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Calibration Equipments Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players - Fluke Corporation, OMEGA, WIKA, GE Druck

02 Jan, 2020 | 121 Pages
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Registering a CAGR of 6.2% over the forecast period, the global Calibration Equipment’s market is anticipated to reach the market value of US$ 227.4 million in the year 2027.



Calibration Equipment’s Market Overview



Calibration in measurement technology is the comparison of measurement values delivered by a device under test with those of a calibration standard of known accuracy. Calibration equipment plays a very crucial role identifying, measuring as well as rectifying the deviation in the performance of measurement and testing instruments. Electrical Calibration Equipment is one of the main types of calibration equipment. It has widespread applications across automotive, industrial, and electronic manufacturing sector among others. Growing demand and focus towards accurate information and data related issues are fueling the growth of electrical calibration equipment market globally. The market for electrical calibration equipment is segmented into by application which includes communication, electronic manufacturing sector, aerospace and defense, automotive, healthcare and industrial among others. Rising demand of equipment for sensing and understanding system designs and measuring the accuracy of the data delivered is one of the major drivers for the electrical calibration equipment market globally. Manufacturing hubs are adopting calibration equipment in order to calibrate their measuring equipment to comply with government regulations which is one of the main drivers for the market across different regions globally.



Industry News and Updates



Omega’s largest acquisition to date was in 2015, when it acquired Aviv REIT for $3.0B. Omega has acquired in 5 different US states, and 2 countries. The Company’s most targeted sectors include real estate (67%) and healthcare services (17%). Omega is a real estate investment trust (REIT) providing financing and capital to the long-term healthcare industry with a particular focus on skilled nursing facilities located in the United States.



ABB, in May 2021, incorporated power supply through Ethernet connectivity onboard the latest edition of its mass flow meter - CoriolisMaster and electromagnetic flow meter - ProcessMaster, opening a new chapter in industrial communication and instrumentation.



What are the major Applications, Types and Regions for Calibration Equipment’s Market?



Market is segmented based on the type, applications, companies and regions.



By Type, Calibration Equipments Market has been segmented into 




  • Industrial

  • Laboratories



The end user’s industry application on Calibration Equipments Market is, 




  • Mechanical Calibration Equipments

  • Electrical Calibration Equipments

  • Physical/Dimensional Calibration Equipments

  • Thermodynamic Calibration Equipments



Calibration Equipment’s Market Regional Analysis



The report offers in-depth assessment of the growth and other aspects of the Calibration Equipment’s Market in important regions, including the 



North America






    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





 Asia-Pacific had the biggest market share, and it is expected to increase at a considerable CAGR over the assessment period in 2020, The expansion of industry in developing countries like China and India is to blame for the region's progress. The established presence of key end-use industries and increased demand for technologically improved calibration equipment are projected to fuel market expansion in the North American region.The production of Calibration equipments mainly distributes in Europe, USA and Japan. Production of Calibration Equipment’s from the three regions contributed about 85% share. Mettler Toledo and Metrohm are the two biggest companies in the market. KEM is the leader in Japan market.At present, this product is mainly used in the fields of food, medicine and petrochemical, of which the petrochemical industry is still the largest downstream and downstream application area. The chemical industry accounted for more than 42% of consumptionAs for demand, survey data showed that Europe, USA and China are the major consumption regions, accounting for 75% of the whole consumption volume in the world.



What is our Calibration Equipment’s Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 6.2% over the forecast period (2022-2027)



By Type




  • Industrial

  • Laboratories



By Application




  • Mechanical Calibration Equipments

  • Electrical Calibration Equipments

  • Physical/Dimensional Calibration Equipments

  • Thermodynamic Calibration Equipments



By Companies



Fluke Corporation, OMEGA, WIKA, GE Druck, Bronkhorst, Ametek, Martel Electronics, CHINO CORPORATION, Extech, Gagemaker, Mountz Incorporated and others.



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



121



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Calibration Equipment Report




  • Evaluate Calibration Equipment’s market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Calibration Equipment’s market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



Frequently Asked Questions



What is the study period of this market?



The Calibration Equipment’s Market is studied from 2017 - 2027.



What is the growth rate of Calibration Equipment’s Market?



The Calibration Equipment’s Market is growing at a CAGR of 6.2% over the next 5 years.



Who are the key players in Calibration Equipment’s Market?



Fluke Corporation, OMEGA, WIKA, GE Druck, Bronkhorst, Ametek, Martel Electronics, CHINO CORPORATION, Extech, Gagemaker, Mountz Incorporated and others.



What regions does this Calibration Equipment’s Market report covers?



North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Glutamines (Gln) Market?



Industrial, Laboratories



What are the major end-use applications of Calibration Equipment’s Market?



Mechanical Calibration Equipments, Electrical Calibration Equipments, Physical/Dimensional Calibration Equipments, Thermodynamic Calibration Equipments



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH

      4. RESEARCH FLOW





  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL CALIBRATION EQUIPMENTS MARKET BY TYPES

    3. GLOBAL CALIBRATION EQUIPMENTS MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR CALIBRATION EQUIPMENTS



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. CALIBRATION EQUIPMENTS GROWTH

      2. APPLICATION OF CALIBRATION EQUIPMENTS



    4. IMPACT OF COVID 19



  5. GLOBAL CALIBRATION EQUIPMENTS MARKET, BY TYPES

    1. Introduction

    2. Industrial

    3. Laboratories

    4. Other            



  6. GLOBAL CALIBRATION EQUIPMENTS MARKET, BY APPLICATION

    1. Introduction

    2. Mechanical Calibration Equipments

    3. Electrical Calibration Equipments

    4. Physical/Dimensional Calibration Equipments

    5. Thermodynamic Calibration Equipments

    6. Others   



  7. GLOBAL CALIBRATION EQUIPMENTS MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. Fluke Corporation,

      2. OMEGA,

      3. WIKA,

      4. GE Druck,

      5. Bronkhorst,

      6. Ametek,

      7. Martel Electronics,

      8. CHINO CORPORATION,

      9. Extech,

      10. Gagemaker,

      11. Mountz Incorporated and others.





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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