Search results for: 'service market'

Calibration and repair services for instrumentation are witnessing greater demand due to increasing safety and quality requirements. With the proliferation of high-tech products and pervasive connectivity, this market grew steadily over the past few years to reach $1.31 billion in 2015. By 2022, revenues are expected to reach $1.85 billion at a CAG...

31 Mar 2021  |  Global  |  Frost Radar

Frost Radar™: Global Calibration and Repair Services Market, 2021

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

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The global calibration and repair services market is anticipated to reach $3,996.9 million by 2024, driven by customers increasing concern about quality, greater adoption of these services in the aerospace and defense and life sciences industries, and tightening regulations imposed by authorities across the world. The instruments used require dilig...

Europe is a mature market for software and services in the field of analytical instruments. While this market is dominated by a handful of players, there is still a lot of potential for growth. This research service aims to capture the current picture of the European analytical software and services market, updating key facts and trends from earlie...

This deliverable focuses on the European electromagnetic compatibility (EMC) testing equipment and test services market. It discusses the key factors expected to drive and restrain the market growth over the next 5 to 7 years and forecasts the future size of the market in 2020. The deliverable discusses both segments - testing equipment and test se...

23 Feb 2018  |  Asia Pacific  |  Market Research

Nondestructive Testing (NDT) Inspection Services Market in Emerging Asia-Pacific, Forecast to 2022

Regulatory Compliance Amidst Rapid Industrial Proliferation, Propelled by Favorable Government Policies for Investors to Drive the Overall Market Growth

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With fluctuating and generally declining global oil prices, political instability, and many other factors, NDT inspection service providers have faced questions regarding their growth strategies going forward. Renewable energy is expected to be an emerging market for growth. Aging plant equipment and their inspection are opening up avenues for NDT ...

03 May 2016  |  Europe  |  Market Research

European Nondestructive Testing (NDT) Inspection Services Market Analysis, Forecast to 2020

Untapped Growth Potential in Eastern Europe and Wind Energy to Drive Overall Revenues

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For the European NDT inspection services market, the past 5 years have been torrid with the much discussed sovereign debt crisis crippling many economies. While some economies have turned around, the NDT inspection services market took a fresh blow when oil prices started declining to their lowest level in over 12 years. There are pockets of growth...

11 Dec 2020  |  Global  |  Market Research

IIoT Technologies Improving Process Efficiencies Power Global Calibration and Repair Services Market

Demand for High-quality Instrument Standards and Tightened Regulations Enhances Future Growth Potential

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The global calibration and repair services market is anticipated to reach $3,996.9 million by 2024, driven by increased quality awareness, greater adoption by the aerospace and defense and life sciences industries, and tightening regulations imposed by calibration regulatory authorities across the world. The instruments used in industries such as a...

21 Dec 2020  |  Global  |  Market Research

Third-party NDT Technologies to Drive the Global NDT Inspection Services Market Growth, 2020

Affordability and Enhanced User Experience Create New Growth Opportunities

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The global non-destructive testing (NDT) services market revenue in 2020 is $8,865.9 million, and is expected to grow at a compound annual growth rate (CAGR) of 3.2% between 2020 and 2025. North America (NA) is the biggest market for NDT services, holding 32.4% of the global revenue. The Asia-Pacific (APAC) region is expected to witness the highest...

This report gives a strategic overview of the Middle East and North Africa (MENA) NDT inspection services market. In this region, Saudi Arabia is the largest market for NDT inspection services and is growing rapidly due to investment in the oil and gas and the power generation infrastructure in the country. Declining oil and gas prices are a threat...