Calibration Services Market by Type (In-House Laboratories, Original Equipment Manufacturer, Third-Party Vendors), Application (Electrical, Mechanical, Physical or Dimensional), Industry - Global Forecast 2024-2030

Calibration Services Market by Type (In-House Laboratories, Original Equipment Manufacturer, Third-Party Vendors), Application (Electrical, Mechanical, Physical or Dimensional), Industry - Global Forecast 2024-2030


The Calibration Services Market size was estimated at USD 6.76 billion in 2023 and expected to reach USD 7.28 billion in 2024, at a CAGR 7.95% to reach USD 11.55 billion by 2030.

Global Calibration Services Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Calibration Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Calibration Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

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..

Market Segmentation & Coverage



This research report categorizes the Calibration Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
In-House Laboratories
Original Equipment Manufacturer
Third-Party Vendors
Application
Electrical
Mechanical
Physical or Dimensional
Thermodynamic
Industry
Aerospace & Defense
Communications
Electronic Manufacturing
Industrial & Automotive
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers 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 of the Calibration Services Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Calibration Services Market?
3. What are the technology trends and regulatory frameworks in the Calibration Services Market?
4. What is the market share of the leading vendors in the Calibration Services Market?
5. Which modes and strategic moves are suitable for entering the Calibration Services Market?

Note: PDF & Excel + Online Access - 1 Year


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 High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
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
FIGURE 1. CALIBRATION SERVICES MARKET RESEARCH PROCESS
FIGURE 2. CALIBRATION SERVICES MARKET SIZE, 2023 VS 2030
FIGURE 3. CALIBRATION SERVICES MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. CALIBRATION SERVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. CALIBRATION SERVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. CALIBRATION SERVICES MARKET DYNAMICS
FIGURE 7. CALIBRATION SERVICES MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. CALIBRATION SERVICES MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. CALIBRATION SERVICES MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 10. CALIBRATION SERVICES MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. CALIBRATION SERVICES MARKET SIZE, BY INDUSTRY, 2023 VS 2030 (%)
FIGURE 12. CALIBRATION SERVICES MARKET SIZE, BY INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS CALIBRATION SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS CALIBRATION SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES CALIBRATION SERVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES CALIBRATION SERVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC CALIBRATION SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC CALIBRATION SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA CALIBRATION SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA CALIBRATION SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. CALIBRATION SERVICES MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. CALIBRATION SERVICES MARKET SHARE, BY KEY PLAYER, 2023

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