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Global Torque Calibration Services Market 2018-2022

Global Torque Calibration Services Market 2018-2022

About Torque Calibration Services

Torque calibration is a service provided to configure the torque using machines and instruments in accordance with pre-defined standards. In the process of correcting torque-measuring devices and is carried out on newly manufactured as well as pre-owned machines.

Technavio’s analysts forecast the Global Torque Calibration Services Market to grow at a CAGR of 3.48% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global torque calibration services market. To calculate the market size, the report considers the revenue generated from the adoption of calibration services in both discrete and process industries.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, global torque calibration services market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Endress+Hauser
  • Exova
  • Fortive
  • General Electric
  • Siemens
Market driver
  • Increasing demand for specialized technical services
  • For a full, detailed list, view our report
Market challenge
  • Need to meet minimum lead time criteria
  • For a full, detailed list, view our report
Market trend
  • Service contract support from vendors
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Torque Calibration Services Market 2018-2022

Technavio recognizes the following companies as the key players in the global torque calibration services market: Endress+Hauser, Exova, Fortive, General Electric, and Siemens.

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the availability of one-stop window for services.” One-stop window for all solutions or a common platform for all solution aids in dealing with all torque calibration-related issues.

According to the report, one driver influencing this market is the increasing demand for specialized technical services. This is to enhance the quality of measurements obtained by torque measuring instruments.

Further, the report states that one challenge affecting this market is the high competition and low product differentiation. Torque calibration service providers are facing a major challenge in terms differentiating their service offerings against the other market participants, leading to intense competition.

Companies Mentioned

Endress+Hauser

Exova

Fortive

General Electric

Siemens

Transcat

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global field devices calibration services market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global torque calibration services - Market size and forecast 2017-2022 ($ mn)
      • Table Global torque calibration services market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • New installation services - Market size and forecast 2017-2022
      • Table New installation services - Market size and forecast 2017-2022 ($ mn)
      • Table New installation services - Year-over-year growth 2018-2022 (%)
    • After-sales services - Market size and forecast 2017-2022
      • Table After-sales services - Market size and forecast 2017-2022 ($ mn)
      • Table After-sales services - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Process industries - Market size and forecast 2017-2022
      • Table Process industries - Market size and forecast 2017-2022 ($ mn)
      • Table Process industries - Year-over-year growth 2018-2022 (%)
    • Discrete industries - Market size and forecast 2017-2022
      • Table Discrete industries - Market size and forecast 2017-2022 ($ mn)
      • Table Discrete industries - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • One-stop window for services
    • Service contract support from vendors
    • Growing awareness of preventive maintenance
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Endress+Hauser
      • Table Endress+Hauser - Overview
      • Table Endress+Hauser - Business segments
      • Table Endress+Hauser - Organizational developments
      • Table Endress+Hauser - Geographic focus
      • Table Endress+Hauser- Key offerings
    • Exova
      • Table Exova - Overview
      • Table Exova - Business segments
      • Table Exova - Organizational developments
      • Table Exova - Geographic focus
      • Table Exova - Segment focus
      • Table Exova - Key offerings
    • Fortive
      • Table Fortive - Overview
      • Table Fortive - Business segments
      • Table Fortive - Organizational developments
      • Table Fortive - Geographic focus
      • Table Fortive - Segment focus
      • Table Fortive - Key offerings
    • General Electric
      • Table General Electric - Overview
      • Table General Electric - Business segments
      • Table General Electric- Organizational developments
      • Table General Electric - Geographic focus
      • Table General Electric - Segment focus
      • Table GE - Key offerings
    • Siemens
      • Table Siemens - Overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
    • Transcat
      • Table Transcat - Overview
      • Table Transcat - Business segments
      • Table Transcat - Organizational developments
      • Table Transcat - Geographic focus
      • Table Transcat - Segment focus
      • Table Transcat - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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