Calibration is a service carried out to compare the performance of a field device/instrument against the standard specifications. It identifies the fault of the instrument, reduces the downtime of an instrument, and enhances productivity. Calibration services are one of the most important services under instrumentation services, as they are a must for testing and maintenance devices. These services help to maintain precision and accuracy of devices, and record and rectify the deviations in performance from standard specifications.
Scope of the Report:This report studies the Field Devices Calibration Services market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Field Devices Calibration Services market by product type and applications/end industries.
The temperature and humidity calibration services segment accounted for the major shares of the field devices calibration services market. Factors such as the increased utilization of temperature and humidity calibration services in different industries and availability of a wide range of services will contribute to the growth of this industry segment in the instrument calibration services market in coming years.
As per this market research report, the process industries will hold the maximum share of the field devices calibration services market. The increasing usage of field devices calibration services in the process industries such as oil and gas, power, and petrochemical due to the high necessity of maintaining the accuracy of instruments will drive the segmentÕs growth in the global instrument calibration services market.
The global Field Devices Calibration Services market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Field Devices Calibration Services.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers Endress+Hauser
Siemens
Yokogawa
ABB
Exova
GE
Honeywell
Thermo Fisher Scientific
Rockwell Automation
Fluke Calibration
HiTek
Keysight Technologies
Transcat
Rohde & Schwarz
Branom Instrument
Raeco
Pfreundt
Tektronix
Integrated Service Solutions
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Temperature and Humidity Calibration Services
Electrical Calibration Services
Pressure Calibration Services
Mechanical Calibration Services
Other
Market Segment by Applications, can be divided into Process Industries
Discrete Industries
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
