New Study Focusing on Calibration Services Market Growth by Emerging Trends Analysis and Forecasts 2020-2025 | GE, Danaher, Siemens, Keysight Technologies

Global Calibration Services Market: Overview

Calibration services are of utmost importance for testing and measuring devices. Such devices need to operate with accuracy and precision. Calibration services are used to record and rectify deviations in the performance of testing and measuring devices from their standard performance. The calibration services market is expected to witness moderate growth over the coming years. Driven by a need for precise and accurate information the calibration services industry has been expanding to encompass industries such as aerospace & defense, semiconductors, power generation, petrochemicals, water, electronics manufacturing, communication, and industrial & automotive.

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Global Calibration Services Market: Growth Factors

Major drivers identified for the growth of the calibration service market are the focus on preventive maintenance, strict government regulations, and increased quality consciousness among consumers. There are also some factors which are putting restraints on the growth of the market such as the lack of skilled workers, high competition due to price sensitivity, and increased complexity of standards. Overall, the calibration service market is expected to witness a moderate growth during the forecast period, primarily due to the increasing adoption of calibration services to operate efficiently with existing or new devices.

Global Calibration Services Market: Segmentation

On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into Mechanical, Electrical, Physical/Dimensional, Thermodynamic. Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including OEMs, In-House Laboratories, Third-Party Services.

Global Calibration Services Market: Regional Analysis

Asia Pacific was a prominent market for Calibration Servicess in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Calibration Services market in Asia Pacific.

There are several manufacturers of Calibration Servicess in Europe and North America. In North America, the demand for Calibration Servicess is primarily driven by the residential sector. Improved standards of living and rising usage of Calibration Servicess for flooring purpose are anticipated to drive the market in North America.

Global Calibration Services Market: Competitive Players

Some of the major players that operate in the Global Calibration Services Market are GE, Danaher, Siemens, Keysight Technologies, Endress+Hauser, Rohde & Schwarz, Micro Precision Calibration, Optical Test and Calibration, Trescal, Transcat.

Latest Industry Updates:

Siemens:- Office buildings have traditionally been passive, with little or no connectivity. That means they are inherently inflexible and unable to adapt. Changing business models and user expectations are driving the need for agile and flexible environments. By 2030, the future work force will be demanding a more productive and flexible work environment that enables activity-based working. Smart offices are the key to meeting these requirements. Through sensors and data analysis, the smart office responds intelligently - it effectively learns from the people working within it, picking up on behavioral patterns and personalizing the environment through immediate actions based on real-time analytics.

Siemens Smart Infrastructure has launched the 'smart building suite' in India that will adapt to user needs, improve employee performance and enable ways to use office space more efficiently and economically. The suite is designed to improve employee productivity through personalization and better employee experience. It is based on digitalization and interactive tools.

The suite includes technologies from Silicon Valley firms Comfy and Enlighted, both acquired by Siemens. Comfy is a workplace experience platform, whilst Enlighted is an IoT platform for smart buildings consisting of multi-function sensors, distributed computing and its own network and software applications. These platforms enable the user to design optimized spaces with enhanced features like, asset utilization, environmental management and safety.

These platforms complement and integrate with existing technologies in the Siemens Smart Infrastructure portfolio, forming a comprehensive offering for smart offices in new and existing buildings. The offering includes Desigo CC, an open building management platform; Desigo Room Automation, a range of building automation systems which integrate HVAC, lighting and shading systems; fire safety and security products and systems; and advisory and performance services. This paves the way for a user-friendly infrastructure interface.

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Global Calibration Services Market: Regional Segment Analysis

North America (U.S. and Canada)

Latin America (Mexico, Brazil, Peru, Chile, and others)

Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)

Eastern Europe (Poland and Russia)

Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)

Middle East and Africa (GCC, Southern Africa, and North Africa)

What Report Provides

Full in-depth analysis of the parent market

Important changes in market dynamics

Segmentation details of the market

Former, on-going, and projected market analysis in terms of volume and value

Assessment of niche industry developments

Market share analysis

Key strategies of major players

Emerging segments and regional markets

Testimonials to companies in order to fortify their foothold in the market.

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Table of Contents:

Global Calibration Services Market Report 2020

1 Calibration Services Definition

2 Global Calibration Services Market Major Player Share and Market Overview

3 Major Player Calibration Services Business Introduction

4 Global Calibration Services Market Segmentation (Region Level)

5 Global Calibration Services Market Segmentation (Product Type Level)

6 Global Calibration Services Market Segmentation (Industry Level)

7 Global Calibration Services Market Segmentation (Channel Level)

8 Calibration Services Market Forecast 2020-2024

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