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Study: Global Calibration Services to Reach $4.1 Billion by 2015

Standards, periodic calibration requirements drive industry growth

Wed, 07/21/2010 - 17:15
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(Global Industry Analysts Inc.: San Jose, CA) -- A newly released market research report by Global Industry Analysts Inc. on calibration services concludes that calibration of electrical and communications equipment, particularly in North America and Europe, will occupy a major share of the calibration services market in the future.

“Calibration Services: A Global Strategic Business Report,” provides a review of noteworthy market trends, growth drivers, and challenges, and enumerates recent acquisitions and other strategic industry activities. The report offers market estimates and projections in dollars for the global calibration-services market for North America, Europe, Asia-Pacific, and the rest of world. In addition, the report offers market estimates and projections for calibration services by type—mechanical, electrical, physical/dimensional, and thermodynamic calibration—across end-use segments such as electronic manufacturing, communication, aerospace and defense, industrial and automotive, and others.

Growth in the calibration services market is influenced by a number of internal factors such as lab accreditation, service quality, and personnel expertise. External factors such as general economic conditions and installed base of process instruments are also relevant.

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