North America Calibration Services Market Size, Share & Industry Trends Analysis Report By Application, By Service Category, By Proofreading (In-house, Third-party Calibration and Manufacturer's Calibration), By Country and Growth Forecast, 2023 - 2030
The North America Calibration Services Market would witness market growth of 4.5% CAGR during the forecast period (2023-2030).
The need for interoperability testing, rising demand for quality and inspection equipment in precision manufacturing, and strict regulatory standards imposed by governments to ensure product safety and environmental protection have all contributed to the significant growth of the market.
In addition, the growing complexity of technological instruments, the globalization of trade, the emphasis on measurement accuracy for quality control, and the reduction of risk in safety-critical industries are all driving the demand for calibration services. Calibration is one of the most important services throughout aircraft production and maintenance phases. Calibration is undertaken on aircraft to ensure the correctness of the aerodynamics and communication design. Calibration services for pressure, flow, temperature, length, angle, and torque, among others, are required for a safe flight.
The military and defence industry utilizes calibration services for its production divisions, which produce gun barrels, cannons, covers, radar, etc. Testing is essential to guarantee the optimal performance of such equipment. The primary test objects in the military and defence sector are complex components, composite enclosures, control rod ends, skin and edge assemblies, helicopter components, aircraft engine turbine blades, RF materials, straps, and eject handles. Over time, these testing devices require routine calibration services.
Mexico's aerospace industry is relatively young, but it has deep roots. In Baja California, for instance, one company has been in business for over 60 years, and one of its dominant business sectors is aerospace. The aerospace industry in Mexico is an outstanding example of expansion, the attraction of foreign investment, and job creation. Furthermore, Mexico is the seventh-largest global manufacturer of passenger vehicles, producing approximately three million vehicles annually. Ninety percent of Mexican automobiles are exported, with 76 percent destined for the United States. The automotive sector in North America is subject to stringent regulations and quality standards. As these industries evolve, the demand for precise calibration to meet compliance standards will drive the expansion of calibration services.
The US market dominated the North America Calibration Services Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,653.7 million by 2030. The Canada market is experiencing a CAGR of 6.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.9% during (2023 - 2030).
Based on Application, the market is segmented into Industrial & Automation, Electronics, Aerospace & Defense, Communication and Others. Based on Service Category, the market is segmented into Electrical, Mechanical, Dimensional and Thermodynamics. Based on Proofreading, the market is segmented into In-house, Third-party Calibration and Manufacturer's Calibration. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Keysight Technologies, Inc., Hexagon AB, Rohde & Schwarz GmbH & Co. KG, Fortive Corporation (Tektronix, Inc.), Viavi Solutions, Inc., Advantest Corporation, National Instruments Corporation, Anritsu Corporation, Trescal SA (EQT AB) and Omega Engineering, Inc. (Arcline Investment Management)
Scope of the Study
Market Segments covered in the Report:
By Application
- Industrial & Automation
- Electronics
- Aerospace & Defense
- Communication
- Others
By Service Category
- Electrical
- Mechanical
- Dimensional
- Thermodynamics
By Proofreading
- In-house
- Third-party Calibration
- Manufacturer's Calibration
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Keysight Technologies, Inc.
- Hexagon AB
- Rohde & Schwarz GmbH & Co. KG
- Fortive Corporation (Tektronix, Inc.)
- Viavi Solutions, Inc.
- Advantest Corporation
- National Instruments Corporation
- Anritsu Corporation
- Trescal SA (EQT AB)
- Omega Engineering, Inc. (Arcline Investment Management)
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