PUBLISHER: The Business Research Company | PRODUCT CODE: 1691943
PUBLISHER: The Business Research Company | PRODUCT CODE: 1691943
Instrument calibration services involve the systematic adjustment and validation of the accuracy and precision of measuring instruments and equipment against recognized standards. These services are conducted by proficient technicians or specialized calibration labs, utilizing calibrated reference standards alongside meticulous measurement protocols. This ensures that instruments deliver dependable and accurate readings within defined tolerances.
Key categories of instrument calibration services encompass electrical calibration, mass standards calibration, temperature calibration, among others. Electrical calibration services focus on fine-tuning and certifying the accuracy of electrical measuring instruments and tools. This type of service caters to a wide array of applications including, but not limited to, pharmaceutical and biomedical sectors, industrial and automotive fields, electronics, communication, as well as aerospace and defense industries. It serves various end-users such as manufacturing entities, research and development facilities, and government and defense sectors.
The instrument calibration services market research report is one of a series of new reports from The Business Research Company that provides instrument calibration services market statistics, including instrument calibration services industry global market size, regional shares, competitors with an instrument calibration services market share, detailed instrument calibration services market segments, market trends and opportunities, and any further data you may need to thrive in the instrument calibration services industry. This instrument calibration services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The instrument calibration services market size has grown strongly in recent years. It will grow from $1.67 billion in 2024 to $1.83 billion in 2025 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to regulatory compliance, quality standards, industry growth, outsourcing trend, globalization, rising complexity of instruments, focus on preventive maintenance.
The instrument calibration services market size is expected to see strong growth in the next few years. It will grow to $2.62 billion in 2029 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to growing healthcare sector, emergence of new industries, focus on sustainability, shift towards predictive maintenance, demand for accredited services. Major trends in the forecast period include integration of cloud-based systems, development of predictive maintenance solutions, collaboration between providers and manufacturers, adoption of remote capabilities, and increasing emphasis on data analytics.
The surge in industrial robot deployment is poised to drive the expansion of the instrument calibration services market. Industrial robots, programmable mechanical apparatuses utilized in manufacturing and industrial environments, are increasingly adopted to automate tasks conventionally executed by human labor. This proliferation is attributed to technological advancements, globalization trends, labor scarcities, and the imperative to bridge skill gaps by automating repetitive functions. Instrument calibration services play a crucial role in upholding the precision and safety of industrial robots, ensuring consistent performance and adherence to regulatory standards in manufacturing processes. Notably, in September 2023, the International Federation of Robotics reported a record-breaking 5% increase in industrial robot installations, reaching 553,052 units in 2022, surpassing the previous high of 517,385 units set in 2021. Thus, the expansion of industrial robots is a driving force behind the growth trajectory of the instrument calibration services market.
Prominent players within the instrument calibration services sector are prioritizing the development of phased array calibration solutions to bolster efficiency, precision, and automation in the calibration domain. Phased array calibration solutions represent cutting-edge systems tailored to expedite the development of active electronically scanned arrays for satellite communication applications. For instance, in October 2023, Keysight Technologies, a U.S.-based electronics enterprise, unveiled a sophisticated phased array antenna control and calibration solution tailored for satellite communications. This solution features an intuitive software interface for controlling the antenna under test, a compact antenna test range positioner, and a temperature control unit. The implementation of this innovative system substantially reduces calibration time for complex phased array antennas from hours or days to mere minutes within a laboratory environment, thereby enhancing mission success rates for both commercial and military satellite communications endeavors.
In November 2023, Aldinger Company Inc., a U.S.-based provider of calibration and repair services, finalized the acquisition of Instrument Technologies, augmenting its calibration and repair service portfolio for test and measurement equipment. This acquisition not only expands Aldinger's capabilities but also enhances its expertise in serving diverse industries such as agriculture and aviation, while bolstering its on-site calibration offerings. Instrument Technologies, headquartered in the U.S., specializes in delivering calibration services and training, aligning with Aldinger's strategic objectives to broaden its service spectrum and reinforce its market presence.
Major companies operating in the instrument calibration services market are Siemens AG, Lockheed Martin, General Electric Company, ABB Group, CMS Energy, Eurofins Scientific, SGS S.A, Bureau Veritas, Tektronix, Fluke Corporation, Keysight Technologies Inc., Intertek Group PLC, Endress+Hauser, TUV SUD, Cal Inc., Rohde & Schwarz GmbH & Co KG, Transcat Inc., Mitutoyo Corporation, Technical Maintenance, ESSCO Calibration Laboratory, Trescal Inc., Tradinco Instruments, Optical Test and Calibration Ltd., GE Kaye, Micro Precision Calibration
Asia-Pacific was the largest region in the instrument calibration services market in 2024. The regions covered in the instrument calibration services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the instrument calibration services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The instrument calibration services market includes revenues earned by entities by providing services such as in-house calibration, equipment repair and adjustment, instrument maintenance, instrument rental and leasing, and training and consultation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Instrument Calibration Services Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on instrument calibration services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for instrument calibration services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The instrument calibration services market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.