Growth Opportunities in the Calibration and Repair Services Market, Forecast to 2022
Growth Opportunities in the Calibration and Repair Services Market, Forecast to 2022
Market Consolidation and Technological Expertise to Accelerate Growth in a Transforming Market
07-Feb-2018
Global
Market Research
$4,950.00
Special Price $3,712.50 save 25 %
The calibration and repair services market in North America and Europe is anticipated to reach $3.98 billion by 2022, driven by the increase in quality awareness, greater adoption of metrology in the manufacturing process, and tightening of regulations by calibration regulatory authorities across the world. This market is expected to grow rapidly with the advent of Industrial Internet of Things (IIoT) since all the connected equipment need to be calibrated regularly to ensure the proper functioning of the device network. The desire for domain expertise and quality of the instruments is continuously increasing, especially in emerging countries.
The calibration and repair services market is likely to receive a boost in the following years due to the growth of its end-user industries. The instruments used, especially in industries such as aerospace & defense and life sciences, are at high risk of failure, so there is a need for calibration at regular intervals. There is also rising demand for on-site services, as they can reduce disruptions in a company's operations. Instead of sending the instrument for repair and calibration, and then waiting for the testers to send it back, on-site calibration can lower the wait time and eliminate the risk of damage.
The service providers for the calibration and repair services market can be classified into three types:
• Original equipment manufacturers (OEMs)
• Third-party service providers (TSPs)
• In-house laboratories
The end-user industries for the calibration and repair services market include
• Aerospace and Defense
• Semiconductors
• Consumer Electronics
• Healthcare
• Communications
• Industrial
• Automotive
The calibration and repair services cover the following four parameters: electrical, mechanical, thermodynamic, and physical/dimensional.
Research Highlights
The focus on automation also drives the calibration and repair services market, since automation reduces the amount of time required to perform calibration and improve the quality of the service. For some electrical equipment, users just need to plug the equipment into the software and the test is conducted automatically. Instruments in some industries, like automotive, need calibration at regular intervals. The possibility of autonomous cars depends on sensors, which need careful calibration. For instance, two sensors in a similar application can have different configurations and yield different results. A thorough and expert calibration of these sensors is needed to yield accurate results.
Purpose of this Experiential Study
5-step Process to Transformational Growth
Strategic Imperatives for Calibration and Repair Service Providers
Growth Opportunities 1-12—Vision and Strategy
Growth Opportunities 13-22—Brand and Demand
State of the Market
Market Segmentation
Market Definitions & Trends
Drivers and Restraints
Calibration Asset Management Software
Outsourcing of In-house Laboratories
Automation in Calibration
Calibration Services Market in China
Revenue Forecast
Revenue Forecast by Type of Provider
Percent Revenue Forecast by Service Provider
Revenue Forecast by End User
Revenue Forecast by Region
Revenue Forecast
Revenue Forecast by Type of Provider
Percent Revenue Forecast by Service Provider
Revenue Forecast by End User
Revenue Forecast by Region
Macro to Micro Visioning
Trends/Factors Impacting the Calibration and Repair Services Market
Top Predictions for the Calibration and Repair Services Market
Levers for Growth
Growth Opportunity 1—Consolidation of Third-party Service Providers
Growth Opportunity 2—Calibration Service Opportunities in India
Growth Opportunity 3—5G Research & Development in the United States
Growth Opportunity 4—Evolution of the Industrial Internet of Things
Growth Opportunity 5—Emerging Economies
Growth Opportunity 6—LTE Test Equipment Market in Latin America
Growth Opportunity 7—Aerospace & Defense Opportunities in China
Growth Opportunity 8—Wireless Communication Development in Select Asia-Pacific Countries
Growth Opportunity 9—Calibration of MEMS Sensors in Autonomous Car
Growth Opportunity 10—Pressure Gauges Calibration by Independent Service Providers
Growth Opportunity 11—Calibration of Powertrain in the Automotive Industry
Growth Opportunity 12—Calibration of Hybrid Vehicles in the Automotive Industry
Growth Opportunity 13—Calibration Asset Management Software
Growth Opportunity 14—Multi-vendor Multi-instrument Capabilities
Growth Opportunity 15—Quality Control, Inspection, Training, and Consulting Services
Growth Opportunity 16—Analytical Instrument Qualification, Calibration, and Repair Services for the Life Sciences Industry
Growth Opportunity 17—Proliferation of Modular Instruments
Growth Opportunity 18—Automation in Calibration
Growth Opportunity 19—Recalibration of Long-standing Test Equipment
Growth Opportunity 20—Calibration of Medical Wearable Devices
Growth Opportunity 21—Calibration of Oscilloscopes
Growth Opportunity 22—Calibration, Repair, and Support Services of Online/inline Analyzers by Independent Service Providers
Identifying Your Company’s Growth Zone
Growth Opportunities 1-12—Vision and Strategy
Growth Opportunities 13-22—Brand and Demand
Growth Opportunities Matrix
Growth Strategies for Your Company
Prioritized Opportunities through Implementation
Legal Disclaimer
List of Exhibits
- 1. Total Calibration and Repair Services Market: Key Market Drivers and Restraints, Global, 2017–2022
- 2. Calibration and Repair Services Market: Type of Service Providers, North America, 2016 & 2022
- 1. Calibration and Repair Services Market: Revenue Forecast, North America, 2013–2022
- 2. Total Calibration and Repair Services Market: Revenue Forecast by Type of Provider, North America, 2013–2022
- 3. Calibration and Repair Services Market: Percent Revenue by Service Provider, North America, 2016
- 4. Calibration and Repair Services Market: Percent Revenue Forecast by Service Provider, North America, 2022
- 5. Calibration and Repair Services Market: Revenue Forecast, North America, 2013–2022
- 6. Calibration and Repair Services Market: Revenue Forecast by Region, North America , 2013–2022
- 7. Calibration and Repair Services Market: Revenue Forecast, Europe, 2013–2022
- 8. Total Calibration and Repair Services Market: Revenue Forecast by Type of Provider, Europe, 2013–2022
- 9. Calibration and Repair Services Market: Percent Revenue by Service Provider, Europe, 2016
- 10. Calibration and Repair Services Market: Percent Revenue Forecast by Service Provider, Europe, 2022
- 11. Calibration and Repair Services Market: Revenue Forecast, Europe, 2013–2022
- 12. Calibration and Repair Services Market: Revenue Forecast By Region, Europe, 2013–2022
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Research Highlights
The focus on automation also drives the calibration and repair services market, since automation reduces the amou
Deliverable Type | Market Research |
---|---|
No Index | No |
Podcast | No |
Table of Contents | | Executive Dashboard~ || Purpose of this Experiential Study~ || 5-step Process to Transformational Growth~ || Strategic Imperatives for Calibration and Repair Service Providers~ || Growth Opportunities 1-12—Vision and Strategy~ || Growth Opportunities 13-22—Brand and Demand~ | Market Overview~ || State of the Market~ || Market Segmentation~ || Market Definitions & Trends~ || Drivers and Restraints~ | Key Market Trends~ || Calibration Asset Management Software~ || Outsourcing of In-house Laboratories~ || Automation in Calibration~ || Calibration Services Market in China~ | Market Forecasts—North America~ || Revenue Forecast~ || Revenue Forecast by Type of Provider~ || Percent Revenue Forecast by Service Provider~ || Revenue Forecast by End User~ || Revenue Forecast by Region~ | Market Forecasts—Europe~ || Revenue Forecast~ || Revenue Forecast by Type of Provider~ || Percent Revenue Forecast by Service Provider~ || Revenue Forecast by End User~ | Visioning Scenarios~ || Revenue Forecast by Region~ || Macro to Micro Visioning~ || Trends/Factors Impacting the Calibration and Repair Services Market~ || Top Predictions for the Calibration and Repair Services Market~ | Growth Pipeline~ || Levers for Growth~ | Growth Opportunities—Vision and Strategy~ || Growth Opportunity 1—Consolidation of Third-party Service Providers~ || Growth Opportunity 2—Calibration Service Opportunities in India~ || Growth Opportunity 3—5G Research & Development in the United States~ || Growth Opportunity 4—Evolution of the Industrial Internet of Things~ || Growth Opportunity 5—Emerging Economies~ || Growth Opportunity 6—LTE Test Equipment Market in Latin America~ || Growth Opportunity 7—Aerospace & Defense Opportunities in China~ || Growth Opportunity 8—Wireless Communication Development in Select Asia-Pacific Countries~ || Growth Opportunity 9—Calibration of MEMS Sensors in Autonomous Car~ || Growth Opportunity 10—Pressure Gauges Calibration by Independent Service Providers~ || Growth Opportunity 11—Calibration of Powertrain in the Automotive Industry~ || Growth Opportunity 12—Calibration of Hybrid Vehicles in the Automotive Industry~ | Growth Opportunities—Brand and Demand~ || Growth Opportunity 13—Calibration Asset Management Software~ || Growth Opportunity 14—Multi-vendor Multi-instrument Capabilities~ || Growth Opportunity 15—Quality Control, Inspection, Training, and Consulting Services~ || Growth Opportunity 16—Analytical Instrument Qualification, Calibration, and Repair Services for the Life Sciences Industry~ || Growth Opportunity 17—Proliferation of Modular Instruments~ || Growth Opportunity 18—Automation in Calibration~ || Growth Opportunity 19—Recalibration of Long-standing Test Equipment~ || Growth Opportunity 20—Calibration of Medical Wearable Devices~ || Growth Opportunity 21—Calibration of Oscilloscopes~ || Growth Opportunity 22—Calibration, Repair, and Support Services of Online/inline Analyzers by Independent Service Providers~ | Growth Opportunities Matrix~ || Identifying Your Company’s Growth Zone~ || Growth Opportunities 1-12—Vision and Strategy~ || Growth Opportunities 13-22—Brand and Demand~ || Growth Opportunities Matrix~ | Growth Strategy and Implementation~ || Growth Strategies for Your Company~ || Prioritized Opportunities through Implementation~ || Legal Disclaimer~ | Appendix~ || List of Exhibits~ |
List of Charts and Figures | 1. Total Calibration and Repair Services Market: Key Market Drivers and Restraints, Global, 2017–2022~ 2. Calibration and Repair Services Market: Type of Service Providers, North America, 2016 & 2022~| 1. Calibration and Repair Services Market: Revenue Forecast, North America, 2013–2022~ 2. Total Calibration and Repair Services Market: Revenue Forecast by Type of Provider, North America, 2013–2022~ 3. Calibration and Repair Services Market: Percent Revenue by Service Provider, North America, 2016~ 4. Calibration and Repair Services Market: Percent Revenue Forecast by Service Provider, North America, 2022~ 5. Calibration and Repair Services Market: Revenue Forecast, North America, 2013–2022~ 6. Calibration and Repair Services Market: Revenue Forecast by Region, North America , 2013–2022~ 7. Calibration and Repair Services Market: Revenue Forecast, Europe, 2013–2022~ 8. Total Calibration and Repair Services Market: Revenue Forecast by Type of Provider, Europe, 2013–2022 ~ 9. Calibration and Repair Services Market: Percent Revenue by Service Provider, Europe, 2016~ 10. Calibration and Repair Services Market: Percent Revenue Forecast by Service Provider, Europe, 2022~ 11. Calibration and Repair Services Market: Revenue Forecast, Europe, 2013–2022~ 12. Calibration and Repair Services Market: Revenue Forecast By Region, Europe, 2013–2022~ |
Author | Janani Balasundar |
Industries | Test and Measurement Instrumentation |
WIP Number | MD2B-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9403,9404-A5,9594,99FA |