Press release
Instrument Calibration Services Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Instrument Calibration Services
What Is the Expected Instrument Calibration Services Market Size During the Forecast Period?
In the past few years, the size of the instrument calibration services market has seen robust expansion. Its growth, which is projected to leap from $1.67 billion in 2024 to $1.83 billion in 2025 with a compound annual growth rate (CAGR) of 9.8%, can be credited to numerous factors. These factors include adherence to regulatory standards, enhanced quality benchmarks, industry expansion, the tendency towards outsourcing, globalization, increasing instrument complexity, and an emphasis on preventive maintenance.
Predicted strong growth in the forthcoming years will lead to a substantial expansion of the instrument calibration services market, as its worth is anticipated to reach $2.62 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.4%. This surge in the market during the forecast period can primarily be credited to the expanding healthcare sector, the establishment of novel industries, the priorities of sustainability, transition towards predictive maintenance, and the need for accredited services. Forecast period trends would include the incorporation of cloud-based systems, the creation of predictive maintenance solutions, collaborative efforts between providers and manufacturers, the utilization of remote capabilities, and a growing focus on data analytics.
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What Are the High-Growth Segments in the Instrument Calibration Services Market?
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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What Key Drivers Are Expected to Influence Future Instrument Calibration Services Market Growth?
The growth of the instrument calibration services market is anticipated to be fuelled by the expansion of industrial robots. These programmable mechanical devices, used to automate tasks previously carried out by humans in industrial and manufacturing environments, are growing in application due to technological advancements, globalization, labor shortages, and the automation of repetitive tasks. Calibration services ensure that these industrial robots function accurately and safely, maintaining reliable performance and manufacturing operations compliance. For example, in September 2023, the International Federation of Robotics reported that industrial robot installations reached a record-breaking 553,052 units in 2022, highlighting a significant 5% increase from the previous high of 517,385 units in 2021. Thus, the enlargement of industrial robots fuels the progression of the instrument calibration services market.
Which Companies Hold the Largest Share Across Different Instrument Calibration Services Market Segments?
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
What Are the Latest Developing Trends in the Instrument Calibration Services Market?
Key players in the instrument calibration services sector are putting their efforts into creating phased array calibration strategies, which would increase effectiveness, precision, and automation in calibration. The phased array calibration scheme is an advanced system built to support the creation of actively scanned electronic arrays for satellite communications applications. For example, Keysight Technologies, a US electronics firm, introduced a phased array antenna control and calibration solution for satellite communications in October 2023. The system consists of an intuitive software interface to manage the antenna being tested, a compact antenna performance test range positioner, and a temperature control unit. This new system dramatically cuts down the duration of calibration of complex phased array antennas from hours or even days to mere minutes in a lab environment, thus improving mission success for both commercial and military satellite communications.
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What Are the Emerging Geographies for The Instrument Calibration Services Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Instrument Calibration Services Market?
2. What is the CAGR expected in the Instrument Calibration Services Market?
3. What Are the Key Innovations Transforming the Instrument Calibration Services Industry?
4. Which Region Is Leading the Instrument Calibration Services Market?
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