Dublin, July 10, 2024 (GLOBE NEWSWIRE) -- The "Industrial Portable Calibrators - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Industrial Portable Calibrators was valued at an estimated US$707.2 Million in 2023 and is projected to reach US$837.9 Million by 2030, growing at a CAGR of 2.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the industrial portable calibrators market is driven by several factors, including technological advancements, increasing regulatory requirements, and the growing focus on maintaining operational efficiency. Technological innovations, such as enhanced digital interfaces, wireless capabilities, and multifunctional features, have made these devices more versatile and user-friendly, driving their adoption across various industries. Stringent regulatory standards and the need for precise measurements to ensure compliance with safety and quality regulations are also contributing to market growth.
Furthermore, industries are increasingly focusing on maintaining high operational efficiency and minimizing downtime, which boosts the demand for reliable and efficient calibration tools. As industries continue to embrace digital transformation and advanced maintenance practices, the demand for industrial portable calibrators is expected to see significant growth in the coming years.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Portable Pressure Calibrators segment, which is expected to reach US$317.4 Million by 2030 with a CAGR of a 3%. The Portable Temperature Calibrators segment is also set to grow at 2.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $192.7 Million in 2023, and China, forecasted to grow at an impressive 5% CAGR to reach $167.2 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Industrial Portable Calibrators Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Additel Corporation, AMETEK Test & Calibration Instruments, AOIP SAS, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors Featured:
- Additel Corporation
- AMETEK Test & Calibration Instruments
- AOIP SAS
- Ashcroft Inc.
- Astronics Corporation
- Baker Hughes Company
- Burster Praezisionsmesstechnik GmbH & Co. KG
- Fluke Corporation
- GAO Tek, Inc.
- Orbit Merret, Spol. Sro
- SEFRAM
- Tecpel Co., Ltd.
- Time Electronics Ltd.
- Vibsens
- WIKA Alexander Wiegand SE & Co. KG
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Industrial Portable Calibrators Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Industrial Portable Calibrators Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 278 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $707.2 Million |
| Forecasted Market Value (USD) by 2030 | $837.9 Million |
| Compound Annual Growth Rate | 2.5% |
| Regions Covered | Global |
Key Topics Covered:
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
- Industrial Portable Calibrators - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Demand for Precision in Manufacturing Throws the Spotlight on Portable Calibrators
- Technological Advancements in Calibration Equipment Propel Market Growth
- Rising Adoption of Industry 4.0 Drives Demand for Smart Calibrators
- Expansion of the Automotive Industry Generates Demand for Accurate Calibration
- Focus on Reducing Downtime in Industrial Operations Spurs Adoption of Portable Calibrators
- Advancements in Wireless and Bluetooth Connectivity Enhance Calibrator Functionality
- Energy Sector's Emphasis on Precision Measurement Drives Market Expansion
- Increasing Utilization of Calibration Services in Pharmaceuticals Generates Opportunities
- Enhanced Portability and User-Friendly Interfaces Propel Market Growth
- Rising Focus on Predictive Maintenance Drives Adoption of Portable Calibrators
- Cost-Effective Calibration Solutions Sustain Growth in Small and Medium Enterprises
- Innovations in Multi-Parameter Calibrators Strengthen Market Position
- Growing Adoption of Calibration Management Software
- Increasing Demand from the Aerospace and Defense Sectors Propels Market
- The Role of IoT in Enhancing Calibration Accuracy and Efficiency
- Strategic Collaborations and Partnerships Drive Market Expansion
- Focus on Reducing Operational Costs Strengthens Business Case for Portable Calibrators
4. GLOBAL MARKET PERSPECTIVE
- World Industrial Portable Calibrators Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
- World Recent Past, Current & Future Analysis for Industrial Portable Calibrators by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for Industrial Portable Calibrators by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for Industrial Portable Calibrators by Geographic Region - Percentage Breakdown of Value Sales for Years 2014,
- World Recent Past, Current & Future Analysis for Portable Pressure Calibrators by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for Portable Pressure Calibrators by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for Portable Pressure Calibrators by Geographic Region - Percentage Breakdown of Value Sales for Years 2014, 2024 & 2030
- World Recent Past, Current & Future Analysis for Portable Temperature Calibrators by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for Portable Temperature Calibrators by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for Portable Temperature Calibrators by Geographic Region - Percentage Breakdown of Value Sales for Years 2014, 2024 & 2030
- World Recent Past, Current & Future Analysis for Portable Loop Calibrators by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for Portable Loop Calibrators by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for Portable Loop Calibrators by Geographic Region - Percentage Breakdown of Value Sales for Years 2014, 2024 & 2030
- World Recent Past, Current & Future Analysis for Other Types by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for Other Types by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for Years 2014, 2024 & 2030
- World Recent Past, Current & Future Analysis for In-House Maintenance Teams by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for In-House Maintenance Teams by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for In-House Maintenance Teams by Geographic Region - Percentage Breakdown of Value Sales for Years 2014, 2024 & 2030
- World Recent Past, Current & Future Analysis for Third-Party Service Providers by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for Third-Party Service Providers by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for Third-Party Service Providers by Geographic Region - Percentage Breakdown of Value Sales for Years 2014, 2024 & 2030
- World Recent Past, Current & Future Analysis for OEMs by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
- World Historic Review for OEMs by Geographic Region - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
- World 16-Year Perspective for OEMs by Geographic Region - Percentage Breakdown of Value Sales for Years 2014, 2024 & 2030
For more information about this report visit https://www.researchandmarkets.com/r/ejxuz5
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