Calibrators Trends and Forecast
The future of the global calibrators market looks promising with opportunities in the industrial, electrical & electronics, process industry/process control, power industry, auxiliary manufacturing, and laboratory markets. The global calibrators market is expected to reach an estimated $1.3 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are increasing the use of calibrators in the semiconductor and electronics sectors will help the market expand, raising consciousness of the precision of measurements, and requirement for multifunctional calibrators and increasing technological advancements.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Calibrators by Segment
The study includes a forecast for the global calibrators by current type, sales channel, end use industry, and region
Calibrators Market by Current Type [Shipment Analysis by Value from 2018 to 2030]:
• AC
• Single Phase
• Handheld
• Stationary
• Three Phase
• Handheld
• Stationary
• DC
Calibrators Market by Sales Channel [Shipment Analysis by Value from 2018 to 2030]:
• Online Sales
• Offline Sales
Calibrators Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Industrial
• Electrical & Electronics
• Process Industry/Process Control
• Power Industry
• Auxiliary Manufacturing
• Laboratory
Calibrators Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Calibrators Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies calibrators companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the calibrators companies profiled in this report include-
• Fluke Calibration
• Keysight Technologies
• Beamex
• Wika
• Ametek
• Omega Engineering
• Megger
• Yokogawa Test & Measurement Corporation
• Abb
• Time Electronics
Calibrators Market Insights
Lucintel forecast that AC is expected to witness highest growth over the forecast period due to increasing use of AC portable pressure calibrators in labs and production lines.
Within this market, industrial segment will remain the largest segment due to rapid development of several industrial sectors.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Calibrators Market
Market Size Estimates: Calibrators market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Calibrators market size by current type, sales channel, end use industry, and region in terms of value ($B).
Regional Analysis: Calibrators market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different current type, sales channel, end use industry, and regions for the calibrators market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the calibrators market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the calibrators market size?
Answer: The global calibrators market is expected to reach an estimated $1.3 billion by 2030.
Q.2 What is the growth forecast for calibrators market?
Answer: The global calibrators market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the calibrators market?
Answer: The major drivers for this market are increasing the use of calibrators in the semiconductor and electronics sectors will help the market expand, raising consciousness of the precision of measurements, and requirement for multifunctional calibrators and increasing technological advancements.
Q4. What are the major segments for calibrators market?
Answer: The future of the calibrators market looks promising with opportunities in the industrial, electrical & electronics, process industry/process control, power industry, auxiliary manufacturing, and laboratory markets.
Q5. Who are the key calibrators market companies?
Answer: Some of the key calibrators companies are as follows:
• Fluke Calibration
• Keysight Technologies
• Beamex
• WIKA
• AMETEK
• OMEGA Engineering
• Megger
• Yokogawa Test & Measurement Corporation
• ABB
• Time Electronics
Q6. Which calibrators market segment will be the largest in future?
Answer: Lucintel forecast that AC is expected to witness highest growth over the forecast period due to increasing use of AC portable pressure calibrators in labs and production lines.
Q7. In calibrators market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the calibrators market by current type (AC, single phase, handheld,stationary, three phase, handheld, stationary, and DC), sales channel (online sales and offline sales), end use industry (industrial, electrical & electronics, process industry/process control, power industry, auxiliary manufacturing, and laboratory), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Calibrators Market, Calibrators Market Size, Calibrators Market Growth, Calibrators Market Analysis, Calibrators Market Report, Calibrators Market Share, Calibrators Market Trends, Calibrators Market Forecast, Calibrators Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.