Instrument Calibration Services Market Insights, Global Outlook and Forecast 2022-2028
Instrument Calibration Services Market Insights, Global Outlook and Forecast 2022-2028
The report classifies the business vertical into various segments based on components, voltage, end-user scope, and regional division. A thorough analysis of each segment with respect to their market share, growth rate, and revenue contribution forms a major part of the study.
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The latest research study released by Market IntelliX evaluates market size and forecasts of Instrument Calibration Services in Global, including the following market information:
Global Instrument Calibration Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Instrument Calibration Services market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electrical Calibration Services Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Instrument Calibration Services include Trescal, Transcat, Tektronix, Siemens AG, ABB Group, Consumers Energy, Endress+Hauser, Rohde & Schwarz and Lockheed Martin, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MI has surveyed the Instrument Calibration Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Market Segmentations:
Global Instrument Calibration Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Instrument Calibration Services Market Segment Percentages, by Type, 2021 (%)
Electrical Calibration Services
Mass Standards Calibration Services
Temperature Calibration Services
Other
Global Instrument Calibration Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Instrument Calibration Services Market Segment Percentages, by Application, 2021 (%)
Pharmaceutical and Biomedical
Industrial and Automotive
Electronics
Communication
Aerospace & Defense
Other
Global Instrument Calibration Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Instrument Calibration Services Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Instrument Calibration Services revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Instrument Calibration Services revenues share in global market, 2021 (%)
The report presents profiles of competitors in the market, Some of the prominent key players covered:
Trescal
Transcat
Tektronix
Siemens AG
ABB Group
Consumers Energy
Endress+Hauser
Rohde & Schwarz
Lockheed Martin
ESSCO Calibration Laboratory
GE Kaye, General Electric
Keysight Technologies
Micro Precision Calibration
Optical Test and Calibration
Technical Maintenance
Tradinco Instruments
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Instrument Calibration Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Instrument Calibration Services Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Instrument Calibration Services Overall Market Size
2.1 Global Instrument Calibration Services Market Size: 2021 VS 2028
2.2 Global Instrument Calibration Services Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Instrument Calibration Services Players in Global Market
3.2 Top Global Instrument Calibration Services Companies Ranked by Revenue
3.3 Global Instrument Calibration Services Revenue by Companies
3.4 Top 3 and Top 5 Instrument Calibration Services Companies in Global Market, by Revenue in 2021
3.5 Global Companies Instrument Calibration Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 Instrument Calibration Services Players in Global Market
3.6.1 List of Global Tier 1 Instrument Calibration Services Companies
3.6.2 List of Global Tier 2 and Tier 3 Instrument Calibration Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global Instrument Calibration Services Market Size Markets, 2021 & 2028
4.1.2 Electrical Calibration Services
4.1.3 Mass Standards Calibration Services
4.1.4 Temperature Calibration Services
4.1.5 Other
4.2 By Type - Global Instrument Calibration Services Revenue & Forecasts
4.2.1 By Type - Global Instrument Calibration Services Revenue, 2017-2022
4.2.2 By Type - Global Instrument Calibration Services Revenue, 2023-2028
4.2.3 By Type - Global Instrument Calibration Services Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Instrument Calibration Services Market Size, 2021 & 2028
5.1.2 Pharmaceutical and Biomedical
5.1.3 Industrial and Automotive
5.1.4 Electronics
5.1.5 Communication
5.1.6 Aerospace & Defense
5.1.7 Other
5.2 By Application - Global Instrument Calibration Services Revenue & Forecasts
5.2.1 By Application - Global Instrument Calibration Services Revenue, 2017-2022
5.2.2 By Application - Global Instrument Calibration Services Revenue, 2023-2028
5.2.3 By Application - Global Instrument Calibration Services Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global Instrument Calibration Services Market Size, 2021 & 2028
6.2 By Region - Global Instrument Calibration Services Revenue & Forecasts
6.2.1 By Region - Global Instrument Calibration Services Revenue, 2017-2022
6.2.2 By Region - Global Instrument Calibration Services Revenue, 2023-2028
6.2.3 By Region - Global Instrument Calibration Services Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America Instrument Calibration Services Revenue, 2017-2028
6.3.2 US Instrument Calibration Services Market Size, 2017-2028
6.3.3 Canada Instrument Calibration Services Market Size, 2017-2028
6.3.4 Mexico Instrument Calibration Services Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe Instrument Calibration Services Revenue, 2017-2028
6.4.2 Germany Instrument Calibration Services Market Size, 2017-2028
6.4.3 France Instrument Calibration Services Market Size, 2017-2028
6.4.4 U.K. Instrument Calibration Services Market Size, 2017-2028
6.4.5 Italy Instrument Calibration Services Market Size, 2017-2028
6.4.6 Russia Instrument Calibration Services Market Size, 2017-2028
6.4.7 Nordic Countries Instrument Calibration Services Market Size, 2017-2028
6.4.8 Benelux Instrument Calibration Services Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia Instrument Calibration Services Revenue, 2017-2028
6.5.2 China Instrument Calibration Services Market Size, 2017-2028
6.5.3 Japan Instrument Calibration Services Market Size, 2017-2028
6.5.4 South Korea Instrument Calibration Services Market Size, 2017-2028
6.5.5 Southeast Asia Instrument Calibration Services Market Size, 2017-2028
6.5.6 India Instrument Calibration Services Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America Instrument Calibration Services Revenue, 2017-2028
6.6.2 Brazil Instrument Calibration Services Market Size, 2017-2028
6.6.3 Argentina Instrument Calibration Services Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Instrument Calibration Services Revenue, 2017-2028
6.7.2 Turkey Instrument Calibration Services Market Size, 2017-2028
6.7.3 Israel Instrument Calibration Services Market Size, 2017-2028
6.7.4 Saudi Arabia Instrument Calibration Services Market Size, 2017-2028
6.7.5 UAE Instrument Calibration Services Market Size, 2017-2028
7 Players Profiles
7.1 Trescal
7.1.1 Trescal Corporate Summary
7.1.2 Trescal Business Overview
7.1.3 Trescal Instrument Calibration Services Major Product Offerings
7.1.4 Trescal Instrument Calibration Services Revenue in Global Market (2017-2022)
7.1.5 Trescal Key News
7.2 Transcat
7.2.1 Transcat Corporate Summary
7.2.2 Transcat Business Overview
7.2.3 Transcat Instrument Calibration Services Major Product Offerings
7.2.4 Transcat Instrument Calibration Services Revenue in Global Market (2017-2022)
7.2.5 Transcat Key News
7.3 Tektronix
7.3.1 Tektronix Corporate Summary
7.3.2 Tektronix Business Overview
7.3.3 Tektronix Instrument Calibration Services Major Product Offerings
7.3.4 Tektronix Instrument Calibration Services Revenue in Global Market (2017-2022)
7.3.5 Tektronix Key News
7.4 Siemens AG
7.4.1 Siemens AG Corporate Summary
7.4.2 Siemens AG Business Overview
7.4.3 Siemens AG Instrument Calibration Services Major Product Offerings
7.4.4 Siemens AG Instrument Calibration Services Revenue in Global Market (2017-2022)
7.4.5 Siemens AG Key News
7.5 ABB Group
7.5.1 ABB Group Corporate Summary
7.5.2 ABB Group Business Overview
7.5.3 ABB Group Instrument Calibration Services Major Product Offerings
7.5.4 ABB Group Instrument Calibration Services Revenue in Global Market (2017-2022)
7.5.5 ABB Group Key News
7.6 Consumers Energy
7.6.1 Consumers Energy Corporate Summary
7.6.2 Consumers Energy Business Overview
7.6.3 Consumers Energy Instrument Calibration Services Major Product Offerings
7.6.4 Consumers Energy Instrument Calibration Services Revenue in Global Market (2017-2022)
7.6.5 Consumers Energy Key News
7.7 Endress+Hauser
7.7.1 Endress+Hauser Corporate Summary
7.7.2 Endress+Hauser Business Overview
7.7.3 Endress+Hauser Instrument Calibration Services Major Product Offerings
7.7.4 Endress+Hauser Instrument Calibration Services Revenue in Global Market (2017-2022)
7.7.5 Endress+Hauser Key News
7.8 Rohde & Schwarz
7.8.1 Rohde & Schwarz Corporate Summary
7.8.2 Rohde & Schwarz Business Overview
7.8.3 Rohde & Schwarz Instrument Calibration Services Major Product Offerings
7.8.4 Rohde & Schwarz Instrument Calibration Services Revenue in Global Market (2017-2022)
7.8.5 Rohde & Schwarz Key News
7.9 Lockheed Martin
7.9.1 Lockheed Martin Corporate Summary
7.9.2 Lockheed Martin Business Overview
7.9.3 Lockheed Martin Instrument Calibration Services Major Product Offerings
7.9.4 Lockheed Martin Instrument Calibration Services Revenue in Global Market (2017-2022)
7.9.5 Lockheed Martin Key News
7.10 ESSCO Calibration Laboratory
7.10.1 ESSCO Calibration Laboratory Corporate Summary
7.10.2 ESSCO Calibration Laboratory Business Overview
7.10.3 ESSCO Calibration Laboratory Instrument Calibration Services Major Product Offerings
7.10.4 ESSCO Calibration Laboratory Instrument Calibration Services Revenue in Global Market (2017-2022)
7.10.5 ESSCO Calibration Laboratory Key News
7.11 GE Kaye, General Electric
7.11.1 GE Kaye, General Electric Corporate Summary
7.11.2 GE Kaye, General Electric Business Overview
7.11.3 GE Kaye, General Electric Instrument Calibration Services Major Product Offerings
7.11.4 GE Kaye, General Electric Instrument Calibration Services Revenue in Global Market (2017-2022)
7.11.5 GE Kaye, General Electric Key News
7.12 Keysight Technologies
7.12.1 Keysight Technologies Corporate Summary
7.12.2 Keysight Technologies Business Overview
7.12.3 Keysight Technologies Instrument Calibration Services Major Product Offerings
7.12.4 Keysight Technologies Instrument Calibration Services Revenue in Global Market (2017-2022)
7.12.5 Keysight Technologies Key News
7.13 Micro Precision Calibration
7.13.1 Micro Precision Calibration Corporate Summary
7.13.2 Micro Precision Calibration Business Overview
7.13.3 Micro Precision Calibration Instrument Calibration Services Major Product Offerings
7.13.4 Micro Precision Calibration Instrument Calibration Services Revenue in Global Market (2017-2022)
7.13.5 Micro Precision Calibration Key News
7.14 Optical Test and Calibration
7.14.1 Optical Test and Calibration Corporate Summary
7.14.2 Optical Test and Calibration Business Overview
7.14.3 Optical Test and Calibration Instrument Calibration Services Major Product Offerings
7.14.4 Optical Test and Calibration Instrument Calibration Services Revenue in Global Market (2017-2022)
7.14.5 Optical Test and Calibration Key News
7.15 Technical Maintenance
7.15.1 Technical Maintenance Corporate Summary
7.15.2 Technical Maintenance Business Overview
7.15.3 Technical Maintenance Instrument Calibration Services Major Product Offerings
7.15.4 Technical Maintenance Instrument Calibration Services Revenue in Global Market (2017-2022)
7.15.5 Technical Maintenance Key News
7.16 Tradinco Instruments
7.16.1 Tradinco Instruments Corporate Summary
7.16.2 Tradinco Instruments Business Overview
7.16.3 Tradinco Instruments Instrument Calibration Services Major Product Offerings
7.16.4 Tradinco Instruments Instrument Calibration Services Revenue in Global Market (2017-2022)
7.16.5 Tradinco Instruments Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
Research Methodology:
Instrument Calibration Services Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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