Global Calibration Equipments Market Growth 2023-2029

Global Calibration Equipments Market Growth 2023-2029

Calibration Equipments market are used to adjust an instrument accuracy, often associated with a specific application: temperature, pressure, weight. The most sophisticated industrial equipment will not be useful unless it is calibrated. Through calibration, adjustments made to a piece of equipment ensure that it performs as expected — that it can be relied on to deliver predictable, accurate results that meet quality standards.

LPI (LP Information)' newest research report, the “Calibration Equipments Industry Forecast” looks at past sales and reviews total world Calibration Equipments sales in 2022, providing a comprehensive analysis by region and market sector of projected Calibration Equipments sales for 2023 through 2029. With Calibration Equipments sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Calibration Equipments industry.

This Insight Report provides a comprehensive analysis of the global Calibration Equipments landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Calibration Equipments portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Calibration Equipments market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Calibration Equipments and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Calibration Equipments.

The global Calibration Equipments market size is projected to grow from US$ 446.3 million in 2022 to US$ 640.2 million in 2029; it is expected to grow at a CAGR of 640.2 from 2023 to 2029.

For industry structure analysis, the Calibration Equipments industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers include Fluke Corporation, OMEGA, WIKA, GE Druck and Bronkhorst, ​account for about 63% of the revenue market. Regionally, North America is the biggest production value area of valves, also the leader in the whole Calibration Equipments industry.

North America occupied 42% of the production market. It is followed by Europe and Asia-Pacific, which respectively account for around 32% and 17% of the global total industry. Other countries have a smaller amount of production. Geographically, North America was the largest consumption market in the world, which took about 35% of the global consumption volume.

This report presents a comprehensive overview, market shares, and growth opportunities of Calibration Equipments market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Mechanical Calibration Equipments
Electrical Calibration Equipments
Physical/Dimensional Calibration Equipments
Thermodynamic Calibration Equipments

Segmentation by application
Industrial
Laboratories

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fluke Corporation
OMEGA
WIKA
GE Druck
Bronkhorst
Ametek
Martel Electronics
CHINO CORPORATION
Extech
Gagemaker
Mountz Incorporated

Key Questions Addressed in this Report

What is the 10-year outlook for the global Calibration Equipments market?

What factors are driving Calibration Equipments market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Calibration Equipments market opportunities vary by end market size?

How does Calibration Equipments break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.