The global Calibration Equipments market is valued at 358.14 Million USD in 2017 and will reach 482.36 Million USD by the end of 2022, growing at a CAGR of 6.14% during 2017-2022.
Calibration Equipments 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.
Calibration Equipments can be divided into four categories: Mechanical Calibration Equipments type, Electrical Calibration Equipments type, Physical/Dimensional Calibration Equipments type and Thermodynamic Calibration Equipments type. Electrical Calibration Equipments type accounted for the highest proportion in revenue market, with a figure of 44.23% in 2017, followed by Thermodynamic Calibration Equipments type, account for 26.62% and Thermodynamic Calibration Equipments type account for 18.69%.
The sales market share of global Calibration Equipments in Industrial use and Laboratories use have been stable year by year, at 57.89% and 42.11% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Calibration Equipments in the global market tends to be fixed without great changes. Among them, the Calibration Equipments market has the most promising sales prospects in Industrial use.
Radiant Insights center data shows that North America is the biggest contributor to the Calibration Equipments revenue market, accounted for 42.93% of the total global market with a revenue of 153.76 million USD in 2017, followed by Europe, 33.20% with a revenue of 118.90 million USD.
Fluke Corporation is the largest company in the global Calibration Equipments market, accounted for 46.33% of the revenue market share in 2017, followed by OMEGA and WIKA, accounted for 7.86% and 4.52% of the revenue market share in 2017. The Calibration Equipments industry is not concentrated, these manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top six producers account for above 65% of the revenue market.
For forecast, the global Calibration Equipments revenue would keep increasing with annual growth rate with 5~7%. We tend to believe that this industry still has a good future, considering the current demand of Calibration Equipments.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Calibration Equipments in these regions, from 2014 to 2026 (forecast), covering
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
South America (Brazil, Argentina, Columbia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Calibration Equipments market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Mechanical Calibration Equipments
Electrical Calibration Equipments
Physical/Dimensional Calibration Equipments
Thermodynamic Calibration Equipments
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Calibration Equipments for each application, including
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