Instrument Calibrator Market is expected to reach US$ 1,854.03 million by 2028 | The Insight Partners

Favourable Government Regulations and Technological Developments to Provide Growth Opportunities for Instrument Calibrator Market during 2021-202

Government regulatory authorities such as the Food and Drug Administration (FDA) and the Environmental Protection Agency (EPA) require strict adherence to regulates emissions of various manufacturing plants, among other processes. Companies that use mercury in their manufacturing processes need to calibrate sensors that monitor plant emissions to ensure the absence of mercury in the discharge, as it can harm the adjacent environment and ecosystems.

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The FDA regulates to calibrate regular basis on chemical makeup of drugs. So test and measurement of the equipment are done to verify correct measurements and the operation of manufacturing equipment that controls the errors while manufacturing the chemical makeup of drugs. BEAMEX provides of calibration solutions for improving the calibration process worldwide. It offers Beamex CMX calibration management software for the process industries; the product assists in planning, managing, analyzing, and documenting the calibration activities and assets with greater efficiency and security. Beamex LOGiCAL is a subscription-based calibration software. Beamex bMobile is a mobile application for executing and documenting instrument calibration, maintenance-related inspection, and weighing instrument calibration processes.

The List of Companies - Instrument Calibrator Market:

AMETEK Inc.
Baker Hughes Company
Extech Instruments
Fluke Corporation
Yokogawa Electric Corporation
WIKA Alexander Wiegand SE & Co. KG
Additel
Beamex Oy Ab
Calmet
Spectris

Impact of COVID-19 Pandemic on Instrument Calibrator Market:

The COVID-19 pandemic had a negative impact on the global instrument calibrator market in the year 2020. Since the outbreak of COVID-19, all manufacturing processes across the world have been temporarily closed to combat the spread of COVID-19 and comply with the social distancing norms laid down by local and federal government bodies. Therefore, the closure of manufacturing units is resulting into logistic issues. However, as the manufacturing processes resumed from the 3rd quarter of 2020, and the demand for instrument calibrator started to recover, manufacturers were able to stabilize the overall revenue and cashflow.

The Global Instrument Calibrator Market has been Segmented as Mentioned Below:

By Product Type:
Temperature Calibrator
Pressure Calibrator
Electrical Calibrator
Multifunction Process Calibrator

By Modularity:
Benchtop
Portable

By Industry Vertical:
Automotive
Aerospace and Defense
Electronics
Food and Beverage
Pharmaceutical
Oil and Gas
Other Industries

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The players operating in the instrument calibrator market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

In January 2020, AMETEK STC is pleased to present the new JOFRA CTC-652 temperature calibrator. The CTC-652 is the tallest of JOFRA's CTC Series calibrators and is the only industrial-grade temperature calibrator with a 200 mm insert.

In March 2019, The 8588A Reference Multimeter is the world's most stable digitizing multimeter. Designed for calibration standards laboratories, this reliable digital multimeter holds the industry's best one-year dc voltage accuracy and pushes the speed.

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This release was published on openPR.