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Calibration Services Market by Type (In-House Laboratories, Original Equipment Manufacturer, Third-Party Vendors), Application (Electrical, Mechanical, Physical or Dimensional), Industry - Global Forecast 2023-2030

Publisher 360iResearch
Published Oct 05, 2023
Length 191 Pages
SKU # IRE18313622

Description

Calibration Services Market by Type (In-House Laboratories, Original Equipment Manufacturer, Third-Party Vendors), Application (Electrical, Mechanical, Physical or Dimensional), Industry - Global Forecast 2023-2030


The Calibration Services Market is projected to reach USD 11.55 billion by 2030 from USD 6.29 billion in 2022, at a CAGR of 7.88% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Calibration Services Market.
  • Based on Type, market is studied across In-House Laboratories, Original Equipment Manufacturer, and Third-Party Vendors. The Original Equipment Manufacturer is projected to witness significant market share during forecast period.
  • Based on Application, market is studied across Electrical, Mechanical, Physical or Dimensional, and Thermodynamic. The Mechanical is projected to witness significant market share during forecast period.
  • Based on Industry, market is studied across Aerospace & Defense, Communications, Electronic Manufacturing, and Industrial & Automotive. The Communications is projected to witness significant market share during forecast period.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Calibration Services Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Calibration Services Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Calibration Services Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Agilent Technologies Inc., Brüel & Kjær Sound & Vibration Instrument by HBK Company, Custom Calibration Inc., Danaher Corporation, Electrical Test Instruments, LLC, Endress+Hauser AG, ESSCO Calibration Laboratory by Walsh Engineering Services, Inc., Fluke Corporation, General Electric Company, GMS Instruments BV, Godrej & Boyce Mfg. Co. Ltd., Intertek Group plc, Keysight Technologies Inc., Micro Precision Calibration Inc., MTS Systems Corporation by Illinois Tool Works Inc., Optical Test and Calibration Ltd., Process Measurement Company, Rohde & Schwarz GmbH & Co KG, Siemens AG, Simco Electronics, SKF Group, Strainsert, Inc., Sulzer AG, TASI Group, Technical Maintenance Inc., Tektronix Inc., Tradinco Instruments, Transcat Inc., and Trescal Holdings Inc..

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Calibration Services Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Calibration Services Market?
  3. What is the competitive strategic window for identifying opportunities in the Calibration Services Market?
  4. What are the latest technology trends and regulatory frameworks in the Calibration Services Market?
  5. What is the market share of the leading vendors in the Calibration Services Market?
  6. Which modes and strategic moves are suitable for entering the Calibration Services Market?


Note: PDF & Excel + Online Access - 1 Year

Table of Contents

191 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Calibration Services Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rapid industrialization, along with the increasing requirement for testing and measuring devices
5.1.1.2. Increased requirement for accurate information and stringent government regulations
5.1.1.3. Increased stress on preventive maintenance of instruments by industries
5.1.2. Restraints
5.1.2.1. High competition due to increased price sensitivity
5.1.3. Opportunities
5.1.3.1. Emerging end-user industries such as medical devices manufacturing & power generation
5.1.3.2. Tapping into large in-house calibration laboratories
5.1.4. Challenges
5.1.4.1. Built-in self-calibration feature of electrical & electronic instrument
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Calibration Services Market, by Type
6.1. Introduction
6.2. In-House Laboratories
6.3. Original Equipment Manufacturer
6.4. Third-Party Vendors
7. Calibration Services Market, by Application
7.1. Introduction
7.2. Electrical
7.3. Mechanical
7.4. Physical or Dimensional
7.5. Thermodynamic
8. Calibration Services Market, by Industry
8.1. Introduction
8.2. Aerospace & Defense
8.3. Communications
8.4. Electronic Manufacturing
8.5. Industrial & Automotive
9. Americas Calibration Services Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Calibration Services Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Calibration Services Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. ABB Ltd.
13.1.2. Agilent Technologies Inc.
13.1.3. Brüel & Kjær Sound & Vibration Instrument by HBK Company
13.1.4. Custom Calibration Inc.
13.1.5. Danaher Corporation
13.1.6. Electrical Test Instruments, LLC
13.1.7. Endress+Hauser AG
13.1.8. ESSCO Calibration Laboratory by Walsh Engineering Services, Inc.
13.1.9. Fluke Corporation
13.1.10. General Electric Company
13.1.11. GMS Instruments BV
13.1.12. Godrej & Boyce Mfg. Co. Ltd.
13.1.13. Intertek Group plc
13.1.14. Keysight Technologies Inc.
13.1.15. Micro Precision Calibration Inc.
13.1.16. MTS Systems Corporation by Illinois Tool Works Inc.
13.1.17. Optical Test and Calibration Ltd.
13.1.18. Process Measurement Company
13.1.19. Rohde & Schwarz GmbH & Co KG
13.1.20. Siemens AG
13.1.21. Simco Electronics
13.1.22. SKF Group
13.1.23. Strainsert, Inc.
13.1.24. Sulzer AG
13.1.25. TASI Group
13.1.26. Technical Maintenance Inc.
13.1.27. Tektronix Inc.
13.1.28. Tradinco Instruments
13.1.29. Transcat Inc.
13.1.30. Trescal Holdings Inc.
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing

Pricing

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