Calibration Services Markets. Strategies and Trends with Forecasts by Type of Calibration, by Industry and by Country. Includes Custom Analysis and World Metropolitan Area Market Sizes. 2023 to 2027

A growing market. Key growth drivers. An industry protected from economic cycles. An industry driven forward by increasing global regulations and security. The future of the calibration services industry is explored with detailed market forecasts and strategic analysis.

Worldwide Metropolitan Market sizes are included with every report. This latest edition of the industry standard report provides valuable information and insight. The report doesn't just look at market size. It examines key operational principles and industry best practices provided by industry veterans. Look at acquisition and divestiture opportunities. Revise pricing and service terms. Develop new service packaging and offerings. Consider integrated marketing programs.

"I recommend it as a planning tool for any organization that provides calibration services." Dr. Malcolm Smith, Board Member NACLA, Committee Chair NCSLI.

29 companies are profiled in this report.

This latest version of the report includes Major Metropolitan Market Size Table 2020.

If their country is not already listed purchasers can request Individual Country Market Size information, or other customization, without additional charge.

All the important facts are here. Industry growth rates. Geographic, instrumentation and industry breakdowns of market size. Explore the potential of the industry and gain an appreciation of the big picture for a relatively new industry that is expanding onto a global stage.

All report data is available in Excel format on request.

Make investment decisions and valuations with confidence using the latest data.

ABOUT THE LEAD AUTHOR:

Mr. Greg Powell, B.SC., M.B.A is the President of Howe Sound Research. He is an experienced business and clinical professional. He is co-author of the paper "The Radioimmunoassay of Angiotensinogen by Antibody Trapping." He has worked in laboratory testing and management for over 20 years. Mr. Powell's education includes:

B.Sc. (Chemistry) University of BC
M.B.A. (Finance and Policy) University of BC
Market Research Seminar - Burke Institute
Finance for Senior Executives - Harvard Business School

1. Market Guides

1.1. Strategic Situation Analysis
1.2. Guide for Executives and Business Development Staff
1.3. Guide for Management Consultants and Investment Advisors

2. Introduction and Market Definition

2.1. Introduction
2.2. Methodology
- 2.2.1. Methodology
- 2.2.2. Sources
- 2.2.3. Authors
2.3. Global Economic Outlook
- 2.3.1. Overview
- 2.3.2. Gross Domestic Product
- 2.3.3. Energy
- 2.3.4. Inflation - Headline
- 2.3.5. Inflation - Services
2.4. Market Definition
2.5. Important Role of Metrology Institutes

3. Market Overview

3.1. Manufacturer Practices
- 3.1.1. Manufacturer versus other Vendors
- 3.1.2. Electronic versus Mechanical Segments
3.2. Accreditation
- 3.2.1. Accreditation Recognition
- 3.2.2. Two-Tiered Accreditation Standard
3.3. Segments and Capability
- 3.3.1. An Overview of Segmentation Practice
- 3.3.2. Segmentation by Company Size
- 3.3.3. On-site Service as a Segment
3.4. Industry Structure and Participants
- 3.4.1. The International System of Measurement - A Primer
- 3.4.2. Current Industry Participants
- 3.4.3. Industry Structure
3.5. Geographic Influences
- 3.5.1. Geographic Preference
- 3.5.2. Implications for Laboratory Management
- 3.5.3. Growing Demand for On Site Service

4. Market Trends

4.1. Factors Driving Growth
- 4.1.1. Accreditation
- 4.1.2. Technology
- 4.1.3. Regulation
- 4.1.4. Environment
- 4.1.5. Outsourcing
- 4.1.6. Security
- 4.1.7. Global Economy
- 4.1.8. Impact of Climate Change
4.2. Factors Inhibiting Growth
- 4.2.1. Laboratory Automation
- 4.2.2. Quality Movement Maturity
- 4.2.3. Measurement Technology
- 4.2.4. Economic Uncertainty
- 4.2.5. Equipment Lifecycles
- 4.2.6. Reliability/disposability
- 4.2.7. Recalibrate Versus Replace
4.3. The Changing Role of the Manufacturer
- 4.3.1. The Position of Trust
- 4.3.2. Customers Have an Equipment Management Need
- 4.3.3. Effect on Repair Demand
- 4.3.4. Manufacturer's Rethink Service and Support
4.4. Services Packaging
- 4.4.1. Services Packaging Today and Tomorrow
- 4.4.2. Reduced Services Play a Role
- 4.4.3. Basic Calibration Changes
- 4.4.4. The Role of On Line Value Added Services
- 4.4.5. Change in Demand for Accreditation
- 4.4.6. Pricing for On Site to Change
- 4.4.7. Contract Agreements to Change
4.5. Technology Development
- 4.5.1. Three Important Technology Developments
- 4.5.2. Calibration Services Look to Installed Base
- 4.5.3. Calibration Intervals Change
- 4.5.4. Impact of Self Calibration

5. Pricing and Business Development

5.1. Calibration Service Pricing and Plans
- 5.1.1. Variable Factors in a Calibration Service
- 5.1.2. Fee Based Pricing
- 5.1.3. Approaches to Pricing
- 5.1.4. Pricing and Geography
- 5.1.5. Surcharges
- 5.1.6. Limited Calibration
- 5.1.7. Volume Discounts
- 5.1.8. Mobile Pricing
- 5.1.9. Service Plans
- 5.1.10. Asset Management
- 5.1.11. Customer Commitment
- 5.1.12. Personnel Rental
5.2. Promotion
- 5.2.1. Sales Promotion Practice
- 5.2.2. A Calibration Services Marketing System
- 5.2.3. Services Marketing Program Tools
- 5.2.4. Company Website and Marketing Strategy
5.3. Customer Service
- 5.3.1. Customer Service Measurement
- 5.3.2. Teamwork in Customer Service
- 5.3.3. The Role of Leadership
5.4. Merger and Acquisition
- 5.4.1. Economies of Scale
- 5.4.2. Caveats and Factors Unfavourable to Merger Activity
5.5. Competition

6. Industry Segmentation Analysis

6.1. Aerospace/Defense
6.2. Agriculture and Food Production
6.3. Automotive
6.4. Biomedical/Pharmaceutical
6.5. Communication
6.6. General Manufacturing
6.7. High Technology
6.8. Material Production
6.9. Other

7. Recent Market Activity

7.1. Recent Developments - Importance and How to Use This Section
- 7.1.1. Importance of These Developments
- 7.1.2. How to Use This Section
- 7.1.3. Storm Aviation Gains Calibration Accreditation
- 7.1.4. Scientific Laboratory Supplies Acquires C&M Scientific
- 7.1.5. Elemental Machines Creating Lab Monitoring Solution
- 7.1.6. Pipette.com Expands Calibration Footprint
- 7.1.7. Survey Reveals Changes in Calibration Services Industry
- 7.1.8. Trescal Launches Its Single Source Calibration Solution
- 7.1.9. Pipette.com Adds New Capability
- 7.1.10. Calibration Technology Ltd Expands Operations
- 7.1.11. Transcat Acquires Tangent Labs
- 7.1.12. NMI acquires Young Calibration
- 7.1.13. Summit Laboratory receives BAB certifications
- 7.1.14. Kaye Earns Accreditation in China Lab
- 7.1.15. Autel US Expands Calibration Coverage
- 7.1.16. New Chairman of the Board at Transcat, Inc.
- 7.1.17. Vision Engineering's Cal Lab Attains ISO 17025:2017
- 7.1.18. NMI Metrology is Expanding Services
- 7.1.19. Mitutoyo Introduces New Package
- 7.1.20. Transcat Acquires TTE Laboratories, Inc.
- 7.1.21. Breathalyzer Calibration Investigated
- 7.1.22. Transcat, Inc. Acquires Software Company
- 7.1.23. Endress+Hauser builds new Calibration Laboratory
- 7.1.24. Transcat acquires Infinite Integral Solutions Inc.
- 7.1.25. Keysight opens new calibration facility
- 7.1.26. Transcat Acquires Gauge Repair Service
- 7.1.27. Trescal Announces 3 Aquisitions
- 7.1.28. Newbow Aerospace Expands Calibration Laboratory
- 7.1.29. Trescal Acquires Diamond Technical and Acteam
- 7.1.30. Boonton and Noisecom Receive Accreditation
- 7.1.31. Transcat Acquires Angel's Instrumentation
- 7.1.32. Trescal and Stahlwille UK sign agreement
- 7.1.33. Laboratory Testing Inc. Acquires TAC Technical
- 7.1.34. Trescal Acquires Metriccontrol

8. Key Players

8.1. ABB
8.2. Ametek
8.3. Beamex
8.4. Bruel & Kjaer
8.5. Consumers Energy
8.6. e2b calibration
8.7. Emerson
8.8. Endress & Hauser
8.9. ESSCO Calibration Laboratory
8.10. Fluke
8.11. GE Kaye
8.12. Innocal (Cole Parmer)
8.13. Instron
8.14. J. A. King
8.15. Keysight Technologies
8.16. Lockheed Martin
8.17. Mettler-Toledo/Troemner
8.18. Micro Precision Calibration
8.19. Optical Test and Calibration
8.20. Rhode & Schwarz
8.21. SGS
8.22. Siemens
8.23. Simco
8.24. Technical Maintenance Inc.
8.25. Tektronix
8.26. Teseq
8.27. Tradinco Instruments
8.28. Transcat
8.29. Trescal

9. The Global Market for Calibration Services

9.1. Calibration - Global Market Overview by Country
- 9.1.1. Table - Global Market by Country
- 9.1.2. Chart - Global Market by Country
9.2. Calibration - Global Market Overview by Type
- 9.2.1. Table - Global Market by Type
- 9.2.2. Chart - Share by Year
- 9.2.3. Chart - Segment Growth Rates
- 9.2.4. Chart - Segment Shift
- 9.2.5. Chart - Segment Share Start Year
- 9.2.6. Chart - Segment Share End Year
9.3. Calibration - Global Market Overview by Industry
- 9.3.1. Table - Calibration Market by Industry
- 9.3.2. Chart - Global Market Industry Share by Year
- 9.3.3. Chart - Global Market Industry Segment Growth Rates
- 9.3.4. Chart - Global Industry Segment Shift
- 9.3.5. Chart - Global Market Industry Share Start Year
- 9.3.6. Chart - Global Industry Market Share End Year

10. Global Calibration Markets - By Type of Calibration

10.1. Electrical Calibration
- 10.1.1. Table Electrical Calibration - by Country
- 10.1.2. Chart - Electrical Calibration Growth
10.2. Dimensional Calibration
- 10.2.1. Table Dimensional Calibration - by Country
- 10.2.2. Chart - Dimensional Calibration Growth
10.3. Mechanical Calibration
- 10.3.1. Table Mechanical Calibration- by Country
- 10.3.2. Chart - Mechanical Calibration Growth
10.4. Thermal Calibration
- 10.4.1. Table Thermal Calibration - by Country
- 10.4.2. Chart - Thermal Calibration Growth
10.5. Other Calibration
- 10.5.1. Table Other Calibration - by Country
- 10.5.2. Chart - Other Calibration Growth

11. Global Calibration Markets - By Industry

11.1. Calibration Market Aerospace & Defence
- 11.1.1. Table Calibration Market Aerospace & Defence - by Country
- 11.1.2. Chart - Calibration Market Aerospace & Defence Growth
11.2. Calibration Market Agro & Biomedical
- 11.2.1. Table Calibration Market Agro & Biomedical - by Country
- 11.2.2. Chart - Calibration Market Agro & Biomedical Growth
11.3. Calibration Market Electronic & Communications
- 11.3.1. Table Calibration Market Electronic & Communications by Country
- 11.3.2. Chart - Calibration Market Electronic & Communications Growth
11.4. Calibration Market Industry & Manufacturing
- 11.4.1. Table Calibration Market Industry & Manufacturing - by Country
- 11.4.2. Chart - Calibration Market Industry & Manufacturing Growth
11.5. Calibration Market Other Industry
- 11.5.1. Table Calibration Market Other Industry - by Country
- 11.5.2. Chart - Calibration Market Other Industry Growth

12. Market Sizes and Forecasts World Metropolitan Areas

12.1. World Metropolitan Areas Datatable. Market Size Forecasts

Table of Tables

Table 1: Competitive Positioning: Manufacturer vs. ISV
Table 2: Industry Segments
Table 3: Industry Participants
Table 4: Industry Growth Factors
Table 5: Factors Inhibiting Growth
Table 6: Variable Factors in Calibration Services
Table 7: Possible Uplift or Surcharge Items
Table 8: Calibration Services Promotional Tools
Table 9: Global Calibration Market by Region
Table 10: Global Calibration Market by Type
Table 11: Global Calibration Market by Industry
Table 12: Electrical Calibration by Country
Table 13: Dimensional Calibration by Country
Table 14: Mechanical Calibration by Country
Table 15: Thermal Calibration by Country
Table 16: Other Calibration by Country
Table 17: Calibration Market Aerospace & Defence by Country
Table 18: Calibration Market Agro & Biomedical by Country
Table 19: Calibration Market Electronic & Communications by Country
Table 20: Calibration Market Industry & Manufacturing by Country
Table 21: Calibration Market Other Industry by Country
Table 22: World Metropolitan Areas Calibration Market 2023

Table of Figures

Figure 1: GDP Growth Projection
Figure 2: Overview of Segmentation
Figure 3: Services Packaging Today
Figure 4: Services Packaging Tomorrow
Figure 5: A System for Calibration Services Marketing
Figure 6: Base Year Global Market Density Chart
Figure 7: Type Share by Year
Figure 8: Type Segment Growth Rates
Figure 9: Segment Shift Planning Period
Figure 10: Market Share Start Year
Figure 11: Type Market Share End Year
Figure 12: Industry Share by Year
Figure 13: Industry Segment Growth Rates
Figure 14: Segment Shift Planning Period
Figure 15: Industry Market Share Start Year
Figure 16: Industry Market Share End Year
Figure 17: Electrical Calibration Growth
Figure 18: Dimensional Calibration Growth
Figure 19: Mechanical Calibration Growth
Figure 20: Thermal Calibration Growth
Figure 21: Other Calibration Growth
Figure 22: Calibration Market Aerospace & Defence Growth
Figure 23: Calibration Market Agro & Biomedical Growth
Figure 24: Calibration Market Electronic & Communications Growth
Figure 25: Calibration Market Industry & Manufacturing Growth
Figure 26: Calibration Market Other Industry Growth