Market Overview:
The global thermocouple 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 across various industries and the growing adoption of thermocouple calibrators in HVAC applications. Based on type, the global thermocouple calibrators market can be segmented into input mode and output mode. The input mode segment is further sub-segmented into two types, namely manual input and automatic input. The output mode segment is further sub-segmented into three types, namely digital output, analog output, and pulse output. Based on application, the global thermocouple calibrators market can be divided into calibration laboratories, engineering research institutions, manufacturing and test engineering companies, and HVAC applications. Regionally speaking North America dominates the global thermocouple calibrator market followed by Europe owing to high demand for calibration services from various industrial sectors in these regions respectively . Asia Pacific is anticipated to witness highest growth rate over next few years due rising number of industrial investments in countries such as China & India .
Product Definition:
Thermocouple calibrators are devices used to measure the output voltage of a thermocouple. This voltage can then be used to calibrate or adjust the reading on a thermometer or other device that uses a thermocouple as its input. Thermocouple calibrators are important because they allow users to ensure that their devices are reading temperatures accurately.
Input Mode:
The global input mode, usage and growth factor in the thermocouple calibrators market is analyzed by IRT analysis with the help of GVR analysis. The study includes a competitive landscape of the input mode, product benchmarking and an analysis on industry trends in each of the sub-segments from 2014 to 2025.
Output Mode:
The output mode is used to convert the sensor's temperature into an electric signal. It can be used in thermocouple calibrators for accurate measurement of temperature. The most commonly used output modes are resistive, infrared, and semiconductor.
Different types of sensors have different capabilities to measure temperature; for example, a thermopile has three terminals that can give out heat at different temperatures (Kelvin degrees).
Application Insights:
The manufacturing and test engineering segment dominated the global thermocouple calibrators market in terms of revenue share in 2017. This is attributed to the rising demand for high-precision temperature measurement devices from various industries such as automotive, medical, aerospace and defense among others. The HVAC applications are expected to witness significant growth over the forecast period owing to its wide application scope including process control, building management systems, energy management systems and environmental monitoring systems.
The process control segment is also anticipated to witness considerable growth over the forecast period due largelyto its increasing use in industrial processes such as fermentation tanks where it is used for monitoring temperature controlling processes along with providing data on tank conditions like volume or pressure etc., which can be utilized by controllers for improving efficiency of production lines or processing procedures at a lower cost.
Regional Analysis:
North America dominated the global thermocouple calibrators market in 2017. The region is expected to maintain its position during the forecast period. North America has a well-established infrastructure for engineering research, manufacturing and test (ERMT) facilities that use temperature sensors for various applications including industrial, chemical, petrochemical and HVAC industries. ERMT sector is anticipated to witness significant growth owing to increasing government investments in R&D activities pertaining to energy efficiency of buildings as well as vehicles.
Asia Pacific regional market captured a revenue share of over 15% in 2017 owing to rapid industrialization coupled with expanding oil & gas industry base across countries such as China, India and Japan are some of the major factors driving this regional market forward during the same year.
Growth Factors:
- Increasing demand from the end-user industries for accurate and precise temperature measurements
- Growing awareness about the benefits of using calibrated thermocouples
- Technological advancements in calibrators that offer enhanced accuracy and precision
- Rising demand for portable calibrators due to their ease of use and portability
- Increasing number of calibration laboratories across the globe
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermocouple Calibrators Market Research Report
By Type
Input Mode, Output Mode
By Application
Calibration Laboratories, Engineering Research, Manufacturing and Test Engineering, HVAC Applications
By Companies
Extech Instruments, Fluke, OMEGA Engineering, Practical Instrument Electronics (PIE), Martel Electronics, Yokogawa Electric, TMS, ...
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Thermocouple Calibrators Market Report Segments:
The global Thermocouple Calibrators market is segmented on the basis of:
Types
Input Mode, Output Mode
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
Calibration Laboratories, Engineering Research, Manufacturing and Test Engineering, HVAC Applications
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:
- Extech Instruments
- Fluke
- OMEGA Engineering
- Practical Instrument Electronics (PIE)
- Martel Electronics
- Yokogawa Electric
- TMS
- ...
Highlights of The Thermocouple 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:
- Input Mode
- Output Mode
- By Application:
- Calibration Laboratories
- Engineering Research
- Manufacturing and Test Engineering
- HVAC Applications
- 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 Thermocouple 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?
Thermocouple calibrators are used to adjust the temperature of a thermometer or other measuring instrument.
Some of the major players in the thermocouple calibrators market are Extech Instruments, Fluke, OMEGA Engineering, Practical Instrument Electronics (PIE), Martel Electronics, Yokogawa Electric, TMS.
The thermocouple 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. Thermocouple 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. Thermocouple Calibrators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermocouple Calibrators Market - Supply Chain
4.5. Global Thermocouple Calibrators Market Forecast
4.5.1. Thermocouple Calibrators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermocouple Calibrators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermocouple Calibrators Market Absolute $ Opportunity
5. Global Thermocouple 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. Thermocouple Calibrators Market Size and Volume Forecast by Type
5.3.1. Input Mode
5.3.2. Output Mode
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermocouple 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. Thermocouple Calibrators Market Size and Volume Forecast by Application
6.3.1. Calibration Laboratories
6.3.2. Engineering Research
6.3.3. Manufacturing and Test Engineering
6.3.4. HVAC Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermocouple 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. Thermocouple 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 Thermocouple 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. Thermocouple 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 Thermocouple Calibrators Demand Share Forecast, 2019-2029
9. North America Thermocouple 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 Thermocouple 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 Thermocouple Calibrators Market Size and Volume Forecast by Application
9.4.1. Calibration Laboratories
9.4.2. Engineering Research
9.4.3. Manufacturing and Test Engineering
9.4.4. HVAC Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermocouple Calibrators Market Size and Volume Forecast by Type
9.7.1. Input Mode
9.7.2. Output Mode
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 Thermocouple Calibrators Demand Share Forecast, 2019-2029
10. Latin America Thermocouple 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 Thermocouple 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 Thermocouple Calibrators Market Size and Volume Forecast by Application
10.4.1. Calibration Laboratories
10.4.2. Engineering Research
10.4.3. Manufacturing and Test Engineering
10.4.4. HVAC Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermocouple Calibrators Market Size and Volume Forecast by Type
10.7.1. Input Mode
10.7.2. Output Mode
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 Thermocouple Calibrators Demand Share Forecast, 2019-2029
11. Europe Thermocouple 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 Thermocouple 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 Thermocouple Calibrators Market Size and Volume Forecast by Application
11.4.1. Calibration Laboratories
11.4.2. Engineering Research
11.4.3. Manufacturing and Test Engineering
11.4.4. HVAC Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermocouple Calibrators Market Size and Volume Forecast by Type
11.7.1. Input Mode
11.7.2. Output Mode
11.8. Bass 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 Thermocouple Calibrators Demand Share, 2019-2029
12. Asia Pacific Thermocouple 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 Thermocouple 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 Thermocouple Calibrators Market Size and Volume Forecast by Application
12.4.1. Calibration Laboratories
12.4.2. Engineering Research
12.4.3. Manufacturing and Test Engineering
12.4.4. HVAC Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermocouple Calibrators Market Size and Volume Forecast by Type
12.7.1. Input Mode
12.7.2. Output Mode
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 Thermocouple Calibrators Demand Share, 2019-2029
13. Middle East & Africa Thermocouple 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 Thermocouple 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 Thermocouple Calibrators Market Size and Volume Forecast by Application
13.4.1. Calibration Laboratories
13.4.2. Engineering Research
13.4.3. Manufacturing and Test Engineering
13.4.4. HVAC Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermocouple Calibrators Market Size and Volume Forecast by Type
13.7.1. Input Mode
13.7.2. Output Mode
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 Thermocouple Calibrators Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Thermocouple Calibrators Market: Market Share Analysis
14.2. Thermocouple Calibrators Distributors and Customers
14.3. Thermocouple Calibrators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Extech Instruments
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fluke
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. Practical Instrument Electronics (PIE)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Martel Electronics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yokogawa Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TMS
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ...
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
