Press release
Calibration Pump Market Insights 2025-2034: Growth Forecast and Strategic Priorities
Calibration Pump Market
Calibration Pump Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The size of the calibration pump market has expanded substantially in the last few years. Its growth is predicted to continue, increasing from $1.83 billion in 2024 to $1.94 billion in 2025, a compound annual growth rate (CAGR) of 5.8%. The growth experienced during the historic period comes from factors such as heightened industrialization, a greater emphasis on precision and dependability, demand from the oil and gas industry, the enlargement of the food and beverage industry, and the development of the service and calibration provider industry.
Calibration Pump Market Size Forecast: What's the Projected Valuation by 2029?
The market for calibration pumps is predicted to experience consistent expansion in the coming years, growing to a value of $2.32 billion by 2029, with a compound annual growth rate (CAGR) of 4.7%. This progression in the forecast timeline can be credited to factors like the progress in IoT and Industry 4.0, the increasing focus on precision instrumentation, growth of the healthcare sector, and the demand from aerospace and defense sectors, in addition to expanding energy sector. The forecast period will also see trends such as the advent of multi-purpose calibration pumps, the increasing use of cloud-based calibration solutions, a shift towards predictive maintenance strategies, and the implementation of AI (artificial intelligence) into calibration processes.
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What Are the Drivers Transforming the Calibration Pump Market?
The demand for automation and industrialization, which is on the rise, is predicted to propel the calibration pump market's expansion. Automation represents the adoption of technology, including machinery, robots, and computer systems, to execute operations or processes requiring minimal human interference. Industrialization pertains to the comprehensive process of economic and societal transformation marked by the prevalent foundation of industries, factories, and manufacturing units within a society or region. As industries become aware of the advantages of implementing automated solutions to boost productivity, reduce costs, remain competitive, and address labor-related issues in the rapidly transforming business environment, automation and industrialization are on the rise. Calibration pumps are crucial in this regard as they ensure the accuracy and dependability of pressure-measuring tools used in a variety of automated systems and industrial procedures. For example, Verizon Communications Inc., a US telecom company, stated in March 2023 that retailers forecast that as many as 70% of recurring tasks will be partly or fully automated by 2025. They also project leveraging the labor and productivity benefits via reallocating associates to high-value tasks that involve customer interaction (18% of retailers) and supporting business operations (26% of retailers). As such, the increasing need for automation and industrialization is driving the calibration pump market's growth.
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What Long-Term Trends Will Define the Future of the Calibration Pump Market?
Leading corporations active in the calibration pump market are pioneering new tech-based products. For instance, they are designing the first commercially available pump driver that consolidates all requisite controls into one independent, turnkey unit, suitable for laboratory experiments and production settings. In August 2023, Quantex, a German-based purveyor of recyclable, singular-use pump technologies, launched the Q-Drive-Alpha. This introduction was aimed to fulfill the rising demand for a convenient and effective pump driver system. Equipped with a built-in 7-inch touch screen, the Q-Drive-Alpha invites users to set crucial parameters such as flow velocities and dosing quantities with ease. This product, designed to simplify processes in sectors like food and drink, industrial applications, and biopharma, boosts productivity by shortening training periods and reducing product wastage. By providing precise control over Quantex pumps, the innovation bolsters streamlined operations, making it adaptable for lab-based and commercial implementation.
Which Segments in the Calibration Pump Market Offer the Most Profit Potential?
The calibration pump market covered in this report is segmented -
1) By Type: Hydraulic Calibration Pumps, Pneumatic Calibration Pumps
2) By Applications: Automotive, Food And Beverage, Oil And Gas, Research And Development
3) By Distribution Channel: Direct Sale, Indirect Sale
Subsegments:
1) By Hydraulic Calibration Pumps: Single-Stage Hydraulic Pumps, Multi-Stage Hydraulic Pumps, Portable Hydraulic Calibration Pumps, Stationary Hydraulic Calibration Pumps, Electric Hydraulic Calibration Pumps
2) By Pneumatic Calibration Pumps: Single-Stage Pneumatic Pumps, Multi-Stage Pneumatic Pumps, Handheld Pneumatic Calibration Pumps, Electric Pneumatic Calibration Pumps, Portable Pneumatic Calibration Pumps
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Which Firms Dominate the Calibration Pump Market by Market Share and Revenue in 2025?
Major companies operating in the calibration pump market are Baker Hughes, SIKA AG, Ametek Inc., Omega Engineering(Spectris), Fluke Corporation, Ashcroft Inc., Dwyer Instruments, Additel Corporation, WIKA Alexnder Wiegand SE & Co KG, Magnum Pro, Oy Beamex Ab, Crystal Engineering Corporation, 3D Instruments, Ralston Instruments, Calibration Laboratory LLC, Custom Calibration Inc., Hotek technologies, Time Electronics Ltd., Martel Electronics, Leyro Instruments, Condec s.r.o., SensorsONE, Meriam, Continental Testing Union OH
Which Regions Offer the Highest Growth Potential in the Calibration Pump Market?
North America was the largest region in the calibration pump market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the calibration pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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