Press release
Key Influencer in the Instrument Calibration Services Market 2025: Rising Demand For Instrument Calibration Services Fueled By Industrial Robots Boom Driver
Instrument Calibration Services Market
The rise in the use of industrial robots is anticipated to boost the instrument calibration services market. Programmable mechanical tools utilized in the manufacturing and industrial sectors to automate various human tasks are referred to as industrial robots. Technological advancements, globalization, labor shortages, and skills gap are accelerating the adoption of these robots by automating tedious tasks. Calibration services uphold the accuracy and safety of industrial robots, ensuring consistent execution and compliance in manufacturing operations. Let's take an example from September 2023, the Germany-based International Federation of Robotics reported a significant upsurge in industrial robot installations totaling to 553,052 units in 2022. This marked a remarkable increase of 5% from 517,385 units recorded in 2021. As a result, the surge in industrial robot utilization significantly fuels the growth of the instrument calibration services market.
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What is the projected compound annual growth rate (CAGR) of the instrument calibration services market from 2025 to 2034, and what factors influence it?
In recent times, the market size for instrument calibration services has seen a robust growth. The market is predicted to surge from $1.67 billion in 2024 to $1.83 billion in 2025, with a compound annual growth rate (CAGR) of 9.8%. Factors contributing to this growth in the earlier period include adherence to regulations, quality benchmarks, the expansion of the industry, outsourcing tendencies, globalization, increasing instrument complexities, and an emphasis on preventive maintenance.
In the coming years, the market size for instrument calibration services is projected to experience robust growth, escalating to $2.62 billion by 2029, with a compound annual growth rate (CAGR) of 9.4%. This growth over the forecast period can be ascribed to the expansion of the healthcare sector, the advent of new industrial sectors, a strong emphasis on sustainability, a move towards predictive maintenance, and an increasing demand for accredited services. Notable trends within the forecast timeframe encompass the incorporation of cloud-based systems, the creation of predictive maintenance solutions, strategic collaboration between service providers and manufacturers, the implementation of remote capabilities, and a rising focus on data analytics.
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How are the latest trends influencing the growth of the instrument calibration services market?
Leading firms within the instrument calibration services market are shifting their focus to the establishment of phased array calibration solutions to improve precision, efficiency, and automation within the process of calibration. The phased array calibration solution is a top-tier system intended to aid in creating active electronically scanned arrays for satellite communication applications. For example, in October 2023, Keysight Technologies, a company from the US specializing in electronics, unveiled a satellite communication-aimed phased array antenna control and calibration solution. It comes equipped with a software interface that is easy to navigate, a compact antenna testing range positioner, and a temperature control unit. This groundbreaking system drastically cuts down on the calibration time of intricate phased array antennas, reducing hours or even days down to mere minutes in a laboratory environment, thereby ensuring the success of both commercial and military satellite communications missions.
What are the major segments of the instrument calibration services market and their role in driving growth?
The instrument calibration services market covered in this report is segmented -
1) By Type: Electrical Calibration Services, Mass Standards Calibration Services, Temperature Calibration Services, Other Types
2) By Application: Pharmaceutical And Biomedical, Industrial And Automotive, Electronics, Communication, Aerospace And Defense, Other Applications
3) By End-User: Manufacturing, Research And Development, Government And Defense, Other End Users
Subsegments:
1) By Electrical Calibration Services: Voltage Calibration, Current Calibration, Resistance Calibration, Frequency Calibration
2) By Mass Standards Calibration Services: Weighing Scale Calibration, Mass Flow Calibration, Mass Comparator Calibration
3) By Temperature Calibration Services: Thermocouple Calibration, Rtd Calibration, Infrared Thermometer Calibration
4) By Other Types: Pressure Calibration Services, Humidity Calibration Services, Flow Calibration Services
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Which regions are key players in the growth of the instrument calibration services market?
Asia-Pacific was the largest region in the instrument calibration services market in 2024. The regions covered in the instrument calibration services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the key firms paving the way for growth in the instrument calibration services market?
Major companies operating in the instrument calibration services market are Siemens AG, Lockheed Martin, General Electric Company, ABB Group, CMS Energy, Eurofins Scientific, SGS S.A, Bureau Veritas, Tektronix, Fluke Corporation, Keysight Technologies Inc., Intertek Group PLC, Endress+Hauser, TÜV SÜD, Cal Inc., Rohde & Schwarz GmbH & Co KG, Transcat Inc., Mitutoyo Corporation, Technical Maintenance, ESSCO Calibration Laboratory, Trescal Inc., Tradinco Instruments, Optical Test and Calibration Ltd., GE Kaye, Micro Precision Calibration
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What Is Covered In The Instrument Calibration Services Global Market Report?
•Market Size Forecast: Examine the instrument calibration services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the instrument calibration services market for a structured understanding.
•Key Players Overview: Analyze major players in the instrument calibration services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the instrument calibration services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the instrument calibration services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the instrument calibration services market.
•Industry Challenges: Identify potential risks and obstacles affecting the instrument calibration services market.
•Competitive Landscape: Review strategic developments in the instrument calibration services market, including expansions, agreements, and new product launches.
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