Market Overview:
The global handheld calibrators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The handheld calibrators market is segmented on the basis of type, application, and region. On the basis of type, the handheld calibrators market is segmented into thermocouple calibrators, multifunctional process calibrators, current and voltage calibrators. Thermocouple calibration dominates the handheld calibration devices market with a share of more than 50%. Multifunctional process calipers are expected to be fastest growing segment with a CAGR of 6%. On the basis of application, industrial sector dominates with around 60% share in 2017 and it is projected to grow at a CAGR 4%. Calibration laboratories held second largest share in 2017 and it would grow at 5% during forecast period. Other applications such as medical & pharmaceuticals; research institutions; oil & gas; food & beverage etc.
Product Definition:
A handheld calibrator is a small, portable device used to calibrate or measure the accuracy of other devices. They are typically used in manufacturing, laboratory and field settings to ensure that equipment is functioning properly. Handheld calibrators can be used to measure voltage, current, resistance and other parameters.
Thermocouple Calibrators:
A thermocouple is a two-terminal device used for measuring temperature. It consists of an alloy or metal filament that is heated and attached to an insulated housing, which allows the measurement of the heat flow between them. Thermocouples are available in different forms such as thin wires, printed circuit boards with miniature heating elements, and large surface probe types.
Multifunctional Process Calibrators:
Multifunctional process calibrators are used in handheld calibrators market. Handheld calibrator is a device used for measuring the parameters of an optical instrument such as a microscope, spectrophotometer, etc. The most commonly used handheld calibrators are pH meter, barometer and thermometers. These devices help in maintaining the instruments in good working condition by ensuring that they deliver accurate results every time they’re employed.
Application Insights:
The industrial segment dominated the global handheld calibrators market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for highly skilled and specialized workforce across industries such as oil & gas, manufacturing, construction, mining and others. Furthermore, an increase in production units owing to rapid urbanization along with a rise in per capita income has resulted in an increased need for precision instrumentation across various industrial processes. This is anticipated to further drive the product demand over the forecast period.
The other segment includes applications such as research laboratories and calibration facilities that primarily use lab-grade equipment or high-end commercial products intended for professional use by technicians with advanced training and skillset who work on complex projects or machinery handling sensitive materials at a plant or location where there is no access to a laboratory environment. Such factors are expected to contribute towards higher product penetration compared with industrial applications over the forecast period thereby driving its overall market growth during this timeframe.
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 R&D activities and technological advancements in industrial, medical, and automotive sectors. Moreover, government initiatives for energy-efficiency improvement are also anticipated to drive product demand over the next eight years.
Asia Pacific is expected to witness significant growth during the forecast period owing to rising demand from various end-use industries such as electrical & electronics, manufacturing & process industries, automotive sector especially China.
Growth Factors:
- Increasing demand for handheld calibrators in the process industries
- Growing popularity of handheld calibrators among calibration service providers
- Rising demand for portable and lightweight handheld calibrators
- Proliferation of handheld calibrators with advanced features and capabilities
- Increasing adoption of handheld calibrators in emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Handheld Calibrators Market Research Report
By Type
Thermocouple Calibrators, Multifunctional Process Calibrators, Current and Voltage Calibrators
By Application
Industrial, Calibration Laboratories, Others
By Companies
Ashcroft, Wika Instrumentation, OMEGA Engineering, Ametek, Fluke, Extech Instruments, CEM Instruments, DJB 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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Handheld Calibrators Market Report Segments:
The global Handheld Calibrators market is segmented on the basis of:
Types
Thermocouple Calibrators, Multifunctional Process Calibrators, Current and Voltage Calibrators
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, Calibration Laboratories, 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:
- Ashcroft
- Wika Instrumentation
- OMEGA Engineering
- Ametek
- Fluke
- Extech Instruments
- CEM Instruments
- DJB Instruments
Highlights of The Handheld 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:
- Thermocouple Calibrators
- Multifunctional Process Calibrators
- Current and Voltage Calibrators
- By Application:
- Industrial
- Calibration Laboratories
- 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 Handheld 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
Handheld calibrators are devices that allow users to calibrate their equipment using a known reference. This is important for ensuring accurate measurements and avoiding potential inaccuracies.
Some of the major players in the handheld calibrators market are Ashcroft, Wika Instrumentation, OMEGA Engineering, Ametek, Fluke, Extech Instruments, CEM Instruments, DJB Instruments.
The handheld calibrators market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Handheld Calibrators Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Handheld Calibrators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Handheld Calibrators Market - Supply Chain
4.5. Global Handheld Calibrators Market Forecast
4.5.1. Handheld Calibrators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Handheld Calibrators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Handheld Calibrators Market Absolute $ Opportunity
5. Global Handheld Calibrators Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Handheld Calibrators Market Size and Volume Forecast by Type
5.3.1. Thermocouple Calibrators
5.3.2. Multifunctional Process Calibrators
5.3.3. Current and Voltage Calibrators
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Handheld Calibrators Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Handheld Calibrators Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Calibration Laboratories
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Handheld Calibrators Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Handheld Calibrators Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Handheld Calibrators Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Handheld Calibrators Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Handheld Calibrators Demand Share Forecast, 2019-2026
9. North America Handheld Calibrators Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Handheld Calibrators Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Handheld Calibrators Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Calibration Laboratories
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Handheld Calibrators Market Size and Volume Forecast by Type
9.7.1. Thermocouple Calibrators
9.7.2. Multifunctional Process Calibrators
9.7.3. Current and Voltage Calibrators
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Handheld Calibrators Demand Share Forecast, 2019-2026
10. Latin America Handheld Calibrators Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Handheld Calibrators Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Handheld Calibrators Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Calibration Laboratories
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Handheld Calibrators Market Size and Volume Forecast by Type
10.7.1. Thermocouple Calibrators
10.7.2. Multifunctional Process Calibrators
10.7.3. Current and Voltage Calibrators
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Handheld Calibrators Demand Share Forecast, 2019-2026
11. Europe Handheld Calibrators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Handheld Calibrators Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Handheld Calibrators Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Calibration Laboratories
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Handheld Calibrators Market Size and Volume Forecast by Type
11.7.1. Thermocouple Calibrators
11.7.2. Multifunctional Process Calibrators
11.7.3. Current and Voltage Calibrators
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Handheld Calibrators Demand Share, 2019-2026
12. Asia Pacific Handheld Calibrators Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Handheld Calibrators Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Handheld Calibrators Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Calibration Laboratories
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Handheld Calibrators Market Size and Volume Forecast by Type
12.7.1. Thermocouple Calibrators
12.7.2. Multifunctional Process Calibrators
12.7.3. Current and Voltage Calibrators
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Handheld Calibrators Demand Share, 2019-2026
13. Middle East & Africa Handheld Calibrators Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Handheld Calibrators Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Handheld Calibrators Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Calibration Laboratories
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Handheld Calibrators Market Size and Volume Forecast by Type
13.7.1. Thermocouple Calibrators
13.7.2. Multifunctional Process Calibrators
13.7.3. Current and Voltage Calibrators
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Handheld Calibrators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Handheld Calibrators Market: Market Share Analysis
14.2. Handheld Calibrators Distributors and Customers
14.3. Handheld Calibrators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ashcroft
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Wika Instrumentation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. OMEGA Engineering
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ametek
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fluke
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Extech Instruments
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CEM Instruments
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DJB Instruments
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
