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Calibration Services Market 2023 Analysis By Top Key Players - ABB Ltd., Agilent Technologies Inc., Endress+Hauser AG, Keysight Technologies Inc.

12-29-2022 07:20 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Calibration Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Calibration Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

According to IMARC Group latest published report, titled "Calibration Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," that the global calibration services market size reached US$ 5.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.

Calibration services refer to the detection of deviations and inaccuracies in any mechanical instrument or its parts. The process involves comparing the readings of equipment under test (EUT) to a known measurement or standard instrument. It is performed at regular intervals to identify potential faults in an instrument and ensure optimal performance to increase output and reduce downtime.

Covid-19 Scenario:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Download a free sample report to get a detailed overview of the report: https://www.imarcgroup.com/calibration-services-market/requestsample

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., Agilent Technologies Inc., Endress+Hauser AG, Keysight Technologies Inc., Micro Precision Calibration Inc., Optical Test and Calibration Ltd., Rohde & Schwarz GmbH & Co KG, Siemens Aktiengesellschaft, Simco Electronics, Sulzer AG, Tradinco Instruments, Transcat Inc. and Trescal Holdings Inc.

Calibration Services Market Trends:

The growing awareness about the quality and preventive maintenance of machinery is the primary factor driving the market. Additionally, the rising adoption of calibration services by organizations for in-house standardization of instruments and by original equipment manufacturers for ensuring product efficiency is acting as another growth-inducing factor.

Furthermore, technological advancements have led to the increasing application of calibration services for mechanical, electrical, physical and thermodynamic calibration of devices or components across automotive, electronics, aerospace and defense industries. Other factors, including rapid industrialization and extensive research and development (R&D) activities, are also anticipated to propel the market growth

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/calibration-services-market

The report has segmented on the basis of Service Type, Calibration Type, end-use Industry and geography.

Breakup by Service Type:

In-House
OEMs
Third-Party Service

Breakup by Calibration Type:

Electrical
Mechanical
Thermodynamic
Physical/Dimensional
Others

Breakup by End Use Industry:

Electronics Manufacturing
Communication
Aerospace and Defense
Automotive
Others

Breakup by Region:

North America
Asia Pacific
Europe
Latin America

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse related reports:

Cable Accessories Market: https://www.imarcgroup.com/cable-accessories-market

Ball Bearing Market: https://www.imarcgroup.com/ball-bearing-market

Gas Analyzer Market: https://www.imarcgroup.com/gas-analyzer-market

Gas Insulated Switchgear Market: https://www.imarcgroup.com/gas-insulated-switchgear-market

Servo Motors and Drives Market: https://www.imarcgroup.com/servo-motors-drives-market

Contact Us:

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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