involved in R&D activities for developing advanced products with enhanced performance characteristics to cater to the growing demand from end-users across Europe region.
The Asia Pacific region is anticipated to witness lucrative CAGR during the forecast period owing to rapid industrialization coupled with increasing government initiatives aimed at promoting manufacturing activities within its borders thereby driving demand for MTC devices used during production processes of semiconductors.
North America accounted for a significant share due to high penetration rates associated with smart meters that use multifunctional calibrators manufactured by ABB Ltd., Johnson Controls International Inc., Honeywell International Inc.
Growth Factors:
- Increasing demand for portable multifunction calibrators in the automotive and aerospace industries due to the need for accurate and reliable calibration of equipment.
- Growing demand from emerging markets such as China and India due to the increasing industrialization and modernization in these countries.
- Rapid technological advancements that are resulting in new product launches, which is driving growth of the portable multifunction calibrator market.
- Rising awareness about the benefits of using portable multifunction calibrators among end users, which is resulting in an increase in adoption rates across various industries. 5) The increasing number of mergers & acquisitions and collaborations between players operating in this market, leading to innovation and development of new products
Scope Of The Report
Report Attributes
Report Details
Report Title
Protable Multifunction Calibrator Market Research Report
By Type
Temperature Calibrator, Voltage Calibrator, Other Calibrator
By Application
Third-party Service Providers, OEMs, Other
By Companies
AMETEK.Inc, GOSSEN METRAWATT GmbH, Additel Corporation, SIKA Dr. Siebert & Kühn GmbH & Co. KG, ForTest Group, TECPEL CO.,LTD, AOIP, TES Electrical Electronic Corp., Time Electronics, OMEGA Engineering, Fluke Corporation, Yokogawa Test & Measurement Corporation, Extech
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Protable Multifunction Calibrator Market Report Segments:
The global Protable Multifunction Calibrator market is segmented on the basis of:
Types
Temperature Calibrator, Voltage Calibrator, Other 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
Third-party Service Providers, OEMs, Other
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:
- AMETEK.Inc
- GOSSEN METRAWATT GmbH
- Additel Corporation
- SIKA Dr. Siebert & Kühn GmbH & Co. KG
- ForTest Group
- TECPEL CO.,LTD
- AOIP
- TES Electrical Electronic Corp.
- Time Electronics
- OMEGA Engineering
- Fluke Corporation
- Yokogawa Test & Measurement Corporation
- Extech
Highlights of The Protable Multifunction Calibrator 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:
- Temperature Calibrator
- Voltage Calibrator
- Other Calibrator
- By Application:
- Third-party Service Providers
- OEMs
- Other
- 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 Protable Multifunction Calibrator 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?
Protable Multifunction Calibrator is a device that can be used to measure the accuracy of a variety of instruments. It includes an oscilloscope, spectrum analyzer, and digital signal processor (DSP) for measuring signals in different frequency ranges.
Some of the key players operating in the protable multifunction calibrator market are AMETEK.Inc, GOSSEN METRAWATT GmbH, Additel Corporation, SIKA Dr. Siebert & K¼hn GmbH & Co. KG, ForTest Group, TECPEL CO.,LTD, AOIP, TES Electrical Electronic Corp., Time Electronics, OMEGA Engineering, Fluke Corporation, Yokogawa Test & Measurement Corporation, Extech.
The protable multifunction calibrator 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 Protable Multifunction Calibrator 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 Protable Multifunction Calibrator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Protable Multifunction Calibrator 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 Protable Multifunction Calibrator 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 Protable Multifunction Calibrator Market Size & Forecast, 2018-2028
4.5.1 Protable Multifunction Calibrator Market Size and Y-o-Y Growth
4.5.2 Protable Multifunction Calibrator Market Absolute $ Opportunity
Chapter 5 Global Protable Multifunction Calibrator 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 Protable Multifunction Calibrator Market Size Forecast by Type
5.2.1 Temperature Calibrator
5.2.2 Voltage Calibrator
5.2.3 Other Calibrator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Protable Multifunction Calibrator 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 Protable Multifunction Calibrator Market Size Forecast by Applications
6.2.1 Third-party Service Providers
6.2.2 OEMs
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Protable Multifunction Calibrator 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 Protable Multifunction Calibrator 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 Protable Multifunction Calibrator Analysis and Forecast
9.1 Introduction
9.2 North America Protable Multifunction Calibrator 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 Protable Multifunction Calibrator Market Size Forecast by Type
9.6.1 Temperature Calibrator
9.6.2 Voltage Calibrator
9.6.3 Other 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 Protable Multifunction Calibrator Market Size Forecast by Applications
9.10.1 Third-party Service Providers
9.10.2 OEMs
9.10.3 Other
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 Protable Multifunction Calibrator Analysis and Forecast
10.1 Introduction
10.2 Europe Protable Multifunction Calibrator 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 Protable Multifunction Calibrator Market Size Forecast by Type
10.6.1 Temperature Calibrator
10.6.2 Voltage Calibrator
10.6.3 Other 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 Protable Multifunction Calibrator Market Size Forecast by Applications
10.10.1 Third-party Service Providers
10.10.2 OEMs
10.10.3 Other
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 Protable Multifunction Calibrator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Protable Multifunction Calibrator 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 Protable Multifunction Calibrator Market Size Forecast by Type
11.6.1 Temperature Calibrator
11.6.2 Voltage Calibrator
11.6.3 Other 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 Protable Multifunction Calibrator Market Size Forecast by Applications
11.10.1 Third-party Service Providers
11.10.2 OEMs
11.10.3 Other
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 Protable Multifunction Calibrator Analysis and Forecast
12.1 Introduction
12.2 Latin America Protable Multifunction Calibrator 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 Protable Multifunction Calibrator Market Size Forecast by Type
12.6.1 Temperature Calibrator
12.6.2 Voltage Calibrator
12.6.3 Other 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 Protable Multifunction Calibrator Market Size Forecast by Applications
12.10.1 Third-party Service Providers
12.10.2 OEMs
12.10.3 Other
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) Protable Multifunction Calibrator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Protable Multifunction Calibrator 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) Protable Multifunction Calibrator Market Size Forecast by Type
13.6.1 Temperature Calibrator
13.6.2 Voltage Calibrator
13.6.3 Other 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) Protable Multifunction Calibrator Market Size Forecast by Applications
13.10.1 Third-party Service Providers
13.10.2 OEMs
13.10.3 Other
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 Protable Multifunction Calibrator Market: Competitive Dashboard
14.2 Global Protable Multifunction Calibrator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AMETEK.Inc
14.3.2 GOSSEN METRAWATT GmbH
14.3.3 Additel Corporation
14.3.4 SIKA Dr. Siebert & Kühn GmbH & Co. KG
14.3.5 ForTest Group
14.3.6 TECPEL CO.,LTD
14.3.7 AOIP
14.3.8 TES Electrical Electronic Corp.
14.3.9 Time Electronics
14.3.10 OMEGA Engineering
14.3.11 Fluke Corporation
14.3.12 Yokogawa Test & Measurement Corporation
14.3.13 Extech
