Press release
Electrical Calibration Equipment Market is Predicted to Reach US$ 4.2 Billion at a CAGR of 5.6% by 2033
Electrical Calibration Equipment Market
Fact.MR, a market research and competitive intelligence company, predicts flourishing development in the demand for electrical calibration equipment in the forthcoming years. When used daily, the power-measuring equipment, intensity-measuring equipment, voltage-measuring equipment, and resistance-measuring equipment allows it to verify the correct working of machines and installations, and electrical calibration increases the trust in its accuracy of measurements and performance. Electrical calibration is the basis of the safety, quality, and innovation of the majority of products & services and decides the traceability of measurement.
For More Insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=6935
Country Wise Analysis
The United States of America has attracted the serious notice of manufacturers due to the country's mass industrialization and urbanization. Top players like Keysight Technologies, Fluke Corporation, and Tektronix that have their headquarters in the U.S. are undertaking massive expansion programs by establishing centers and introducing new products. Businesses are also opting for vertical and horizontal expansion.
Massive investments are being undertaken in the production of electrical calibration equipment in China's dynamic electrical and electronics sector. The equipment is equipped with advanced technology, which reduces errors during calibration and makes the overall performance of the calibrated devices more efficient.
Category wise Insight
Accelerated development of technological innovations is triggering steady demand for new electronics products. The international consumer electronics market generated US$ 716.3 billion in revenue in 2022. Technological progress is supporting both households and companies in upgrading and replacing outdated devices with new ones.
Semiconductor devices are increasingly being used in the world as there is heightened demand for consumer electronics like television sets, washing machines, refrigerators, and cellular phones, among others. Demand for electronic appliances is also expected to rise based on innovations by companies backed by the high rate of technology growth.
Competitive Landscape
Fact.MR has listed following notable electrical calibration equipment manufacturers - Additel Corporation, AEMC, Extech Instruments, Fluke Corporation, Keysight Technologies Inc, Mastech, Meatest, Megger, TEKTRONIX, INC., Time Electronics Ltd, Transmille Ltd, and WIKA Instruments India Pvt. Ltd. These manufacturers are developing technology-driven products to combat the latest issues of component placement in the calibration arena.
Major players are adopting a competitive market pricing policy in the electric calibration equipment industry. Firms are creating constructive alliances and associations with various end-use industries for systematic recalibration. With growing demand for recalibration, manufacturers can capitalize on maintenance while seeing stability in demand.
In April 2021, Fluke Corporation introduced its new clamp meters 377 FC and 378 FC; they are said to be the first clamp meters to measure voltage non-contact accurately and safely without test leads. The tools utilize field sense technology making the test safer and quicker without touching a live conductor.
In December 2021, Megger reported that it has acquired Metrycom, the top supplier of analytics and grid network sensors to the electric supply market. This way, the company is prioritizing its growing online monitoring offerings and enhancing its predictive maintenance offerings with the enhanced detection and identification of unplanned outages.
Browse Full Report: https://www.factmr.com/report/electrical-calibration-equipment-market
Segments of Electrical Calibration Equipment Industry Research
By Device Type :
Ammeters
Multifunction Testers
Capacitance Meters
Multimeters
Insulation Testers
Oscilloscopes
Signal Generators
Power Analyzers
Chart Recorders & Data Loggers
Clamp Meters
Loop & Earth Testers
Socket Testers
Milliohm & Microhm Meters
Volt Sticks & Detectors
Others
By Principal Parameter :
Voltage
Current
Resistance
Inductance
Capacitance
Time
Frequency
Others
By Precision Device :
Precision Source
Precision Measurement
By Portability :
Benched
Portable / Handheld
By End-use Vertical :
Aerospace & Defense
Automotive
Electrical & Electronics
Industrial Manufacturing
IT & Telecommunication
Laboratories & Institutes
Oil & Gas And Petrochemicals
Pharmaceuticals
Power & Energy
Others
By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
Check out More Related Studies Published by Fact.MR:
Pallet Container Market
https://www.factmr.com/report/pallet-container-market
Pin Insertion Machines Market
https://www.factmr.com/report/pin-insertion-machines-market
Europe Cardboard Baler Market
https://www.factmr.com/report/europe-cardboard-baler-market
Robot Vision System Market
https://www.factmr.com/report/robot-vision-system-market
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electrical Calibration Equipment Market is Predicted to Reach US$ 4.2 Billion at a CAGR of 5.6% by 2033 here
News-ID: 3979153 • Views: …
More Releases from Fact.MR
Fine Blanking Tools Market Projected to Reach USD 1.43 Billion by 2035 | U.S. CA …
The global Fine Blanking Tools Market is set for steady growth over the next decade, driven by rising demand for high-precision components, ongoing industrial automation, and surging requirements from automotive, electronics, and aerospace sectors. According to a recent forecast, the market is expected to grow from approximately USD 948.1 million in 2025 to USD 1,430.6 million by 2035, at a compound annual growth rate (CAGR) of about 4.2 % between…
Benzodiazepine Drugs Market is Expanding USD 5.4 billion by 2035 | Pfizer Inc.; …
The global benzodiazepine drugs market is projected to expand in the coming decade, driven by growing incidence of anxiety, insomnia, alcohol-withdrawal disorders, and advances in pharmaceutical formulations. According to a recent Fact.MR report, the market was valued at approximately USD 2.35 billion in 2022, and is expected to grow at a compound annual growth rate (CAGR) of 2.8% to reach USD 3.1 billion by 2032.
Market Drivers & Outlook
The demand for…
Ultrasound Systems Market to Surge to Nearly USD 20 Billion by 2035, Led by Adva …
The global Ultrasound Systems Market is on a strong growth trajectory, projected to rise from USD 10.8 billion in 2025 to approximately USD 19.7 billion by 2035, expanding at a CAGR of 6.2% during the forecast period. This growth is fueled by the rising demand for non-invasive diagnostic imaging, the increasing prevalence of chronic diseases, expanding healthcare infrastructure, and continuous technological innovations such as AI integration and portable imaging systems.
Key…
Surgical Staplers Market Is Forecasted To Reach USD 6.0 Billion In 2025 | Ethico …
The global Surgical Staplers Market is forecast to show strong growth over the next decade, nearly doubling in value as demand surges for efficient, reliable wound closure in advanced surgical procedures. According to the latest Fact.MR Surgical Staplers Market Size & Share Forecast Outlook 2025-2035 report, the market is expected to grow from USD 6.0 billion in 2025 to USD 12.5 billion by 2035, at a compound annual growth rate…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
