According to the report, the Calibration Equipment market is expected to grow from USD 372 million in 2019 to USD 575 million by 2026, growing at a CAGR of 6.40% from 2019 to 2026.
Market Overview
The global Calibration Equipment market is estimated to be USD 372 million in 2019 and is expected to reach USD 575 million by 2026, with a CAGR of 6.40% during the forecast period.
The growing demand for equipment for sensing and understanding system designs and measuring the accuracy of the data delivered is one of the major drivers for the calibration equipment market globally.
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.
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Competitive Insights
Key players operating in this market include Fluke Corporation, OMEGA, WIKA, GE Druck, Bronkhorst, Ametek, Martel Electronics, CHINO CORPORATION, Extech, Gagemaker, and Mountz Incorporated.
Regional Insights
Global Calibration Equipment Industry Revenue (Million USD), Market Share (%), Growth Rate (%) by Regions in 2018
Regions |
Revenue (Million USD) |
CAGR 2019-2026(%) |
|
North America · United States · Canada · Mexico |
XXXX |
28.11% |
XXXX% |
Europe · Germany · UK · France · Italy · Nordic Countries · Spain · Belgium · Poland · Russia · Turkey · Others |
XXXX |
20.25% |
XXXX% |
Asia-Pacific · China · Japan · India · South Korea · Australia and New Zealand ASEAN Countries |
XXXX |
42.33% |
XXXX% |
Latin America, Middle East & Africa · GCC Countries · Brazil · Nigeria · South Africa · Argentina · Others |
XXXX |
9.31% |
XXXX% |
Total |
XXXX |
100% |
XXXX% |
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l Mechanical Calibration Equipment
l Electrical Calibration Equipment
l Physical/Dimensional Calibration Equipment
l Thermodynamic Calibration Equipment
Application Insights
l Industrial
l Laboratories
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Audience
l Calibration Equipment manufacturers
l Distributors and resellers of Calibration Equipment
l Calibration Equipment industry associations
l Product managers, Calibration Equipment industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
l Raw material suppliers of Calibration Equipment
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